Rishika ChavanAzimuth Thrusters Market on Steady Course!
The market size reached USD 498.5 million in 2021 and is projected to rise from USD 526.4 million in 2022 to USD 583.8 million by 2029, growing at a CAGR of 1.49%. Asia Pacific leads with a 52.66% share in 2021.
🔹 Growing adoption in offshore vessels & dynamic positioning systems
🔹 Investments in maritime propulsion innovation
🔹 Naval modernization driving demand
Source: https://www.fortunebusinessinsights.com/azimuth-thrusters-market-103517
