Market Overview:
The global marine deck machinery 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 leisure boats and commercial ships across the globe. Additionally, factors such as rising disposable income and technological advancements are also contributing to the growth of this market. The global marine deck machinery market is segmented on the basis of type, application, and region. On the basis of type, winches accounted for a major share in 2017 and are expected to continue its dominance during the forecast period as well. This can be attributed to their growing use in both commercial ships and leisure boats across different regions globally.
Product Definition:
Marine deck machinery is a collective term for all the machines and equipment that are used on a ship's deck. This includes items such as anchors, winches, capstans, and windlasses. Marine deck machinery is important because it helps to move cargo and passengers around the ship, as well as anchoring the vessel in place.
Winch:
Winch is a mechanical device used to hoist or lower heavy loads. It's basically an engine-driven mechanism for applying tension and releasing brakes. The winch can be operated in two ways, namely as a self-propelled unit or as an engine-powered unit with the help of auxiliary power source.
Windlass:
A windlass is a mechanical device used in shipbuilding for lifting heavy objects. It consists of an axle, which is turned by the wind to provide motive power for raising and lowering loads. The most common type of windlass is the sail-operated rotary or wheel-operated rotary (SOR).
The SOR uses sails or a winch to generate electricity, which drives a gear that in turn drives the anchor chain.
Application Insights:
The commercial ship application segment accounted for the largest revenue share of over 60% in 2017. Marine deck machinery is widely used on cruise ships, ferries, coastal defense ships and other vessels that are used for carrying out government or commercial tasks. The demand for these machines is expected to increase as a result of growing tourism industry across the world.
The leisure ship application segment was valued at USD 446.0 million in 2017 owing to increasing spending by individuals on vacations at sea and recreational activities such as diving, snorkeling and swimming near coral reefs around the world. Increasing disposable income has led to an increased number of yachts being purchased by consumers around the globe which has further driven marine deck machinery demand globally over recent years.
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 ship owners, which results in high demand for marine deck machinery. Furthermore, countries such as China and India are investing heavily in ports and shipping activities, thereby driving the growth of the regional market.
The European market is anticipated to grow at a significant rate over the forecast period owing to increasing adoption by cruise ships operating out of UK ports. In addition, growing offshore wind energy installation across European countries will augment product demand further.
Growth Factors:
- Increasing demand for marine deck machinery from the shipping and offshore industries due to the growth in global trade and exploration activities.
- Rising popularity of high-efficiency, low-emission marine deck machinery that helps operators reduce fuel costs and meet environmental regulations.
- Development of new applications for marine deck machinery, such as wind energy installations and port security systems.
- Growing investment in research and development by leading players to develop innovative products that can address specific needs of different end-user segments.
- Expansion of distribution networks by key players to cater to the growing demand for marine deck machinery across regions
Scope Of The Report
Report Attributes
Report Details
Report Title
Marine Deck Machinery 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, Towimor, AMGC, PALFINGER AG, TTS Group ASA, Kuan Marine Services, Markey Machinery, DMT MARINE EQUIPMENT, China State Shipbuilding Corporation, China Shipbuilding Industry Corporation
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Marine Deck Machinery Market Report Segments:
The global Marine Deck Machinery 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
- Towimor
- AMGC
- PALFINGER AG
- TTS Group ASA
- Kuan Marine Services
- Markey Machinery
- DMT MARINE EQUIPMENT
- China State Shipbuilding Corporation
- China Shipbuilding Industry Corporation
Highlights of The Marine Deck Machinery 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 Marine Deck Machinery 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.
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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?
Marine Deck Machinery is a type of marine machinery that is used to move and maneuver heavy objects on decks. It can be used for a variety of purposes, such as moving cargo, loading and unloading ships, or operating cranes.
