What is the current Passenger Vessel Propeller Market size?

The Passenger Vessel Propeller Market is projected to register a CAGR of greater than 5.70% during the forecast period (2024-2029) Read More

Who are the key players in Passenger Vessel Propeller Market?

Mecklenburger Metallguss GmbH, Wärtsilä Oyj Abp, MAN Energy Solutions SE, Hyundai Heavy Industries Co., and Schottel are the major companies operating in the Passenger Vessel Propeller Market. Read More

Which is the fastest growing region in Passenger Vessel Propeller Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Passenger Vessel Propeller Market?

In 2024, the Asia-Pacific accounts for the largest market share in Passenger Vessel Propeller Market. Read More

What years does this Passenger Vessel Propeller Market cover?

The report covers the Passenger Vessel Propeller Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Passenger Vessel Propeller Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Passenger Vessel Propeller Market Size & Share Analysis - Industry Research Report

Passenger Vessel Propeller Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Passenger Vessel Propeller market has been segmented by Propeller Type (Fixed Pitch Propeller, Controllable Pitch Propeller, and Other Propeller Types), Number of Blades (3 Blades, 4 Blades, 5 Blades, and Others), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The report offers market size and forecast for the search and rescue aircraft in value (In USD billion) for the above-mentioned segments.

Passenger Vessel Propeller Industry Overview

The Passenger Vessel Propeller Market is moderately fragmented. Some of the major players in the marine propeller market include Mecklenburger Metallguss GmbH (MMG), Wärtsilä Oyj Abp, MAN Energy Solutions, Hyundai Heavy Industries Co. Ltd, SCHOTTEL, Nakashima Propeller Co. Ltd, Schottel Group, VEEM Ltd, and Kawasaki Heavy Industries Ltd. Owing to the increased tourist inclination toward leisure travel, cruise liners along with leisure boating companies have been investing in expanding their service routes across different water bodies, creating market growth opportunities and greater competitive rivalry.