In this report,global Azimuth Thrusters Market will reach 757.82 Million USD by the end of 2022 with a CAGR of 1.93%
In the past five years from 2012 to 2016, global Azimuth Thrusters production revenue market scale was from 1200.19 million USD decreased to $ 775.72 million USD. It is estimated to reach 688.86 million USD by 2017 and 757.82 million USD by 2022, with the CAGR of 1.93% in terms of revenue over the period 2017-2022.
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.
Azimuth Thrusters can be divided into three categories: Diesel Engine Azimuth Thrusters type, Electric Azimuth Thrusters type and other types. Diesel Engine Azimuth Thrusters type accounted for the highest proportion in production market, with a figure of 52.78% in 2017, followed by Electric Azimuth Thrusters type, account for 28.91% and other types account for 18.31%.
The consumption market share of global Azimuth Thrusters in Tugboat use, Offshore Support Vessel use, Ferries use and other applications have been stable year by year, at 40.98%, 32.95%, 11.14% and 14.93% respectively in 2017, and for several consecutive years, the amplitude was within one percent. This indicates that the segment of the Azimuth Thrusters in the global market tends to be fixed without great changes. Among them, the Azimuth Thrusters market has the most promising sales prospects in Tugboat use.
XYZ research center data shows that Europe is the biggest contributor to the Azimuth Thrusters revenue market, accounted for 71.31% of the total global market with a revenue of 491.24 million USD in 2017, followed by Japan, 19.63% with a revenue of 135.21 million USD.
At present, the manufactures of Azimuth Thrusters are concentrated in Europe and Japan. Europe is the largest production area in the world, which occupied about 72.89% in 2016. The following areas are Japan, China and the USA. The global leading players in this market are Rolls-Royce, SCHOTTEL Group, Niigata Power Systems , Cat Propulsion, Brunvoll, etc.
Geographically, this report split global into several key Regions, with sales (K Units), revenue (M USD), market share and growth rate of Azimuth Thrusters for these regions, from 2014 to 2026 (forecast), covering
China
USA
Europe
Japan
Korea
India
Southeast Asia
South America
Global Azimuth Thrusters market competition by top manufacturers/players, with Azimuth Thrusters sales volume, Price (USD/Unit), revenue (M USD) and market share for each manufacturer/player; the top players including
Rolls-Royce
SCHOTTEL Group
Niigata Power Systems
Cat Propulsion
Brunvoll
Kawasaki
Steerprop
W?rtsil? Corporation
ZF Friedrichshafen AG
ABB Marine
Voith Turbo
NGC
Masson Marine
Hydromaster
VETH PROPULSION
Wuxi Ruifeng Marine
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Diesel Engine Azimuth Thrusters
Electric Azimuth Thrusters
Others
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Azimuth Thrusters for each application, including
Tugboat
Offshore Support Vessel
Ferries
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Summary:
Get latest Market Research Reports on Azimuth Thrusters Sales. Industry analysis & Market Report on Azimuth Thrusters Sales is a syndicated market report, published as Global Azimuth Thrusters Sales Market(Sales,Revenue and competitors Analysis of Major Market)from 2014-2026. It is complete Research Study and Industry Analysis of Azimuth Thrusters Sales market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.