What is Floating Offices Market?
Global warming is foremost to a rise in sea surface temperatures which led to an increase in sea levels. Many people live by the sea and are dependent on it for their livelihood, the floating construction techniques are technically and financially feasible for this issue. A floating office is a company office built on floats that are anchored to a semi-permanent location on the water, it is working space that floats on the water. Moreover, this offices has an innovative way of heating and cooling systems, and it can be relocated to different places when it is necessary due to easy and movable characteristics. Increasing the disposable income of individuals is one of the key driving factors of growth.
The market study is being classified by Type (Product Type Segmentation, Electric-powered and Solar-powered), by Application (Residential, Public and Industrial) and major geographies with country level break-up.
Batifl'o(France), FDN(Netherlands), HANSEN MARINE(France), Waterstudio NL(Netherlands), Marinetek(Algeria), Sicamous(Canada), Bellamer Ltd(Finland), HSB Marine(Turkey) and Carl Turner-Architects(United Kingdom) are some of the key players profiled in the study.
Research Analyst at AMA predicts that Netherlands Manufacturers will contribute to the maximum growth of Global Floating Offices market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Floating Offices market by Type, Application and Region.
On the basis of geography, the market of Floating Offices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Due to the growing economic income level, peoplewant to live and enjoy leisure activities near or on the water is one of the key driving factors of growth
Market Trend
- The demand for the biodegradable building material For the construction of floating offices
Restraints
- Fluctuated price of raw material
Opportunities
- Technology advancement and awareness regarding reusable building material is creating opportunities for growth
Challenges
- Adverse effects on the eco-system
For instance in Jan 2020 bartels & vedder Netheraldn based company in combination with solid timber announced their project of powerhouse plans floating, all-timber office building for rotterdam port. The all-timber structure will provide as the new headquarters of the global center on adaptation (GCA). Directed by former UN-chairman ban ki-moon, Microsoft founder bill gates, and managing director of the international monetary fund (IMF) crystalline georgieva,. It will used to encourage the development of measures to manage the effects of climate change through technology, planning, and investment.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Floating Offices Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry