Ballast Water Management Market Segmentation by technology and geography | Evolving Opportunities with Alfa Laval AB and Evoqua Water Technologies LLC | Technavio

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NEW YORK, July 8, 2022 /PRNewswire/ — The Ballast Water Management Market is segmented into two categories based on the technology (physical disinfection, chemical method, and mechanical method) and geography (APAC, Europe, North America, MEA, and South America). The market share is expected to increase by USD 3.21 billion, and the market’s growth momentum will accelerate at a CAGR of 4.73%.

Technavio has announced its latest market research report titled Ballast Water Management Market by Technology and Geography - Forecast and Analysis 2021-2025

Technavio offers an up-to-date analysis of the current global market scenario and the overall market environment. Get Sample Report

Key Market Driver

The negative effects of untreated ballast water on the maritime environment are one of the major drivers boosting the ballast water management market. The seawater that ships take onboard and store in their ballast tanks to help them maintain stability and balance when loading and unloading are known as ballast water. As the ship sets out on its journey, ballast water is absorbed from the coastal waters and corrected as the cargo is loaded and discharged. Technology advancements are a major driver fueling the ballast water management market’s expansion. Click here for a sample now!

Ballast Water Management Companies:

Backed with competitive intelligence and benchmarking, our research reports on the Ballast Water Management Market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

  • Alfa Laval AB
  • Ecochlor Inc.
  • Evoqua Water Technologies LLC
  • GEA Group Aktiengesellschaft
  • Headway Technology Group (Qingdao) Co. Ltd.
  • PANASIA Co. Ltd.
  • Samsung Heavy Industries Co. Ltd.
  • VEOLIA ENVIRONNEMENT SA
  • Wartsila Corp.
  • Xylem Inc.

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read Latest Sample Report. 

Ballast Water Management Segmentation

During the anticipated time, physical disinfection will contribute significantly to the market share growth of ballast water management. This section discusses various methods for managing ballast water, including as UV light, ultrasound, heat, deoxygenation, coagulation, cavitation, and pressure- or vacuum-based systems. Vendors are creating cutting-edge technical methods to address the inadequacies of current systems, such as light cleaning.

View Sample Report: for highlights and key points on various market segments and their impact in coming years. 

Ballast Water Management Regional Outlook

APAC will account for 45% of market growth. The main markets in APAC for ballast water control are Singapore, China, and the Marshall Islands. The market in this region will grow more slowly than the markets in the MEA regions. Due to the shipowners’ efforts to bring their boats into compliance with the BWM Convention requirements, there has been an increase in the demand for ballast water management systems in the area.

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a sample report

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Ballast Water Management Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4.73%

Market growth 2021-2025

$ 3.21 billion

Market structure

Fragmented

YoY growth (%)

4.05

Regional analysis

APAC, Europe, North America, MEA, and South America

Performing market contribution

APAC at 45%

Key consumer countries

Panama, Liberia, Marshall Islands, Singapore, and China

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Alfa Laval AB, Ecochlor Inc., Evoqua Water Technologies LLC, GEA Group Aktiengesellschaft, Headway Technology Group (Qingdao) Co. Ltd., PANASIA Co. Ltd., Samsung Heavy Industries Co. Ltd., VEOLIA ENVIRONNEMENT SA, Wartsila Corp., and Xylem Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
    • Exhibit 03: Value Chain Analysis: Facilities Services
  • 2.2 Value chain analysis

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 05: Market segments
  • 3.2 Market segment analysis
  • 3.3 Market size 2020
  • 3.4 Market outlook: Forecast for 2020 – 2025
    • Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ billion)
    • Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 09: Bargaining power of buyers
  • 4.2 Bargaining power of buyers
    • Exhibit 10: Bargaining power of suppliers
  • 4.3 Bargaining power of suppliers
    • Exhibit 11: Threat of new entrants
  • 4.4 Threat of new entrants
  • 4.5 Threat of substitutes
    • Exhibit 12: Threat of substitutes
  • 4.6 Threat of rivalry
    • Exhibit 13: Threat of rivalry
    • Exhibit 14: Market condition – Five forces 2020
  • 4.7 Market condition

5 Market Segmentation by Technology

  • 5.1 Market segments
    • Exhibit 16: Comparison by Technology
  • 5.2 Comparison by Technology
    • Exhibit 17: Physical disinfection – Market size and forecast 2020-2025 ($ billion)
  • 5.3 Physical disinfection – Market size and forecast 2020-2025
    • Exhibit 18: Physical disinfection – Year-over-year growth 2020-2025 (%)
    • Exhibit 19: Chemical method – Market size and forecast 2020-2025 ($ billion)
  • 5.4 Chemical method – Market size and forecast 2020-2025
    • Exhibit 20: Chemical method – Year-over-year growth 2020-2025 (%)
    • Exhibit 21: Mechanical method – Market size and forecast 2020-2025 ($ billion)
  • 5.5 Mechanical method – Market size and forecast 2020-2025
    • Exhibit 22: Mechanical method – Year-over-year growth 2020-2025 (%)
    • Exhibit 23: Market opportunity by Technology
  • 5.6 Market opportunity by Technology

