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Market Research Report

Global Ballast Water Management Market 2019-2023

Published by TechNavio (Infiniti Research Ltd.) Product code 531750
Published Content info 128 Pages
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Global Ballast Water Management Market 2019-2023
Published: July 16, 2019 Content info: 128 Pages
Description

About this market

Ballast water is carried in the ballast tanks of ships to improve stability trim and balance. Ballast water management involves the control of harmful invasive species contained in the ship's ballast water. Technavio's ballast water management market analysis considers sales from physical disinfection, chemical method, and mechanical method. Our analysis also considers the sales of ballast water management in the Americas, APAC, and EMEA. In 2018, the physical disinfection segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as significant technological advances and approvals from the international maritime organization (IMO) will play a significant role in the physical disinfection segment to maintain its market position. Also, our global ballast water management market report also looks at factors such as the adverse impact of untreated ballast water on the marine environment, growing marine logistics business, and stringent government regulations. However, the high cost of ballast water management, space constraints, and toxic by-products of ballast water management may hamper the growth of the ballast water management industry over the forecast period.

Overview

The adverse impact of untreated ballast water on the marine environment

The ballast water might contain organisms that are not native to the environment in which they are released. Hence, such non-native species begin to out-compete the local species, which is supposed invasive. Invasive species can be extremely dangerous, particularly in the water systems that can easily spread to other water sources, thus adversely affecting the entire marine ecosystem, as well as human resources and economy. Hence, such adverse impact of ballast water on the marine environment as well as the ballast tank coatings creates the need for efficient management of ballast water, thereby boosting the growth of the market at a CAGR of almost 5% during the forecast period.

The high cost of ballast water management

The mandatory transition from ballast exchange to ballast treatment, the capital expenditure involved will be much higher due to the necessary installation of treatment systems. The high cost involved includes delay in shipping, higher ship capital and running costs, exchange costs, treatment costs, and enforcement cost. Also, ballast water management requires high power for the operation which adds to the costs. These high costs involved are expected to have a negative impact on the overall market growth.

For the detailed list of factors that will drive the global ballast water management market during the forecast period 2019-2023, view our report.

Competitive Landscape

With the presence of several major players, the global ballast water management market is highly fragmented. Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ballast water management companies, that include Alfa Laval AB, Headway Technology Group (Qingdao) Co. Ltd., Panasia Co. Ltd., Samsung Heavy Industries Co. Ltd., and Wartsila Corp.

Also, the ballast water management market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Table of Contents
Product Code: IRTNTR31712

TABLE OF CONTENTS

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TECHNOLOGY

  • Market segmentation by technology
  • Comparison by technology
  • Physical disinfection - Market size and forecast 2018-2023
  • Chemical method - Market size and forecast 2018-2023
  • Mechanical method - Market size and forecast 2018-2023
  • Market opportunity by technology

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • EMEA - Market size and forecast 2018-2023
  • Americas - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Advent of ballast-free vessels
  • Technological advances
  • Development of containerized ballast water management system

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Alfa Laval AB
  • Headway Technology Group (Qingdao) Co. Ltd.
  • Panasia Co. Ltd.
  • Samsung Heavy Industries Co. Ltd.
  • Wartsila Corp.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

List of Exhibits

  • Exhibit 01: Global environmental technologies market
  • Exhibit 02: Segments of global environmental technologies market
  • Exhibit 03: Market characteristics
  • Exhibit 04: Market segments
  • Exhibit 05: Product overview
  • Exhibit 06: Market definition - Inclusions and exclusions checklist
  • Exhibit 07: Market size 2018
  • Exhibit 08: Global market: Size and forecast 2018-2023 ($ billions)
  • Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
  • Exhibit 10: Ballast water management contracts (2018-2023)
  • Exhibit 11: Five forces analysis 2018
  • Exhibit 12: Five forces analysis 2023
  • Exhibit 13: Bargaining power of buyers
  • Exhibit 14: Bargaining power of suppliers
  • Exhibit 15: Threat of new entrants
  • Exhibit 16: Threat of substitutes
  • Exhibit 17: Threat of rivalry
  • Exhibit 18: Market condition - Five forces 2018
  • Exhibit 19: Technology - Market share 2018-2023 (%)
  • Exhibit 20: Comparison by technology
  • Exhibit 21: Physical disinfection - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 22: Physical disinfection - Year-over-year growth 2019-2023 (%)
  • Exhibit 23: Chemical method - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 24: Chemical method - Year-over-year growth 2019-2023 (%)
  • Exhibit 25: Mechanical method - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 26: Mechanical method - Year-over-year growth 2019-2023 (%)
  • Exhibit 27: Market opportunity by technology
  • Exhibit 28: Customer landscape
  • Exhibit 29: Market share by geography 2018-2023 (%)
  • Exhibit 30: Geographic comparison
  • Exhibit 31: APAC - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 32: APAC - Year-over-year growth 2019-2023 (%)
  • Exhibit 33: EMEA - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 34: EMEA - Year-over-year growth 2019-2023 (%)
  • Exhibit 35: Americas - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 36: Americas - Year-over-year growth 2019-2023 (%)
  • Exhibit 37: Key leading countries
  • Exhibit 38: Market opportunity
  • Exhibit 39: Impact of drivers and challenges
  • Exhibit 40: Vendor landscape
  • Exhibit 41: Landscape disruption
  • Exhibit 42: Vendors covered
  • Exhibit 43: Vendor classification
  • Exhibit 44: Market positioning of vendors
  • Exhibit 45: Alfa Laval AB - Vendor overview
  • Exhibit 46: Alfa Laval AB - Business segments
  • Exhibit 47: Alfa Laval AB - Organizational developments
  • Exhibit 48: Alfa Laval AB - Geographic focus
  • Exhibit 49: Alfa Laval AB - Segment focus
  • Exhibit 50: Alfa Laval AB - Key offerings
  • Exhibit 51: Headway Technology Group (Qingdao) Co. Ltd. - Vendor overview
  • Exhibit 52: Headway Technology Group (Qingdao) Co. Ltd. - Organizational developments
  • Exhibit 53: Headway Technology Group (Qingdao) Co. Ltd. - Key offerings
  • Exhibit 54: Panasia Co. Ltd. - Vendor overview
  • Exhibit 55: Panasia Co. Ltd. - Key offerings
  • Exhibit 56: Samsung Heavy Industries Co. Ltd. - Vendor overview
  • Exhibit 57: Samsung Heavy Industries Co. Ltd. - Business segments
  • Exhibit 58: Samsung Heavy Industries Co. Ltd. - Geographic focus
  • Exhibit 59: Samsung Heavy Industries Co. Ltd. - Segment focus
  • Exhibit 60: Samsung Heavy Industries Co. Ltd. - Key offerings
  • Exhibit 61: Wartsila Corp. - Vendor overview
  • Exhibit 62: Wartsila Corp. - Business segments
  • Exhibit 63: Wartsila Corp. - Organizational developments
  • Exhibit 64: Wartsila Corp. - Geographic focus
  • Exhibit 65: Wartsila Corp. - Segment focus
  • Exhibit 66: Wartsila Corp. - Key offerings
  • Exhibit 67: Validation techniques employed for market sizing
  • Exhibit 68: Definition of market positioning of vendors
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