Marine Propeller Market by Propeller Type and Ship Type - Global Opportunity Analysis and Industry Forecast, 2014-2022

  • ID: 4176075
  • Report
  • Region: Global
  • 180 pages
  • Allied Analytics LLP
1 of 5

FEATURED COMPANIES

  • Caterpillar Inc.
  • MAN Diesel & Turbo
  • Rolls-Royce plc
  • SCHOTTEL
  • VEEM LTD.
  • Wärtsilä
  • MORE
Marine Propeller Market by Propeller Type (Controllable Pitch Propeller, Fixed Pitch Propeller, and Others {Adjusted Bolted Propeller, and Ducted Propeller) and Ship Type (Cargo or Container Ships, Tanker, Bulk Carrier, Offshore Vessel, Passenger Ships, and Others {Tugs & Service Ships})

Marine propeller is a mechanical component used to move the ship or boat across the water using the power generated and transmitted by the main engine of the ship. Power generated by the engine is transferred to the propeller via propeller shaft, which may or may not be connected to a gearbox. Propeller is a rotating fan-like structure, which comprises of hubs and a number of blades, and create pulling power by moving water backward or creating a column of water behind it. A pressure difference is created between the forward and rear surface of the blades due to that water is accelerated behind the blade. The marine propeller market is expected to witness robust growth during the forecast period. This is mainly due to various ongoing government investments in the shipbuilding industry and inland waterways. Ships may integrate with one or more than one propeller, depending on the size (gross tonnage) of the ship.

Growth in shipbuilding industry mostly in countries such as China, Japan, and South Korea majorly fuels the marine propeller market. In addition, rise in demand for resources such as coal, ore, and iron that leads to growth in international seaborne trade drives the market growth. However, stringent environmental rules & regulations, huge capital investment required for setting up new manufacturing facilities, and volatile raw material prices hamper the market growth. Irrespective of these challenges, rise in usage of inland waterways is expected to create opportunities for the market growth. In addition, advancement in technology (production of light weight marine propeller by using light weight material such as alloys of nickel, aluminum, and bronze) is expected to unfold various opportunities for new products and boost the market growth.

The market is segmented based on propeller type, ship types, and geography. By propeller type the market is further divided into controllable pitch propeller, fixed pitch propeller, and others (adjusted bolted propeller and ducted propeller). By ship types, the market is categorized into cargo & container, tanker, bulk carrier, offshore vessel, passenger ship, and others (tugs and service ships). Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Prominent players profiled in the report include Rolls-Royce plc, Wärtsilä, MAN Diesel & Turbo, Hyundai Heavy Industries Co., Ltd, MITSUBISHI HEAVY INDUSTRIES, LTD., SCHOTTEL, Mecklenburger Metallguss GmbH, VEEM LTD., SCHAFFRAN PROPELLER + SERVICE GMBH, NAKASHIMA PROPELLER Co., Ltd., Caterpillar Inc., Kawasaki Heavy Industries, Ltd., Changzhou Chonghai Marine Propeller Co., Ltd, and Teignbridge Propellers International Limited.

KEY BENEFITS

The report includes an extensive analysis of the factors that drive as well as restrain the global marine propeller market.
The factors affecting growth along with market projections from 2014 to 2022 are included.
The report provides quantitative and qualitative trends to assist the stakeholders understand the situations prevailing in the market.
An in-depth analysis of key segments demonstrates stakeholders with different propeller types of marine propeller and different ship types.
Competitive intelligence highlights the business practices followed by leading market players across various geographies.

KEY MARKET SEGMENTS OF MARINE PROPELLER MARKET

BY PROPELLER TYPE

Controllable Pitch Propeller
Fixed Pitch Propeller
Others (Adjusted Bolted Propeller, and Ducted Propeller)

BY SHIP TYPE

Cargo or Container Ship
Tanker
Bulk Carrier
Offshore Vessel
Passenger Ship
Others (Tugs & Service Ships)

BY GEOGRAPHY

North America
U.S.
Canada
Mexico
Europe
Germany
Romania
Italy
Norway
Rest of Europe
Asia-Pacific
China
South Korea
Japan
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Caterpillar Inc.
  • MAN Diesel & Turbo
  • Rolls-Royce plc
  • SCHOTTEL
  • VEEM LTD.
  • Wärtsilä
  • MORE
Chapter 1 Introduction

