Market Overview:
The global rotaryvane steering gear market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for luxury boats and yachts, and the growing popularity of leisure boating activities. Additionally, the increasing adoption of advanced technologies in rotaryvane steering gears is also contributing to the growth of this market. Based on type, the global rotaryvane steering gear market can be segmented into 30° to 45°, 45° to 55°, 55° to 65°, and others segments. The 30 ‚± 45 ‚± segment is expected to account for a major share of this market in terms of revenue owing to its high demand from work boats and fishing boats applications. By application, the global rotaryvane steering gear market can be divided into work boat, fishing boat yacht ,and others segments. The yacht segment is projected witness highest growth during the forecast period due with increase in adoption rate across developed countries such as U .S., Germany ,and France .Regionally speaking North America accounted for largest share followed by Europe in 2017 .
Product Definition:
RotaryVane steering gear is a type of power steering that uses a rotary vane pump to create hydraulic pressure. This pressure is used to turn the steering wheel, providing assistance to the driver. Rotaryvane pumps are simpler and less expensive than other types of power steering pumps, making them popular in economy vehicles.
30° to 45°:
30° to 45° is the angle of rotation of a gear. It is used in steering wheels, bicycle handlebars, and automobile steering columns. The growth factor at 30 to 45 degrees represents the ratio between vehicle steering gears and wheel sizes.
The larger the number, smaller are the size of wheels & steerings required for a particular vehicle; whereas smaller numbers mean larger wheel sizes & greater steerings capabilities for vehicles.
45° to 55°:
The 45 to 55 degree range is commonly used in rotary vanes steering gear. The vanes are blades that sit inside the rotor and act as a lever to change the vane position from its rest position at zero degrees to any other angle by using the torque provided by the gear.
45-55 degree range is commonly used because it provides an optimum compromise between efficiency, power requirement, and design flexibility.
Application Insights:
The work boat application segment led the global rotaryvane steering gear market in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to an increase in demand for offshore oil exploration and production, which requires efficient marine engines with low maintenance cost. Moreover, increasing government spending on maritime infrastructure projects across various countries will boost product demand over the next eight years.
Fishing boats are also expected to be one of the fastest-growing segments due to rising disposable income among consumers and rapid urbanization along with it comes increased consumption of recreational activities such as angling.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue in 2017. The region is expected to continue its dominance over the forecast period owing to increasing foreign investments and favorable government regulations for marine transportation. For instance, China’s 13th Five-Year Plan (2016 – 2020) has envisaged developing ports with a focus on improving maritime trade activities within the country as well as across other countries. This will create ample growth opportunities for rotary vanes steering gear manufacturers over the next eight years.
Europe was valued at USD X million in 2017 and is anticipated to witness significant growth during the forecast period due to growing demand from recreational boats, workboats, yachts and fishing vessels operating across European countries such as France, Italy and U.K., among others.
Growth Factors:
- Increasing demand for fuel-efficient vehicles
- Growing automotive industry
- Rising demand for luxury cars
- Technological advancements in steering gear systems
- Stringent government regulations on vehicular emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
RotaryVane Steering Gear Market Research Report
By Type
30° to 45°, 45° to 55°, 55° to 65°, Others
By Application
Work Boat, Fishing boat, Yacht, Others
By Companies
SKF, Rolls-Royce Commercial Marine(Kongsberg), AMI Maritime Pte Ltd, Damen Marine Components, Japan Hamworthy, CSSC Nanjing Luzhou Machine Co., Ltd., AutoNav, Wuxi Delin Marine Equipment Co.,Ltd., NGC Marine
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global RotaryVane Steering Gear Market Report Segments:
The global RotaryVane Steering Gear market is segmented on the basis of:
Types
30° to 45°, 45° to 55°, 55° to 65°, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Work Boat, Fishing boat, Yacht, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SKF
- Rolls-Royce Commercial Marine(Kongsberg)
- AMI Maritime Pte Ltd
- Damen Marine Components
- Japan Hamworthy
- CSSC Nanjing Luzhou Machine Co., Ltd.
- AutoNav
- Wuxi Delin Marine Equipment Co.,Ltd.
- NGC Marine
Highlights of The RotaryVane Steering Gear Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 30° to 45°
- 45° to 55°
- 55° to 65°
- Others
- By Application:
- Work Boat
- Fishing boat
- Yacht
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the RotaryVane Steering Gear Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
RotaryVane Steering Gear is a type of steering gear that uses a series of vanes to direct the flow of air around the vehicle. This gear is often found on larger vehicles, such as trucks and buses, because it provides more stability and accuracy than traditional steering systems. RotaryVane Steering Gear can also be used in smaller vehicles, such as cars and motorcycles, if they have enough power to move the vehicle.
Some of the major companies in the rotaryvane steering gear market are SKF, Rolls-Royce Commercial Marine(Kongsberg), AMI Maritime Pte Ltd, Damen Marine Components, Japan Hamworthy, CSSC Nanjing Luzhou Machine Co., Ltd., AutoNav, Wuxi Delin Marine Equipment Co.,Ltd., NGC Marine.
The rotaryvane steering gear market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 RotaryVane Steering Gear Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 RotaryVane Steering Gear Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 RotaryVane Steering Gear Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the RotaryVane Steering Gear Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global RotaryVane Steering Gear Market Size & Forecast, 2020-2028
4.5.1 RotaryVane Steering Gear Market Size and Y-o-Y Growth
4.5.2 RotaryVane Steering Gear Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 30° to 45°
5.2.2 45° to 55°
5.2.3 55° to 65°
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Work Boat
6.2.2 Fishing boat
6.2.3 Yacht
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global RotaryVane Steering Gear Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 RotaryVane Steering Gear Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 30° to 45°
9.6.2 45° to 55°
9.6.3 55° to 65°
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Work Boat
9.10.2 Fishing boat
9.10.3 Yacht
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 30° to 45°
10.6.2 45° to 55°
10.6.3 55° to 65°
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Work Boat
10.10.2 Fishing boat
10.10.3 Yacht
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 30° to 45°
11.6.2 45° to 55°
11.6.3 55° to 65°
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Work Boat
11.10.2 Fishing boat
11.10.3 Yacht
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 30° to 45°
12.6.2 45° to 55°
12.6.3 55° to 65°
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Work Boat
12.10.2 Fishing boat
12.10.3 Yacht
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 30° to 45°
13.6.2 45° to 55°
13.6.3 55° to 65°
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Work Boat
13.10.2 Fishing boat
13.10.3 Yacht
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 RotaryVane Steering Gear Market: Competitive Dashboard
14.2 Global RotaryVane Steering Gear Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SKF
14.3.2 Rolls-Royce Commercial Marine(Kongsberg)
14.3.3 AMI Maritime Pte Ltd
14.3.4 Damen Marine Components
14.3.5 Japan Hamworthy
14.3.6 CSSC Nanjing Luzhou Machine Co., Ltd.
14.3.7 AutoNav
14.3.8 Wuxi Delin Marine Equipment Co.,Ltd.
14.3.9 NGC Marine
