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Global Azimuth Thrusters Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

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1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Azimuth Thrusters Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Less than 1500KW
    • 1.3.3 1500KW-3500KW
    • 1.3.4 Morethan 3500KW
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Azimuth Thrusters Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Tugs
    • 1.4.3 Offshore Work Ship
    • 1.4.4 Ferry
    • 1.4.5 Others
  • 1.5 Global Azimuth Thrusters Market Size & Forecast
    • 1.5.1 Global Azimuth Thrusters Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Azimuth Thrusters Sales Quantity (2020-2031)
    • 1.5.3 Global Azimuth Thrusters Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 SCHOTTEL Group
    • 2.1.1 SCHOTTEL Group Details
    • 2.1.2 SCHOTTEL Group Major Business
    • 2.1.3 SCHOTTEL Group Azimuth Thrusters Product and Services
    • 2.1.4 SCHOTTEL Group Azimuth Thrusters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 SCHOTTEL Group Recent Developments/Updates
  • 2.2 Kongsberg
    • 2.2.1 Kongsberg Details
    • 2.2.2 Kongsberg Major Business
    • 2.2.3 Kongsberg Azimuth Thrusters Product and Services
    • 2.2.4 Kongsberg Azimuth Thrusters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Kongsberg Recent Developments/Updates
  • 2.3 IHI Power Systems Co.,Ltd
    • 2.3.1 IHI Power Systems Co.,Ltd Details
    • 2.3.2 IHI Power Systems Co.,Ltd Major Business
    • 2.3.3 IHI Power Systems Co.,Ltd Azimuth Thrusters Product and Services
    • 2.3.4 IHI Power Systems Co.,Ltd Azimuth Thrusters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 IHI Power Systems Co.,Ltd Recent Developments/Updates
  • 2.4 Steerprop
    • 2.4.1 Steerprop Details
    • 2.4.2 Steerprop Major Business
    • 2.4.3 Steerprop Azimuth Thrusters Product and Services
    • 2.4.4 Steerprop Azimuth Thrusters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Steerprop Recent Developments/Updates
  • 2.5 Brunvoll
    • 2.5.1 Brunvoll Details
    • 2.5.2 Brunvoll Major Business
    • 2.5.3 Brunvoll Azimuth Thrusters Product and Services
    • 2.5.4 Brunvoll Azimuth Thrusters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Brunvoll Recent Developments/Updates
  • 2.6 Wärtsilä Corporation
    • 2.6.1 Wärtsilä Corporation Details
    • 2.6.2 Wärtsilä Corporation Major Business
    • 2.6.3 Wärtsilä Corporation Azimuth Thrusters Product and Services
    • 2.6.4 Wärtsilä Corporation Azimuth Thrusters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Wärtsilä Corporation Recent Developments/Updates
  • 2.7 Thrustmaster
    • 2.7.1 Thrustmaster Details
    • 2.7.2 Thrustmaster Major Business
    • 2.7.3 Thrustmaster Azimuth Thrusters Product and Services
    • 2.7.4 Thrustmaster Azimuth Thrusters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Thrustmaster Recent Developments/Updates
  • 2.8 Kawasaki
    • 2.8.1 Kawasaki Details
    • 2.8.2 Kawasaki Major Business
    • 2.8.3 Kawasaki Azimuth Thrusters Product and Services
    • 2.8.4 Kawasaki Azimuth Thrusters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Kawasaki Recent Developments/Updates
  • 2.9 Berg Propulsion
    • 2.9.1 Berg Propulsion Details
    • 2.9.2 Berg Propulsion Major Business
    • 2.9.3 Berg Propulsion Azimuth Thrusters Product and Services
    • 2.9.4 Berg Propulsion Azimuth Thrusters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Berg Propulsion Recent Developments/Updates
  • 2.10 ZF Friedrichshafen AG
    • 2.10.1 ZF Friedrichshafen AG Details
    • 2.10.2 ZF Friedrichshafen AG Major Business
    • 2.10.3 ZF Friedrichshafen AG Azimuth Thrusters Product and Services
    • 2.10.4 ZF Friedrichshafen AG Azimuth Thrusters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 ZF Friedrichshafen AG Recent Developments/Updates
  • 2.11 ABB Marine
    • 2.11.1 ABB Marine Details
    • 2.11.2 ABB Marine Major Business
    • 2.11.3 ABB Marine Azimuth Thrusters Product and Services
    • 2.11.4 ABB Marine Azimuth Thrusters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 ABB Marine Recent Developments/Updates
  • 2.12 Voith Turbo
    • 2.12.1 Voith Turbo Details
    • 2.12.2 Voith Turbo Major Business
    • 2.12.3 Voith Turbo Azimuth Thrusters Product and Services
    • 2.12.4 Voith Turbo Azimuth Thrusters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 Voith Turbo Recent Developments/Updates
  • 2.13 NGC Gears
    • 2.13.1 NGC Gears Details
    • 2.13.2 NGC Gears Major Business
    • 2.13.3 NGC Gears Azimuth Thrusters Product and Services
    • 2.13.4 NGC Gears Azimuth Thrusters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 NGC Gears Recent Developments/Updates
  • 2.14 CSIC
    • 2.14.1 CSIC Details
    • 2.14.2 CSIC Major Business
    • 2.14.3 CSIC Azimuth Thrusters Product and Services
