Global Azimuth Thrusters Market Research Report 2024(Status and Outlook)

Global Azimuth Thrusters Market Research Report 2024(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 Global Azimuth Thrusters Market Size was estimated at USD 505.39 million in 2023 and is projected to reach USD 589.54 million by 2029, exhibiting a CAGR of 2.60% during the forecast period.

This 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

Kongsberg

IHI Power Systems Co.,Ltd

Steerprop

Brunvoll

Wärtsilä Corporation

Thrustmaster

Kawasaki

Berg Propulsion

ZF Friedrichshafen AG

ABB Marine

Voith Turbo

NGC Gears

CSIC

Wuhan Marine Machinery Plant Co., Ltd

Jastram

Hangzhou Adcance

Thrustleader Marine Power System

Wuxi Ruifeng

Market Segmentation (by Type)

Less than 1500KW

1500KW-3500KW

Morethan 3500KW

Market Segmentation (by Application)

Tugs

Offshore Work Ship

Ferry

Others

Geographic SegmentationNorth 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
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support
    • Customization of the Report

      In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

      Note: this report may need to undergo a final check or review and this could take about 48 hours.

      Chapter Outline

      Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

      Chapter 2 is an 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 Azimuth Thrusters Market and its likely evolution in the short to mid-term, and long term.

      Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

      Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

      Chapter 5 introduces the 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 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

      Chapter 7 provides the analysis of various market segments according to 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 8 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 capacity of each country in the world.

      Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

      Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

      Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

      Chapter 12 is the main points and conclusions of the report.

