Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Propeller Nozzle Market by Type (Carbon Steel Material, Alloy Material, Stainless Steel, Other), By Application (Yacht, Commercial Ship, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Propeller Nozzle Market by Type (Carbon Steel Material, Alloy Material, Stainless Steel, Other), By Application (Yacht, Commercial Ship, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 156530 3300 Machinery & Equipment 377 247 Pages 5 (31)

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.

Global Propeller Nozzle Industry Outlook

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


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


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:


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.


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:

  1. Becker Marine Systems
  2. CJR Propulsion
  3. Hydro Armor Sales
  4. Masson Marine
  6. Poseidon Propulsion
  7. Promac
  8. SPW

Global Propeller Nozzle Market Overview

Highlights of The Propeller Nozzle Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Carbon Steel Material
    2. Alloy Material
    3. Stainless Steel
    4. Other
  1. By Application:

    1. Yacht
    2. Commercial Ship
    3. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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

Global Propeller Nozzle Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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 Overview Financials Developments Strategic Outlook
      14.4.2. CJR Propulsion Overview Financials Developments Strategic Outlook
      14.4.3. Hydro Armor Sales Overview Financials Developments Strategic Outlook
      14.4.4. Masson Marine Overview Financials Developments Strategic Outlook
      14.4.5. MAUCOUR FRANCE Overview Financials Developments Strategic Outlook
      14.4.6. Poseidon Propulsion Overview Financials Developments Strategic Outlook
      14.4.7. Promac Overview Financials Developments Strategic Outlook
      14.4.8. SPW Overview Financials Developments Strategic Outlook
      14.4.9. VETH PROPULSION Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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