The global market for Vessel Transmissions was valued at US$ 893 million in the year 2024 and is projected to reach a revised size of US$ 1098 million by 2031, growing at a CAGR of 2.9% during the forecast period.

Vessel Transmissions Market

The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on Vessel Transmissions competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.

Vessel transmissions, also referred to as marine gearboxes, are mechanical power transfer systems installed between a ship’s main engine and propeller. They serve multiple functions including reducing or increasing engine speed to match the optimal propeller speed, reversing the propeller’s rotation direction for forward or reverse movement, and distributing power to multiple shafts or auxiliary equipment when required. Designed to operate reliably under harsh marine conditions, vessel transmissions typically consist of precision gears, clutches, hydraulic controls, and lubrication systems to ensure smooth propulsion, maneuverability, and energy efficiency.

Vessel transmission refers to the mechanical system used to transmit power from a marine engine to the propeller shaft, enabling controlled propulsion and maneuverability of a vessel. Unlike industrial gearboxes, vessel transmissions are designed to operate under variable torque, load, and environmental conditions unique to marine settings. Key characteristics include high torque transfer efficiency, durability in corrosive environments, and integration with propulsion control systems. With the global maritime sector undergoing structural changes-such as decarbonization, fleet modernization, and naval investment-the vessel transmission market is poised for steady expansion.

The market is commonly segmented by power class: less than 500 kW, 500–2000 kW, and more than 2000 kW. Transmissions below 500 kW primarily serve leisure boats, patrol craft, and small fishing vessels, where noise reduction, compactness, and cost-efficiency are key. The 500–2000 kW segment accounts for the largest volume share, addressing workboats, medium-sized fishing vessels, and coastal transport ships. This range demands enhanced thermal durability, integrated hydraulic control, and modularity. Systems above 2000 kW are found in heavy-duty tugs, offshore support vessels, naval ships, and cargo carriers, where performance under high torque and redundancy is critical. Though low in unit volume, the high power class contributes disproportionately to market value and technological innovation.

From an application perspective, tugs and work ships represent the fastest-growing segment, propelled by port infrastructure investment, offshore wind energy deployment, and aging fleet replacement. Naval, police, and governmental vessels remain a high-value niche market, requiring custom-built gearboxes with low acoustic signatures and robust shock resistance. Cargo vessels offer steady but modest demand, often relying on PTO/PTI solutions rather than traditional marine transmissions. Leisure and fishing boats continue to provide consistent volume demand, particularly in Asia-Pacific and Southern Europe, though the segment remains price-sensitive and fragmented.

Regionally, China has become the largest producer of vessel transmissions by volume, driven by massive shipbuilding output in sectors such as fishing, public vessels, and engineering craft. Domestic manufacturers like Hangzhou Advance, Chongqing Gearbox, and Hangzhou Fada dominate the low-to-mid power range and are increasingly moving into higher-end segments. Supportive government policies and increasing adoption in naval and hybrid propulsion applications further reinforce China's strategic position in this market.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Vessel Transmissions, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vessel Transmissions.

The Vessel Transmissions market size, estimations, and forecasts are provided in terms of output/shipments (MW) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Vessel Transmissions market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Vessel Transmissions manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Scope of Vessel Transmissions Market Report

Report Metric	Details
Report Name	Vessel Transmissions Market
Accounted market size in year	US$ 893 million
Forecasted market size in 2031	US$ 1098 million
CAGR	2.9%
Base Year	year
Forecasted years	2025 - 2031
Segment by Type	Less than 500kW 500-2000kW More than 2000kW
Segment by Application	Leisure and Passenger Boat Fishing Boats Tugs and Work Ship Cargo Ship Others
Production by Region	North America Europe China Japan
Consumption by Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Asia-Pacific (China, Japan, South Korea, Taiwan) Southeast Asia (India) Latin America (Mexico, Brazil)
By Company	Hangzhou Advance Gearbox Group, RENK Group, ZF Friedrichshafen, REINTJES GmbH, Hitachi Nico Transmission, Flender, Chongqing Gearbox, Twin Disc, Kanzaki Kokyukoki, PRM Newage Ltd, D-I Industrial, Baker Hughes, Masson Marine, ME Production, Velvet Drive Transmission
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Vessel Transmissions manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Vessel Transmissions by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Vessel Transmissions in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.

FAQ for this report

How fast is Vessel Transmissions Market growing?

Ans: The Vessel Transmissions Market witnessing a CAGR of 2.9% during the forecast period 2025-2031.

What is the Vessel Transmissions Market size in 2031?

Ans: The Vessel Transmissions Market size in 2031 will be US$ 1098 million.

Who are the main players in the Vessel Transmissions Market report?

Ans: The main players in the Vessel Transmissions Market are Hangzhou Advance Gearbox Group, RENK Group, ZF Friedrichshafen, REINTJES GmbH, Hitachi Nico Transmission, Flender, Chongqing Gearbox, Twin Disc, Kanzaki Kokyukoki, PRM Newage Ltd, D-I Industrial, Baker Hughes, Masson Marine, ME Production, Velvet Drive Transmission

What are the Application segmentation covered in the Vessel Transmissions Market report?