  • 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 (2019-2030)
    2.1.2 Global Azimuth Thrusters Sales Estimates and Forecasts (2019-2030)
    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 (2019-2024)
    3.2 Global Azimuth Thrusters Revenue Market Share by Manufacturers (2019-2024)
    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 (2019-2024)
    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 (2019-2024)
    6.3 Global Azimuth Thrusters Market Size Market Share by Type (2019-2024)
    6.4 Global Azimuth Thrusters Price by Type (2019-2024)
    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 (2019-2024)
    7.3 Global Azimuth Thrusters Market Size (M USD) by Application (2019-2024)
    7.4 Global Azimuth Thrusters Sales Growth Rate by Application (2019-2024)
    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 Kongsberg
    9.2.1 Kongsberg Azimuth Thrusters Basic Information
    9.2.2 Kongsberg Azimuth Thrusters Product Overview
    9.2.3 Kongsberg Azimuth Thrusters Product Market Performance
    9.2.4 Kongsberg Business Overview
    9.2.5 Kongsberg Azimuth Thrusters SWOT Analysis
    9.2.6 Kongsberg Recent Developments
    9.3 IHI Power Systems Co.,Ltd
    9.3.1 IHI Power Systems Co.,Ltd Azimuth Thrusters Basic Information
    9.3.2 IHI Power Systems Co.,Ltd Azimuth Thrusters Product Overview
    9.3.3 IHI Power Systems Co.,Ltd Azimuth Thrusters Product Market Performance
    9.3.4 IHI Power Systems Co.,Ltd Azimuth Thrusters SWOT Analysis
    9.3.5 IHI Power Systems Co.,Ltd Business Overview
    9.3.6 IHI Power Systems Co.,Ltd Recent Developments
    9.4 Steerprop
    9.4.1 Steerprop Azimuth Thrusters Basic Information
    9.4.2 Steerprop Azimuth Thrusters Product Overview
    9.4.3 Steerprop Azimuth Thrusters Product Market Performance
    9.4.4 Steerprop Business Overview
    9.4.5 Steerprop 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 Recent Developments
    9.6 Wärtsilä Corporation
    9.6.1 Wärtsilä Corporation Azimuth Thrusters Basic Information
    9.6.2 Wärtsilä Corporation Azimuth Thrusters Product Overview
    9.6.3 Wärtsilä Corporation Azimuth Thrusters Product Market Performance
    9.6.4 Wärtsilä Corporation Business Overview
    9.6.5 Wärtsilä Corporation Recent Developments
    9.7 Thrustmaster
    9.7.1 Thrustmaster Azimuth Thrusters Basic Information
    9.7.2 Thrustmaster Azimuth Thrusters Product Overview
    9.7.3 Thrustmaster Azimuth Thrusters Product Market Performance
    9.7.4 Thrustmaster Business Overview
    9.7.5 Thrustmaster Recent Developments
    9.8 Kawasaki
    9.8.1 Kawasaki Azimuth Thrusters Basic Information
    9.8.2 Kawasaki Azimuth Thrusters Product Overview
    9.8.3 Kawasaki Azimuth Thrusters Product Market Performance
    9.8.4 Kawasaki Business Overview
    9.8.5 Kawasaki Recent Developments
    9.9 Berg Propulsion
    9.9.1 Berg Propulsion Azimuth Thrusters Basic Information
    9.9.2 Berg Propulsion Azimuth Thrusters Product Overview
    9.9.3 Berg Propulsion Azimuth Thrusters Product Market Performance
    9.9.4 Berg Propulsion Business Overview
    9.9.5 Berg Propulsion Recent Developments
    9.10 ZF Friedrichshafen AG
    9.10.1 ZF Friedrichshafen AG Azimuth Thrusters Basic Information
    9.10.2 ZF Friedrichshafen AG Azimuth Thrusters Product Overview
    9.10.3 ZF Friedrichshafen AG Azimuth Thrusters Product Market Performance
    9.10.4 ZF Friedrichshafen AG Business Overview
    9.10.5 ZF Friedrichshafen AG Recent Developments
    9.11 ABB Marine
    9.11.1 ABB Marine Azimuth Thrusters Basic Information
    9.11.2 ABB Marine Azimuth Thrusters Product Overview
    9.11.3 ABB Marine Azimuth Thrusters Product Market Performance
    9.11.4 ABB Marine Business Overview
    9.11.5 ABB Marine Recent Developments
    9.12 Voith Turbo
    9.12.1 Voith Turbo Azimuth Thrusters Basic Information
    9.12.2 Voith Turbo Azimuth Thrusters Product Overview
    9.12.3 Voith Turbo Azimuth Thrusters Product Market Performance
    9.12.4 Voith Turbo Business Overview
    9.12.5 Voith Turbo Recent Developments
    9.13 NGC Gears
    9.13.1 NGC Gears Azimuth Thrusters Basic Information
    9.13.2 NGC Gears Azimuth Thrusters Product Overview
    9.13.3 NGC Gears Azimuth Thrusters Product Market Performance
    9.13.4 NGC Gears Business Overview
    9.13.5 NGC Gears Recent Developments
    9.14 CSIC
    9.14.1 CSIC Azimuth Thrusters Basic Information
    9.14.2 CSIC Azimuth Thrusters Product Overview
    9.14.3 CSIC Azimuth Thrusters Product Market Performance
    9.14.4 CSIC Business Overview
    9.14.5 CSIC Recent Developments
    9.15 Wuhan Marine Machinery Plant Co., Ltd
    9.15.1 Wuhan Marine Machinery Plant Co., Ltd Azimuth Thrusters Basic Information
    9.15.2 Wuhan Marine Machinery Plant Co., Ltd Azimuth Thrusters Product Overview
    9.15.3 Wuhan Marine Machinery Plant Co., Ltd Azimuth Thrusters Product Market Performance
    9.15.4 Wuhan Marine Machinery Plant Co., Ltd Business Overview
    9.15.5 Wuhan Marine Machinery Plant Co., Ltd Recent Developments
    9.16 Jastram
    9.16.1 Jastram Azimuth Thrusters Basic Information
    9.16.2 Jastram Azimuth Thrusters Product Overview
    9.16.3 Jastram Azimuth Thrusters Product Market Performance
    9.16.4 Jastram Business Overview
    9.16.5 Jastram Recent Developments
    9.17 Hangzhou Adcance
    9.17.1 Hangzhou Adcance Azimuth Thrusters Basic Information
    9.17.2 Hangzhou Adcance Azimuth Thrusters Product Overview
    9.17.3 Hangzhou Adcance Azimuth Thrusters Product Market Performance
    9.17.4 Hangzhou Adcance Business Overview
    9.17.5 Hangzhou Adcance Recent Developments
    9.18 Thrustleader Marine Power System
    9.18.1 Thrustleader Marine Power System Azimuth Thrusters Basic Information
    9.18.2 Thrustleader Marine Power System Azimuth Thrusters Product Overview
    9.18.3 Thrustleader Marine Power System Azimuth Thrusters Product Market Performance
    9.18.4 Thrustleader Marine Power System Business Overview
    9.18.5 Thrustleader Marine Power System Recent Developments
    9.19 Wuxi Ruifeng
    9.19.1 Wuxi Ruifeng Azimuth Thrusters Basic Information
    9.19.2 Wuxi Ruifeng Azimuth Thrusters Product Overview
    9.19.3 Wuxi Ruifeng Azimuth Thrusters Product Market Performance
    9.19.4 Wuxi Ruifeng Business Overview
    9.19.5 Wuxi Ruifeng 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 (2025-2030)
    11.1 Global Azimuth Thrusters Market Forecast by Type (2025-2030)
    11.1.1 Global Forecasted Sales of Azimuth Thrusters by Type (2025-2030)
    11.1.2 Global Azimuth Thrusters Market Size Forecast by Type (2025-2030)
    11.1.3 Global Forecasted Price of Azimuth Thrusters by Type (2025-2030)
    11.2 Global Azimuth Thrusters Market Forecast by Application (2025-2030)
    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 (2025-2030)
    12 Conclusion and Key Findings

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