Azimuth and Tunnel Thrusters Industry Research Report 2023

Azimuth and Tunnel Thrusters Industry Research Report 2023


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.
Tunnel thrusters are installed in the bow or stern in order to improve docking, slow speed maneuvering, emergency steering and station keeping at zero or slow forward speed.

Highlights


The global Azimuth and Tunnel Thrusters market is projected to reach US$ million by 2028 from an estimated US$ million in 2022, at a CAGR of % during 2024 and 2029.
In the global azimuth and tunnel thruster market, China is the largest consumer, accounting for about 27% of the market share, followed by Japan and South Korea, each accounting for 19% and 18%.
The main manufacturers are Kawasaki, Wärtsilä Corporation, SCOTTEL Group, Kongsberg and Brunvoll, of which Kawasaki is the largest manufacturer, accounting for about 18%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Azimuth and Tunnel Thrusters, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Azimuth and Tunnel Thrusters.
The Azimuth and Tunnel Thrusters market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Azimuth and Tunnel Thrusters market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Azimuth and Tunnel Thrusters manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2017-2022. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
Wärtsilä Corporation
SCHOTTEL Group
Kawasaki
Kongsberg
Berg Propulsion
Brunvoll
IHI
Thrustmaster
Veth Propulsion
Steerprop
ZF Friedrichshafen AG
NGC
ABB Marine
Voith Turbo
Jastram
Wuxi Ruifeng Marine
Hydromaster

Product Type Insights

Global markets are presented by Azimuth and Tunnel Thrusters type, along with growth forecasts through 2029. Estimates on production and value are based on the price in the supply chain at which the Azimuth and Tunnel Thrusters are procured by the manufacturers.
This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows production and revenue data by type, and during the historical period (2018-2023) and forecast period (2024-2029).
Azimuth and Tunnel Thrusters segment by Type
Azimuth Thrusters
Tunnel Thrusters

Application Insights

This report has provided the market size (production and revenue data) by application, during the historical period (2018-2023) and forecast period (2024-2029).
This report also outlines the market trends of each segment and consumer behaviors impacting the Azimuth and Tunnel Thrusters market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the Azimuth and Tunnel Thrusters market.
Azimuth and Tunnel Thrusters segment by Application
Oil & Gas Rig
Military Vessels
Ferry (Passenger Ship and RoRo-Passenger Ship)
Cruise Ship
Offshore Vessel
Oil Tanker
Chemical Tanker
LNG Carrier
LPG Carrier
Other

Regional Outlook

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and sales data of each region and country for the period 2018-2029.
The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2022 because of the base year, with estimates for 2023 and forecast value for 2029.
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

COVID-19 and Russia-Ukraine War Influence Analysis

The readers in the section will understand how the Azimuth and Tunnel Thrusters market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Reasons to Buy This Report

This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Azimuth and Tunnel Thrusters market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
This report will help stakeholders to understand the global industry status and trends of Azimuth and Tunnel Thrusters and provides them with information on key market drivers, restraints, challenges, and opportunities.
This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
This report stays updated with novel technology integration, features, and the latest developments in the market
This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Azimuth and Tunnel Thrusters industry.
This report helps stakeholders to gain insights into which regions to target globally
This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Azimuth and Tunnel Thrusters.
This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Core Chapters

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Azimuth and Tunnel Thrusters manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Azimuth and Tunnel Thrusters by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Azimuth and Tunnel Thrusters in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.

Frequently Asked Questions

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1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Azimuth and Tunnel Thrusters by Type
2.2.1 Market Value Comparison by Type (2018 VS 2022 VS 2029) & (US$ Million)
1.2.2 Azimuth Thrusters
1.2.3 Tunnel Thrusters
2.3 Azimuth and Tunnel Thrusters by Application
2.3.1 Market Value Comparison by Application (2018 VS 2022 VS 2029) & (US$ Million)
2.3.2 Oil & Gas Rig
2.3.3 Military Vessels
2.3.4 Ferry (Passenger Ship and RoRo-Passenger Ship)
2.3.5 Cruise Ship
2.3.6 Offshore Vessel
2.3.7 Oil Tanker
2.3.8 Chemical Tanker
2.3.9 LNG Carrier
2.3.10 LPG Carrier
2.3.11 Other
2.4 Global Market Growth Prospects
2.4.1 Global Azimuth and Tunnel Thrusters Production Value Estimates and Forecasts (2018-2029)
2.4.2 Global Azimuth and Tunnel Thrusters Production Capacity Estimates and Forecasts (2018-2029)
2.4.3 Global Azimuth and Tunnel Thrusters Production Estimates and Forecasts (2018-2029)
2.4.4 Global Azimuth and Tunnel Thrusters Market Average Price (2018-2029)
3 Market Competitive Landscape by Manufacturers
3.1 Global Azimuth and Tunnel Thrusters Production by Manufacturers (2018-2023)
3.2 Global Azimuth and Tunnel Thrusters Production Value by Manufacturers (2018-2023)
3.3 Global Azimuth and Tunnel Thrusters Average Price by Manufacturers (2018-2023)
3.4 Global Azimuth and Tunnel Thrusters Industry Manufacturers Ranking, 2021 VS 2022 VS 2023
3.5 Global Azimuth and Tunnel Thrusters Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Azimuth and Tunnel Thrusters Manufacturers, Product Type & Application
3.7 Global Azimuth and Tunnel Thrusters Manufacturers, Date of Enter into This Industry
3.8 Global Azimuth and Tunnel Thrusters Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Wärtsilä Corporation
4.1.1 Wärtsilä Corporation Azimuth and Tunnel Thrusters Company Information
4.1.2 Wärtsilä Corporation Azimuth and Tunnel Thrusters Business Overview
4.1.3 Wärtsilä Corporation Azimuth and Tunnel Thrusters Production, Value and Gross Margin (2018-2023)
4.1.4 Wärtsilä Corporation Product Portfolio
4.1.5 Wärtsilä Corporation Recent Developments
4.2 SCHOTTEL Group
4.2.1 SCHOTTEL Group Azimuth and Tunnel Thrusters Company Information
4.2.2 SCHOTTEL Group Azimuth and Tunnel Thrusters Business Overview
4.2.3 SCHOTTEL Group Azimuth and Tunnel Thrusters Production, Value and Gross Margin (2018-2023)
4.2.4 SCHOTTEL Group Product Portfolio
4.2.5 SCHOTTEL Group Recent Developments
4.3 Kawasaki
4.3.1 Kawasaki Azimuth and Tunnel Thrusters Company Information
4.3.2 Kawasaki Azimuth and Tunnel Thrusters Business Overview
4.3.3 Kawasaki Azimuth and Tunnel Thrusters Production, Value and Gross Margin (2018-2023)
4.3.4 Kawasaki Product Portfolio
4.3.5 Kawasaki Recent Developments
4.4 Kongsberg
4.4.1 Kongsberg Azimuth and Tunnel Thrusters Company Information
4.4.2 Kongsberg Azimuth and Tunnel Thrusters Business Overview
4.4.3 Kongsberg Azimuth and Tunnel Thrusters Production, Value and Gross Margin (2018-2023)
4.4.4 Kongsberg Product Portfolio
4.4.5 Kongsberg Recent Developments
4.5 Berg Propulsion
4.5.1 Berg Propulsion Azimuth and Tunnel Thrusters Company Information
4.5.2 Berg Propulsion Azimuth and Tunnel Thrusters Business Overview
4.5.3 Berg Propulsion Azimuth and Tunnel Thrusters Production, Value and Gross Margin (2018-2023)
4.5.4 Berg Propulsion Product Portfolio
4.5.5 Berg Propulsion Recent Developments
4.6 Brunvoll
4.6.1 Brunvoll Azimuth and Tunnel Thrusters Company Information
4.6.2 Brunvoll Azimuth and Tunnel Thrusters Business Overview
4.6.3 Brunvoll Azimuth and Tunnel Thrusters Production, Value and Gross Margin (2018-2023)
4.6.4 Brunvoll Product Portfolio
4.6.5 Brunvoll Recent Developments
4.7 IHI
4.7.1 IHI Azimuth and Tunnel Thrusters Company Information
4.7.2 IHI Azimuth and Tunnel Thrusters Business Overview
4.7.3 IHI Azimuth and Tunnel Thrusters Production, Value and Gross Margin (2018-2023)
4.7.4 IHI Product Portfolio
4.7.5 IHI Recent Developments
4.8 Thrustmaster
