Marine Propeller Market by Number of Blades (3, 4, 5) Worth $5.94 Billion by 2020

Marine Propeller Market forecasts & analysis report categorizes global market by Number of Blades (3, 4, 5), by Type (Controllable Pitch Propeller and Fixed Pitch Propeller), by Application (Ship-Defense and Merchant, Boat-Inboard Engine and Outboard Engine, Underwater Vehicles-Submarine and Unmanned), by Material (Aluminum, Bronze and Stainless Steel).


Dallas, TX -- (SBWIRE) -- 06/02/2015 -- According to a new market research "Marine Propellers Market by Number of Blades (3, 4, 5), Type (Controllable Pitch Propeller and Fixed Pitch Propeller), Application (Ship-Defense and Merchant, Boat-Inboard Engine and Outboard Engine, Underwater Vehicles-Submarine and Unmanned), Material (Aluminum, Bronze and Stainless Steel) - Global Forecasts, Trends & Analysis to 2014 - 2020", published by MarketsandMarkets, the marine propeller market is estimated to be valued $3.67 Billion by the end of 2015 and is projected grow $5.94 Billion by 2020 at a CAGR of 10.07%. The key challenge faced by the marine propeller market is that the life cycle of a propeller is fairly high and hence replacement occurs after considerable amount of time.

Browse 91 market data tables and 60 figures spread through 205 pages and in-depth TOC on "Marine Propellers Market"

Early buyers will receive 10% customization on this report.

APAC accounts a significant share in the marine propeller market. Europe is projected to witness a strong growth due to the increase in trade and services in countries such as Germany, Turkey, and U.K. Technological advancements in the marine propeller market are estimated to increase the demand, hence driving the marine propeller market by 2020.

The heavy weights of the propellers have significantly reduced the demand for certain propellers made with aluminum or bronze. The increase in new ship building is expected to contribute to the growth of this market, globally.

The market is segmented on the basis of the number of blades, type, application, and by materials. The competitive landscape includes an analysis of the market share of the leading companies in the marine propeller market. The report includes analyses of the impact of the main drivers and restraints country-wise, and region-wise to give better insight into the Marine Propeller Market. Industry and market trends have also been highlighted, which would provide competitive market intelligence to utilize business opportunities.

Speak to Analyst:

The analysis of key players includes companies such as Hyundai Heavy Industries Co. Ltd (South Korea), Rolls-Royce Holdings (U.K.), Mitsubishi Heavy Industries, Ltd. (Japan), Man Se Corporation (Germany), and Caterpillar Inc. (U.S).

Browse related reports

Amphibious Landing Craft, Air Cushion Market by Product Types (Landing Craft Air Cushion, Landing Craft Utility, Landing Craft Mechanized), Applications (Military Applications ,Commercial Application) & Geography - Trends and Forecasts to 2014 - 2019

About MarketsandMarkets
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Subscribe Reports from Aerospace & Defence @

Mr. Rohan
North - Dominion Plaza,
17304, Preston Road,
Suite 800, Dallas, TX 75252
Tel: 888-600-6441

Visit MarketsandMarkets Blog