1.1. Report Description
1.2. Key Benefits
1.3. Key Market Segments
1.4. Research Methodology

1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tools And Models

Chapter 2 Executive Summary

2.1. Key Findings:
2.2. CXO Perspective

Chapter 3 Market Overview

3.1. Market Definition And Scope
3.2. Key Findings

3.2.1. Top Winning Strategies
3.2.2. Top Investment Pockets

3.3. Porters Five Forces Analysis

3.3.1. Bargaining Power Of Supplier
3.3.2. Bargaining Power Of Buyers
3.3.3. Threat Of Substitutes
3.3.4. Threat Of New Entrants
3.3.5. Intensity Of Competitive Rivalry

3.4. Market Share Analysis, 2015
3.5. Market Dynamics

3.5.1. Drivers

3.5.1.1. Increasing Production And Sales Of Ships Globally
3.5.1.2. Rise In International Seaborne Trade Or Maritime Transport

3.5.2. Restraints

3.5.2.1. Volatile Prices Of Raw Material

3.5.3. Opportunities

3.5.3.1. Advancement In Technology
3.5.3.2. Rise In Usage Of Inland Waterways

Chapter 4 Marine Propeller Market, By Propeller Type

4.1. Overview

4.1.1. Key Players Positioning
4.1.2. Market Size And Forecast

4.2. Fixed Pitch Propeller

4.2.1. Key Market Trends, Growth Factors, And Opportunities
4.2.2. Market Size And Forecast

4.3. Controllable Pitch Propeller

4.3.1. Key Market Trends, Growth Factors, And Opportunities
4.3.2. Market Size And Forecast

4.4. Others (Adjustabel Bolted Propelelr And Dutch Propeller)

4.4.1. Key Market Trends, Growth Factors, And Opportunities
4.4.2. Market Size And Forecast

Chapter 5 Marine Propeller Market, By Ship Type

5.1. Overview

5.1.1. Market Size And Forecast

5.2. Cargo Or Container Ship

5.2.1. Key Market Trends, Growth Factors, And Opportunities
5.2.2. Market Size And Forecast

5.3. Tanker

5.3.1. Key Market Trends, Growth Factors, And Opportunities
5.3.2. Market Size And Forecast

5.4. Bulk Carrier

5.4.1. Key Market Trends, Growth Factors, And Opportunities
5.4.2. Market Size And Forecast

5.5. Offshore Vessel

5.5.1. Key Market Trends, Growth Factors, And Opportunities
5.5.2. Market Size And Forecast

5.6. Passenger Ship

5.6.1. Key Market Trends, Growth Factors, And Opportunities
5.6.2. Market Size And Forecast

5.7. Others (Tugs & Service Ships)

5.7.1. Key Market Trends, Growth Factors, And Opportunities
5.7.2. Market Size And Forecast

Chapter 6 Global Marine Propeller Market, By Region

6.1. Overview

6.1.1. Market Size And Forecast

6.2. North America

6.2.1. Key Market Trends, Growth Factors, And Opportunities
6.2.2. Market Size And Forecast
6.2.3. U.S.

6.2.3.1. Market Size And Forecast

6.2.4. Canada

6.2.4.1. Market Size And Forecast

6.2.5. Mexico

6.2.5.1. Market Size And Forecast

6.3. Europe

6.3.1. Key Market Trends, Growth Factors, And Opportunities
6.3.2. Market Size And Forecast
6.3.3. Germany

6.3.3.1. Market Size And Forecast

6.3.4. Romania

6.3.4.1. Market Size And Forecast

6.3.5. Italy

6.3.5.1. Market Size And Forecast

6.3.6. Norway

6.3.6.1. Market Size And Forecast

6.3.7. Rest Of Europe

6.3.7.1. Market Size And Forecast

6.4. Asia-Pacific

6.4.1. Key Market Trends, Growth Factors, And Opportunities
6.4.2. Market Size And Forecast
6.4.3. China

6.4.3.1. Market Size And Forecast

6.4.4. Japan

6.4.4.1. Market Size And Forecast

6.4.5. South Korea

6.4.5.1. Market Size And Forecast

6.4.6. Rest Of Asia-Pacific

6.4.6.1. Market Size And Forecast

6.5. Lamea

6.5.1. Key Market Trends, Growth Factors, And Opportunities
6.5.2. Market Size And Forecast
6.5.3. Latin America

6.5.3.1. Market Size And Forecast

6.5.4. Middle East

6.5.4.1. Market Size And Forecast

6.5.5. Africa

