Automated Mooring Market: Introduction

  • Automated mooring system is a vacuum-based automatic technology that allows a vessel to be moored without rope. The technology enhances operational efficiency, improves safety, and enables port to save on infrastructure by reducing the need to increase the berth capacity.
  • Automated mooring system reduces carbon dioxide emissions, fuel consumption, and docking time. It also eliminates the non-productive berth space in-between ships and at the end of quay.

Is something restraining your company’s growth in the Automated Mooring Market? Ask for the report brochure here

Key Drivers & Restrains of Automated Mooring Market

  • Advancements in design of mooring systems to improve operational efficiency, along with the rise in demand for energy is expected to drive the automated mooring market during the forecast period. Automated mooring system reduces waiting time and improves cargo-handling operations.
  • Surge in investments in seaborne trade activities due to increase in purchasing power, along with rapid urbanization is expected to augment the global automated mooring market. As per the Review of Maritime Transport 2018, coal’s seaborne trade increased from 1.159 billion tons in 2017 to 1.202 billion tons in 2017 Furthermore, stringent regulations to reduce greenhouse gas emissions is likely to fuel market growth. Automated mooring system reduces over 90% of GHG emissions during ship berthing, owing to reduced use of ship and tug engines.
  • High cost associated with offshore drilling activities is anticipated to hamper market growth during the forecast period

Vacuum Mooring Type Segment to Hold Major Share of Global Market

  • The global automated mooring market can be segmented based on type, application, and region
  • In terms of type, the global automated mooring market can be divided into vacuum mooring and magnetic mooring. Vacuum mooring is one of the most extensively used mooring types due to its ability to optimize operational efficiency and improve safety levels. It utilizes the hydraulic and vacuum technology to eliminate mooring lines and increase the efficiency of the berthing process. Presently, the magnetic mooring system is in initial phase and is expected to witness significant growth during the forecast period due to its ability to reduce the percentage of casualties and enhance safety.
  • In terms of application, the global automated mooring market can be divided into container, cargo, and passengers. The cargo segment is expected to witness significant growth due to rise in demand for efficient and affordable mode of transporting goods and increase in investments in marine trade.

Stuck in a neck-to-neck competition with other brands? Request a custom report on competition on Automated Mooring Market here

North America Expected to Hold a Major Share of Global Automated Mooring Market

  • In terms of region, the global automated mooring market can be divided into: Middle East & Africa, Latin America, Asia Pacific, Europe, and North America
  • The automated mooring market in North America is expected to expand at a significant pace during the forecast period. This growth of the market can be attributed to investments in exploration and production of unconventional and conventional resources in offshore region to cater the rise in crude oil demand.
  • This automated mooring market in Asia Pacific is projected to expand at the maximum CAGR during the forecast period due to increase in capital expenditure for the development of shipbuilding infrastructure. Rise in shipbuilding activities in developing nations, including India, China, Japan, and other Southeast Asia countries is also expected to promote market growth. Furthermore, surge in demand for energy due to rapid urbanization, along with strong economic growth is also anticipated to propel market growth.
  • The automated mooring market in Europe is also projected to witness growth during the forecast period due to rise in seaborne trade activities, especially through the Mediterranean Sea and the Sea of Marmara. Furthermore, introduction of strict regulations to reduce carbon emissions is also expected to drive market growth.
  •  The automated mooring market in Latin America and Middle East & Africa is anticipated to expand at a sluggish pace during the forecast period due to abundant availability of proved and proven oil & gas reserves in deep & ultra-deep water

Key Players Operating in Global Automated Mooring Market

Leading companies operating in the global automated mooring market include:

  • Cavotec SA
  • Trelleborg Marine and Infrastructure
  • TTS Group ASA
  • MacGregor (Cargotec Corporation)
  • Mampaey Offshore Industries
  • C-Quip

Global Automated Mooring Market: Research Scope

Global Automated Mooring Market, by Type

  • Vacuum Mooring
  • Magnetic Mooring

Global Automated Mooring Market, by Application

  • Cargo
  • Container
  • Passengers
  • Other

Global Automated Mooring Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Norway
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Thailand
    • Indonesia
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Iran
    • Kuwait
    • Oman
    • South Africa
    • Rest of Middle East & Africa

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Automated Mooring Market

Pre Book