Global Marine Propellers Market | Growth, Companies, Value, Size, Outlook, Share, Industry, Forecast, Revenue, Trends, Analysis & COVID-19 IMPACT

Market Forecast By Application (Merchant Ships, Naval Ships, Recreational Boats, Others), By Number of Blades (3-blade, 4-blade, 5-blade, Others), By End User (OEM, Aftermarket), By Propulsion (Inboard, Outboard, Sterndrive, Others), By Material (Stainless Steel, Aluminium, Bronze, Nickel-Aluminium Bronze, Others), By Regions (Asia Pacific, North America, Latin America, Middle East, Africa And Europe) And Competitive Landscape

Product Code: ETC115013 Publication Date: Sep 2021 Product Type: Report
Publisher: 6Wresearch No. of Pages: 300 No. of Figures: 90 No. of Tables: 30

Global Marine Propellers Market is anticipated to gain strong growth projections in the coming time zone. Marine transport is the pillar of international trade. It is considered to be cheap among all other means of transport. Ships play a vital role in maritime transport. For a ship to locomote, it needs propellers, therefore the demand for marine propellers will increase as long as there is marine trade. Navy ships also use these propellers. According to the United Nation Conference on Trade and Development Maritime trade is growing at a rate of 4% year by year which is the fastest rate in the last five years. An increase in the demand for the E-Commerce industry will also increase the demand for marine trading. This will contribute to the growth of the Global Marine Propellers Market. Numerous environmental regulation and policies in various countries for the intensity of emission from the propellers will restrict the use of various propellers in those market. It is hard to design a propeller that emits low carbon pollutants. The number of shipbuilding projects was reduced during the COVID-19 period, this affected the marine propellers market to a larger extent.

According to 6Wresearch, the Global Marine Propellers Market size is anticipated to register growth during 2021-2027. In terms of region, Asia Pacific has the highest market size of 60% of the worldwide market. The Asia pacific shipbuilding industry consists of the construction of complex naval vessels, such as cruise ships, ferries, mega yachts, submarines, and dredgers. China and Japan are the leading countries in the Asia Pacific market. Some key players in the Asia Pacific market are Hyundai Heavy Industries, Rolls-Royce, Wartsila Oyj Abp, Schottel., MAN Diesel and Turbo. Currently, there is an increase in demand for shipbuilding projects in the European region. The market share of the European region is estimated to increase in the next 5 years. The share of the North American region is also said to expand over the next 3 years. Some of the main players of the North America region are Rolls-Royce, Schottel, DMPC, Wartsila CME, Changzhou Zhonghai and SMMC Marine Drive Systems. Among these Rolls-Royce has the highest share.

The global marine propellers market is estimated to be USD 4.17 Billion in 2019 and it is forecasted to reach USD 5.37 billion by 2022. During its forecast period, the CAGR is estimated to be 2.56% and it is said to increase in the next few years. This market can be categorized into three segments, first based on blades which include 3-blade, 4-blade, 5-blade, among these, 5 blade is the most efficient and commonly used in various shipbuilding projects, it has a share of 60% in the market. The second is based on a propulsion system which consists of inboard, outboard and sterndrive, among these outboard propulsion systems is used in various cargo and navy ships. The third is based on material type which includes aluminium, steel and nickel alloy. Steel type propellers are mostly used in yachts and small ships. Nickel alloy is mainly used in cargo ships, it prevents rusting of the propeller, it has the highest share of 65% compared to others.

The Global Marine propellers Market report thoroughly covers the market by marine propellers type, applications, and regions including Asia Pacific, Europe, North America, Latin America and the Middle East and Africa. The Global marine propellers market outlook report provides an unbiased and detailed analysis of the ongoing Global Marine Propellers market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Markets Covered

The market report covers the following market segments:

  • By Type
    • Propellers
    • Thrusters
    • Others
  • By Application
    • Naval Ships
    • Merchant Ships
    • Recreational Ships
    • Others
  • By Number of Blades
    • 3-Blade
    • 4-Blade
    • 5-Blade
    • Others
  • By End user
    • OEM
    • Aftermarket
  • By Propulsion
    • Inboard
    • Outboard
    • Sterndrive
    • Others
  • By Material
    • Stainless Steel
    • Bronze
    • Aluminium
    • Nickel-Aluminium Bronze
    • Others
  • By Regions
    • Europe
    • Middle East
    • Africa
    • Asia Pacific
    • Latin America
    • North America

Other Key Reports Available:

Reports
 North America Marine Propellers Market   Asia Pacific Marine Propellers Market 
 Latin America Marine Propellers Market   Middle East Marine Propellers Market 
 Europe Marine Propellers Market   Africa Marine Propellers Market 
Frequently Asked Questions About the Market Study (FAQs):

Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

1. Executive Summary

2. Introduction

2.1. Key Highlights of the Report

2.2. Report Description  

2.3. Market Scope & Segmentation

2.4. Research Methodology  

2.5. Assumptions   

3. Global Marine Propellers Market Overview

3.1. Global Regional Macro Economic Indicators

3.2. Global Marine Propellers Market Revenues & Volume, 2020 & 2027F

3.3. Global Marine Propellers Market - Industry Life Cycle 

3.4. Global Marine Propellers Market - Porter's Five Forces 

3.5. Global Marine Propellers Market Revenues & Volume Share, By Number of Blades, 2020 & 2027F

3.6. Global Marine Propellers Market Revenues & Volume Share, By Type, 2020 & 2027F

3.7. Global Marine Propellers Market Revenues & Volume Share, By Application, 2020 & 2027F

3.7. Global Marine Propellers Market Revenues & Volume Share, By End user, 2020 & 2027F

3.7. Global Marine Propellers Market Revenues & Volume Share, By Material, 2020 & 2027F

3.7. Global Marine Propellers Market Revenues & Volume Share, By Propulsion, 2020 & 2027F

4. Global Marine Propellers Market Overview, By Type  

4.1. Global Marine Propellers Market Revenues & Volume, By Propellers, 2020 & 2027F

4.2. Global Marine Propellers Market Revenues & Volume, By Thrusters, 2020 & 2027F

4.3. Global Marine Propellers Market Revenues & Volume, By Others, 2020 & 2027F

5. Global Marine Propellers Market Overview, By Application     

5.1. Global Marine Propellers Market Revenues & Volume, By Merchant Ships, 2020 & 2027F

5.2. Global Marine Propellers Market Revenues & Volume, By Naval Ships, 2020 & 2027F

5.3. Global Marine Propellers Market Revenues & Volume, By Recreational Boats, 2020 & 2027F

5.4. Global Marine Propellers Market Revenues & Volume, By Others, 2020 & 2027F

6. Global Marine Propellers Market Overview, By End user     

6.1. Global Marine Propellers Market Revenues & Volume, By OEM, 2020 & 2027F

6.2. Global Marine Propellers Market Revenues & Volume, By Aftermarket, 2020 & 2027F

7. Global Marine Propellers Market Overview, By Propulsion     

7.1. Global Marine Propellers Market Revenues & Volume, By Inboard, 2020 & 2027F

7.2. Global Marine Propellers Market Revenues & Volume, By Outboard, 2020 & 2027F

7.3. Global Marine Propellers Market Revenues & Volume, By Sterndrive, 2020 & 2027F

7.4. Global Marine Propellers Market Revenues & Volume, By Others, 2020 & 2027F

8. Global Marine Propellers Market Overview, By Material  

8.1. Global Marine Propellers Market Revenues & Volume, By Stainless Steel, 2020 & 2027F

8.2. Global Marine Propellers Market Revenues & Volume, By Aluminium, 2020 & 2027F

8.3. Global Marine Propellers Market Revenues & Volume, By Bronze, 2020 & 2027F

8.4. Global Marine Propellers Market Revenues & Volume, By Nickel-Aluminium Bronze, 2020 & 2027F

8.5. Global Marine Propellers Market Revenues & Volume, By Others, 2020 & 2027F

9. Global Marine Propellers Market Overview, By Number of Blades

9.1. Global Marine Propellers Market Revenues & Volume, By 3-Blade, 2020 & 2027F

9.2. Global Marine Propellers Market Revenues & Volume, By 4-Blade, 2020 & 2027F

9.3. Global Marine Propellers Market Revenues & Volume, By 9-Blade, 2020 & 2027F

10. Global Marine Propellers Market Dynamics       

10.1. Impact Analysis         

10.2. Market Drivers         

10.3. Market Restraints         

11. Global Marine Propellers Market Trends       

12. Global Marine Propellers Market, 2017 - 2027     

12.1. Global Marine Propellers Market Revenues & Volume Share, By Number of Blades, 2020 & 2027F

12.2. Global Marine Propellers Market Revenues & Volume Share, By Type, 2020 & 2027F

12.3. Global Marine Propellers Market Revenues & Volume Share, By Application, 2020 & 2027F

12.4. Global Marine Propellers Market Revenues & Volume Share, By End user, 2020 & 2027F

12.5. Global Marine Propellers Market Revenues & Volume Share, By Material, 2020 & 2027F

12.6. Global Marine Propellers Market Revenues & Volume Share, By Propulsion, 2020 & 2027F

12.7. Global Marine Propellers Market, Revenues & Volume, By Countries, 2017 - 2027

13. North America Marine Propellers Market, 2017 - 2027    

13.1. North America Marine Propellers Market Revenues & Volume Share, By Number of Blades, 2020 & 2027F

13.2. North America Marine Propellers Market Revenues & Volume Share, By Type, 2020 & 2027F

13.3. North America Marine Propellers Market Revenues & Volume Share, By Application, 2020 & 2027F

