Market Overview:
The global marine base 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 commercial and passenger vessels, rising maritime trade, and growing awareness about safety and security measures in the maritime sector. The global marine base steering gear market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into ram type and rotary vane type. Ram type accounted for a larger share of the global marine base steering gear market in 2017 owing to its high efficiency and low maintenance requirements. However, rotary vane type is expected to grow at a higher CAGR during the forecast period as it offers better performance than ram types under adverse conditions such as high temperatures or humidity levels.
Product Definition:
Marine Base Steering Gear is a piece of machinery that helps steer a ship or boat. It is important because it allows the vessel to be navigated and steered in the correct direction.
Ram Type:
The ram type is a hydraulic accumulator used in steering gear. It is an airtight chamber that contains pressurized air and hence acts as an extension to the hydraulic system of the vehicle. The amount of extension or retract can be adjusted by changing the volume of air in it using hand crank or electric motor connected to it.
It’s main function is to act as a cushion between steering wheel.
Rotary Vane Type:
Rotary vanes are used in marine base steering gear to alter the path of the flow of water through impellers. The alteration in the path can be done by changing the shape and size of rotary vane.
The most important function performed by rotary vane is to control and change speed of wind, which controls waves generated at sea surface. In addition, it also helps to maintain stability during sailing conditions with rough seas or windy weather.
Application Insights:
The electro-hydraulic application segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for efficient steering gear solutions in small ships, coastal defense vessels and patrol boats that are used in rough seas, lakes and rivers.
Hydraulic marine base steering gear is widely used on larger ships including aircraft carriers, destroyers, frigates & corvettes among other large warships as they require a more robust system due to their heavy weightage which results into increased stability when maneuvering through waves or windy conditions while also providing enhanced control over larger surfaces area compared to electric systems.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of bases, which are used for different purposes such as refueling, training, maintenance & repair of ships and submarines. Increasing defense budgets in emerging economies such as India and China are anticipated to drive the regional market growth over the forecast period.
The U.S., being one of the most developed nations across the globe has no lack of infrastructure or facilities required for military operations/bases overseas but still finds a need to invest huge amounts on maintaining its armed forces at high operational readiness levels thus requiring modernization programs that would lead towards increased spending on marine base steering gear products over time.
Latin America is also expected to witness significant growth owing to increasing defense budgets by various countries including Brazil, Argentina etc.
Growth Factors:
- Increasing demand for marine vessels for commercial and defense purposes
- Growing popularity of leisure boating and sailing activities
- Proliferation of advanced steering gear technologies and systems
- Rising concerns over maritime safety and security
- Stringent regulations governing the shipping industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Marine Base Steering Gear Market Research Report
By Type
Ram Type, Rotary Vane Type
By Application
Hydraulic, Electro-hydraulic
By Companies
Data Hidrolik, Brusselle Carral Marine, Jastram Engineering Ltd., Wills Ridley Ltd, REMONTOWA HYDRAULIC SYSTEMS, Rolls-Royce plc, KATSA OY, Nufoss Services Pte Ltd., Palmarine
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Marine Base Steering Gear Market Report Segments:
The global Marine Base Steering Gear market is segmented on the basis of:
Types
Ram Type, Rotary Vane Type
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
Hydraulic, Electro-hydraulic
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:
- Data Hidrolik
- Brusselle Carral Marine
- Jastram Engineering Ltd.
- Wills Ridley Ltd
- REMONTOWA HYDRAULIC SYSTEMS
- Rolls-Royce plc
- KATSA OY
- Nufoss Services Pte Ltd.
- Palmarine
Highlights of The Marine Base 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:
- Ram Type
- Rotary Vane Type
- By Application:
- Hydraulic
- Electro-hydraulic
- 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 Marine Base 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Marine Base Steering Gear is a type of steering gear used on boats and ships. It helps the vessel move in a specific direction by turning the propellers.