6.5.5.1. Market Size And Forecast

Chapter 7 Related Industry Insights

7.1. Marine Fuel Injection System Market
7.2. Marine Dynamic Positioning Systems Market
7.3. Global Airport & Marine Port Security Market
7.4. Marine Propulsion Engine Market

Chapter 8 Company Profiles

8.1. Hyundai Heavy Industries Co., Ltd

8.1.1. Company Overview
8.1.2. Operating Business Segments
8.1.3. Business Performance
8.1.4. Key Strategic Moves And Developments

8.2. Man Diesel & Turbo Se

8.2.1. Company Overview
8.2.2. Operating Business Segments
8.2.3. Business Performance
8.2.4. Key Strategic Moves And Developments

8.3. Mitsubishi Heavy Industries, Ltd.

8.2.1. Company Overview
8.2.2. Operating Business Segments
8.2.3. Business Performance
8.2.4. Key Strategic Moves And Developments

8.4. Mecklenburger Metallguss Gmbh

8.2.1. Company Overview
8.2.2. Operating Business Segments
8.2.3. Business Performance
8.2.4. Key Strategic Moves And Developments

8.5. Nakashima Propeller Co., Ltd.

8.5.1. Company Overview
8.5.2. Operating Business Segments
8.5.3. Business Performance
8.5.4. Key Strategic Moves And Developments

8.6. Rolls-Royce Plc

8.2.1. Company Overview
8.2.2. Operating Business Segments
8.2.3. Business Performance
8.2.4. Key Strategic Moves And Developments

8.7. Schottel

8.7.1. Company Overview
8.7.2. Operating Business Segments
8.7.3. Business Performance
8.7.4. Key Strategic Moves And Developments

8.8. Schaffran Propeller + Service Gmbh

8.8.1. Company Overview
8.8.2. Operating Business Segments
8.8.3. Business Performance
8.8.4. Key Strategic Moves And Developments

8.9. Veem Ltd

8.9.1. Company Overview
8.9.2. Operating Business Segments
8.9.3. Business Performance
8.9.4. Key Strategic Moves And Developments

8.10. Wrtsil

8.2.1. Company Overview
8.2.2. Operating Business Segments
8.2.3. Business Performance
8.2.4. Key Strategic Moves And Developments

Other Players In The Value Chain Include:

Caterpillar Inc.
Kawasaki Heavy Industries, Ltd.
Changzhou Chonghai Marine Propeller Co.,Ltd
Teignbridge Propellers International Limited
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • Caterpillar Inc.
  • MAN Diesel & Turbo
  • Rolls-Royce plc
  • SCHOTTEL
  • VEEM LTD.
  • Wärtsilä
  • MORE
Automotive Axle & Propeller Shaft Market Report, forecasts that the global market is expected to garner $268 billion by 2022, registering a CAGR of 4.3% during the period 2016 - 2022. Passenger car segment is expected to maintain its dominant position throughout the forecast period. Asia-Pacific would continue to lead, accounting around 44% share of the world automotive axle & propeller shaft market in 2015.

Purpose of automotive axle is to transfer the driving torque from the differential to the vehicle's driving wheels whereas propeller shaft transfer the torque from gearbox to differential. Propeller shafts are widely used in vehicles where the distance between engine and differential is large. Increase in production of vehicles and increasing demand for comfort while driving the vehicle boosts the market growth. However, volatile prices of raw material used for manufacturing axle & propeller shaft such as steel, aluminum, and alloy of carbon restrain the market growth. Irrespective of these challenges, increase in demand for fuel efficient vehicle is expected to provide opportunity for the key market players in this market to provide low cost and fuel efficient components. Increase in adoption of all wheel drive (AWD) vehicles mostly in North America and Europe has further spurred the demand for axles and propeller shafts.

