Global Azimuth Thrusters Sales Market Report 2020
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%.
Market Analysis and Insights: Global Azimuth Thrusters Market
The global Azimuth Thrusters market size is projected to reach US$ 504.1 million by 2026, from US$ 545.3 million in 2020, at a CAGR of -1.3% during 2021-2026.
Global Azimuth Thrusters Scope and Market Size
The global Azimuth Thrusters market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Azimuth Thrusters market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.
Segment by Type, the Azimuth Thrusters market is segmented into
Less than 1500KW
1500KW-3500KW
More than 3500KW
Segment by Application, the Azimuth Thrusters market is segmented into
Tugboat
Offshore Support Vessel
Ferries and Freighter
Others
The Azimuth Thrusters market is analysed and market size information is provided by regions (countries). Segment by Application, the Azimuth Thrusters market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Azimuth Thrusters market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Azimuth Thrusters business, the date to enter into the Azimuth Thrusters market, Azimuth Thrusters product introduction, recent developments, etc.
The major vendors covered:
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
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%.
Market Analysis and Insights: Global Azimuth Thrusters Market
The global Azimuth Thrusters market size is projected to reach US$ 504.1 million by 2026, from US$ 545.3 million in 2020, at a CAGR of -1.3% during 2021-2026.
Global Azimuth Thrusters Scope and Market Size
The global Azimuth Thrusters market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Azimuth Thrusters market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.
Segment by Type, the Azimuth Thrusters market is segmented into
Less than 1500KW
1500KW-3500KW
More than 3500KW
Segment by Application, the Azimuth Thrusters market is segmented into
Tugboat
Offshore Support Vessel
Ferries and Freighter
Others
The Azimuth Thrusters market is analysed and market size information is provided by regions (countries). Segment by Application, the Azimuth Thrusters market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Competitive Landscape
and Azimuth Thrusters Market Share AnalysisAzimuth Thrusters market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Azimuth Thrusters business, the date to enter into the Azimuth Thrusters market, Azimuth Thrusters product introduction, recent developments, etc.
The major vendors covered:
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
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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