Boat control Lever Market Size, Share, and COVID-19 Impact Analysis, By Control Type (Single Lever and Dual Lever), By Mechanism (Electronic Control Lever and Mechanical Control Lever), By Vessels Type (Personal Boats, Commercial Vessels, and Military Vessels), By Sales Channel (OEM and Aftermarket), and by Regional Forecast, 2025-2032

The boat lever market is witnessing notable growth in recent years and is poised to continue expanding in the coming years. Boat levers play a critical role in controlling the throttle and gear shifting of the boats, ensuring smooth and efficient operations. As the boating market flourishes and recreational activities on water gain significant momentum and popularity, the demand for these levers will also increase. One of the essential factors contributing to the market's growth is the change in consumer behavior and a shift towards an experiential lifestyle by the young generation. Manufacturers are incorporating electronic control systems, improved performance, and digital interfaces into boat levers, offering enhanced functionality and precise control.

Overall the boat lever market is experiencing growth due to the rising interest in recreational boating, the emergence of shared boating services, and technological advancements focusing on sustainability. With the continued expansion of the industry and the increasing adoption of advanced control systems, the boat lever market is expected to grow in the foreseeable future.

Impact of COVID-19 on the Naval Inboard Engines Market

COVID-19 had a significant impact on the naval segment, and the control lever systems market was also affected by it; the disruption in the supply chain and decreased demand for boats were the significant factors restraining the market growth. Many countries worldwide implemented strict sanctions and lockdowns on the movement of components and goods, disrupting the market logistics. People staying at home and less import-export and logistics usage led to a decrease in demand for the sales service of these systems.

Post COVID-19 changes in government regulations for naval industries helped boost the production of gasoline and diesel boats. This has increased demand for ships equipped with high-performance electronic levers. The levers and levers components will grow as the naval market bounces back. As more advanced technology comes up and more boats are equipped with these levers, new technological advancements are introduced, and high-speed and efficient ships will increase, driving future growth for boat control levers manufacturers.

Key Insights

The report will cover the following key insights:

• Key Industry Developments – Mergers, Acquisitions, and Partnerships


• Porter's Five Forces Analysis.


• Technological Developments


• Impact of COVID-19 on the Boat Control Levers Market.

Analysis by Mechanism, Control, and Vessel Type

The single-lever segment with electronic control is expected to grow significantly. It will substantially increase in the near future due to its ease of use and convenience, as it allows the operator to control both throttle and gear with a single lever. Also, with the integration of electronic systems in boats, these control levers offer benefits such as improved fuel efficiency, smoother operation, and compatibility with digital displays and electronic navigation systems.

Altogether, demand for boat levers is expected to remain strong for large commercial and military vessels because these levers are more efficient and error-free than normal boat levers. They can also provide a longer lifespan and require less maintenance, making them more cost-effective in the long run. Commercial boats often require high torque and horsepower, making these levers important in engaging various subsystems, including selecting appropriate gear ratios. Moreover, these levers provide high reliability on larger commercial and military boats.

Analysis by Sales Channel

The sales channel segment includes OEM and Aftermarket. The Aftermarket channel is expected to grow as installing these levers is relatively cheaper. As the number of boats on the water increases and older boats remain in use, there is a continual demand for replacement parts. The aftermarket for naval levers benefits from the need to replace worn-out or damaged lever components. Aftermarket levers manufacturers' in-house production and standardization help in added revenue for producing these and their compatibility with manufacturing shipyards. The aftermarket is expected to continue growth during the forecast period.

Analysis by Region

To gain extensive insights into the market, Request for Customization

The demand for boat levers in the European region has shown a positive trend in recent years. Boating and water-related activities are popular recreational pursuits in Europe, driving the need for various boat accessories, including boat levers. Boat levers, also known as boat controls or throttle levers, play a crucial role in controlling the speed and direction of boats. Europe has many boating enthusiasts who engage in various water activities, such as cruising, fishing, and watersports. These activities require efficient control systems, including boat levers, to ensure safe and enjoyable experiences on the water. Growing disposable incomes and a rising interest in recreational activities have fueled consistent growth in Europe's leisure boating industry. This growth has led to higher boat sales and subsequent demand for related accessories, including boat levers.

Key Players Covered

Dometic Marine (Sweden), Uflex (U.S), ZF Friedrichshafen AG (Germany), VETUS (Netherlands), Kobelt Manufacturing Co. Ltd. (Canada), Livorsi Marine (U.S), Mercury Marine (U.S), Volvo Penta (Sweden).

Segmentation

Key Industry Developments

• Feb 2023: Volvo Penta launched a unique Dynamic Positioning System (DPS) across its twin V6 and V8 propulsion packages. With this expansion, DPS is now available in the company's complete marine leisure offer.


• Jan 2021: MAN Engines launched a new electrics case for yachts and workboats featuring a central electronics unit, bridge displays, and a throttle lever under the iSea name, with all components designed to simplify processes and operating procedures.