Market Overview:
The global marine asset management services market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for maritime security and safety, rising awareness about marine asset management, and growing adoption of cloud-based and web-based solutions. However, the high cost of deployment and maintenance is expected to restrain the growth of this market during the forecast period. On the basis of type, the global marine asset management services market can be segmented into cloud-based and web-based solutions. Cloud-based solutions are expected to witness higher growth during the forecast period as they offer several advantages such as scalability, flexibility, reduced TCO (total cost of ownership), and easy deployment & upgradation. On the basis of application, SMEs are expected to account for a larger share in terms of revenue in 2018 followed by large enterprises due to their growing need for maritime security & safety solutions across different regions worldwide.
Product Definition:
Marine Asset Management Services is the comprehensive and systematic process of organizing, integrating, measuring, managing and reporting on all aspects of an organization's marine assets. The goal of Marine Asset Management Services is to ensure that an organization's marine assets are used most efficiently and effectively to achieve its strategic objectives.
Cloud Based:
Cloud-based solutions are expected to gain traction in the marine asset management services market owing to factors such as reduced costs, increased convenience for users and enhanced safety. The technology is used across several industries including transportation, energy & utilities and marine. It helps organizations streamline their processes by moving data from a centralized location to various remote devices such as laptops, smartphones or tablets through the internet.
Web Based:
The global web-based and its usage in Marine Asset Management Services market is expected to witness significant growth over the forecast period. Web-based technology has been witnessing rapid adoption in marine asset management services owing to benefits such as flexibility, cost efficiency, ease of use and better control for mariners. The technology helps save time by streamlining business processes through a web interface that allows users easy access to information at any given time and from anywhere across the globe.
Application Insights:
The Small and Medium-sized Enterprises (SMEs) segment held the largest market share in 2017. The SMEs are majorly involved in offshore activities such as oil and gas exploration, marine construction, etc. Marine equipment is one of the vital assets for an offshore oil platform; therefore, companies opting for marine asset management services are likely to gain a competitive edge over their counterparts.
The large enterprises segment is expected to expand at the highest CAGR during the forecast period owing to factors such as global warming concerns coupled with rising need for efficient logistics operations that manage huge capital investments onshore and offshore.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period. The growth of this region is attributed to increasing awareness about AMS among enterprises and rapid technological advancements in cloud computing, big data analytics, IoT technologies. Furthermore, rising demand for mobile devices has led to increased usage of internet services and applications. This factor will also help boost growth in Asia Pacific region over the forecast period.
The North America market was valued at USD X million in 2017 owing to high adoption of marine asset management systems by UAV operators along with oil & gas exploration companies operating across UAV flight routes for monitoring purposes. Moreover, presence of a large number of manufacturers and service providers offering MAMS solutions will support regional growth over the next eight years as well.
Growth Factors:
- Increasing demand for marine asset management services from the shipping and offshore oil and gas industries due to the growth in global trade and exploration activities.
- The increasing focus on safety and security by vessel owners, operators, and charterers is driving the demand for marine asset management services.
- The growing popularity of outsourcing marine asset management services to specialized service providers to reduce costs and improve efficiency.
- The increasing use of digital technologies such as big data analytics, cloud computing, Internet of Things (IoT), etc., in maritime operations is boosting the demand for marine asset management services market 5 Increased awareness about environmental regulations governing maritime operations is encouraging vessel owners to adopt efficient Marine Asset Management Services practices that help minimize environmental impact
Scope Of The Report
Report Attributes
Report Details
Report Title
Marine Asset Management Services Market Research Report
By Type
Cloud Based, Web Based
By Application
SMEs, Large Enterprises
By Companies
Tokio Marine Investment Management, Babcock International Group PLC, Offshore Marine Asset Management (OMAM) Pte Ltd, Fugro, Oceanic Marine Management, Marine Asset Management Inc, Northern Marine Group, Seamac Marine, SKF, Norship
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Marine Asset Management Services Market Report Segments:
The global Marine Asset Management Services market is segmented on the basis of:
Types
Cloud Based, Web Based
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
SMEs, Large Enterprises
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:
- Tokio Marine Investment Management
- Babcock International Group PLC
- Offshore Marine Asset Management (OMAM) Pte Ltd
- Fugro
- Oceanic Marine Management
- Marine Asset Management Inc
- Northern Marine Group
- Seamac Marine
- SKF
- Norship
Highlights of The Marine Asset Management Services 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:
- Cloud Based
- Web Based
- By Application:
- SMEs
- Large Enterprises
- 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 Marine Asset Management Services 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
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- Understanding Competition Scenario
- Product & Brand Management
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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?
Marine Asset Management Services (MAMS) is a global provider of marine asset management services. The company provides a range of maritime services, including vessel management, port operations and cargo handling. MAMS also offers insurance and freight brokerage services to the maritime industry.
Some of the key players operating in the marine asset management services market are Tokio Marine Investment Management, Babcock International Group PLC, Offshore Marine Asset Management (OMAM) Pte Ltd, Fugro, Oceanic Marine Management, Marine Asset Management Inc, Northern Marine Group, Seamac Marine, SKF, Norship.
The marine asset management services market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Marine Asset Management Services 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 Marine Asset Management Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Marine Asset Management Services 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 Marine Asset Management Services 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 Marine Asset Management Services Market Size & Forecast, 2018-2028
4.5.1 Marine Asset Management Services Market Size and Y-o-Y Growth
4.5.2 Marine Asset Management Services Market Absolute $ Opportunity
Chapter 5 Global Marine Asset Management Services 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 Marine Asset Management Services Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 Web Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Marine Asset Management Services 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 Marine Asset Management Services Market Size Forecast by Applications
6.2.1 SMEs
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Marine Asset Management Services 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 Marine Asset Management Services 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 Marine Asset Management Services Analysis and Forecast
9.1 Introduction
9.2 North America Marine Asset Management Services 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 Marine Asset Management Services Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 Web Based
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 Marine Asset Management Services Market Size Forecast by Applications
9.10.1 SMEs
9.10.2 Large Enterprises
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 Marine Asset Management Services Analysis and Forecast
10.1 Introduction
10.2 Europe Marine Asset Management Services 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 Marine Asset Management Services Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 Web Based
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 Marine Asset Management Services Market Size Forecast by Applications
10.10.1 SMEs
10.10.2 Large Enterprises
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 Marine Asset Management Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Marine Asset Management Services 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 Marine Asset Management Services Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 Web Based
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 Marine Asset Management Services Market Size Forecast by Applications
11.10.1 SMEs
11.10.2 Large Enterprises
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 Marine Asset Management Services Analysis and Forecast
12.1 Introduction
12.2 Latin America Marine Asset Management Services 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 Marine Asset Management Services Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 Web Based
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 Marine Asset Management Services Market Size Forecast by Applications
12.10.1 SMEs
12.10.2 Large Enterprises
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) Marine Asset Management Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Marine Asset Management Services 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) Marine Asset Management Services Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 Web Based
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) Marine Asset Management Services Market Size Forecast by Applications
13.10.1 SMEs
13.10.2 Large Enterprises
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 Marine Asset Management Services Market: Competitive Dashboard
14.2 Global Marine Asset Management Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tokio Marine Investment Management
14.3.2 Babcock International Group PLC
14.3.3 Offshore Marine Asset Management (OMAM) Pte Ltd
14.3.4 Fugro
14.3.5 Oceanic Marine Management
14.3.6 Marine Asset Management Inc
14.3.7 Northern Marine Group
14.3.8 Seamac Marine
14.3.9 SKF
14.3.10 Norship
