Market Overview:
The Global Ship Variable-pitch Propeller Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cruise ships and submarines across the globe. Additionally, the increasing adoption of variable-pitch propellers by large carriers is also contributing to the growth of this market. Based on type, the global ship variable-pitch propeller market can be segmented into 4-blade propeller, 3-blade propeller, 5-blade propeller and other types. The 4 blade propellers segment is expected to hold a major share of this market during the forecast period owing to its high efficiency and low noise levels as compared to other types of blades. Based on application, this market can be divided into cruise ships, submarines, large carriers and other applications such as dredgers and fishing boats etc.
Product Definition:
The ship variable-pitch propeller is a type of propeller that can change its pitch (angle) to adapt to different operating conditions. This allows the propeller to provide optimum performance for a variety of situations, such as varying speeds and loads. The importance of the ship variable-pitch propeller is that it can optimize performance, providing greater efficiency and better fuel economy.
4-blade Propeller:
4-blade propeller is a type of ship variable-pitch propeller, which has blades mounted at a common hub with four or more radial shafts. The blade pitch can be varied by changing the number of blades present in the mounting. A two-bladed propeller has one blade fixed and the other being free to move; while a three-bladed, four-bladed or five blad edpropeller possess each pair of blades.
3-blade Propeller:
3-blade propeller is a type of ship's propeller which consists of three blades mounted in a hub. The blade pitch can be altered by altering the speed of the driving engine. A variable-pitch propeller allows alteration in blade pitch while keeping the ships speed constant, thus providing an efficient way to drive ships with different hull sizes and power requirements at reduced fuel consumption.
The 3-blade propellers are widely used on cruise ships.
Application Insights:
The large carrier application segment accounted for the largest revenue share of over 40% in 2017. The demand for VPP is expected to increase owing to the growing maritime trade between Asia Pacific and North America regions. In addition, factors such as increasing number of cruise ships operating on short-sea routes between Europe and Asia Pacific are anticipated to augment market growth over the forecast period.
The other application segment includes riverine warfare, coastal defense, patrol boats, tugs and barges among others. Other applications require less power compared with other types of vessels so that makes them ideal candidates for use with four-blade propellers or three-blade propellers as they provide good efficiency while consuming low power engines.
Regional Analysis:
The market in Asia Pacific and South America is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing cruise tourism in emerging countries such as China, India, Thailand, Philippines, Singapore and Indonesia. Moreover rising demand for luxury cruises has also been driving the regional market growth.
Increasing investments by cruise ship operators are anticipated to drive the VPP market further. For instance Royal Caribbean International has announced its plan of building two new ships with option for customization based on passenger requirements which will start from 2019 onwards; one is Quantum Class which accommodates 3 thousand passengers while other one is Oasis Class with capacity to carry 4 thousand passengers each time they book). Such developments are projected to boost propeller sales across this region over next eight years till 2030 timeframe.
Growth Factors:
- Increasing demand for maritime transport: The global maritime trade is expected to grow at a CAGR of around 4% during the forecast period, owing to the increasing demand for seaborne transportation of goods and passengers. This is expected to drive the growth of the ship variable-pitch propeller market.
- Proliferation of cruise tourism: The cruise tourism industry is growing rapidly, with an increase in both passenger traffic and new ship orders. This is anticipated to boost the demand for ship variable-pitch propellers in the coming years.
- Stringent regulations on emissions from ships: Governments across the world are implementing stringent regulations on emissions from ships, in order to reduce their environmental impact. This is likely to drivethe adoptionofshipvariable-pitchpropellersin themarketduringtheforecastperiod .
Scope Of The Report
Report Attributes
Report Details
Report Title
Ship Variable-pitch Propeller Market Research Report
By Type
4-blade Propeller, 3-blade Propeller, 5-blade Propeller, Other
By Application
Cruise Ship, Submarine, Large Carrier, Other
By Companies
Fountom Marine, MAN Diesel, Masson Marine, Nakashima Propeller, Rolls-Royce, Schaffran Propeller + Service, Schottel
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Ship Variable-pitch Propeller Market Report Segments:
The global Ship Variable-pitch Propeller market is segmented on the basis of:
Types
4-blade Propeller, 3-blade Propeller, 5-blade Propeller, 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
Cruise Ship, Submarine, Large Carrier, 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:
- Fountom Marine
- MAN Diesel
- Masson Marine
- Nakashima Propeller
- Rolls-Royce
- Schaffran Propeller + Service
- Schottel
Highlights of The Ship Variable-pitch Propeller 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:
- 4-blade Propeller
- 3-blade Propeller
- 5-blade Propeller
- Other
- By Application:
- Cruise Ship
- Submarine
- Large Carrier
- 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 Ship Variable-pitch Propeller 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.
