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Marine Diesel Engines Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026 The global marine diesel engines market has been expanding primarily due to the need for the shipping industry to reduce carbon emissions. The shipping industry is focusing on the development of higher-efficient diesel engines, which use less diesel while providing more propulsion to the vessel. On the other hand, the recent downturn in the shipping and shipbuilding industry has hampered the market. Shipbuilding orders have declined along with the decrease in shipping rates. A recovery is expected during the forecast period; however, it would depend on several factors such as the price of crude oil and the economic growth rate of various countries.
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