A vessel transmission couples all the torque a large diesel or gas engine can provide to the shaft that rotates the propeller. A vessel transmission can withstand tens of thousands of shifts from neutral to in-gear, as well as reverse rotation, over its lifespan, so it must be built with clockwork precision. To combine with the latest electro-hydraulic computer drive technology, premium marine gears are listed as one of the most complex gears a boatman will own. Naturally, vessel transmissions have to function properly in a hot-salt corrosive steam bath in the engine room.
This report contains market size and forecasts of Vessel Transmissions in global, including the following market information:
Global Vessel Transmissions Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Vessel Transmissions Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Vessel Transmissions companies in 2021 (%)
The global Vessel Transmissions 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.
Medium Sized Transmission Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Vessel Transmissions include ZF, Rolls-Royce, Twin Disc, Velvet Drive, Allison, Wartsila, Atlantis Marine, Borg Warner and Transocean, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Vessel Transmissions 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 Vessel Transmissions Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Vessel Transmissions Market Segment Percentages, by Type, 2021 (%)
Medium Sized Transmission
Heavy Duty Transmission
Others
Global Vessel Transmissions Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Vessel Transmissions Market Segment Percentages, by Application, 2021 (%)
Yacht
Cruise Ship
Ferry
Others
Global Vessel Transmissions Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Vessel Transmissions 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 Vessel Transmissions revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Vessel Transmissions revenues share in global market, 2021 (%)
Key companies Vessel Transmissions sales in global market, 2017-2022 (Estimated), (Units)
Key companies Vessel Transmissions sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ZF
Rolls-Royce
Twin Disc
Velvet Drive
Allison
Wartsila
Atlantis Marine
Borg Warner
Transocean
Volvo Penta
Pleasurecraft Marine
Great Lakes Power
Rexnord Industries
Yanmar
Capital