Marine Auxiliary Engine Market Report 2025 (Global Edition)

Global Marine Auxiliary Engine Market Report 2025 Market Size Split by Fuel Type Outlook: (Diesel, Gas), by Application Outlook: (Commercial, Recreational), by Engine Capacity Outlook: (Up to 500 kW, ...

Marine Auxiliary Engine Market Report Description

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Competitive Landscape of the Marine Auxiliary Engine Market

The marine auxiliary engine market is highly competitive, with key companies focusing on innovation, fuel efficiency, and compliance with environmental regulations to maintain a competitive edge. Manufacturers are investing in technologies like hybrid engines, LNG solutions, and emission-reducing systems to meet industry demands for sustainability. Additionally, partnerships with shipbuilders and service providers are key strategies to expand market presence and address customer needs across various marine sectors.

In September 2023, Perkins Marine launched two electric auxiliary engines tailored for inland waterways, tugs, government vessels, fishing boats and ferry services. The engines focus on improving operational efficiency while minimizing environmental impact across multiple marine sectors. This development aligns with the growing demand for eco-friendly and efficient power solutions in the marine industry. (Source: https://www.perkins.com/en_GB/company/news/corporate-press-release/perkins-marine-launches-two-new-auxiliary-engines.html)

Top Companies Market Share in Marine Auxiliary Engine Industry: (In no particular order of Rank)

• Wabtec Corporation
• Rolls-Royce Plc
• Yanmar Holdings Co. Ltd.
• MAN Truck & Bus SE
• Caterpillar Inc.
• Deere & Company
• HD Hyundai Heavy Industries Co. Ltd.
• Mitsubishi Turbocharger and Engine Europe B.V.
• Kirloskar Oil Engines Limited
• Cummins Inc.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Marine Auxiliary Engine Market

Which Region Dominates the Marine Auxiliary Engine Market in 2024?

According to Cognitive Market Research, North America currently dominates the Marine Auxiliary Engines market, and the region is expected to have significant growth during the projected period. This is due to its strong presence in the maritime industry, with a significant number of commercial vessels and shipping companies operating in the region.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR) due to the rapid expansion of maritime trade, increasing shipbuilding activities, and the adoption of advanced engine technologies.

The current report Scope analyzes Marine Auxiliary Engine Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Marine Auxiliary Engine

According to Cognitive Market Research, the global Marine Auxiliary Engine market size was estimated at USD 3514.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 1405.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Marine Auxiliary Engine market with a market size of USD 1109.08 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period due to the stricter environmental regulations.
• The Canada Marine Auxiliary Engine market had a market share of USD 168.68 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period due to the growth in offshore oil and gas exploration activities.
• The Mexico Marine Auxiliary Engine market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 127.92 million in 2024.

Europe Marine Auxiliary Engine

According to Cognitive Market Research, the global Marine Auxiliary Engine market size was estimated at USD 3514.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 1054.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.

• The United Kingdom Marine Auxiliary Engine market had a market share of USD 177.12 million in 2024 and is projected to grow at a CAGR of 6.3% during the forecast period. In the UK, Marine Auxiliary Engine sales witness an upswing due to the stringent environmental regulations.
• The France Marine Auxiliary Engine market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 96.99 million in 2024.
• According to Cognitive Market Research, the German Marine Auxiliary Engine market size was valued at USD 208.74 million in 2024 and is projected to grow at a CAGR of 5.7% during the forecast period. In Germany, the Marine Auxiliary Engine surged due to the expansion of maritime trade and shipping activities.
• The Italy Marine Auxiliary Engine market is projected to witness growth at a CAGR of 4.9% during the forecast period, with a market size of USD 90.67 million in 2024.
• The Russia Marine Auxiliary Engine market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 163.41 million in 2024.
• The Spain Marine Auxiliary Engine market is projected to witness growth at a CAGR of 4.6% during the forecast period with a market size of USD 86.45 million in 2024
• The Luxembourg Marine Auxiliary Engine market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 32.68 million in 2024.
• The Portugal Marine Auxiliary Engine market is projected to witness growth at a CAGR of 5.3% during the forecast period, with a market size of USD 22.14 million in 2024.
• The Greece Marine Auxiliary Engine market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 12.65 million in 2024.
• The Rest of Europe's Marine Auxiliary Engine market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 163.41 million in 2024.

Asia Pacific Marine Auxiliary Engine

According to Cognitive Market Research, the global Marine Auxiliary Engine market size was estimated at USD 3514.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 808.27 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Marine Auxiliary Engine market size was valued at USD 363.72 million in 2024 and is projected to grow at a CAGR of 8.5% during the forecast period. Marine Auxiliary Engines surged in China due to rising trade volumes and maritime activities.
• The Japan Marine Auxiliary Engine market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 111.54 million in 2024.
• The India Marine Auxiliary Engine market had a market share of USD 96.99 million in 2024 and is projected to grow at a CAGR of 10.8% during the forecast period due to the increasing adoption of fuel-efficient and eco-friendly marine technologies .
• The South Korean Marine Auxiliary Engine market is projected to witness growth at a CAGR of 8.1% during the forecast period, with a market size of USD 80.83 million in 2024.
• The Australian Marine Auxiliary Engine market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 42.03 million in 2024.
• The South East Asia Marine Auxiliary Engine market is projected to witness growth at a CAGR of 10.0% during the forecast period, with a market size of USD 55.77 million in 2024.
• The Rest of Asia Pacific Marine Auxiliary Engine market is projected to witness growth at a CAGR of 8.8% during the forecast period, with a market size of USD 57.39 million in 2024.

