According to a recent report published by Allied Market Research, titled, “marine engine market by ship type, capacity, and fuel type: global opportunity analysis and industry forecast, 2021–2030,” the global marine market was valued at $11.62 billion in 2020, and is projected to reach $18.09 billion by 2030, registering a CAGR of 4.7% from 2021 to 2030. Presently, the …