
Marine Base Steering Gear Market Size, Share, and Analysis, By Type (Ram Type, Rotary Vane Type), By Power Source (Hydraulic, Electro-hydraulic), By Means of Steering (Auto-Pilot, Manual), By Business Type (Original Equipment Manufacturer (OEM) and Afterm
Description
Marine Base Steering Gear Market Size, Share, and Analysis, By Type (Ram Type, Rotary Vane Type), By Power Source (Hydraulic, Electro-hydraulic), By Means of Steering (Auto-Pilot, Manual), By Business Type (Original Equipment Manufacturer (OEM) and Aftermarket), By End-user Industry (Passenger Vessels, Defence, and Commercial) and Regional Forecasts, 2022-2032
Marine Base Steering Gear Market Size, Share, and Analysis, By Type (Ram Type, Rotary Vane Type), By Power Source (Hydraulic, Electro-hydraulic), By Means of Steering (Auto-Pilot, Manual), By Business Type (Original Equipment Manufacturer (OEM) and Aftermarket), By End-user Industry (Passenger Vessels, Defence, and Commercial) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW
Global Marine Base Steering Gear Market size was USD 1.7 billion in 2021 and projected to grow from USD 1.9 billion in 2023 to USD 2.9 billion by 2032, exhibiting a CAGR of 5.1% during the forecast period.
The marine base steering gear is an equipment used to guide a vessel in open water which is crucial for marine base steering gear to work in a good condition as it aids in maintaining the boats and ships on the course, by preventing them from hitting obstacles or running aground. Marine base steering gear are either of hydraulic or manual.
MARKET HIGHLIGHTS
Global Marine Base Steering Gear Market is expected to reach USD 2.9 billion, growing at a CAGR of 5.1% during forecast period. The basic requirement of marine base steering gears is guided by rules and standards which has the capability of turning or steering the ship from 35 degrees port to 35 degrees starboard and vice versa. The growth of maritime industry at a rapid pace and increasing marine ships or vessels is providing a growth opportunity for the marine base steering gear market and is expected to continue the same in the forecast period. The prime control systems & power units are duplicated for aiding as a substitute for the failure with the help of emergency generator.
Marine Base Steering Gear Market Segments:
- Type
- Ram Type
- Rotary Vane Type
- Power Source
- Hydraulic
- Electro-hydraulic
- Means of Steering
- Auto-Pilot
- Manual
- Business Type
- Original Equipment Manufacturer (OEM)
- Aftermarket
- End-user Industry
- Passenger Vessels
- Defence
- Commercial
Growth Drivers
Strict Military Regulatory Standards are Expected to Boost the Market Growth
Increasing Demand of Large and Medium Sized Vessels is Expected to Boost the Growth of the Market
Restraint
High Investment in Gears May Hamper the Market Growth
Key Players
- Data Hidrolik
- Palmarine
- Wills Ridley Ltd
- Rolls-Royce plc
- Brusselle Carral Marine
- Jastram Engineering Ltd.
- Nufoss Services Pte Ltd.
- REMONTOWA HYDRAULIC SYSTEMS
- KATSA OY
- Other Prominent Players
Global Laboratory Temperature Control Units Market is further segmented by region into:
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
Table of Contents
456 Pages
- 1 Executive Summary
- 1.1. Regional Market Share
- 1.2. Business Trends
- 1.3. Marine Base Steering Gear Market: COVID-19 Outbreak
- 1.4. Regional Trends
- 1.5. Segmentation Snapshot
- 2 Research Methodology
- 2.1. Research Objective
- 2.2. Research Approach
- 2.3. Data Sourcing and Methodology
- 2.4. Primary Research
- 2.5. Secondary Research
- 2.5.1. Paid Sources
- 2.5.2. Public Sources
- 2.6. Market Size Estimation and Data Triangulation
- 3 Market Characteristics
- 3.1. Market Definition
- 3.2. Marine Base Steering Gear Market: COVID-19 Impact
- 3.3. Key Segmentations
- 3.4. Key Developments
- 3.5. Allied Industry Data
- 4 Marine Base Steering Gear Market – Industry Insights
- 4.1. Industry Segmentation
- 4.2. COVID-19 overview on world economy
- 4.3. Industry ecosystem Channel analysis
- 4.4. Innovation & Sustainability
- 5 Macroeconomic Indicators
- 6 Recent Developments
- 7 Market Dynamics
- 7.1. Introduction
- 7.2. Growth Drivers
- 7.3. Market Opportunities
- 7.4. Market Restraints
- 7.5. Market Trends
- 8 Risk Analysis
- 9 Market Analysis
- 9.1. Porters Five Forces
- 9.2. PEST Analysis
- 9.2.1. Political
- 9.2.2. Economic
- 9.2.3. Social
- 9.2.4. Technological
- 10 Marine Base Steering Gear Market
- 10.1. Overview
- 10.2. Historical Analysis (2016-2021)
- 10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
- 11 Marine Base Steering Gear Market Size & Forecast 2022A-2032F
- 11.1. Overview
- 11.2. Key Findings
- 11.3. Market Segmentation
- 11.3.1. By Type
- 11.3.1.1. Ram Type
