Market Overview:
The Global GPS Ocean Monitoring System Market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for ocean monitoring systems for various applications such as off-shore, on-shore and others. Additionally, the rising awareness about ocean health and its impact on coastal communities is also propelling the demand for GPS ocean monitoring systems. The market is segmented by type into Gps Ocean Wave Meter and Tsunami Meter, Multi-functional Observation Buoys, Observation Monitoring Systems, and Other. The Gps Ocean Wave Meter and Tsunami Meter segment accounted for the largest share of the global GPS ocean monitoring system market in 2017 owing to their wide usage in various applications such as coastal protection, weather forecasting etc. The market is further segmented by application into off-shore, on-shore and others. Off-shore application dominated the global GPS ocean monitoring system market in 2017 due to increased investment in oil & gas exploration activities across different regions worldwide.
Product Definition:
GPS ocean monitoring system is a satellite-based system that monitors the movement of water masses in the ocean. It is used to track changes in water temperature, salinity, and currents. The information collected by GPS ocean monitoring system helps scientists understand how the ocean works and how it affects climate change.
Gps Ocean Wave Meter and Tsunami Meter:
Global Positioning System (GPS) is a satellite-based navigation system that aids in determining the location of any device on earth. GPS Ocean Wave Meter and Tsunami Meter helps to determine the height of water surface above or below the surface level, respectively. The product also provides information about wave conditions along with its strength and direction.
Multi-functional Observation Buoys:
Multi-functional Observation Buoys (MOB) are floating devices that consist of an array of instruments used for monitoring multiple parameters such as water temperature, salinity, current strength and direction, wave height and type along with air temperature and humidity. MOBs help in providing real-time data on sea surface topography which is highly useful for oceanographers to understand the physical characteristics of the deep ocean.
Application Insights:
The onshore segment dominated the global GPS ocean monitoring system market in terms of revenue share in 2017. The high penetration of the oil and gas industry coupled with rising concerns regarding downtime and personnel safety is expected to drive product demand for onshore applications over the forecast period.
The offshore segment is anticipated to witness a significant growth rate owing to increasing investments by various governments across regions in marine protected areas (MPAs) as a means to conserve marine life and reduce human impacts on it. Moreover, growing awareness among people about climate change due to increasing greenhouse gas emissions is likely to propel government initiatives for conservation purposes, which will further boost product demand over the forecast period.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2016. The growth can be attributed to the increasing research and development activities undertaken by various organizations, such as National Oceanic and Atmospheric Administration (NOAA) for developing advanced marine observing systems. Moreover, government initiatives encouraging private investments are expected to boost regional demand over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising awareness regarding environmental protection coupled with growing need for disaster management systems in countries like India and China. Tsunami Meter Application segment is projected to register a high CAGR during the forecast period due to several earthquakes that have taken place along Indian Ocean coastline recently which has led authorities there into action planning mode for better preparedness against natural disasters or tsunamis that may occur at any point of time from future geological history of Earth till now (approximately 1 million years).
Growth Factors:
- Increasing demand for seafood due to population growth and changing dietary preferences
- Rising awareness about the benefits of seafood consumption
- Government initiatives to promote sustainable fishing practices
- Growing popularity of aquaculture as a means of sustainable seafood production
- Technological advancements in GPS ocean monitoring systems
Scope Of The Report
Report Attributes
Report Details
Report Title
GPS Ocean Monitoring System Market Research Report
By Type
Gps Ocean Wave Meter and Tsunami Meter, Multi-functional Observation Buoys, Observation Monitoring Systems, Other
By Application
Off-shore, On-shore
By Companies
Hitachi Zosen, Sea & Stream, Seatools, Global Ocean Security Technologies, Valeport, Aanderaa, Osil, SonTek, Sonardyne, Tideland Signal
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global GPS Ocean Monitoring System Market Report Segments:
The global GPS Ocean Monitoring System market is segmented on the basis of:
Types
Gps Ocean Wave Meter and Tsunami Meter, Multi-functional Observation Buoys, Observation Monitoring Systems, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Off-shore, On-shore
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hitachi Zosen
- Sea & Stream
- Seatools
- Global Ocean Security Technologies
- Valeport
- Aanderaa
- Osil
- SonTek
- Sonardyne
- Tideland Signal
Highlights of The GPS Ocean Monitoring System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Gps Ocean Wave Meter and Tsunami Meter
- Multi-functional Observation Buoys
- Observation Monitoring Systems
- Other
- By Application:
- Off-shore
- On-shore
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the GPS Ocean Monitoring System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The GPS Ocean Monitoring System (GOMS) is a global network of satellites that provide real-time measurements of ocean conditions, including sea surface temperature, salinity, currents and waves. The system also provides information on marine debris and oil spills.
Some of the major companies in the gps ocean monitoring system market are Hitachi Zosen, Sea & Stream, Seatools, Global Ocean Security Technologies, Valeport, Aanderaa, Osil, SonTek, Sonardyne, Tideland Signal.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 GPS Ocean Monitoring System Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 GPS Ocean Monitoring System Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 GPS Ocean Monitoring System Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the GPS Ocean Monitoring System Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global GPS Ocean Monitoring System Market Size & Forecast, 2020-2028 4.5.1 GPS Ocean Monitoring System Market Size and Y-o-Y Growth 4.5.2 GPS Ocean Monitoring System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Gps Ocean Wave Meter and Tsunami Meter
5.2.2 Multi-functional Observation Buoys
5.2.3 Observation Monitoring Systems
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Off-shore
6.2.2 On-shore
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global GPS Ocean Monitoring System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 GPS Ocean Monitoring System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Gps Ocean Wave Meter and Tsunami Meter
9.6.2 Multi-functional Observation Buoys
9.6.3 Observation Monitoring Systems
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Off-shore
9.10.2 On-shore
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Gps Ocean Wave Meter and Tsunami Meter
10.6.2 Multi-functional Observation Buoys
10.6.3 Observation Monitoring Systems
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Off-shore
10.10.2 On-shore
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Gps Ocean Wave Meter and Tsunami Meter
11.6.2 Multi-functional Observation Buoys
11.6.3 Observation Monitoring Systems
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Off-shore
11.10.2 On-shore
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Gps Ocean Wave Meter and Tsunami Meter
12.6.2 Multi-functional Observation Buoys
12.6.3 Observation Monitoring Systems
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Off-shore
12.10.2 On-shore
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Gps Ocean Wave Meter and Tsunami Meter
13.6.2 Multi-functional Observation Buoys
13.6.3 Observation Monitoring Systems
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Off-shore
13.10.2 On-shore
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 GPS Ocean Monitoring System Market: Competitive Dashboard
14.2 Global GPS Ocean Monitoring System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hitachi Zosen
14.3.2 Sea & Stream
14.3.3 Seatools
14.3.4 Global Ocean Security Technologies
14.3.5 Valeport
14.3.6 Aanderaa
14.3.7 Osil
14.3.8 SonTek
14.3.9 Sonardyne
14.3.10 Tideland Signal