Marine manifolds and risers are among the important parts of marine propulsion systems. Manifolds and risers are formed by metal casting and are connected to the side of every cylinder bank. Risers are inverted "U" shaped components located at the end of each manifold in Chrysler engines and on MerCruiser engines.
They are centered on the top of the manifold and if the engine is at the higher side from waterline, the riser slopes down from the end of the manifold. Manifolds and risers are used to separate exhaust gasses from the engine blocks in an inboard engine.
They also separate exhaust gasses and cooling water till they exit the riser because if water finds its way to the gas chamber, owing to a leakage in the water jacket, it will sweep into the engine cylinder and seize the piston with rust. This happens because engine cylinders cannot compress water. In short, marine manifolds and risers help in the efficient working of an engine and prevent the premature death of the engine.
The growth of seaborne trade has fueled the demand for cargo and ships in the recent past, which is anticipated to boost the shipbuilding industry in the coming years. This, in turn, is expected to propel the demand for marine manifolds and risers. Growth in imports and exports, owing to globalization, is another driver associated with the marine manifolds and risers market.
The repair and maintenance of components are expected to be future opportunities. Key market participants associated with the marine manifolds and risers market will be concentrating on the development of existing products available in the market. Naval fleet development by countries, such as China, Russia, and India, is expected to boost the market for marine manifolds and risers.
However, high initial investment and stringent environmental rules & regulations governing the setup of a new manufacturing facility will hamper the growth of the marine manifolds and risers market during the forecast period.
In terms of production, Asia Pacific, Western Europe and North America together are expected to hold a major share in the global marine manifolds and risers market, owing to established infrastructure and technical know-how. In terms of consumption of marine manifolds and risers, Europe and Asia Pacific are expected to dominate the global market.
North America has a high number of wealthy individuals who indulge in expensive boats and yachts, which is expected to boost the market for marine manifolds and risers. Also, the increase in global seaborne trade in countries like China, India, and USA is expected to boost the demand for marine manifolds and risers market.
Examples of some of the market participants in the marine manifolds and risers market include:
In terms of product offerings, perennial research & development in product design to provide high operating efficiency and compact engine assemblies has been undertaken by the manufacturers. The marketing process is based on B-2-B model, which involves showcasing of new prototypes on market platforms such as Expo Fairs and via media & communications, which have been the marketing and promotion activities followed by the global Marine Manifolds and Risers Market participants.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Global marine manifolds and risers market can be segmented based on the product type, material and applications.
Based on output power rating, the global marine manifolds and risers market can be segmented as:
Based on type, the global marine manifolds and risers market can be segmented as:
Based on application, the global marine manifolds and risers market can be segmented as:
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