Market Overview:
The global data buoy market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for data buoy systems from oil & gas and defense sectors, and rising investments in research and development activities for data buoy technology. Based on type, the global data buoy market is segmented into solar powered type and battery powered type. The solar powered type segment is expected to account for a larger share of the global market than the battery powered type segment during the forecast period. This can be attributed to factors such as lower installation costs associated with solar-powered systems as compared to battery-powered systems, and increasing demand for renewable energy sources across different applications. Based on application, the global data buoy market is divided into oil & gas sector, defense sector, research sector, and others (including commercial fishing vessels). The oil & gas sector accounted for a major share of the global data buoy market in 2017 owing to increased spending by upstream players on exploration & production activities across different regions worldwide.
Product Definition:
A data buoy is a floating sensor platform that collects oceanographic and meteorological data such as water temperature, currents, salinity and winds. Data buoys are also used to measure wave height and direction.
Solar Powered Type:
Solar powered type is a data buoy that uses solar energy to float on water and transmit the collected data. It is an innovative product by OZONE Technology, which helps in monitoring water quality and aquatic life. The device has been designed for commercial applications such as recreational boating, fishing, nature conservation and other activities where personnel need real-time surface conditions during exploration or survey.
Battery Powered Type:
Battery powered type is used to measure the current and voltage of a battery. It consists of two metal plates, one positive and other negative, connected by a thin wire. The movement of the device to change the polarity generates an electric current in the wire which is then measured.
Application Insights:
The defense segment is anticipated to account for the largest revenue share of over 30% by 2030. The growing need for data collection and monitoring in the maritime, air and land transport sectors has led to an increased demand for global data buoys. Moreover, these devices are used in rescue operations as well as military intelligence activities which further propels their demand.
The oil & gas industry is one of the major consumers of global data buoys due to its requirement regarding real-time tracking and monitoring assets at different stages of exploration or production process. These devices help operators monitor reservoir performance with high accuracy while minimizing costs associated with traditional solutions such as pipelines or drilling equipment floating on water surfaces. Furthermore, they also aid operators in reducing risks during offshore oil & gas exploration activities by providing real-time information about underwater conditions along with a history record thereby driving their adoption across various industries globally.
Regional Analysis:
North America is anticipated to be the key regional market over the forecast period owing to increasing offshore oil and gas exploration activities in U.S. Furthermore, growing marine research operations by government organizations such as National Oceanic and Atmospheric Administration (NOAA) will drive the demand for data buoy in this region.
Asia Pacific is expected to witness significant growth over the forecast period owing to rising investments by various governments for undertaking marine surveys along with increasing number of ship traffic in coastal areas of China, Japan, South Korea and India are some factors driving this industry growth. Moreover, rising awareness among people regarding environmental protection will propel product demand further.
Growth Factors:
- Increasing demand for data buoy from the oil and gas industry for offshore exploration and production activities.
- Rising demand for data buoy from the defense sector to monitor maritime traffic, illegal fishing, and other coastal security threats.
- Growing popularity of data buoy among research institutes and universities for oceanographic research studies.
- Proliferation of smart cities projects that are expected to increase the adoption of data buoys for monitoring water quality, weather conditions, etcetera .
Scope Of The Report
Report Attributes
Report Details
Report Title
Data Buoy Market Research Report
By Type
Solar Powered Type, Battery Powered Type
By Application
Oil & Gas, Defense, Research, Others
By Companies
Fugro Oceanor, NexSens Technology, Inc, Aanderaa, Develogic GmbH, MetOcean Telematics, Fendercare Marine, Mobilis SAS, AXYS Technologies Inc., JFC Manufacturing Co Ltd, IMBROS, OBSERVATOR, Ocean Scientific International Ltd. (OSIL), Buoyage Systems Australia Pty Ltd
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Data Buoy Market Report Segments:
The global Data Buoy market is segmented on the basis of:
Types
Solar Powered Type, Battery Powered Type
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
Oil & Gas, Defense, Research, Others
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:
- Fugro Oceanor
- NexSens Technology, Inc
- Aanderaa
- Develogic GmbH
- MetOcean Telematics
- Fendercare Marine
- Mobilis SAS
- AXYS Technologies Inc.
