The Deep Sea, Coastal, And Great Lakes Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
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According to The Business Research Company’s Deep Sea, Coastal, And Great Lakes Global Market Report 2024, The deep sea, coastal, and great lakes market size has grown strongly in recent years. It will grow from $563.52 billion in 2023 to $596.12 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to global trade and economic growth, commodity transport, maritime infrastructure development, manufacturing and consumer goods.
The deep sea, coastal, and great lakes market size is expected to see strong growth in the next few years. It will grow to $729.44 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to digitalization and automation, resilience and climate change mitigation, supply chain diversification, maritime safety and security. Major trends in the forecast period include alternative fuels and energy transition, emission reduction and sustainability, digitalization and automation, port infrastructure expansion.
Water transportation service companies are increasingly using sensor technologies to enable monitoring of remote locations of ships. A sensor is a device that detects and responds to some type of input from the physical environment. The specific input could be light, heat, motion, moisture, pressure, or any one of several other environmental phenomena present on the ship. Sensors in remote locations of ships collect data autonomously and relay the data to the control room in real-time. The data captured by the sensor allows ship owners to improve the overall maintenance cycle of visits, including condition monitoring and condition-based monitoring. For instance, NoraSens and Silicon Radar are some of the company’s manufacturing sensors for ships.
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The deep sea, coastal, and great lakes market covered in this report is segmented –
1) By Type: Deep Sea Transport; Coastal and Great Lakes Transport
2) By Application: Onshore; Offshore
Top Major Players
AP Moller – Maersk A/S
China Ocean Shipping Company Limited
Cargill Incorporated
CMA CGM S.A.
Hapag-Lloyd AG
The deep sea, coastal, and great lakes market report table of contents includes:
1. Executive Summary
2. Deep Sea, Coastal, And Great Lakes Market Characteristics
3. Deep Sea, Coastal, And Great Lakes Product/Service Analysis -Product/Service Examples
4. Deep Sea, Coastal, And Great Lakes Market Trends And Strategies
5. Deep Sea, Coastal, And Great Lakes Market – Macro Economic Scenario
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68. Global Deep Sea, Coastal, And Great Lakes Market Competitive Benchmarking
69. Global Deep Sea, Coastal, And Great Lakes Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Deep Sea, Coastal, And Great Lakes Market
71. Deep Sea, Coastal, And Great Lakes Market Future Outlook and Potential Analysis
72. Appendix
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