Market Overview:
The global long flashing beacon buoys market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for long flashing beacon buoys in coastal and harbor applications, owing to their high visibility and durability. In addition, the growing demand for plastic long flashing beacon buoys is also contributing significantly to the growth of this market. Based on type, the global long flashing beacon buoys market can be segmented into metal and plastic long flashing beacon buoys. Metal long flashing beacon buoy are more durable as compared to plastic ones; however, they are also heavier and expensive as compared to their counterparts made from plastics material.
Product Definition:
A long flashing beacon buoy is a type of buoy that is used to mark the location of a hazard or obstruction in a body of water. These buoys are typically cylindrical in shape and are equipped with a light that flashes continuously for extended periods of time. Long flashing beacon buoys are important because they provide mariners with an easily-identifiable warning marker that can help them avoid potential hazards while navigating waterways.
Metal:
Metal is a material that exhibits metallic properties such as corrosion resistance and electrical conductivity. Metals are used in various end-use industries including construction, transportation, energy & power generation, aerospace & defense and electronics. The growth of the global metal market is directly proportional to the demand for long flashing beacons buoys from oil & gas sector which accounts for more than 50% of global maritime traffic.
Plastic:
Plastic is a widely used material in the manufacturing of long flashing beacon buoys. It is available in various forms such as polyvinyl chloride, polypropylene, and high impact polystyrene among others. The type of plastic to be used depends on certain factors such as water resistance required by the product along with its durability and flexibility among other requirements. Plastic can be injection molded, blow molded or extruded among other processes for manufacturing various products including long flashing beacon buoys.
Application Insights:
The global demand for long flashing beacon buoys has witnessed a paradigm shift due to the increasing need for safety at sea. The offshore segment dominated the overall market in terms of revenue share in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to an increase in oil & gas exploration activities, which have led to an upsurge in maritime traffic across various parts of world oceans. Furthermore, growing awareness among mariners regarding risks associated with icebergs and rocks is also likely to drive their demand over the forecast period.
Coastal and harbor application segment was estimated at USD 120 million in 2017 owing to increased shipping activities along with rising number of recreational boaters on major waterways around North America including St Lawrence Seaway, Great Lakes System, Mississippi River System etcetera.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a revenue share of over 30%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing maritime activities in countries, such as China, Japan, South Korea, Singapore and Indonesia. Moreover, rising offshore oil & gas exploration activities are anticipated to drive product demand across this region.
The Asia Pacific maritime industry is also likely to witness significant growth owing to various government initiatives taken by developing nations like China and India aimed at improving their trade infrastructure through sea routes. These factors are projected to boost long flashing beacon buoy sales across this region during the forecast period.
Europe accounted for a major share of revenue in 2017 owing herring fishing along with other marine fisheries that contribute significantly toward regional economies along European coastlines from Ushant (France) down past Norway's southernmost point (Gulf of Streym).
Growth Factors:
- Increasing demand for maritime security: The increasing incidents of piracy and terrorism have led to the rising demand for maritime security, which is expected to boost the growth of the global long flashing beacon buoys market.
- Proliferation of offshore oil and gas exploration activities: Offshore oil and gas exploration activities are increasing due to the depletion of onshore reserves. This is expected to drive the growth of the global long flashing beacon buoys market as they are used extensively in offshore applications.
- Development of smart ports: The development of smart ports is a key trend that is expected to drive growth in the global long flashing beacon buoys market during the forecast period. Smart ports use various technologies such as RFID, GPS, and sensors to manage port operations more efficiently. They also help reduce environmental pollution and improve safety at ports.
Scope Of The Report
Report Attributes
Report Details
Report Title
Long Flashing Beacon Buoys Market Research Report
By Type
Metal, Plastic
By Application
Offshore, Coastal & Harbor, Inland waters
By Companies
FenderCare, Meritaito, Xylem, Zeniya Aluminum Engineering Group, Sealite, Ryokuseisha, Resinex, Corilla, Almarin, Mobilis, Shandong Buoy&Pipe, JFC Manufacturing Co Ltd, Mediterraneo Senales Maritimas, Carmanah Technologies Corporation, Shanghai Rokem, Woori Marine Co., Ltd., Gisman, Wet Tech Energy
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Long Flashing Beacon Buoys Market Report Segments:
The global Long Flashing Beacon Buoys market is segmented on the basis of:
Types
Metal, Plastic
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
Offshore, Coastal & Harbor, Inland waters
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:
- FenderCare
- Meritaito
- Xylem
- Zeniya Aluminum Engineering Group
- Sealite
- Ryokuseisha
- Resinex
- Corilla
- Almarin
- Mobilis
- Shandong Buoy&Pipe
- JFC Manufacturing Co Ltd
- Mediterraneo Senales Maritimas
- Carmanah Technologies Corporation
- Shanghai Rokem
- Woori Marine Co., Ltd.
