Global Marine Signaling Devices Market Size study & Forecast, by Product (Audible, Visuals) By Application (Boats, Cargo Ships, Passenger Ships, Others) and Regional Analysis, 2022-2029

PUBLISHED: May 5, 2023

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Global Marine Signaling Devices Market is valued at approximately USD xxx billion in 2021 and is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2022-2029. Marine Signaling Devices are devices that are used on boats and ships to communicate various types of messages to other boats and ships, as well as to shore stations. The Marine Signaling Devices market is expanding because of factors such as increasing in participation of water-based sports and growing seaborne trade within the marine industry.

Signaling devices are essential for the safe and efficient operation of vessels at sea. Its importance has progressively increased during the last few years. According to the Statista, in 2021, the share of people (aged six years and above) doing water sports amounted to approximately 14 per cent. Furthermore, the survey was conducted and obtained a data from 177,273 respondents till November 2021. Swimming is categorized as the most popular sport among 5- to 10-year-olds in England. Another important component driving space increase is seaborne trade. As per Statista, in 2020, Asia accounted for most of the global maritime trade. Ports in Asia accounts approx. 42% and unloading of about 67% of all goods transported by sea globally. Some of the biggest ports in the world are located in China. In addition, in 2020, around 1.85 billion tons of containerized cargo and some 3.2 billion tons of bulk cargo were loaded in ports worldwide. Also, advancements in the formulation and increasing adoption of LED signaling devices would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Marine Signaling Devices stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Marine Signaling Devices Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the growing presence of the large number of marine fleets. According to Statista, in 2021, Japan has the highest amount of foreign flag vessels in the Asia-Pacific region, approx. 3.1 thousand. In addition, China had the biggest fleet of national flag vessels in the APAC region. Middle East is expected to grow with the highest CAGR during the forecast period, owing to factors such as water-based sports activities and tourism in the market space.

Major market player included in this report are:

Forespar Products Corporation
Ocean Signal Limited
Osculati S.r.l.
Perko Inc
Kama Industries Limited
Mrinco Inc
Schmitt & Ongaro,
Spinlock Limited
Nrd Solutions Private Limited
Hella Marine

Recent Developments in the Market:

In September 2022, Schmitt & Ongaro Marine Products has renamed and rebranded to Schmitt Marine, with product line brands Schmitt Steering Wheels and Ongaro Marine housed within the top-tier umbrella.

Global Marine Signaling Devices Market Report Scope:

Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Product

Audible
Visuals

By Application:

Boats
Cargo Ships
Passenger Ships
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Marine Signaling Devices Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Marine Signaling Devices Market, by Product, 2019-2029 (USD Billion)
- 1.2.3. Marine Signaling Devices Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Marine Signaling Devices Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Marine Signaling Devices Market Dynamics

3.1. Marine Signaling Devices Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing in participation of water-based sports
  - 3.1.1.2. Growing seaborne trade
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Marine Signaling Devices
- 3.1.3. Market Opportunities
  - 3.1.3.1. Advancements in Formulation
  - 3.1.3.2. Increasing adoption of LED signaling devices

Chapter 4. Global Marine Signaling Devices Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Marine Signaling Devices Market, by Product

6.1. Market Snapshot
6.2. Global Marine Signaling Devices Market by Product, Performance - Potential Analysis
6.3. Global Marine Signaling Devices Market Estimates & Forecasts by Product 2019-2029 (USD Billion)
6.4. Marine Signaling Devices Market, Sub Segment Analysis
- 6.4.1. Audible
- 6.4.2. Visuals

Chapter 7. Global Marine Signaling Devices Market, by Application

7.1. Market Snapshot
7.2. Global Marine Signaling Devices Market by Application, Performance - Potential Analysis
7.3. Global Marine Signaling Devices Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Marine Signaling Devices Market, Sub Segment Analysis
- 7.4.1. Boats
- 7.4.2. Cargo Ships
- 7.4.3. Passenger Ships
- 7.4.4. Others