4.8.1 Thrustmaster Azimuth and Tunnel Thrusters Company Information
4.8.2 Thrustmaster Azimuth and Tunnel Thrusters Business Overview
4.8.3 Thrustmaster Azimuth and Tunnel Thrusters Production, Value and Gross Margin (2018-2023)
4.8.4 Thrustmaster Product Portfolio
4.8.5 Thrustmaster Recent Developments
4.9 Veth Propulsion
4.9.1 Veth Propulsion Azimuth and Tunnel Thrusters Company Information
4.9.2 Veth Propulsion Azimuth and Tunnel Thrusters Business Overview
4.9.3 Veth Propulsion Azimuth and Tunnel Thrusters Production, Value and Gross Margin (2018-2023)
4.9.4 Veth Propulsion Product Portfolio
4.9.5 Veth Propulsion Recent Developments
4.10 Steerprop
4.10.1 Steerprop Azimuth and Tunnel Thrusters Company Information
4.10.2 Steerprop Azimuth and Tunnel Thrusters Business Overview
4.10.3 Steerprop Azimuth and Tunnel Thrusters Production, Value and Gross Margin (2018-2023)
4.10.4 Steerprop Product Portfolio
4.10.5 Steerprop Recent Developments
7.11 ZF Friedrichshafen AG
7.11.1 ZF Friedrichshafen AG Azimuth and Tunnel Thrusters Company Information
7.11.2 ZF Friedrichshafen AG Azimuth and Tunnel Thrusters Business Overview
4.11.3 ZF Friedrichshafen AG Azimuth and Tunnel Thrusters Production, Value and Gross Margin (2018-2023)
7.11.4 ZF Friedrichshafen AG Product Portfolio
7.11.5 ZF Friedrichshafen AG Recent Developments
7.12 NGC
7.12.1 NGC Azimuth and Tunnel Thrusters Company Information
7.12.2 NGC Azimuth and Tunnel Thrusters Business Overview
7.12.3 NGC Azimuth and Tunnel Thrusters Production, Value and Gross Margin (2018-2023)
7.12.4 NGC Product Portfolio
7.12.5 NGC Recent Developments
7.13 ABB Marine
7.13.1 ABB Marine Azimuth and Tunnel Thrusters Company Information
7.13.2 ABB Marine Azimuth and Tunnel Thrusters Business Overview
7.13.3 ABB Marine Azimuth and Tunnel Thrusters Production, Value and Gross Margin (2018-2023)
7.13.4 ABB Marine Product Portfolio
7.13.5 ABB Marine Recent Developments
7.14 Voith Turbo
7.14.1 Voith Turbo Azimuth and Tunnel Thrusters Company Information
7.14.2 Voith Turbo Azimuth and Tunnel Thrusters Business Overview
7.14.3 Voith Turbo Azimuth and Tunnel Thrusters Production, Value and Gross Margin (2018-2023)
7.14.4 Voith Turbo Product Portfolio
7.14.5 Voith Turbo Recent Developments
7.15 Jastram
7.15.1 Jastram Azimuth and Tunnel Thrusters Company Information
7.15.2 Jastram Azimuth and Tunnel Thrusters Business Overview
7.15.3 Jastram Azimuth and Tunnel Thrusters Production, Value and Gross Margin (2018-2023)
7.15.4 Jastram Product Portfolio
7.15.5 Jastram Recent Developments
7.16 Wuxi Ruifeng Marine
7.16.1 Wuxi Ruifeng Marine Azimuth and Tunnel Thrusters Company Information
7.16.2 Wuxi Ruifeng Marine Azimuth and Tunnel Thrusters Business Overview
7.16.3 Wuxi Ruifeng Marine Azimuth and Tunnel Thrusters Production, Value and Gross Margin (2018-2023)
7.16.4 Wuxi Ruifeng Marine Product Portfolio
7.16.5 Wuxi Ruifeng Marine Recent Developments
7.17 Hydromaster
7.17.1 Hydromaster Azimuth and Tunnel Thrusters Company Information
7.17.2 Hydromaster Azimuth and Tunnel Thrusters Business Overview
7.17.3 Hydromaster Azimuth and Tunnel Thrusters Production, Value and Gross Margin (2018-2023)
7.17.4 Hydromaster Product Portfolio
7.17.5 Hydromaster Recent Developments
5 Global Azimuth and Tunnel Thrusters Production by Region
5.1 Global Azimuth and Tunnel Thrusters Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
5.2 Global Azimuth and Tunnel Thrusters Production by Region: 2018-2029
5.2.1 Global Azimuth and Tunnel Thrusters Production by Region: 2018-2023
5.2.2 Global Azimuth and Tunnel Thrusters Production Forecast by Region (2024-2029)
5.3 Global Azimuth and Tunnel Thrusters Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
5.4 Global Azimuth and Tunnel Thrusters Production Value by Region: 2018-2029
5.4.1 Global Azimuth and Tunnel Thrusters Production Value by Region: 2018-2023
5.4.2 Global Azimuth and Tunnel Thrusters Production Value Forecast by Region (2024-2029)
5.5 Global Azimuth and Tunnel Thrusters Market Price Analysis by Region (2018-2023)
5.6 Global Azimuth and Tunnel Thrusters Production and Value, YOY Growth
5.6.1 North America Azimuth and Tunnel Thrusters Production Value Estimates and Forecasts (2018-2029)
5.6.2 Europe Azimuth and Tunnel Thrusters Production Value Estimates and Forecasts (2018-2029)
5.6.3 China Azimuth and Tunnel Thrusters Production Value Estimates and Forecasts (2018-2029)
5.6.4 Japan Azimuth and Tunnel Thrusters Production Value Estimates and Forecasts (2018-2029)
6 Global Azimuth and Tunnel Thrusters Consumption by Region
6.1 Global Azimuth and Tunnel Thrusters Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
6.2 Global Azimuth and Tunnel Thrusters Consumption by Region (2018-2029)
6.2.1 Global Azimuth and Tunnel Thrusters Consumption by Region: 2018-2029
6.2.2 Global Azimuth and Tunnel Thrusters Forecasted Consumption by Region (2024-2029)
6.3 North America
6.3.1 North America Azimuth and Tunnel Thrusters Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
6.3.2 North America Azimuth and Tunnel Thrusters Consumption by Country (2018-2029)
6.3.3 United States
6.3.4 Canada
6.4 Europe
6.4.1 Europe Azimuth and Tunnel Thrusters Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
6.4.2 Europe Azimuth and Tunnel Thrusters Consumption by Country (2018-2029)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific
6.5.1 Asia Pacific Azimuth and Tunnel Thrusters Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
6.5.2 Asia Pacific Azimuth and Tunnel Thrusters Consumption by Country (2018-2029)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 China Taiwan
6.5.7 Southeast Asia
6.5.8 India
6.5.9 Australia
6.6 Latin America, Middle East & Africa
6.6.1 Latin America, Middle East & Africa Azimuth and Tunnel Thrusters Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
6.6.2 Latin America, Middle East & Africa Azimuth and Tunnel Thrusters Consumption by Country (2018-2029)
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Turkey
6.6.5 GCC Countries
7 Segment by Type
7.1 Global Azimuth and Tunnel Thrusters Production by Type (2018-2029)
7.1.1 Global Azimuth and Tunnel Thrusters Production by Type (2018-2029) & (Units)
7.1.2 Global Azimuth and Tunnel Thrusters Production Market Share by Type (2018-2029)
7.2 Global Azimuth and Tunnel Thrusters Production Value by Type (2018-2029)
7.2.1 Global Azimuth and Tunnel Thrusters Production Value by Type (2018-2029) & (US$ Million)
7.2.2 Global Azimuth and Tunnel Thrusters Production Value Market Share by Type (2018-2029)
7.3 Global Azimuth and Tunnel Thrusters Price by Type (2018-2029)
8 Segment by Application
8.1 Global Azimuth and Tunnel Thrusters Production by Application (2018-2029)
8.1.1 Global Azimuth and Tunnel Thrusters Production by Application (2018-2029) & (Units)
8.1.2 Global Azimuth and Tunnel Thrusters Production by Application (2018-2029) & (Units)
8.2 Global Azimuth and Tunnel Thrusters Production Value by Application (2018-2029)
8.2.1 Global Azimuth and Tunnel Thrusters Production Value by Application (2018-2029) & (US$ Million)
8.2.2 Global Azimuth and Tunnel Thrusters Production Value Market Share by Application (2018-2029)
8.3 Global Azimuth and Tunnel Thrusters Price by Application (2018-2029)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Azimuth and Tunnel Thrusters Value Chain Analysis
9.1.1 Azimuth and Tunnel Thrusters Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Azimuth and Tunnel Thrusters Production Mode & Process
9.2 Azimuth and Tunnel Thrusters Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Azimuth and Tunnel Thrusters Distributors
9.2.3 Azimuth and Tunnel Thrusters Customers
10 Global Azimuth and Tunnel Thrusters Analyzing Market Dynamics
10.1 Azimuth and Tunnel Thrusters Industry Trends
10.2 Azimuth and Tunnel Thrusters Industry Drivers
10.3 Azimuth and Tunnel Thrusters Industry Opportunities and Challenges
10.4 Azimuth and Tunnel Thrusters Industry Restraints
11 Report Conclusion
12 Disclaimer

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