India Marine Engines Market, Competition, Forecast & Opportunities, 2026 - ResearchAndMarkets.com
Moreover, presence of reputed marine engine manufacturers and merchant shipping companies in India is also fueling the demand for marine engines in the country.
- Moreover, presence of reputed marine engine manufacturers and merchant shipping companies in India is also fueling the demand for marine engines in the country.
- The Indian Marine Engines Market can be segmented based on fuel type, power, end-use and region.
- Based on end-use, the Indian Marine Engines Market can be segmented into auxiliary and propulsion engines.
- However, due to the current economic slowdown and lockdown in entire country due to the spread of Coronavirus, Indian marine machinery and equipment industry is experiencing a degrowth at present, which has also directly affected India marine engines market.