Bow and Stern Thrusters Market Report 2023 (Global Edition)

Global Bow and Stern Thrusters Market Report 2023 talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Bow and Stern Thrusters Industry growth. Bow and Stern Thrusters market has been segmented with the help of its Type, Application , and others. Bow and Stern Thrusters market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.

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Bow and Stern Thrusters Market: Type Segment Analysis

• Tunnel Bow and Stern Thrusters

Tunnel Bow and Stern Thrusters Market Revenue is expected to reach at USD 191.25 Million by 2028.

One common type of thruster is a tunnel thruster. The tunnel is placed below the waterline and through the bow. The tunnel, which is made of composite material, can shield the propulsion unit while also concentrating the thrust of the propeller. The tunnel should be at least 75 % of its diameter below the waterline, but ideally 1.5 times its diameter while surveying for the optimal position for the tunnel. From inside the boat, the fitter inserts the propulsion unit into the tunnel. The tunnel is commonly made of fiberglass or aluminum tubing, depending on the hull material, and it shields the thruster unit while also concentrating propeller thrust.

• Retractable Bow and Stern Thrusters

Retractable thrusters are retracted into the hull when not in use and extended into the water via an actuator when needed. This reduces additional drag. It also eliminates draft-related constraints. Even with today's modern performance sailing boats, retractable thrusters can be installed far forward in the bow while attaining the required immersion depths. As a result, a thruster with a good turning effect on the boat can be utilized with outstanding results.

• Water Jet Bow and Stern Thrusters

Waterjet thrusters are a special type of thruster that uses a pumping device as a substitute of the propeller. These are compact, powerful, quiet alternatives for boats up to 18 meters. Water jet thrusters use high-power electrical Turbine style Centrifugal water pumps. The Jet Thruster pump draws water thru a 3" or 4" intake on the bottom of the boat, fitted with an isolation ball valve. The water is discharged through specially designed nozzles that help to raise the velocity of the jet. Some thrusters are constructed to provide forward and aft auxiliary propulsion, or even full 360-degree thrust.

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Bow and Stern Thrusters Market: Application Segment Analysis

• Ship

Ship Revenue in Bow and Stern Thrusters market is expected to reach at USD 188.77 Million by 2028.

Ship is a large boat used for carrying passengers or cargo by sea. Thrusters in ships help the ships to be more independent from tugs and provide them with more maneuverability in special circumstances. During the operation thrusters helps to force the water through the tunnel to push the ship sideways either to port or starboard as required. As the bow and stern thrusters are steerable it helps the ships to eliminate ship rudder. The ship can be mounted on a number of thrusters. This thruster requirement to be installed is dependent on the length and the cargo capacity of the ship.

• Boat

Boat is a small vehicle that is used for traveling across the water. Currently, bow and stern thrusters become essential components of boats that help them with maneuverability. The addition of bow and stern thrusters allows a boat to move to the side (port or starboard) without forward or backward thrust from the engine or rudder. Many boat owners fit the bow and stern thrust due to it helping to counter strong currents at sea and in the dock. It gives confidence to boat owners that they can handle their boats in any weather conditions.

• Barge

A barge is a kind of cargo-carrying vessel designed to transport passengers or goods through rivers or canals. Normally, these shipping vessels are long, flat-bottomed boats that do not have a self-propelling mechanism. A barge needs to be pulled by a tow or a tug boat. Having a bow and stern thrusters helps to easily drag the barge. In some barges, thrusters can replace conventional propulsion and rubber steering systems to perform both the propulsion and steering functions. Its propeller can steer in any direction of 360°above the water level.

• Yacht

A yacht is a sailing or power vessel used for pleasure, cruising, or racing. In yacht thrusters, mainly external bow and stern thrusters are used. Yacht thrusters require drilling a one- to two-inch hole (depending on the size of the unit chosen) to attach it via a threaded pipe, which is also used to route cabling. Yacht thrusters are relatively small and easy to install that offer single and twin-propeller models that attach to the outside of the hull. It usually takes only about one to two hours to install the thruster itself (without cable connections).

• Tugboat/AUVs Autonomous Underwater Vehicles

Maneuverability is essential in autonomous underwater vehicles. Hence the use of bow and stern thrusters has been widely employed in the AUV. In AUV mainly electrically operated thrusters are used. AUV-specific thrusters share many characteristics such as maximum performance and reliability in the harshest of environments. Whereas in tugboats fixed installed thrusters are used. The thrusters can each independently rotate at an angle of 360° and have a low risk of capsizing

The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Bow and Stern Thrusters market report 2023 Edition by contacting our team.

