According to our (Global Info Research) latest study, the global Electro-hydraulic Steering Gear market size was valued at US$ 2915 million in 2025 and is forecast to a readjusted size of US$ 4021 million by 2032 with a CAGR of 4.7% during review period.
In 2025, global Electro-hydraulic Steering Gear production reached approximately 94k units, with an average global market price of around US$30k per unit.
An electro-hydraulic steering gear uses an electric motor-driven hydraulic power unit to pressurize oil and actuate hydraulic rams or rotary-vane mechanisms that turn the rudder via the tiller/stock, enabling precise and responsive ship steering. It typically consists of a power unit (motor+pump+reservoir/filters), an actuator set (ram or rotary vane), and a control/follow-up system (bridge/local control, feedback sensors, alarms/interlocks), with redundancy and fail-safe design emphasized; in marine applications, SOLAS specifies additional requirements for electric/electro-hydraulic steering gears (e.g., power supply circuits and independent control systems).
Upstream inputs include hydraulics and sealing (pumps/valves/cylinders/hoses/seals), motors and controls (motors, starters/protection, PLC/IO, sensors), mechanical structures (cast/forged housings, linkages/tillers, bearings), and hydraulic fluids/filtration. Representative supplier ecosystems include Bosch Rexroth, Parker Hannifin, SKF, and ABB. Midstream consists of steering-gear OEMs/system integrators delivering the steering gear, control panels and follow-up systems under class certification; Wärtsilä provides commonly used taxonomy of steering gear types. Downstream customers are shipyards and vessel owners/operators (merchant, offshore, workboats, etc.), with procurement tightly tied to class rules, maneuverability requirements, and acceptance testing.
The electro-hydraulic steering gear market is shaped by “regulation-anchored essential demand plus system-integration upgrades.” Newbuild and retrofit cycles in merchant and workboat segments, together with SOLAS/class requirements around redundancy, independent control systems, power-supply circuits, and testing drills, keep steering gear a compliance-critical system. Competition is increasingly moving beyond mechanical/hydraulic robustness toward controls and maintainability—condition monitoring (pressure/temperature/valve position/motor load), diagnostics and remote support interfaces, and tighter integration with autopilots and bridge/engine monitoring systems. Electrification and efficiency targets also encourage more efficient pump/control strategies (e.g., VFD-driven units) and designs that reduce leakage and improve seal life. Key drivers include fleet renewal, high-reliability maneuverability needs in special-purpose/offshore vessels, and lifecycle O&M optimization. Headwinds include shipping-cycle volatility, strong shipyard cost pressure, engineering cost inflation from class/ship-type customization, and supply variability of critical purchased components (high-end valves, seals, controllers) impacting lead time and cost. Overall, buyers value “proven reliability + compliance certification + delivery/service capability” as much as headline specs.
This report is a detailed and comprehensive analysis for global Electro-hydraulic Steering Gear market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Electro-hydraulic Steering Gear market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Electro-hydraulic Steering Gear market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Electro-hydraulic Steering Gear market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Electro-hydraulic Steering Gear market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Electro-hydraulic Steering Gear
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Electro-hydraulic Steering Gear market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Mitsubishi Heavy Industries, Kawasaki, HyDrive Engineering, Hydrodrive, Damen Marine Components, Jastram Engineering, Lewmar, Dana Incorporated, Poclain Hydraulics, Lloyds Engineering Works, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Electro-hydraulic Steering Gear market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Reciprocating
Rotary
Market segment by Control Components
Valve-Controlled Type
Pump-Controlled Type
Market segment by Steering Method
Electric
Manual
Market segment by Application
Merchant Ships
Engineering Vessels
Military Ships
Others
Major players covered
Mitsubishi Heavy Industries
Kawasaki
HyDrive Engineering
Hydrodrive
Damen Marine Components
Jastram Engineering
Lewmar
Dana Incorporated
Poclain Hydraulics
Lloyds Engineering Works
Wuhan Marine Machinery
CSSC Chongqing Hydraulic Mechanical-Electronical
China Transmission
Dongzhou Marine Equipment
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electro-hydraulic Steering Gear product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electro-hydraulic Steering Gear, with price, sales quantity, revenue, and global market share of Electro-hydraulic Steering Gear from 2021 to 2026.
Chapter 3, the Electro-hydraulic Steering Gear competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electro-hydraulic Steering Gear breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Electro-hydraulic Steering Gear market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electro-hydraulic Steering Gear.
Chapter 14 and 15, to describe Electro-hydraulic Steering Gear sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Electro-hydraulic Steering Gear. Industry analysis & Market Report on Electro-hydraulic Steering Gear is a syndicated market report, published as Global Electro-hydraulic Steering Gear Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Electro-hydraulic Steering Gear market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.