Global Marine Steering Gear System Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Marine Steering Gear System market size was valued at US$ 478 million in 2024 and is forecast to a readjusted size of USD 607 million by 2031 with a CAGR of 3.5% during review period.

Marine Steering Gea system refers to equipment designed to help in effectively maneuvering the boat traveling on the surface of water bodies. The system acts as an actuating mechanism and link between the rudder and the steering wheel controlled by the helmsmen located on the deck of the boat. The Marine Steering Gea system is comprised of the helm, steering cable, wheel, and cable connections, which all connect wheel to the engine. The helm is the most critical part, which converts the wheel’s rotary motion push-pull motion on the cable. This ultimately moves propeller right, left or amidships. Majorly helms are rotary types that are used with gears to turn the rudder. Moreover, there are different types of steering such as hydraulic steering, manual steering, electro-hydraulic steering, and electric steering.

The global marine steering gear system market refers to the market for systems that are used to control the direction of ships and other marine vessels. Steering gear systems play a crucial role in ensuring the maneuverability and safety of marine vessels, allowing for efficient navigation and control. The market for marine steering gear systems is driven by factors such as the growth of the shipping industry, increasing demand for commercial and leisure vessels, and strict regulations pertaining to vessel safety and control. Marine steering gear systems are essential components of ships and boats, enabling the operators to change the vessels course and navigate through water bodies. These systems consist of various mechanical and hydraulic components, such as rudders, steering pumps, cylinders, control valves, and other associated equipment. The market for marine steering gear systems can be segmented based on vessel type, including commercial vessels (such as cargo ships, tankers, and bulk carriers), leisure vessels (such as yachts and recreational boats), and naval and military vessels (such as warships and submarines). Geographically, the global marine steering gear system market covers regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Market growth is influenced by factors such as global trade activities, offshore exploration and production, tourism, and defense spending. Technological advancements and innovations in the design and functionality of marine steering gear systems are important trends in the market. Manufacturers invest in research and development to enhance system efficiency, reliability, and safety. Additionally, efforts are being made to develop autonomous steering systems and integrate advanced technologies, such as electronic navigation and control systems. The market for marine steering gear systems faces challenges such as the high cost of equipment, the need for regular maintenance and inspection, and the requirement for compliance with international standards and regulations related to maritime safety. In summary, the global marine steering gear system market serves the needs of the shipping, leisure, and defense industries by providing essential systems for vessel control and maneuverability. The market is driven by factors such as industry growth, vessel demand, and safety regulations. Key players in the market focus on product development, customization, and compliance with international standards. As maritime activities continue to evolve, the marine steering gear system market is expected to witness further advancements and opportunities.

This report is a detailed and comprehensive analysis for global Marine Steering Gear System market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Marine Steering Gear System market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Marine Steering Gear System market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Marine Steering Gear System market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Marine Steering Gear System market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Marine Steering Gear System

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Marine Steering Gear System market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include HyDrive Engineering Pty Ltd., Lewmar Limited, Vetus B.V., SeaStar Solutions, Lecomble & Schmitt, Excel Controlinkage Pvt. Ltd., Kobelt Manufacturing Co. Ltd., Techno Italia Kft., Twin Disc, Incorporated, ZF Friedrichshafen AG, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Marine Steering Gear System market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Manual Steering
Hydraulic Steering
Electric Power Steering

Market segment by Application
Passenger Vessels
Commercial Vessels
Military Vessels

Major players covered
HyDrive Engineering Pty Ltd.
Lewmar Limited
Vetus B.V.
SeaStar Solutions
Lecomble & Schmitt
Excel Controlinkage Pvt. Ltd.
Kobelt Manufacturing Co. Ltd.
Techno Italia Kft.
Twin Disc, Incorporated
ZF Friedrichshafen AG
Northrop Grumman Sperry Marine B.V.
Uflex
Overton
Palmarine
D-I INDUSTRIAL CO.,LTD
Jastram Engineering
Mac-N-Hom Marine Equip
Go2marine
Mercury Marine
West Marine
Bosch Rexroth
Wills Ridley Ltd
Jastram Engineering Ltd
Brusselle Carral Marine
REMONTOWA HYDRAULIC SYSTEMS
Rolls-Royce plc
KATSA OY

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

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

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Marine Steering Gear System product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Marine Steering Gear System, with price, sales quantity, revenue, and global market share of Marine Steering Gear System from 2020 to 2025.

Chapter 3, the Marine Steering Gear System competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Marine Steering Gear System breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Marine Steering Gear System market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Marine Steering Gear System.

Chapter 14 and 15, to describe Marine Steering Gear System sales channel, distributors, customers, research findings and conclusion.