Azimuth and Tunnel Thrusters market

Azimuth and Tunnel Thrusters Market, Global Outlook and Forecast 2023-2029

  • 30 March 2023
  • Manufacturing & Construction
  • 115 Pages
  • Report code : PMR-7622561

  • 4.7 (158)

Azimuth and Tunnel Thrusters Market

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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 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. 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, 2018-2023, 2024-2029, ($ millions)

Global Azimuth and Tunnel Thrusters Market Sales, 2018-2023, 2024-2029, (Units)

Global top five Azimuth and Tunnel Thrusters companies in 2022 (%)

The global Azimuth and Tunnel Thrusters market was valued at US$ 896.7 million in 2022 and is projected to reach US$ 1204.6 million by 2029, at a CAGR of 4.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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, W?rtsil? Corporation, SCOTTEL Group, Kongsberg and Brunvoll, of which Kawasaki is the largest manufacturer, accounting for about 18%.

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, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Azimuth and Tunnel Thrusters Market Segment Percentages, by Type, 2022 (%)

Azimuth Thrusters

Tunnel Thrusters

Global Azimuth and Tunnel Thrusters Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Azimuth and Tunnel Thrusters Market Segment Percentages, by Application, 2022 (%)

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, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Azimuth and Tunnel Thrusters Market Segment Percentages, By Region and Country, 2022 (%)

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, 2018-2023 (Estimated), ($ millions)

Key companies Azimuth and Tunnel Thrusters revenues share in global market, 2022 (%)

Key companies Azimuth and Tunnel Thrusters sales in global market, 2018-2023 (Estimated), (Units)

Key companies Azimuth and Tunnel Thrusters sales share in global market, 2022 (%)

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

Outline of Major Chapters:

Chapter 1: Introduces the definition of Azimuth and Tunnel Thrusters, market overview.

Chapter 2: Global Azimuth and Tunnel Thrusters market size in revenue and volume.

Chapter 3: Detailed analysis of Azimuth and Tunnel Thrusters manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: 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 5: 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 6: Sales 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 of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Azimuth and Tunnel Thrusters capacity by region & country.

Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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