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MAN & Wartsila Lead Marine Diesel Engine Industry for Global and China Regions, Says A New Research Report at ChinaMarketResearchReports.com


News provided by

China Market Research Reports

10 Apr, 2015, 02:15 GMT

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DALLAS, April 10, 2015 /PRNewswire/ --

This research says South Korea, Japan and China enjoy about 80% share of the global marine diesel engine market. Among them, South Korea monopolizes the low-speed marine engine market, while Japan and China act as leaders in the medium-speed marine engine market.

As the core of the ship equipment, marine diesel engine can be divided into low-speed, medium-speed and high-speed types according to the rotational speed.

A large number of marine diesel engine companies worldwide make use of technology licenses for production and sale, particularly MAN and Wartsila are the world's foremost license providers. In 2014, MAN and Wartsila shared 99% of the global low-speed marine engine market and 77% of the world's medium-speed marine engine market.

Although as the world's largest shipbuilding country, China is weak in ship supporting capabilities and has to apply the patents of MAN, Wartsila and Mitsubishi Heavy Industries to the vast majority of low-speed marine diesel engines. As of the end of 2014, MAN had authorized nearly 20 companies in China, while Wartsila authorized 10 ones and Mitsubishi Heavy Industries 3 ones.

Place a direct purchase order of this report (Global and China Marine Diesel Engine Industry Report, 2014-2015) at  http://www.chinamarketresearchreports.com/contacts/purchase.php?name=115039  .

Through introduction, digestion and assimilation, China has raised its marine diesel engine production level rapidly, and witnessed the emergence of Hudong Heavy Machinery, CSSC-MES Diesel, Dalian Marine Diesel, Yichang Marine Diesel Engine, Qingdao Haixi Heavy-duty Machinery and other low-speed marine engine protagonists. In 2014, the above five companies boasted total capacity of low-speed marine engines up to 8.5 million horsepower. At the same time, medium-speed marine engine enterprises represented by CSSC Marine Power and Shaanxi Diesel Engine Heavy Industry have also arisen.

MAN is the world's largest low-speed marine diesel engine brand. In 2014, its sales reported EUR14.286 billion, of which EUR3.273 billion stemmed from MAN Diesel & Turbo. In February 2015, MAN signed the 10-year agreements about low-speed two-stroke diesel engine license with China State Shipbuilding Corporation (CSSC) and China Shipbuilding Industry Corporation (CSIC).

Wartsila is known as the world's largest medium-speed marine diesel engine brand. Wartsila runs four marine diesel engine joint ventures in China, namely Shanghai Wartsila Qiyao Diesel  Company  (WQDC), Wartsila Nantong, Wartsila Yuchai and Winterthur Gas & Diesel (Win GD). Win GD is a joint venture co-founded by Wartsila (holding 30% stake) and CSSC (70% stake), which grasps Wartsila's two-stroke engine technology, and formally went into operation on January 19, 2015.

Hudong Heavy Machinery is the largest manufacturer of marine diesel engines in China. It enjoyed 51% stake in CSSC-MES Diesel in 2013 and produced 194 marine diesel engines with 4.1 million horsepower in 2014, ranking first in the industry. In January 2015, it delivered the world's first SCR system applied to Win GD's low-speed engines.

CSSC Marine Power is grown from the merger between Zhenjiang CSSC Equipment and Anqing CSSC Diesel Engine in September 2013. As a leader in Chinese medium-speed marine engine market, the company is capable of annually producing 500 medium-speed marine engines with the bore (cylinder diameter) size of below 320mm and 840,000 horsepower as well as 30 low-speed engines with 300,000 horsepower.

Dalian Marine Diesel produces high-power marine engines for Wartsila and MAN, with annual capacity of 2 million horsepower. In December 2013, Dalian Marine Diesel and Wartsila signed an agreement to jointly develop new-generation X92 green marine engines.

Global and China Marine Diesel Engine Industry Report, 2014-2015  highlights the followings:

  • Global marine diesel engine market size, regional structure, corporate structure, etc;
  • Policies on marine diesel engine and industrial environment in China;
  • Supply and demand, import & export and competitive landscape of Chinese marine diesel engine market;
  • Development of low-speed and medium-speed marine engines in China;
  • Operation, R & D and development strategies of six global marine diesel engine companies and 17 Chinese counterparts.

Major Points from Table of Contents (http://www.chinamarketresearchreports.com/115039-toc.html)

Key Companies Worldwide
MAN Group, Wartsila, Caterpillar, Hyundai Heavy Industries, Mitsubishi Heavy Industries, Doosan Engine

Key Enterprises in China
Hudong Heavy Machinery, Dalian Marine Diesel, Yichang Marine Diesel Engine, Weichai Heavy Machinery, CSSC-MES Diesel, Shaanxi Diesel Engine Heavy Industry, CSSC Marine Power, Zibo Diesel Engine Parent Company, Henan Diesel Engine Industry

List of Charts 

Classification of Marine Diesel Engines
Global Marine Diesel Engine Market Size, 2005-2015
Global Low-Speed Marine Diesel Engine Market Size, 2005-2015
Global Low-Speed Marine Diesel Engine Market Share (by Country), 2013
Japan's Marine Diesel Engine Output and Revenue, 2009-2014
Japan's Low-speed Marine Diesel Engine Output and Output Value, 2009-2014
Market Share of Major Global Low-speed Marine Diesel Engine Brands (by Power), 2007-2014
Market Share of Major Global Medium-speed Marine Diesel Engine Brands (by Power), 2007-2014
Three Indicators of Global Shipbuilding, 2010-2014
NOx Emission Standards for Marine Diesel Engines
Development of Marine Diesel Engines Complying with Tier II Standards in China, 2010-2014
Policies on Marine Diesel Engine in China, 2011-2014
China's Output of Marine Diesel Engines, 2009-2014
Shipbuilding Completions in China, 2007-2015
Import Volume and Value of Marine Diesel Engines in China, 2008-2014
TOP 10 Import Sources of Marine Diesel Engines in China, 2014
TOP 10 Importers (Provinces/Municipalities) of Marine Diesel Engines in China, 2014
Export Volume and Value of Marine Diesel Engines in China, 2008-2014
TOP 10 Exporters (Provinces/Municipalities) of Marine Diesel Engines in China, 2014
Top 10 Export Destinations of Marine Diesel Engines in China, 2014

Browse more reports on "Manufacturing & Construction" @  http://www.chinamarketresearchreports.com/cat/manufacturing-construction.html  .

About Us:

China Market Research Reports is a database of selected syndicated market reports for global and China industries including but not limited to life sciences, information technology and telecommunications, consumer goods, food and beverages, energy and power, automotive and transportation, manufacturing and construction, materials and chemicals, public sector as well as business and financial services. We provide 24/7 online and offline support to our customers.

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