The marine propellers market was worth about $3.5 billion in 2021. This market is expected to grow to $5.7 billion by 2029, which is like a steady increase of about 6.8% every year. Marine propellers are a crucial component of watercraft, responsible for converting the engine's power into thrust and enabling a vessel's movement through water. Over the years, advancements in materials, design, and manufacturing processes have led to significant improvements in the efficiency, performance, and environmental impact of marine propellers.

Informational Source:

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

List of Key Companies Covered in Marine Propeller Market 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)
• Andritz AG (Austria)