Ans: The Applications covered in the Vessel Transmissions Market report are Leisure and Passenger Boat, Fishing Boats, Tugs and Work Ship, Cargo Ship, Others

What are the Type segmentation covered in the Vessel Transmissions Market report?

Ans: The Types covered in the Vessel Transmissions Market report are Less than 500kW, 500-2000kW, More than 2000kW

Recommended Reports

Marine Power Systems

Marine Gearboxes

Vehicle Transmissions

1 Vessel Transmissions Market Overview

1.1 Product Definition

1.2 Vessel Transmissions by Type

1.2.1 Global Vessel Transmissions Market Value Growth Rate Analysis by Type: 2024 VS 2031

1.2.2 Less than 500kW

1.2.3 500-2000kW

1.2.4 More than 2000kW

1.3 Vessel Transmissions by Application

1.3.1 Global Vessel Transmissions Market Value Growth Rate Analysis by Application: 2024 VS 2031

1.3.2 Leisure and Passenger Boat

1.3.3 Fishing Boats

1.3.4 Tugs and Work Ship

1.3.5 Cargo Ship

1.3.6 Others

1.4 Global Market Growth Prospects

1.4.1 Global Vessel Transmissions Production Value Estimates and Forecasts (2020-2031)

1.4.2 Global Vessel Transmissions Production Capacity Estimates and Forecasts (2020-2031)

1.4.3 Global Vessel Transmissions Production Estimates and Forecasts (2020-2031)

1.4.4 Global Vessel Transmissions Market Average Price Estimates and Forecasts (2020-2031)

1.5 Assumptions and Limitations

2 Market Competition by Manufacturers

2.1 Global Vessel Transmissions Production Market Share by Manufacturers (2020-2025)

2.2 Global Vessel Transmissions Production Value Market Share by Manufacturers (2020-2025)

2.3 Global Key Players of Vessel Transmissions, Industry Ranking, 2023 VS 2024

2.4 Global Vessel Transmissions Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

2.5 Global Vessel Transmissions Average Price by Manufacturers (2020-2025)

2.6 Global Key Manufacturers of Vessel Transmissions, Manufacturing Base Distribution and Headquarters

2.7 Global Key Manufacturers of Vessel Transmissions, Product Offered and Application

2.8 Global Key Manufacturers of Vessel Transmissions, Date of Enter into This Industry

2.9 Vessel Transmissions Market Competitive Situation and Trends

2.9.1 Vessel Transmissions Market Concentration Rate

2.9.2 Global 5 and 10 Largest Vessel Transmissions Players Market Share by Revenue

2.10 Mergers & Acquisitions, Expansion

3 Vessel Transmissions Production by Region

3.1 Global Vessel Transmissions Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.2 Global Vessel Transmissions Production Value by Region (2020-2031)

3.2.1 Global Vessel Transmissions Production Value by Region (2020-2025)

3.2.2 Global Forecasted Production Value of Vessel Transmissions by Region (2026-2031)

3.3 Global Vessel Transmissions Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.4 Global Vessel Transmissions Production Volume by Region (2020-2031)

3.4.1 Global Vessel Transmissions Production by Region (2020-2025)

3.4.2 Global Forecasted Production of Vessel Transmissions by Region (2026-2031)

3.5 Global Vessel Transmissions Market Price Analysis by Region (2020-2025)

3.6 Global Vessel Transmissions Production and Value, Year-over-Year Growth

3.6.1 North America Vessel Transmissions Production Value Estimates and Forecasts (2020-2031)

3.6.2 Europe Vessel Transmissions Production Value Estimates and Forecasts (2020-2031)

3.6.3 China Vessel Transmissions Production Value Estimates and Forecasts (2020-2031)

3.6.4 Japan Vessel Transmissions Production Value Estimates and Forecasts (2020-2031)

4 Vessel Transmissions Consumption by Region

4.1 Global Vessel Transmissions Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

4.2 Global Vessel Transmissions Consumption by Region (2020-2031)

4.2.1 Global Vessel Transmissions Consumption by Region (2020-2025)

4.2.2 Global Vessel Transmissions Forecasted Consumption by Region (2026-2031)

4.3 North America

4.3.1 North America Vessel Transmissions Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.3.2 North America Vessel Transmissions Consumption by Country (2020-2031)

4.3.3 U.S.

4.3.4 Canada

4.4 Europe

4.4.1 Europe Vessel Transmissions Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.4.2 Europe Vessel Transmissions Consumption by Country (2020-2031)

4.4.3 Germany

4.4.4 France

4.4.5 U.K.

4.4.6 Italy

4.4.7 Netherlands

4.5 Asia Pacific

4.5.1 Asia Pacific Vessel Transmissions Consumption Growth Rate by Region: 2020 VS 2024 VS 2031

4.5.2 Asia Pacific Vessel Transmissions Consumption by Region (2020-2031)

4.5.3 China

4.5.4 Japan

4.5.5 South Korea

4.5.6 China Taiwan

4.5.7 Southeast Asia

4.5.8 India

4.6 Latin America, Middle East & Africa

4.6.1 Latin America, Middle East & Africa Vessel Transmissions Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.6.2 Latin America, Middle East & Africa Vessel Transmissions Consumption by Country (2020-2031)

4.6.3 Mexico

4.6.4 Brazil

4.6.5 Turkey

4.6.6 GCC Countries

5 Segment by Type

5.1 Global Vessel Transmissions Production by Type (2020-2031)

5.1.1 Global Vessel Transmissions Production by Type (2020-2025)

5.1.2 Global Vessel Transmissions Production by Type (2026-2031)

5.1.3 Global Vessel Transmissions Production Market Share by Type (2020-2031)

5.2 Global Vessel Transmissions Production Value by Type (2020-2031)

5.2.1 Global Vessel Transmissions Production Value by Type (2020-2025)

5.2.2 Global Vessel Transmissions Production Value by Type (2026-2031)

5.2.3 Global Vessel Transmissions Production Value Market Share by Type (2020-2031)

5.3 Global Vessel Transmissions Price by Type (2020-2031)

6 Segment by Application

6.1 Global Vessel Transmissions Production by Application (2020-2031)

6.1.1 Global Vessel Transmissions Production by Application (2020-2025)

6.1.2 Global Vessel Transmissions Production by Application (2026-2031)

6.1.3 Global Vessel Transmissions Production Market Share by Application (2020-2031)

6.2 Global Vessel Transmissions Production Value by Application (2020-2031)

6.2.1 Global Vessel Transmissions Production Value by Application (2020-2025)

6.2.2 Global Vessel Transmissions Production Value by Application (2026-2031)

6.2.3 Global Vessel Transmissions Production Value Market Share by Application (2020-2031)

6.3 Global Vessel Transmissions Price by Application (2020-2031)

7 Key Companies Profiled

7.1 Hangzhou Advance Gearbox Group

7.1.1 Hangzhou Advance Gearbox Group Vessel Transmissions Company Information

7.1.2 Hangzhou Advance Gearbox Group Vessel Transmissions Product Portfolio

7.1.3 Hangzhou Advance Gearbox Group Vessel Transmissions Production, Value, Price and Gross Margin (2020-2025)

7.1.4 Hangzhou Advance Gearbox Group Main Business and Markets Served

7.1.5 Hangzhou Advance Gearbox Group Recent Developments/Updates

7.2 RENK Group

7.2.1 RENK Group Vessel Transmissions Company Information

7.2.2 RENK Group Vessel Transmissions Product Portfolio

7.2.3 RENK Group Vessel Transmissions Production, Value, Price and Gross Margin (2020-2025)

7.2.4 RENK Group Main Business and Markets Served

7.2.5 RENK Group Recent Developments/Updates

7.3 ZF Friedrichshafen

7.3.1 ZF Friedrichshafen Vessel Transmissions Company Information

7.3.2 ZF Friedrichshafen Vessel Transmissions Product Portfolio

7.3.3 ZF Friedrichshafen Vessel Transmissions Production, Value, Price and Gross Margin (2020-2025)

7.3.4 ZF Friedrichshafen Main Business and Markets Served

7.3.5 ZF Friedrichshafen Recent Developments/Updates

7.4 REINTJES GmbH

7.4.1 REINTJES GmbH Vessel Transmissions Company Information

7.4.2 REINTJES GmbH Vessel Transmissions Product Portfolio

7.4.3 REINTJES GmbH Vessel Transmissions Production, Value, Price and Gross Margin (2020-2025)

7.4.4 REINTJES GmbH Main Business and Markets Served

7.4.5 REINTJES GmbH Recent Developments/Updates

7.5 Hitachi Nico Transmission

7.5.1 Hitachi Nico Transmission Vessel Transmissions Company Information

7.5.2 Hitachi Nico Transmission Vessel Transmissions Product Portfolio

7.5.3 Hitachi Nico Transmission Vessel Transmissions Production, Value, Price and Gross Margin (2020-2025)

7.5.4 Hitachi Nico Transmission Main Business and Markets Served

7.5.5 Hitachi Nico Transmission Recent Developments/Updates

7.6 Flender

7.6.1 Flender Vessel Transmissions Company Information

7.6.2 Flender Vessel Transmissions Product Portfolio

7.6.3 Flender Vessel Transmissions Production, Value, Price and Gross Margin (2020-2025)

7.6.4 Flender Main Business and Markets Served

7.6.5 Flender Recent Developments/Updates

7.7 Chongqing Gearbox

7.7.1 Chongqing Gearbox Vessel Transmissions Company Information

7.7.2 Chongqing Gearbox Vessel Transmissions Product Portfolio

7.7.3 Chongqing Gearbox Vessel Transmissions Production, Value, Price and Gross Margin (2020-2025)

7.7.4 Chongqing Gearbox Main Business and Markets Served

7.7.5 Chongqing Gearbox Recent Developments/Updates

7.8 Twin Disc

7.8.1 Twin Disc Vessel Transmissions Company Information

7.8.2 Twin Disc Vessel Transmissions Product Portfolio

7.8.3 Twin Disc Vessel Transmissions Production, Value, Price and Gross Margin (2020-2025)

7.8.4 Twin Disc Main Business and Markets Served

7.8.5 Twin Disc Recent Developments/Updates

7.9 Kanzaki Kokyukoki

7.9.1 Kanzaki Kokyukoki Vessel Transmissions Company Information

7.9.2 Kanzaki Kokyukoki Vessel Transmissions Product Portfolio

7.9.3 Kanzaki Kokyukoki Vessel Transmissions Production, Value, Price and Gross Margin (2020-2025)

7.9.4 Kanzaki Kokyukoki Main Business and Markets Served

7.9.5 Kanzaki Kokyukoki Recent Developments/Updates

7.10 Hangzhou Advance Gearbox Group

7.10.1 Hangzhou Advance Gearbox Group Vessel Transmissions Company Information

7.10.2 Hangzhou Advance Gearbox Group Vessel Transmissions Product Portfolio

7.10.3 Hangzhou Advance Gearbox Group Vessel Transmissions Production, Value, Price and Gross Margin (2020-2025)

7.10.4 Hangzhou Advance Gearbox Group Main Business and Markets Served

7.10.5 Hangzhou Advance Gearbox Group Recent Developments/Updates

7.11 PRM Newage Ltd

7.11.1 PRM Newage Ltd Vessel Transmissions Company Information

7.11.2 PRM Newage Ltd Vessel Transmissions Product Portfolio

7.11.3 PRM Newage Ltd Vessel Transmissions Production, Value, Price and Gross Margin (2020-2025)

7.11.4 PRM Newage Ltd Main Business and Markets Served

7.11.5 PRM Newage Ltd Recent Developments/Updates

7.12 D-I Industrial

7.12.1 D-I Industrial Vessel Transmissions Company Information

7.12.2 D-I Industrial Vessel Transmissions Product Portfolio

7.12.3 D-I Industrial Vessel Transmissions Production, Value, Price and Gross Margin (2020-2025)

7.12.4 D-I Industrial Main Business and Markets Served

7.12.5 D-I Industrial Recent Developments/Updates

7.13 Baker Hughes

7.13.1 Baker Hughes Vessel Transmissions Company Information

7.13.2 Baker Hughes Vessel Transmissions Product Portfolio

7.13.3 Baker Hughes Vessel Transmissions Production, Value, Price and Gross Margin (2020-2025)

7.13.4 Baker Hughes Main Business and Markets Served

7.13.5 Baker Hughes Recent Developments/Updates

7.14 Masson Marine

7.14.1 Masson Marine Vessel Transmissions Company Information

7.14.2 Masson Marine Vessel Transmissions Product Portfolio

7.14.3 Masson Marine Vessel Transmissions Production, Value, Price and Gross Margin (2020-2025)

7.14.4 Masson Marine Main Business and Markets Served

7.14.5 Masson Marine Recent Developments/Updates

7.15 ME Production

7.15.1 ME Production Vessel Transmissions Company Information

7.15.2 ME Production Vessel Transmissions Product Portfolio

7.15.3 ME Production Vessel Transmissions Production, Value, Price and Gross Margin (2020-2025)

7.15.4 ME Production Main Business and Markets Served

7.15.5 ME Production Recent Developments/Updates

7.16 Velvet Drive Transmission

7.16.1 Velvet Drive Transmission Vessel Transmissions Company Information

7.16.2 Velvet Drive Transmission Vessel Transmissions Product Portfolio

7.16.3 Velvet Drive Transmission Vessel Transmissions Production, Value, Price and Gross Margin (2020-2025)

7.16.4 Velvet Drive Transmission Main Business and Markets Served

7.16.5 Velvet Drive Transmission Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis

8.1 Vessel Transmissions Industry Chain Analysis

8.2 Vessel Transmissions Raw Material Supply Analysis

8.2.1 Key Raw Materials

8.2.2 Raw Materials Key Suppliers

8.3 Vessel Transmissions Production Mode & Process Analysis

8.4 Vessel Transmissions Sales and Marketing

8.4.1 Vessel Transmissions Sales Channels

8.4.2 Vessel Transmissions Distributors

8.5 Vessel Transmissions Customer Analysis

9 Vessel Transmissions Market Dynamics

9.1 Vessel Transmissions Industry Trends

9.2 Vessel Transmissions Market Drivers

9.3 Vessel Transmissions Market Challenges

9.4 Vessel Transmissions Market Restraints

10 Research Findings and Conclusion

11 Methodology and Data Source

11.1 Methodology/Research Approach

11.1.1 Research Programs/Design

11.1.2 Market Size Estimation

11.1.3 Market Breakdown and Data Triangulation

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Author List

11.4 Disclaimer

FEATURED COMPANIES

Twin Disc

Hangzhou Advance Gearbox Group

Renk Group

ZF Friedrichshafen

REINTJES GmbH

Hitachi Nico Transmission

Velvet Drive Transmission

List of Tables

Table 1. Global Vessel Transmissions Market Value by Type, (US$ Million) & (2024 VS 2031)

