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Global Transmission Systems for Marine Applications 2016-2020

Global Transmission Systems for Marine Applications 2016-2020

About Transmission Systems for Marine Applications

Transmission systems in marine vessels form an indispensable link between the propulsion engine and the propeller. The transmission systems used in marine vessels comprise mainly of a reduction gear, which is an arrangement that enables an input speed to be lowered when there is a requirement for slower output speed with the same or higher output torque. The reduction gear assembly comprises a set of rotating gears associated with a wheel work. The high-speed inbound motion from the wheel work is transmitted to the set of rotating gears, where the motion or torque undergoes a modification. The number of gears used in the reduction gear assembly is dependent on the output speed requirement of the application.

Technavio’s analysts forecast the global transmission systems market for marine applications to grow at a CAGR of above 3% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global transmission systems market for marine applications 2016-2020. To calculate the market size, the report considers the order book of the global shipbuilding industry along with the following global seaborne trade forecast assumptions.The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Transmission Systems Market for Marine Applications 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Rolls-Royce
  • Twin Disc
  • Velvet Drive
  • Wärtsilä
  • ZF
Other prominent vendors
  • Atlantis Marine
  • Borg Warner
  • Transocean
  • Volvo Penta
Market driver
  • Emergence of two-speed gearbox to emissions
  • For a full, detailed list, view our report
Market challenge
  • Asian economic downturn fueling maritime volatility
  • For a full, detailed list, view our report
Market trend
  • Adoption of Z-drive in inland towboats
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Transmission Systems Market for Marine Applications 2016-2020

Technavio recognizes the following companies as the key players in the global transmission systems market for marine applications: Rolls-Royce, Twin Disc, Velvet Drive, Wärtsilä, and ZF.

Other Prominent Vendors in the market are: Atlantis Marine, Borg Warner, Transocean, and Volvo Penta.

Commenting on the report, an analyst from Technavio’s team said: “The advent of V-drive transmission systems will be a major trend for this market. V-drive is a propulsion system for small vessels that comprises of two drive shafts, a gearbox, and a propeller. In a V-drive vessel, the engine is fixed in the rear of the boat, and the front of the engine faces aft. The transmission is connected to the rear of the engine. The first driveshaft links the rear of the transmission to a gearbox mounted in the center of the boat. The second driveshaft extends from the gearbox to the rear and out the bottom of the boat to where the propeller is mounted.”

According to the report, the emergence of two-speed gearbox to emissions will be a growth driving factor for this market. two-speed gearboxes have proved to be beneficial monetarily as well as environmentally. The gearboxes can serve vessels having multiple operational modes or reduced transit speed, including RoPax ferries, offshore support vessels, and tug boats. The two-speed gearboxes were observed to consume 8% less fuel than single mechanical propulsion systems. The reduction in fuel consumption that these type of gearboxes entail can go up to 15% with similar reductions in the emission of nitrogen oxides (NOx) and sulfur dioxide (SOx).

Further, the report states that the Asian economic downturn will fuel maritime volatility. It is expected that the sluggish growth of the Chinese economy will lead to significant cut in demand for shipping services, thereby intensifying the oversupply in tanker shipping. The shipbuilding industry, which once were riding high on China’s growth are now the biggest losers due the country’s slowdown.

Companies Mentioned

Rolls-Royce, Twin Disc, Velvet Drive, Wärtsilä, ZF, Atlantis Marine, Borg Warner, Transocean, Volvo Penta.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Market size calculation: Demand side
      • Table Segmentation by types
      • Table Key countries in each geographical region
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Annual EXIM percentage change16 201611-2014
      • Table MARPOL regulations
    • Market overview
      • Table Global transmission systems market for marine applications: Segmentation
    • Market size and forecast
      • Table Global transmission systems market for marine applications 2015-2020 ($ billions)
      • Table Impact of factors governing market growth
      • Table Top five countries by merchant fleet 2015 (by deadweight tonnage)
      • Table Crude oil tanker deliveries 2010-2020 (actual and forecast)
    • Five forces analysis
      • Table Five forces analysis
  • Market drivers
    • Emergence of two-speed gearbox to emissions
    • Innovations in ancillary equipment
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Asian economic downturn fueling maritime volatility
    • BREXIT heightens trade and seafaring insecurities
      • Table Consequences of possible BREXIT on maritime interests
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • V-drive transmission systems
    • Adoption of Z-drive in inland towboats
      • Table Economic change agents
    • Deployment of magnetically geared propulsion motors
      • Table Marine transmission systems market by ship type 2015-2020
  • Marine transmission systems market by ship type
    • Table Marine transmission system market segmental revenue with YoY growth 2015-2020 ($ billions)
    • Transmission systems market in commercial shipping
      • Table Transmission systems market in commercial shipping 2015-2020 ($ billions)
    • Transmission systems market in leisure shipping
      • Table Transmission systems market in leisure shipping 2015-2020 ($ billions)
      • Table Cruise line deployment by region 2016 (%)
      • Table New cruise ships 2016-2022
      • Table Cruise passenger ships: Country-wise distribution 2015
    • Transmission systems market in military shipping
      • Table Transmission systems market in military shipping 2015-2020 ($ billions)
      • Table Countries with largest naval fleets 2015 (number of ships)
  • Geographical segmentation
    • Transmission systems market by geography
      • Table Geographic segmentation 2015-2020
      • Table Marine transmission systems market segmentation by geography and YoY growth 2015-202 ($ billions)
    • Transmission systems market in APAC
      • Table Transmission systems market in APAC 2015-2020 ($ billions)
    • Transmission systems market in EMEA
      • Table Transmissions systems market in EMEA 2015-2020 ($ billions)
    • Transmission systems market in Americas
      • Table Transmission systems market in Americas 2015-2020 ($ billions)
      • Table Top five metropolitan port complexes in US
  • Vendor landscape
    • Competitive landscape
      • Table Buying criteria based on type of vessel
      • Table Risk factors in marine transmissions systems market
    • Other prominent vendors
  • Key vendor analysis
    • Rolls-Royce
      • Table Rolls-Royce: Transmission systems product portfolio
      • Table Rolls-Royce: Business segmentation by revenue 2015
      • Table Underlying revenue mix for marine segment 201573
      • Table Rolls-Royce: Geographical segmentation by revenue 2015
    • Twin Disc
      • Table Twin Disc: Business segments
      • Table Twin Disc: Transmission systems product portfolio
      • Table Twin Disc: Business segmentation by revenue 2015
      • Table Twin Disc: Geographical segmentation by revenue 2015
    • Velvet Drive
      • Table Velvet Drive: Product portfolio
    • Wärtsilä
      • Table Wärtsilä: Business segments
      • Table Wärtsilä: Transmission systems product portfolio
      • Table Wärtsilä: Business segmentation by revenue 2015
      • Table Wärtsilä: Geographical segmentation by revenue 2015
    • ZF
      • Table ZF: Business segments
      • Table ZF: Transmission systems product portfolio
      • Table ZF: Business segmentation by revenue 2015
      • Table ZF: Geographical segmentation by revenue 2013 and 2014 ($ millions)
  • Appendix
    • List of abbreviations
  • Explore Technavio

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