Marine Propellers Market by Propeller Type, Material, Number of Blades, Sales Channel, Application

List of Tables

The Marine Propellers Market is projected to reach USD 10.24 billion by 2030 from USD 5.68 billion in 2022, at a CAGR of 7.63% during the forecast period.

Global Marine Propellers Market

KEY MARKET STATISTICS
Base Year Value [2022]	USD 5.68 billion
Estimated Year Value [2023]	USD 6.11 billion
Forecast Year Value [2030]	USD 10.24 billion
CAGR (%)	7.63%

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Marine Propellers Market.

Based on Propeller Type, market is studied across Controllable Pitch Propellers, Ducted Propellers, Fixed Pitch Propellers, and Folding Propellers. The Folding Propellers is projected to witness significant market share during forecast period.

Based on Material, market is studied across Aluminum, Bronze, Nickel-Aluminum Bronze, and Stainless Steel. The Stainless Steel is projected to witness significant market share during forecast period.

Based on Number of Blades, market is studied across 3 Blades, 4 Blades, and 5 Blades. The 3 Blades is projected to witness significant market share during forecast period.

Based on Sales Channel, market is studied across Aftermarket and Original Equipment Manufacturer. The Original Equipment Manufacturer is projected to witness significant market share during forecast period.

Based on Application, market is studied across Merchant Ships, Naval Vessels, Offshore Support Vessels, Passenger Ships, and Recreational Boats. The Recreational Boats is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa is projected to witness significant market share during forecast period.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Marine Propellers Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Marine Propellers Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Marine Propellers Market, highlighting leading vendors and their innovative profiles. These include AB Volvo, ABB Ltd., AEGIR-Marine, Andritz AG, Atlas Marine Shipping LLC, Brunswick Corporation, Bruntons Propellers Limited, Caterpillar Inc., Hapag-Lloyd AG, Hundested Propeller A/S, Hydromaster Propulsion BV, Hyundai Heavy Industries Co., Ltd., Kawasaki Heavy Industries, Ltd., Kongsberg Gruppen ASA, Lockheed Martin Corporation, MAN Energy Solutions SE, Mecklenburger Metallguss GmbH, Michigan Wheel Holdings LLC, Mitsubishi Heavy Industries, Ltd., Nakashima Propeller Co., Ltd., Propco Marine Propellers, Inc., Rolls-Royce Holdings PLC, Schaffran Propeller + Service GmbH, SCHOTTEL GmbH, SR Propellers Pvt. Ltd., Teignbridge Propellers International Ltd., Thales Group, VEEM Limited, Wartsila Corporation, and ZF Friedrichshafen AG.

The report offers valuable insights on the following aspects:

1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.

2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.

3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.

4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.

5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast for the Marine Propellers Market?

2. Which products, segments, applications, and areas hold the highest investment potential in the Marine Propellers Market?

3. What is the competitive strategic window for identifying opportunities in the Marine Propellers Market?

4. What are the latest technology trends and regulatory frameworks in the Marine Propellers Market?

5. What is the market share of the leading vendors in the Marine Propellers Market?

6. Which modes and strategic moves are suitable for entering the Marine Propellers Market?

Product Code: MRR-02026C4C8739

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Marine Propellers Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Proliferating adoption of electric propulsion in ships and vessels
  - 5.1.1.2. Rising popularity of sea-based logistics operations
  - 5.1.1.3. Increasing defense budget and navy expenditure worldwide
- 5.1.2. Restraints
  - 5.1.2.1. Fluctuating cost of raw materials and associated technical limitations of marine propellers
- 5.1.3. Opportunities
  - 5.1.3.1. Introduction of lighter, advanced and energy-efficient marine propellers
  - 5.1.3.2. Favorable government programs to develop the green maritime sector
- 5.1.4. Challenges
  - 5.1.4.1. Design complexities associated with marine propellers
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Marine Propellers Market, by Propeller Type

6.1. Introduction
6.2. Controllable Pitch Propellers
6.3. Ducted Propellers
6.4. Fixed Pitch Propellers
6.5. Folding Propellers

7. Marine Propellers Market, by Material

7.1. Introduction
7.2. Aluminum
7.3. Bronze
7.4. Nickel-Aluminum Bronze
7.5. Stainless Steel

8. Marine Propellers Market, by Number of Blades

8.1. Introduction
8.2. 3 Blades
8.3. 4 Blades
8.4. 5 Blades

9. Marine Propellers Market, by Sales Channel

9.1. Introduction
9.2. Aftermarket
9.3. Original Equipment Manufacturer

10. Marine Propellers Market, by Application

10.1. Introduction
10.2. Merchant Ships
10.3. Naval Vessels
10.4. Offshore Support Vessels
10.5. Passenger Ships
10.6. Recreational Boats

11. Americas Marine Propellers Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Marine Propellers Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Marine Propellers Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player
- 14.3.1. Merger & Acquisition
  - 14.3.1.1. HUNDESTED PROPELLER PURCHASE OCEAN MARINE SYSTEMS
- 14.3.2. New Product Launch & Enhancement
  - 14.3.2.1. Sharrow Marine launches props for Yamaha, Mercury outboards
- 14.3.3. Award, Recognition, & Expansion
  - 14.3.3.1. Yamaha Marine Precision Propellers Expands Greenfield Facility

15. Competitive Portfolio

15.1. Key Company Profiles
- 15.1.1. AB Volvo
- 15.1.2. ABB Ltd.
- 15.1.3. AEGIR-Marine
- 15.1.4. Andritz AG
- 15.1.5. Atlas Marine Shipping LLC
- 15.1.6. Brunswick Corporation
- 15.1.7. Bruntons Propellers Limited
- 15.1.8. Caterpillar Inc.
- 15.1.9. Hapag-Lloyd AG
- 15.1.10. Hundested Propeller A/S
- 15.1.11. Hydromaster Propulsion BV
- 15.1.12. Hyundai Heavy Industries Co., Ltd.
- 15.1.13. Kawasaki Heavy Industries, Ltd.
- 15.1.14. Kongsberg Gruppen ASA
- 15.1.15. Lockheed Martin Corporation
- 15.1.16. MAN Energy Solutions SE
- 15.1.17. Mecklenburger Metallguss GmbH
- 15.1.18. Michigan Wheel Holdings LLC
- 15.1.19. Mitsubishi Heavy Industries, Ltd.
- 15.1.20. Nakashima Propeller Co., Ltd.
- 15.1.21. Propco Marine Propellers, Inc.
- 15.1.22. Rolls-Royce Holdings PLC
- 15.1.23. Schaffran Propeller + Service GmbH
- 15.1.24. SCHOTTEL GmbH
- 15.1.25. SR Propellers Pvt. Ltd.
- 15.1.26. Teignbridge Propellers International Ltd.
- 15.1.27. Thales Group
- 15.1.28. VEEM Limited
- 15.1.29. Wartsila Corporation
- 15.1.30. ZF Friedrichshafen AG
15.2. Key Product Portfolio

16. Appendix

16.1. Discussion Guide
16.2. License & Pricing