Market Overview:
The global maritime fender system 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 maritime fenders from ports and docks across the globe. In addition, the growing awareness about the benefits of using maritime fenders is also contributing to the growth of this market. The global maritime fender system market can be segmented on the basis of type into solid rubber fenders, pneumatic fenders, foam Fenders and other types. The pneumatic Fender segment is expected to grow at a higher CAGR than other segments during the forecast period from 2018 to 2030. This growth can be attributed to their high flexibility and durability as compared with other types of Maritime Fender systems available in the market.
Product Definition:
A maritime fender system is a system of devices used to protect a vessel from damage caused by contact with another object, typically another vessel. The importance of maritime fender systems is that they protect both vessels involved in the collision and can prevent extensive damage that could lead to loss of life or environmental disaster.
Solid Rubber Fenders:
Solid rubber fenders are manufactured using natural or synthetic rubber. They are used as a protective device to minimize the impact of waves, splashes and spray in marine environments. The product is available in various forms including sheets, belts and gaskets with different shapes and sizes for multiple applications on ships, boats & yachts.
Pneumatic Fenders:
Pneumatic fenders are used in the maritime industry to protect vessels from collisions and damage. They are also used as an aid to docking and undocking. Pneumatic fenders consist of a flexible air-filled chamber that expands when activated, thereby creating a low-pressure area around the vessel that provides stability and resistance against contact with other ships or objects.
The pneumatic fender system is designed in such a way that it creates an air cushion between itself.
Application Insights:
The ports application segment led the market and accounted for more than 54% share of the global revenue in 2017. The growth is attributed to the growing importance of maritime transport across various sectors, including trade between Asia Pacific and Europe, Africa and North America. Moreover, increasing demand for fenders at major seaports around the world owing to high levels of vessel traffic is expected to drive product demand over the forecast period.
Dockage fees are charged by port authorities or private operators for allowing a ship into a harbour or loading/unloading cargo from ships onto trucks, trains or containers at terminals. Dockage fees amount to USD 7-8 per foot depending upon class of service (deadweight tonnage [DWT], gross tons) as well as type of vessel (container ship, oil tanker). Thus rising demand for efficient fender systems that offer protection against inclement weather conditions while minimizing operational costs is anticipated to fuel industry expansion over next eight years.
Regional Analysis:
Asia Pacific maritime fender system market is expected to grow at the highest CAGR of XX% over the forecast period, owing to rapid urbanization and industrialization in countries such as China and India. In addition, increasing port activities in these countries are anticipated to drive demand for these systems over the next eight years.
North America was estimated as a significant region in 2017 owing to high awareness regarding personal safety while at sea or on water bodies across U.S., Canada, and Mexico.
Growth Factors:
- Increasing demand for maritime transportation: The global maritime trade is expected to grow at a CAGR of 3.8% from 2016 to 2020, owing to the increasing demand for seaborne transportation of goods and passengers. This is expected to drive the growth of the maritime fender system market during the forecast period.
- Proliferation of containerization: Containerization has revolutionized maritime transport by allowing goods to be transported in standardized containers, which helps in reducing costs and transit time. This is expected to boost the growth of the maritime fender system market during the forecast period.
- Development of new ports and terminals: In order to meet rising demand for seaborne transportation, many countries are developing new ports and terminals across their coastslines. This is anticipated to create opportunities for players operating in the Maritime Fender System market duringthe forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Maritime Fender System Market Research Report
By Type
Solid Rubber Fenders, Pneumatic Fenders, Foam Fenders, Other
By Application
Ports, Docks, Other
By Companies
Trelleborg, Bridgestone, Sumitomo Rubber, Maritime International, Hutchinson, Longwood, Noreq, Anchor Marine, JIER Marine, Taihong, Trelleborg
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
135
Number of Tables & Figures
95
Customization Available
Yes, the report can be customized as per your need.
