Global Transmission Systems for Marine Applications 2016-2020

About Transmission Systems for Marine Applications

Transmission systems in marine vessels form an indispensable link between the propulsion engine and the propeller. The transmission systems used in marine vessels comprise mainly of a reduction gear, which is an arrangement that enables an input speed to be lowered when there is a requirement for slower output speed with the same or higher output torque. The reduction gear assembly comprises a set of rotating gears associated with a wheel work. The high-speed inbound motion from the wheel work is transmitted to the set of rotating gears, where the motion or torque undergoes a modification. The number of gears used in the reduction gear assembly is dependent on the output speed requirement of the application.
Technavio’s analysts forecast the global transmission systems market for marine applications to grow at a CAGR of above 3% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global transmission systems market for marine applications 2016-2020. To calculate the market size, the report considers the order book of the global shipbuilding industry along with the following global seaborne trade forecast assumptions.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Transmission Systems Market for Marine Applications 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Rolls-Royce
• Twin Disc
• Velvet Drive
• Wärtsilä
• ZF
Other prominent vendors
• Atlantis Marine
• Borg Warner
• Transocean
• Volvo Penta
Market driver
• Emergence of two-speed gearbox to emissions
• For a full, detailed list, view our report

Market challenge
• Asian economic downturn fueling maritime volatility
• For a full, detailed list, view our report

Market trend
• Adoption of Z-drive in inland towboats
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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