The global marine propeller market was valued at USD 3.48 billion in 2021 and is expected to grow from USD 3.60 billion in 2022 to USD 5.68 billion by 2029, with an annual growth rate of 6.76%.

A recent report by Fortune Business Insights™ highlights that new technologies and the increasing use of fixed propellers in ships will drive market growth. The rising demand for real-time data tracking and eco-friendly propulsion systems is also shaping the industry's future. However, the ongoing Russia-Ukraine war may impact market trends in the coming years.

Know More Information:

https://www.fortunebusinessinsights.com/marine-propeller-market-103074

Major Players Profiled Covered in Marine Propeller Market Report are:

• AB Volvo (Sweden)
• Brunswick Corporation (U.S.)
• Kongsberg Gruppen (Norway)
• Mecklenburger Metallguss GmbH (Germany)
• Bruntons Propellers Ltd. (U.K.)
• Hyundai Heavy Industries Co., Ltd. (South Korea)
• Kawasaki Heavy Industries, Ltd. (Japan)
• MAN SE (Germany)
• NAKASHIMA PROPELLER Co., Ltd. (Japan)
• Rolls-Royce plc (U.K.)
• SCHOTTEL Group (Germany)
• Michigan Wheel Holdings LLC (U.S.)
• Wärtsilä Corporation (Finland)
• VEEM Propellers Ltd. (Australia)