Marine Dual-Fuel Generator Set - Global Top Players Market Share and Ranking 2025- YH Research

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Marine Dual-Fuel Generator Set - Global Top Players Market Share and Ranking 2025

Publication Date: 2025-12-12
Report Id: 2862862
Industry: Energy & Power
Report Page: 107
Chart: 109

PDF Download

Publication Date: 2025-12-12
Report Id: 2862862
Industry: Energy & Power
Report Page: 107
Chart: 109

PDF Download

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Table of Contents
Description
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1 Market Overview
1.1 Marine Dual-Fuel Generator Set Definition
1.2 Global Marine Dual-Fuel Generator Set Market Size and Forecast
1.2.1 By Consumption Value, Global Marine Dual-Fuel Generator Set Market Size, 2020-2031
1.2.2 By Sales Quantity, Global Marine Dual-Fuel Generator Set Market Size, 2020-2031
1.2.3 Global Marine Dual-Fuel Generator Set Average Selling Price (ASP), 2020-2031
1.3 China Marine Dual-Fuel Generator Set Market Size and Forecast
1.3.1 By Consumption Value, China Marine Dual-Fuel Generator Set Market Size, 2020-2031
1.3.2 By Sales Quantity, China Marine Dual-Fuel Generator Set Market Size, 2020-2031
1.3.3 China Marine Dual-Fuel Generator Set Average Selling Price (ASP), 2020-2031
1.4 Share of China Marine Dual-Fuel Generator Set Market with Respect to the Global Market
1.4.1 By Consumption Value, China Marine Dual-Fuel Generator Set Market Share in Global, 2020-2031
1.4.2 By Sales Quantity, China Marine Dual-Fuel Generator Set Market Share in Global, 2020-2031
1.4.3 Marine Dual-Fuel Generator Set Market Size: China VS Global, 2020-2031
1.5 Marine Dual-Fuel Generator Set Market Dynamics
1.5.1 Marine Dual-Fuel Generator Set Market Drivers
1.5.2 Marine Dual-Fuel Generator Set Market Restraints
1.5.3 Marine Dual-Fuel Generator Set Industry Trends
1.5.4 Marine Dual-Fuel Generator Set Industry Policy

2 Global Leading Manufacturers and Market Share
2.1 By Revenue of Marine Dual-Fuel Generator Set, Global Market Share by Company, 2020-2025
2.2 By Sales Quantity of Marine Dual-Fuel Generator Set, Global Market Share by Company, 2020-2025
2.3 Marine Dual-Fuel Generator Set Average Selling Price (ASP) by Company, 2020-2025
2.4 Global Marine Dual-Fuel Generator Set Participants, Market Position (Tier 1, Tier 2, and Tier 3)
2.5 Global Marine Dual-Fuel Generator Set Concentration Ratio
2.6 Global Marine Dual-Fuel Generator Set Mergers & Acquisitions, Expansion Plans
2.7 Global Marine Dual-Fuel Generator Set Manufacturers Product Type
2.8 Head Office and Marine Dual-Fuel Generator Set Production Site of Key Manufacturer
2.9 Marine Dual-Fuel Generator Set Capacity of Major Manufacturers and Future Plan

3 China Leading Manufacturers and Market Share
3.1 By Revenue of Marine Dual-Fuel Generator Set, China Market Share by Company, 2020-2025
3.2 By Sales Quantity of Marine Dual-Fuel Generator Set, China Market Share by Company, 2020-2025
3.3 China Marine Dual-Fuel Generator Set Marine Dual-Fuel Generator Set Participants, Market Position (Tier 1, Tier 2, and Tier 3)

4 Global Producing Regions
4.1 Global Marine Dual-Fuel Generator Set Capacity, Output and Capacity Utilization, 2020-2031
4.2 Global Marine Dual-Fuel Generator Set Capacity by Region
4.3 Global Marine Dual-Fuel Generator Set Production & Forecast by Region, 2020 VS 2024 VS 2031
4.4 Global Marine Dual-Fuel Generator Set Production by Region, 2020-2031
4.5 Global Marine Dual-Fuel Generator Set Production Market Share & Forecast by Region, 2020-2031

5 Industry Chain Analysis
5.1 Marine Dual-Fuel Generator Set Industry Chain
5.2 Marine Dual-Fuel Generator Set Upstream Analysis
5.2.1 Marine Dual-Fuel Generator Set Core Raw Materials
5.2.2 Main Manufacturers of Marine Dual-Fuel Generator Set Core Raw Materials
5.3 Midstream Analysis
5.4 Downstream Analysis
5.5 Marine Dual-Fuel Generator Set Production Mode
5.6 Marine Dual-Fuel Generator Set Procurement Model
5.7 Marine Dual-Fuel Generator Set Industry Sales Model and Sales Channels
5.7.1 Marine Dual-Fuel Generator Set Sales Model
5.7.2 Marine Dual-Fuel Generator Set Typical Distributors

6 Sights by Type
6.1 Marine Dual-Fuel Generator Set Classification by Type
6.1.1 Less than 200KW
6.1.2 200-1000KW
6.1.3 More than 1000KW
6.2 by Type, Global Marine Dual-Fuel Generator Set Consumption Value & CAGR, 2020 VS 2024 VS 2031
6.3 by Type, Global Marine Dual-Fuel Generator Set Consumption Value, 2020-2031
6.4 by Type, Global Marine Dual-Fuel Generator Set Sales Quantity, 2020-2031
6.5 by Type, Global Marine Dual-Fuel Generator Set Average Selling Price (ASP), 2020-2031

7 Sights by Ignition Method
7.1 Marine Dual-Fuel Generator Set Classification by Ignition Method
7.1.1 Pilot Ignition
7.1.2 Spark Ignition
7.2 by Ignition Method, Global Marine Dual-Fuel Generator Set Consumption Value & CAGR, 2020 VS 2024 VS 2031
7.3 by Ignition Method, Global Marine Dual-Fuel Generator Set Consumption Value, 2020-2031
7.4 by Ignition Method, Global Marine Dual-Fuel Generator Set Sales Quantity, 2020-2031
7.5 by Ignition Method, Global Marine Dual-Fuel Generator Set Average Selling Price (ASP), 2020-2031

8 Sights by Fuel Combination
8.1 Marine Dual-Fuel Generator Set Classification by Fuel Combination
8.1.1 Natural Gas-Diesel
8.1.2 Methanol-Diesel
8.1.3 LPG-Diesel
8.1.4 Others
8.2 by Fuel Combination, Global Marine Dual-Fuel Generator Set Consumption Value & CAGR, 2020 VS 2024 VS 2031
8.3 by Fuel Combination, Global Marine Dual-Fuel Generator Set Consumption Value, 2020-2031
8.4 by Fuel Combination, Global Marine Dual-Fuel Generator Set Sales Quantity, 2020-2031
8.5 by Fuel Combination, Global Marine Dual-Fuel Generator Set Average Selling Price (ASP), 2020-2031

9 Sights by Application
9.1 Marine Dual-Fuel Generator Set Segment by Application
9.1.1 Ferry
9.1.2 Bulk Carrier
9.1.3 Container Ship
9.1.4 Cruise Ship
9.1.5 Workboats
9.1.6 Others
9.2 by Application, Global Marine Dual-Fuel Generator Set Consumption Value & CAGR, 2020 VS 2024 VS 2031
9.3 by Application, Global Marine Dual-Fuel Generator Set Consumption Value, 2020-2031
9.4 by Application, Global Marine Dual-Fuel Generator Set Sales Quantity, 2020-2031
9.5 by Application, Global Marine Dual-Fuel Generator Set Price, 2020-2031

10 Sales Sights by Region
10.1 By Region, Global Marine Dual-Fuel Generator Set Consumption Value, 2020 VS 2024 VS 2031
10.2 By Region, Global Marine Dual-Fuel Generator Set Consumption Value, 2020-2031
10.3 By Region, Global Marine Dual-Fuel Generator Set Sales Quantity, 2020-2031
10.4 North America
10.4.1 North America Marine Dual-Fuel Generator Set Market Size & Forecasts, 2020-2031
10.4.2 By Country, North America Marine Dual-Fuel Generator Set Market Size Market Share
10.5 Europe
10.5.1 Europe Marine Dual-Fuel Generator Set Market Size & Forecasts, 2020-2031
10.5.2 By Country, Europe Marine Dual-Fuel Generator Set Market Size Market Share
10.6 Asia Pacific
10.6.1 Asia Pacific Marine Dual-Fuel Generator Set Market Size & Forecasts, 2020-2031
10.6.2 By Country/Region, Asia Pacific Marine Dual-Fuel Generator Set Market Size Market Share
10.7 South America
10.7.1 South America Marine Dual-Fuel Generator Set Market Size & Forecasts, 2020-2031
10.7.2 By Country, South America Marine Dual-Fuel Generator Set Market Size Market Share
10.8 Middle East & Africa

