Global mooring buoys Market Overview:
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.
Market Drivers
- Increase in Demand of Mooring Buoys for Imports and Exports Applications.
- Increase in Demand of Mooring Buoys in Petrochemical Plants, Power Plants and Transshipment.
Market Trend
- Upsurge demand due to multiple systems in mooring buoys.
Restraints
- Mooring Buoys Loading System is Sensitivity to Environmental Conditions.
- The Mooring Buoys Transition is Inconvenient.
Opportunities
- Technology Advancement in Mooring Buoys such as catenary Anchor Leg Mooring and Single Anchor Leg Mooring.
- Less Expensive in the Long Run Applications.
Challenges
- Leakage at The Seabed is Difficult to Control.
Competitive Landscape:
Some of the key players profiled in the report are 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). Additionally, following companies can also be profiled that are part of our coverage like 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). Analyst at AdvanceMarketAnalytics see United States and United Kingdom Manufacturers to retain maximum share of Global mooring buoys market by 2024.
Market Highlights:
Almarin joint ventures with Ahlers Lindley to launch balizamar buoy range. This acquisition is beneficial in providing medium sized buoys that are robust in design and customized design.
Evergreen maritime launched a modular mooring buoy which is beneficial in providing a solution for the offshore surface to subsea 7000m. It’s also offers cylindrical profile modular buoys and square profile modular buoys.
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global mooring buoys market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in mooring buoys market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes 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.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.