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 t%li%grow from USD 1.9 billion in 2023 t%li%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 t%li%guide a vessel in open water which is crucial for marine base steering gear t%li%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 t%li%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 t%li%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 t%li%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:
Growth Drivers
Strict Military Regulatory Standards are Expected t%li%Boost the Market Growth
Increasing Demand of Large and Medium Sized Vessels is Expected t%li%Boost the Growth of the Market
Restraint
High Investment in Gears May Hamper the Market Growth
Key Players
Global Laboratory Temperature Control Units Market is further segmented by region into:
PRODUCT OVERVIEW
Global Marine Base Steering Gear Market size was USD 1.7 billion in 2021 and projected t%li%grow from USD 1.9 billion in 2023 t%li%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 t%li%guide a vessel in open water which is crucial for marine base steering gear t%li%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 t%li%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 t%li%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 t%li%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 t%li%Boost the Market Growth
Increasing Demand of Large and Medium Sized Vessels is Expected t%li%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 t%li%witness the fastest growth as well as t%li%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 t%li%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 int%li%the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
- 3-month post-sales analyst support.
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
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
