New York, NY -- (SBWIRE) -- 10/24/2018 -- The latest industry intelligence research on the Deck Machinery market offers a repository of valuable data on the size, share, and growth rate of the Deck Machinery market for the forecast period, 2018 - 2025. Importantly, examination of various facets of the industry including but not limited to production volume, product sales, demand and supply assessment and forecast for the period, 2018 - 2025 aim at offering business owners a competitive edge over their rivals. The study further conducts a qualitative evaluation of various driving forces expected to shape the future of the industry during the estimated period.

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Oversupply of ships in the current market has declined the growth of the deck machinery market for the past three years, i.e. 2014-2017. The growth rate has dipped below -10% in 2017. Majority of the demand for deck machinery can be sourced to China, Korea, Japan and Europe. China and Korea has the dominant share in the global market owing to being accredited with the largest and most profitable shipyards around the globe.

Global Deck Machinery market top manufacturers are Mitsubishi Heavy Industries, Rolls Royce, Kawasaki heavy Industries, Coastal Marine Equipment, Funz San Industry, MacGregor, Marine Equipment Pellergeni, PaRSystems, Rapp Marine, Warlista

Market-O-Nomics
- Shipbuilding of merchant ships over 500 GT accounts for an average annual production value of USD 82 billion (42% of USD 197 billion) and the related marine supplies industry for a value of USD 50.4 billion (30% of USD 169 billion
- An additional production value of USD 100-120 billion summarizes the entire shipbuilding market inclusive of its entire component to a total of about USD 475 billion
- In 2016-2017, the suppliers equipment market along with the deck machinery equipment market declined by 10.24 and that in the period between 2015-2016 declined by 11.35%.
- All segments of the industry saw lower activity, but the fall was deepest for mechanical equipment, where turnover fell by 24 percent
- The distribution is skewed, with 60% of the yards studied having a capacity utilisation rate below the global average that was 54% in 2014
- The demand for commodities is expected to grow by 40% by 2030
- For 2015-2035, total vessel requirements are expected to reach 835 million gt in total with 36.6 million gt in 2020, 41.2 million gt in 2025, 45.8 million gt in 2030 and 50.9 million gt in 2035
- By ship type, tanker requirements would reach a total of 261 million gt for the years 2015 to 2035, bulkers around 400 million gt and containers approximately 170 million gt for the same period.
- Continued….

Product Scenario (Revenue, USD Million; 2016–2025)
- Winch
- Capstan
- Life Boats
- Life Rafts
- Others

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By Operations (Revenue, USD Million; 2016–2025)
- Steam Powered
- Hydraulic Systems
- Electrical Operating

By Application (Revenue, USD Million; 2016–2025)
- Bunker
- Container
- LNG
- LPG
- Small Dry
- Tanker
- OSV

Product Coverage of the Report
- Region and country wise consumption statistics of deck machineries from the period 2015-2025. 2015-
2017 has been utilized as historic data and 2018-2025, has been derived as forecasts
- Estimation and forecast of shipbuilding industry region wise
- Forecast of shipbuilding equipment supply and materials per region
- On the basis of product the market has been segmented into Winch, capstan, crane, life boats and life
rafts and others
- Winches accounted for the second largest share in the deck machinery by products segment
- Demand and Supply GAP Analysis
- Region Wise Shipbuilding Economic Correlation Indicators
- Tankers, cargo's, vessels and dry cargo ship estimated and forecasted order book
- Shipbuilding industry revenue wise performance analysis
- Growth Decline Analysis (2016-2015)
- Import Export Statistical Analysis
- Europe Model Ship Axillary Equipment Market Value Chain
- Fishing Vessels, Cruise and Commercial Vessel Demand Forecast
- Company wise market share analysis

The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Deck Machinery industry for the forecast
period 2018-2025?
- What are the major driving forces expected to impact the development of the Deck Machinery market
across different regions?
- Who are the major driving forces expected to decide the fate of the industry worldwide?
- Who are the prominent market players making a mark in the Deck Machinery market with their winning
strategies?
- Which industry trends are likely to shape the future of the industry during the forecast period 2018-
2025?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Deck Machinery market?

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