- 11.3.1.1.1. By Value (USD Million) 2022-2032F
- 11.3.1.1.2. Market Share (%) 2022-2032F
- 11.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.1.2. Rotary Vane Type
- 11.3.1.2.1. By Value (USD Million) 2022-2032F
- 11.3.1.2.2. Market Share (%) 2022-2032F
- 11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.2. By Power Source
- 11.3.2.1. Hydraulic
- 11.3.2.1.1. By Value (USD Million) 2022-2032F
- 11.3.2.1.2. Market Share (%) 2022-2032F
- 11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.2.2. Electro-hydraulic
- 11.3.2.2.1. By Value (USD Million) 2022-2032F
- 11.3.2.2.2. Market Share (%) 2022-2032F
- 11.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.3. By Means of Steering
- 11.3.3.1. Auto-Pilot
- 11.3.3.1.1. By Value (USD Million) 2022-2032F
- 11.3.3.1.2. Market Share (%) 2022-2032F
- 11.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.3.2. Manual
- 11.3.3.2.1. By Value (USD Million) 2022-2032F
- 11.3.3.2.2. Market Share (%) 2022-2032F
- 11.3.3.2.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.4. By Business Type
- 11.3.4.1. Original Equipment Manufacturer (OEM)
- 11.3.4.1.1. By Value (USD Million) 2022-2032F
- 11.3.4.1.2. Market Share (%) 2022-2032F
- 11.3.4.1.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.4.2. Aftermarket
- 11.3.4.2.1. By Value (USD Million) 2022-2032F
- 11.3.4.2.2. Market Share (%) 2022-2032F
- 11.3.4.2.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.5. By End-user Industry
- 11.3.5.1. Passenger Vessels
- 11.3.5.1.1. By Value (USD Million) 2022-2032F
- 11.3.5.1.2. Market Share (%) 2022-2032F
- 11.3.5.1.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.5.2. Defence
- 11.3.5.2.1. By Value (USD Million) 2022-2032F
- 11.3.5.2.2. Market Share (%) 2022-2032F
- 11.3.5.2.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.5.3. Commercial
- 11.3.5.3.1. By Value (USD Million) 2022-2032F
- 11.3.5.3.2. Market Share (%) 2022-2032F
- 11.3.5.3.3. Y-o-Y Growth (%) 2022-2032F
- 12 North America Marine Base Steering Gear Market Size & Forecast 2022A-2032F
- 12.1. Overview
- 12.2. Key Findings
- 12.3. Market Segmentation
- 12.3.1. By Type
- 12.3.2. By Power Source
- 12.3.3. By Means of Steering
- 12.3.4. By Business Type
- 12.3.5. By End User Industry
- 12.4. Country
- 12.4.1. United States
- 12.4.2. Canada
- 13 Europe Marine Base Steering Gear Market Size & Forecast 2022A-2032F
- 13.1. Overview
- 13.2. Key Findings
- 13.3. Market Segmentation
- 13.3.1. By Type
- 13.3.2. By Power Source
- 13.3.3. By Means of Steering
- 13.3.4. By Business Type
- 13.3.5. By End User Industry
- 13.4. Country
- 13.4.1. Germany
- 13.4.2. United Kingdom
- 13.4.3. France
- 13.4.4. Italy
- 13.4.5. Spain
- 13.4.6. Russia
- 13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
- 14 Asia Marine Base Steering Gear Market Size & Forecast 2022A-2032F
- 14.1. Overview
- 14.2. Key Findings
- 14.3. Market Segmentation
- 14.3.1. By Type
- 14.3.2. By Power Source
- 14.3.3. By Means of Steering
- 14.3.4. By Business Type
- 14.3.5. By End User Industry
- 14.4. Country
- 14.4.1. India
- 14.4.2. China
- 14.4.3. South Korea
- 14.4.4. Japan
- 14.4.5. Rest of APAC
- 15 Middle East and Africa Marine Base Steering Gear Market Size & Forecast 2022A-2032F
- 15.1. Overview
- 15.2. Key Findings
- 15.3. Market Segmentation
- 15.3.1. By Type
- 15.3.2. By Power Source
- 15.3.3. By Means of Steering
- 15.3.4. By Business Type
- 15.3.5. By End User Industry
- 15.4. Country
- 15.4.1. Israel
- 15.4.2. GCC
- 15.4.3. North Africa
- 15.4.4. South Africa
- 15.4.5. Rest of Middle East and Africa
- 16 Latin America Marine Base Steering Gear Market Size & Forecast 2022A-2032F
- 16.1. Overview
- 16.2. Key Findings
- 16.3. Market Segmentation
- 16.3.1. By Type
- 16.3.2. By Power Source
- 16.3.3. By Means of Steering
- 16.3.4. By Business Type
- 16.3.5. By End User Industry
- 16.4. Country
- 16.4.1. Mexico
- 16.4.2. Brazil
- 16.4.3. Rest of Latin America
- 17 Competitive Landscape
- 17.1. Company market share, 2021
- 17.2. Key player overview
- 17.3. Key stakeholders
- 18 Company Profiles
- 18.1. Data Hidrolik
- 18.1.1. Company Overview
- 18.1.2. Financial Overview
- 18.1.3. Key Product; Analysis
- 18.1.4. Company Assessment
- 18.1.4.1. Product Portfolio
- 18.1.4.2. Key Clients
- 18.1.4.3. Market Share
- 18.1.4.4. Recent News & Development (Last 3 Yrs.)
- 18.1.4.5. Executive Team
- 18.2. Palmarine
- 18.3. Wills Ridley Ltd
- 18.4. Rolls-Royce plc
- 18.5. Brusselle Carral Marine
- 18.6. Jastram Engineering Ltd.
- 18.7. Nufoss Services Pte Ltd.
- 18.8. REMONTOWA HYDRAULIC SYSTEMS
- 18.9. KATSA OY
- 18.10. Other Prominent Players
- 19 Appendix
- 20 Consultant Recommendation
Pricing
Currency Rates
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