Global Marine Fin Stabilizer Market Growth 2023-2029

Global Marine Fin Stabilizer Market Growth 2023-2029

The marine fin stabilizer is rotated by the operating mechanism, so that the water flow generates a force on it, thereby forming a stabilizing moment, reducing the sway, so as to reduce the hull rolling. Vessels equipped with fin stabilizers. It can improve the safety of the ship and the seaworthiness of the ship; improve the working conditions on the ship and improve the work efficiency of the crew; avoid cargo collision and damage; increase the speed of the ship in wind and waves, save fuel, and promote the service life of other ship equipment.
LPI (LP Information)' newest research report, the “Marine Fin Stabilizer Industry Forecast” looks at past sales and reviews total world Marine Fin Stabilizer sales in 2022, providing a comprehensive analysis by region and market sector of projected Marine Fin Stabilizer sales for 2023 through 2029. With Marine Fin Stabilizer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Marine Fin Stabilizer industry.
This Insight Report provides a comprehensive analysis of the global Marine Fin Stabilizer 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 Marine Fin Stabilizer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Marine Fin Stabilizer market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Marine Fin Stabilizer 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 Marine Fin Stabilizer.
The global Marine Fin Stabilizer market size is projected to grow from US$ 160.7 million in 2022 to US$ 306.3 million in 2029; it is expected to grow at a CAGR of 306.3 from 2023 to 2029.
The global marine fin stabilizer is dominated by few players from US and Europe. The key players from US include Naiad Dynamics, Quantum Marine Stabilizers, Wesmar (Western Marine Electronics), ABT TRAC and Kobelt (Keypower Equipment). And key players from Europe are Fincantieri, SKF Group, Groupe Fouré Lagadec, Kongsberg Maritime (RRCM), Praxis Automation Technology, Matn’s Stabilizers, CMC Marine, Sleipner Motor AS and Humphree.Europe is the largest producer, holds a share about 65%, followed by North America, with a share of 23%. Asia is the fastest growing market.In terms of product type.
In terms of application, Passenger Vessels is the largest application, with a share about 50% in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Marine Fin Stabilizer market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Retractable Fin Stabilizers
Non-Retractable Fin Stabilizers
Segmentation by application
Passenger Vessels
Merchant Vessels
Naval Vessels
Fishing 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.
Naiad Dynamics
Fincantieri
SKF Group
Quantum Marine Stabilizers
Wesmar (Western Marine Electronics)
Mitsubishi Heavy Industries Marine Machinery & Equipment
Groupe Fouré Lagadec
Kongsberg Maritime (RRCM)
Praxis Automation Technology
Matn’s Stabilizers
CMC Marine
ABT TRAC
Sleipner Motor AS
Kobelt (Keypower Equipment)
Veljan
China State Shipbuilding Corporation
Humphree

Key Questions Addressed in this Report
What is the 10-year outlook for the global Marine Fin Stabilizer market?
What factors are driving Marine Fin Stabilizer market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Marine Fin Stabilizer market opportunities vary by end market size?
How does Marine Fin Stabilizer 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.