Market Overview:
The global distributed buoyancy module market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for distributed buoyancy modules in riser systems, flowlines, wind farm cables, and other applications. North America is expected to lead the global market in terms of revenue during the forecast period.
Product Definition:
A distributed buoyancy module is a device used in naval architecture that helps distribute the buoyant force of a vessel evenly. This is important because it helps keep the ship stable and reduces the amount of stress on individual parts of the ship.
Subsea:
Subsea is the lowest layer of water covering the seabed. It's depth varies from place to another. In some areas, it can go up to 12,000 feet deep; in other places it may only be a few hundred feet deep. The average depth of subsea is about 4,600 feet and its maximum depth is about 11,500 feet (Source: OSPAR Commission).
Subsurface:
Subsurface is the part of water that is below the surface of the ocean or a lake. It can be used in various applications such as hydropower generation, wave energy harvesting and others. In hydropower generation process, subsea turbines are used to generate electricity which can be further transmitted to land via an undersea cable for use in power plants.
Application Insights:
Riser systems were the largest application segment in 2016, accounting for over 60% of the global market. The rising demand for oil and gas from offshore fields is expected to drive product demand in riser systems over the forecast period. Latin America is one of the prominent regions where subsea-based DBMMs are used owing to extensive offshore exploration activities in Brazil, Colombia and Mexico.
The wind farm cables application segment was valued at USD 536 million in 2016 owing to an increase in onshore and offshore wind energy generation across Europe and China. Growing government support towards renewable energy generation coupled with technological advancements such as increased power generation capacity per unit area from large scale turbines is expected to boost product demand over the forecast period.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period, with a CAGR of XX% from 2018 to 2030 owing to increasing offshore projects and growing wind farm construction activities across U.S., Canada, and Mexico.
Asia Pacific regional market for DBM is anticipated to witness significant growth over the forecast period owing to rising government initiatives for marine renewable energy along with increasing oil & gas exploration activities off China’s coastlines are some factors that are likely contribute toward regional demand for distributed buoyancy modules in near future. Europe also accounted for a considerable share of global revenue generation in 2017 due primarily onshore developments such as new pipeline networks and wind farms across Europe which have resulted into increased utilization rates of distribued Buoyancy Module (DBM).
Growth Factors:
- Increasing demand for clean and renewable energy sources is driving the growth of the Distributed Buoyancy Module market.
- The increasing popularity of floating solar farms is also propelling the growth of this market.
- Growing concerns about climate change are prompting governments and private entities to invest in Distributed Buoyancy Modules for power generation purposes, which is further fuelling the growth of this market.
- Rapid advancements in technology are making Distributed Buoyancy Modules more efficient and affordable, thereby boosting their adoption across various industries worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Distributed Buoyancy Module Market Research Report
By Type
Subsea, Subsurface
By Application
Riser Systems, Flowlines, Wind Farm Cables, Others
By Companies
Trelleborg, Balmoral Offshore Engineering, Matrix Composites and Engineering, Advanced Insulation, Fendercare Marine, DeepWater Buoyancy, Forum Energy Technologies, Floatex, ALSEAMER
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
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Distributed Buoyancy Module Market Report Segments:
The global Distributed Buoyancy Module market is segmented on the basis of:
Types
Subsea, Subsurface
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
Riser Systems, Flowlines, Wind Farm Cables, 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:
- Trelleborg
- Balmoral Offshore Engineering
- Matrix Composites and Engineering
- Advanced Insulation
- Fendercare Marine
- DeepWater Buoyancy
- Forum Energy Technologies
- Floatex
- ALSEAMER
Highlights of The Distributed Buoyancy Module 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:
- Subsea
- Subsurface
- By Application:
- Riser Systems
- Flowlines
- Wind Farm Cables
- 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 Distributed Buoyancy Module 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A Distributed Buoyancy Module (DBM) is a type of spacecraft that uses distributed buoyancy to maintain its altitude and orientation. DBMs are designed to be lightweight and efficient, allowing them to operate in low-Earth orbit or beyond.