11 Sales Sights by Country Level
11.1 By Country, Global Marine Dual-Fuel Generator Set Market Size & CAGR, 2020 VS 2024 VS 2031
11.2 By Country, Global Marine Dual-Fuel Generator Set Consumption Value, 2020-2031
11.3 By Country, Global Marine Dual-Fuel Generator Set Sales Quantity, 2020-2031
11.4 United States
11.4.1 United States Marine Dual-Fuel Generator Set Market Size, 2020-2031
11.4.2 by Type, United States Marine Dual-Fuel Generator Set Sales Quantity Market Share, 2024 VS 2031
11.4.3 by Application, United States Marine Dual-Fuel Generator Set Sales Quantity Market Share, 2024 VS 2031
11.5 Europe
11.5.1 Europe Marine Dual-Fuel Generator Set Market Size, 2020-2031
11.5.2 by Type, Europe Marine Dual-Fuel Generator Set Sales Quantity Market Share, 2024 VS 2031
11.5.3 by Application, Europe Marine Dual-Fuel Generator Set Sales Quantity Market Share, 2024 VS 2031
11.6 China
11.6.1 China Marine Dual-Fuel Generator Set Market Size, 2020-2031
11.6.2 by Type, China Marine Dual-Fuel Generator Set Sales Quantity Market Share, 2024 VS 2031
11.6.3 by Application, China Marine Dual-Fuel Generator Set Sales Quantity Market Share, 2024 VS 2031
11.7 Japan
11.7.1 Japan Marine Dual-Fuel Generator Set Market Size, 2020-2031
11.7.2 by Type, Japan Marine Dual-Fuel Generator Set Sales Quantity Market Share, 2024 VS 2031
11.7.3 by Application, Japan Marine Dual-Fuel Generator Set Sales Quantity Market Share, 2024 VS 2031
11.8 South Korea
11.8.1 South Korea Marine Dual-Fuel Generator Set Market Size, 2020-2031
11.8.2 by Type, South Korea Marine Dual-Fuel Generator Set Sales Quantity Market Share, 2024 VS 2031
11.8.3 by Application, South Korea Marine Dual-Fuel Generator Set Sales Quantity Market Share, 2024 VS 2031
11.9 Southeast Asia
11.9.1 Southeast Asia Marine Dual-Fuel Generator Set Market Size, 2020-2031
11.9.2 by Type, Southeast Asia Marine Dual-Fuel Generator Set Sales Quantity Market Share, 2024 VS 2031
11.9.3 by Application, Southeast Asia Marine Dual-Fuel Generator Set Sales Quantity Market Share, 2024 VS 2031
11.10 India
11.10.1 India Marine Dual-Fuel Generator Set Market Size, 2020-2031
11.10.2 by Type, India Marine Dual-Fuel Generator Set Sales Quantity Market Share, 2024 VS 2031
11.10.3 by Application, India Marine Dual-Fuel Generator Set Sales Quantity Market Share, 2024 VS 2031
11.11 Middle East & Africa
11.11.1 Middle East & Africa Marine Dual-Fuel Generator Set Market Size, 2020-2031
11.11.2 by Type, Middle East & Africa Marine Dual-Fuel Generator Set Sales Quantity Market Share, 2024 VS 2031
11.11.3 by Application, Middle East & Africa Marine Dual-Fuel Generator Set Sales Quantity Market Share, 2024 VS 2031

12 Manufacturers Profile
12.1 Wärtsilä
12.1.1 Wärtsilä Company Information, Head Office, Market Area, and Industry Position
12.1.2 Wärtsilä Marine Dual-Fuel Generator Set Models, Specifications, and Application
12.1.3 Wärtsilä Marine Dual-Fuel Generator Set Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
12.1.4 Wärtsilä Company Profile and Main Business
12.1.5 Wärtsilä Recent Developments
12.2 Caterpillar
12.2.1 Caterpillar Company Information, Head Office, Market Area, and Industry Position
12.2.2 Caterpillar Marine Dual-Fuel Generator Set Models, Specifications, and Application
12.2.3 Caterpillar Marine Dual-Fuel Generator Set Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
12.2.4 Caterpillar Company Profile and Main Business
12.2.5 Caterpillar Recent Developments
12.3 Cummins
12.3.1 Cummins Company Information, Head Office, Market Area, and Industry Position
12.3.2 Cummins Marine Dual-Fuel Generator Set Models, Specifications, and Application
12.3.3 Cummins Marine Dual-Fuel Generator Set Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
12.3.4 Cummins Company Profile and Main Business
12.3.5 Cummins Recent Developments
12.4 MAN Energy Solutions
12.4.1 MAN Energy Solutions Company Information, Head Office, Market Area, and Industry Position
12.4.2 MAN Energy Solutions Marine Dual-Fuel Generator Set Models, Specifications, and Application
12.4.3 MAN Energy Solutions Marine Dual-Fuel Generator Set Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
12.4.4 MAN Energy Solutions Company Profile and Main Business
12.4.5 MAN Energy Solutions Recent Developments
12.5 Rolls-Royce
12.5.1 Rolls-Royce Company Information, Head Office, Market Area, and Industry Position
12.5.2 Rolls-Royce Marine Dual-Fuel Generator Set Models, Specifications, and Application
12.5.3 Rolls-Royce Marine Dual-Fuel Generator Set Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
12.5.4 Rolls-Royce Company Profile and Main Business
12.5.5 Rolls-Royce Recent Developments
12.6 Mitsui E&S
12.6.1 Mitsui E&S Company Information, Head Office, Market Area, and Industry Position
12.6.2 Mitsui E&S Marine Dual-Fuel Generator Set Models, Specifications, and Application
12.6.3 Mitsui E&S Marine Dual-Fuel Generator Set Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
12.6.4 Mitsui E&S Company Profile and Main Business
12.6.5 Mitsui E&S Recent Developments
12.7 General Electric
12.7.1 General Electric Company Information, Head Office, Market Area, and Industry Position
12.7.2 General Electric Marine Dual-Fuel Generator Set Models, Specifications, and Application
12.7.3 General Electric Marine Dual-Fuel Generator Set Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
12.7.4 General Electric Company Profile and Main Business
12.7.5 General Electric Recent Developments
12.8 Weichai Heavy Machinery
12.8.1 Weichai Heavy Machinery Company Information, Head Office, Market Area, and Industry Position
12.8.2 Weichai Heavy Machinery Marine Dual-Fuel Generator Set Models, Specifications, and Application
12.8.3 Weichai Heavy Machinery Marine Dual-Fuel Generator Set Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
12.8.4 Weichai Heavy Machinery Company Profile and Main Business
12.8.5 Weichai Heavy Machinery Recent Developments
12.9 Soar Power Group
12.9.1 Soar Power Group Company Information, Head Office, Market Area, and Industry Position
12.9.2 Soar Power Group Marine Dual-Fuel Generator Set Models, Specifications, and Application
12.9.3 Soar Power Group Marine Dual-Fuel Generator Set Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
12.9.4 Soar Power Group Company Profile and Main Business
12.9.5 Soar Power Group Recent Developments
12.10 Ningbo C.S.I. Power & Machinery Group
12.10.1 Ningbo C.S.I. Power & Machinery Group Company Information, Head Office, Market Area, and Industry Position
12.10.2 Ningbo C.S.I. Power & Machinery Group Marine Dual-Fuel Generator Set Models, Specifications, and Application
12.10.3 Ningbo C.S.I. Power & Machinery Group Marine Dual-Fuel Generator Set Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
12.10.4 Ningbo C.S.I. Power & Machinery Group Company Profile and Main Business
12.10.5 Ningbo C.S.I. Power & Machinery Group Recent Developments

13 Conclusion

14 Appendix
14.1 Research Methodology
14.2 Data Source
14.2.1 Secondary Sources
14.2.2 Primary Sources
14.3 Market Estimation Model
14.4 Disclaimer

According to YH Research, the global market for Marine Dual-Fuel Generator Set should grow from US$ 1334 million in 2024 to US$ 1936 million by 2031, with a CAGR of 5.4% for the period of 2025-2031.

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Marine Dual-Fuel Generator Set

According to YH Research, the global market for Marine Dual-Fuel Generator Set should grow from US$ 1334 million in 2024 to US$ 1936 million by 2031, with a CAGR of 5.4% for the period of 2025-2031.

Unit: US$ M

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In-depth insight into market trends

In 2024, global production of marine dual-fuel generator sets reached 15,300 units, with an average selling price of US$82,000 per unit. Production capacity in 2024 was 17,200 units, with an average gross profit margin of approximately 20-30%. Marine dual-fuel generator sets are power units specifically designed for ships, capable of using diesel and natural gas simultaneously or alternately as fuel. These units employ diesel ignition technology, igniting a natural gas mixture through the compression and ignition of a small amount of diesel fuel, achieving efficient and clean combustion. The system features intelligent fuel switching capabilities, automatically selecting the optimal operating mode based on emission requirements of the navigation area, fuel supply, and operating costs.

