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Ballast Water Management : CAGR of 31.43% by 2018-21 Market : ALFA LAVAL, GEA Group, Hitachi, Veolia Water Technologies

Press Release - 24 April 2018

Global Research and Development News --
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Report Description-
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Marine vessels take seawater onboard for stability; this water has a distinct marine environment signature with indigenous aquatic microbes and marine life. This ballast water, if released untreated at the vessel's new destination, may disrupt the local ecosystem. Ballast water management aims at reducing the harmful effects of ballast water disposal. The International Maritime Organization (IMO) adopted a convention for the control, management, and sedimentation of ballast water on February 2004.
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Technavios analysts forecast the global ballast water management market to grow at a CAGR of 31.43% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global ballast water management market for 2017-2021. To calculate the market size, the report considers new installations and retrofit market.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Ballast Water Management Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
ALFA LAVAL
GEA Group
Hitachi
Veolia Water Technologies
Wrtsil
Other prominent vendors
atg UV Technology
Azienda Chimica Genovese
Calgon Carbon Corporation
Ecochlor
Evoqua Water Technologies
Headway Technology and Services
Hyde Marine
JFE ENGINEERING
Kadalneer Technologies
Kalf Engineering
NK
Optimarin
Panasonic Environmental Systems & Engineering
Samsung Heavy Industries
TECHCROSS
Trojan Technologies
Xylem
Market driver
Growing popularity of leisure cruising
For a full, detailed list, view our report
Market challenge
High cost of implementation
For a full, detailed list, view our report
Market trend
Business collaborations to streamline operations
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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 PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Global ballast water management market
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by technology
Global ballast water management market by technology
Ultraviolet light technology
Electrolysis/electrochlorination technology
Advanced oxidation technology
PART 07: Geographical segmentation
Global ballast water management market by geography
EMEA
APAC
Americas
PART 08: Decision framework
PART 09: Drivers and challenges
Market drivers
Market challenges
PART 10: Market trends
Business collaborations to streamline operations
Financing of ballast water management systems
Increasing R&D activities in ballast water technologies
PART 11: Vendor landscape
Competitive landscape
Other prominent vendors
PART 12: Key vendor analysis
ALFA LAVAL
GEA Group
Hitachi
Veolia Water Technologies
Wrtsil
PART 13: Appendix
List of abbreviations
List of Exhibits
Exhibit 01: Ballast water management plan details
Exhibit 02: Global ballast water management market: Overview 2016-2021
Exhibit 03: Global ballast water management market 2016-2021 ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Global ballast water management market by technology 2016 and 2021 (%)
Exhibit 06: Global ballast water management market by technology 2016-2021 ($ billions)
Exhibit 07: Global ballast water management market by ultraviolet light 2016-2021 ($ billions)
Exhibit 08: Advantages of different UV technologies
Exhibit 09: Global ballast water management market by electrolysis/electrochlorination 2016-2021 ($ billions)
Exhibit 10: Global fleet size by conventional vessel type 2015-2016 (% increment)
Exhibit 11: Global ballast water management market by advanced oxidation 2016-2021 ($ billions)
Exhibit 12: Advantages of AO technology
Exhibit 13: Global ballast water management market by geography 2016 and 2021 (%)
Exhibit 14: Global ballast water management market by geography 2016-2021 ($ billions)
Exhibit 15: Ballast water management market in EMEA 2016-2021 ($ billions)
Exhibit 16: Vessel ownership in Europe 2016 (%)
Exhibit 17: Ballast water management market in APAC 2016-2021 ($ billions)
Exhibit 18: Alien marine species introduced into APAC
Exhibit 19: Vessel ownership in Asia 2016 (%)
Exhibit 20: Ballast water management market in Americas 2016-2021 ($ billions)
Exhibit 21: Vessel ownership in the Americas 2016 (%)
Exhibit 22: Cruise passengers in Americas 2015

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