Global Marine Rudder System Market 2023-2030
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Global Marine Rudder System Market 2023-2030

Last Updated:  Apr 25, 2025 | Study Period: 2023-2030

GLOBAL MARINE RUDDER SYSTEM MARKET

 

INTRODUCTION

rudder, an externally mounted component of a boat or ship's steering system that is typically attached at the stern. The most typical design consists of a metal or wood surface that is virtually flat and has a hinge connecting its forward edge to the sternpost.

 

It works on the theory of different water pressures.marine. a tool for controlling and directing a ship. Hydrofoils that pivot on a vertical axis are known as rudders.A principal control surface for steering a ship, boat, submarine, hovercraft, aircraft, or other moving object through a fluid medium (often air or water) is a rudder. 

 

GLOBAL MARINE RUDDER SYSTEM MARKET SIZE AND FORECAST

 

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The Global Marine Rudder system Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

 

NEW PRODUCT LAUNCH

Launch of a New Rudder System by Kongsberg Maritime The steering forces from the rudder are transferred through the headbox and steering gear deck into the hull structure by a unique Direct Trunk Support system for rudders introduced by Kongsberg Maritime. Weight savings from this are expected to result in improved manoeuvrability and propulsion, which will ultimately save fuel and lower emissions.

 

The DTS rudder, according to Kongsberg, has no maximum size and is suitable for ships of any size, from fishing boats to superyachts, and in any industry. The radial forces and bending moment transmitted from the rudder blade to the steering gear are eliminated. 

 

An expanded pipe built into the rudder trunk allows for this. This indicates that the DTS system's rudder stock (torque shaft) exclusively transmits torque and axial loads.The new DTS system offers some of its most significant advantages throughout the ship's design phase.

 

A lower-positioned steering gear deck is possible thanks to the increased weight distribution, which provides the ship designer more freedom in the aft ship design. This increases any vessel's capacity for storage. Since the DTS system just transfers torque load, ship owners also have the option of selecting smaller steering gear.

 

Because heavy cast parts are no longer required thanks to the DTS technology, larger rudders are more competitive thanks to weight reductions and shortened lead times. The split rudder design also lightens the weight of individual parts and makes handling them safer during production and installation

 

COMPANY PROFILE

  • Kongsberg
  • Green Marine
  • Becker Marine
  • Fathom World
  • Nacra 17

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many Marine Rudder systems are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a Global Marine Rudder system and key vendor selection criteria
  3. Where is the Marine Rudder system manufactured? What is the average margin per unit?
  4. Market share of Global Marine Rudder system market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Global Marine Rudder system in-house
  6. key predictions for next 5 years in Global Marine Rudder system market
  7. Average B-2-B Marine Rudder system market price in all segments
  8. Latest trends in Marine Rudder system market, by every market segment
  9. The market size (both volume and value) of the Marine Rudder system market in 2023-2030 and every year in between?
  10. Production breakup of Marine Rudder system market, by suppliers and their OEM relationship

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
19Market Segmentation, Dynamics and Forecast by Application, 2023-2030
20Market Segmentation, Dynamics and Forecast by End use, 2023-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix