DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/4jlsft/_marine_propeller) has announced the addition of the " Marine Propeller Market by Number of Blades, Type , Application, Material - Global Forecasts, Trends & Analysis (2014-2020)" report to their offering.
The global marine propeller market is estimated to be valued at $3.67 Billion in 2015 and is projected to grow $5.94 Billion by 2020, at a CAGR of 10.07%.
The research report on the marine propeller market provides a projected analysis for the next six years. It discusses the industry, market, and technology trends that are currently prevailing with respect to marine propellers. The marine propellers market is segmented on the basis of the number of blades, type, application and the material being.
Over the last decade, marine technology especially propulsion systems has undergone rapid technological advancements to deliver more efficient output by reducing the consumption of diesel and other non-renewable sources of energy. Fuel savings can be achieved if we use hybrid power marine propulsion systems. These include solar panels, Lithium batteries and wind power propulsion systems. Investments in R&D have been made so that fuel efficient propulsion systems and propellers can be installed in a mass scale in the near future. Delivering compatible propellers to suit hybrid technology will remain one of the key drivers during the forecast period in the global marine propeller market.
APAC is estimated to account for a significant share in the marine propellers market in 2014. Large-scale production and demand in the China is projected to continue to influence the share of these countries in the marine propeller market over the projected period. Moreover new R&D programs for the advancement of technology of the marine propellers are projected to add to the growth of this market. Europe has the second-largest share with Germany, Turkey, Russia, and the U.K. being the prominent markets. Japan, China, and South Korea are projected to be the prominent markets in the Asia-Pacific region.
Hyundai Heavy Industries Co. Ltd (South Korea), Rolls-Royce Holdings (U.K.), Mitsubishi Heavy Industries, Ltd.(Japan), Man Se Corporation (Germany), and Caterpillar Inc. (U.S) are the key global players.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Marine Propeller Market, By Number of Blades
8 Marine Propeller Market, By Type
9 Marine Propeller Market, By Application
10 Geographic Analysis
11 Competitive Landscape
12 Company Profiles
- Caterpillar Inc
- Hyundai Heavy Industries Co.Ltd
- Man SE Corporation.
- Mitsubishi Heavy Industries, Ltd
- Nakashima Propellers Co, Ltd
- Rolls-Royce Holdings Plc
- Schaffran Propeller GmbH.
- Schottel GmbH.
- Teignbridge Propellers
- Veem Limited
- Wartsila Oyj Abp
For more information visit http://www.researchandmarkets.com/research/4jlsft/_marine_propeller