South America Marine Auxiliary Engine

According to Cognitive Market Research, the global Marine Auxiliary Engine market size was estimated at USD 3514.2 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 175.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Marine Auxiliary Engine market size was valued at USD 75.20 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. Marine Auxiliary Engines flourished in Brazil due to investments in port infrastructure and marine fleet modernization.
• Argentina's Marine Auxiliary Engine market had a market share of USD 29.52 million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period due to the growing focus on fuel efficiency and emission compliance in marine engines .
• Colombia Marine Auxiliary Engine market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 15.64 million in 2024.
• Peru Marine Auxiliary Engine market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 14.41 million in 2024.
• Chile Marine Auxiliary Engine market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 12.65 million in 2024.
• The Rest of Latin America's Marine Auxiliary Engine market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 28.29 million in 2024.

Middle East and Africa Marine Auxiliary Engine

According to Cognitive Market Research, the global Marine Auxiliary Engine market size was estimated at USD 3514.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 70.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031..

• The GCC Countries Marine Auxiliary Engine market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 30.08 million in 2024. Marine Auxiliary Engine sales flourish due to the rising demand for energy-efficient and environmentally compliant auxiliary engines.
• The Egypt Marine Auxiliary Engine market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 7.38 million in 2024.
• The South Africa Marine Auxiliary Engine market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 11.10 million in 2024. Marine Auxiliary Engine sales flourished in South Africa due to growth in the oil and gas sector.
• The Turkey Marine Auxiliary Engine market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 6.04 million in 2024.
• The Nigeria Marine Auxiliary Engine market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 7.38 million in 2024.
• The Rest of the MEA Marine Auxiliary Engine market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 8.29 million in 2024.

Marine Auxiliary Engine Market Analysis

How are Segments Performing in the Global Marine Auxiliary Engine Market?

Marine Auxiliary Engine Market Fuel Type Segment Analysis

According to Cognitive Market Research, diesel marine auxiliary engines are likely to dominate the Marine Auxiliary Engine Market over the forecast period due to their reliability, fuel efficiency, and established technology. They provide consistent power for vessel operations, are cost-effective in terms of initial investment, and offer a broad range of applications. Additionally, their well-understood maintenance requirements make them the preferred choice in the industry.

The gas is the fastest-growing segment in the Marine Auxiliary Engine Market due to their lower emissions and compliance with stringent environmental regulations, such as IMO Tier III standards. With rising demand for cleaner technologies, LNG (liquefied natural gas) engines offer an eco-friendly alternative to traditional diesel engines, driving growth in the market.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Marine Auxiliary Engine Industry. Request a Free Sample PDF!

Marine Auxiliary Engine Market Application Segment Analysis

According to Cognitive Market Research, the commercial segment holds the largest share of the market due to the high demand for auxiliary power in cargo vessels, tankers, and passenger ships. These vessels require reliable auxiliary engines for critical operations such as power generation and propulsion support. The growing global trade and shipping industry fuel this dominance.

In the Marine Auxiliary Engine Market, the recreational sector has been expanding at a rapid pace due to increased interest in leisure boating and recreational activities. As more individuals engage in yachting, sailing, and other water sports, demand for auxiliary engines that provide power for onboard systems like lighting, HVAC, and navigation rises steadily.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Marine Auxiliary Engine Engine Capacity Outlook: Segment Analysis

Marine Auxiliary Engine Market Engine Capacity Segment Analysis

According to Cognitive Market Research, up to 500 kW segment holds the largest market share due to their suitability for a wide range of vessel types, including smaller commercial ships and leisure boats. These engines provide a balance of power, fuel efficiency, and cost-effectiveness, making them the preferred choice for many operators.

In the Marine Auxiliary Engine market, the rapidly growing sector is the 500-1,500 kW category due to increasing demand for medium-sized vessels, including cargo ships and cruise liners. These engines offer a balance of power, fuel efficiency, and cost-effectiveness, meeting both commercial and regulatory requirements for energy-efficient operations.

• Up to 500 kW
• 500-1kW
• 500 kW
• Above 1
• 500 kW

Marine Auxiliary Engine Vessel Outlook: Segment Analysis

Marine Auxiliary Engine Market Vessel Segment Analysis

According to Cognitive Market Research, the general cargo segment dominates the market due to its widespread use in global trade. These vessels require reliable auxiliary engines for essential functions like power generation and cargo handling. The large number of general cargo ships and their operational demands drive significant demand for marine auxiliary engines.

Passenger cargo is projected to be the fastest-growing segment in the Marine Auxiliary Engine market due to increasing global tourism and demand for ferries and cruise ships. These vessels require auxiliary engines for power generation, HVAC systems, and other operations. As passenger travel expands, so does the need for reliable and efficient auxiliary engines.

• Auto Carrier
• Passenger Cruise
• General Cargo

Author's Detail

Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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