Report Detail
Global Marine Transmission Supply, Demand and Key Producers, 2026-2032
- RnM4665332 |
- 19 January, 2026 |
- Global |
- 151 Pages |
- GIR |
- Machinery & Equipment
The global Marine Transmission market size is expected to reach $ 1155 million by 2032, rising at a market growth of 2.8% CAGR during the forecast period (2026-2032).
The marine transmission is a vital component of a ship's powertrain. Typically located between the engine and propeller, it comprises the main gearbox housing, reduction gears, clutch mechanism, bearings, and shafts. It is responsible for transmitting engine power to the propeller or other drive devices, regulating the ship's speed and torque to ensure smooth and efficient operation.
Marine 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, marine 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 marine 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 marine 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.
This report studies the global Marine Transmission production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Marine Transmission and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Marine Transmission that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Marine Transmission total production and demand, 2021-2032, (MW)
Global Marine Transmission total production value, 2021-2032, (USD Million)
Global Marine Transmission production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (MW), (based on production site)
Global Marine Transmission consumption by region & country, CAGR, 2021-2032 & (MW)
U.S. VS China: Marine Transmission domestic production, consumption, key domestic manufacturers and share
Global Marine Transmission production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (MW)
Global Marine Transmission production by Type, production, value, CAGR, 2021-2032, (USD Million) & (MW)
Global Marine Transmission production by Application, production, value, CAGR, 2021-2032, (USD Million) & (MW)
This report profiles key players in the global Marine Transmission market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hangzhou Advance Gearbox Group, RENK Group, ZF Friedrichshafen, REINTJES GmbH, Hitachi Nico Transmission, Flender, Chongqing Gearbox, Twin Disc, Kanzaki Kokyukoki, Hangzhou Advance Gearbox Group, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Marine Transmission market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (MW) and average price (US$/kW) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Marine Transmission Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Marine Transmission Market, Segmentation by Type:
Less than 500kW
500-2000kW
More than 2000kW
Global Marine Transmission Market, Segmentation by Application:
Leisure and Passenger Boat
Fishing Boats
Tugs and Work Ship
Cargo Ship
Others
Companies Profiled:
Hangzhou Advance Gearbox Group
RENK Group
ZF Friedrichshafen
REINTJES GmbH
Hitachi Nico Transmission
Flender
Chongqing Gearbox
Twin Disc
Kanzaki Kokyukoki
Hangzhou Advance Gearbox Group
PRM Newage Ltd
D-I Industrial
Baker Hughes
Masson Marine
ME Production
Velvet Drive Transmission
Key Questions Answered:
1. How big is the global Marine Transmission market?
2. What is the demand of the global Marine Transmission market?
3. What is the year over year growth of the global Marine Transmission market?
4. What is the production and production value of the global Marine Transmission market?
5. Who are the key producers in the global Marine Transmission market?
6. What are the growth factors driving the market demand?
1 Supply Summary
- 1.1 Marine Transmission Introduction
- 1.2 World Marine Transmission Supply & Forecast
- 1.2.1 World Marine Transmission Production Value (2021 & 2025 & 2032)
- 1.2.2 World Marine Transmission Production (2021-2032)
- 1.2.3 World Marine Transmission Pricing Trends (2021-2032)
- 1.3 World Marine Transmission Production by Region (Based on Production Site)
- 1.3.1 World Marine Transmission Production Value by Region (2021-2032)
- 1.3.2 World Marine Transmission Production by Region (2021-2032)
