2021-2027 Global and Regional Azimuth Thrusters Industry Status and Prospects Professional Market Research Report Standard Version
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The global Azimuth Thrusters market was valued at 592.54 Million USD in 2020 and will grow with a CAGR of 1.28% from 2020 to 2027, based on newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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%.
By Market Verdors:
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
By Types:
Less than 1500KW
1500KW-3500KW
More than 3500KW
By Applications:
Tugboat
Offshore Support Vessel
Ferries and Freighter
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.4.1 North America Market States and Outlook (2022-2027)
1.4.2 East Asia Market States and Outlook (2022-2027)
1.4.3 Europe Market States and Outlook (2022-2027)
1.4.4 South Asia Market States and Outlook (2022-2027)
1.4.5 Southeast Asia Market States and Outlook (2022-2027)
1.4.6 Middle East Market States and Outlook (2022-2027)
1.4.7 Africa Market States and Outlook (2022-2027)
1.4.8 Oceania Market States and Outlook (2022-2027)
1.4.9 South America Market States and Outlook (2022-2027)
1.5 Global Azimuth Thrusters Market Size Analysis from 2022 to 2027
1.5.1 Global Azimuth Thrusters Market Size Analysis from 2022 to 2027 by Consumption Volume
1.5.2 Global Azimuth Thrusters Market Size Analysis from 2022 to 2027 by Value
1.5.3 Global Azimuth Thrusters Price Trends Analysis from 2022 to 2027
1.6 COVID-19 Outbreak: Azimuth Thrusters Industry Impact
Chapter 2 Global Azimuth Thrusters Competition by Types, Applications, and Top Regions and Countries
2.1 Global Azimuth Thrusters (Volume and Value) by Type
2.1.1 Global Azimuth Thrusters Consumption and Market Share by Type (2016-2021)
2.1.2 Global Azimuth Thrusters Revenue and Market Share by Type (2016-2021)
2.2 Global Azimuth Thrusters (Volume and Value) by Application
2.2.1 Global Azimuth Thrusters Consumption and Market Share by Application (2016-2021)
2.2.2 Global Azimuth Thrusters Revenue and Market Share by Application (2016-2021)
2.3 Global Azimuth Thrusters (Volume and Value) by Regions
2.3.1 Global Azimuth Thrusters Consumption and Market Share by Regions (2016-2021)
2.3.2 Global Azimuth Thrusters Revenue and Market Share by Regions (2016-2021)
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.1.1 2016-2021 Global Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Cost, Gross and Gross Margin Analysis
3.1.2 2016-2021 Major Manufacturers Performance and Market Share
3.2 Regional Production Market Analysis
3.2.1 2016-2021 Regional Market Performance and Market Share
3.2.2 North America Market
3.2.3 East Asia Market
3.2.4 Europe Market
3.2.5 South Asia Market
3.2.6 Southeast Asia Market
3.2.7 Middle East Market
3.2.8 Africa Market
3.2.9 Oceania Market
3.2.10 South America Market
3.2.11 Rest of the World Market
Chapter 4 Global Azimuth Thrusters Sales, Consumption, Export, Import by Regions (2016-2021)
4.1 Global Azimuth Thrusters Consumption by Regions (2016-2021)
4.2 North America Azimuth Thrusters Sales, Consumption, Export, Import (2016-2021)
4.3 East Asia Azimuth Thrusters Sales, Consumption, Export, Import (2016-2021)
4.4 Europe Azimuth Thrusters Sales, Consumption, Export, Import (2016-2021)
4.5 South Asia Azimuth Thrusters Sales, Consumption, Export, Import (2016-2021)
4.6 Southeast Asia Azimuth Thrusters Sales, Consumption, Export, Import (2016-2021)
4.7 Middle East Azimuth Thrusters Sales, Consumption, Export, Import (2016-2021)
4.8 Africa Azimuth Thrusters Sales, Consumption, Export, Import (2016-2021)
4.9 Oceania Azimuth Thrusters Sales, Consumption, Export, Import (2016-2021)
4.10 South America Azimuth Thrusters Sales, Consumption, Export, Import (2016-2021)
Chapter 5 North America Azimuth Thrusters Market Analysis
5.1 North America Azimuth Thrusters Consumption and Value Analysis
5.1.1 North America Azimuth Thrusters Market Under COVID-19
5.2 North America Azimuth Thrusters Consumption Volume by Types
5.3 North America Azimuth Thrusters Consumption Structure by Application
5.4 North America Azimuth Thrusters Consumption by Top Countries
5.4.1 United States Azimuth Thrusters Consumption Volume from 2016 to 2021
5.4.2 Canada Azimuth Thrusters Consumption Volume from 2016 to 2021
5.4.3 Mexico Azimuth Thrusters Consumption Volume from 2016 to 2021
Chapter 6 East Asia Azimuth Thrusters Market Analysis
6.1 East Asia Azimuth Thrusters Consumption and Value Analysis
6.1.1 East Asia Azimuth Thrusters Market Under COVID-19
6.2 East Asia Azimuth Thrusters Consumption Volume by Types
6.3 East Asia Azimuth Thrusters Consumption Structure by Application
6.4 East Asia Azimuth Thrusters Consumption by Top Countries
6.4.1 China Azimuth Thrusters Consumption Volume from 2016 to 2021
6.4.2 Japan Azimuth Thrusters Consumption Volume from 2016 to 2021
6.4.3 South Korea Azimuth Thrusters Consumption Volume from 2016 to 2021
Chapter 7 Europe Azimuth Thrusters Market Analysis
7.1 Europe Azimuth Thrusters Consumption and Value Analysis
7.1.1 Europe Azimuth Thrusters Market Under COVID-19
7.2 Europe Azimuth Thrusters Consumption Volume by Types
7.3 Europe Azimuth Thrusters Consumption Structure by Application
7.4 Europe Azimuth Thrusters Consumption by Top Countries
7.4.1 Germany Azimuth Thrusters Consumption Volume from 2016 to 2021
7.4.2 UK Azimuth Thrusters Consumption Volume from 2016 to 2021
7.4.3 France Azimuth Thrusters Consumption Volume from 2016 to 2021
7.4.4 Italy Azimuth Thrusters Consumption Volume from 2016 to 2021
7.4.5 Russia Azimuth Thrusters Consumption Volume from 2016 to 2021
7.4.6 Spain Azimuth Thrusters Consumption Volume from 2016 to 2021
7.4.7 Netherlands Azimuth Thrusters Consumption Volume from 2016 to 2021
7.4.8 Switzerland Azimuth Thrusters Consumption Volume from 2016 to 2021
7.4.9 Poland Azimuth Thrusters Consumption Volume from 2016 to 2021
Chapter 8 South Asia Azimuth Thrusters Market Analysis
8.1 South Asia Azimuth Thrusters Consumption and Value Analysis
8.1.1 South Asia Azimuth Thrusters Market Under COVID-19
8.2 South Asia Azimuth Thrusters Consumption Volume by Types
8.3 South Asia Azimuth Thrusters Consumption Structure by Application
8.4 South Asia Azimuth Thrusters Consumption by Top Countries
8.4.1 India Azimuth Thrusters Consumption Volume from 2016 to 2021
8.4.2 Pakistan Azimuth Thrusters Consumption Volume from 2016 to 2021
8.4.3 Bangladesh Azimuth Thrusters Consumption Volume from 2016 to 2021
Chapter 9 Southeast Asia Azimuth Thrusters Market Analysis
9.1 Southeast Asia Azimuth Thrusters Consumption and Value Analysis
9.1.1 Southeast Asia Azimuth Thrusters Market Under COVID-19
9.2 Southeast Asia Azimuth Thrusters Consumption Volume by Types
9.3 Southeast Asia Azimuth Thrusters Consumption Structure by Application
9.4 Southeast Asia Azimuth Thrusters Consumption by Top Countries
9.4.1 Indonesia Azimuth Thrusters Consumption Volume from 2016 to 2021
9.4.2 Thailand Azimuth Thrusters Consumption Volume from 2016 to 2021
9.4.3 Singapore Azimuth Thrusters Consumption Volume from 2016 to 2021
9.4.4 Malaysia Azimuth Thrusters Consumption Volume from 2016 to 2021
9.4.5 Philippines Azimuth Thrusters Consumption Volume from 2016 to 2021
9.4.6 Vietnam Azimuth Thrusters Consumption Volume from 2016 to 2021
9.4.7 Myanmar Azimuth Thrusters Consumption Volume from 2016 to 2021
Chapter 10 Middle East Azimuth Thrusters Market Analysis
10.1 Middle East Azimuth Thrusters Consumption and Value Analysis
10.1.1 Middle East Azimuth Thrusters Market Under COVID-19
10.2 Middle East Azimuth Thrusters Consumption Volume by Types
10.3 Middle East Azimuth Thrusters Consumption Structure by Application
10.4 Middle East Azimuth Thrusters Consumption by Top Countries
10.4.1 Turkey Azimuth Thrusters Consumption Volume from 2016 to 2021
10.4.2 Saudi Arabia Azimuth Thrusters Consumption Volume from 2016 to 2021
10.4.3 Iran Azimuth Thrusters Consumption Volume from 2016 to 2021
10.4.4 United Arab Emirates Azimuth Thrusters Consumption Volume from 2016 to 2021
