Global Marine Propeller Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
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.
According to our (Global Info Research) latest study, the global Marine Propeller market size was valued at US$ 400 million in 2023 and is forecast to a readjusted size of USD 482 million by 2030 with a CAGR of 2.7% during review period.
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%.
This report is a detailed and comprehensive analysis for global Marine Propeller market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Marine Propeller market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030
Global Marine Propeller market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030
Global Marine Propeller market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030
Global Marine Propeller market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Marine Propeller
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Marine Propeller market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Nakashima Propeller, MAN Diesel & Turbo, Wartsila Oyj Abp, Mitsubishi Heavy Industries, Hyundai Heavy Industries, Michigan Wheel, Kawasaki, MMG, Berg Propulsion(Caterpillar), Teignbridge, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Marine Propeller market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Controllable Pitch Propeller
Fixed Pitch Propeller
Market segment by Application
Superyachts
Small Cruise Ships
Medium Size Boats
Major players covered
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
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Marine Propeller product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Marine Propeller, with price, sales quantity, revenue, and global market share of Marine Propeller from 2019 to 2024.
Chapter 3, the Marine Propeller competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Marine Propeller breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Marine Propeller market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Marine Propeller.
Chapter 14 and 15, to describe Marine Propeller sales channel, distributors, customers, research findings and conclusion.