Global Lifting Azimuth Thruster Industry

2025-2031 Global Lifting Azimuth Thruster Industry Research & Trends Analysis Report

Global Lifting Azimuth Thruster Industry

2025-2031 Global Lifting Azimuth Thruster Industry Research & Trends Analysis Report

Exclusive deal : 20% Instant discount on Direct purchases! Don't wait—claim your discount today!

According to Market IntelliX Study, the global market for Lifting Azimuth Thruster should grow from US$ 67.9 million in 2025 to US$ 77.9 million by 2031, with a CAGR of 2.80% for the period of 2025 -2031.

Lifting Azimuth Thruster Market Overview
The lifting and azimuthing thruster is a ship propulsion device that integrates propulsion and steering functions. It can achieve 360-degree omnidirectional rotation to provide flexible maneuverability, and has a lifting function to adjust the immersion depth of the thruster or fully retract it as needed. This type of thruster is usually used in high-performance ships, special operation ships (such as scientific research ships, dredgers) and yachts. It can provide excellent maneuverability and operational convenience in shallow waters, narrow channels or complex waters, while also effectively reducing navigation resistance or protecting the safety of the thruster in a non-working state.

Key Insights & Strategic Takeaways Driving Market Outlook

(1) Global Lifting Azimuth Thruster market size (sales volume & revenue), history data from 2020 - 2025, and forecast data from {2025 to 2031.

(2) Global Lifting Azimuth Thruster market competitive situation, sales, revenue, price, and market share, from 2020 to 2025.

(3) China Lifting Azimuth Thruster market competitive situation, sales, revenue, price, and market share, from 2020 to 2025.

(4) Global Lifting Azimuth Thruster segment by region (or country), key regions cover the United States, Europe, China, Japan, South Korea, Southeast Asia, and India, etc.

(5) Global Lifting Azimuth Thruster segment by Type, and by Application, and regional segment by Type, and by Application.

(6) Global major production regions of Lifting Azimuth Thruster , capacity, production and trends.

(7) Lifting Azimuth Thruster industry supply chain, upstream, midstream, and downstream analysis.

In-Depth Assessment of Market Segmentation by Geographic Region

➤ North America (United States, Canada, and Mexico)
➤ Europe (UK, Germany, France, Russia, and Italy)
➤ Asia-Pacific (China, Korea, Japan, India, and Southeast Asia)
➤ South America (Brazil, Colombia, Argentina, etc.)
➤ The Middle East and Africa (Saudi Arabia, UAE, Nigeria, Egypt, and South Africa)

Segmentation by Product Type: Analytical Breakdown and Market Relevance
This section presents a comprehensive analysis of the market based on product type, highlighting segment-wise performance indicators, emerging trends, and their strategic implications within the overall industry landscape.
  • Tugboat
  • Barge
  • Crane Ship
  • Semi-submersible Vessel
  • Other

Market Segmentation by Application
Markets are categorized based on specific application areas, offering insight into usage trends and consumer preferences. This segmentation helps businesses tailor products, services, and strategies to align with diverse industry needs and customer demands.
  • Z-type Transmission
  • L-type Transmission

Market Segmentation by Key Players
This report examines the competitive landscape by categorizing market participants based on their roles, influence, and strategic positioning. Understanding player segmentation helps identify industry leaders, emerging competitors, and collaboration opportunities within the market.
  • Nanjing High Accurate Marine Equipment Co.,Ltd.
  • SCHOTTEL
  • ROLLS-ROYCE
  • Wartsila
  • Wuxi Shensui Marine Equipment Co., Ltd.

1 Market Overview

1.1 Lifting Azimuth Thruster Definition

1.2 Global Lifting Azimuth Thruster Market Size and Forecast

1.2.1 By Revenue, Global Lifting Azimuth Thruster Market Size, 2020-2031

1.2.2 By Sales Volume, Global Lifting Azimuth Thruster Market Size, 2020-2031

1.2.3 Global Lifting Azimuth Thruster Price Trend, 2020-2031

1.3 China Lifting Azimuth Thruster Market Size and Forecast

1.3.1 By Revenue, China Lifting Azimuth Thruster Market Size, 2020-2031

1.3.2 By Sales Volume, China Lifting Azimuth Thruster Market Size, 2020-2031

1.3.3 China Lifting Azimuth Thruster Price Trend, 2020-2031

1.4 China Percentage in Global Market

1.4.1 By Revenue, China Lifting Azimuth Thruster Share in Global Market, 2020-2031

1.4.2 By Sales Volume, China Lifting Azimuth Thruster Share in Global Market, 2020-2031

1.4.3 Lifting Azimuth Thruster Market Size: China VS Global, 2020-2031

1.5 Lifting Azimuth Thruster Market Dynamics

1.5.1 Lifting Azimuth Thruster Market Drivers

1.5.2 Lifting Azimuth Thruster Market Restraints

1.5.3 Lifting Azimuth Thruster Industry Trends

1.5.4 Lifting Azimuth Thruster Industry Policy

2 Global Competitive Landscape by Company

2.1 Global Lifting Azimuth Thruster Revenue by Company, 2020-2025

2.2 Global Lifting Azimuth Thruster Sales Volume by Company, 2020-2025

2.3 Global Lifting Azimuth Thruster Price by Company, 2020-2025

2.4 Global Lifting Azimuth Thruster Participants, Market Position (Tier 1, Tier 2, and Tier 3)

2.5 Global Lifting Azimuth Thruster Concentration Ratio

2.6 Global Lifting Azimuth Thruster Mergers & Acquisitions, Expansion Plans

2.7 Global Lifting Azimuth Thruster Manufacturers Product Type

3 China Competitive Landscape by Company

3.1 China Lifting Azimuth Thruster Revenue by Company, 2020-2025

3.2 China Lifting Azimuth Thruster Sales Volume by Company, 2020-2025

3.3 China Lifting Azimuth Thruster Lifting Azimuth Thruster Participants, Market Position (Tier 1, Tier 2, and Tier 3)

3.4 China Lifting Azimuth Thruster Market, Sales Percentage of Local Players VS Foreign Players (2020-2025)

3.5 Chinese Local Players, Lifting Azimuth Thruster Domestic VS Export

3.6 China Market, Lifting Azimuth Thruster Import & Export

3.6.1 China Market, Lifting Azimuth Thruster Import & Export, 2020-2031

3.6.2 China Lifting Azimuth Thruster Import & Export Trends

3.6.3 Main Sources of China Lifting Azimuth Thruster Import

3.6.4 Export Destination of China Lifting Azimuth Thruster

4 Lifting Azimuth Thruster Production by Region

4.1 Global Lifting Azimuth Thruster Capacity, Production and Capacity Utilization, 2020-2031

4.2 Global Geographic Distribution of Lifting Azimuth Thruster Manufacturers

4.3 Global Major Manufacturers, Lifting Azimuth Thruster Capacity Expansion and Future Plans

4.4 Global Lifting Azimuth Thruster Capacity by Region

4.5 Global Lifting Azimuth Thruster Production by Region

4.5.1 Global Lifting Azimuth Thruster Production & Forecast by Region, 2020 VS 2024 VS 2031

4.5.2 Global Lifting Azimuth Thruster Production by Region, 2020-2025

4.5.3 Global Lifting Azimuth Thruster Production Market Share & Forecast by Region, 2020-2031

5 Industry Chain Analysis

5.1 Lifting Azimuth Thruster Industry Chain

5.2 Lifting Azimuth Thruster Upstream Analysis

5.2.1 Lifting Azimuth Thruster Core Raw Materials

5.2.2 Main Manufacturers of Lifting Azimuth Thruster Core Raw Materials

5.3 Midstream Analysis

5.4 Downstream Analysis

5.5 Lifting Azimuth Thruster Production Mode

5.6 Lifting Azimuth Thruster Procurement Model

5.7 Lifting Azimuth Thruster Industry Sales Model and Sales Channels

5.7.1 Lifting Azimuth Thruster Sales Model

5.7.2 Lifting Azimuth Thruster Typical Distributors

6 Sights by Product Type

6.1 Lifting Azimuth Thruster Classification

6.1.1 Z-type Transmission

6.1.2 L-type Transmission

6.2 by Type, Global Lifting Azimuth Thruster Market Size & CAGR, 2020 VS 2024 VS 2031

6.3 by Type, Global Lifting Azimuth Thruster Revenue, 2020-2031

6.4 by Type, Global Lifting Azimuth Thruster Sales Volume, 2020-2031

6.5 by Type, Global Lifting Azimuth Thruster Price, 2020-2031

7 Sights by Application

7.1 Lifting Azimuth Thruster Segment by Application

7.1.1 Tugboat

7.1.2 Barge

7.1.3 Crane Ship

7.1.4 Semi-submersible Vessel

7.1.5 Other

7.2 by Application, Global Lifting Azimuth Thruster Market Size & CAGR, 2020 VS 2024 VS 2031

7.3 by Application, Global Lifting Azimuth Thruster Revenue, 2020-2031

7.4 by Application, Global Lifting Azimuth Thruster Sales Volume, 2020-2031

7.5 by Application, Global Lifting Azimuth Thruster Price, 2020-2031

8 Sales Sights by Region

8.1 By Region, Global Lifting Azimuth Thruster Market Size, 2020 VS 2024 VS 2031

8.2 By Region, Global Lifting Azimuth Thruster Revenue, 2020-2031

8.3 By Region, Global Lifting Azimuth Thruster Sales Volume, 2020-2031

8.4 North America

8.4.1 North America Lifting Azimuth Thruster Market Size & Forecasts, 2020-2031

8.4.2 By Country, North America Lifting Azimuth Thruster Market Size Market Share

8.5 Europe

8.5.1 Europe Lifting Azimuth Thruster Market Size & Forecasts, 2020-2031

8.5.2 By Country, Europe Lifting Azimuth Thruster Market Size Market Share

8.6 Asia Pacific

8.6.1 Asia Pacific Lifting Azimuth Thruster Market Size & Forecasts, 2020-2031

8.6.2 By Country/Region, Asia Pacific Lifting Azimuth Thruster Market Size Market Share

8.7 South America

8.7.1 South AmericaLifting Azimuth Thruster Market Size & Forecasts, 2020-2031

8.7.2 By Country, South America Lifting Azimuth Thruster Market Size Market Share

8.8 Middle East & Africa

9 Sales Sights by Country Level

9.1 By Country, Global Lifting Azimuth Thruster Market Size & CAGR，2020 VS 2024 VS 2031

9.2 By Country, Global Lifting Azimuth Thruster Revenue, 2020-2031

9.3 By Country, Global Lifting Azimuth Thruster Sales Volume, 2020-2031

9.4 United States

9.4.1 United States Lifting Azimuth Thruster Market Size, 2020-2031

9.4.2 By Company, United States Lifting Azimuth Thruster Sales Volume Market Share, 2024

9.4.3 by Type, United States Lifting Azimuth Thruster Market Size, Share, 2024 VS 2031

9.4.4 by Application, United States Lifting Azimuth Thruster Market Size, Share, 2024 VS 2031

9.5 Europe

9.5.1 Europe Lifting Azimuth Thruster Market Size, 2020-2031

9.5.2 By Company, Europe Lifting Azimuth Thruster Sales Volume Market Share, 2024

9.5.3 by Type, Europe Lifting Azimuth Thruster Market Size, Share, 2024 VS 2031

9.5.4 by Application, Europe Lifting Azimuth Thruster Market Size, Share, 2024 VS 2031

9.6 China

9.6.1 China Lifting Azimuth Thruster Market Size, 2020-2031

9.6.2 By Company, China Lifting Azimuth Thruster Sales Volume Market Share, 2024

9.6.3 by Type, China Lifting Azimuth Thruster Market Size, Share, 2024 VS 2031

9.6.4 by Application, China Lifting Azimuth Thruster Market Size, Share, 2024 VS 2031

9.7 Japan

9.7.1 Japan Lifting Azimuth Thruster Market Size, 2020-2031

9.7.2 By Company, Japan Lifting Azimuth Thruster Market Share, 2024

9.7.3 by Type, Japan Lifting Azimuth Thruster Market Size, Share, 2024 VS 2031

9.7.4 by Application, Japan Lifting Azimuth Thruster Market Size, Share, 2024 VS 2031

9.8 South Korea

9.8.1 South Korea Lifting Azimuth Thruster Market Size, 2020-2031

9.8.2 By Company, South Korea Lifting Azimuth Thruster Market Share, 2024

9.8.3 by Type, South Korea Lifting Azimuth Thruster Market Size, Share, 2024 VS 2031

9.8.4 by Application, South Korea Lifting Azimuth Thruster Market Size, Share, 2024 VS 2031

9.9 Southeast Asia

9.9.1 Southeast Asia Lifting Azimuth Thruster Market Size, 2020-2031

9.9.2 By Company, Southeast Asia Lifting Azimuth Thruster Market Share, 2024

9.9.3 by Type, Southeast Asia Lifting Azimuth Thruster Market Size, Share, 2024 VS 2031

9.9.4 by Application, Southeast Asia Lifting Azimuth Thruster Market Size, Share, 2024 VS 2031

9.10 India

9.10.1 India Lifting Azimuth Thruster Market Size, 2020-2031

9.10.2 By Company, India Lifting Azimuth Thruster Market Share, 2024

9.10.3 by Type, India Lifting Azimuth Thruster Market Size, Share, 2024 VS 2031

9.10.4 by Application, India Lifting Azimuth Thruster Market Size, Share, 2024 VS 2031

9.11 Middle East & Africa

9.11.1 Middle East & Africa Lifting Azimuth Thruster Market Size, 2020-2031

9.11.2 By Company, Middle East & Africa Lifting Azimuth Thruster Market Share, 2024

9.11.3 by Type, Middle East & Africa Lifting Azimuth Thruster Market Size, Share, 2024 VS 2031

9.11.4 by Application, Middle East & Africa Lifting Azimuth Thruster Market Size, Share, 2024 VS 2031

10 Manufacturers Profile

10.1 Nanjing High Accurate Marine Equipment Co.,Ltd.

10.1.1 Nanjing High Accurate Marine Equipment Co.,Ltd. Company Information, Head Office, Market Area, and Industry Position