- 1.3.3 World Marine Transmission Average Price by Region (2021-2032)
- 1.3.4 North America Marine Transmission Production (2021-2032)
- 1.3.5 Europe Marine Transmission Production (2021-2032)
- 1.3.6 China Marine Transmission Production (2021-2032)
- 1.3.7 Japan Marine Transmission Production (2021-2032)
- 1.4 Market Drivers, Restraints and Trends
- 1.4.1 Marine Transmission Market Drivers
- 1.4.2 Factors Affecting Demand
- 1.4.3 Marine Transmission Major Market Trends
2 Demand Summary
- 2.1 World Marine Transmission Demand (2021-2032)
- 2.2 World Marine Transmission Consumption by Region
- 2.2.1 World Marine Transmission Consumption by Region (2021-2026)
- 2.2.2 World Marine Transmission Consumption Forecast by Region (2027-2032)
- 2.3 United States Marine Transmission Consumption (2021-2032)
- 2.4 China Marine Transmission Consumption (2021-2032)
- 2.5 Europe Marine Transmission Consumption (2021-2032)
- 2.6 Japan Marine Transmission Consumption (2021-2032)
- 2.7 South Korea Marine Transmission Consumption (2021-2032)
- 2.8 ASEAN Marine Transmission Consumption (2021-2032)
- 2.9 India Marine Transmission Consumption (2021-2032)
3 World Manufacturers Competitive Analysis
- 3.1 World Marine Transmission Production Value by Manufacturer (2021-2026)
- 3.2 World Marine Transmission Production by Manufacturer (2021-2026)
- 3.3 World Marine Transmission Average Price by Manufacturer (2021-2026)
- 3.4 Marine Transmission Company Evaluation Quadrant
- 3.5 Industry Rank and Concentration Rate (CR)
- 3.5.1 Global Marine Transmission Industry Rank of Major Manufacturers
- 3.5.2 Global Concentration Ratios (CR4) for Marine Transmission in 2025
- 3.5.3 Global Concentration Ratios (CR8) for Marine Transmission in 2025
- 3.6 Marine Transmission Market: Overall Company Footprint Analysis
- 3.6.1 Marine Transmission Market: Region Footprint
- 3.6.2 Marine Transmission Market: Company Product Type Footprint
- 3.6.3 Marine Transmission Market: Company Product Application Footprint
- 3.7 Competitive Environment
- 3.7.1 Historical Structure of the Industry
- 3.7.2 Barriers of Market Entry
- 3.7.3 Factors of Competition
- 3.8 New Entrant and Capacity Expansion Plans
- 3.9 Mergers, Acquisition, Agreements, and Collaborations
4 United States VS China VS Rest of the World
- 4.1 United States VS China: Marine Transmission Production Value Comparison
- 4.1.1 United States VS China: Marine Transmission Production Value Comparison (2021 & 2025 & 2032)
- 4.1.2 United States VS China: Marine Transmission Production Value Market Share Comparison (2021 & 2025 & 2032)
- 4.2 United States VS China: Marine Transmission Production Comparison
- 4.2.1 United States VS China: Marine Transmission Production Comparison (2021 & 2025 & 2032)
- 4.2.2 United States VS China: Marine Transmission Production Market Share Comparison (2021 & 2025 & 2032)
- 4.3 United States VS China: Marine Transmission Consumption Comparison
- 4.3.1 United States VS China: Marine Transmission Consumption Comparison (2021 & 2025 & 2032)
- 4.3.2 United States VS China: Marine Transmission Consumption Market Share Comparison (2021 & 2025 & 2032)
- 4.4 United States Based Marine Transmission Manufacturers and Market Share, 2021-2026
- 4.4.1 United States Based Marine Transmission Manufacturers, Headquarters and Production Site (States, Country)
- 4.4.2 United States Based Manufacturers Marine Transmission Production Value (2021-2026)
- 4.4.3 United States Based Manufacturers Marine Transmission Production (2021-2026)
- 4.5 China Based Marine Transmission Manufacturers and Market Share
- 4.5.1 China Based Marine Transmission Manufacturers, Headquarters and Production Site (Province, Country)
- 4.5.2 China Based Manufacturers Marine Transmission Production Value (2021-2026)
- 4.5.3 China Based Manufacturers Marine Transmission Production (2021-2026)
- 4.6 Rest of World Based Marine Transmission Manufacturers and Market Share, 2021-2026
- 4.6.1 Rest of World Based Marine Transmission Manufacturers, Headquarters and Production Site (State, Country)
- 4.6.2 Rest of World Based Manufacturers Marine Transmission Production Value (2021-2026)
