Azimuth and Tunnel Thrusters Market

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.
Azimuth and Tunnel Thrusters Market contains market size and forecasts of Azimuth and Tunnel Thrusters in global, including the following market information:
Global Azimuth and Tunnel Thrusters Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Azimuth and Tunnel Thrusters Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Azimuth and Tunnel Thrusters companies in 2021 (%)
The global Azimuth and Tunnel Thrusters market was valued at 896.7 million in 2021 and is projected to reach US$ 1204.6 million by 2028, at a CAGR of 4.3% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Azimuth Thrusters Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Azimuth and Tunnel Thrusters include W?rtsil? Corporation, SCHOTTEL Group, Kawasaki, Kongsberg, Berg Propulsion, Brunvoll, IHI, Thrustmaster and Veth Propulsion, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Azimuth and Tunnel 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 Azimuth and Tunnel Thrusters Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Azimuth and Tunnel Thrusters Market Segment Percentages, by Type, 2021 (%)
Azimuth Thrusters
Tunnel Thrusters
Global Azimuth and Tunnel Thrusters Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Azimuth and Tunnel Thrusters Market Segment Percentages, by Application, 2021 (%)
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
Global Azimuth and Tunnel Thrusters Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Azimuth and Tunnel 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 Azimuth and Tunnel Thrusters revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Azimuth and Tunnel Thrusters revenues share in global market, 2021 (%)
Key companies Azimuth and Tunnel Thrusters sales in global market, 2017-2022 (Estimated), (Units)
Key companies Azimuth and Tunnel Thrusters sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
W?rtsil? 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