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Marine Base Steering Gear Market Expanding Application Areas To Drive The Global Industry Growth, 2032

Posted by Latest Market Trends on July 24, 2024 at 12:18pm 0 Comments

The global marine base steering gear market, valued at approximately USD 1.6 billion in 2020, is set for sustained expansion. Projections indicate a Compound Annual Growth Rate (CAGR) of 5% from 2022 to 2032, propelled by the robust growth of the global maritime sector. The historical significance of marine base steering gears, with roots dating back to antiquity, highlights their indispensable role in a ship's machinery ensemble.

These sophisticated apparatuses occupy a unique niche… Continue

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