Global Marine Gearbox Market Size By Product, By Application, By Geographic Scope And Forecast
Marine Gearbox Market Size And Forecast
Marine Gearbox Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2020 to 2027.
Global Marine Gearbox Market Overview
Growing demand for luxury vessels such as cruise and yachts as a result of rising disposable income has led to increasing shipbuilding activities across the globe which in turn is contributing to the growth of marine gearbox market. Not only luxury vessels but the demand for commercial vessels such as bulk carriers and gas carriers are also boosting the growth of the market. Furthermore, various technological advancements and manufacturing process in marine gearbox market have addresses issues such as manoeuvrability, economy and efficiency. Moreover, the growth in international maritime freight transport is boosting the growth of marine gearbox market.
Global Marine Gearbox Market: Segmentation Analysis
Global Marine Gearbox Market is segmented based on Product, Application, And Geography.
Key Players in Marine Gearbox Market
Major players in the market such as
- Ishibashi Manufacturing
- Kumera Corporation
- PRM Newage Ltd
- REINTJES GmbH
- Regal Beloit (Velvet Drive Transmissions)
- RENK-MAAG GmbH
- Twin Disc
- Excel Gear Inc
- Masson Marine
- ATA Gears
- America Gear & Engineering
- ZZN Transmission Plant
- Hi-Sea Marine
- Hangzhou Advance Gearbox Group
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