- 4.6.3 Rest of World Based Manufacturers Marine Transmission Production (2021-2026)
5 Market Analysis by Type
- 5.1 World Marine Transmission Market Size Overview by Type: 2021 VS 2025 VS 2032
- 5.2 Segment Introduction by Type
- 5.2.1 Less than 500kW
- 5.2.2 500-2000kW
- 5.2.3 More than 2000kW
- 5.3 Market Segment by Type
- 5.3.1 World Marine Transmission Production by Type (2021-2032)
- 5.3.2 World Marine Transmission Production Value by Type (2021-2032)
- 5.3.3 World Marine Transmission Average Price by Type (2021-2032)
6 Market Analysis by Application
- 6.1 World Marine Transmission Market Size Overview by Application: 2021 VS 2025 VS 2032
- 6.2 Segment Introduction by Application
- 6.2.1 Leisure and Passenger Boat
- 6.2.2 Fishing Boats
- 6.2.3 Tugs and Work Ship
- 6.2.4 Cargo Ship
- 6.2.5 Others
- 6.3 Market Segment by Application
- 6.3.1 World Marine Transmission Production by Application (2021-2032)
- 6.3.2 World Marine Transmission Production Value by Application (2021-2032)
- 6.3.3 World Marine Transmission Average Price by Application (2021-2032)
7 Company Profiles
- 7.1 Hangzhou Advance Gearbox Group
- 7.1.1 Hangzhou Advance Gearbox Group Details
- 7.1.2 Hangzhou Advance Gearbox Group Major Business
- 7.1.3 Hangzhou Advance Gearbox Group Marine Transmission Product and Services
- 7.1.4 Hangzhou Advance Gearbox Group Marine Transmission Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.1.5 Hangzhou Advance Gearbox Group Recent Developments/Updates
- 7.1.6 Hangzhou Advance Gearbox Group Competitive Strengths & Weaknesses
- 7.2 RENK Group
- 7.2.1 RENK Group Details
- 7.2.2 RENK Group Major Business
- 7.2.3 RENK Group Marine Transmission Product and Services
- 7.2.4 RENK Group Marine Transmission Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.2.5 RENK Group Recent Developments/Updates
- 7.2.6 RENK Group Competitive Strengths & Weaknesses
- 7.3 ZF Friedrichshafen
- 7.3.1 ZF Friedrichshafen Details
- 7.3.2 ZF Friedrichshafen Major Business
- 7.3.3 ZF Friedrichshafen Marine Transmission Product and Services
- 7.3.4 ZF Friedrichshafen Marine Transmission Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.3.5 ZF Friedrichshafen Recent Developments/Updates
- 7.3.6 ZF Friedrichshafen Competitive Strengths & Weaknesses
- 7.4 REINTJES GmbH
- 7.4.1 REINTJES GmbH Details
- 7.4.2 REINTJES GmbH Major Business
- 7.4.3 REINTJES GmbH Marine Transmission Product and Services
- 7.4.4 REINTJES GmbH Marine Transmission Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.4.5 REINTJES GmbH Recent Developments/Updates
- 7.4.6 REINTJES GmbH Competitive Strengths & Weaknesses
- 7.5 Hitachi Nico Transmission
- 7.5.1 Hitachi Nico Transmission Details
- 7.5.2 Hitachi Nico Transmission Major Business
- 7.5.3 Hitachi Nico Transmission Marine Transmission Product and Services
- 7.5.4 Hitachi Nico Transmission Marine Transmission Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.5.5 Hitachi Nico Transmission Recent Developments/Updates
- 7.5.6 Hitachi Nico Transmission Competitive Strengths & Weaknesses
- 7.6 Flender
- 7.6.1 Flender Details
- 7.6.2 Flender Major Business
- 7.6.3 Flender Marine Transmission Product and Services
- 7.6.4 Flender Marine Transmission Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.6.5 Flender Recent Developments/Updates
- 7.6.6 Flender Competitive Strengths & Weaknesses
- 7.7 Chongqing Gearbox
- 7.7.1 Chongqing Gearbox Details
- 7.7.2 Chongqing Gearbox Major Business
- 7.7.3 Chongqing Gearbox Marine Transmission Product and Services
- 7.7.4 Chongqing Gearbox Marine Transmission Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.7.5 Chongqing Gearbox Recent Developments/Updates
- 7.7.6 Chongqing Gearbox Competitive Strengths & Weaknesses
- 7.8 Twin Disc
- 7.8.1 Twin Disc Details
- 7.8.2 Twin Disc Major Business
- 7.8.3 Twin Disc Marine Transmission Product and Services
- 7.8.4 Twin Disc Marine Transmission Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.8.5 Twin Disc Recent Developments/Updates
- 7.8.6 Twin Disc Competitive Strengths & Weaknesses
- 7.9 Kanzaki Kokyukoki
- 7.9.1 Kanzaki Kokyukoki Details
- 7.9.2 Kanzaki Kokyukoki Major Business