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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?
Ship variable-pitch propellers are used on ships to provide more efficient propulsion. They allow the ship to change the pitch of its propeller blades, which in turn allows it to move through water more efficiently.
Some of the major players in the ship variable-pitch propeller market are Fountom Marine, MAN Diesel, Masson Marine, Nakashima Propeller, Rolls-Royce, Schaffran Propeller + Service, Schottel.
The ship variable-pitch propeller market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ship Variable-pitch Propeller 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. Ship Variable-pitch Propeller Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ship Variable-pitch Propeller Market - Supply Chain
4.5. Global Ship Variable-pitch Propeller Market Forecast
4.5.1. Ship Variable-pitch Propeller Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ship Variable-pitch Propeller Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ship Variable-pitch Propeller Market Absolute $ Opportunity
5. Global Ship Variable-pitch Propeller 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. Ship Variable-pitch Propeller Market Size and Volume Forecast by Type
5.3.1. 4-blade Propeller
5.3.2. 3-blade Propeller
5.3.3. 5-blade Propeller
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ship Variable-pitch Propeller 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. Ship Variable-pitch Propeller Market Size and Volume Forecast by Application
6.3.1. Cruise Ship
6.3.2. Submarine
6.3.3. Large Carrier
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ship Variable-pitch Propeller 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. Ship Variable-pitch Propeller 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 Ship Variable-pitch Propeller 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. Ship Variable-pitch Propeller 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 Ship Variable-pitch Propeller Demand Share Forecast, 2019-2026
9. North America Ship Variable-pitch Propeller 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 Ship Variable-pitch Propeller 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 Ship Variable-pitch Propeller Market Size and Volume Forecast by Application
9.4.1. Cruise Ship
9.4.2. Submarine
9.4.3. Large Carrier
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ship Variable-pitch Propeller Market Size and Volume Forecast by Type
9.7.1. 4-blade Propeller
9.7.2. 3-blade Propeller
9.7.3. 5-blade Propeller
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 Ship Variable-pitch Propeller Demand Share Forecast, 2019-2026
10. Latin America Ship Variable-pitch Propeller 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 Ship Variable-pitch Propeller 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 Ship Variable-pitch Propeller Market Size and Volume Forecast by Application
10.4.1. Cruise Ship
10.4.2. Submarine
10.4.3. Large Carrier
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ship Variable-pitch Propeller Market Size and Volume Forecast by Type
10.7.1. 4-blade Propeller
10.7.2. 3-blade Propeller
10.7.3. 5-blade Propeller
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 Ship Variable-pitch Propeller Demand Share Forecast, 2019-2026
11. Europe Ship Variable-pitch Propeller 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 Ship Variable-pitch Propeller 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 Ship Variable-pitch Propeller Market Size and Volume Forecast by Application
11.4.1. Cruise Ship
11.4.2. Submarine
11.4.3. Large Carrier
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ship Variable-pitch Propeller Market Size and Volume Forecast by Type
11.7.1. 4-blade Propeller
11.7.2. 3-blade Propeller
11.7.3. 5-blade Propeller
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 Ship Variable-pitch Propeller Demand Share, 2019-2026
12. Asia Pacific Ship Variable-pitch Propeller 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 Ship Variable-pitch Propeller 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 Ship Variable-pitch Propeller Market Size and Volume Forecast by Application
12.4.1. Cruise Ship
12.4.2. Submarine
12.4.3. Large Carrier
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ship Variable-pitch Propeller Market Size and Volume Forecast by Type
12.7.1. 4-blade Propeller
12.7.2. 3-blade Propeller
12.7.3. 5-blade Propeller
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 Ship Variable-pitch Propeller Demand Share, 2019-2026
13. Middle East & Africa Ship Variable-pitch Propeller 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 Ship Variable-pitch Propeller 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 Ship Variable-pitch Propeller Market Size and Volume Forecast by Application
13.4.1. Cruise Ship
13.4.2. Submarine
13.4.3. Large Carrier
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ship Variable-pitch Propeller Market Size and Volume Forecast by Type
13.7.1. 4-blade Propeller
13.7.2. 3-blade Propeller
13.7.3. 5-blade Propeller
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 Ship Variable-pitch Propeller Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ship Variable-pitch Propeller Market: Market Share Analysis
14.2. Ship Variable-pitch Propeller Distributors and Customers
14.3. Ship Variable-pitch Propeller Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fountom Marine
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. MAN Diesel
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Masson Marine
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nakashima Propeller
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Rolls-Royce
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Schaffran Propeller + Service
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Schottel
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
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