Some of the major companies in the marine base steering gear market are Data Hidrolik, Brusselle Carral Marine, Jastram Engineering Ltd., Wills Ridley Ltd, REMONTOWA HYDRAULIC SYSTEMS, Rolls-Royce plc, KATSA OY, Nufoss Services Pte Ltd., Palmarine.
The marine base steering gear market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Marine Base Steering Gear Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Marine Base Steering Gear Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Marine Base Steering Gear Market - Supply Chain
4.5. Global Marine Base Steering Gear Market Forecast
4.5.1. Marine Base Steering Gear Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Marine Base Steering Gear Market Size (000 Units) and Y-o-Y Growth
4.5.3. Marine Base Steering Gear Market Absolute $ Opportunity
5. Global Marine Base Steering Gear Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Marine Base Steering Gear Market Size and Volume Forecast by Type
5.3.1. Ram Type
5.3.2. Rotary Vane Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Marine Base Steering Gear Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Marine Base Steering Gear Market Size and Volume Forecast by Application
6.3.1. Hydraulic
6.3.2. Electro-hydraulic
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Marine Base Steering Gear Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Marine Base Steering Gear Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Marine Base Steering Gear Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Marine Base Steering Gear Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Marine Base Steering Gear Demand Share Forecast, 2019-2026
9. North America Marine Base Steering Gear Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Marine Base Steering Gear Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Marine Base Steering Gear Market Size and Volume Forecast by Application
9.4.1. Hydraulic
9.4.2. Electro-hydraulic
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Marine Base Steering Gear Market Size and Volume Forecast by Type
9.7.1. Ram Type
9.7.2. Rotary Vane Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Marine Base Steering Gear Demand Share Forecast, 2019-2026
10. Latin America Marine Base Steering Gear Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Marine Base Steering Gear Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Marine Base Steering Gear Market Size and Volume Forecast by Application
10.4.1. Hydraulic
10.4.2. Electro-hydraulic
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Marine Base Steering Gear Market Size and Volume Forecast by Type
10.7.1. Ram Type
10.7.2. Rotary Vane Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Marine Base Steering Gear Demand Share Forecast, 2019-2026
11. Europe Marine Base Steering Gear Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Marine Base Steering Gear Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Marine Base Steering Gear Market Size and Volume Forecast by Application
11.4.1. Hydraulic
11.4.2. Electro-hydraulic
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Marine Base Steering Gear Market Size and Volume Forecast by Type
11.7.1. Ram Type
11.7.2. Rotary Vane Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attrativeness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Marine Base Steering Gear Demand Share, 2019-2026
12. Asia Pacific Marine Base Steering Gear Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Marine Base Steering Gear Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Marine Base Steering Gear Market Size and Volume Forecast by Application
12.4.1. Hydraulic
12.4.2. Electro-hydraulic
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Marine Base Steering Gear Market Size and Volume Forecast by Type
12.7.1. Ram Type
12.7.2. Rotary Vane Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Marine Base Steering Gear Demand Share, 2019-2026
13. Middle East & Africa Marine Base Steering Gear Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Marine Base Steering Gear Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Marine Base Steering Gear Market Size and Volume Forecast by Application
13.4.1. Hydraulic
13.4.2. Electro-hydraulic
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Marine Base Steering Gear Market Size and Volume Forecast by Type
13.7.1. Ram Type
13.7.2. Rotary Vane Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Marine Base Steering Gear Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Marine Base Steering Gear Market: Market Share Analysis
14.2. Marine Base Steering Gear Distributors and Customers
14.3. Marine Base Steering Gear Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Data Hidrolik
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Brusselle Carral Marine
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Jastram Engineering Ltd.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Wills Ridley Ltd
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. REMONTOWA HYDRAULIC SYSTEMS
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Rolls-Royce plc
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. KATSA OY
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nufoss Services Pte Ltd.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Palmarine
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
