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Global Marine Propeller Market Insights, Forecast to 2023


Published On : Oct 2018

Category : Transport & Logistics

No. of Pages : 164 pages

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This report presents the worldwide Marine Propeller market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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.

Europe and Asia-Pacific (China, Japan and South Korea), is the main production base of marine propeller, key manufacturers: Nakashima Propeller

Hyundai Heavy Industries, Rolls-Royce, Wartsila Oyj Abp, Schottel., MAN Diesel & Turbo, Mitsubishi Heavy Industries, Kawasaki, MMG, Berg Propulsion (Cat), Baltic Shipyard, Scana Volda, Veem, Teignbridge, DMPC, Wartsila CME, Changzhou Zhonghai, Wuhan Kawasaki Marine are all located here.

Fixed pitch propeller is the most popular product type nowadays, due to a great proportion of ocean-going vessels in shipbuilding industry. And it will remain in this state in the next few years.

Marine propeller industry has a long history, and now developed very mature. Its production and sales have gradually concentrated in Europe and Asia Pacific.

Currently, there are hundreds of large and small manufacturers of marine propeller worldwide, coupled with the shipbuildings overcapacity, the global markets recession is unstoppable, and the marine propeller market competition will become increasingly fierce over time.

The Marine Propeller market was valued at 369.47 Million US$ in 2017 and is projected to reach 379.96 Million US$ by 2023, at a CAGR of 0.47% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2023 as the forecast period to estimate the market size for Marine Propeller.

The following manufacturers are covered in this report:
Nakashima Propeller
MAN Diesel & Turbo
Wartsila Oyj Abp
Mitsubishi Heavy Industries, Ltd
Hyundai Heavy Industries Co.Ltd
Michigan Wheel
Kawasaki
MMG
Berg Propulsion (Caterpillar)
Teignbridge
Baltic Shipyard
Veem Limited
Brunvoll Volda
Rolls-Royce
Schottel GmbH.
DMPC
Wartsila CME
Changzhou Zhonghai
SMMC Marine Drive Systems

Marine Propeller Breakdown Data by Type
Controllable pitch propeller
Fixed pitch propeller

Marine Propeller Breakdown Data by Application
Superyachts
Small cruise ships
Medium size boats

Marine Propeller Production by Region
Korea
Europe
China
Japan
Other Regions

Marine Propeller Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
Philippines
Vietnam
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
North Africa
South Africa
Rest of Middle East & Africa

The study objectives are:

To analyze and research the global Marine Propeller status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Marine Propeller manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Marine Propeller:
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025

This report includes the estimation of market size for value (million USD) and volume (MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Marine Propeller market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.


The Global marine propeller market insights forecast to 2023 is highly dynamic and experiences frequent movements. The substantial rise in urbanization and construction activities have been instrumental in the growing demand for Global marine propeller market insights forecast to 2023 and is anticipated to continue to do so over the forthcoming years. The leading companies operating in this market are prompted to expand their limits in order to work on a larger scale due to the progress in the transportation and logistics industry. The increase in the cargo traffic and the intermodal transport are anticipated to accelerate the growth of the market for Global marine propeller market insights forecast to 2023 in the next few years.

This research report is an exhaustive study of the Global marine propeller market insights forecast to 2023, which attempts to present a clear picture of the key factors that shape this market to the readers. The assessments of a number of market segments, distinguished on the basis of the products, their applications, and the geographies, comes under the scope of this research study.

The evaluation of the most prominent trends and the market opportunity map given in this research report discuss the imminent trends and their effect on the demand for Global marine propeller market insights forecast to 2023 thoroughly. Apart from this, these assessments, coupled with the Porter’s five forces analysis, also offer deep insights into the dynamics of this market, the degree of competition among the leading market participants, and the most profitable segments within the Global marine propeller market insights forecast to 2023. 

It further provides the profile reviews of the leading market participants, their overall shares in the entire market, business strategies they have adopted, and the latest developments in their respective business in a bid to enhance the decision-making capability of the readers. This information on the main strategies and the recent developments of the key players is very much helpful for small-scale companies and new entrants looking for assistance to design their strategies in an efficient manner.

Furthermore, the research report provides the breakdown as well as the assessment of various factors responsible for the performance of this market, such as the growth drivers, restraining factors, opportunities, challenges, and future projects. After examining these factors, the report presents a holistic overview of this market based on them. It also offers an estimation of the future potential of this market over the years to come.

Going forward, the business assessment of the market for Global marine propeller market insights forecast to 2023 based on the segmentation across the main geographies has been provided. In addition to this, the current as well as the imminent market size, in terms of both, value and volume, has been given here. The factors that may impede the growth of this market in each of the regional subdivisions have also been analyzed in this research report.

The main goal of this research study is to provide a clear picture and a better understanding of the market for Global marine propeller market insights forecast to 2023 to the manufacturers, suppliers, and the distributors operational in it. The readers can gain a deep insight into this market from this piece of information that can enable them to formulate and develop critical strategies for the further expansion of their businesses.

List of Tables and Figures

Figure Picture of Marine Propeller1
Table Marine Propeller Key Market Segments in This Study2
Table Key Manufacturers Marine Propeller Covered in This Study in 20173
Table Global Marine Propeller Market Size Growth Rate by Type (2018-2023) (Units)3
Figure Global Marine Propeller Production Market Share in 20174
Figure Controllable pitch propeller Product Picture5
Figure Fixed pitch propeller Product Picture5
Table Global Marine Propeller Market Size Growth Rate by Application (2017-2023) (Units)6
Figure Superyachts6
Figure Small cruise ships7
Figure Medium size boats7
Figure Global Marine Propeller Revenue 2013-2023 (Million US$)9
Figure Global Marine Propeller Production 2013-2023 (Units)10
Table Global Marine Propeller Market Size Growth Rate by Regions 2018-2023(Units) & (Million USD)10
Table Global Manufacturers Market Concentration Ratio (CR5 2017-2018)11
Table Marine Propeller Headquarter Distribution and Founded Time11
Table Global Marine Propeller Production by Manufacturers (2017-2018) (Units)13
Table Global Marine Propeller Production Share by Manufacturers (2017-2018)13
Figure Global Marine Propeller Production Share by Manufacturers in 201715
Table Marine Propeller Revenue by Manufacturers (2017-2018) (Million USD)15
Table Marine Propeller Revenue Share by Manufacturers (2017-2018)16
Table Marine Propeller Price by Manufacturers 2017-2018 (K USD/Unit)17
Table Global Marine Propeller Production by Regions 2013-2018 (Units)18
Table Global Marine Propeller Production Market Share by Regions 2013-201818
Figure Global Marine Propeller Production Market Share by Regions 2013-201819
Figure Global Marine Propeller Production Market Share by Regions in 201719
Table Global Marine Propeller Revenue by Regions 2013-2018 (Million USD)20
Table Global Marine Propeller Revenue Market Share by Regions 2013-201820
Figure Global Marine Propeller Revenue Market Share by Regions 2013-201821
Figure Global Marine Propeller Revenue Market Share by Regions in 201721
Figure Korea Marine Propeller Production and Growth Rate 2013-2018 (Units)22
Figure Korea Marine Propeller Revenue and Growth Rate 2013-2018 (Million USD)23
Table Korea Marine Propeller Import & Export23
Figure Europe Marine Propeller Production and Growth Rate 2013-2018 (Units)24
Figure Europe Marine Propeller Revenue and Growth Rate 2013-2018 (Million USD)25
Table Europe Marine Propeller Import & Export25
Figure China Marine Propeller Production and Growth Rate 2013-2018 (Units)26
Figure China Marine Propeller Revenue and Growth Rate 2013-2018 (Million USD)27
Table China Marine Propeller Import & Export27
Figure Japan Marine Propeller Production and Growth Rate 2013-2018 (Units)28
Figure Japan Marine Propeller Revenue and Growth Rate 2013-2018 (Million USD)29
Table Japan Marine Propeller Import & Export29
Table Global Marine Propeller Consumption by Regions 2013-2018 (Units)30
Table Global Marine Propeller Consumption Market Share by Regions 2013-201830
Figure Global Marine Propeller Consumption Market Share by Regions 2013-201831
Figure Global Marine Propeller Consumption Market Share by Regions in 201731
Figure North America Marine Propeller Consumption and Growth Rate (2013-2018) (Units)32
Table North America Marine Propeller Consumption by Application (2013-2018) (Units)32
Figure 2017 North America Marine Propeller Consumption Market Share by Application33
Table North America Marine Propeller Consumption by Countries (2013-2018) (Units)33
Figure North America Marine Propeller Consumption Market Share by Countries in 201734
Figure United States Marine Propeller Consumption and Growth Rate (2013-2018) (Units)34
Figure Canada Marine Propeller Consumption (Units) and Growth Rate (2013-2018)35
Figure Mexico Marine Propeller Consumption (Units) and Growth Rate (2013-2018)36
Figure Europe Marine Propeller Consumption and Growth Rate (2013-2018) (Units)37
Table Europe Marine Propeller Consumption by Application (2013-2018) (Units)37
Figure 2017 Europe Marine Propeller Consumption Market Share by Application37
Table Europe Marine Propeller Consumption by Countries (2013-2018) (Units)38
Figure 2017 Europe Marine Propeller Consumption Market Share by Countries38
Figure Germany Marine Propeller Consumption and Growth Rate (2013-2018) (Units)39
Figure France Marine Propeller Consumption and Growth Rate (2013-2018) (Units)40
Figure UK Marine Propeller Consumption and Growth Rate (2013-2018) (Units)41
Figure Italy Marine Propeller Consumption and Growth Rate (2013-2018) (Units)42
Figure Russia Marine Propeller Consumption and Growth Rate (2013-2018) (Units)43
Figure Asia Pacific Marine Propeller Consumption and Growth Rate (Units)44
Table Asia Pacific Marine Propeller Consumption by Application (2013-2018) (Units)44
Table Asia Pacific Marine Propeller Consumption Market Share by Application (2013-2018) (Units)44
Table Asia Pacific Marine Propeller Consumption by Countries (2013-2018) (Units)45
Table Asia Pacific Marine Propeller Consumption Market Share by Countries (2013-2018) (Units)45
Figure China Marine Propeller Consumption and Growth Rate (2013-2018) (Units)46
Figure Japan Marine Propeller Consumption and Growth Rate (2013-2018) (Units)47
Figure Korea Marine Propeller Consumption and Growth Rate (2013-2018) (Units)48
Figure Philippines Marine Propeller Consumption and Growth Rate (2013-2018) (Units)49
Figure Vietnam Marine Propeller Consumption and Growth Rate (2013-2018) (Units)50
Figure Central & South America Marine Propeller Consumption and Growth Rate (Units)51
Table Central & South America Marine Propeller Consumption by Application (2013-2018) (Units)51
Figure 2017 Central & South America Marine Propeller Consumption Market Share by Application51
Table Central & South America Marine Propeller Consumption by Countries (2013-2018) (Units)52
Figure Central & South America Marine Propeller Consumption Market Share by Countries52
Figure Brazil Marine Propeller Consumption and Growth Rate (2013-2018) (Units)53
Figure Middle East and Africa Marine Propeller Consumption and Growth Rate (Units)54
Table Middle East and Africa Marine Propeller Consumption by Application (2013-2018) (Units)54
Figure 2017 Middle East and Africa Marine Propeller Consumption Market Share by Application54
Table Middle East and Africa Marine Propeller Consumption by Countries (2013-2018) (Units)55
Figure Middle East and Africa Marine Propeller Consumption Market Share by Countries in 201755
Figure GCC Countries Marine Propeller Consumption and Growth Rate (2013-2018) (Units)56
Figure North Africa Marine Propeller Consumption and Growth Rate (2013-2018) (Units)57
Figure South Africa Marine Propeller Consumption and Growth Rate (2013-2018) (Units)58
Table Global Marine Propeller Production by Type (2013-2018) (Units)59
Table Global Marine Propeller Production Share by Type (2013-2018)59
Figure Global Marine Propeller Production Market Share by Type (2013-2018)59
Figure Global Marine Propeller Production Market Share by Type in 201760
Table Global Marine Propeller Revenue by Type (2013-2018) (Million US$)60
Table Global Marine Propeller Revenue Share by Type (2013-2018)60
Figure Global Marine Propeller Revenue Market Share by Type (2013-2018)61
Figure Global Marine Propeller Revenue Market Share by Type in 201761
Table Marine Propeller Price by Fixed pitch propeller013-2018 (K USD/Unit)62
Figure Sales Growth Rage of Marine Propeller by Application (2013-2018E)63
Table Global Marine Propeller Consumption by Application (2013-2023) (Units)63
Table Global Marine Propeller Consumption by Application (2013-2018) (Units)64
Table Global Marine Propeller Consumption Share by Application (2013-2018)64