Some of the key players operating in the marine deck machinery 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, Towimor, AMGC, PALFINGER AG, TTS Group ASA, Kuan Marine Services, Markey Machinery, DMT MARINE EQUIPMENT, China State Shipbuilding Corporation, China Shipbuilding Industry Corporation.
The marine deck machinery market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Marine Deck Machinery 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 Deck Machinery Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Marine Deck Machinery Market - Supply Chain
4.5. Global Marine Deck Machinery Market Forecast
4.5.1. Marine Deck Machinery Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Marine Deck Machinery Market Size (000 Units) and Y-o-Y Growth
4.5.3. Marine Deck Machinery Market Absolute $ Opportunity
5. Global Marine Deck Machinery 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 Deck Machinery Market Size and Volume Forecast by Type
5.3.1. Winch
5.3.2. Windlass
5.3.3. Capstan
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Marine Deck Machinery 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 Deck Machinery Market Size and Volume Forecast by Application
6.3.1. Commercial Ship
6.3.2. Leisure Ship
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Marine Deck Machinery 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 Deck Machinery 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 Deck Machinery 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 Deck Machinery 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 Deck Machinery Demand Share Forecast, 2019-2026
9. North America Marine Deck Machinery 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 Deck Machinery 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 Deck Machinery Market Size and Volume Forecast by Application
9.4.1. Commercial Ship
9.4.2. Leisure Ship
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Marine Deck Machinery Market Size and Volume Forecast by Type
9.7.1. Winch
9.7.2. Windlass
9.7.3. Capstan
9.7.4. Others
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 Deck Machinery Demand Share Forecast, 2019-2026
10. Latin America Marine Deck Machinery 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 Deck Machinery 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 Deck Machinery Market Size and Volume Forecast by Application
10.4.1. Commercial Ship
10.4.2. Leisure Ship
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Marine Deck Machinery Market Size and Volume Forecast by Type
10.7.1. Winch
10.7.2. Windlass
10.7.3. Capstan
10.7.4. Others
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 Deck Machinery Demand Share Forecast, 2019-2026
11. Europe Marine Deck Machinery 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 Deck Machinery 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 Deck Machinery Market Size and Volume Forecast by Application
11.4.1. Commercial Ship
11.4.2. Leisure Ship
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Marine Deck Machinery Market Size and Volume Forecast by Type
11.7.1. Winch
11.7.2. Windlass
11.7.3. Capstan
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/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 Deck Machinery Demand Share, 2019-2026
12. Asia Pacific Marine Deck Machinery 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 Deck Machinery 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 Deck Machinery Market Size and Volume Forecast by Application
12.4.1. Commercial Ship
12.4.2. Leisure Ship
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Marine Deck Machinery Market Size and Volume Forecast by Type
12.7.1. Winch
12.7.2. Windlass
12.7.3. Capstan
12.7.4. Others
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 Deck Machinery Demand Share, 2019-2026
13. Middle East & Africa Marine Deck Machinery 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 Deck Machinery 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 Deck Machinery Market Size and Volume Forecast by Application
13.4.1. Commercial Ship
13.4.2. Leisure Ship
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Marine Deck Machinery Market Size and Volume Forecast by Type
13.7.1. Winch
13.7.2. Windlass
13.7.3. Capstan
13.7.4. Others
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 Deck Machinery Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Marine Deck Machinery Market: Market Share Analysis
14.2. Marine Deck Machinery Distributors and Customers
14.3. Marine Deck Machinery Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mitsubishi Heavy Industries
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Rolls-Royce
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Wartsila
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kawasaki Heavy Industries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Coastal Marine Equipment
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Funz San Industry
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. MacGregor
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Marine Equipments Pellegrini
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. PaR Systems
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Rapp Marine
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Towimor
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. AMGC
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. PALFINGER AG
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. TTS Group ASA
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Kuan Marine Services
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Markey Machinery
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. DMT MARINE EQUIPMENT
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. China State Shipbuilding Corporation
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. China Shipbuilding Industry Corporation
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
