Market Overview:
The global marker equipment market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for marker equipment in the underwater pipeline, underwater cables, and other applications. Based on type, the global marker equipment market is segmented into buoys, signalling lights, floats, and other types. The buoys segment accounted for the largest share of the global marker equipment market in 2017 and is projected to grow at a CAGR of 5.8% from 2018 to 2030. This growth can be attributed to their wide range of applications in various industries such as oil & gas pipelines and marine transportation among others. Based on application, the global marker equipment market is segmented into underwater pipeline installation & maintenance; submarine cable laying; dredging & reclamation; port operations; offshore construction works such as wind farms or oil rigs; wreck location & salvage operations etc.
Product Definition:
Marker Equipment is used to identify the location of buried utilities. This can include, but is not limited to, water lines, sewer lines and gas lines. The importance of marker equipment is twofold: it helps protect the utility workers who may be digging in the area and it also helps prevent damage to the utility line itself.
Buoys:
The global buoys market is expected to witness significant growth over the forecast period. The market growth can be attributed to factors such as increasing offshore drilling activities, rising demand for oil & gas in emerging economies and growing awareness regarding marine data collection.
Rising demand for oil & gas from emerging economies such as China and India coupled with increasing offshore drilling activities is anticipated to drive the global buoy industry over the next seven years.
Signalling Lights:
Signalling lights are used to communicate with other road users such as pedestrians, cyclists and traffic officers. They can be used in a variety of applications such as construction zones, work zones and school zones. The most common types of signals include Flashing Lights (FFFF) and Solid Red Light (RRR).
The global marker equipment market is expected to witness significant growth over the forecast period owing to increasing number of infrastructure development projects across the globe.
Application Insights:
The underwater pipeline application segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for oil & gas activities, which has resulted in an increased number of pipelines across the globe. Markers are used to indicate positions beneath the water surface during cable installation operations, thereby avoiding any potential damage caused by current or future leaks along the pipeline route.
The other applications include land surveying and construction projects, which require precise measurement of distances between points on land or sea floor. These types of projects usually involve complex topography with heights ranging from shallow waters up to depths extending beyond 60 meters below sea level (mbsl). Such demanding environmental conditions have ledto developmentof advanced equipment capable under extreme conditions such as high temperatures and pressures that may arise during project execution stages at remote locations worldwide.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to maintain its dominance over the forecast period. This can be attributed to increasing offshore oil and gas exploration activities, especially in U.S., which has led to an increase in underwater pipeline installation across various bodies of water such as Mississippi River, Columbia River, and Gulf Coast waterways among others.
Asia Pacific region is anticipated witness significant growth owing to growing marine infrastructure across countries such as China.
Growth Factors:
- Increasing demand for food due to population growth
- Rising disposable income of consumers in developing countries
- Technological advancements in marker equipment industry
- Growing awareness about the benefits of using marker equipment among farmers and producers
- Expansion of global trade
Scope Of The Report
Report Attributes
Report Details
Report Title
Marker Equipment Market Research Report
By Type
Buoys, Signalling Lights, Floats, Other
By Application
Underwater Pipeline, Underwater Cables, Other
By Companies
Castro, DAN-FENDER, Dock Marine Systems, Dragon Marine, Griffin-Woodhouse, Guderoglu Marin Deniz Malzemeleri, Jim-Buoy, Mavi Deniz, Mediterráneo Señales Marítimas, Mobilis, Castro, NIBS France, Polyform AS, Sealite, SolarMarineLights, SRT Marine Technology, Taylor Made Products, Trelleborg Marine Systems
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Marker Equipment Market Report Segments:
The global Marker Equipment market is segmented on the basis of:
Types
Buoys, Signalling Lights, Floats, 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
Underwater Pipeline, Underwater Cables, 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:
- Castro
- DAN-FENDER
- Dock Marine Systems
- Dragon Marine
- Griffin-Woodhouse
- Guderoglu Marin Deniz Malzemeleri
- Jim-Buoy
- Mavi Deniz
- Mediterráneo Señales Marítimas
- Mobilis
- Castro
- NIBS France
- Polyform AS
- Sealite
- SolarMarineLights
- SRT Marine Technology
- Taylor Made Products
- Trelleborg Marine Systems
Highlights of The Marker Equipment 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:
- Buoys
- Signalling Lights
- Floats
- Other
- By Application:
- Underwater Pipeline
- Underwater Cables
- 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 Marker Equipment 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?
Marker equipment is a specialized type of construction equipment used to mark or indicate the location of objects or features on earth.
Some of the major players in the marker equipment market are Castro, DAN-FENDER, Dock Marine Systems, Dragon Marine, Griffin-Woodhouse, Guderoglu Marin Deniz Malzemeleri, Jim-Buoy, Mavi Deniz, Mediterr¡neo Se±ales Martimas, Mobilis, Castro, NIBS France, Polyform AS, Sealite, SolarMarineLights, SRT Marine Technology, Taylor Made Products, Trelleborg Marine Systems.
The marker equipment 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 Marker Equipment 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 Marker Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Marker Equipment 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 Marker Equipment 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 Marker Equipment Market Size & Forecast, 2020-2028
4.5.1 Marker Equipment Market Size and Y-o-Y Growth
4.5.2 Marker Equipment 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 Buoys
5.2.2 Signalling Lights
5.2.3 Floats
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 Underwater Pipeline
6.2.2 Underwater Cables
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Marker Equipment 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 Marker Equipment 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 Buoys
9.6.2 Signalling Lights
9.6.3 Floats
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 Underwater Pipeline
9.10.2 Underwater Cables
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 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 Buoys
10.6.2 Signalling Lights
10.6.3 Floats
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 Underwater Pipeline
10.10.2 Underwater Cables
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 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 Buoys
11.6.2 Signalling Lights
11.6.3 Floats
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 Underwater Pipeline
11.10.2 Underwater Cables
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 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 Buoys
12.6.2 Signalling Lights
12.6.3 Floats
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 Underwater Pipeline
12.10.2 Underwater Cables
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) 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 Buoys
13.6.2 Signalling Lights
13.6.3 Floats
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 Underwater Pipeline
13.10.2 Underwater Cables
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 Marker Equipment Market: Competitive Dashboard
14.2 Global Marker Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Castro
14.3.2 DAN-FENDER
14.3.3 Dock Marine Systems
14.3.4 Dragon Marine
14.3.5 Griffin-Woodhouse
14.3.6 Guderoglu Marin Deniz Malzemeleri
14.3.7 Jim-Buoy
14.3.8 Mavi Deniz
14.3.9 Mediterráneo Señales Marítimas
14.3.10 Mobilis
14.3.11 Castro
14.3.12 NIBS France
14.3.13 Polyform AS
14.3.14 Sealite
14.3.15 SolarMarineLights
14.3.16 SRT Marine Technology
14.3.17 Taylor Made Products
14.3.18 Trelleborg Marine Systems