    • 2.14.4 CSIC Azimuth Thrusters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.14.5 CSIC Recent Developments/Updates
  • 2.15 Wuhan Marine Machinery Plant Co., Ltd
    • 2.15.1 Wuhan Marine Machinery Plant Co., Ltd Details
    • 2.15.2 Wuhan Marine Machinery Plant Co., Ltd Major Business
    • 2.15.3 Wuhan Marine Machinery Plant Co., Ltd Azimuth Thrusters Product and Services
    • 2.15.4 Wuhan Marine Machinery Plant Co., Ltd Azimuth Thrusters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.15.5 Wuhan Marine Machinery Plant Co., Ltd Recent Developments/Updates
  • 2.16 Jastram
    • 2.16.1 Jastram Details
    • 2.16.2 Jastram Major Business
    • 2.16.3 Jastram Azimuth Thrusters Product and Services
    • 2.16.4 Jastram Azimuth Thrusters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.16.5 Jastram Recent Developments/Updates
  • 2.17 Hangzhou Adcance
    • 2.17.1 Hangzhou Adcance Details
    • 2.17.2 Hangzhou Adcance Major Business
    • 2.17.3 Hangzhou Adcance Azimuth Thrusters Product and Services
    • 2.17.4 Hangzhou Adcance Azimuth Thrusters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.17.5 Hangzhou Adcance Recent Developments/Updates
  • 2.18 Thrustleader Marine Power System
    • 2.18.1 Thrustleader Marine Power System Details
    • 2.18.2 Thrustleader Marine Power System Major Business
    • 2.18.3 Thrustleader Marine Power System Azimuth Thrusters Product and Services
    • 2.18.4 Thrustleader Marine Power System Azimuth Thrusters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.18.5 Thrustleader Marine Power System Recent Developments/Updates
  • 2.19 Wuxi Ruifeng
    • 2.19.1 Wuxi Ruifeng Details
    • 2.19.2 Wuxi Ruifeng Major Business
    • 2.19.3 Wuxi Ruifeng Azimuth Thrusters Product and Services
    • 2.19.4 Wuxi Ruifeng Azimuth Thrusters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.19.5 Wuxi Ruifeng Recent Developments/Updates

3 Competitive Environment: Azimuth Thrusters by Manufacturer

  • 3.1 Global Azimuth Thrusters Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Azimuth Thrusters Revenue by Manufacturer (2020-2025)
  • 3.3 Global Azimuth Thrusters Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Azimuth Thrusters by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Azimuth Thrusters Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Azimuth Thrusters Manufacturer Market Share in 2024
  • 3.5 Azimuth Thrusters Market: Overall Company Footprint Analysis
    • 3.5.1 Azimuth Thrusters Market: Region Footprint
    • 3.5.2 Azimuth Thrusters Market: Company Product Type Footprint
    • 3.5.3 Azimuth Thrusters Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Azimuth Thrusters Market Size by Region
    • 4.1.1 Global Azimuth Thrusters Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Azimuth Thrusters Consumption Value by Region (2020-2031)
    • 4.1.3 Global Azimuth Thrusters Average Price by Region (2020-2031)
  • 4.2 North America Azimuth Thrusters Consumption Value (2020-2031)
  • 4.3 Europe Azimuth Thrusters Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Azimuth Thrusters Consumption Value (2020-2031)
  • 4.5 South America Azimuth Thrusters Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Azimuth Thrusters Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Azimuth Thrusters Sales Quantity by Type (2020-2031)
  • 5.2 Global Azimuth Thrusters Consumption Value by Type (2020-2031)
  • 5.3 Global Azimuth Thrusters Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Azimuth Thrusters Sales Quantity by Application (2020-2031)
  • 6.2 Global Azimuth Thrusters Consumption Value by Application (2020-2031)
  • 6.3 Global Azimuth Thrusters Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Azimuth Thrusters Sales Quantity by Type (2020-2031)
  • 7.2 North America Azimuth Thrusters Sales Quantity by Application (2020-2031)
  • 7.3 North America Azimuth Thrusters Market Size by Country
    • 7.3.1 North America Azimuth Thrusters Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Azimuth Thrusters Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Azimuth Thrusters Sales Quantity by Type (2020-2031)
  • 8.2 Europe Azimuth Thrusters Sales Quantity by Application (2020-2031)
  • 8.3 Europe Azimuth Thrusters Market Size by Country
    • 8.3.1 Europe Azimuth Thrusters Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Azimuth Thrusters Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Azimuth Thrusters Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Azimuth Thrusters Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Azimuth Thrusters Market Size by Region
    • 9.3.1 Asia-Pacific Azimuth Thrusters Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Azimuth Thrusters Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Azimuth Thrusters Sales Quantity by Type (2020-2031)
  • 10.2 South America Azimuth Thrusters Sales Quantity by Application (2020-2031)
