Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Ship Variable-pitch Propeller Market by Type (4-blade Propeller, 3-blade Propeller, 5-blade Propeller, Other), By Application (Cruise Ship, Submarine, Large Carrier, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Ship Variable-pitch Propeller Market by Type (4-blade Propeller, 3-blade Propeller, 5-blade Propeller, Other), By Application (Cruise Ship, Submarine, Large Carrier, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 166641 3300 Machinery & Equipment 377 239 Pages 4.5 (36)

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.

Global Ship Variable-pitch Propeller Industry Outlook

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


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 Ship Variable-pitch Propeller Market Report Segments:

The global Ship Variable-pitch Propeller market is segmented on the basis of:


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.


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:

  1. Fountom Marine
  2. MAN Diesel
  3. Masson Marine
  4. Nakashima Propeller
  5. Rolls-Royce
  6. Schaffran Propeller + Service
  7. Schottel

Global Ship Variable-pitch Propeller Market Overview

Highlights of The Ship Variable-pitch Propeller 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. 4-blade Propeller
    2. 3-blade Propeller
    3. 5-blade Propeller
    4. Other
  1. By Application:

    1. Cruise Ship
    2. Submarine
    3. Large Carrier
    4. 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 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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Global Ship Variable-pitch Propeller 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?

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 Overview Financials Developments Strategic Outlook
      14.4.2. MAN Diesel Overview Financials Developments Strategic Outlook
      14.4.3. Masson Marine Overview Financials Developments Strategic Outlook
      14.4.4. Nakashima Propeller Overview Financials Developments Strategic Outlook
      14.4.5. Rolls-Royce Overview Financials Developments Strategic Outlook
      14.4.6. Schaffran Propeller + Service Overview Financials Developments Strategic Outlook
      14.4.7. Schottel Overview Financials Developments Strategic Outlook
      14.4.8. COMPANY8 Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 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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