The upstream core raw materials and components for marine dual-fuel generator sets mainly include: special steels, non-ferrous metals, high-end alloys, special coating materials, and highly integrated electrical control systems and precision fuel injection systems. Its downstream application industries directly serve the shipping emission reduction field, mainly including: transport ships, large container ships, luxury cruise ships, bulk carriers, and ongoing green conversion projects for traditional fuel-powered ships. These ships adopt dual-fuel generator sets to meet the strict sulfur oxide, nitrogen oxide and carbon emission regulations of the International Maritime Organization.

The global marine dual-fuel generator set market is experiencing rapid growth, primarily driven by increasingly stringent carbon emission regulations from the International Maritime Organization and the shipping industry's need for operational cost control. Diesel-gas engines, primarily powered by liquefied natural gas and compatible with fuel oil, are currently the mainstream technology. They significantly reduce sulfur oxide and particulate emissions while utilizing relatively inexpensive natural gas fuel, providing shipowners with an environmentally friendly and economical transitional solution. Market participants mainly consist of traditional diesel engine giants (such as MAN and Wärtsilä) and emerging energy technology companies, with competition focusing on thermal efficiency, reliability, and fuel flexibility. In the future, with the maturation of zero-carbon fuel technologies such as ammonia and hydrogen, the market will further develop towards multi-fuel compatibility and low-carbonization throughout its entire lifecycle, with shipbuilding and conversion centers in the Asia-Pacific and Europe becoming key regional markets.

This report studies and analyses global Marine Dual-Fuel Generator Set status and future trends, helps the client to determine the Marine Dual-Fuel Generator Set market size of the total market opportunity by Type, by Application, by company, and by region & country. This report is a detailed and comprehensive analysis of the world market for Marine Dual-Fuel Generator Set, and provides market size (in Units & US$ million) and Year-over-Year growth, considering 2024 as the base year.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

To assess the competitive environment within the market including supplier revenue, market share, and company profiles.

Highlights
(1) Global Marine Dual-Fuel Generator Set market size, history data 2020-2025, and forecast data 2026-2031, (US$ million) & (Units)
(2) Global Marine Dual-Fuel Generator Set sales, revenue, price by company, market share and industry ranking 2020-2025, (US$ million) & (Units)
(3) China Marine Dual-Fuel Generator Set sales, revenue, price by company, market share and industry ranking 2020-2025, (US$ million) & (Units)
(4) Global Marine Dual-Fuel Generator Set key consuming regions, consumption quantity, consumption value and demand structure
(5) Global Marine Dual-Fuel Generator Set key producing regions, capacity, production, and year over year growth
(6) Marine Dual-Fuel Generator Set industry chains, upstream, midstream and downstream
Market segment by players, this report covers
    Wärtsilä
    Caterpillar
    Cummins
    MAN Energy Solutions
    Rolls-Royce
    Mitsui E&S
    General Electric
    Weichai Heavy Machinery
    Soar Power Group
    Ningbo C.S.I. Power & Machinery Group

Market segment by Type, covers
    Less than 200KW
    200-1000KW
    More than 1000KW

Market segment by Ignition Method, covers
    Pilot Ignition
    Spark Ignition

Market segment by Fuel Combination, covers
    Natural Gas-Diesel
    Methanol-Diesel
    LPG-Diesel
    Others

Market segment by Application, can be divided into
    Ferry
    Bulk Carrier
    Container Ship
    Cruise Ship
    Workboats
    Others

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Report Includes:
Chapter 1: to describe Marine Dual-Fuel Generator Set product scope, global sales quantity, value and average price, China sales quantity, value and average price, development opportunities, challenges, trends, and policies.
Chapter 2: Global Marine Dual-Fuel Generator Set market share and ranking of major manufacturers, sales quantity, revenue, average price, 2020-2025
Chapter 3: China Marine Dual-Fuel Generator Set market share and ranking of major manufacturers, sales quantity, revenue, average price, 2020-2025
Chapter 4: Global key producing regions of Marine Dual-Fuel Generator Set, percent & CAGR, 2020-2031
Chapter 5: Marine Dual-Fuel Generator Set industry chain, upstream, medium-stream, and downstream.
Chapter 6: Segment by Type, sales quantity, average price, consumption value, percent & CAGR, 2020-2031
Chapter 7: Segment by Application, sales quantity, average price, consumption value, percent & CAGR, 2020-2031
Chapter 8: Segment in regional level, sales quantity, average price, consumption value, percent & CAGR, 2020-2031
Chapter 9: Segment in country level, sales quantity, average price, consumption value, percent & CAGR, 2020-2031
Chapter 10: Company profile, introducing the basic situation of the main companies in the market in detail, including product specifications, application, recent development, sales quantity, average price, revenue, gross margin.