The report forecasts the global transmission systems market for marine applications to grow at a CAGR of above 3% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: The advent of V-drive transmission systems will be a major trend for this market. V-drive is a propulsion system for small vessels that comprises of two drive shafts, a gearbox, and a propeller. In a V-drive vessel, the engine is fixed in the rear of the boat, and the front of the engine faces aft. The transmission is connected to the rear of the engine. The first driveshaft links the rear of the transmission to a gearbox mounted in the center of the boat. The second driveshaft extends from the gearbox to the rear and out the bottom of the boat to where the propeller is mounted.
According to the report, the emergence of two-speed gearbox to emissions will be a growth driving factor for this market. two-speed gearboxes have proved to be beneficial monetarily as well as environmentally. The gearboxes can serve vessels having multiple operational modes or reduced transit speed, including RoPax ferries, offshore support vessels, and tug boats. The two-speed gearboxes were observed to consume 8% less fuel than single mechanical propulsion systems. The reduction in fuel consumption that these type of gearboxes entail can go up to 15% with similar reductions in the emission of nitrogen oxides (NOx) and sulfur dioxide (SOx).
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?
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market drivers
PART 06: Impact of drivers
PART 07: Market challenges
PART 08: Impact of drivers and challenges
PART 09: Market trends
PART 10: Marine transmission systems market by ship type