Ballast Water Treatment System is a device of processing ballast water that discharged directly into the sea. Ballast Water Treatment System mainly consists of ballast pumps, ballast water pipelines, ballast tanks and associated valve member.
In the coming years there is an increasing demand for Ballast Water Treatment Systems in the regions of Korea, China and Japan that is expected to drive the market for more advanced Ballast Water Treatment Systems. Increasing of ship expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Ballast Water Treatment Systems will drive growth in China markets.
Globally, the Ballast Water Treatment Systems industry market is low concentrated as the manufacturing technology of Ballast Water Treatment Systems is relatively matures than some high-tech equipment. And some enterprises, like Alfa Laval, Panasia, OceanSaver, Qingdao Sunrui and JFE Engineering, etc. are well-known for the wonderful performance of their Ballast Water Treatment Systems and related services. At the same time, Europe, occupied 32.34% revenue market share in 2016, is remarkable in the global Ballast Water Treatment Systems industry because of their market share and technology status of Ballast Water Treatment Systems.
The Ballast Water market was valued at 5240 Million US$ in 2017 and is projected to reach 10100 Million US$ by 2025, at a CAGR of 8.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Ballast Water.
This report presents the worldwide Ballast Water market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Qingdao Headway Technology
Veolia Water Technologies
Industrie De Nora
MMC Green Technology
NEI Treatment Systems
Mitsubishi Heavy Industries
Ballast Water Breakdown Data by Type
Ballast Water Breakdown Data by Application
New Build Ship
Ballast Water Production by Region
Ballast Water Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Ballast Water status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Ballast Water manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Ballast Water :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Ballast Water market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.