13.4. North America Marine Propellers Market Revenues & Volume Share, By End user, 2020 & 2027F

13.5. North America Marine Propellers Market Revenues & Volume Share, By Material, 2020 & 2027F

13.6. North America Marine Propellers Market Revenues & Volume Share, By Propulsion, 2020 & 2027F

13.6. North America Marine Propellers Market, Revenues & Volume, By Countries, 2017 - 2027

14. Latin America Marine Propellers Market, 2017 - 2027    

14.1. Latin America Marine Propellers Market Revenues & Volume Share, By Number of Blades, 2020 & 2027F

14.2. Latin America Marine Propellers Market Revenues & Volume Share, By Type, 2020 & 2027F

14.3. Latin America Marine Propellers Market Revenues & Volume Share, By Application, 2020 & 2027F

14.4. Latin America Marine Propellers Market Revenues & Volume Share, By End user, 2020 & 2027F

14.5. Latin America Marine Propellers Market Revenues & Volume Share, By Material, 2020 & 2027F

14.6. Latin America Marine Propellers Market Revenues & Volume Share, By Propulsion, 2020 & 2027F

14.7. Latin America Marine Propellers Market, Revenues & Volume, By Countries, 2017 - 2027

15. Middle East Marine Propellers Market, 2017 - 2027    

15.1. Middle East Marine Propellers Market Revenues & Volume Share, By Number of Blades, 2020 & 2027F

15.2. Middle East Marine Propellers Market Revenues & Volume Share, By Type, 2020 & 2027F

15.3. Middle East Marine Propellers Market Revenues & Volume Share, By Application, 2020 & 2027F

15.4. Middle East Marine Propellers Market Revenues & Volume Share, By End user, 2020 & 2027F

15.5. Middle East Marine Propellers Market Revenues & Volume Share, By Material, 2020 & 2027F

15.6. Middle East Marine Propellers Market Revenues & Volume Share, By Propulsion, 2020 & 2027F

15.7. Middle East Marine Propellers Market, Revenues & Volume, By Countries, 2017 - 2027

16. Africa Marine Propellers Market, 2017 - 2027     

16.1. Africa Marine Propellers Market Revenues & Volume Share, By Number of Blades, 2020 & 2027F

16.2. Africa Marine Propellers Market Revenues & Volume Share, By Type, 2020 & 2027F

16.3. Africa Marine Propellers Market Revenues & Volume Share, By Application, 2020 & 2027F

16.4. Africa Marine Propellers Market Revenues & Volume Share, By End user, 2020 & 2027F

16.5. Africa Marine Propellers Market Revenues & Volume Share, By Material, 2020 & 2027F

16.6. Africa Marine Propellers Market Revenues & Volume Share, By Propulsion, 2020 & 2027F

16.7. Africa Marine Propellers Market, Revenues & Volume, By Countries, 2017 - 2027

17. Asia Pacific Marine Propellers Market, 2017 - 2027    

17.1. Asia Pacific Marine Propellers Market Revenues & Volume Share, By Number of Blades, 2020 & 2027F

17.2. Asia Pacific Marine Propellers Market Revenues & Volume Share, By Type, 2020 & 2027F

17.3. Asia Pacific Marine Propellers Market Revenues & Volume Share, By Application, 2020 & 2027F

17.4. Asia Pacific Marine Propellers Market Revenues & Volume Share, By End user, 2020 & 2027F

17.5. Asia Pacific Marine Propellers Market Revenues & Volume Share, By Material, 2020 & 2027F

17.6. Asia Pacific Marine Propellers Market Revenues & Volume Share, By Propulsion, 2020 & 2027F

17.7. Asia Pacific Marine Propellers Market, Revenues & Volume, By Countries, 2017 - 2027

18. Global Marine Propellers Market, 2017 - 2027     

18.1. Global Marine Propellers Market, Revenues & Volume, By Type, 2017 - 2027

18.2. Global Marine Propellers Market, Revenues & Volume, By Application, 2017 - 2027

18.3. Global Marine Propellers Market, Revenues & Volume, By Countries, 2017 - 2027

19. Global Marine Propellers Market Key Performance Indicators     

19. Global Marine Propellers Market - Opportunity Assessment     

19.1. Global Marine Propellers Market Opportunity Assessment, By Countries, 2020 & 2027F 

19.2. Global Marine Propellers Market Opportunity Assessment, By Type, 2020 & 2027F 

19.3. Global Marine Propellers Market Opportunity Assessment, By Application, 2020 & 2027F 

20. Global Marine Propellers Market - Competitive Landscape     

20.1. Global Marine Propellers Market Revenue Share, By Companies, 2020   

20.2. Global Marine Propellers Market Competitive Benchmarking, By Operating and Technical Parameters 

21. Company Profiles         

22. Recommendations          

23. Disclaimer          

 

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