About Marine Scrubber Systems
Marine Scrubber Systems is a cleaning system used to improve particulate matter and harmful components including sulphur oxides, and nitrogen oxides from exhaust gasses. Scrubber technology is one of the valid alternatives to comply with strict sulphur regulation. This procedure is used to control pollution. The major emission control areas are the Baltic Sea area, the North Sea Area, The United States, Canada. After new regulations, the vessels have to use expensive fuel with low sulphur content or clean the exhaust gases.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global marine scrubber systems market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Marine Scrubber Systems market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
FIB Industries (Netherlands), Valmet (Finland), Wartsila (Finland), Alfa Laval (Sweden), Shandong Xinhai Mining Technology & Equipment Inc. (China), Maritime Propulsion (United States), DuPont (United States), Fuji Electric (Japan), Clean Marine (Norway), Weihai Puyi Marine Environmental Technology Co. Ltd (China) and VDM Metals (Germany) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Marine Scrubber Systems market by , Application (Commercial (Containers, Tankers, Bulk Carriers, RO-RO), Offshore (AHTS, PSV, FSV, MPSV), Recreational (Cruise Ships, Ferries, Yachts) and Navy) and Region.
On the basis of geography, the market of Marine Scrubber Systems 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). If we see Market by Technology, the sub-segment i.e. Wet (Open-loop, closed-loop, hybrid, others) will boost the Marine Scrubber Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Fuel, the sub-segment i.e. Marine Diesel Oil (MDO) will boost the Marine Scrubber Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advancement in Exhaust Gas Treatment Systems and Increasing Research & Development Initiatives
Market Growth Drivers:
Increase Tightening Regulation of Preventing Air Pollution from Ships, Growing Shipping Industry and Damaging Marine Environment
Challenges:
High initial investment costs
Restraints:
Increasing Oil Prices
Opportunities:
Increase Number of Commercial Deployment, Growing Number of Marine in Sea Shore Regions and Increase Stringency Regulations for Protecting Marine Line Pollutions
Market Leaders and their expansionary development strategies
In February 2020, DIA-SOx R series, the marine SOx scrubbers produced by Mitsubishi Shipbuilding Co., Ltd., a member of Mitsubishi Heavy Industries, Ltd. (MHI) Group, has been recently admitted its conformity to the new SOx emissions regulations. The first 2 units of the scrubber retrofitted onboard ultra-large container ships got approvals from the classification societies,
In Jul 2019, Helsinki Wartsila announced the agreement with COSCO Shipping Heavy Industry. This collaboration aims to create a one-stop-shopping service for exhaust gas cleaning systems. ECGS providing customers with seamless deliveries and installation for newbuild and retrofit scrubber projects.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Marine Scrubber Systems Providers, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.