- JFC Manufacturing Co Ltd
- IMBROS
- OBSERVATOR
- Ocean Scientific International Ltd. (OSIL)
- Buoyage Systems Australia Pty Ltd
Highlights of The Data Buoy 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:
- Solar Powered Type
- Battery Powered Type
- By Application:
- Oil & Gas
- Defense
- Research
- Others
- 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 Data Buoy 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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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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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?
Data Buoy is a data-driven marketing platform that helps marketers collect and analyze customer data in real time. It offers a variety of tools to help marketers track customer behavior, identify trends, and make better decisions based on the data.
Some of the major companies in the data buoy market are Fugro Oceanor, NexSens Technology, Inc, Aanderaa, Develogic GmbH, MetOcean Telematics, Fendercare Marine, Mobilis SAS, AXYS Technologies Inc., JFC Manufacturing Co Ltd, IMBROS, OBSERVATOR, Ocean Scientific International Ltd. (OSIL), Buoyage Systems Australia Pty Ltd.
The data buoy market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Data Buoy Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Data Buoy Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Data Buoy Market - Supply Chain
4.5. Global Data Buoy Market Forecast
4.5.1. Data Buoy Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Data Buoy Market Size (000 Units) and Y-o-Y Growth
4.5.3. Data Buoy Market Absolute $ Opportunity
5. Global Data Buoy Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Data Buoy Market Size and Volume Forecast by Type
5.3.1. Solar Powered Type
5.3.2. Battery Powered Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Data Buoy Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Data Buoy Market Size and Volume Forecast by Application
6.3.1. Oil & Gas
6.3.2. Defense
6.3.3. Research
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Data Buoy Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Data Buoy Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Data Buoy Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Data Buoy Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Data Buoy Demand Share Forecast, 2019-2026
9. North America Data Buoy Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Data Buoy Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Data Buoy Market Size and Volume Forecast by Application
9.4.1. Oil & Gas
9.4.2. Defense
9.4.3. Research
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Data Buoy Market Size and Volume Forecast by Type
9.7.1. Solar Powered Type
9.7.2. Battery Powered Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Data Buoy Demand Share Forecast, 2019-2026
10. Latin America Data Buoy Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Data Buoy Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Data Buoy Market Size and Volume Forecast by Application
10.4.1. Oil & Gas
10.4.2. Defense
10.4.3. Research
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Data Buoy Market Size and Volume Forecast by Type
10.7.1. Solar Powered Type
10.7.2. Battery Powered Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Data Buoy Demand Share Forecast, 2019-2026
11. Europe Data Buoy Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Data Buoy Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Data Buoy Market Size and Volume Forecast by Application
11.4.1. Oil & Gas
11.4.2. Defense
11.4.3. Research
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Data Buoy Market Size and Volume Forecast by Type
11.7.1. Solar Powered Type
11.7.2. Battery Powered Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Data Buoy Demand Share, 2019-2026
12. Asia Pacific Data Buoy Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Data Buoy Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Data Buoy Market Size and Volume Forecast by Application
12.4.1. Oil & Gas
12.4.2. Defense
12.4.3. Research
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Data Buoy Market Size and Volume Forecast by Type
12.7.1. Solar Powered Type
12.7.2. Battery Powered Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Data Buoy Demand Share, 2019-2026
13. Middle East & Africa Data Buoy Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Data Buoy Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Data Buoy Market Size and Volume Forecast by Application
13.4.1. Oil & Gas
13.4.2. Defense
13.4.3. Research
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Data Buoy Market Size and Volume Forecast by Type
13.7.1. Solar Powered Type
13.7.2. Battery Powered Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Data Buoy Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Data Buoy Market: Market Share Analysis
14.2. Data Buoy Distributors and Customers
14.3. Data Buoy Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fugro Oceanor
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. NexSens Technology, Inc
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Aanderaa
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Develogic GmbH
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MetOcean Telematics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Fendercare Marine
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mobilis SAS
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. AXYS Technologies Inc.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. JFC Manufacturing Co Ltd
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. IMBROS
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. OBSERVATOR
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Ocean Scientific International Ltd. (OSIL)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Buoyage Systems Australia Pty Ltd
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook