Marine propeller is a type of fan that transmits power by converting rotational motion into thrust. A pressure difference is produced between the forward and rear surfaces of the airfoil-shaped blade, and water is accelerated behind the blade.
Mostly made of bronze, marine propeller has a very wide range of applications in most marine ships as an indispensable part of propulsion system.
A marine propeller is sometimes colloquially known as a screw propeller or screw.
This report aims to provide a comprehensive presentation of the global market for Marine Propeller, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Marine Propeller. This report contains market size and forecasts of Marine Propeller in global, including the following market information:
- Global Marine Propeller Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Marine Propeller Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Marine Propeller companies in 2022 (%)
The global Marine Propeller market was valued at US$ 387.6 million in 2022 and is projected to reach US$ 466.4 million by 2029, at a CAGR of 2.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global Marine Propeller market include Nakashima Propeller, MAN Diesel & Turbo, Wartsila Oyj Abp, etc. The top 3 players occupy about 15% shares of the global market. Europe and Japan are main markets, they occupy about 60% of the global market. Fixed Pitch Propeller is the main type, with a share about 80%. Medium Size Boats is the main application, which holds a share about 60%.
We surveyed the Marine Propeller manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Marine Propeller Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
- Controllable Pitch Propeller
- Fixed Pitch Propeller
Global Marine Propeller Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Marine Propeller Market Segment Percentages, by Application, 2022 (%)
- Superyachts
- Small Cruise Ships
- Medium Size Boats
Global Marine Propeller Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Marine Propeller Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Marine Propeller revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Marine Propeller revenues share in global market, 2022 (%)
- Key companies Marine Propeller sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Marine Propeller sales share in global market, 2022 (%)
- Further, the report presents profiles of competitors in the market, key players include:
- Nakashima Propeller
- MAN Diesel & Turbo
- Wartsila Oyj Abp
- Mitsubishi Heavy Industries
- Hyundai Heavy Industries
- Michigan Wheel
- Kawasaki
- MMG
- Berg Propulsion(Caterpillar)
- Teignbridge
- Baltic Shipyard
- Veem Limited
- Brunvoll Volda
- Rolls-Royce
- Schottel
- DMPC
- Wartsila CME
- Changzhou Zhonghai
- SMMC Marine Drive Systems
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Marine Propeller, market overview.
- Chapter 2: Global Marine Propeller market size in revenue and volume.
- Chapter 3: Detailed analysis of Marine Propeller manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Marine Propeller in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Marine Propeller capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
