Marine Gensets Market to Hit USD 6.62 Billion by 2030, Driven by Growing Demand for Offshore Power S
Global Marine Gensets Market Set to Reach USD 6.62 Billion by 2030, Growing at a CAGR of 4.3% Summary: The global marine gensets market is projected to grow from USD 4.93 billion in 2023 to USD 6.62 billion by 2030, registering a compound annual growth rate (CAGR) of 4.3%. This growth is driven by increasing demand for reliable onboard power solutions across commercial, defense, and offshore vessels, coupled with advancements in hybrid and fuel-efficient technologies.
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