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. The production of marine propeller was 86078 Tons in 2014, of which 85.37% is produced in Europe, and Asia-Pacific.

Market Analysis and Insights: Global Marine Propeller Market
The global Marine Propeller market size is projected to reach US$ 386.2 million by 2026, from US$ 374.9 million in 2020, at a CAGR of 0.5% during 2021-2026.

Global Marine Propeller Scope and Market Size
The global Marine Propeller market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Marine Propeller market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Marine Propeller market is segmented into
Controllable pitch propeller
Fixed pitch propeller

Segment by Application, the Marine Propeller market is segmented into
Superyachts
Small cruise ships
Medium size boats

The Marine Propeller market is analysed and market size information is provided by regions (countries). Segment by Application, the Marine Propeller market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Marine Propeller Market Share Analysis
Marine Propeller market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Marine Propeller business, the date to enter into the Marine Propeller market, Marine Propeller product introduction, recent developments, etc.

The major vendors covered:
Nakashima Propeller
MAN Diesel & Turbo
Wartsila Oyj Abp
Mitsubishi Heavy Industries
Hyundai Heavy Industries
Michigan Wheel
Kawasaki
MMG
Berg Propulsion(Caterpillar)
Teignbridge
Baltic Shipyard
Veem Limited
Brunvoll Volda
Rolls-Royce
Schottel
DMPC
Wartsila CME
Changzhou Zhonghai
SMMC Marine Drive Systems