Latest research report on “Marine Steering System Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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This report studies the Marine Steering System market. A boats steering system determines the boats 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 boats 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.
This report contains market size and forecasts of Marine Steering System in global, including the following market information:
Global Marine Steering System Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Marine Steering System Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Marine Steering System companies in 2021 (%)
The global Marine Steering System market was valued at 448.6 million in 2021 and is projected to reach US$ 622.3 million by 2028, at a CAGR of 4.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Electronic Power Steering Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Marine Steering System include SeaStar Solutions, Uflex, Mercury Marine, ZF, Vetus, Sperry Marine, Twin Disc, Lewmar and HyDrive Engineering, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Marine Steering 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 System Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Marine Steering System Market Segment Percentages, by Type, 2021 (%)
– Electronic Power Steering
– Hydraulic Steering
– Mechanical Steering
Global Marine Steering System Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Marine Steering System Market Segment Percentages, by Application, 2021 (%)
– Outboard Steering
– Inboard Steering
Global Marine Steering System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Marine Steering System Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– – 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
The report also provides analysis of leading market participants including:
Key companies Marine Steering System revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Marine Steering System revenues share in global market, 2021 (%)
Key companies Marine Steering System sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Marine Steering System sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– SeaStar Solutions
– Mercury Marine
– Sperry Marine
– Twin Disc
– HyDrive Engineering
– Mavi Mare
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