Market Overview:
The global ship deck machine market is expected to grow at a CAGR of 5.5% during the forecast period 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, factors such as rising maritime trade and increasing investments in new vessels are also contributing to the growth of this market. Based on type, winches accounted for a major share of the global ship deck machine market in 2017. This segment is expected to grow at a CAGR of 5% during the forecast period from 2018 to 2030. Windlasses are another key type of ship deck machines and are expected to grow at a CAGR of 6% during the same period.
Product Definition:
A deck machine is a large piece of machinery used to move heavy objects around on a ship deck. It is important for the safe operation of a ship to have equipment that can move cargo safely and efficiently.
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 primary function of a winch is to provide resistance against the load in order to maintain stability while lowering or raising the loaded part.
The ship deck machine industry has been growing at an exponential rate over the past few years owing to rising demand for lifting equipment on account of increasing size.
Windlass:
The windlass is a mechanical device used to hoist and lower heavy objects like anchors from the ground. The ship deck machine has various functions which include winch, capstans, chain drives and cable payouts. It also helps in maintaining the balance of ships by ensuring that all mooring lines are paid out at once.
Application Insights:
The commercial ship application segment led the global ship deck machine market in 2017 and is projected to maintain its dominance over the forecast period. The growth of this segment can be attributed to increasing demand for deep-water capable ships from various industries such as oil and gas, maritime transport, etc. Furthermore, governments are also launching new projects for developing large container ships with a capacity of 20 thousand TEU which will augment the demand further.
The leisure ship application segment is expected to register significant growth over the forecast period owing to rising disposable income among consumers globally. Moreover, an increase in spending on luxury cruise vacations has increased significantly since past few years which will drive product demand further. Increasing popularity of cruising as a leisure activity among individuals aged 30¢â‚¬â€œ40 years across developed economies including U.S., U.K.
Regional Analysis:
Asia Pacific dominated the global ship deck machine market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing foreign investments and favorable government policies in developing economies of Asia Pacific, such as China and India. Moreover, rising disposable income levels are anticipated to fuel demand for recreational boats, which will further propel regional growth over the next eight years.
Europe is projected to witness significant growth during the forecast period owing to growing offshore oil & gas industry coupled with stringent regulations regarding safety on board vessels operating in waters beyond 3 nautical miles from coastlines of EU member states (excluding Great Britain). In addition, increasing cruise tourism along with growing interest towards marine sports activities is likely boost product demand across Europe during the same period.
The Latin American market for ship deck machines was valued at USD X million in 2017 and this trend is expected to continue till 2030 due toward economic development initiatives undertaken by various governments across Brazil.
Growth Factors:
- Increasing demand for maritime transportation: The global seaborne trade has been growing at a CAGR of around 4% in the past few years and is expected to grow further in the coming years, driven by factors such as globalization, rising middle-class population, and increasing trade among developing countries. This is expected to result in an increase in demand for maritime transportation services, which will drive growth of the Ship Deck Machine market.
- Development of new shipping routes: Shipping companies are increasingly exploring new shipping routes to reduce transit time and costs. For instance, Maersk Line has announced plans to launch a new service connecting India with Europe via the Suez Canal. This will create opportunities for Ship Deck Machine manufacturers as they can expect an increase in demand from shipping companies operating on these routes.
- Introduction of advanced technologies: Shipping companies are investing heavily in advanced technologies such as digitalization and automation to improve their efficiency and competitiveness. This is resulting in increased adoption of automated systems such as ship deck machines that help reduce human error and improve safety standards onboard ships.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ship Deck Machine 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
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Ship Deck Machine Market Report Segments:
The global Ship Deck Machine 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 Machine 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 Machine 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 Machine is a machine that helps in the loading and unloading of cargo from ships. It is also used for the transportation of goods on land.
Some of the major companies in the ship deck machine 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 machine 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 Machine 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 Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ship Deck Machine 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 Machine 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 Machine Market Size & Forecast, 2018-2028
4.5.1 Ship Deck Machine Market Size and Y-o-Y Growth
4.5.2 Ship Deck Machine Market Absolute $ Opportunity
Chapter 5 Global Ship Deck Machine 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 Machine 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 Machine 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 Machine 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 Machine 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 Machine 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 Machine Analysis and Forecast
9.1 Introduction
9.2 North America Ship Deck Machine 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 Machine 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 Machine 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 Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Ship Deck Machine 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 Machine 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 Machine 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 Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ship Deck Machine 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 Machine 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 Machine 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 Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Ship Deck Machine 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 Machine 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 Machine 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 Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ship Deck Machine 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 Machine 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 Machine 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 Machine Market: Competitive Dashboard
14.2 Global Ship Deck Machine 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