  • 10.3 South America Azimuth Thrusters Market Size by Country
    • 10.3.1 South America Azimuth Thrusters Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Azimuth Thrusters Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Azimuth Thrusters Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Azimuth Thrusters Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Azimuth Thrusters Market Size by Country
    • 11.3.1 Middle East & Africa Azimuth Thrusters Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Azimuth Thrusters Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Azimuth Thrusters Market Drivers
  • 12.2 Azimuth Thrusters Market Restraints
  • 12.3 Azimuth Thrusters Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Azimuth Thrusters and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Azimuth Thrusters
  • 13.3 Azimuth Thrusters Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Azimuth Thrusters Typical Distributors
  • 14.3 Azimuth Thrusters Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global Azimuth Thrusters market size was valued at US$ 530 million in 2024 and is forecast to a readjusted size of USD 632 million by 2031 with a CAGR of 2.6% during review period.
    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.
    Global core azimuth thrusters Manufacturing Equipment manufacturers include SCHOTTEL Group, Kongsberg, IHI Power Systems Co.,Ltd etc.The top 5 companies hold a share about 55%.China is the largest market, with a share about 32%, followed by Europe and US with the share about 13% and 12%.In terms of product, 1500KW-3500KW is the largest segment, with a share over 50%. And in terms of application, the largest application is offshore work ship.
    This report is a detailed and comprehensive analysis for global Azimuth Thrusters market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
    Key Features:
    Global Azimuth Thrusters market size and forecasts, in consumption value ($ Million), sales quantity (Unit), and average selling prices (K US$/ Unit), 2020-2031
    Global Azimuth Thrusters market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Unit), and average selling prices (K US$/ Unit), 2020-2031
    Global Azimuth Thrusters market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Unit), and average selling prices (K US$/ Unit), 2020-2031
    Global Azimuth Thrusters market shares of main players, shipments in revenue ($ Million), sales quantity (Unit), and ASP (K US$/ Unit), 2020-2025
    The Primary Objectives in This Report Are:
    To determine the size of the total market opportunity of global and key countries
    To assess the growth potential for Azimuth Thrusters
    To forecast future growth in each product and end-use market
    To assess competitive factors affecting the marketplace
    This report profiles key players in the global Azimuth Thrusters market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include SCHOTTEL Group, Kongsberg, IHI Power Systems Co.,Ltd, Steerprop, Brunvoll, Wärtsilä Corporation, Thrustmaster, Kawasaki, Berg Propulsion, ZF Friedrichshafen AG, etc.
    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
    Market Segmentation
    Azimuth Thrusters market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
    Market segment by Type
    Less than 1500KW
    1500KW-3500KW
    Morethan 3500KW
    Market segment by Application
    Tugs
    Offshore Work Ship
    Ferry
    Others
    Major players covered
    SCHOTTEL Group
    Kongsberg
    IHI Power Systems Co.,Ltd
    Steerprop
    Brunvoll
    Wärtsilä Corporation
    Thrustmaster
    Kawasaki
    Berg Propulsion
    ZF Friedrichshafen AG
    ABB Marine
    Voith Turbo
    NGC Gears
    CSIC
    Wuhan Marine Machinery Plant Co., Ltd
    Jastram
    Hangzhou Adcance
    Thrustleader Marine Power System
    Wuxi Ruifeng
    Market segment by region, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
    The content of the study subjects, includes a total of 15 chapters:
    Chapter 1, to describe Azimuth Thrusters product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of Azimuth Thrusters, with price, sales quantity, revenue, and global market share of Azimuth Thrusters from 2020 to 2025.
    Chapter 3, the Azimuth Thrusters competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the Azimuth Thrusters breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
    Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
    Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Azimuth Thrusters market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
    Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
    Chapter 13, the key raw materials and key suppliers, and industry chain of Azimuth Thrusters.
    Chapter 14 and 15, to describe Azimuth Thrusters sales channel, distributors, customers, research findings and conclusion.

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