Chapter 8. Global Marine Signaling Devices Market, Regional Analysis

8.1. Marine Signaling Devices Market, Regional Market Snapshot
8.2. North America Marine Signaling Devices Market
- 8.2.1. U.S. Marine Signaling Devices Market
  - 8.2.1.1. Product breakdown estimates & forecasts, 2019-2029
  - 8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Marine Signaling Devices Market
8.3. Europe Marine Signaling Devices Market Snapshot
- 8.3.1. U.K. Marine Signaling Devices Market
- 8.3.2. Germany Marine Signaling Devices Market
- 8.3.3. France Marine Signaling Devices Market
- 8.3.4. Spain Marine Signaling Devices Market
- 8.3.5. Italy Marine Signaling Devices Market
- 8.3.6. Rest of Europe Marine Signaling Devices Market
8.4. Asia-Pacific Marine Signaling Devices Market Snapshot
- 8.4.1. China Marine Signaling Devices Market
- 8.4.2. India Marine Signaling Devices Market
- 8.4.3. Japan Marine Signaling Devices Market
- 8.4.4. Australia Marine Signaling Devices Market
- 8.4.5. South Korea Marine Signaling Devices Market
- 8.4.6. Rest of Asia Pacific Marine Signaling Devices Market
8.5. Latin America Marine Signaling Devices Market Snapshot
- 8.5.1. Brazil Marine Signaling Devices Market
- 8.5.2. Mexico Marine Signaling Devices Market
- 8.5.3. Rest of Latin America Marine Signaling Devices Market
8.6. Rest of The World Marine Signaling Devices Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. Forespar Products Corporation
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. Ocean Signal Limited
- 9.2.3. Osculati S.r.l.
- 9.2.4. Perko Inc
- 9.2.5. Kama Industries Limited
- 9.2.6. Mrinco Inc
- 9.2.7. Schmitt & Ongaro,
- 9.2.8. Spinlock Limited
- 9.2.9. Nrd Solutions Private Limited
- 9.2.10. Hella marine

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Marine Signaling Devices Market, report scope
TABLE 2. Global Marine Signaling Devices Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Marine Signaling Devices Market estimates & forecasts by Product 2019-2029 (USD Billion)
TABLE 4. Global Marine Signaling Devices Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 5. Global Marine Signaling Devices Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Marine Signaling Devices Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Marine Signaling Devices Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Marine Signaling Devices Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Marine Signaling Devices Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Marine Signaling Devices Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Marine Signaling Devices Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Marine Signaling Devices Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Marine Signaling Devices Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Marine Signaling Devices Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Marine Signaling Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Marine Signaling Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Marine Signaling Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Marine Signaling Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Marine Signaling Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Marine Signaling Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Marine Signaling Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Marine Signaling Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Marine Signaling Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Marine Signaling Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Marine Signaling Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Marine Signaling Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Marine Signaling Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Marine Signaling Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Marine Signaling Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Marine Signaling Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Marine Signaling Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Marine Signaling Devices Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Marine Signaling Devices Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Marine Signaling Devices Market
TABLE 70. List of primary sources, used in the study of global Marine Signaling Devices Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Marine Signaling Devices Market, research methodology
FIG 2. Global Marine Signaling Devices Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Marine Signaling Devices Market, key trends 2021
FIG 5. Global Marine Signaling Devices Market, growth prospects 2022-2029
FIG 6. Global Marine Signaling Devices Market, porters 5 force model
FIG 7. Global Marine Signaling Devices Market, pest analysis
FIG 8. Global Marine Signaling Devices Market, value chain analysis
FIG 9. Global Marine Signaling Devices Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Marine Signaling Devices Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Marine Signaling Devices Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Marine Signaling Devices Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Marine Signaling Devices Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Marine Signaling Devices Market, regional snapshot 2019 & 2029
FIG 15. North America Marine Signaling Devices Market 2019 & 2029 (USD Billion)
FIG 16. Europe Marine Signaling Devices Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Marine Signaling Devices Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Marine Signaling Devices Market 2019 & 2029 (USD Billion)
FIG 19. Global Marine Signaling Devices Market, company Market share analysis (2021)