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Global Ballast Water Management Market 2019-2023 - Product Image

Global Ballast Water Management Market 2019-2023

  • ID: 4804060
  • Report
  • July 2019
  • Region: Global
  • 128 pages
  • TechNavio
1h Free Analyst Time

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FEATURED COMPANIES

  • Alfa Laval AB
  • Panasia Co. Ltd.
  • Wärtsilä Corp.
  • MORE
Global Ballast Water Management Market: 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. The ballast water management market analysis considers sales from physical disinfection, chemical method, and mechanical method. This 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.

Global Ballast Water Management Market: 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, click here.

Competitive Landscape

With the presence of several major players, the global ballast water management market is highly fragmented. This 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 Wärtsilä 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.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Alfa Laval AB
  • Panasia Co. Ltd.
  • Wärtsilä Corp.
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • 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.
  • Wärtsilä Corp.
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
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: Wärtsilä Corp. - Vendor overview
Exhibit 62: Wärtsilä Corp. - Business segments
Exhibit 63: Wärtsilä Corp. - Organizational developments
Exhibit 64: Wärtsilä Corp. - Geographic focus
Exhibit 65: Wärtsilä Corp. - Segment focus
Exhibit 66: Wärtsilä Corp. - Key offerings
Exhibit 67: Validation techniques employed for market sizing
Exhibit 68: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Alfa Laval AB
  • Panasia Co. Ltd.
  • Wärtsilä Corp.
  • MORE
The following companies are recognised as the key players in the global ballast water management market: Alfa Laval AB, Headway Technology Group (Qingdao) Co. Ltd., Panasia Co. Ltd., Samsung Heavy Industries Co. Ltd., and Wärtsilä Corp.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the development of containerized ballast water management system”

According to the report, one of the major drivers for this market is the adverse impact of untreated ballast water on the marine environment.

Further, the report states that one of the major factors hindering the growth of this market is the high cost of ballast water management.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Alfa Laval AB
  • Headway Technology Group (Qingdao) Co. Ltd.
  • Panasia Co. Ltd.
  • Samsung Heavy Industries Co. Ltd.
  • Wärtsilä Corp.
Note: Product cover images may vary from those shown
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