6 Customer landscape

  • 6.1 Overview

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 26: Geographic comparison
  • 7.2 Geographic comparison
    • Exhibit 27: APAC – Market size and forecast 2020-2025 ($ billion)
  • 7.3 APAC – Market size and forecast 2020-2025
    • Exhibit 28: APAC – Year-over-year growth 2020-2025 (%)
    • Exhibit 29: Europe – Market size and forecast 2020-2025 ($ billion)
  • 7.4 Europe – Market size and forecast 2020-2025
    • Exhibit 30: Europe – Year-over-year growth 2020-2025 (%)
    • Exhibit 31: North America – Market size and forecast 2020-2025 ($ billion)
  • 7.5 North America – Market size and forecast 2020-2025
    • Exhibit 32: North America – Year-over-year growth 2020-2025 (%)
    • Exhibit 33: MEA – Market size and forecast 2020-2025 ($ billion)
  • 7.6 MEA – Market size and forecast 2020-2025
    • Exhibit 34: MEA – Year-over-year growth 2020-2025 (%)
    • Exhibit 35: South America – Market size and forecast 2020-2025 ($ billion)
  • 7.7 South America – Market size and forecast 2020-2025
    • Exhibit 36: South America – Year-over-year growth 2020-2025 (%)
    • Exhibit 37: Key leading countries
  • 7.8 Key leading countries
  • 7.9 Market opportunity by geography
    • Exhibit 38: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
    • Exhibit 39: Impact of drivers and challenges
  • 8.3 Market trends

9 Vendor Landscape

  • 9.1 Competitive scenario
  • 9.2 Vendor landscape
    • Exhibit 41: Landscape disruption
  • 9.3 Landscape disruption
    • Exhibit 42: Industry risks

10 Vendor Analysis

  • 10.1 Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 44: Market positioning of vendors
    • Exhibit 45: Alfa Laval AB – Overview
    • Exhibit 46: Alfa Laval AB – Business segments
  • 10.3 Alfa Laval AB
    • Exhibit 47: Alfa Laval AB – Key news
    • Exhibit 48: Alfa Laval AB – Key offerings
    • Exhibit 49: Alfa Laval AB – Segment focus
    • Exhibit 50: Ecochlor Inc. – Overview
    • Exhibit 51: Ecochlor Inc. – Product and service
    • Exhibit 52: Ecochlor Inc. – Key offerings
  • 10.4 Ecochlor Inc.
    • Exhibit 53: Evoqua Water Technologies LLC – Overview
    • Exhibit 54: Evoqua Water Technologies LLC – Business segments
  • 10.5 Evoqua Water Technologies LLC
    • Exhibit 55: Evoqua Water Technologies LLC – Key offerings
    • Exhibit 56: Evoqua Water Technologies LLC – Segment focus
    • Exhibit 57: GEA Group Aktiengesellschaft – Overview
    • Exhibit 58: GEA Group Aktiengesellschaft – Business segments
  • 10.6 GEA Group Aktiengesellschaft
    • Exhibit 59: GEA Group Aktiengesellschaft – Key news
    • Exhibit 60: GEA Group Aktiengesellschaft – Key offerings
    • Exhibit 61: GEA Group Aktiengesellschaft – Segment focus
    • Exhibit 62: Headway Technology Group (Qingdao) Co. Ltd. – Overview
    • Exhibit 63: Headway Technology Group (Qingdao) Co. Ltd. – Product and service
    • Exhibit 64: Headway Technology Group (Qingdao) Co. Ltd. – Key offerings
  • 10.7 Headway Technology Group (Qingdao) Co. Ltd.
    • Exhibit 65: PANASIA Co. Ltd. – Overview
    • Exhibit 66: PANASIA Co. Ltd. – Product and service
    • Exhibit 67: PANASIA Co. Ltd. – Key offerings
  • 10.8 PANASIA Co. Ltd.
    • Exhibit 68: Samsung Heavy Industries Co. Ltd. – Overview
    • Exhibit 69: Samsung Heavy Industries Co. Ltd. – Business segments
  • 10.9 Samsung Heavy Industries Co. Ltd.
    • Exhibit 70: Samsung Heavy Industries Co. Ltd. – Key offerings
    • Exhibit 71: Samsung Heavy Industries Co. Ltd. – Segment focus
    • Exhibit 72: VEOLIA ENVIRONNEMENT SA – Overview
    • Exhibit 73: VEOLIA ENVIRONNEMENT SA – Business segments
  • 10.10 VEOLIA ENVIRONNEMENT SA
    • Exhibit 74: VEOLIA ENVIRONNEMENT SA- Key news
    • Exhibit 75: VEOLIA ENVIRONNEMENT SA – Key offerings
    • Exhibit 76: VEOLIA ENVIRONNEMENT SA – Segment focus
    • Exhibit 77: Wartsila Corp. – Overview
    • Exhibit 78: Wartsila Corp. – Business segments
  • 10.11 Wartsila Corp.
    • Exhibit 79: Wartsila Corp.- Key news
    • Exhibit 80: Wartsila Corp. – Key offerings
    • Exhibit 81: Wartsila Corp. – Segment focus
    • Exhibit 82: Xylem Inc. – Overview
    • Exhibit 83: Xylem Inc. – Business segments
  • 10.12 Xylem Inc.
    • Exhibit 84: Xylem Inc. – Key offerings
    • Exhibit 85: Xylem Inc. – Segment focus

11 Appendix

  • 11.1 Scope of the report
    • Exhibit 86: Currency conversion rates for US$
  • 11.2 Currency conversion rates for US$
    • Exhibit 87: Research Methodology
  • 11.3 Research methodology
    • Exhibit 88: Validation techniques employed for market sizing
    • Exhibit 89: Information sources
    • Exhibit 90: List of abbreviations
  • 11.4 List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

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