comparemela.com

Latest Breaking News On - Marine propulsion engine market - Page 1 : comparemela.com

Hybrid Electric Marine Propulsion Engine Market: 44% of Market Growth is Expected in APAC by 2027

Hybrid Electric Marine Propulsion Engine Market: 44% of Market Growth is Expected in APAC by 2027

The hybrid electric marine propulsion engine market is estimated to grow by USD 1.13 billion from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 5.2% during the forecast period. However, the growth momentum will progress. APAC is estimated to contribute 44% to the growth by 2027. In the APAC market, primary revenue sources include ferries, tugboats, and yachts. To comply with stringent regulations on emissions set by regulatory bodies, these vessels are increa

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.