Global Deck Machinery Market growing at a CAGR of 5.5 % from 2023 to 2030

Category : Aerospace and Defence | Published Date : May 2023

Key Market Overview

The Deck Machinery Market is poised for strong expansion and is projected to reach USD 3,707.03 Million by 2030. The market was sized at USD 2,471.42 Million in 2022 and is predicted to grow at a compound annual growth rate of 5.5% during the period 2023-2030.

The report highlights the increasing adoption of deck machinery owing to the increasing demand for safety and security of ships. Consegic Business Intelligence provides an inclusive research report on the Deck Machinery Market that evaluates multiple factors, such as market size, value, supply chain, regulatory environment, and trends.

Global Deck Machinery Market By Overview

Global Medium Voltage Switchgears Market

The report analyses significant segments such as system, product type, application, and region, to identify emerging trends and potential opportunities. The electric segment is expected to grow during the forecast period owing to the zero-emission, lesser noise, and lower response time. Additionally, electric winches save fuel when compared to similar systems that use hydraulic or other energy sources (fossil fuels based) to provide superior performance and a greater degree of reliability.

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Market Dynamics



  • The increasing demand for safety and security of ships is driving the growth of the market.
  • Advancements in deck machinery technology such as the deployment of Global Positioning System (GPS) and satellite communication systems are accelerating the growth of the deck machinery market.
  • The increasing demand for commercial and leisure ships due to growing tourism industry is contributing significantly in propelling the growth of the market.



  • The high maintenance costs associated with deck machinery is restraining the growth of the market.
  • Hydraulic oils oxidize over the time resulting in metal corrosion, thus impeding the growth of the market.

Market Segmentation:

Report Attributes Report Details
By System Electrical, Steam, and Hydraulic
By Product Type Winch, Anchoring System, Capstan, Windlass, Lifting and Handling Equipment
By Application Cargo Vessels, Oil Tankers, and Ferry
By Region North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Competitive Landscape :

The landscape for Deck Machinery Market is highly competitive with major players including AMGC, Coastal Marine Equipment, Funz San Industry, and Kawasaki Heavy Industries that have a strong market position in current market circumstances. Further, the deck machinery market is expected to witness significant growth in coming years owing to the increasing demand for safe and efficient oil transportation. The market players compete for a firm market position through mergers and acquisitions, product innovations, and business strategies. Thus, evolving research and developments in the Deck Machinery Market are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various end-use industries.

  • AMGC
  • Coastal Marine Equipment
  • Funz San Industry
  • Kawasaki Heavy Industries
  • MacGregor
  • Marine Equipment Pellegrini
  • PaR Systems
  • Rapp Marine
  • Towimor
  • TTS Group ASA
  • Wartsila