The global maritime sector is facing a critical challenge of responding to stringent regulations for emissions reduction, improving vessel efficiency, and protection of aquatic ecosystem. The International Maritime Organization (IMO) has been driving the adoption and implementation of sustainability strategies with targets for 2020, 2030 and 2050.
Sulphur emissions reduction in 2020 and Ballast Water Management enforcement in 2018 are some of the recent sustainability requirements that were brought into force by IMO, driving the technology adoption by maritime stakeholders to meet such requirements.With stringent emission reduction and efficiency improvement targets in place till 2050, there will be increased need for developing technologies that will aid the maritime sector for achieving improved sustainability.
The analyst identifies emission control, fuel switching, digitization and waste management as the key growth opportunities enabling emissions reduction and improved efficiency in maritime sector.
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The global sonobuoy market grew at a CAGR of around 6% during 2014-2019. A sonobuoy refers to a portable sonar system that is used for tracking underwater objects and conducting research. It consists of a radio transmitter and hydrophones for transmitting ultra-high frequency (UHF). The sonobuoys are launched into the...
The global marine composites market grew at a CAGR of around 6% during 2014-2019. Marine composites refer to a mixture of fibers and resin materials that are used to shape and reinforce marine components. Ferrocement, glass-reinforced plastic, wood fibers, carbon composites and aramid fiber are some of the most commonly...
264 pages •
By Persistence Market Research
• Apr 2020
Marine Buoys Market - Scope of the Report
This report on the global marine buoys market. The report provides detailed valuation on key market dynamics, such as the drivers, trends, opportunities, and restraints, along with detailed information about the marine buoys market structure. This market research report presents...