Global Azimuth and Tunnel Thrusters Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Market Overview

According to DIResearch＇s in-depth investigation and research, the global Azimuth and Tunnel Thrusters market size will reach 1,077.73 Million USD in 2025 and is projected to reach 1,481.44 Million USD by 2032, with a CAGR of 4.65% (2025-2032). Notably, the China Azimuth and Tunnel Thrusters market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be  Million USD, representing approximately  % of the global market share.

Research Summary

Azimuth thrusters are powerful propulsion units that can move in any direction, providing full control of the vessel＇s movement. They are often used in ships, boats, and other marine vessels, allowing them to maneuver in tight spaces without the need for a tugboat. Tunnel thrusters are also propulsion units that are used to provide additional maneuverability to marine vessels. They are often mounted at the bow or stern of the vessel and can rotate to thrust water in any direction. This helps to improve the vessel＇s ability to turn and maneuver in tight spaces, such as harbours and ports.

The major global  manufacturers of Azimuth and Tunnel Thrusters include Wärtsilä Corporation, SCHOTTEL Group, Kawasaki, Kongsberg, Berg Propulsion, Brunvoll, IHI, Thrustmaster, Veth Propulsion, Steerprop, ZF Friedrichshafen, NGC, ABB Marine, Voith Turbo, Jastram, Wuxi Ruifeng Marine, Hydromaster, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Azimuth and Tunnel Thrusters. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Azimuth and Tunnel Thrusters market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Azimuth and Tunnel Thrusters market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Azimuth and Tunnel Thrusters industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Azimuth and Tunnel Thrusters Include:

Wärtsilä Corporation

SCHOTTEL Group

Kawasaki

Kongsberg

Berg Propulsion

Brunvoll

IHI

Thrustmaster

Veth Propulsion

Steerprop

ZF Friedrichshafen

NGC

ABB Marine

Voith Turbo

Jastram

Wuxi Ruifeng Marine

Hydromaster

Azimuth and Tunnel Thrusters Product Segment Include:

Azimuth Thrusters

Tunnel Thrusters

Azimuth and Tunnel Thrusters Product Application Include:

Large Ships and Tankers

Offshore Vessels

Ferries and Passenger Vessels

Cruise Ships

Other

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global Azimuth and Tunnel Thrusters Industry PESTEL Analysis

Chapter 3: Global Azimuth and Tunnel Thrusters Industry Porter's Five Forces Analysis

Chapter 4: Global Azimuth and Tunnel Thrusters Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 5: Global Azimuth and Tunnel Thrusters Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 6: Global Azimuth and Tunnel Thrusters Sales, Revenue, Price and Forecast by Product Type

Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 8: Industrial Chain Analysis, Azimuth and Tunnel Thrusters Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 9: Research Findings and Conclusion

Chapter 10: Methodology and Data Sources