Market Overview:
The global valve remote control systems for marine applications 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. The global valve remote control systems for marine applications market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into hydraulic type, pneumatic type, electric type, and others. The hydraulic type segment is expected to hold a major share of the global valve remote control systems for marine applications market during the forecast period owing to its high efficiency and reliability. On the basis of application, cargo ships and cruise ships are expected to account for a major share of this market due to their growing popularity among passengers across different regions worldwide.
Product Definition:
A valve remote control system is a device that allows a user to remotely open and close valves using an electronic controller. This is important for marine applications because it allows users to remotely open and close valves without having to be in the same location as the valves. This can save time and money by allowing users to operate valves from a distance.
Hydraulic Type:
Hydraulic type is a valve technology that uses hydraulic pressure to operate the valves. The basic function of a hydraulic valve is to control the flow of a liquid or gas by opening and closing an attached port, chamber or nozzle. Hydraulic valves are widely used in marine applications as they offer high-performance efficiency at low cost, have minimum maintenance requirements and can be easily installed on ships’ bridges as well as engine rooms.
Pneumatic Type:
Pneumatic type is used in valve remote control systems for marine applications. It is a device that controls the flow of fluid by creating and controlling pressure. The pneumatic type uses compressed air or another gas as its working medium to transmit signals from one point to another.
Application Insights:
The cargo and cruise ships segment dominated the global market in terms of revenue in 2017. The demand for these systems is expected to increase due to growing tourism industry, which has resulted in increased number of cruise ships. Growing demand for passenger travel services by consumers, especially from emerging countries such as China and India is also likely to contribute positively towards growth. Furthermore, increasing spending on refurbishment/reconstruction projects of old vessels operating across the world are further anticipated to drive the product demand over the forecast period.
The barges segment was estimated at USD 544 million in 2017 owing to its rising application across various industries including agriculture and construction among others. These remote control system are used for maneuvering barge along with their cargoes throughout various stages such as loading/unloading from/to ship or pier, upstream & downstream navigation etc.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of prominent players such as Cummins, Inc.; Emerson Electric Co.; and General Electric. These companies are actively involved in developing advanced products for remote control applications with higher efficiency and enhanced performance. Moreover, these companies are also involved in providing after-sales services for their products which is expected to boost revenue growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising demand from emerging economies such as China and India on account of increasing marine activities including fishing, leisure boating, freight transportation among others across various water bodies within countries such as Indonesia and Singapore etc.). Furthermore, growing awareness about safety & security issues coupled with stringent regulations by regulatory authorities pertaining to machinery noise levels at sea ports or around vessels while entering/leaving a port area is further expected drive regional product demand over next eight years (2030).
Growth Factors:
- Increasing demand for marine leisure and commercial activities
- Growing popularity of valve remote control systems for marine applications among boat owners and operators
- Proliferation of advanced technology and features in valve remote control systems for marine applications
- Rising awareness about the benefits of using valve remote control systems for marine applications among boat owners and operators
- Growing number of distributors and dealers offering valve remote control systems for marine applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Valve Remote Control Systems for Marine Applications 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, Dennis Nakakita, 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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Valve Remote Control Systems for Marine Applications Market Report Segments:
The global Valve Remote Control Systems for Marine Applications 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
- Dennis Nakakita
- GREATEC Marine
- BFG Marine
- BloomFoss
- Nordic Flow Control
Highlights of The Valve Remote Control Systems for Marine Applications 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 Applications 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 Applications are a type of control system that allows operators to remotely operate vessels and equipment. These systems can be used for a variety of purposes, such as controlling the speed and direction of vessels, operating winches and other mechanical devices, or monitoring vessel conditions.
Some of the major companies in the valve remote control systems for marine applications market are Emerson, Honeywell, SELMA Control, Daikin, KSB, Hoppe Marine, Danuni Marine, Jumho Electric, Hansun-Marine (Shanghai), Pleiger, Dennis Nakakita, GREATEC Marine, BFG Marine, BloomFoss, Nordic Flow Control.
