Global Flap Rudder Market Growth 2023-2029

Global Flap Rudder Market Growth 2023-2029

Flap rudder, a high-lift rudder developed by German flap rudder specialist Willi Becker. It consists of a blade with a trailing edge flap activated by a mechanical or hydraulical system, thus producing a variable flap angle as a function of the rudder angle. Flap rudders give a much higher lift per rudder angle and a 60% to 70% higher maximum lift compared to the conventional rudder of same shape, size and area. In addition, the high balanced area improves manoeuvring characteristic at the low speeds by blocking the forward thrust of the propeller. High-lift flap rudders are specified for vessels which require better manoeuvrability than a conventional rudder, can provide.

LPI (LP Information)' newest research report, the “Flap Rudder Industry Forecast” looks at past sales and reviews total world Flap Rudder sales in 2022, providing a comprehensive analysis by region and market sector of projected Flap Rudder sales for 2023 through 2029. With Flap Rudder sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Flap Rudder industry.

This Insight Report provides a comprehensive analysis of the global Flap Rudder landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Flap Rudder portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Flap Rudder market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Flap Rudder and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Flap Rudder.

The global Flap Rudder market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Flap Rudder is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Flap Rudder is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Flap Rudder is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Flap Rudder players cover Becker Marine Systems, Rolls-Royce, KONGSBERG MARITIME, Kamome Propeller, Damen Marine Components (DMC), YMV Crane and Winch Systems, BENES MARINE TECHNOLOGY, Nakashima Propeller and Wuxi Delin Marine Equipment, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Flap Rudder market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Medium Speeds
Medium Speeds
High Speeds

Segmentation by application
Large Vessels
Small & Medium Vessels

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Becker Marine Systems
Rolls-Royce
KONGSBERG MARITIME
Kamome Propeller
Damen Marine Components (DMC)
YMV Crane and Winch Systems
BENES MARINE TECHNOLOGY
Nakashima Propeller
Wuxi Delin Marine Equipment
Wuhan Xingda
Zhoushan Liyuan Machinery

Key Questions Addressed in this Report

What is the 10-year outlook for the global Flap Rudder market?

What factors are driving Flap Rudder market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Flap Rudder market opportunities vary by end market size?

How does Flap Rudder break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.