The marine propeller market is shaped by several influential factors. The push toward reduction of greenhouse gas emissions and the implementation of stricter environmental regulations have spurred a need for fuel-efficient and eco-friendly propulsion systems. Advancements in technology offer marine propellers with higher efficiency, optimized design, and improved materials, all...
Discover more insightsThe marine fender market is expected to witness substantial growth, predominantly driven by the surge in global maritime trade. The increasing need for accommodative infrastructure for larger vessels, coupled with the prioritization of maritime safety in ports around the world, is accelerating the demand for quality marine fenders. In depth...
Discover more insightsGlobal penetration of water scooters has been on a significant rise, driven by a combination of factors. Notably, there's been a surge in coastal recreational and fun activities, propelled by increased world population and disposable income. Additionally, recognising the environmental impact, manufacturers are turning to more sustainable material usage and...
Discover more insightsThe marine equipment industry, covering a broad spectrum of commodities ranging from boats, motors, to related accessories and parts, is anticipated to experience significant growth. This is largely linked to the projected increase in global marine tourism, driven by heightened consumer disposable income combined with improving global economic conditions. Demand...
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