Market Overview:
The global propeller nozzle market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The propeller nozzle market is segmented on the basis of type, application and region. On the basis of type, the carbon steel material segment is expected to account for a major share of the global propeller nozzle market in 2018. This can be attributed to its low cost as compared to other materials such as alloy material and stainless steel. However, with increasing awareness about environment-friendly products among consumers, the alloy material segment is expected to witness high growth during the forecast period. On the basis of application, yacht accounted for a majority share ofthe global propeller nozzle market in 2017 owingto its growing popularity among luxury travelers across different geographies.
Product Definition:
A propeller nozzle is a device that uses the energy of a high-speed jet of fluid to produce thrust. The fluid can be air, water, or any other substance. Propeller nozzles are used in many applications, including aircraft engines, water turbines, and gas turbines.
Carbon Steel Material:
Carbon steel material is one of the important raw materials used in the manufacturing of industrial valves and fittings. It has a high demand owing to its properties such as ductility, malleability, corrosion resistance along with strength. The global market for carbon steel is driven by growing construction and infrastructure activities coupled with rising demand from automotive sector especially in emerging economies including India, China and Brazil.
Alloy Material:
Alloy material is a combination of two or more metals with different melting points. The most common examples are steel and aluminum alloys. Materials such as titanium, nickel-titanium alloys, magnesium, zirconium nitride (NMC), and silicon carbide are also used in the production of alloy materials for propeller nozzles.
Application Insights:
The commercial ship application segment accounted for the largest revenue share of over 40% in 2017. Propeller nozzles are used on ships, boats and yachts to propel ships forward through the water by creating a thrust. The product is widely used in recreational boating as well as commercial shipping activities. Increasing demand for passenger travel services is expected to drive the growth of this application segment over the forecast period.
Yacht applications accounted for a significant market share in terms of revenue generation owing to increasing demand from high-income class consumers around the world seeking luxury yacht experiences at an affordable cost, particularly across emerging markets such as China and India. Rising awareness regarding superior aesthetics along with advanced features & functionalities offered by propeller nozzles designed specifically for yacht use is expected to fuel industry expansion over next eight years or so.
Regional Analysis:
Asia Pacific dominated the global propeller nozzle market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, such as China, India, Indonesia and Vietnam. These countries are witnessing strong economic growth owing to various factors such as industrialization of agriculture and manufacturing industry along with rapid urbanization & infrastructure development.
The demand for marine engines in Asia Pacific is anticipated to witness significant growth on account of increasing ship traffic across key trade routes including the Malacca Strait, Singapore Strait and Indian Ocean Route (IOR). Furthermore, rising disposable income coupled with a growing population has resulted in an increased demand for recreational watercrafts like yachts which will further propel product demand over the forecast period.
Europe accounted for a major share of revenue due to high penetration rates observed in Italy's coastal areas along with other regions including Greek Islands & Turkey & Croatia coastlines that attract tourists from all around Europe during summer season every year.
Growth Factors:
- Increasing demand for energy efficient and environment-friendly technologies
- Rising need for advanced and innovative industrial products
- Growing investments in research and development activities
- Proliferation of new applications across different industries
- Increasing adoption of propeller nozzles in developing countries
Scope Of The Report
Report Attributes
Report Details
Report Title
Propeller Nozzle Market Research Report
By Type
Carbon Steel Material, Alloy Material, Stainless Steel, Other
By Application
Yacht, Commercial Ship, Other
By Companies
Becker Marine Systems, CJR Propulsion, Hydro Armor Sales, Masson Marine, MAUCOUR FRANCE, Poseidon Propulsion, Promac, SPW, VETH PROPULSION
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Propeller Nozzle Market Report Segments:
The global Propeller Nozzle market is segmented on the basis of:
Types
Carbon Steel Material, Alloy Material, Stainless Steel, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Yacht, Commercial Ship, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Becker Marine Systems
- CJR Propulsion
- Hydro Armor Sales
- Masson Marine
- MAUCOUR FRANCE
- Poseidon Propulsion
- Promac
- SPW
- VETH PROPULSION
Highlights of The Propeller Nozzle Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Carbon Steel Material
- Alloy Material
- Stainless Steel
- Other
- By Application:
- Yacht
- Commercial Ship
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Propeller Nozzle Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A propeller nozzle is a component of an aircraft engine that helps to create thrust. It is located at the front of the engine and consists of a number of blades that are rotated by the engine's fan to create air movement. This movement causes the airplane to move forward or backward, depending on how much power is applied.