10.1.2 Nanjing High Accurate Marine Equipment Co.,Ltd. Lifting Azimuth Thruster Models, Specifications, and Application

10.1.3 Nanjing High Accurate Marine Equipment Co.,Ltd. Lifting Azimuth Thruster Sales Volume, Revenue, Price and Gross Margin, 2020-2025

10.1.4 Nanjing High Accurate Marine Equipment Co.,Ltd. Company Profile and Main Business

10.1.5 Nanjing High Accurate Marine Equipment Co.,Ltd. Recent Developments

10.2 SCHOTTEL

10.2.1 SCHOTTEL Company Information, Head Office, Market Area, and Industry Position

10.2.2 SCHOTTEL Lifting Azimuth Thruster Models, Specifications, and Application

10.2.3 SCHOTTEL Lifting Azimuth Thruster Sales Volume, Revenue, Price and Gross Margin, 2020-2025

10.2.4 SCHOTTEL Company Profile and Main Business

10.2.5 SCHOTTEL Recent Developments

10.3 ROLLS-ROYCE

10.3.1 ROLLS-ROYCE Company Information, Head Office, Market Area, and Industry Position

10.3.2 ROLLS-ROYCE Lifting Azimuth Thruster Models, Specifications, and Application

10.3.3 ROLLS-ROYCE Lifting Azimuth Thruster Sales Volume, Revenue, Price and Gross Margin, 2020-2025

10.3.4 ROLLS-ROYCE Company Profile and Main Business

10.3.5 ROLLS-ROYCE Recent Developments

10.4 Wartsila

10.4.1 Wartsila Company Information, Head Office, Market Area, and Industry Position

10.4.2 Wartsila Lifting Azimuth Thruster Models, Specifications, and Application

10.4.3 Wartsila Lifting Azimuth Thruster Sales Volume, Revenue, Price and Gross Margin, 2020-2025

10.4.4 Wartsila Company Profile and Main Business

10.4.5 Wartsila Recent Developments

10.5 Wuxi Shensui Marine Equipment Co., Ltd.

10.5.1 Wuxi Shensui Marine Equipment Co., Ltd. Company Information, Head Office, Market Area, and Industry Position

10.5.2 Wuxi Shensui Marine Equipment Co., Ltd. Lifting Azimuth Thruster Models, Specifications, and Application

10.5.3 Wuxi Shensui Marine Equipment Co., Ltd. Lifting Azimuth Thruster Sales Volume, Revenue, Price and Gross Margin, 2020-2025

10.5.4 Wuxi Shensui Marine Equipment Co., Ltd. Company Profile and Main Business

10.5.5 Wuxi Shensui Marine Equipment Co., Ltd. Recent Developments

11 Conclusion

12 Appendix

12.1 Research Methodology

12.2 Data Source

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Market Estimation Model

12.4 Disclaimer

Tables & Figures:
Show more
Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Lifting Azimuth Thruster 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.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

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

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
Why is the Lifting Azimuth Thruster Market trending toward high growth trajectories?
A dynamic process in the Lifting Azimuth Thruster Market is initiated by new entrants, including competitors from unrelated industries, in addition to the established players like Nanjing High Accurate Marine Equipment Co., Ltd. SCHOTTEL ROLLS-ROYCE Wartsila Wuxi Shensui Marine Equipment Co., Ltd..
How competitive is the Lifting Azimuth Thruster Market going to be?
The strategic moves of the Lifting Azimuth Thruster Market players such as Nanjing High Accurate Marine Equipment Co., Ltd. SCHOTTEL ROLLS-ROYCE Wartsila Wuxi Shensui Marine Equipment Co., Ltd., and others clearly highlight consumer-centric strategies that use technology to improve customer experience.
What important business segments are segregated by application types in the latest edition of the Lifting Azimuth Thruster Market?
The key business segments in the Lifting Azimuth Thruster Market are segregated by applications [Z-type Transmission L-type Transmission] and types [Tugboat Barge Crane Ship Semi-submersible Vessel Other].
What is the anticipated growth rate for the Lifting Azimuth Thruster Market?
During the projected year from 2025 to 2030, the Lifting Azimuth Thruster Market is expected to grow at a CAGR of xx%.
Is further segmentation possible given the scope of the Lifting Azimuth Thruster Market study?
Yes, the add-on segmentation is available in the premium customised version of the Lifting Azimuth Thruster Market report for a more in-depth analysis. It aids in the calculation of refined and precise market values.
What does the future hold for the Lifting Azimuth Thruster Industry?
This latest research publication on the Lifting Azimuth Thruster Market is an in-depth market tracker that provides a comprehensive assessment of the challenges that manufacturers face in achieving new growth cycles in the current scenario.