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Innovations in Marine Steering: The Evolving Boat Steering System Market Key Players, End User Demand and Forecasts to 2031

Innovations in Marine Steering: The Evolving Boat Steering System Market Key Players, End User Demand and Forecasts to 2031
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Boat Steering Systems Market Research Report by Propulsion System, Boat Type, Steering Type, Distribution Channel, Region - Global Forecast to 2027

Marine Steering Systems Market size to grow by USD 203 2 Mn; Market to have fragmented structure

$627 6 Million Worldwide Boat Steering Systems Industry to 2027 - Impact of COVID-19 on the Market

Share this article Share this article ResearchAndMarkets.com s offering. The publisher brings years of research experience to the 8th edition of this report. The 383-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed. Global Boat Steering Systems Market to Reach $1 Billion by 2027 Amid the COVID-19 crisis, the global market for Boat Steering Systems estimated at US$627.6 Million in the year 2020, is projected to reach a revised size of US$1 Billion by 2027, growing at a CAGR of 7% over the analysis period 2020-2027.

Global Boat Steering Systems Industry (2020 to 2027) – Market Trajectory & Analytics – ResearchAndMarkets com

ResearchAndMarkets.com’s offering. The publisher brings years of research experience to the 8th edition of this report. The 383-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed. Global Boat Steering Systems Market to Reach $1 Billion by 2027 Amid the COVID-19 crisis, the global market for Boat Steering Systems estimated at US$627.6 Million in the year 2020, is projected to reach a revised size of US$1 Billion by 2027, growing at a CAGR of 7% over the analysis period 2020-2027. Inboard, one of the segments analyzed in the report, is projected to record a 7.7% CAGR and reach US$248.9 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Outboard segment is readjusted to a revised 6.6% CAGR for the next 7-year period.

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