- 7.9.3 Kanzaki Kokyukoki Marine Transmission Product and Services
- 7.9.4 Kanzaki Kokyukoki Marine Transmission Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.9.5 Kanzaki Kokyukoki Recent Developments/Updates
- 7.9.6 Kanzaki Kokyukoki Competitive Strengths & Weaknesses
- 7.10 Hangzhou Advance Gearbox Group
- 7.10.1 Hangzhou Advance Gearbox Group Details
- 7.10.2 Hangzhou Advance Gearbox Group Major Business
- 7.10.3 Hangzhou Advance Gearbox Group Marine Transmission Product and Services
- 7.10.4 Hangzhou Advance Gearbox Group Marine Transmission Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.10.5 Hangzhou Advance Gearbox Group Recent Developments/Updates
- 7.10.6 Hangzhou Advance Gearbox Group Competitive Strengths & Weaknesses
- 7.11 PRM Newage Ltd
- 7.11.1 PRM Newage Ltd Details
- 7.11.2 PRM Newage Ltd Major Business
- 7.11.3 PRM Newage Ltd Marine Transmission Product and Services
- 7.11.4 PRM Newage Ltd Marine Transmission Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.11.5 PRM Newage Ltd Recent Developments/Updates
- 7.11.6 PRM Newage Ltd Competitive Strengths & Weaknesses
- 7.12 D-I Industrial
- 7.12.1 D-I Industrial Details
- 7.12.2 D-I Industrial Major Business
- 7.12.3 D-I Industrial Marine Transmission Product and Services
- 7.12.4 D-I Industrial Marine Transmission Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.12.5 D-I Industrial Recent Developments/Updates
- 7.12.6 D-I Industrial Competitive Strengths & Weaknesses
- 7.13 Baker Hughes
- 7.13.1 Baker Hughes Details
- 7.13.2 Baker Hughes Major Business
- 7.13.3 Baker Hughes Marine Transmission Product and Services
- 7.13.4 Baker Hughes Marine Transmission Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.13.5 Baker Hughes Recent Developments/Updates
- 7.13.6 Baker Hughes Competitive Strengths & Weaknesses
- 7.14 Masson Marine
- 7.14.1 Masson Marine Details
- 7.14.2 Masson Marine Major Business
- 7.14.3 Masson Marine Marine Transmission Product and Services
- 7.14.4 Masson Marine Marine Transmission Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.14.5 Masson Marine Recent Developments/Updates
- 7.14.6 Masson Marine Competitive Strengths & Weaknesses
- 7.15 ME Production
- 7.15.1 ME Production Details
- 7.15.2 ME Production Major Business
- 7.15.3 ME Production Marine Transmission Product and Services
- 7.15.4 ME Production Marine Transmission Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.15.5 ME Production Recent Developments/Updates
- 7.15.6 ME Production Competitive Strengths & Weaknesses
- 7.16 Velvet Drive Transmission
- 7.16.1 Velvet Drive Transmission Details
- 7.16.2 Velvet Drive Transmission Major Business
- 7.16.3 Velvet Drive Transmission Marine Transmission Product and Services
- 7.16.4 Velvet Drive Transmission Marine Transmission Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.16.5 Velvet Drive Transmission Recent Developments/Updates
- 7.16.6 Velvet Drive Transmission Competitive Strengths & Weaknesses
8 Industry Chain Analysis
- 8.1 Marine Transmission Industry Chain
- 8.2 Marine Transmission Upstream Analysis
- 8.2.1 Marine Transmission Core Raw Materials
- 8.2.2 Main Manufacturers of Marine Transmission Core Raw Materials
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis
- 8.5 Marine Transmission Production Mode
- 8.6 Marine Transmission Procurement Model
- 8.7 Marine Transmission Industry Sales Model and Sales Channels
- 8.7.1 Marine Transmission Sales Model
- 8.7.2 Marine Transmission Typical Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Methodology
- 10.2 Research Process and Data Source
Summary:
Get latest Market Research Reports on Marine Transmission. Industry analysis & Market Report on Marine Transmission is a syndicated market report, published as Global Marine Transmission Supply, Demand and Key Producers, 2026-2032. It is complete Research Study and Industry Analysis of Marine Transmission market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
REPORT YOU MIGHT BE INTERESTED
Related Reports
Reason to Buy
Reports and Markets
Contact Us
+1-352-353-0818 (US)Newsletter
KEEP UP TO DATE ON ALL THE LATEST REPORTS