Axle type segment is further divided into live axle, dead axle, and tandem axle. As of 2015, live axle accounted for the largest revenue among others and is anticipated to witness the highest growth rate of 4.5% CAGR among others owing to increase in demand for all wheel drive (AWD) vehicles. Whereas, tandem axle is anticipated to witness the moderate growth during the forecast period. This is mainly due to increase in number of heavy commercial vehicles such as heavy duty buses and trucks.

Propeller shaft segment is further classified into single piece, multi piece, and slip in tube. Single piece propeller shaft is expected to maintain its lead throughout forecast period due to increase in number of passenger cars and light commercial vehicle. Single piece propeller shaft finds its application majorly in passenger cars and light commercial vehicle (LCV). In addition, the major advantage of equipping vehicles with single piece propeller shaft is minimum wear and tear owing to less moving parts as compared to other type of propeller shaft. Whereas, slip in tube propeller shaft is anticipated to witness the highest growth rate among others, owing to its benefits such as absorbing crash energy, as it can be compressed in the event of a crash.

Vehicle type segment is further divided into two wheeler, passenger cars and commercial vehicles. Passenger car segment is anticipated to maintain its dominant position throughout the analysis period. This is mainly due to increase in number of passenger cars, such as BEV, HEV, and conventional fuel cars. Two wheeler segment is anticipated to witness the highest growth rate owing to increase in number of electric and conventional two wheelers in developing economies, such as China, India, and Brazil.

Asia-Pacific accounted for the majority of revenue in 2015 and is expected to maintain its dominance throughout the forecast period. This is attributed to the increased adoption of electric vehicle and increase in sales of vehicles in the developing countries, such as China, India, Singapore, and Malaysia.

However, Asia Pacific is projected to be the fastest growing region throughout the analysis period. North America dominates the market in terms of commercial vehicles production, as majority of commercial vehicles suppliers are located in this region.

Key Findings of Automotive Axle & Propeller Shaft MarketStudy:

In 2015, live axle led the overall automotive axle revenue, and is projected to grow at a CAGR of 4.5% during the forecast period.
In 2015, single piece propeller led the overall automotive propeller shaft revenue, and is projected to grow at a CAGR of 7.3% during the forecast period.
Slip in tube propeller shaft segment is expected to grow at a remarkable CAGR of 8.5%, owing to the advantage such as help in crash energy management.
Passenger car segment is projected to generate the largest revenue in the world automotive axle & propeller shaft market.
Two wheeler segment is projected to grow at a CAGR of 6.7% during the analysis period.
China is the major shareholder accounting for about half share of the Asia-Pacific automotive axle & propeller shaft market.

The key players in the automotive axle & propeller shaft market are focused to expand their business operations in the fast-growing emerging countries with new product launches as a preferred strategy. The major players profiled in this report include American Axle & Manufacturing, Inc, ZF Friedrichshafen AG, Meritor, Inc., Dana Limited, SHOWA Corporation, IFA Rotorion, JTEKT Corporation, HYUNDAI DYMOS, GKN plc, Neapco Holdings LLC, CIE Automotive USA, Inc., Colfor Manufacturing, Inc., Dexter Axle Company, Fabco Automotive Corporation, NTK Precision Axle Corporation, Sypris Technologies, LLC, Westport Axle Corporation, and Magna International Inc.
Note: Product cover images may vary from those shown
5 of 5
  • Rolls-Royce plc
  • Wärtsilä
  • MAN Diesel & Turbo
  • Hyundai Heavy Industries Co., Ltd
  • MITSUBISHI HEAVY INDUSTRIES, LTD.
  • SCHOTTEL
  • Mecklenburger Metallguss GmbH
  • VEEM LTD.
  • SCHAFFRAN PROPELLER + SERVICE GMBH
  • NAKASHIMA PROPELLER Co., Ltd.
  • Caterpillar Inc.
  • Kawasaki Heavy Industries, Ltd.
  • Changzhou Chonghai Marine Propeller Co.,Ltd
  • Teignbridge Propellers International Limited
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll