THE global market for marine propellers is estimated to increase to $6.1 billion by 2026, from the projected $5 billion in 2022, driven by the growth in global seaborne trade, according to Global Industry Analysts Inc. (GIA).
GIA, one of the premier market research companies, published a report entitled, "Marine propellers – Global market trajectory and analytics." It said the world marine propellers market is projected to reach a revised size of $6.1 billion by 2026, with a compound annual growth rate of 4.5 percent.
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