Abstract, Snapshot, Market Analysis & Market Definition: Marine Steering System Market
This report studies the Marine Steering System market. A boat's steering system determines the boat's course when the steering wheel is turned and, like most other systems on a boat, needs regular inspection, maintenance and cleaning during the boating season. A boat's steering wheel is part of the helm that connects to a mechanical, electric, or hydraulic system to assist in turning the boat. Boats with outboard motors steer with a wheel which rotates the entire drive unit; inboards sometimes use a pod with an attached propeller; personal watercraft use jet drives with an impeller to force water into a nozzle that the operator can turn to the desired course. Some modern ships replace the wheel with a toggle that remotely controls an electric or hydraulic rudder drive, with an indicator that shows the rudder angle in real time to the helmsman. The global average price of Marine Steering System is in the decreasing trend, from 653.8 USD/unit in 2013 to 612.3 USD/unit in 2017. With the situation of global economy, prices will be in decreasing trend in the following five years.
In 2019, the market size of Marine Steering System is 346.8 million US$ and it will reach 489 million US$ in 2025, growing at a CAGR of 5. 0% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Marine Steering System. This report studies the global market size of Marine Steering System, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Marine Steering System production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
Market Segmentation, Outlook & Regional Insights: Marine Steering System Market
Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Electronic Power Steering
Hydraulic Steering
Mechanical Steering
Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Outboard Steering
Inboard Steering
Key Players, Recent Developments & Sector Viewpoints: Marine Steering System Market
SeaStar Solutions
Uflex
Mercury Marine
ZF
Vetus
Sperry Marine
Twin Disc
Lewmar
HyDrive Engineering
Lecomble&Schmitt
Pretech
Mavi Mare
Key Insights Covered: Exhaustive Marine Steering System Market
1. Market size (sales, revenue and growth rate) of Marine Steering System industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Marine Steering System industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Marine Steering System industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Marine Steering System industry.
Research Methodology: Marine Steering System Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.