Global Maritime Fender System Market Report Segments:
The global Maritime Fender System market is segmented on the basis of:
Types
Solid Rubber Fenders, Pneumatic Fenders, Foam Fenders, 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
Ports, Docks, Other
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
- Bridgestone
- Sumitomo Rubber
- Maritime International
- Hutchinson
- Longwood
- Noreq
- Anchor Marine
- JIER Marine
- Taihong
- Trelleborg
Highlights of The Maritime Fender 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:
- Solid Rubber Fenders
- Pneumatic Fenders
- Foam Fenders
- Other
- By Application:
- Ports
- Docks
- Other
- 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 Maritime Fender 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?
A maritime fender system is a type of dock and harbor protection system used to prevent vessels from grounding or becoming stuck on docks, piers, or other obstructions. The system typically consists of a series of metal plates that extend out from the shoreline and are attached to posts or other structures. When a vessel approaches the shoreline, the plates automatically retract into the ground, preventing it from getting too close to the pier or dock.
Some of the major players in the maritime fender system market are Trelleborg, Bridgestone, Sumitomo Rubber, Maritime International, Hutchinson, Longwood, Noreq, Anchor Marine, JIER Marine, Taihong, Trelleborg.
The maritime fender system market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Maritime Fender 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 Maritime Fender System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Maritime Fender 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 Maritime Fender 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 Maritime Fender System Market Size & Forecast, 2018-2028
4.5.1 Maritime Fender System Market Size and Y-o-Y Growth
4.5.2 Maritime Fender System Market Absolute $ Opportunity
Chapter 5 Global Maritime Fender System 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 Maritime Fender System Market Size Forecast by Type
5.2.1 Solid Rubber Fenders
5.2.2 Pneumatic Fenders
5.2.3 Foam Fenders
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Maritime Fender System 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 Maritime Fender System Market Size Forecast by Applications
6.2.1 Ports
6.2.2 Docks
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Maritime Fender 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 Maritime Fender 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 Maritime Fender System Analysis and Forecast
9.1 Introduction
9.2 North America Maritime Fender System 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 Maritime Fender System Market Size Forecast by Type
9.6.1 Solid Rubber Fenders
9.6.2 Pneumatic Fenders
9.6.3 Foam Fenders
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 Maritime Fender System Market Size Forecast by Applications
9.10.1 Ports
9.10.2 Docks
9.10.3 Other
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 Maritime Fender System Analysis and Forecast
10.1 Introduction
10.2 Europe Maritime Fender System 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 Maritime Fender System Market Size Forecast by Type
10.6.1 Solid Rubber Fenders
10.6.2 Pneumatic Fenders
10.6.3 Foam Fenders
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 Maritime Fender System Market Size Forecast by Applications
10.10.1 Ports
10.10.2 Docks
10.10.3 Other
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 Maritime Fender System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Maritime Fender System 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 Maritime Fender System Market Size Forecast by Type
11.6.1 Solid Rubber Fenders
11.6.2 Pneumatic Fenders
11.6.3 Foam Fenders
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 Maritime Fender System Market Size Forecast by Applications
11.10.1 Ports
11.10.2 Docks
11.10.3 Other
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 Maritime Fender System Analysis and Forecast
12.1 Introduction
12.2 Latin America Maritime Fender System 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 Maritime Fender System Market Size Forecast by Type
12.6.1 Solid Rubber Fenders
12.6.2 Pneumatic Fenders
12.6.3 Foam Fenders
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 Maritime Fender System Market Size Forecast by Applications
12.10.1 Ports
12.10.2 Docks
12.10.3 Other
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) Maritime Fender System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Maritime Fender System 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) Maritime Fender System Market Size Forecast by Type
13.6.1 Solid Rubber Fenders
13.6.2 Pneumatic Fenders
13.6.3 Foam Fenders
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) Maritime Fender System Market Size Forecast by Applications
13.10.1 Ports
13.10.2 Docks
13.10.3 Other
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 Maritime Fender System Market: Competitive Dashboard
14.2 Global Maritime Fender System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Trelleborg
14.3.2 Bridgestone
14.3.3 Sumitomo Rubber
14.3.4 Maritime International
14.3.5 Hutchinson
14.3.6 Longwood
14.3.7 Noreq
14.3.8 Anchor Marine
14.3.9 JIER Marine
14.3.10 Taihong
14.3.11 Trelleborg
