Marine Shaft Power Meter Market: Growing Use of Water Crafts for Transportation and Recreation to Dr
[170 Pages Report] Marine Shaft Power Meter Market research report categorizes the global market by Vessel Type, by Application, by Sales Channel, by Display Type, By Region.
[USPRwire, Thu Sep 26 2019]
The study opines that cargo carriers hold relatively larger share of the marine shaft power meter market, than passenger vessels. More than 50% volume sales of the marine shaft power meter were held by cargo carriers in 2018. This can be attributed to efforts of ship owners in Germany, China, and Canada, toward strengthening their hold in the container space, in line with the upward trend of container-based shipping services in sea-borne trade.
Request for the Report Summary: https://www.factmr.com/report/1504/marine-shaft-power-meter-market
Seaborne trade will continue to expand worldwide on the back of competitive freight cost, as carriers increasingly invest in large container vessels for realizing the supply and demand balance. Freight carriers are also making significant investments in green technologies, to comply with new regulations, and meet logistics demands of companies that seek sustainable transport solution.
The Fact.MR study estimates robust sales of the marine shaft power meter in cargo ships and tankers, along with steady demand from passenger vessels, including high-speed crafts, fishing vessels, and cruise liners. Adoption of marine shaft power meters in passenger vessels is underpinned by the requirement of optimum fuel consumption, and investigating engine performance, and shaft power measurement solutions.
APEJ is expected to hold pole position in the marine shaft power meter market in 2019, with volume sales envisaged to surpass 1,000 units. Revenues from the marine shaft power meter market in Japan are expected to be relatively lower than APEJ. These regions with their flourishing shipping industry and increasing marine trade offer potential growth opportunities for marine shaft power meter manufacturers.
Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=1504
Developing countries in APEJ such as China and South Korea are highly lucrative markets for marine shaft power meter collectively accounting for over four-fifth volume share, finds Fact.MR study. Ongoing recovery of shipbuilding activities is a key factor driving demand for marine shaft power meter in these APEJ countries.
“Technological advances in the shipping industry including autonomous ships and blockchain application, hold considerable promise for the supply side of shipping. Combining on-board system and digital platforms is also on a rise in vessels and cargo. The volume of world trade by sea has started to gradually increase in recent years, with growing demand for goods and raw materials by emerging economies,” reveals Fact.MR study.
Request for the Report Customization: https://www.factmr.com/connectus/sample?flag=RC&rep_id=1504
Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.
Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.
The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.
27 Upper Pembroke Street,
Dublin 2, Ireland