The Asia Pacific region, a burgeoning hub of maritime activity, has seen a significant uptick in the demand for advanced propulsion systems. Azimuth thrusters stand out for their unparalleled manoeuvrability, efficiency, and versatility. The market for azimuth thrusters in Asia Pacific is poised for robust growth, driven by the region's expanding maritime trade, increasing offshore activities,...
According to UnivDatos, the growth of the Azimuth Thrusters market is primarily driven by factors such as the growing demand for energy, which has spurred extensive offshore exploration and production activities, further boosting the demand for Azimuth Thrusters. As per their Azimuth Thrusters Market report, the global market was valued at USD ~532 million in 2023, growing at a CAGR of about...
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