Market Overview:
The global ship deck equipment market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for commercial and leisure ships across the globe. Additionally, the increasing adoption of advanced technologies in ship deck equipment is also contributing to the growth of this market. Based on type, winches are expected to lead the global ship deck equipment market during the forecast period. This can be attributed to their growing demand in commercial and leisure ships for various applications such as mooring, anchoring, and loading/unloading operations.
Product Definition:
Ship Deck Equipment is a general term for the items and systems that make up the deck of a ship. This includes items such as masts, rigging, hatches, and ladders. The importance of Ship Deck Equipment varies depending on the ship. For example, masts and rigging are necessary for sailing ships while hatches and ladders are necessary for cargo ships.
Winch:
Winch is a mechanical device used to hoist and lower heavy loads. There are two types of winches, wind driven and water powered. The global market for ship deck equipment is expected to witness significant growth over the forecast period owing to growing demand in offshore oil & gas industry coupled with increasing requirement for lifting aids in container handling operations.
Windlass:
The windlass is a mechanical device used to hoist and lower heavy objects like anchors. It is mostly used in ships, but it can also be found onshore. The windlass mechanism has been around for centuries and its basic design has not changed much over the years. However, there have been several improvements made to the original design that have added up to its overall efficiency.
Windlasses are classified into two types: vertical and horizontal type (orlop).
Application Insights:
The commercial ship application segment led the global market and accounted for more than 70.0% share of the total revenue in 2017. The growth is attributed to an increase in demand from oil & gas, chemical, LNG, and other shipping sectors across the globe. The leisure ship application segment is expected to witness significant growth over the forecast period owing to a rise in disposable income among people around the world as well as increasing tourism activities globally.
The Asia Pacific region is projected to exhibit a high growth rate over the forecast period due largely to rapid industrialization along with increasing maritime trade between China, Japan, South Korea and Australia among others which are majorly concentrated on this region.
Regional Analysis:
Asia Pacific dominated the global ship deck equipment market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing foreign investments in China, India, Singapore, Thailand and Indonesia. Moreover, rising disposable income coupled with a growing population has resulted in an increased demand for passenger ships which will further boost industry expansion.
Europe is anticipated to witness significant growth over the next eight years owing to increasing offshore wind farms construction projects along with other supportive government initiatives such as feed-in Tariffs (FITs). North America also holds considerable potential for industry expansion due to favorable government policies promoting marine transportation including port development and modernization of maritime infrastructure.
Growth Factors:
- Increasing demand for maritime transportation: The global seaborne trade has been increasing at a CAGR of around 4% in the past few years. This is primarily due to the growth in international trade and rise in containerized cargo traffic. As a result, there is an increase in demand for new and advanced ship deck equipment, which will drive the market growth during the forecast period.
- Technological advancements: Ship deck equipment manufacturers are constantly investing in R&D to develop new and innovative products that can improve safety and efficiency at sea. For instance, manufacturers are now offering products that can help reduce fuel consumption and greenhouse gas emissions from ships. This will spur market growth as ship operators increasingly adopt these technologies to stay competitive.
- Stringent regulations by regulatory bodies: Governments across the world are implementing stringent regulations governing maritime safety standards, emissions control norms, etc., These regulations are driving investments towards advanced ship deck equipment that meet or exceed these regulatory requirements thereby propelling market growth during the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Ship Deck Equipment Market Research Report
By Type
Winch, Windlass, Capstan, Others
By Application
Commercial Ship, Leisure Ship
By Companies
Mitsubishi Heavy Industries, Rolls-Royce, Wartsila, Kawasaki Heavy Industries, Coastal Marine Equipment, Funz San Industry, MacGregor, Marine Equipments Pellegrini, PaR Systems, Rapp Marine, Mitsubishi Heavy Industries, AMGC, PALFINGER, TTS, Kuan Marine Services, Markey Machinery, DMT MARINE EQUIPMENT, CSSC
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
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Ship Deck Equipment Market Report Segments:
The global Ship Deck Equipment market is segmented on the basis of:
Types
Winch, Windlass, Capstan, 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
Commercial Ship, Leisure Ship
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:
- Mitsubishi Heavy Industries
- Rolls-Royce
- Wartsila
- Kawasaki Heavy Industries
- Coastal Marine Equipment
- Funz San Industry
- MacGregor
- Marine Equipments Pellegrini
- PaR Systems
- Rapp Marine
- Mitsubishi Heavy Industries
- AMGC
- PALFINGER
- TTS
- Kuan Marine Services
- Markey Machinery
- DMT MARINE EQUIPMENT
- CSSC
Highlights of The Ship Deck Equipment 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:
- Winch
- Windlass
- Capstan
- Others
- By Application:
- Commercial Ship
- Leisure Ship
- 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 Ship Deck Equipment 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?
Ship deck equipment is the equipment and systems used on a ship to support its crew. This includes everything from the bridge to the engine room.
Some of the major players in the ship deck equipment market are Mitsubishi Heavy Industries, Rolls-Royce, Wartsila, Kawasaki Heavy Industries, Coastal Marine Equipment, Funz San Industry, MacGregor, Marine Equipments Pellegrini, PaR Systems, Rapp Marine, Mitsubishi Heavy Industries, AMGC, PALFINGER, TTS, Kuan Marine Services, Markey Machinery, DMT MARINE EQUIPMENT, CSSC.
The ship deck equipment 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 Ship Deck Equipment 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 Ship Deck Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ship Deck Equipment 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 Ship Deck Equipment 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 Ship Deck Equipment Market Size & Forecast, 2018-2028
4.5.1 Ship Deck Equipment Market Size and Y-o-Y Growth
4.5.2 Ship Deck Equipment Market Absolute $ Opportunity
Chapter 5 Global Ship Deck Equipment 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 Ship Deck Equipment Market Size Forecast by Type
5.2.1 Winch
5.2.2 Windlass
5.2.3 Capstan
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ship Deck Equipment 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 Ship Deck Equipment Market Size Forecast by Applications
6.2.1 Commercial Ship
6.2.2 Leisure Ship
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ship Deck Equipment 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 Ship Deck Equipment 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 Ship Deck Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Ship Deck Equipment 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 Ship Deck Equipment Market Size Forecast by Type
9.6.1 Winch
9.6.2 Windlass
9.6.3 Capstan
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 Ship Deck Equipment Market Size Forecast by Applications
9.10.1 Commercial Ship
9.10.2 Leisure Ship
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 Ship Deck Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Ship Deck Equipment 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 Ship Deck Equipment Market Size Forecast by Type
10.6.1 Winch
10.6.2 Windlass
10.6.3 Capstan
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 Ship Deck Equipment Market Size Forecast by Applications
10.10.1 Commercial Ship
10.10.2 Leisure Ship
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 Ship Deck Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ship Deck Equipment 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 Ship Deck Equipment Market Size Forecast by Type
11.6.1 Winch
11.6.2 Windlass
11.6.3 Capstan
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 Ship Deck Equipment Market Size Forecast by Applications
11.10.1 Commercial Ship
11.10.2 Leisure Ship
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 Ship Deck Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Ship Deck Equipment 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 Ship Deck Equipment Market Size Forecast by Type
12.6.1 Winch
12.6.2 Windlass
12.6.3 Capstan
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 Ship Deck Equipment Market Size Forecast by Applications
12.10.1 Commercial Ship
12.10.2 Leisure Ship
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) Ship Deck Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ship Deck Equipment 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) Ship Deck Equipment Market Size Forecast by Type
13.6.1 Winch
13.6.2 Windlass
13.6.3 Capstan
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) Ship Deck Equipment Market Size Forecast by Applications
13.10.1 Commercial Ship
13.10.2 Leisure Ship
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 Ship Deck Equipment Market: Competitive Dashboard
14.2 Global Ship Deck Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mitsubishi Heavy Industries
14.3.2 Rolls-Royce
14.3.3 Wartsila
14.3.4 Kawasaki Heavy Industries
14.3.5 Coastal Marine Equipment
14.3.6 Funz San Industry
14.3.7 MacGregor
14.3.8 Marine Equipments Pellegrini
14.3.9 PaR Systems
14.3.10 Rapp Marine
14.3.11 Mitsubishi Heavy Industries
14.3.12 AMGC
14.3.13 PALFINGER
14.3.14 TTS
14.3.15 Kuan Marine Services
14.3.16 Markey Machinery
14.3.17 DMT MARINE EQUIPMENT
14.3.18 CSSC
