Market Overview:
The global valve remote control systems for marine 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 transportation and the need for advanced safety and security measures in vessels. Based on type, the global valve remote control systems for marine market can be segmented into hydraulic type, pneumatic type, and electric type. Of these, the hydraulic type segment is expected to account for a major share of the market during the forecast period. This can be attributed to its high efficiency and easy installation process. Based on application, cargo ships and cruise ships are expected to account for a major share of the global valve remote control systems for marine market duringthe forecast period owingto their growing popularity among passengers across different regions worldwide.
Product Definition:
A valve remote control system for marine is a device that allows a user to open and close valves from a distance. This can be important for safety reasons, as it can allow someone to quickly shut off a valve in the event of an emergency. It can also be helpful in allowing someone to operate valves remotely, which can save time and effort.
Hydraulic Type:
Hydraulic type is a valve technology that uses hydraulic pressure to operate the valves. The basic function of the hydraulic type is to allow fluid movement from one place to another with no loss of energy. In other words, it's a system where there is no need for electricity or any power source for moving fluid from one place to another.
Pneumatic Type:
Pneumatic type is used in valve remote control systems for marine industry. It is a device that controls the flow of fluid by creating and controlling pressure. The pneumatic type system consists of a source of compressed air, valves, and actuators which are used to operate equipment remotely. Pneumatic types are widely utilized in valve remote control systems as they offer high reliability due to their long life span and low maintenance cost.
Application Insights:
The cargo and cruise ships segment led the market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Growing demand for passenger liners with amenities such as swimming pools, spas, saunas, gymsnasiums and tennis courts has resulted in an increased number of vessels being ordered by major liner operators. This trend is expected to continue over the next few years thereby supporting growth.
The floating docks segment accounted for 20% share of the global revenue in 2017 owing to increasing demand from petrochemical companies for mooring their vessels at various locations across the globe including South America, Africa, Middle East countries etc. The need for storage tanks onshore before moving towards a refinery vessel or offshore platform is also driving this industry thus propelling growth over next seven years or so until 2030 when other applications are concerned (supply Vessels).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. This growth can be attributed to rising demand for efficient and advanced marine technology across various applications such as offshore drilling, supply vessels, and others. Moreover, increasing government initiatives for developing waterways infrastructure are also expected to drive regional growth over the coming years. For instance, in 2015-2016 season; recreational boating accounted for more than 50% of all waterway traffic in North America which increased by nearly 20% compared with 2014-2015 season.
Asia Pacific is anticipated to emerge as one of the fastest growing regions during the same period owing to rapid economic development along with increasing awareness about marine transportation facilities across countries such as China.
Growth Factors:
- Increasing demand for leisure boats and yachts
- Growing popularity of boating and sailing as a recreational activity
- Rising awareness about the benefits of using remote control systems for marine applications
- Technological advancements in valve actuators and controllers
- Growing number of boat manufacturers offering remote control systems as standard or optional equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Valve Remote Control Systems for Marine Market Research Report
By Type
Hydraulic Type, Pneumatic Type, Electric Type
By Application
Cargo And Cruise Ships, Barges, Floating Docks, Offshore Rigs And Platforms, Navy, Supply Vessels, Others
By Companies
Emerson, Honeywell, SELMA Control, Daikin, KSB, Hoppe Marine, Danuni Marine, Jumho Electric, Hansun-Marine (Shanghai), Pleiger, Emerson, GREATEC Marine, BFG Marine, BloomFoss, Nordic Flow Control
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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Valve Remote Control Systems for Marine Market Report Segments:
The global Valve Remote Control Systems for Marine market is segmented on the basis of:
Types
Hydraulic Type, Pneumatic Type, Electric Type
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
Cargo And Cruise Ships, Barges, Floating Docks, Offshore Rigs And Platforms, Navy, Supply Vessels, 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:
- Emerson
- Honeywell
- SELMA Control
- Daikin
- KSB
- Hoppe Marine
- Danuni Marine
- Jumho Electric
- Hansun-Marine (Shanghai)
- Pleiger
- Emerson
- GREATEC Marine
- BFG Marine
- BloomFoss
- Nordic Flow Control
Highlights of The Valve Remote Control Systems for Marine 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:
- Hydraulic Type
- Pneumatic Type
- Electric Type
- By Application:
- Cargo And Cruise Ships
- Barges
- Floating Docks
- Offshore Rigs And Platforms
- Navy
- Supply Vessels
- 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 Valve Remote Control Systems for Marine 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?
Valve Remote Control Systems for Marine are a type of marine control system that allow operators to remotely operate vessels and equipment. These systems typically include a controller, receiver, and display unit. They can be used to control engines, navigation systems, and other onboard functions.
Some of the major players in the valve remote control systems for marine market are Emerson, Honeywell, SELMA Control, Daikin, KSB, Hoppe Marine, Danuni Marine, Jumho Electric, Hansun-Marine (Shanghai), Pleiger, Emerson, GREATEC Marine, BFG Marine, BloomFoss, Nordic Flow Control.
The valve remote control systems for marine 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 Valve Remote Control Systems for Marine 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 Valve Remote Control Systems for Marine Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Valve Remote Control Systems for Marine 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 Valve Remote Control Systems for Marine 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 Valve Remote Control Systems for Marine Market Size & Forecast, 2020-2028 4.5.1 Valve Remote Control Systems for Marine Market Size and Y-o-Y Growth 4.5.2 Valve Remote Control Systems for Marine 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 Hydraulic Type
5.2.2 Pneumatic Type
5.2.3 Electric Type
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 Cargo And Cruise Ships
6.2.2 Barges
6.2.3 Floating Docks
6.2.4 Offshore Rigs And Platforms
6.2.5 Navy
6.2.6 Supply Vessels
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Valve Remote Control Systems for Marine 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 Valve Remote Control Systems for Marine 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 Hydraulic Type
9.6.2 Pneumatic Type
9.6.3 Electric Type
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 Cargo And Cruise Ships
9.10.2 Barges
9.10.3 Floating Docks
9.10.4 Offshore Rigs And Platforms
9.10.5 Navy
9.10.6 Supply Vessels
9.10.7 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 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 Hydraulic Type
10.6.2 Pneumatic Type
10.6.3 Electric Type
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 Cargo And Cruise Ships
10.10.2 Barges
10.10.3 Floating Docks
10.10.4 Offshore Rigs And Platforms
10.10.5 Navy
10.10.6 Supply Vessels
10.10.7 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 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 Hydraulic Type
11.6.2 Pneumatic Type
11.6.3 Electric Type
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 Cargo And Cruise Ships
11.10.2 Barges
11.10.3 Floating Docks
11.10.4 Offshore Rigs And Platforms
11.10.5 Navy
11.10.6 Supply Vessels
11.10.7 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 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 Hydraulic Type
12.6.2 Pneumatic Type
12.6.3 Electric Type
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 Cargo And Cruise Ships
12.10.2 Barges
12.10.3 Floating Docks
12.10.4 Offshore Rigs And Platforms
12.10.5 Navy
12.10.6 Supply Vessels
12.10.7 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) 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 Hydraulic Type
13.6.2 Pneumatic Type
13.6.3 Electric Type
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 Cargo And Cruise Ships
13.10.2 Barges
13.10.3 Floating Docks
13.10.4 Offshore Rigs And Platforms
13.10.5 Navy
13.10.6 Supply Vessels
13.10.7 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 Valve Remote Control Systems for Marine Market: Competitive Dashboard
14.2 Global Valve Remote Control Systems for Marine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Emerson
14.3.2 Honeywell
14.3.3 SELMA Control
14.3.4 Daikin
14.3.5 KSB
14.3.6 Hoppe Marine
14.3.7 Danuni Marine
14.3.8 Jumho Electric
14.3.9 Hansun-Marine (Shanghai)
14.3.10 Pleiger
14.3.11 Emerson
14.3.12 GREATEC Marine
14.3.13 BFG Marine
14.3.14 BloomFoss
14.3.15 Nordic Flow Control