What is the current size of the marine propeller market, and how fast is it growing?

The market stands at USD 4.48 billion in 2025 and is projected to reach roughly USD 6.17 billion by 2030, advancing at a 6.6% CAGR. Read More

Which propeller type is expanding the fastest?

Controllable-pitch propellers lead growth with a 6.7% CAGR due to their ability to improve fuel efficiency and meet IMO EEXI and CII targets. Read More

Which regions matter most for demand today and tomorrow?

Asia-Pacific commands 43.7% of 2024 revenue, while Western Asia is the fastest-growing area with a 6.1% CAGR driven by offshore-support vessel orders. Read More

What is the single most important market driver?

Mandatory IMO EEXI and CII regulations that link propulsion efficiency to operating licenses and financing, prompting widespread retrofit activity. Read More

What cost or supply challenge most affects manufacturers?

Volatile prices for nickel-aluminum bronze and composite materials can account for up to 60% of a premium propeller’s cost, pressuring margins and complicating long-term contracts. Read More

How concentrated is the competitive landscape?

The top five suppliers hold more than half of the combined share, giving the market a moderate concentration score of 6 while leaving room for regional specialists. Read More

Marine Propeller Companies

This report lists the top Marine Propeller companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Marine Propeller industry.

About This Report
- Market Size & Share
- Market Analysis
- Trends and Insights
- Segment Analysis
- Geography Analysis
- Competitive Landscape
- Major Players
- Recent Developments
Table of Contents
SCOPE OF THE REPORT
Market Definition