Global Marine Propeller Shaft Market Growth 2025-2031

The global Marine Propeller Shaft market size is predicted to grow from US$ 476 million in 2025 to US$ 680 million in 2031; it is expected to grow at a CAGR of 6.1% from 2025 to 2031.

The marine propeller shaft is a key component of the ship"s propulsion system, which is used to transmit the engine power to the propeller to drive the ship forward. Material selection for a marine propeller shaft is critical to its performance and durability. Future development trends include the use of higher strength, more corrosion-resistant and lighter materials, such as high-strength steel, composite materials, etc., to improve the strength, durability and corrosion resistance of the shaft.

LP Information, Inc. (LPI) ' newest research report, the “Marine Propeller Shaft Industry Forecast” looks at past sales and reviews total world Marine Propeller Shaft sales in 2024, providing a comprehensive analysis by region and market sector of projected Marine Propeller Shaft sales for 2025 through 2031. With Marine Propeller Shaft sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Marine Propeller Shaft industry.

This Insight Report provides a comprehensive analysis of the global Marine Propeller Shaft landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Marine Propeller Shaft portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Marine Propeller Shaft market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Marine Propeller Shaft and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Marine Propeller Shaft.

This report presents a comprehensive overview, market shares, and growth opportunities of Marine Propeller Shaft market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Stainless Steel
Bronze
Brass
Others

Segmentation by Application:
Monohull
Multihull
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
West Mekan
MAUCOUR FRANCE
Italian Propellers
Blokland Non-Ferro
VEEM Propellers
Craftsman Marine
Bruntons Propellers
Talleres Blanchadell
CJR Propulsion
Clements Engineering
Chatfield Engineering
Tor Marine
Dalian Marine Propeller
Nantong Zhongheng Propeller

Key Questions Addressed in this Report

What is the 10-year outlook for the global Marine Propeller Shaft market?

What factors are driving Marine Propeller Shaft market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Marine Propeller Shaft market opportunities vary by end market size?

How does Marine Propeller Shaft break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.