Global Ballast Water Systems Market Growth 2023-2029

Global Ballast Water Systems Market Growth 2023-2029

Product Code:454926

Published Date: Feb 08,2023

Pages: 127

Region: Global

Category: Machinery & Equipment

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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.

LPI (LP Information)' newest research report, the “Ballast Water Systems Industry Forecast” looks at past sales and reviews total world Ballast Water Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Ballast Water Systems sales for 2023 through 2029. With Ballast Water Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ballast Water Systems industry.

This Insight Report provides a comprehensive analysis of the global Ballast Water Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ballast Water Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ballast Water Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ballast Water Systems and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ballast Water Systems.

The global Ballast Water Systems market size is projected to grow from US$ 4326.9 million in 2022 to US$ 1013.7 million in 2029; it is expected to grow at a CAGR of 1013.7 from 2023 to 2029.

Global ballast water systems main manufacturers include JFE Engineering
, Alfa Laval, Panasia, Mitsubishi Heavy Industries, etc. The top 5 manufacturers accounting for about 40% of the market. China is the largest market, with a share over 35%. As for the types of products, it can be divided into below 1500 m3, 1500-5000 m3 and more than 5000 m3. The most common product is 1500-5000 m3, with a share over 70%. In terms of applications,the most common application is modify ship, with a share about 75%.

This report presents a comprehensive overview, market shares, and growth opportunities of Ballast Water Systems market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Ballast Capacity:Below 1500 m3
    Ballast Capacity:1500-5000 m3
    Ballast Capacity:More Than 5000 m3

Segmentation by application
    Modify Ship
    New Build Ship

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Alfa Laval
    Panasia
    OceanSaver
    Qingdao Sunrui
    JFE Engineering
    NK
    Qingdao Headway Technology
    Optimarin
    Hyde Marine
    Veolia Water Technologies
    Techcross
    S&SYS
    Ecochlor
    Industrie De Nora
    MMC Green Technology
    Wartsila
    NEI Treatment Systems
    Mitsubishi Heavy Industries
    Desmi
    Bright Sky
    Trojan Marinex
    Evoqua Water Technologies
    Norwegian Greentech

Key Questions Addressed in this Report
What is the 10-year outlook for the global Ballast Water Systems market?
What factors are driving Ballast Water Systems market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Ballast Water Systems market opportunities vary by end market size?
How does Ballast Water Systems break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?