Global Azimuth and Tunnel Thrusters Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Azimuth and Tunnel Thrusters Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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.

According to our (Global Info Research) latest study, the global Azimuth and Tunnel Thrusters market size was valued at US$ 941 million in 2023 and is forecast to a readjusted size of USD 1267 million by 2030 with a CAGR of 4.4% during review period.

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%.

This report is a detailed and comprehensive analysis for global Azimuth and Tunnel Thrusters market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Azimuth and Tunnel Thrusters market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2019-2030

Global Azimuth and Tunnel Thrusters market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2019-2030

Global Azimuth and Tunnel Thrusters market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2019-2030

Global Azimuth and Tunnel Thrusters market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K USD/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Azimuth and Tunnel Thrusters

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Azimuth and Tunnel Thrusters market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Wärtsilä Corporation, SCHOTTEL Group, Kawasaki, Kongsberg, Berg Propulsion, Brunvoll, IHI, Thrustmaster, Veth Propulsion, Steerprop, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Azimuth and Tunnel Thrusters market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Azimuth Thrusters
Tunnel Thrusters

Market 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

Major players covered
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

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Azimuth and Tunnel Thrusters product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Azimuth and Tunnel Thrusters, with price, sales quantity, revenue, and global market share of Azimuth and Tunnel Thrusters from 2019 to 2024.

Chapter 3, the Azimuth and Tunnel Thrusters competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Azimuth and Tunnel Thrusters breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Azimuth and Tunnel Thrusters market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Azimuth and Tunnel Thrusters.

Chapter 14 and 15, to describe Azimuth and Tunnel Thrusters sales channel, distributors, customers, research findings and conclusion.