Table 2. Global Vessel Transmissions Market Value by Application, (US$ Million) & (2024 VS 2031)

Table 3. Global Vessel Transmissions Production Capacity (MW) by Manufacturers in 2024

Table 4. Global Vessel Transmissions Production by Manufacturers (2020-2025) & (MW)

Table 5. Global Vessel Transmissions Production Market Share by Manufacturers (2020-2025)

Table 6. Global Vessel Transmissions Production Value by Manufacturers (2020-2025) & (US$ Million)

Table 7. Global Vessel Transmissions Production Value Share by Manufacturers (2020-2025)

Table 8. Global Key Players of Vessel Transmissions, Industry Ranking, 2023 VS 2024

Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Vessel Transmissions as of 2024)

Table 10. Global Market Vessel Transmissions Average Price by Manufacturers (US$/kW) & (2020-2025)

Table 11. Global Key Manufacturers of Vessel Transmissions, Manufacturing Base Distribution and Headquarters

Table 12. Global Key Manufacturers of Vessel Transmissions, Product Offered and Application

Table 13. Global Key Manufacturers of Vessel Transmissions, Date of Enter into This Industry

Table 14. Global Vessel Transmissions Manufacturers Market Concentration Ratio (CR5 and HHI)

Table 15. Mergers & Acquisitions, Expansion Plans

Table 16. Global Vessel Transmissions Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Table 17. Global Vessel Transmissions Production Value (US$ Million) by Region (2020-2025)

Table 18. Global Vessel Transmissions Production Value Market Share by Region (2020-2025)

Table 19. Global Vessel Transmissions Production Value (US$ Million) Forecast by Region (2026-2031)

Table 20. Global Vessel Transmissions Production Value Market Share Forecast by Region (2026-2031)

Table 21. Global Vessel Transmissions Production Comparison by Region: 2020 VS 2024 VS 2031 (MW)

Table 22. Global Vessel Transmissions Production (MW) by Region (2020-2025)

Table 23. Global Vessel Transmissions Production Market Share by Region (2020-2025)

Table 24. Global Vessel Transmissions Production (MW) Forecast by Region (2026-2031)

Table 25. Global Vessel Transmissions Production Market Share Forecast by Region (2026-2031)

Table 26. Global Vessel Transmissions Market Average Price (US$/kW) by Region (2020-2025)

Table 27. Global Vessel Transmissions Market Average Price (US$/kW) by Region (2026-2031)

Table 28. Global Vessel Transmissions Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (MW)

Table 29. Global Vessel Transmissions Consumption by Region (2020-2025) & (MW)

Table 30. Global Vessel Transmissions Consumption Market Share by Region (2020-2025)

Table 31. Global Vessel Transmissions Forecasted Consumption by Region (2026-2031) & (MW)

Table 32. Global Vessel Transmissions Forecasted Consumption Market Share by Region (2026-2031)

Table 33. North America Vessel Transmissions Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (MW)

Table 34. North America Vessel Transmissions Consumption by Country (2020-2025) & (MW)

Table 35. North America Vessel Transmissions Consumption by Country (2026-2031) & (MW)

Table 36. Europe Vessel Transmissions Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (MW)

Table 37. Europe Vessel Transmissions Consumption by Country (2020-2025) & (MW)

Table 38. Europe Vessel Transmissions Consumption by Country (2026-2031) & (MW)

Table 39. Asia Pacific Vessel Transmissions Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (MW)

Table 40. Asia Pacific Vessel Transmissions Consumption by Region (2020-2025) & (MW)

Table 41. Asia Pacific Vessel Transmissions Consumption by Region (2026-2031) & (MW)

Table 42. Latin America, Middle East & Africa Vessel Transmissions Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (MW)

Table 43. Latin America, Middle East & Africa Vessel Transmissions Consumption by Country (2020-2025) & (MW)

Table 44. Latin America, Middle East & Africa Vessel Transmissions Consumption by Country (2026-2031) & (MW)

Table 45. Global Vessel Transmissions Production (MW) by Type (2020-2025)

Table 46. Global Vessel Transmissions Production (MW) by Type (2026-2031)

Table 47. Global Vessel Transmissions Production Market Share by Type (2020-2025)

Table 48. Global Vessel Transmissions Production Market Share by Type (2026-2031)

Table 49. Global Vessel Transmissions Production Value (US$ Million) by Type (2020-2025)