Bow and Stern Thrusters Market Regional Analysis

Region and country analysis section of Bow and Stern Thrusters Industry Analysis has been segmented into 5 major region such as North America, Europe, Asia Pacific, Middle East & Africa ,and Latin America (along with respective major contributing countries) and provides the revenue share, current trends.

The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of Bow and Stern Thrusters market.

 

Region-wise, the market is analyzed across: (In case you wish to acquire a specific region or any country data then please contact us)

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!

The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of this market.

Company Profile

Wärtsilä

Wärtsilä is the manufacturer of smart technologies and complete lifecycle solutions for the marine and energy markets.  In the maritime industry, Wärtsilä has a significant position. Wärtsilä products are installed aboard more than 50,000 ships worldwide today. Wärtsilä also provides maintenance services to one in every three ocean-going boats. Traditional commerce vessels, gas carriers, cruise ships, and ferries, as well as naval and special vessels, are all part of Wärtsilä's maritime customer base.

 Wärtsilä’s three main customer segments in the energy markets are Utilities, Independent Power Producers (IPPs), and Industrial customers. Wärtsilä’s energy solutions are used for a wide variety of applications. These include baseload generation, capacity for grid stability, peaking and load-following generation, and optimization of high renewable content power systems. It provides energy management, storage, and flexible power plants, as well as lifecycle services. Wärtsilä has 72 GW of installed power plant capacity in 180 countries around the world.

• Business Strategy

Wärtsilä is primarily a research and development company. In both the Energy and Marine Businesses, Wärtsilä develops technology that meets increasingly severe sustainability standards. This factor contributes to a higher brand value for customers. It also focuses on collaborations, partnerships, and acquisitions, all of which are supposed to improve the company's market position. For instance, Wärtsilä plans to use a combination of organic expansion, partnerships, and acquisitions to expand its automation capabilities and boost its offering of solutions.

Additionally, it focuses on manufacturing capabilities that bring flexibility to both manufacturing and cost structure. The company focuses on maximizing customer benefits of products and services through environmentally and economically sustainable measures. It has gained a strong position in the thruster during the past year. Wartsila has received orders for more than sixty of its transverse thrusters to be used in the construction of twelve new cruise ships for six different owners in four shipyards.

ZF Friedrichshafen AG

ZF is a global technology company that develops and manufactures systems for automobiles, commercial vehicles, and industrial technology, enabling the next generation of mobility. With its broad technology portfolio, the company provides integrated transportation and mobility solutions to established car manufacturers, mobility providers, and start-up businesses.

The business works in various divisions including active safety systems, car chassis technology, electrified powertrain technology, electronics & ADAS, passive safety systems, commercial vehicle control systems, commercial vehicle technology, industrial technology, and aftermarket.

It serves industry sectors such as wind power, marine propulsion, aviation technology, rail drives, special drives, and test systems in addition to the core markets of passenger cars and commercial vehicles. Through a comprehensive product and service portfolio, the ZF Aftermarket Division brings OEM knowledge to the aftermarket.

Year	News
February 2021	ZF offers the new ZF AT 80 thruster model range to close the performance gap for marine propulsion systems At the SMM Digital maritime trade show, ZF introduces its new ZF AT 80 thruster model line. The model range includes a bow thruster, a 360-degree steerable thruster, and a retractable propulsion system. As a result, ZF is able to provide made-to-measure ZF technology to even more ship operators, builders, and naval architects for a variety of applications.
December 2019	ZF Introduces Condition Monitoring Technology for Thruster Systems in Ships ZF has designed a sophisticated thruster Condition Monitoring System. The technology monitors the thruster system's status and assists shipyards, shipping firms, and fleet operators in maintaining the safety and efficiency of their ships while also extending the propulsion system's service life. A new oil cleaning system also assures oil purity and extends the life of the oil.

            

Top Companies Market Share in Bow and Stern Thrusters Industry: (In no particular order of Rank)

• Sleipner Motor AS
• Max Power
• ThrustEMS
• Holland Marine Parts
• ABT•TRAC
• Western Marine Electronics
• Craftsman Marine
• Dutch Thrusters Group BV
• ZF Friedrichshafen AG
• Lewmar Limited
• VETUS
• Anchorlift
• Wartsila
• YMV Crane and Winch Systems
• Bosch Rexroth
• Kawasaki Heavy Industries
• Osmotech
• SJMATEK(Suzhou) Marine Machine
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