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 Marine Azimuth Thrusters in global, including the following market information:
Global Marine Azimuth Thrusters Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Marine Azimuth Thrusters Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Marine Azimuth Thrusters companies in 2021 (%)
The global Marine Azimuth Thrusters market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % 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 Marine Azimuth Thrusters include SCHOTTEL Group, Rolls-Royce, Niigata Power Systems , Cat Propulsion, Brunvoll, Thrustmaster, Kawasaki, Steerprop and Wärtsilä 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 Marine 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 Marine Azimuth Thrusters Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Marine Azimuth Thrusters Market Segment Percentages, by Type, 2021 (%)
Less than 1500KW
1500KW-3500KW
More than 3500KW
Global Marine Azimuth Thrusters Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Marine Azimuth Thrusters Market Segment Percentages, by Application, 2021 (%)
Tugboat
Offshore Support Vessel
Ferries and Freighter
Others
Global Marine Azimuth Thrusters Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Marine 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 Marine Azimuth Thrusters revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Marine Azimuth Thrusters revenues share in global market, 2021 (%)
Key companies Marine Azimuth Thrusters sales in global market, 2017-2022 (Estimated), (Units)
Key companies Marine Azimuth Thrusters sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
SCHOTTEL Group
Rolls-Royce
Niigata Power Systems 
Cat Propulsion
Brunvoll
Thrustmaster
Kawasaki
Steerprop
Wärtsilä Corporation
ABB Marine 
Voith Turbo
ZF Friedrichshafen AG
Veth Propulsion
NGC
Jastram
Wuxi Ruifeng Marine
Hydromaster