DUBLIN--(BUSINESS WIRE)--The "Malaysia Marine Engine Market (2021-2027): Market Forecast by Power, By Propulsion Types, by Applications, by Regions and Competitive Landscape." report has been added to ResearchAndMarkets.com's offering.

Malaysia Marine Engine Market report thoroughly covers the market by power, propulsion types, applications and regions. The report provides an unbiased and detailed analysis of the ongoing trends, opportunities / high growth areas, market drivers, and market revenue ranking by companies, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Malaysia Marine Engine Market Synopsis

Malaysia marine engine market grew steadily in the period 2017-2019 on the back of government initiatives to recover the shipbuilding industry of Malaysia after the slump in 2014-2016. Malaysia is increasing its number of commercial vessels rapidly as 95% of its trade is through sea route which would act as a driver in the overall Malaysia marine engine market. Furthermore, Malaysia has emerged as the second-largest producer of palm oil in the world, exporting palm oil products to China, India, Netherlands, Pakistan, Philippines and more. As this trend continues, it is anticipated to augment the demand for marine engines in the forecast period.

According to the publisher, the Malaysia Marine Engine Market size is projected to grow at a CAGR of 6.4% during 2021-27. The spread of Covid-19 in 2020 resulted in the decline in market revenues due to the lockdown measures adopted to curb the spread of the virus, which in turn led to supply chain disruptions and delay in the production process. However, as the economic conditions are normalizing and commercial activities are resuming, the market is anticipated to recover by 2022 and register growth thereafter.

Market by Power Analysis

In terms of power, 500.1-1000 Hp and above 1000 Hp cumulatively have captured 75% of the market revenues in 2020, with 500.1-1000 Hp leading the segment. 500.1-1000 Hp accounted for the highest market revenue share in 2020 and is expected to continue to lead the market during the forecast period due to its multitude of applications in the commercial and oil and gas segment.

Market by Regions Analysis

In the Malaysia marine engine market, the Peninsular Malaysia region has led the overall market revenues accounting for more than 37.1% of the market revenues in 2020. Peninsular Malaysia region acquired the highest revenue share in the Malaysia marine engine market in 2020 as this region is responsible for the majority of the port trade activities and cargo services in the country.

Key Attractiveness of the Report:

• COVID-19 Impact on the Market
• 10 Years Market Numbers
• Historical Data Starting from 2017 to 2020
• Base Year: 2020
• Forecast Data until 2027
• Key Performance Indicators Impacting the Market
• Major Upcoming Developments and Projects

Key Topics Covered:

1. Executive Summary

2. Introduction

3. Malaysia Marine Engine Market Overview

4. Malaysia Marine Engine Market Covid-19 Impact Analysis

5. Malaysia Marine Engine Market Dynamics

5.1 Impact Analysis

5.2 Market Drivers

5.3 Market Restraints

6. Malaysia Marine Engine Market Trends

7. Malaysia Marine Engine Market Overview, by Power

8. Malaysia Marine Engine Market Overview, by Propulsion Types

9. Malaysia Marine Engine Market Overview, by Applications

10. Malaysia Marine Engine Market Overview, by Regions

11. Malaysia Marine Engine Market Key Performance Indicators

12. Malaysia Marine Engine Market Opportunity Assessment

12.1 Malaysia Marine Engine Market Opportunity Assessment, by Power, 2027

12.2 Malaysia Marine Engine Market Opportunity Assessment, by Propulsion Types, 2027

12.3 Malaysia Marine Engine Market Opportunity Assessment, by Applications, 2027

12.4 Malaysia Marine Engine Market Opportunity Assessment, by Regions, 2027

13. Malaysia Marine Engine Market Competitive Landscape

13.1 Malaysia Marine Engine Market Revenue Ranking, by Companies, 2020

13.2 Malaysia Marine Engine Market Competitive Benchmarking, by Technical Parameters

13.3 Malaysia Marine Engine Market Competitive Benchmarking, by Operating Parameters

14. Company Profiles

14.1 Cummins Inc.

14.2 Caterpillar Inc.

14.3 Mitsubishi Heavy Industries Engine System Asia Pte Ltd.

14.4 Yamaha Motor Co. Ltd.

14.5 Mercury Marine

14.6 Wartsila Corporation

14.7 AB Volvo (publ)

14.8 MAN Energy Solutions SE

14.9 Yanmar Holdings Co., Ltd.

14.10 Rolls Royce Public Limited Company

15. Key Strategic Recommendations

16. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/r/h0ywo9

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