10.4.5 Israel Azimuth Thrusters Consumption Volume from 2016 to 2021
10.4.6 Iraq Azimuth Thrusters Consumption Volume from 2016 to 2021
10.4.7 Qatar Azimuth Thrusters Consumption Volume from 2016 to 2021
10.4.8 Kuwait Azimuth Thrusters Consumption Volume from 2016 to 2021
10.4.9 Oman Azimuth Thrusters Consumption Volume from 2016 to 2021
Chapter 11 Africa Azimuth Thrusters Market Analysis
11.1 Africa Azimuth Thrusters Consumption and Value Analysis
11.1.1 Africa Azimuth Thrusters Market Under COVID-19
11.2 Africa Azimuth Thrusters Consumption Volume by Types
11.3 Africa Azimuth Thrusters Consumption Structure by Application
11.4 Africa Azimuth Thrusters Consumption by Top Countries
11.4.1 Nigeria Azimuth Thrusters Consumption Volume from 2016 to 2021
11.4.2 South Africa Azimuth Thrusters Consumption Volume from 2016 to 2021
11.4.3 Egypt Azimuth Thrusters Consumption Volume from 2016 to 2021
11.4.4 Algeria Azimuth Thrusters Consumption Volume from 2016 to 2021
11.4.5 Morocco Azimuth Thrusters Consumption Volume from 2016 to 2021
Chapter 12 Oceania Azimuth Thrusters Market Analysis
12.1 Oceania Azimuth Thrusters Consumption and Value Analysis
12.2 Oceania Azimuth Thrusters Consumption Volume by Types
12.3 Oceania Azimuth Thrusters Consumption Structure by Application
12.4 Oceania Azimuth Thrusters Consumption by Top Countries
12.4.1 Australia Azimuth Thrusters Consumption Volume from 2016 to 2021
12.4.2 New Zealand Azimuth Thrusters Consumption Volume from 2016 to 2021
Chapter 13 South America Azimuth Thrusters Market Analysis
13.1 South America Azimuth Thrusters Consumption and Value Analysis
13.1.1 South America Azimuth Thrusters Market Under COVID-19
13.2 South America Azimuth Thrusters Consumption Volume by Types
13.3 South America Azimuth Thrusters Consumption Structure by Application
13.4 South America Azimuth Thrusters Consumption Volume by Major Countries
13.4.1 Brazil Azimuth Thrusters Consumption Volume from 2016 to 2021
13.4.2 Argentina Azimuth Thrusters Consumption Volume from 2016 to 2021
13.4.3 Columbia Azimuth Thrusters Consumption Volume from 2016 to 2021
13.4.4 Chile Azimuth Thrusters Consumption Volume from 2016 to 2021
13.4.5 Venezuela Azimuth Thrusters Consumption Volume from 2016 to 2021
13.4.6 Peru Azimuth Thrusters Consumption Volume from 2016 to 2021
13.4.7 Puerto Rico Azimuth Thrusters Consumption Volume from 2016 to 2021
13.4.8 Ecuador Azimuth Thrusters Consumption Volume from 2016 to 2021
Chapter 14 Company Profiles and Key Figures in Azimuth Thrusters Business
14.1 SCHOTTEL Group
14.1.1 SCHOTTEL Group Company Profile
14.1.2 SCHOTTEL Group Azimuth Thrusters Product Specification
14.1.3 SCHOTTEL Group Azimuth Thrusters Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.2 Rolls-Royce
14.2.1 Rolls-Royce Company Profile
14.2.2 Rolls-Royce Azimuth Thrusters Product Specification
14.2.3 Rolls-Royce Azimuth Thrusters Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.3 IHI
14.3.1 IHI Company Profile
14.3.2 IHI Azimuth Thrusters Product Specification
14.3.3 IHI Azimuth Thrusters Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.4 Cat Propulsion
14.4.1 Cat Propulsion Company Profile
14.4.2 Cat Propulsion Azimuth Thrusters Product Specification
14.4.3 Cat Propulsion Azimuth Thrusters Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.5 Brunvoll
14.5.1 Brunvoll Company Profile
14.5.2 Brunvoll Azimuth Thrusters Product Specification
14.5.3 Brunvoll Azimuth Thrusters Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.6 Thrustmaster
14.6.1 Thrustmaster Company Profile
14.6.2 Thrustmaster Azimuth Thrusters Product Specification
14.6.3 Thrustmaster Azimuth Thrusters Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.7 Kawasaki
14.7.1 Kawasaki Company Profile
14.7.2 Kawasaki Azimuth Thrusters Product Specification
14.7.3 Kawasaki Azimuth Thrusters Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.8 Steerprop
14.8.1 Steerprop Company Profile
14.8.2 Steerprop Azimuth Thrusters Product Specification
