Marine Propeller 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 (2014-2020)

Date: 2015-07

“The research report on the marine propellersmarket includes a detailed study of demand for propellers in the naval as well as commercial segments. This report provides anin-depth analysis of the market during the projected period (2015–2020). It includes studies on the industry and market trends that are currently prevailing. The marine propellers market has been categorized on the basis ofthe number ofblades, type, application, and by material. The market in each region has been further segmented on the basis of the key countries and analyzed. 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 study described the market dynamics with detailed regional and country-wise analyses of the marine propellers technologies, products,and the applications in the end-use sectors. The technological advancements in improving the reliability and efficiency of this are projected to drive the marine propellers market in the forthcoming years. APACis estimated to account for the largest share in the global marine propellers marketby the end of 2015. China, South Korea, Japan are some regions estimated to be contributing to the increasing demand for the marine propellers.
Countries such as Brazil in Latin America and South Africa in Africa are proving to be the emerging markets. The report provides insights into the regional and market trends, and also provides the market share analyses for the main countries. It includes a detailed competitive study of the leading companies with respect to their financials, products and services, and key developments, in order to provide an in-depth competitor analysis.
Primary interviews have been conducted with major industry experts in order to get insights. 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).


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