Latest research report on “Azimuth Thrusters Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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An azimuth thruster is a configuration of marine propellers placed in pods that can be rotated to any horizontal angle (azimuth), making a rudder unnecessary. These give ships better maneuverability than a fixed propeller and rudder system.
This report contains market size and forecasts of Azimuth Thrusters in global, including the following market information:
Global Azimuth Thrusters Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Azimuth Thrusters Market Sales, 2017-2022, 2023-2028, (Unit)
Global top five Azimuth Thrusters companies in 2021 (%)
The global Azimuth Thrusters market was valued at 553.8 million in 2021 and is projected to reach US$ 507.3 million by 2028, at a CAGR of -1.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Less than 1500KW Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Azimuth Thrusters include SCHOTTEL Group, Kongsberg Maritime, IHI, Cat Propulsion, Brunvoll, Thrustmaster, Kawasaki, Steerprop and Wartsila Corporation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Azimuth Thrusters manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Azimuth Thrusters Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Unit)
Global Azimuth Thrusters Market Segment Percentages, by Type, 2021 (%)
– Less than 1500KW
– 1500KW-3500KW
– More than 3500KW
Global Azimuth Thrusters Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Unit)
Global Azimuth Thrusters Market Segment Percentages, by Application, 2021 (%)
– Tugboat
– Offshore Support Vessel
– Ferries and Freighter
– Others
Global Azimuth Thrusters Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Unit)
Global Azimuth Thrusters Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– Europe
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– Asia
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Azimuth Thrusters revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Azimuth Thrusters revenues share in global market, 2021 (%)
Key companies Azimuth Thrusters sales in global market, 2017-2022 (Estimated), (Unit)
Key companies Azimuth Thrusters sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– SCHOTTEL Group
– Kongsberg Maritime
– IHI
– Cat Propulsion
– Brunvoll
– Thrustmaster
– Kawasaki
– Steerprop
– Wartsila Corporation
– ABB Marine
– Voith Turbo
– ZF Friedrichshafen AG
– Veth Propulsion
– NGC
– Jastram
– Wuxi Ruifeng Marine
– Hydromaster
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