Figure Global Consumption Marine Propeller Market Share by Application (2013-2018)65
Figure Global Value (Consumption) Marine Propeller Market Share by Application in 201765
Table Nakashima Propeller Company Details66
Figure Marine Propeller Picture of Nakashima Propeller67
Table Marine Propeller Production (Units), Price (K USD/Unit), Revenue (M USD) and Gross Margin of Nakashima Propeller 2017-201867
Figure Marine Propeller Production (Units) and Global Market Share of Nakashima Propeller 2017-201868
Table MAN Diesel & Turbo Company Details68
Figure Marine Propeller Picture of MAN Diesel & Turbo70
Table Marine Propeller Production (Units), Price (K USD/Unit), Revenue (M USD) and Gross Margin of MAN Diesel & Turbo 2017-201870
Figure Marine Propeller Production (Units) and Global Market Share of MAN Diesel & Turbo 2017-201871
Table Wartsila Oyj Abp Company Details71
Figure Marine Propeller Picture of Wartsila Oyj Abp73
Table Marine Propeller Production (Units), Price (K USD/Unit), Revenue (M USD) and Gross Margin of Wartsila Oyj Abp 2017-201873
Figure Marine Propeller Production (Units) and Global Market Share of Wartsila Oyj Abp 2017-201874
Table Mitsubishi Heavy Industries, Ltd Company Details74
Figure Marine Propeller Picture of Mitsubishi Heavy Industries, Ltd76
Table Marine Propeller Production (Units), Price (K USD/Unit), Revenue (M USD) and Gross Margin of Mitsubishi Heavy Industries, Ltd 2017-201876
Figure Marine Propeller Production (Units) and Global Market Share of Mitsubishi Heavy Industries, Ltd 2017-201877
Table Hyundai Heavy Industries Co., Ltd Company Details77
Figure Marine Propeller Picture of Hyundai Heavy Industries Co., Ltd79
Table Marine Propeller Production (Units), Price (K USD/Unit), Revenue (M USD) and Gross Margin of Hyundai Heavy Industries Co., Ltd 2017-201879
Figure Marine Propeller Production (Units) and Global Market Share of Hyundai Heavy Industries Co., Ltd 2017-201880
Table Michigan Wheel Company Details80
Figure Marine Propeller Picture of Michigan Wheel81
Table Marine Propeller Production (Units), Price (K USD/Unit), Revenue (M USD) and Gross Margin of Michigan Wheel 2017-201882
Figure Marine Propeller Production (Units) and Global Market Share of Michigan Wheel 2017-201882
Table Kawasaki Company Details83
Figure Marine Propeller Picture of Kawasaki84
Table Marine Propeller Production (Units), Price (K USD/Unit), Revenue (M USD) and Gross Margin of Kawasaki 2017-201884
Figure Marine Propeller Production (Units) and Global Market Share of Kawasaki 2017-201885
Table MMG Company Details85
Figure Marine Propeller Picture of MMG86
Table Marine Propeller Production (Units), Price (K USD/Unit), Revenue (M USD) and Gross Margin of MMG 2017-201887
Figure Marine Propeller Production (Units) and Global Market Share of MMG 2017-201887
Table Berg Propulsion (Cat) Company Details88
Figure Marine Propeller Picture of Nakashima Propeller89
Table Marine Propeller Production (Units), Price (K USD/Unit), Revenue (M USD) and Gross Margin of Berg Propulsion (Cat) 2017-201889
Figure Marine Propeller Production (Units) and Global Market Share of Nakashima Propeller 2017-201890
Table Teignbridge Company Details90
Figure Marine Propeller Picture of Teignbridge91
Table Marine Propeller Production (Units), Price (K USD/Unit), Revenue (M USD) and Gross Margin of Teignbridge 2017-201892
Figure Marine Propeller Production (Units) and Global Market Share of Teignbridge 2017-201892
Table Baltic Shipyard Company Details93
Figure Marine Propeller Picture of Baltic Shipyard94
Table Marine Propeller Production (Units), Price (K USD/Unit), Revenue (M USD) and Gross Margin of Baltic Shipyard 2017-201894
Figure Marine Propeller Production (Units) and Global Market Share of Baltic Shipyard 2017-201895
Table Veem Company Details95
Figure Marine Propeller Picture of Veem97
Table Marine Propeller Production (Units), Price (K USD/Unit), Revenue (M USD) and Gross Margin of Veem 2017-201897
Figure Marine Propeller Production (Units) and Global Market Share of Veem 2017-201898
Table Brunvoll Volda Company Details98
Figure Marine Propeller Picture of Brunvoll Volda100
Table Marine Propeller Production (Units), Price (K USD/Unit), Revenue (M USD) and Gross Margin of Brunvoll Volda 2017-2018100
Figure Marine Propeller Production (Units) and Global Market Share of Brunvoll Volda 2017-2018101
Table Rolls-Royce Company Details101
Figure Marine Propeller Picture of Rolls-Royce103
Table Marine Propeller Production (Units), Price (K USD/Unit), Revenue (M USD) and Gross Margin of Rolls-Royce 2017-2018103
Figure Marine Propeller Production (Units) and Global Market Share of Rolls-Royce 2017-2018104
Table Schottel GmbH. Company Details104
Figure Marine Propeller Picture of Schottel GmbH.106
Table Marine Propeller Production (Units), Price (K USD/Unit), Revenue (M USD) and Gross Margin of Schottel GmbH. 2017-2018106
Figure Marine Propeller Production (Units) and Global Market Share of Schottel GmbH. 2017-2018107
Table DMPC Company Details107
Figure Marine Propeller Picture of DMPC109
Table Marine Propeller Production (Units), Price (K USD/Unit), Revenue (M USD) and Gross Margin of DMPC 2017-2018109
Figure Marine Propeller Production (Units) and Global Market Share of DMPC 2017-2018110
Table Wartsila CME Company Details110
Figure Marine Propeller Picture of Wartsila CME112
Table Marine Propeller Production (Units), Price (K USD/Unit), Revenue (M USD) and Gross Margin of Wartsila CME 2017-2018112
Figure Marine Propeller Production (Units) and Global Market Share of Wartsila CME 2017-2018113
Table Changzhou Zhonghai Company Details113
Figure Marine Propeller Picture of Changzhou Zhonghai114
Table Marine Propeller Production (Units), Price (K USD/Unit), Revenue (M USD) and Gross Margin of Changzhou Zhonghai 2017-2018115
Figure Marine Propeller Production (Units) and Global Market Share of Changzhou Zhonghai 2017-2018115
Table SMMC Marine Drive Systems Company Details116
Figure Marine Propeller Picture of SMMC Marine Drive Systems117
Table Marine Propeller Production (Units), Price (K USD/Unit), Revenue (M USD) and Gross Margin of SMMC Marine Drive Systems 2017-2018117
Figure Marine Propeller Production (Units) and Global Market Share of SMMC Marine Drive Systems 2017-2018118
Figure Global Marine Propeller Production Forecast 2018-2023 (Units)119
Figure Global Marine Propeller Revenue Forecast 2018-2023 (Million US$)120
Table Global Marine Propeller Revenue Forecast by Regions 2018-2023 (Million US$)120
Figure Global Marine Propeller Revenue Market Share Forecast by Regions in 2018-2023121
Table Global Marine Propeller Production Forecast by Regions 2018-2023 (Units)121
Figure Global Marine Propeller Production Market Share Forecast by Regions 2018-2023122
Table Global Marine Propeller Production Forecast by Type (2018-2023) (Units)122
Figure Global Marine Propeller Production Market Share Forecast by Type (2018-2023)123
Table Global Marine Propeller Revenue Forecast by Type (2018-2023) (Million US$)123
Figure Global Marine Propeller Revenue Market Share Forecast by Type (2018-2023)124
Table Global Marine Propeller Consumption Forecast by Application (2018-2023) (Units)125
Figure Global Marine Propeller Consumption Market Share Forecast by Application (2018-2023)125
Table Global Marine Propeller Consumption Forecast by Regions 2018-2023 (Units)126
Figure Global Marine Propeller Consumption Market Share Forecast by Regions 2018-2023126
Table North America Marine Propeller Consumption Forecast by Country 2018-2023 (Units)127
Table Europe Marine Propeller Consumption Forecast by Country 2018-2023 (Units)127
Table Asia Pacific Marine Propeller Consumption Forecast by Country 2018-2023 (Units)127
Table Central & South America Marine Propeller Consumption Forecast by Country 2018-2023 (Units)128
Table Middle East and Africa Marine Propeller Consumption Forecast by Country 2018-2023 (Units)128
Figure Marine Propeller Value Chain129
Figure Marine Propeller Marketing Channels Status130
Table Marketing Channels Status of Marine Propeller130
Table Marine Propeller Distributors List131
Table Marine Propeller Customers List131
Figure GDP by Regions / Largest Economies Pie Chart in 2016135
Figure G20 GDP Long-Term Forecast Total, Million US dollars, 2060136
Figure G20 Gross Domestic Product (GDP)Total, US Dollars/Capita, 2016136
Table Research Programs/Design for This Report139
Figure Bottom-up and Top-down Approaches for This Report141
Figure Data Triangulation142
Table Key Data Information from Secondary Sources143
Table Key Data Information from Primary Sources144

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