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Marine Propeller Market, by Propeller Type (Fixed Pitch Propeller, Controllable Pitch Propeller, Ducted Propeller), Number of Blades (3, 4, 5), Ship Type (Merchant, Naval) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022

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Marine Propellers are meant to ease the movement of ships across large water bodies. Propellers are usually present at the rear end of the ships and look like electric fans. They work by converting rotational energy into thrust. Propellers can be 3 blades or 4 blades and can be used in multiple numbers if required. The marine propeller market is bound to grow globally because government is investing on shipbuilding industry and inland waterways. This report studies the current and future aspects of the marine propeller market. Metals such as nickel, aluminum, bronze and manganese are used more durable and corrosion resistant propeller production.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the marine propeller market. The scope of this report covers the marine propeller market by its major segments, which include the types, applications, and the major geographic regions.

KEY BENEFITS OF THE REPORT

  • In-depth analysis of the market ecosystem and its impact on the revenue growth
  • Understanding of the strategies that are being adopted by the key players in this market to stay competitive
  • Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

  • The marine propeller market is growing globally due to factors such as rise in international sea-linked trade, and growth of the shipbuilding industry. Maritime tourism is also contributing towards the market growth. Research and development in marine propulsion systems and innovating light weight technology is opening newer opportunities for the marine propeller market.
  • Marine propeller manufacturers are facing problems such as vibration, cavitation, tip erosion and high fuel consumption which if not sorted can hamper the growth of the market. Also, huge capital investment required for a new set up and fluctuating prices of the raw material are some market restraints hindering the growth of marine propeller market.

The marine propeller market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The Asia-Pacific region holds the highest market share and is the largest revenue contributor of the marine propeller market. There are many shipbuilding industries in countries like China and South Korea. Also, there are several international trading of crude oil going on from the Middle-East countries to Asia-Pacific region which is also promoting the growth of the market.

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s marine propeller market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.

To know about the assumptions considered for the study, Download PDF Sample.

MARKET SEGMENTATION

This report analyzes the marine propeller market by the following segments:

  • Marine Propeller Market, by Propeller Type
    • Fixed Pitch Propeller
    • Controllable Pitch Propeller
    • Ducted Propeller
  • Marine Propeller Market, by Number of Blades
    • 3
    • 4
    • 5
    • Others
  • Marine Propeller Market, by Ship Type
    • Merchant
    • Naval
    • Others

KEY MARKET PLAYERS

Key players in the marine propeller market include:

  • Rolls-Royce Holdings PLC 
  • Wartsila OYJ ABP 
  • Hyundai Heavy Industries Co., Ltd 
  • Mitsubishi Heavy Industries Limited 
  • Caterpillar Inc. 
  • Man Se Corporation 
  • Schottel Group 
  • Mecklenburger Metallguss Gmbh. 
  • Veem Ltd. 
  • Schaffran Propeller 
  • Nakashima Propeller Co. Ltd.

GEOGRAPHIC COVERAGE AND ANALYSIS

This granular market research report covers the following geographic regions in great detail:

  • NORTH AMERICA
    • U.S.
    • Rest of North America
  • EUROPE
    • France
    • Germany
    • U.K.
    • Rest of Europe
  • ASIA-PACIFIC
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • MIDDLE EAST & AFRICA
    • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa
  • LATIN AMERICA
    • Brazil
    • Rest of Latin America

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  1. MARKET OVERVIEW
    1. Market Definitions
    2. Research Methodology
    3. Market Segmentation
  2. EXECUTIVE SUMMARY
  3. MARKET DYNAMICS
    1. Drivers
    2. Restraints
    3. Opportunities
    4. Premium Industry Trends
  4. INDUSTRY ANALYSIS
    1. Value Chain Analysis
    2. Technology Roadmap
  5. MARINE PROPELLER MARKET, BY PROPELLER TYPE
    1. Segment Share
    2. By Propeller Type
      1. Fixed Pitch Propeller
      2. Controllable Pitch Propeller
      3. Ducted Propeller
  6. MARINE PROPELLER MARKET, BY NUMBER OF BLADES
    1. Segment Share
    2. BY Number of Blades
      1. 3
      2. 4
      3. 5
      4. Others
  7. MARINE PROPELLER MARKET, BY SHIP TYPE
    1. Segment Share
    2. By Ship Type
      1. Merchant
      2. Naval
      3. Others
  8. MARINE PROPELLER MARKET, BY GEOGRAPHY
    1. Segment Share
    2. North America
      1. By Regions
        1. U.S.
        2. Rest of North America
      2. By Propeller
      3. By Number of Blades
      4. By Ship Type
    3. Europe
      1. By Region
        1. France
        2. Germany
        3. U.K.
        4. Rest of Europe
      2. By Propeller
      3. By Number of Blades
      4. By Ship Type
    4. Asia-Pacific
      1. By Region
        1. China
        2. India
        3. Japan
        4. Rest of Asia-Pacific
      2. By Propeller
      3. By Number of Blades
      4. By Ship Type
    5. Middle East & Africa
      1. By Region
        1. GCC
        2. North Africa
        3. South Africa
        4. Rest of Middle East & Africa
      2. By Propeller
      3. By Number of Blades
      4. By Ship Type
    6. Latin America
      1. By Region
        1. Brazil
        2. Rest of Latin America
      2. By Propeller
      3. By Number of Blades
      4. By Ship Type
  9. COMPETITIVE LANDSCAPE
    1. Market Positioning of Key Players, 2016
    2. Key Innovators
  10. KEY MARKET PLAYERS
    1. Rolls-Royce Holdings PLC
      1. Overview
      2. Key Strategies
      3. Key Developments 
    2. Wartsila OYJ ABP
      1. Overview
      2. Key Strategies
      3. Key Developments 
    3. Hyundai Heavy Industries Co., Ltd
      1. Overview
      2. Key Strategies
      3. Key Developments 
    4. Mitsubishi Heavy Industries Limited
      1. Overview
      2. Key Strategies
      3. Key Developments 
    5. Caterpillar Inc.
      1. Overview
      2. Key Strategies
      3. Key Developments 
    6. Man Se Corporation
      1. Overview
      2. Key Strategies
      3. Key Developments 
    7. Schottel Group 
      1. Overview
      2. Key Strategies
      3. Key Developments
    8. Mecklenburger Metallguss Gmbh. 
      1. Overview
      2. Key Strategies
      3. Key Developments
    9. Veem Ltd.
      1. Overview
      2. Key Strategies
      3. Key Developments 
    10. Schaffran Propeller
      1. Overview
      2. Key Strategies
      3. Key Developments 
    11. Nakashima Propeller Co. Ltd.
      1. Overview
      2. Key Strategies
      3. Key Developments
  11. SCALAR 360 DEGREE MARKET PERSPECTIVE
  12. APPENDIX
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