Global Mooring Inspection Industry

Global Mooring Inspection Industry

  • February 2020 •
  • 139 pages •
  • Report ID: 5799178 •
  • Format: PDF
Mooring Inspection market worldwide is projected to grow by US$92.1 Million, driven by a compounded growth of 3.6%. Below Water Inspection, one of the segments analyzed and sized in this study, displays the potential to grow at over 3.7%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$276.3 Million by the year 2025, Below Water Inspection will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 4.3% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$4.8 Million to the region’s size and clout in the next 5 to 6 years. Over US$4.3 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Below Water Inspection will reach a market size of US$21.3 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 3.3% over the next couple of years and add approximately US$15.5 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others,
  • Deep Sea Mooring AS
  • DeepOcean Group Holding BV.
  • Delmar Systems, Inc.
  • DOF Subsea AS
  • Moffatt & Nichol
  • Oceaneering International, Inc.
  • Welaptega Marine Limited