BOW AND STERN THRUSTERS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In February 2022, VETUS, a comprehensive boat systems designer, launched an entirely electric propulsion package. This comes two decades after the debut of the EP2200. The new system, named "E-DRIVES," is a complete solution that includes various modules, solidifying VETUS's reputation as a leading creator of boat systems.
• In November 2021, VETUS, a designer of complete boat systems, expanded its advanced BOW PRO units with the introduction of the BOW PRO Boosted 300 series. This new series includes the BOWB285, BOWB300, and BOWB320 thrusters, which are the most powerful in VETUS's BOW PRO lineup and the first in the 300mm tunnel range. These thrusters are suitable for boats up to 30m (approximately 100ft), allowing more boat owners to benefit from the innovative DC-to-DC charging technology, quiet operation, precise proportional control, and extended run time offered by the BOW PRO Boosted range.
• In February 2021, VETUS, a company that provides complete boat systems and specializes in thrusters, received NMEA 2000 certification for its CANverter gateway device. This device enables boat owners using VETUS proportional bow and stern thrusters to have advanced connectivity and communication capabilities, making it the first of its kind in the industry.
• In October 2020, VETUS, a supplier of complete boat systems and thrusters, they introduced unique solutions for both new boat construction and retrofitting. The E-LINE, along with the E-POD, is one of the few electric propulsion systems with 'active motor braking,' ensuring precise and immediate control of the boat. These solutions can be combined with VETUS BOW PRO proportional bow or stern thrusters, and a complete system, including thrusters and steering components, can be provided for a full vessel outfitting.