Some of the major companies in the distributed buoyancy module market are Trelleborg, Balmoral Offshore Engineering, Matrix Composites and Engineering, Advanced Insulation, Fendercare Marine, DeepWater Buoyancy, Forum Energy Technologies, Floatex, ALSEAMER.
The distributed buoyancy module market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Distributed Buoyancy Module 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 Distributed Buoyancy Module Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Distributed Buoyancy Module 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 Distributed Buoyancy Module 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 Distributed Buoyancy Module Market Size & Forecast, 2018-2028
4.5.1 Distributed Buoyancy Module Market Size and Y-o-Y Growth
4.5.2 Distributed Buoyancy Module Market Absolute $ Opportunity
Chapter 5 Global Distributed Buoyancy Module 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 Distributed Buoyancy Module Market Size Forecast by Type
5.2.1 Subsea
5.2.2 Subsurface
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Distributed Buoyancy Module 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 Distributed Buoyancy Module Market Size Forecast by Applications
6.2.1 Riser Systems
6.2.2 Flowlines
6.2.3 Wind Farm Cables
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Distributed Buoyancy Module 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 Distributed Buoyancy Module 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 Distributed Buoyancy Module Analysis and Forecast
9.1 Introduction
9.2 North America Distributed Buoyancy Module 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 Distributed Buoyancy Module Market Size Forecast by Type
9.6.1 Subsea
9.6.2 Subsurface
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 Distributed Buoyancy Module Market Size Forecast by Applications
9.10.1 Riser Systems
9.10.2 Flowlines
9.10.3 Wind Farm Cables
9.10.4 Others
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 Distributed Buoyancy Module Analysis and Forecast
10.1 Introduction
10.2 Europe Distributed Buoyancy Module 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 Distributed Buoyancy Module Market Size Forecast by Type
10.6.1 Subsea
10.6.2 Subsurface
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 Distributed Buoyancy Module Market Size Forecast by Applications
10.10.1 Riser Systems
10.10.2 Flowlines
10.10.3 Wind Farm Cables
10.10.4 Others
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 Distributed Buoyancy Module Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Distributed Buoyancy Module 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 Distributed Buoyancy Module Market Size Forecast by Type
11.6.1 Subsea
11.6.2 Subsurface
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 Distributed Buoyancy Module Market Size Forecast by Applications
11.10.1 Riser Systems
11.10.2 Flowlines
11.10.3 Wind Farm Cables
11.10.4 Others
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 Distributed Buoyancy Module Analysis and Forecast
12.1 Introduction
12.2 Latin America Distributed Buoyancy Module 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 Distributed Buoyancy Module Market Size Forecast by Type
12.6.1 Subsea
12.6.2 Subsurface
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 Distributed Buoyancy Module Market Size Forecast by Applications
12.10.1 Riser Systems
12.10.2 Flowlines
12.10.3 Wind Farm Cables
12.10.4 Others
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) Distributed Buoyancy Module Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Distributed Buoyancy Module 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) Distributed Buoyancy Module Market Size Forecast by Type
13.6.1 Subsea
13.6.2 Subsurface
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) Distributed Buoyancy Module Market Size Forecast by Applications
13.10.1 Riser Systems
13.10.2 Flowlines
13.10.3 Wind Farm Cables
13.10.4 Others
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 Distributed Buoyancy Module Market: Competitive Dashboard
14.2 Global Distributed Buoyancy Module Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Trelleborg
14.3.2 Balmoral Offshore Engineering
14.3.3 Matrix Composites and Engineering
14.3.4 Advanced Insulation
14.3.5 Fendercare Marine
14.3.6 DeepWater Buoyancy
14.3.7 Forum Energy Technologies
14.3.8 Floatex
14.3.9 ALSEAMER
