The Europe Waterjet Propulsion Market was valued at US$ 234.5 Million in 2024 and is projected to reach US$ 378.9 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 8.3% during the forecast period (2024–2030). This growth is driven by increasing demand for high-efficiency marine vessels, stringent environmental regulations, and the adoption of smart propulsion technologies across commercial and naval maritime sectors.
As maritime operators seek alternatives to traditional propeller systems, waterjet propulsion is gaining prominence for its superior maneuverability, shallow-draft capability, and reduced maintenance requirements. This analysis profiles the Top 10 Companies in the Europe Waterjet Propulsion Market—established manufacturers and innovators shaping marine mobility solutions.
🔟 1. Rolls-Royce plc
Headquarters: London, United Kingdom
Key Offering: Kamewa & Rolls-Royce Waterjets
Rolls-Royce dominates the premium segment with propulsion systems for high-speed ferries, naval vessels, and megayachts. Their Kamewa series achieves industry-leading thrust-to-weight ratios with advanced hydraulic controls.
Technological Advantages:
- Dual-stage axial flow impeller design (12-15% efficiency gain)
- Integrated Hybrid Power systems for naval applications
- Predictive maintenance through AI-driven digital twins
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9️⃣ 2. Wärtsilä Corporation
Headquarters: Helsinki, Finland
Key Offering: Wärtsilä LJX series waterjets
Wärtsilä leads in commercial vessel applications with modular waterjets supporting power outputs up to 30MW. Their systems power over 400 European ferries and workboats annually.
Technological Advantages:
- Automated trim optimization saving 7-9% fuel
- Integrated condition monitoring dashboard
- Low-vibration designs meeting DNV SILENT-E class
8️⃣ 3. Marine Jet Power
Headquarters: Rome, Italy
Key Offering: MJP 350/550 series waterjets
This Italian specialist supplies NATO navies and fast patrol boats with ultra-light aluminum waterjets 30% lighter than steel counterparts while maintaining military-grade durability.
Technological Advantages:
- Modular maintenance allowing 50% faster servicing
- Advanced erosion-resistant coatings (6,000+ hour lifecycle)
- Dual-fuel compatible designs
7️⃣ 4. HamiltonJet
Headquarters: Christchurch, New Zealand (European HQ: Netherlands)
Key Offering: HTX30 waterjet series
HamiltonJet’s axial flow systems achieve 92% hydraulic efficiency, making them the propulsion of choice for European high-speed craft operators prioritizing fuel economy.
Technological Advantages:
- Auto-deployable reverse buckets (0.8s response time)
- Integrated stability control algorithms
- Modular component replacement system
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6️⃣ 5. Schottel Group
Headquarters: Spay, Germany
Key Offering: SCHOTTEL Pump-Jet series
German-engineered pump-jets combine waterjet efficiency with azimuth thruster maneuverability, particularly suited for offshore support vessels and dynamic positioning systems.
Technological Advantages:
- 300° steering range for pinpoint positioning
- Ice-class reinforced designs (DNV Polar Code compliant)
- Integrated power take-off generators
5️⃣ 6. Alamarin-Jet
Headquarters: Sipoo, Finland
Key Offering: AJ Series waterjets
This Finnish manufacturer specializes in cost-effective solutions for workboats and patrol vessels, with over 5,000 units operating in Baltic Sea conditions.
Technological Advantages:
- Annual maintenance cycles (50% longer than industry standard)
- Low-drag intake designs
- Corrosion-resistant composite materials
4️⃣ 7. Castoldi Srl
Headquarters: Chignolo d’Isola, Italy
Key Offering: Turbocraft waterjets
Italian-designed waterjets optimized for high-speed pleasure craft and patrol boats, featuring proprietary “Turbofan” inlet technology reducing cavitation by 40%.
Technological Advantages:
- Integrated touchscreen controls
- Emergency backup steering systems
- Shaftless direct-drive configurations
3️⃣ 8. Doen WaterJets
Headquarters: Carrum, Australia (European Hub: UK)
Key Offering: DJ Series waterjets
Doen’s robust designs serve European naval and commercial operators with field-proven reliability in challenging operating environments.
Technological Advantages:
- Nozzle steering up to 35 knots
- Removable wear rings extending service intervals
- Military-specification shock mountings
2️⃣ 9. Veth Propulsion
Headquarters: Papendrecht, Netherlands
Key Offering: Veth Waterjets
Dutch engineering expertise delivers compact waterjets for inland waterway vessels and special craft, featuring innovative shallow-water maneuverability solutions.
Technological Advantages:
- Silt-tolerant impeller designs
- Low-noise operation (<68dBA at 1m)
- Diesel-electric hybrid compatibility
Read Full Report: Europe Waterjet Propulsion Market – View in Detailed Research Report
1️⃣ 10. MJP Waterjets
Headquarters: Sweden
Key Offering: X Series ultra-compact waterjets
Swedish-designed systems for high-speed military and rescue craft, featuring the market’s most compact footprint for vessels with constrained engine room space.
Technological Advantages:
- Up to 25% smaller than comparable models
- Rapid change pump cartridges (under 2 hours)
- Cold climate operation down to -30°C
🌊 Outlook: Next Generation Waterjet Technologies
The European waterjet propulsion market is evolving with digitalization and environmental considerations driving innovation:
📈 Key Development Trends:
- Digital Propulsion: AI-optimized thrust mapping and predictive maintenance
- Green Solutions: Bio-composite materials and hybrid-electric drives
- Performance Enhancements: 3D-printed impellers with improved hydrodynamic profiles
- Smart Integration: Cloud-connected fleet management systems
Read Full Report: Europe Waterjet Propulsion Market – View in Detailed Research Report
These market leaders are not just manufacturing propulsion systems—they’re driving the intelligent transformation of marine mobility across European waters.