Table 50. Global Vessel Transmissions Production Value (US$ Million) by Type (2026-2031)

Table 51. Global Vessel Transmissions Production Value Market Share by Type (2020-2025)

Table 52. Global Vessel Transmissions Production Value Market Share by Type (2026-2031)

Table 53. Global Vessel Transmissions Price (US$/kW) by Type (2020-2025)

Table 54. Global Vessel Transmissions Price (US$/kW) by Type (2026-2031)

Table 55. Global Vessel Transmissions Production (MW) by Application (2020-2025)

Table 56. Global Vessel Transmissions Production (MW) by Application (2026-2031)

Table 57. Global Vessel Transmissions Production Market Share by Application (2020-2025)

Table 58. Global Vessel Transmissions Production Market Share by Application (2026-2031)

Table 59. Global Vessel Transmissions Production Value (US$ Million) by Application (2020-2025)

Table 60. Global Vessel Transmissions Production Value (US$ Million) by Application (2026-2031)

Table 61. Global Vessel Transmissions Production Value Market Share by Application (2020-2025)

Table 62. Global Vessel Transmissions Production Value Market Share by Application (2026-2031)

Table 63. Global Vessel Transmissions Price (US$/kW) by Application (2020-2025)

Table 64. Global Vessel Transmissions Price (US$/kW) by Application (2026-2031)

Table 65. Hangzhou Advance Gearbox Group Vessel Transmissions Company Information

Table 66. Hangzhou Advance Gearbox Group Vessel Transmissions Specification and Application

Table 67. Hangzhou Advance Gearbox Group Vessel Transmissions Production (MW), Value (US$ Million), Price (US$/kW) and Gross Margin (2020-2025)

Table 68. Hangzhou Advance Gearbox Group Main Business and Markets Served

Table 69. Hangzhou Advance Gearbox Group Recent Developments/Updates

Table 70. RENK Group Vessel Transmissions Company Information

Table 71. RENK Group Vessel Transmissions Specification and Application

Table 72. RENK Group Vessel Transmissions Production (MW), Value (US$ Million), Price (US$/kW) and Gross Margin (2020-2025)

Table 73. RENK Group Main Business and Markets Served

Table 74. RENK Group Recent Developments/Updates

Table 75. ZF Friedrichshafen Vessel Transmissions Company Information

Table 76. ZF Friedrichshafen Vessel Transmissions Specification and Application

Table 77. ZF Friedrichshafen Vessel Transmissions Production (MW), Value (US$ Million), Price (US$/kW) and Gross Margin (2020-2025)

Table 78. ZF Friedrichshafen Main Business and Markets Served

Table 79. ZF Friedrichshafen Recent Developments/Updates

Table 80. REINTJES GmbH Vessel Transmissions Company Information

Table 81. REINTJES GmbH Vessel Transmissions Specification and Application

Table 82. REINTJES GmbH Vessel Transmissions Production (MW), Value (US$ Million), Price (US$/kW) and Gross Margin (2020-2025)

Table 83. REINTJES GmbH Main Business and Markets Served

Table 84. REINTJES GmbH Recent Developments/Updates

Table 85. Hitachi Nico Transmission Vessel Transmissions Company Information

Table 86. Hitachi Nico Transmission Vessel Transmissions Specification and Application

Table 87. Hitachi Nico Transmission Vessel Transmissions Production (MW), Value (US$ Million), Price (US$/kW) and Gross Margin (2020-2025)

Table 88. Hitachi Nico Transmission Main Business and Markets Served

Table 89. Hitachi Nico Transmission Recent Developments/Updates

Table 90. Flender Vessel Transmissions Company Information

Table 91. Flender Vessel Transmissions Specification and Application

Table 92. Flender Vessel Transmissions Production (MW), Value (US$ Million), Price (US$/kW) and Gross Margin (2020-2025)

Table 93. Flender Main Business and Markets Served

Table 94. Flender Recent Developments/Updates

Table 95. Chongqing Gearbox Vessel Transmissions Company Information

Table 96. Chongqing Gearbox Vessel Transmissions Specification and Application

Table 97. Chongqing Gearbox Vessel Transmissions Production (MW), Value (US$ Million), Price (US$/kW) and Gross Margin (2020-2025)

Table 98. Chongqing Gearbox Main Business and Markets Served

Table 99. Chongqing Gearbox Recent Developments/Updates

Table 100. Twin Disc Vessel Transmissions Company Information

Table 101. Twin Disc Vessel Transmissions Specification and Application

Table 102. Twin Disc Vessel Transmissions Production (MW), Value (US$ Million), Price (US$/kW) and Gross Margin (2020-2025)

Table 103. Twin Disc Main Business and Markets Served

Table 104. Twin Disc Recent Developments/Updates

Table 105. Kanzaki Kokyukoki Vessel Transmissions Company Information

Table 106. Kanzaki Kokyukoki Vessel Transmissions Specification and Application

Table 107. Kanzaki Kokyukoki Vessel Transmissions Production (MW), Value (US$ Million), Price (US$/kW) and Gross Margin (2020-2025)

