In this report, the Global Marine Propeller market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. Global Marine Propeller market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.
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.
Europe and Asia-Pacific (China, Japan and South Korea), is the main production base of marine propeller, key manufacturers: Nakashima Propeller
Hyundai Heavy Industries, Rolls-Royce, Wartsila Oyj Abp, Schottel., MAN Diesel & Turbo, Mitsubishi Heavy Industries, Kawasaki, MMG, Berg Propulsion (Cat), Baltic Shipyard, Scana Volda, Veem, Teignbridge, DMPC, Wartsila CME, Changzhou Zhonghai, Wuhan Kawasaki Marine are all located here. The production of marine propeller was 86078 Tons in 2014, of which 85.37% is produced in Europe, and Asia-Pacific.
Market Analysis and Insights: Global Marine Propeller Market
In 2019, the global Marine Propeller market size was US$ 372.8 million and it is expected to reach US$ 386.2 million by the end of 2026, with a CAGR of 0.5% during 2021-2026.
Global Marine Propeller Scope and Market Size
Marine Propeller market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Marine Propeller market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Marine Propeller market is segmented into
Controllable pitch propeller
Fixed pitch propeller
Segment by Application, the Marine Propeller market is segmented into
Small cruise ships
Medium size boats
Regional and Country-level Analysis:
Rest of Asia-Pacific
Rest of Europe
Rest of Latin America
Middle East & Africa
Rest of MEA
Competitive Landscape and Marine Propeller Market Share Analysis
Marine Propeller market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Marine Propeller product introduction, recent developments, Marine Propeller sales by region, type, application and by sales channel.
The major companies include:
MAN Diesel & Turbo
Wartsila Oyj Abp
Mitsubishi Heavy Industries
Hyundai Heavy Industries
SMMC Marine Drive Systems
Reasons to Buy This Research Report
- Complete access to Global Marine Propeller market size, growth rate and forecast to 2026
- In-depth quantitative information on key regional Global Marine Propeller markets including North America, Europe, MEA and Asia Pacific
- Global Marine Propeller Market estimates and forecasts for key products/applications on a regional basis
- Facility to obtain country level information for complete Global Marine Propeller market segmentation
- Key trends, drivers and restraints for global Global Marine Propeller market
- Challenges to market growth for Global Marine Propeller manufacturers
- Key market opportunities of Global Marine Propeller Industry
About Crystal Market Reports
Crystal Market Reports is a distributor of market research spanning 160 industries. Our extensive database consists of over 400,000 quality publications sourced from 400 plus publishers, this puts our research specialists in the unique position of been able to offer truly unbiased advice on what research provides the most valuable insights.