Some of the key players operating in the propeller nozzle market are Becker Marine Systems, CJR Propulsion, Hydro Armor Sales, Masson Marine, MAUCOUR FRANCE, Poseidon Propulsion, Promac, SPW, VETH PROPULSION.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Propeller Nozzle Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Propeller Nozzle Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Propeller Nozzle Market - Supply Chain
4.5. Global Propeller Nozzle Market Forecast
4.5.1. Propeller Nozzle Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Propeller Nozzle Market Size (000 Units) and Y-o-Y Growth
4.5.3. Propeller Nozzle Market Absolute $ Opportunity
5. Global Propeller Nozzle Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Propeller Nozzle Market Size and Volume Forecast by Type
5.3.1. Carbon Steel Material
5.3.2. Alloy Material
5.3.3. Stainless Steel
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Propeller Nozzle Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Propeller Nozzle Market Size and Volume Forecast by Application
6.3.1. Yacht
6.3.2. Commercial Ship
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Propeller Nozzle Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Propeller Nozzle Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Propeller Nozzle Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Propeller Nozzle Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Propeller Nozzle Demand Share Forecast, 2019-2026
9. North America Propeller Nozzle Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Propeller Nozzle Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Propeller Nozzle Market Size and Volume Forecast by Application
9.4.1. Yacht
9.4.2. Commercial Ship
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Propeller Nozzle Market Size and Volume Forecast by Type
9.7.1. Carbon Steel Material
9.7.2. Alloy Material
9.7.3. Stainless Steel
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Propeller Nozzle Demand Share Forecast, 2019-2026
10. Latin America Propeller Nozzle Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Propeller Nozzle Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Propeller Nozzle Market Size and Volume Forecast by Application
10.4.1. Yacht
10.4.2. Commercial Ship
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Propeller Nozzle Market Size and Volume Forecast by Type
10.7.1. Carbon Steel Material
10.7.2. Alloy Material
10.7.3. Stainless Steel
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Propeller Nozzle Demand Share Forecast, 2019-2026
11. Europe Propeller Nozzle Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Propeller Nozzle Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Propeller Nozzle Market Size and Volume Forecast by Application
11.4.1. Yacht
11.4.2. Commercial Ship
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Propeller Nozzle Market Size and Volume Forecast by Type
11.7.1. Carbon Steel Material
11.7.2. Alloy Material
11.7.3. Stainless Steel
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Propeller Nozzle Demand Share, 2019-2026
12. Asia Pacific Propeller Nozzle Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Propeller Nozzle Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Propeller Nozzle Market Size and Volume Forecast by Application
12.4.1. Yacht
12.4.2. Commercial Ship
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Propeller Nozzle Market Size and Volume Forecast by Type
12.7.1. Carbon Steel Material
12.7.2. Alloy Material
12.7.3. Stainless Steel
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Propeller Nozzle Demand Share, 2019-2026
13. Middle East & Africa Propeller Nozzle Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Propeller Nozzle Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Propeller Nozzle Market Size and Volume Forecast by Application
13.4.1. Yacht
13.4.2. Commercial Ship
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Propeller Nozzle Market Size and Volume Forecast by Type
13.7.1. Carbon Steel Material
13.7.2. Alloy Material
13.7.3. Stainless Steel
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Propeller Nozzle Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Propeller Nozzle Market: Market Share Analysis
14.2. Propeller Nozzle Distributors and Customers
14.3. Propeller Nozzle Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Becker Marine Systems
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. CJR Propulsion
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hydro Armor Sales
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Masson Marine
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MAUCOUR FRANCE
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Poseidon Propulsion
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Promac
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SPW
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. VETH PROPULSION
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
