Product Code: ETC7547282 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India marine steering system market import shipments demonstrated a robust growth trend from 2020 to 2024, with a significant CAGR of 23.0%. However, there was a noticeable slowdown in growth between 2023 and 2024, with a negative growth rate of -8.8%. Overall, the market expanded steadily but showed signs of deceleration in the most recent period.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Marine Steering System Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Marine Steering System Market Revenues & Volume, 2021 & 2031F |
3.3 India Marine Steering System Market - Industry Life Cycle |
3.4 India Marine Steering System Market - Porter's Five Forces |
3.5 India Marine Steering System Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Marine Steering System Market Revenues & Volume Share, By Means of Steering, 2021 & 2031F |
3.7 India Marine Steering System Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.8 India Marine Steering System Market Revenues & Volume Share, By End User Industry, 2021 & 2031F |
4 India Marine Steering System Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for recreational boating activities in India |
4.2.2 Growth in the maritime industry, including shipping and fishing sectors |
4.2.3 Technological advancements leading to the development of more efficient marine steering systems |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with marine steering systems |
4.3.2 Regulatory challenges and compliance requirements in the marine industry |
4.3.3 Limited awareness and adoption of advanced marine steering technologies in India |
5 India Marine Steering System Market Trends |
6 India Marine Steering System Market, By Types |
6.1 India Marine Steering System Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Marine Steering System Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 India Marine Steering System Market Revenues & Volume, By Rotary Vane Type, 2021- 2031F |
6.1.4 India Marine Steering System Market Revenues & Volume, By Ram Type, 2021- 2031F |
6.2 India Marine Steering System Market, By Means of Steering |
6.2.1 Overview and Analysis |
6.2.2 India Marine Steering System Market Revenues & Volume, By Auto-Pilot, 2021- 2031F |
6.2.3 India Marine Steering System Market Revenues & Volume, By Manual, 2021- 2031F |
6.3 India Marine Steering System Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 India Marine Steering System Market Revenues & Volume, By Hydraulic, 2021- 2031F |
6.3.3 India Marine Steering System Market Revenues & Volume, By Electric, 2021- 2031F |
6.4 India Marine Steering System Market, By End User Industry |
6.4.1 Overview and Analysis |
6.4.2 India Marine Steering System Market Revenues & Volume, By Passenger Vessels, 2021- 2031F |
6.4.3 India Marine Steering System Market Revenues & Volume, By Defense, 2021- 2031F |
6.4.4 India Marine Steering System Market Revenues & Volume, By Commercial, 2021- 2031F |
7 India Marine Steering System Market Import-Export Trade Statistics |
7.1 India Marine Steering System Market Export to Major Countries |
7.2 India Marine Steering System Market Imports from Major Countries |
8 India Marine Steering System Market Key Performance Indicators |
8.1 Average age of marine vessels in India |
8.2 Number of new boat registrations in India |
8.3 Percentage of marine accidents attributed to steering system failures |
8.4 Adoption rate of electronic steering systems in the Indian marine sector |
8.5 Percentage of marine industry players investing in RD for steering system innovation |
9 India Marine Steering System Market - Opportunity Assessment |
9.1 India Marine Steering System Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Marine Steering System Market Opportunity Assessment, By Means of Steering, 2021 & 2031F |
9.3 India Marine Steering System Market Opportunity Assessment, By Type, 2021 & 2031F |
9.4 India Marine Steering System Market Opportunity Assessment, By End User Industry, 2021 & 2031F |
10 India Marine Steering System Market - Competitive Landscape |
10.1 India Marine Steering System Market Revenue Share, By Companies, 2024 |
10.2 India Marine Steering System Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |