Global Azimuth Thrusters Market Research Report 2023(Status and Outlook)

Global Azimuth Thrusters Market Research Report 2023(Status and Outlook)



Report Overview

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.

The industry's leading producers are SCHOTTEL Group, Rolls-Royce and IHI, which accounted for 20.31%, 10.90% and 10.43% of revenues in 2019. By region, Europe has the highest share of income, at more than 23%.

The Global Azimuth Thrusters Market Size was estimated at USD 545.3 million in 2022 and is projected to reach USD 497.57 million by 2029, exhibiting a CAGR of -1.30% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Azimuth Thrusters market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Azimuth Thrusters Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Azimuth Thrusters market in any manner.

Global Azimuth Thrusters Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

SCHOTTEL Group

Rolls-Royce

IHI

Cat Propulsion

Brunvoll

Thrustmaster

Kawasaki

Steerprop

Wartsila Corporation

ABB Marine

Voith Turbo

ZF Friedrichshafen AG

Veth Propulsion

NGC

Jastram

Wuxi Ruifeng Marine

Hydromaster

Market Segmentation (by Type)

Less than 1500KW

1500KW-3500KW

More than 3500KW

Market Segmentation (by Application)

Competition

Training

Recreational Activities

Other

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Azimuth Thrusters Market

Overview of the regional outlook of the Azimuth Thrusters Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Azimuth Thrusters
1.2 Key Market Segments
1.2.1 Azimuth Thrusters Segment by Type
1.2.2 Azimuth Thrusters Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Azimuth Thrusters Market Overview
2.1 Global Market Overview
2.1.1 Global Azimuth Thrusters Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Azimuth Thrusters Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Azimuth Thrusters Market Competitive Landscape
3.1 Global Azimuth Thrusters Sales by Manufacturers (2018-2023)
3.2 Global Azimuth Thrusters Revenue Market Share by Manufacturers (2018-2023)
3.3 Azimuth Thrusters Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Azimuth Thrusters Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Azimuth Thrusters Sales Sites, Area Served, Product Type
3.6 Azimuth Thrusters Market Competitive Situation and Trends
3.6.1 Azimuth Thrusters Market Concentration Rate
3.6.2 Global 5 and 10 Largest Azimuth Thrusters Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Azimuth Thrusters Industry Chain Analysis
4.1 Azimuth Thrusters Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Azimuth Thrusters Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Azimuth Thrusters Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Azimuth Thrusters Sales Market Share by Type (2018-2023)
6.3 Global Azimuth Thrusters Market Size Market Share by Type (2018-2023)
6.4 Global Azimuth Thrusters Price by Type (2018-2023)
7 Azimuth Thrusters Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Azimuth Thrusters Market Sales by Application (2018-2023)
7.3 Global Azimuth Thrusters Market Size (M USD) by Application (2018-2023)
7.4 Global Azimuth Thrusters Sales Growth Rate by Application (2018-2023)
8 Azimuth Thrusters Market Segmentation by Region
8.1 Global Azimuth Thrusters Sales by Region
8.1.1 Global Azimuth Thrusters Sales by Region
8.1.2 Global Azimuth Thrusters Sales Market Share by Region
8.2 North America
8.2.1 North America Azimuth Thrusters Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Azimuth Thrusters Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Azimuth Thrusters Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Azimuth Thrusters Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Azimuth Thrusters Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 SCHOTTEL Group
9.1.1 SCHOTTEL Group Azimuth Thrusters Basic Information
9.1.2 SCHOTTEL Group Azimuth Thrusters Product Overview
9.1.3 SCHOTTEL Group Azimuth Thrusters Product Market Performance
9.1.4 SCHOTTEL Group Business Overview
9.1.5 SCHOTTEL Group Azimuth Thrusters SWOT Analysis
9.1.6 SCHOTTEL Group Recent Developments
9.2 Rolls-Royce
9.2.1 Rolls-Royce Azimuth Thrusters Basic Information
9.2.2 Rolls-Royce Azimuth Thrusters Product Overview
9.2.3 Rolls-Royce Azimuth Thrusters Product Market Performance
9.2.4 Rolls-Royce Business Overview
9.2.5 Rolls-Royce Azimuth Thrusters SWOT Analysis
9.2.6 Rolls-Royce Recent Developments
9.3 IHI
9.3.1 IHI Azimuth Thrusters Basic Information
9.3.2 IHI Azimuth Thrusters Product Overview
9.3.3 IHI Azimuth Thrusters Product Market Performance
9.3.4 IHI Business Overview
9.3.5 IHI Azimuth Thrusters SWOT Analysis
9.3.6 IHI Recent Developments
9.4 Cat Propulsion
9.4.1 Cat Propulsion Azimuth Thrusters Basic Information
9.4.2 Cat Propulsion Azimuth Thrusters Product Overview
9.4.3 Cat Propulsion Azimuth Thrusters Product Market Performance
9.4.4 Cat Propulsion Business Overview
9.4.5 Cat Propulsion Azimuth Thrusters SWOT Analysis
9.4.6 Cat Propulsion Recent Developments
9.5 Brunvoll
9.5.1 Brunvoll Azimuth Thrusters Basic Information
9.5.2 Brunvoll Azimuth Thrusters Product Overview
9.5.3 Brunvoll Azimuth Thrusters Product Market Performance
9.5.4 Brunvoll Business Overview
9.5.5 Brunvoll Azimuth Thrusters SWOT Analysis
9.5.6 Brunvoll Recent Developments
9.6 Thrustmaster
9.6.1 Thrustmaster Azimuth Thrusters Basic Information
9.6.2 Thrustmaster Azimuth Thrusters Product Overview
9.6.3 Thrustmaster Azimuth Thrusters Product Market Performance
9.6.4 Thrustmaster Business Overview
9.6.5 Thrustmaster Recent Developments
9.7 Kawasaki
9.7.1 Kawasaki Azimuth Thrusters Basic Information
9.7.2 Kawasaki Azimuth Thrusters Product Overview
9.7.3 Kawasaki Azimuth Thrusters Product Market Performance
9.7.4 Kawasaki Business Overview
9.7.5 Kawasaki Recent Developments
9.8 Steerprop
9.8.1 Steerprop Azimuth Thrusters Basic Information
9.8.2 Steerprop Azimuth Thrusters Product Overview
9.8.3 Steerprop Azimuth Thrusters Product Market Performance
9.8.4 Steerprop Business Overview
9.8.5 Steerprop Recent Developments
9.9 Wartsila Corporation
9.9.1 Wartsila Corporation Azimuth Thrusters Basic Information
9.9.2 Wartsila Corporation Azimuth Thrusters Product Overview
9.9.3 Wartsila Corporation Azimuth Thrusters Product Market Performance
9.9.4 Wartsila Corporation Business Overview
9.9.5 Wartsila Corporation Recent Developments
9.10 ABB Marine
9.10.1 ABB Marine Azimuth Thrusters Basic Information
9.10.2 ABB Marine Azimuth Thrusters Product Overview
9.10.3 ABB Marine Azimuth Thrusters Product Market Performance
9.10.4 ABB Marine Business Overview
9.10.5 ABB Marine Recent Developments
9.11 Voith Turbo
9.11.1 Voith Turbo Azimuth Thrusters Basic Information
9.11.2 Voith Turbo Azimuth Thrusters Product Overview
9.11.3 Voith Turbo Azimuth Thrusters Product Market Performance
9.11.4 Voith Turbo Business Overview
9.11.5 Voith Turbo Recent Developments
9.12 ZF Friedrichshafen AG
9.12.1 ZF Friedrichshafen AG Azimuth Thrusters Basic Information
9.12.2 ZF Friedrichshafen AG Azimuth Thrusters Product Overview
9.12.3 ZF Friedrichshafen AG Azimuth Thrusters Product Market Performance
9.12.4 ZF Friedrichshafen AG Business Overview
9.12.5 ZF Friedrichshafen AG Recent Developments
9.13 Veth Propulsion
9.13.1 Veth Propulsion Azimuth Thrusters Basic Information
9.13.2 Veth Propulsion Azimuth Thrusters Product Overview
9.13.3 Veth Propulsion Azimuth Thrusters Product Market Performance
9.13.4 Veth Propulsion Business Overview
9.13.5 Veth Propulsion Recent Developments
9.14 NGC
9.14.1 NGC Azimuth Thrusters Basic Information
9.14.2 NGC Azimuth Thrusters Product Overview
9.14.3 NGC Azimuth Thrusters Product Market Performance
9.14.4 NGC Business Overview
9.14.5 NGC Recent Developments
9.15 Jastram
9.15.1 Jastram Azimuth Thrusters Basic Information
9.15.2 Jastram Azimuth Thrusters Product Overview
9.15.3 Jastram Azimuth Thrusters Product Market Performance
9.15.4 Jastram Business Overview
9.15.5 Jastram Recent Developments
9.16 Wuxi Ruifeng Marine
9.16.1 Wuxi Ruifeng Marine Azimuth Thrusters Basic Information
9.16.2 Wuxi Ruifeng Marine Azimuth Thrusters Product Overview
9.16.3 Wuxi Ruifeng Marine Azimuth Thrusters Product Market Performance
9.16.4 Wuxi Ruifeng Marine Business Overview
9.16.5 Wuxi Ruifeng Marine Recent Developments
9.17 Hydromaster
9.17.1 Hydromaster Azimuth Thrusters Basic Information
9.17.2 Hydromaster Azimuth Thrusters Product Overview
9.17.3 Hydromaster Azimuth Thrusters Product Market Performance
9.17.4 Hydromaster Business Overview
9.17.5 Hydromaster Recent Developments
10 Azimuth Thrusters Market Forecast by Region
10.1 Global Azimuth Thrusters Market Size Forecast
10.2 Global Azimuth Thrusters Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Azimuth Thrusters Market Size Forecast by Country
10.2.3 Asia Pacific Azimuth Thrusters Market Size Forecast by Region
10.2.4 South America Azimuth Thrusters Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Azimuth Thrusters by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Azimuth Thrusters Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Azimuth Thrusters by Type (2024-2029)
11.1.2 Global Azimuth Thrusters Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Azimuth Thrusters by Type (2024-2029)
11.2 Global Azimuth Thrusters Market Forecast by Application (2024-2029)
11.2.1 Global Azimuth Thrusters Sales (K Units) Forecast by Application
11.2.2 Global Azimuth Thrusters Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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