Global Marine Propeller Market Analysis by Type, Application, Number of Blades, End-User, Propulsion, Material and Region - Forecast to 2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 7, 2018--The “Global Marine Propeller Market - by Type, Application, Number of Blades, End User, Propulsion, Material, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)” report has been added to ResearchAndMarkets.com’s offering.
The market was USD 4.59 billion in 2017 and is estimated to reach USD 5.33 billion by 2023 at a CAGR of 2.52% during the forecast period.
The market is mainly driven by the growth in international seaborne trade, maritime tourism and significant growth in the shipbuilding industry. Increasing production and sales of ships globally and the rising demand for crude oil are other important drivers of the industry.
On the other hand, factors such as volatile prices of raw materials and huge capital investments for setting up new factories are affecting the market growth.
Asia Pacific will have the largest market in global marine propeller which is driven by the demand for new shipbuilding activities, due to which it may witness high CAGR growth. North America, Europe, and Asia Pacific are expected to hold over half of the market share.
Industry Trends and UpdatesThe acquisition of fuel distributor Conquest Oil Company by Oil NRG, the parent company of Propeller Fuels, will boost the UK bunker firm’s capability to supply marine distillates across the UK.
Companies ProfiledCaterpillar Inc. Changzhou Chonghai Marine Propeller Co. Ltd. Hyundai Heavy Industries Co. Ltd. Kawasaki Heavy Industries Ltd. MAN Diesel & Turbo Mecklenburger Metalguss GmbH Mitsubishi Heavy Industries Ltd. Nakashima propeller Co. Ltd. Rolls Royce plc Schaffran Propeller + Service GmbH Schottel Teignbridge Propellers International Limited Veem Ltd. Wartsila and more...
Key Topics Covered
1. Research Methodology
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Global Marine Propeller Market - by Type
6. Global Marine Propeller Market - by Application
7. Global Marine Propeller Market - by Number of Blades
8. Global Marine Propeller Market - by End-User
9. Global Marine Propeller Market - by Propulsion
10. Global Marine Propeller Market - by Material
11. Global Marine Propeller Market - by Region
12. Company Market Share Analysis
13. Company Profiles
14. Industry Structure
15. Global Marine Propeller Market - The Road Ahead
For more information about this report visit https://www.researchandmarkets.com/research/smq2hm/global_marine?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181107005419/en/
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Related Topics:Shipbuilding and Ship Parts
INDUSTRY KEYWORD: TRANSPORT MARITIME
SOURCE: Research and Markets
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PUB: 11/07/2018 05:46 AM/DISC: 11/07/2018 05:46 AM