The valve remote control systems for marine applications market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Valve Remote Control Systems for Marine Applications 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. Valve Remote Control Systems for Marine Applications Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Valve Remote Control Systems for Marine Applications Market - Supply Chain
4.5. Global Valve Remote Control Systems for Marine Applications Market Forecast
4.5.1. Valve Remote Control Systems for Marine Applications Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Valve Remote Control Systems for Marine Applications Market Size (000 Units) and Y-o-Y Growth
4.5.3. Valve Remote Control Systems for Marine Applications Market Absolute $ Opportunity
5. Global Valve Remote Control Systems for Marine Applications 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. Valve Remote Control Systems for Marine Applications Market Size and Volume Forecast by Type
5.3.1. Hydraulic Type
5.3.2. Pneumatic Type
5.3.3. Electric Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Valve Remote Control Systems for Marine Applications 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. Valve Remote Control Systems for Marine Applications Market Size and Volume Forecast by Application
6.3.1. Cargo And Cruise Ships
6.3.2. Barges
6.3.3. Floating Docks
6.3.4. Offshore Rigs And Platforms
6.3.5. Navy
6.3.6. Supply Vessels
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Valve Remote Control Systems for Marine Applications 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. Valve Remote Control Systems for Marine Applications 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 Valve Remote Control Systems for Marine Applications 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. Valve Remote Control Systems for Marine Applications 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 Valve Remote Control Systems for Marine Applications Demand Share Forecast, 2019-2029
9. North America Valve Remote Control Systems for Marine Applications 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 Valve Remote Control Systems for Marine Applications 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 Valve Remote Control Systems for Marine Applications Market Size and Volume Forecast by Application
9.4.1. Cargo And Cruise Ships
9.4.2. Barges
9.4.3. Floating Docks
9.4.4. Offshore Rigs And Platforms
9.4.5. Navy
9.4.6. Supply Vessels
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Valve Remote Control Systems for Marine Applications Market Size and Volume Forecast by Type
9.7.1. Hydraulic Type
9.7.2. Pneumatic Type
9.7.3. Electric Type
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 Valve Remote Control Systems for Marine Applications Demand Share Forecast, 2019-2029
10. Latin America Valve Remote Control Systems for Marine Applications 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 Valve Remote Control Systems for Marine Applications 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 Valve Remote Control Systems for Marine Applications Market Size and Volume Forecast by Application
10.4.1. Cargo And Cruise Ships
10.4.2. Barges
10.4.3. Floating Docks
10.4.4. Offshore Rigs And Platforms
10.4.5. Navy
10.4.6. Supply Vessels
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Valve Remote Control Systems for Marine Applications Market Size and Volume Forecast by Type
10.7.1. Hydraulic Type
10.7.2. Pneumatic Type
10.7.3. Electric Type
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 Valve Remote Control Systems for Marine Applications Demand Share Forecast, 2019-2029
11. Europe Valve Remote Control Systems for Marine Applications 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 Valve Remote Control Systems for Marine Applications 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 Valve Remote Control Systems for Marine Applications Market Size and Volume Forecast by Application
11.4.1. Cargo And Cruise Ships
11.4.2. Barges
11.4.3. Floating Docks
11.4.4. Offshore Rigs And Platforms
11.4.5. Navy
11.4.6. Supply Vessels
11.4.7. Others
11.5. asis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Valve Remote Control Systems for Marine Applications Market Size and Volume Forecast by Type
11.7.1. Hydraulic Type
11.7.2. Pneumatic Type
11.7.3. Electric Type
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 Valve Remote Control Systems for Marine Applications Demand Share, 2019-2029
12. Asia Pacific Valve Remote Control Systems for Marine Applications 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 Valve Remote Control Systems for Marine Applications 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 Valve Remote Control Systems for Marine Applications Market Size and Volume Forecast by Application
12.4.1. Cargo And Cruise Ships
12.4.2. Barges
12.4.3. Floating Docks
12.4.4. Offshore Rigs And Platforms
12.4.5. Navy
12.4.6. Supply Vessels
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Valve Remote Control Systems for Marine Applications Market Size and Volume Forecast by Type
12.7.1. Hydraulic Type
12.7.2. Pneumatic Type
12.7.3. Electric Type
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 Valve Remote Control Systems for Marine Applications Demand Share, 2019-2029
13. Middle East & Africa Valve Remote Control Systems for Marine Applications 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 Valve Remote Control Systems for Marine Applications 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 Valve Remote Control Systems for Marine Applications Market Size and Volume Forecast by Application
13.4.1. Cargo And Cruise Ships
13.4.2. Barges
13.4.3. Floating Docks
13.4.4. Offshore Rigs And Platforms
13.4.5. Navy
13.4.6. Supply Vessels
13.4.7. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Valve Remote Control Systems for Marine Applications Market Size and Volume Forecast by Type
13.7.1. Hydraulic Type
13.7.2. Pneumatic Type
13.7.3. Electric Type
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 Valve Remote Control Systems for Marine Applications Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Valve Remote Control Systems for Marine Applications Market: Market Share Analysis
14.2. Valve Remote Control Systems for Marine Applications Distributors and Customers
14.3. Valve Remote Control Systems for Marine Applications Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Emerson
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Honeywell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SELMA Control
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Daikin
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. KSB
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hoppe Marine
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Danuni Marine
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jumho Electric
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hansun-Marine (Shanghai)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Pleiger
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Dennis Nakakita
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. GREATEC Marine
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. BFG Marine
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. BloomFoss
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Nordic Flow Control
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
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