Global Ballast Water Management Market Analysis 2018 & Business Overview by Key Company Profile : Wrtsil, Hitachi
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Ballast water has been an essential component of the ship's constancy. Ballast water is pumped in to maintain safe operating conditions throughout a voyage. It is an important for safe and efficient modern shipping operations, it may create serious environmental, economic and health issues attribute to the multitude of marine species carried in ships' ballast water.
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Government initiatives toward marine environmental protection, increasing demand for petroleum products, developing healthcare concerns in shipping sector are fueling the market growth. However, continuously changes in government rules and regulations and high costs associated are hindering the growth of the market. Influenced by stringent regulations, increase in fleet ownership, and global trade in large volumes, EMEA will be the major revenue contributor to this market. Additionally, factors such as the expansion in fleet size in various countries and the decommissioning of aging vessels, also contribute to the growth of the ballast water management market in this region.
The Ballast Water Management market was valued at 13900 Million US$ in 2018 and is projected to reach 172500 Million US$ by 2025, at a CAGR of 37.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Ballast Water Management.
This report presents the worldwide Ballast Water Management market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
ALFA LAVAL
GEA Group
Hitachi
Veolia Water Technology
Wrtsil
Ballast Water Management Breakdown Data by Type
Physical Disinfection
Mechanical Method
Chemical Method
Ballast Water Management Breakdown Data by Application
Automotive Machinery & Equipment
Cosmetics
Food & Beverages
Building & Infrastructure Materials
Medical & Healthcare
Mining Equipment
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Ballast Water Management Production by Region
United States
Europe
China
Japan
Other Regions
The study objectives of this report are:
To analyze and study the global Ballast Water Management capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Ballast Water Management manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Ballast Water Management :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Ballast Water Management market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Ballast Water Management Manufacturers
Ballast Water Management Distributors/Traders/Wholesalers
Ballast Water Management Subcomponent Manufacturers
Industry Association
Downstream Vendors
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