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Global Azimuth Thrusters Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020-2026

In this report, the Global Azimuth Thrusters market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. Global Azimuth Thrusters market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

Browse full research report at https://www.crystalmarketreport.com/global-azimuth-thrusters-market-size-manufacturers-supply-chain-sales-channel-and-clients-2020-2026

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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

In 2019, the global Azimuth Thrusters market size was US$ 571.4 million and it is expected to reach US$ 504.1 million by the end of 2026, with a CAGR of -1.3% during 2021-2026.

Global Azimuth Thrusters Scope and Market Size

Azimuth Thrusters market is segmented by region, by country, company, type, application and by sales channels. 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, by country, company, type, application and by sales channels 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

Regional and Country-level Analysis:

North America

United States

Canada

Asia-Pacific

China

Japan

South Korea

India

Southeast Asia

Australia

Rest of Asia-Pacific

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Rest of Europe

Latin America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

Turkey

Saudi Arabia

UAE

Rest of MEA

Competitive Landscape and Azimuth Thrusters Market Share Analysis

Azimuth Thrusters market competitive landscape provides details and data information by companies. 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 sale and revenue by players for the period 2015-2020. Details included are company description, major business, Azimuth Thrusters product introduction, recent developments, Azimuth Thrusters sales by region, type, application and by sales channel.

The major companies include:

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

Browse full research report at https://www.crystalmarketreport.com/global-azimuth-thrusters-market-size-manufacturers-supply-chain-sales-channel-and-clients-2020-2026

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