Table 108. Kanzaki Kokyukoki Main Business and Markets Served

Table 109. Kanzaki Kokyukoki Recent Developments/Updates

Table 110. Hangzhou Advance Gearbox Group Vessel Transmissions Company Information

Table 111. Hangzhou Advance Gearbox Group Vessel Transmissions Specification and Application

Table 112. Hangzhou Advance Gearbox Group Vessel Transmissions Production (MW), Value (US$ Million), Price (US$/kW) and Gross Margin (2020-2025)

Table 113. Hangzhou Advance Gearbox Group Main Business and Markets Served

Table 114. Hangzhou Advance Gearbox Group Recent Developments/Updates

Table 115. PRM Newage Ltd Vessel Transmissions Company Information

Table 116. PRM Newage Ltd Vessel Transmissions Specification and Application

Table 117. PRM Newage Ltd Vessel Transmissions Production (MW), Value (US$ Million), Price (US$/kW) and Gross Margin (2020-2025)

Table 118. PRM Newage Ltd Main Business and Markets Served

Table 119. PRM Newage Ltd Recent Developments/Updates

Table 120. D-I Industrial Vessel Transmissions Company Information

Table 121. D-I Industrial Vessel Transmissions Specification and Application

Table 122. D-I Industrial Vessel Transmissions Production (MW), Value (US$ Million), Price (US$/kW) and Gross Margin (2020-2025)

Table 123. D-I Industrial Main Business and Markets Served

Table 124. D-I Industrial Recent Developments/Updates

Table 125. Baker Hughes Vessel Transmissions Company Information

Table 126. Baker Hughes Vessel Transmissions Specification and Application

Table 127. Baker Hughes Vessel Transmissions Production (MW), Value (US$ Million), Price (US$/kW) and Gross Margin (2020-2025)

Table 128. Baker Hughes Main Business and Markets Served

Table 129. Baker Hughes Recent Developments/Updates

Table 130. Masson Marine Vessel Transmissions Company Information

Table 131. Masson Marine Vessel Transmissions Specification and Application

Table 132. Masson Marine Vessel Transmissions Production (MW), Value (US$ Million), Price (US$/kW) and Gross Margin (2020-2025)

Table 133. Masson Marine Main Business and Markets Served

Table 134. Masson Marine Recent Developments/Updates

Table 135. ME Production Vessel Transmissions Company Information

Table 136. ME Production Vessel Transmissions Specification and Application

Table 137. ME Production Vessel Transmissions Production (MW), Value (US$ Million), Price (US$/kW) and Gross Margin (2020-2025)

Table 138. ME Production Main Business and Markets Served

Table 139. ME Production Recent Developments/Updates

Table 140. Velvet Drive Transmission Vessel Transmissions Company Information

Table 141. Velvet Drive Transmission Vessel Transmissions Specification and Application

Table 142. Velvet Drive Transmission Vessel Transmissions Production (MW), Value (US$ Million), Price (US$/kW) and Gross Margin (2020-2025)

Table 143. Velvet Drive Transmission Main Business and Markets Served

Table 144. Velvet Drive Transmission Recent Developments/Updates

Table 145. Key Raw Materials Lists

Table 146. Raw Materials Key Suppliers Lists

Table 147. Vessel Transmissions Distributors List

Table 148. Vessel Transmissions Customers List

Table 149. Vessel Transmissions Market Trends

Table 150. Vessel Transmissions Market Drivers

Table 151. Vessel Transmissions Market Challenges

Table 152. Vessel Transmissions Market Restraints

Table 153. Research Programs/Design for This Report

Table 154. Key Data Information from Secondary Sources

Table 155. Key Data Information from Primary Sources

Table 156. Authors List of This Report

List of Figures

Figure 1. Product Picture of Vessel Transmissions

Figure 2. Global Vessel Transmissions Market Value by Type, (US$ Million) & (2020-2031)

Figure 3. Global Vessel Transmissions Market Share by Type: 2024 VS 2031

Figure 4. Less than 500kW Product Picture

Figure 5. 500-2000kW Product Picture

Figure 6. More than 2000kW Product Picture

Figure 7. Global Vessel Transmissions Market Value by Application, (US$ Million) & (2020-2031)

Figure 8. Global Vessel Transmissions Market Share by Application: 2024 VS 2031

Figure 9. Leisure and Passenger Boat

Figure 10. Fishing Boats

Figure 11. Tugs and Work Ship

Figure 12. Cargo Ship

Figure 13. Others

Figure 14. Global Vessel Transmissions Production Value (US$ Million), 2020 VS 2024 VS 2031

Figure 15. Global Vessel Transmissions Production Value (US$ Million) & (2020-2031)

Figure 16. Global Vessel Transmissions Production Capacity (MW) & (2020-2031)

Figure 17. Global Vessel Transmissions Production (MW) & (2020-2031)

