Automated Marine Debris Collection Equipment Market: Snapshot
The issue of marine debris is becoming more complex and bigger with each passing year. This, combined with the poor infrastructure for marine debris collection in Mediterranean countries and advancement in the understanding of how marine debris impact the environment and marine ecosystems are driving developments and innovations in the field of marine debris collection equipment. In this scenario, the move from the tedious and slow varieties of manual equipment to the swifter and more efficient automatic ones seems inevitable.
This market study provides an understanding and potential adoption of a conceptualized automated marine debris collection equipment across the Mediterranean region. The concept equipment is an unmanned or remotely controlled system (compact boat) designed to work in a self-contained environment, with the option of treating debris on-board or off shore. The system is typically expected to be capable of substituting the conventional hand-pick and mechanical litter collection methods. Transparency Market Research states that the market for such an automated marine debris collection equipment is anticipated to attain an average adoption level of 8% in the early year (2018) of introduction, reaching 10.2% by 2024.
This expected adoption level is measured for the estimated total accessible market in the Mediterranean region, comprising of users across segments such as government and municipality, fisheries, hospitality, others (NGOs, etc.). The anticipated level of adoption across these sectors is examined for the period between 2018 and 2024.
Importance of Cleaner Shores in Attracting Tourists to Drive Adoption in Hospitality Sector
Among the different targeted end-users of automated marine debris collection equipment, the hospitality and government and municipality sectors are expected to be the most lucrative ones, considering the direct relevance of clean environment (shores) for the hospitality business and the social stability of coastal countries. Owing to the same reasons, countries with flourishing hospitality sector and high pace of urbanization are also identified as potential markets for near term market success of automated marine debris collection equipment. The government and municipality end-use segment is anticipated to attain average adoption level contribution of 3.11% in 2018.
Availability of Funds and Proactive Initiatives to Help France Take Lead
Countries such as France, Italy and Spain in the Mediterranean are considered to be the potential early adopters of automated marine debris collection equipment as these currently have access to a larger share in funds provided by the Mediterranean Action Plan (initiated by United Nations Environment Program). Likewise, programs such as the Environment LIFE program by European Commission and dedicated government efforts are expected to further drive the market potential for automated marine debris collection equipment in these countries over the said period.
In 2018, France, with a projected adoption level of 16.85% (TAM %), is anticipated to largely dominate the Mediterranean automatic marine debris collection equipment market followed by countries including Italy, Croatia and Spain. The increasing marine litter throughout the coastline and various coastal clean-up project and initiatives undertaken across these countries on a regular basis will lay the foundation for adoption of the more effective automated marine debris collection equipment across these countries. Apart from these countries Greece and Morocco are also anticipated to have significant adoption level for such equipment.
There are no companies in the market who have tried their luck in the field of automated marine debris collection equipment so far. However, certain companies manufacturing manual debris collection boats are expected to be the potential contenders in the market in the near future. Some of the chief companies operating in the manual debris collection equipment market are United Marine International, Liverpool Water Witch Marine and Engineering Co. Ltd., U.S.?based Elastec, and Harbor Clean.
Mediterranean Automated Marine Debris Collection Equipment Market: Scope and Methodology
The automated marine debris collection equipment market report provides a comprehensive analysis and forecast of the automated marine debris equipment market in the Mediterranean region including countries such as Italy, France, Spain, Croatia, Morocco, Israel, Cyprus, Greece and Rest of Mediterranean. The analysis and projections are provided for the period from 2018 – 2024.
The automated marine derris collection equipment is a conceptualized automated or remotely controlled system used to keep the coast and marine water clean from litter/debris. The automatic or remotely controlled marine debris collection system is designed to work in a self-contained environment with the option to treat the debris/litter on-board or off shore
The report analysis the anticipated adoption level in terms of Total Addressable Market (TAM %) of such a conceptualized automated marine debris collection equipment across the Mediterranean region. The report covers countries wise all the prevalent trends anticipated to play a major role in the growth of automated marine debris collection equipment market over the forecast period. It also highlights various drivers, restraints, and opportunities expected to influence the adoption level across various major countries and end-use industry
The reports also provides concept testing analysis of such automated marine debris collection equipment on monetary and technical parameters including product type and provision of waste treatment. The monetary parameters considered includes initial cost of ownership of such automated marine debris collection equipment along with the operation cost.
The concept testing analysis covered in the report would assist in understanding the preference of end-use industry segment in for automated or remotely controlled and for on-board or off-shore waste treatment process.
The report takes into consideration amount of plastic waste littered and funds allocated for marine debris removal and coastal clean-up activities. Furthermore, the report also analyze the current market for such marine debris collection equipment serving the same purpose. The current market analysis covers details including the estimated cost of ownership, load capacity, vital components and OEMs manufacturing range of boats and equipment for debris collection & litter removal
Mediterranean Automated Marine Debris Collection Equipment Market: Segmentation
Based on the analysis and anticipated adoption levels, the report also provide the potential markets and end-use industry segments to target and also projected the sales volume of automated marine debris collection equipment for 2018 and 2024
The report also provide industry evolution for such a conceptualized equipment in the Mediterranean countries. The end-use industry segment covered in the report includes government and municipality, fisheries, hospitality and others (NGOs etc.). The report also provides extensive analysis of the end-use industry market in all the major countries including Italy, Spain, France, Croatia, Morocco, Cyprus, Greece, Israel and the Rest of the Mediterranean region. The end-use comparison matrix is also covered in the report. The report shares key finding for each country covered in the scope of the study for end-use industry segment
For the end-use industry analysis, the report provides anticipated adoption level contribution (TAM %) in individual countries. The report provides key market indicators for automated marine debris equipment market which include Mediterranean countries overall waste generation analysis
The report also highlights the key programs and initiatives that had been taken by various countries in the Mediterranean region and analyze key focus area of these programs and initiates on the following parameters recycling/reducing, education/awareness, and coast & marine litter cleaning and advanced equipment/boat usage.
The reported analysis and forecast for automated marine debris collection equipment market would assist in understanding the anticipated prominent end-use industries and factors affecting adoption trend across the regional market.
The Mediterranean automated marine debris collection equipment market has been segmented as follows:
Mediterranean Automated Marine Debris Collection Equipment Market, By Country
- Rest of Mediterranean
Mediterranean Automated Marine Debris Collection Equipment Market, By End-use Industry
- Government and Municipality
- Others (NGOs, etc.)