14.8.3 Steerprop Azimuth Thrusters Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.9 Wartsila Corporation
14.9.1 Wartsila Corporation Company Profile
14.9.2 Wartsila Corporation Azimuth Thrusters Product Specification
14.9.3 Wartsila Corporation Azimuth Thrusters Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.10 ABB Marine
14.10.1 ABB Marine Company Profile
14.10.2 ABB Marine Azimuth Thrusters Product Specification
14.10.3 ABB Marine Azimuth Thrusters Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.11 Voith Turbo
14.11.1 Voith Turbo Company Profile
14.11.2 Voith Turbo Azimuth Thrusters Product Specification
14.11.3 Voith Turbo Azimuth Thrusters Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.12 ZF Friedrichshafen AG
14.12.1 ZF Friedrichshafen AG Company Profile
14.12.2 ZF Friedrichshafen AG Azimuth Thrusters Product Specification
14.12.3 ZF Friedrichshafen AG Azimuth Thrusters Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.13 Veth Propulsion
14.13.1 Veth Propulsion Company Profile
14.13.2 Veth Propulsion Azimuth Thrusters Product Specification
14.13.3 Veth Propulsion Azimuth Thrusters Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.14 NGC
14.14.1 NGC Company Profile
14.14.2 NGC Azimuth Thrusters Product Specification
14.14.3 NGC Azimuth Thrusters Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.15 Jastram
14.15.1 Jastram Company Profile
14.15.2 Jastram Azimuth Thrusters Product Specification
14.15.3 Jastram Azimuth Thrusters Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.16 Wuxi Ruifeng Marine
14.16.1 Wuxi Ruifeng Marine Company Profile
14.16.2 Wuxi Ruifeng Marine Azimuth Thrusters Product Specification
14.16.3 Wuxi Ruifeng Marine Azimuth Thrusters Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.17 Hydromaster
14.17.1 Hydromaster Company Profile
14.17.2 Hydromaster Azimuth Thrusters Product Specification
14.17.3 Hydromaster Azimuth Thrusters Production Capacity, Revenue, Price and Gross Margin (2016-2021)
Chapter 15 Global Azimuth Thrusters Market Forecast (2022-2027)
15.1 Global Azimuth Thrusters Consumption Volume, Revenue and Price Forecast (2022-2027)
15.1.1 Global Azimuth Thrusters Consumption Volume and Growth Rate Forecast (2022-2027)
15.1.2 Global Azimuth Thrusters Value and Growth Rate Forecast (2022-2027)
15.2 Global Azimuth Thrusters Consumption Volume, Value and Growth Rate Forecast by Region (2022-2027)
15.2.1 Global Azimuth Thrusters Consumption Volume and Growth Rate Forecast by Regions (2022-2027)
15.2.2 Global Azimuth Thrusters Value and Growth Rate Forecast by Regions (2022-2027)
15.2.3 North America Azimuth Thrusters Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.4 East Asia Azimuth Thrusters Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.5 Europe Azimuth Thrusters Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.6 South Asia Azimuth Thrusters Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.7 Southeast Asia Azimuth Thrusters Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.8 Middle East Azimuth Thrusters Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.9 Africa Azimuth Thrusters Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.10 Oceania Azimuth Thrusters Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.11 South America Azimuth Thrusters Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.3 Global Azimuth Thrusters Consumption Volume, Revenue and Price Forecast by Type (2022-2027)
15.3.1 Global Azimuth Thrusters Consumption Forecast by Type (2022-2027)
15.3.2 Global Azimuth Thrusters Revenue Forecast by Type (2022-2027)
15.3.3 Global Azimuth Thrusters Price Forecast by Type (2022-2027)
15.4 Global Azimuth Thrusters Consumption Volume Forecast by Application (2022-2027)
15.5 Azimuth Thrusters Market Forecast Under COVID-19
Chapter 16 Conclusions
Research Methodology
Research Methodology:
Azimuth Thrusters Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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