About mooring buoys
The mooring buoys are also known as single point mooring which is loading buoy anchored off-shore that serves as a mooring point and interconnect for tankers loading or offloading gas or liquid products. It is capable of handling tonnage ship, even very large crude carriers (VLCC) where no alternative facility is available. The major companies are adding more proven technologies systematically and strategically in European countries as these countries are focused on fastest-growing verticals in the marine sector.
Attributes | Details |
---|
Study Period | 201-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 3.1% |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States and United Kingdom Manufacturers will contribute the maximum growth to Global mooring buoys 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.
Sotra Marine Produkter (Norway), Sea lite (Australia), Sea flex (Sweden), Riviera srl Genova (Italy), Fender Care (United Kingdom), Nuova Rade (Italy), Poralu Marine (Canada), NIBS (France), Lindgren-Pitman and Dock Edge(Canada) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Griffin-Woodhouse (United Kingdom), Jim-Buoy (United States), Guderoglu Marin Deniz Malzemeleri (Turkey), Mediterrneo Seals Martimas, Eco tank (Spain), CAN-SB MARINE PLASTICS (Italy) and DAN-FENDER (Denmark).
Segmentation Overview
AMA Research has segmented the market of Global mooring buoys market by Type (Plastics and Foam), Application (Commercial Ports, Aquaculture and Other) and Region.
On the basis of geography, the market of mooring buoys 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).
Influencing Trend:
Upsurge demand due to multiple systems in mooring buoys.
Market Growth Drivers:
Increase in Demand of Mooring Buoys for Imports and Exports Applications. and Increase in Demand of Mooring Buoys in Petrochemical Plants, Power Plants and Transshipment.
Challenges:
Leakage at The Seabed is Difficult to Control.
Restraints:
Mooring Buoys Loading System is Sensitivity to Environmental Conditions. and The Mooring Buoys Transition is Inconvenient.
Opportunities:
Technology Advancement in Mooring Buoys such as catenary Anchor Leg Mooring and Single Anchor Leg Mooring. and Less Expensive in the Long Run Applications.
Market Leaders and their expansionary development strategies
In June 2023, NEOM has today announced that global leader in superyacht concierge and maritime agency services, BWA Yachting, will establish an office at its luxury island development Sindalah.
In November 2020, Sealite is pleased to announce the new ATLANTIC-3000, the first buoy in its class to offer a 3m diameter float section without the need for a central mooring post, making it lighter, easier to transport, and safer to assemble and deploy than steel or hybrid designs.
Key Target Audience
Mooring Buoys Manufacturers, Mooring Buoys Traders, End-Use Market Participants of Different Segments of Mooring Buoys, Government and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms, R&D Institutions and Others
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.