Marine Steering Gear System Market

Marine Steering Gea system refers to equipment designed to help in effectively maneuvering the boat traveling on the surface of water bodies. The system acts as an actuating mechanism and link between the rudder and the steering wheel controlled by the helmsmen located on the deck of the boat. The Marine Steering Gea system is comprised of the helm, steering cable, wheel, and cable connections, which all connect wheel to the engine. The helm is the most critical part, which converts the wheel?s rotary motion push-pull motion on the cable. This ultimately moves propeller right, left or amidships. Majorly helms are rotary types that are used with gears to turn the rudder. Moreover, there are different types of steering such as hydraulic steering, manual steering, electro-hydraulic steering, and electric steering.
Marine Steering Gear System Market contains market size and forecasts of Marine Steering Gear System in global, including the following market information:
Global Marine Steering Gear System Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Marine Steering Gear System Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Marine Steering Gear System companies in 2021 (%)
The global Marine Steering Gear System market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Manual Steering Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Marine Steering Gear System include HyDrive Engineering Pty Ltd., Lewmar Limited, Vetus B.V., SeaStar Solutions, Lecomble & Schmitt, Excel Controlinkage Pvt. Ltd., Kobelt Manufacturing Co. Ltd., Techno Italia Kft. and Twin Disc, Incorporated, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Marine Steering Gear System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Marine Steering Gear System Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Marine Steering Gear System Market Segment Percentages, by Type, 2021 (%)
Manual Steering
Hydraulic Steering
Electric Power Steering
Global Marine Steering Gear System Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Marine Steering Gear System Market Segment Percentages, by Application, 2021 (%)
Passenger Vessels
Commercial Vessels
Military Vessels
Global Marine Steering Gear System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Marine Steering Gear System Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Marine Steering Gear System revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Marine Steering Gear System revenues share in global market, 2021 (%)
Key companies Marine Steering Gear System sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Marine Steering Gear System sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
HyDrive Engineering Pty Ltd.
Lewmar Limited
Vetus B.V.
SeaStar Solutions
Lecomble & Schmitt
Excel Controlinkage Pvt. Ltd.
Kobelt Manufacturing Co. Ltd.
Techno Italia Kft.
Twin Disc, Incorporated
ZF Friedrichshafen AG
Northrop Grumman Sperry Marine B.V.
Uflex
Overton
S.A.P Supplies
Go2marine
Mercury Marine
West Marine
Bosch Rexroth
Wills Ridley Ltd
Data Hidrolik
Jastram Engineering Ltd
Brusselle Carral Marine
REMONTOWA HYDRAULIC SYSTEMS
Rolls-Royce plc
KATSA OY
Nufoss Services Pte Ltd.
Palmarine