Figure 18. Global Vessel Transmissions Average Price (US$/kW) & (2020-2031)

Figure 19. Vessel Transmissions Report Years Considered

Figure 20. Vessel Transmissions Production Share by Manufacturers in 2024

Figure 21. Global Vessel Transmissions Production Value Share by Manufacturers (2024)

Figure 22. Vessel Transmissions Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024

Figure 23. The Global 5 and 10 Largest Players: Market Share by Vessel Transmissions Revenue in 2024

Figure 24. Global Vessel Transmissions Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Figure 25. Global Vessel Transmissions Production Value Market Share by Region: 2020 VS 2024 VS 2031

Figure 26. Global Vessel Transmissions Production Comparison by Region: 2020 VS 2024 VS 2031 (MW)

Figure 27. Global Vessel Transmissions Production Market Share by Region: 2020 VS 2024 VS 2031

Figure 28. North America Vessel Transmissions Production Value (US$ Million) Growth Rate (2020-2031)

Figure 29. Europe Vessel Transmissions Production Value (US$ Million) Growth Rate (2020-2031)

Figure 30. China Vessel Transmissions Production Value (US$ Million) Growth Rate (2020-2031)

Figure 31. Japan Vessel Transmissions Production Value (US$ Million) Growth Rate (2020-2031)

Figure 32. Global Vessel Transmissions Consumption by Region: 2020 VS 2024 VS 2031 (MW)

Figure 33. Global Vessel Transmissions Consumption Market Share by Region: 2020 VS 2024 VS 2031

Figure 34. North America Vessel Transmissions Consumption and Growth Rate (2020-2031) & (MW)

Figure 35. North America Vessel Transmissions Consumption Market Share by Country (2020-2031)

Figure 36. U.S. Vessel Transmissions Consumption and Growth Rate (2020-2031) & (MW)

Figure 37. Canada Vessel Transmissions Consumption and Growth Rate (2020-2031) & (MW)

Figure 38. Europe Vessel Transmissions Consumption and Growth Rate (2020-2031) & (MW)

Figure 39. Europe Vessel Transmissions Consumption Market Share by Country (2020-2031)

Figure 40. Germany Vessel Transmissions Consumption and Growth Rate (2020-2031) & (MW)

Figure 41. France Vessel Transmissions Consumption and Growth Rate (2020-2031) & (MW)

Figure 42. U.K. Vessel Transmissions Consumption and Growth Rate (2020-2031) & (MW)

Figure 43. Italy Vessel Transmissions Consumption and Growth Rate (2020-2031) & (MW)

Figure 44. Netherlands Vessel Transmissions Consumption and Growth Rate (2020-2031) & (MW)

Figure 45. Asia Pacific Vessel Transmissions Consumption and Growth Rate (2020-2031) & (MW)

Figure 46. Asia Pacific Vessel Transmissions Consumption Market Share by Region (2020-2031)

Figure 47. China Vessel Transmissions Consumption and Growth Rate (2020-2031) & (MW)

Figure 48. Japan Vessel Transmissions Consumption and Growth Rate (2020-2031) & (MW)

Figure 49. South Korea Vessel Transmissions Consumption and Growth Rate (2020-2031) & (MW)

Figure 50. China Taiwan Vessel Transmissions Consumption and Growth Rate (2020-2031) & (MW)

Figure 51. Southeast Asia Vessel Transmissions Consumption and Growth Rate (2020-2031) & (MW)

Figure 52. India Vessel Transmissions Consumption and Growth Rate (2020-2031) & (MW)

Figure 53. Latin America, Middle East & Africa Vessel Transmissions Consumption and Growth Rate (2020-2031) & (MW)

Figure 54. Latin America, Middle East & Africa Vessel Transmissions Consumption Market Share by Country (2020-2031)

Figure 55. Mexico Vessel Transmissions Consumption and Growth Rate (2020-2031) & (MW)

Figure 56. Brazil Vessel Transmissions Consumption and Growth Rate (2020-2031) & (MW)

Figure 57. Turkey Vessel Transmissions Consumption and Growth Rate (2020-2031) & (MW)

Figure 58. GCC Countries Vessel Transmissions Consumption and Growth Rate (2020-2031) & (MW)

Figure 59. Global Production Market Share of Vessel Transmissions by Type (2020-2031)

Figure 60. Global Production Value Market Share of Vessel Transmissions by Type (2020-2031)

Figure 61. Global Vessel Transmissions Price (US$/kW) by Type (2020-2031)

Figure 62. Global Production Market Share of Vessel Transmissions by Application (2020-2031)

Figure 63. Global Production Value Market Share of Vessel Transmissions by Application (2020-2031)

Figure 64. Global Vessel Transmissions Price (US$/kW) by Application (2020-2031)

Figure 65. Vessel Transmissions Value Chain

Figure 66. Channels of Distribution (Direct Vs Distribution)

Figure 67. Bottom-up and Top-down Approaches for This Report

Figure 68. Data Triangulation

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