- Gisman
- Wet Tech Energy
Highlights of The Long Flashing Beacon Buoys 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:
- Metal
- Plastic
- By Application:
- Offshore
- Coastal & Harbor
- Inland waters
- 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 Long Flashing Beacon Buoys 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 long flashing beacon buoy is a type of maritime safety signal used to indicate the presence of a hazard or obstruction in water.
Some of the major players in the long flashing beacon buoys market are FenderCare, Meritaito, Xylem, Zeniya Aluminum Engineering Group, Sealite, Ryokuseisha, Resinex, Corilla, Almarin, Mobilis, Shandong Buoy&Pipe, JFC Manufacturing Co Ltd, Mediterraneo Senales Maritimas, Carmanah Technologies Corporation, Shanghai Rokem, Woori Marine Co., Ltd., Gisman, Wet Tech Energy.
The long flashing beacon buoys market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Long Flashing Beacon Buoys Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Long Flashing Beacon Buoys Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Long Flashing Beacon Buoys Market - Supply Chain
4.5. Global Long Flashing Beacon Buoys Market Forecast
4.5.1. Long Flashing Beacon Buoys Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Long Flashing Beacon Buoys Market Size (000 Units) and Y-o-Y Growth
4.5.3. Long Flashing Beacon Buoys Market Absolute $ Opportunity
5. Global Long Flashing Beacon Buoys Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Long Flashing Beacon Buoys Market Size and Volume Forecast by Type
5.3.1. Metal
5.3.2. Plastic
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Long Flashing Beacon Buoys Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Long Flashing Beacon Buoys Market Size and Volume Forecast by Application
6.3.1. Offshore
6.3.2. Coastal & Harbor
6.3.3. Inland waters
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Long Flashing Beacon Buoys Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Long Flashing Beacon Buoys Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Long Flashing Beacon Buoys Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Long Flashing Beacon Buoys Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Long Flashing Beacon Buoys Demand Share Forecast, 2019-2026
9. North America Long Flashing Beacon Buoys Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Long Flashing Beacon Buoys Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Long Flashing Beacon Buoys Market Size and Volume Forecast by Application
9.4.1. Offshore
9.4.2. Coastal & Harbor
9.4.3. Inland waters
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Long Flashing Beacon Buoys Market Size and Volume Forecast by Type
9.7.1. Metal
9.7.2. Plastic
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Long Flashing Beacon Buoys Demand Share Forecast, 2019-2026
10. Latin America Long Flashing Beacon Buoys Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Long Flashing Beacon Buoys Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Long Flashing Beacon Buoys Market Size and Volume Forecast by Application
10.4.1. Offshore
10.4.2. Coastal & Harbor
10.4.3. Inland waters
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Long Flashing Beacon Buoys Market Size and Volume Forecast by Type
10.7.1. Metal
10.7.2. Plastic
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Long Flashing Beacon Buoys Demand Share Forecast, 2019-2026
11. Europe Long Flashing Beacon Buoys Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Long Flashing Beacon Buoys Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Long Flashing Beacon Buoys Market Size and Volume Forecast by Application
11.4.1. Offshore
11.4.2. Coastal & Harbor
11.4.3. Inland waters
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Long Flashing Beacon Buoys Market Size and Volume Forecast by Type
11.7.1. Metal
11.7.2. Plastic
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10.Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Long Flashing Beacon Buoys Demand Share, 2019-2026
12. Asia Pacific Long Flashing Beacon Buoys Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Long Flashing Beacon Buoys Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Long Flashing Beacon Buoys Market Size and Volume Forecast by Application
12.4.1. Offshore
12.4.2. Coastal & Harbor
12.4.3. Inland waters
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Long Flashing Beacon Buoys Market Size and Volume Forecast by Type
12.7.1. Metal
12.7.2. Plastic
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Long Flashing Beacon Buoys Demand Share, 2019-2026
13. Middle East & Africa Long Flashing Beacon Buoys Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Long Flashing Beacon Buoys Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Long Flashing Beacon Buoys Market Size and Volume Forecast by Application
13.4.1. Offshore
13.4.2. Coastal & Harbor
13.4.3. Inland waters
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Long Flashing Beacon Buoys Market Size and Volume Forecast by Type
13.7.1. Metal
13.7.2. Plastic
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Long Flashing Beacon Buoys Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Long Flashing Beacon Buoys Market: Market Share Analysis
14.2. Long Flashing Beacon Buoys Distributors and Customers
14.3. Long Flashing Beacon Buoys Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. FenderCare
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Meritaito
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Xylem
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Zeniya Aluminum Engineering Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sealite
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ryokuseisha
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Resinex
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Corilla
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Almarin
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mobilis
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Shandong Buoy&Pipe
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. JFC Manufacturing Co Ltd
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Mediterraneo Senales Maritimas
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Carmanah Technologies Corporation
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Shanghai Rokem
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Woori Marine Co., Ltd.
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Gisman
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Wet Tech Energy
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
