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

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players 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.

REQUEST CUSTOMIZATION

Automated Mooring Market

Pre Book