Global Marine Steering System Market 2018 – SeaStar Solutions, Uflex, Mercury Marine, ZF, Vetus, Sperry Marine, Twin Disc

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.

Scope of the Report:

This report focuses on the Marine Steering System in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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.

The hydraulic type is expected to account for 52.33% volume share in 2017, followed by electric power steering and mechanical steering. And nearly 437 k unit products based on outboard propulsion system were sold in 2017 across the global, accounting for nearly 80% market share.

Among all regions, North America is projected to account for a relatively large market share in terms of both value and volume, while South America account for a relatively low market share in terms of value. North America leads the market with nearly half the global market share, and the region is estimated to retain its share in the coming years.

The worldwide market for Marine Steering System is expected to grow at a CAGR of roughly 7.1% over the next five years, will reach 500 million US$ in 2023, from 330 million US$ in 2017, according to Research study.

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Market Segment by Companies, this report covers

SeaStar Solutions

Uflex

Mercury Marine

ZF

Vetus

Sperry Marine

Twin Disc

Lewmar

HyDrive Engineering

Lecomble?Schmitt

Pretech

Mavi Mare

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Market Segment by Regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia etc.)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers

Electronic Power Steering

Hydraulic Steering

Mechanical Steering

Market Segment by Applications, can be divided into

Outboard Steering

Inboard Steering

There are 15 Chapters to deeply display the global Marine Steering System market.

Chapter 1, to describe Marine Steering System Introduction, product scope, market overview, market opportunities, market risk, market driving force;

Chapter 2, to analyze the top manufacturers of Marine Steering System, with sales, revenue, and price of Marine Steering System, in 2016 and 2017;

Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;

Chapter 4, to show the global market by regions, with sales, revenue and market share of Marine Steering System, for each region, from 2013 to 2018;

Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;

Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;

Chapter 12, Marine Steering System market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;

Chapter 13, 14 and 15, to describe Marine Steering System sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

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Aira McDonald

Aira McDonald is a seasoned journalist with nearly 15 years experience. While studying journalism at the University of Detroit,, Aira  found a passion for finding engaging stories. As a contributor to PR News Globe, Aira mostly covers human interest pieces.

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Aira McDonald

About the Author: Aira McDonald

Aira McDonald is a seasoned journalist with nearly 15 years experience. While studying journalism at the University of Detroit,, Aira  found a passion for finding engaging stories. As a contributor to PR News Globe, Aira mostly covers human interest pieces.