The global marine gensets market is valued at US$ 5.3 billion in 2023. Worldwide sales of marine gensets are expected to increase at a CAGR of 4.5% and reach a market valuation of US$ 8.2 billion by the end of 2033.
As seaborne trade between emerging nations grows, marine generator sets are being used more widely in commercial vessels. The growth of long-haul international travel...