Market Overview:
The global semi-submarines market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as increasing demand for research and tourism applications, and rising awareness about the benefits of using semi-submarines. In terms of type, the inboard-motor semi-submarines segment is expected to lead the market during the forecast period, owing to its advantages such as low noise levels and easy maneuverability. In terms of application, research applications are expected to dominate the global semi-submarine market during the forecast period, owing to increased spending on marine research by governments across different regions.
Product Definition:
A semi-submarine is a submarine that spends most of its time on the surface, but can submerge for short periods to travel underwater. Semi-submarines are important for transporting goods and people between ships and shore, and for conducting military operations in shallow waters.
Inboard-Motor Semi-Submarines:
Inboard-Motor Semi-Submarines, it's usage.
An Inboard Motor (IM) is used to drive a vessel underwater using hydrodynamic principles. The most important property of an IM is that its speed remains constant regardless of changes in draught or load factors.
Outboard-Motor Semi-Submarines:
Outboard-motor semi-submarines is a type of vessel that uses outboard motor as its propulsion system. It has advantages over the inboard/integral type and also disadvantages, if any, can be easily identified.
Advantages: Outboard motors provide more power to the propeller and are usually more fuel efficient than an inboards/integral type.
Application Insights:
The research segment dominated the market in 2017 and is expected to witness significant growth over the forecast period. The growing R&D activities for developing advanced semi-submersible platforms with enhanced capabilities for scientific research are some of the factors anticipated to drive the demand over the coming years.
The tourism application is projected to witness a CAGR of XX% from 2018 to 2030 owing to an increase in cruise ship visits across various countries worldwide, including Italy, France, Spain and Australia. In addition, increasing passenger traffic on existing ships operating in waters less than 300 meters deep is expected fuel further growth during this period.
Increasing government spending on marine conservation along with rising awareness regarding protection of marine life has led several countries including China, India and Japan towards developing extensive maritime resources for tourism purposes which will eventually drive product demand globally over the coming years.
Regional Analysis:
North America dominated the global semi-submersible market in 2016 with a revenue share of over 40%. The region is expected to maintain its dominance throughout the forecast period. This growth can be attributed to increasing offshore oil and gas exploration activities coupled with rising government funding for marine science research. In addition, technological advancements such as autonomous underwater vehicles (AUVs) are further anticipated to propel regional demand during the forecast period.
Asia Pacific is expected to witness significant growth over the next eight years owing to increasing offshore oil and gas exploration activities in countries such as China, India, Vietnam, Philippines and Indonesia. Furthermore, growing tourism sector in these regions will drive product demand owing to their ability provide privacy and security from external threats while offering luxury accommodations for passengers along with food & beverage services on board Semi-Submersible vessels (SSVs).
Growth Factors:
- Increasing demand for energy and resources: The global population is growing at a rapid pace, and with it the demand for energy and resources. This is driving the need for more efficient methods of extracting these resources, which is leading to increased investment in semi-submersible technology.
- Growing awareness of environmental impact: As people become more aware of the environmental impact of their actions, they are looking for ways to reduce their carbon footprint. Semi-submersibles offer a cleaner and more efficient way to extract oil and gas from offshore reserves, making them an increasingly popular choice among environmentalists.
- Advances in technology: The semi-submarine market is constantly evolving thanks to advances in technology. New materials and construction techniques are making semi-submarines stronger, faster, and more fuel efficient than ever before, paving the way for even greater growth in this market segment.
Scope Of The Report
Report Attributes
Report Details
Report Title
Semi-Submarines Market Research Report
By Type
Inboard-Motor Semi-Submarines, Outboard-Motor Semi-Submarines
By Application
Research, Tourism
By Companies
PARITETBOAT, Agena marin, Ego Inc, Zhejiang Henghai Technology, BEST DIVES PVT LTD, NESTORAS IOANNOU AND SON, Penguin Ocean Leisure, Creta
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 Semi-Submarines Market Report Segments:
The global Semi-Submarines market is segmented on the basis of:
Types
Inboard-Motor Semi-Submarines, Outboard-Motor Semi-Submarines
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
Research, Tourism
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:
- PARITETBOAT
- Agena marin
- Ego Inc
- Zhejiang Henghai Technology
- BEST DIVES PVT LTD
- NESTORAS IOANNOU AND SON
- Penguin Ocean Leisure
- Creta
Highlights of The Semi-Submarines 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:
- Inboard-Motor Semi-Submarines
- Outboard-Motor Semi-Submarines
- By Application:
- Research
- Tourism
- 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 Semi-Submarines 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
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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?
Semi-submarines are a type of submarine that have a lower hull and superstructure above the water line, but they dive below the surface to travel.
Some of the major companies in the semi-submarines market are PARITETBOAT, Agena marin, Ego Inc, Zhejiang Henghai Technology, BEST DIVES PVT LTD, NESTORAS IOANNOU AND SON, Penguin Ocean Leisure, Creta.
The semi-submarines 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 Semi-Submarines 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 Semi-Submarines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Semi-Submarines 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 Semi-Submarines 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 Semi-Submarines Market Size & Forecast, 2020-2028
4.5.1 Semi-Submarines Market Size and Y-o-Y Growth
4.5.2 Semi-Submarines 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 Inboard-Motor Semi-Submarines
5.2.2 Outboard-Motor Semi-Submarines
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 Research
6.2.2 Tourism
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Semi-Submarines 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 Semi-Submarines 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 Inboard-Motor Semi-Submarines
9.6.2 Outboard-Motor Semi-Submarines
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 Research
9.10.2 Tourism
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 Inboard-Motor Semi-Submarines
10.6.2 Outboard-Motor Semi-Submarines
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 Research
10.10.2 Tourism
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 Inboard-Motor Semi-Submarines
11.6.2 Outboard-Motor Semi-Submarines
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 Research
11.10.2 Tourism
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 Inboard-Motor Semi-Submarines
12.6.2 Outboard-Motor Semi-Submarines
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 Research
12.10.2 Tourism
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 Inboard-Motor Semi-Submarines
13.6.2 Outboard-Motor Semi-Submarines
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 Research
13.10.2 Tourism
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 Semi-Submarines Market: Competitive Dashboard
14.2 Global Semi-Submarines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PARITETBOAT
14.3.2 Agena marin
14.3.3 Ego Inc
14.3.4 Zhejiang Henghai Technology
14.3.5 BEST DIVES PVT LTD
14.3.6 NESTORAS IOANNOU AND SON
14.3.7 Penguin Ocean Leisure
14.3.8 Creta
