China’s Controllable Pitch Propeller Industry Research and Investment, 2012-2017
China’s controllable pitch propeller industry started late, and domestic propelling system which uses controllable pitch propeller is still in its infancy phase. At present, the main domestic market is occupied by foreign enterprises.
China has become the world’s largest shipbuilding country, foreign controllable pitch propeller enterprises entered into China’s market in succession. China’s enterprises introduced foreign advanced technologies, and at the same time, they also innovated continuously and improved the independent R&D ability; at present, the performance of domestic products is closer to the international brands.
According to conservative statistics in 2012, there are 30% of the ships use controllable pitch propellers; the prospect is promising. With the continuous development of China’s ship industry and the continued improvement of consumers’ awareness towards controllable pitch propellers, it is estimated that by 2017, the utilization ratio of controllable pitch propeller will exceed 55%.
Companies Mentioned in this Report:
- Nanjing High Accurate Marine Equipment Co., Ltd.
- SMMC Marine Drive Systems (Suzhou) Co., Ltd.
- Wuhan Marine Machinery Plant Co., Ltd
- WARTSILA CME Zhenjiang Propeller Co., Ltd.
- Hangzhou Advance Gearbox Group Co., Ltd
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