Ballast Water Management Market Analysis APAC, Europe, North America, Middle East and Africa, South America - US, Singapore, China, UK, Norway - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 170 SKU: IRTNTR44125

Ballast Water Management Market Report Summary

The ballast water management market size is forecast to increase by USD 101,986.12 million. The market is estimated to grow at a CAGR of 31.86% between 2022 and 2027. The growth of the market depends on several factors, such as the adverse impact of untreated ballast water on the marine environment, the growing marine logistics business, and stringent government regulations to avoid the transfer of invasive marine species.

This market analysis and report includes an in-depth analysis of drivers, trends, and challenges. 

What will be the size of the Ballast Water Management Market During the Forecast Period?

Ballast Water Management Market Forecast 2023-2027

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Market Dynamics

Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market.   

Market Driver - Growing marine logistics business

Maritime transport is important in cross-border transport networks and the key pillar of globalization that facilitates international trade and supports supply chains. Additionally,  maritime transport enables industrial development by facilitating manufacturing growth, bringing together consumers, intermediate and capital goods industries, and promoting regional economic and trade integration.

Moreover, some of the countries which are significant contributors to the seaborne trade include developing countries such as Asia, Oceania, and Africa. Furthermore, several application of big data analytics in the shipping industry has been offering enhanced visibility into the market as well as pricing trends, thereby enabling the shippers to select optimal routes, and fuel consumption patterns, gauge the weather conditions, and avoid piracy risks.  Hence, such factors are expected to drive the growth of the market during the forecast period.

Market Trends and Analysis - Technological advances in marine management

Several market players are launching technologically advanced solutions to overcome the drawbacks of traditional ballast water management systems and fuel the demand in the market. For example,  Flow Water Technologies Ltd. offers a carbon-neutral ballast water management system called FlowSafe. The main advantage of this system is that it is extremely compact and constitutes one machine and multiple ballast lines hence making it the best option for pump rooms or tankers that are hard to fit.

Additionally, Atlantium Technologies' proprietary One-pass approach requires the operation of the technology only during ballasting and thus minimizes the total energy consumption by half when compared with traditional ballast water treatment. Thus, such developments are expected to increase the efficiency of ballast water treatment plants which in turn will drive market growth during the forecast period.

Market Challenge - Toxic by-products

There has been an increase in the development of systems based on different physical and/or chemical technologies for onboard installation. Combinations of high-performance filters with oxidizing chemicals or UV radiation are some of the commonly used systems. But the oxidative water treatment lead to the formation of disinfection by-products, which impart characteristics including genotoxicity, carcinogenicity, or other long-term toxicity.

Furthermore, in natural biota, genetic damage might affect reproduction which in turn impacts biodiversity. Trihalomethanes, halo-acetic acids, and bromate are some of the most common disinfection by-products formed during the oxidative treatment of ballast water. Hence, such disinfectant can negatively impact the market which in turn will hinder the market growth during the forecast period.

Market Segmentation by End-user, Technology, and Geography

End-user Segment Analysis:

The container ships segment is estimated to witness significant growth during the forecast period. Containerization is the technique by which a cargo ship carries all its load in truck-size intermodal containers. There is increasing adoption of container ships across large-scale industries due to its several advantages such as cargo can be loaded and discharged much faster than for general cargo ships. Additionally, the networks are well-connected in container ships and offer a wide variety of shipping options.

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The container ships segment was the largest segment and was valued at USD 3,923.09 million in 2017. Several market players such as Alfa Laval Corp AB in the market offer container ships. Furthermore, the demand for this segment came to a halt during COVID-19, and the demand started to slightly increase post the pandemic.  As per the Global Economic Prospects report, the world bank recorded the strongest post-recession global growth in 80 years. The bank raised its forecast by 1.5 points to 5.6% for global growth in 2021 with China touching 8.5% and the US at 6.8%. Hence, such factors are expected to drive the growth of this segment which in turn will fuel the market growth during the forecast period.

Technology Segment Analysis:

Based on technology, the segment is classified into physical disinfection, chemical method, and mechanical method. Physical disinfection comprises UV light, ultrasound, heat, deoxygenation, coagulation, cavitation, and pressure or vacuum-based systems. The cavitation process of ballast water management is a type of process in this segment that is induced by ultrasonic energy or gas injection that disrupts the cell wall of microorganisms present in the ballast water. This is widely used as a pre-treatment method to supplement the overall process. Furthermore, several market players are developing technologically advanced systems to overcome the shortcomings of existing systems. Hence, such developments are expected to fuel the growth of this segment which in turn will drive the market growth during the forecast period.

Regional Analysis

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APAC is estimated to contribute 44% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period.  One of the main factors which is significantly contributing to the growth of the market in APAC is the rapid growth in the shipping industry for the economic development of the region. For instance, China is expected to control more than 50% of the overall financing market for the shipping industry by 2025.

Additionally, as shipowners are working on making their vessels compliant with the BWM Convention regulations that came into force in September 2017 for all the new build vessels, there is an increasing demand for ballast water management systems in the region. Hence, such factors are expected to drive the market in the APAC region during the forecast period.

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

AB SKF: The company offers ballast water management which helps to prevent invasive species such as microbes being transferred from one shipping region to another.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:

ALFA LAVAL, BioMicrobics Inc., Bio-Uv, Calgon Carbon Corp., Ecochlor Inc., Evoqua Water Technologies LLC, GEA Group AG, Headway Technology Group (Qingdao) Co. Ltd., Industrie De Nora Spa, JFE Holdings Inc., KURARAY Co. Ltd., Mitsubishi Heavy Industries Ltd., Optimarin AS, PANASIA Co. Ltd., Samsung Electronics Co. Ltd., TECHCROSS, Veolia Environnement SA, Wartsila Corp., and Xylem Inc.

Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Market Analyst Overview

The Ballast Water Treatment System Market is driven by growing concerns over marine ecosystem preservation and the need to mitigate the spread of pollutants and toxic species transported by ships. Utilizing physical disinfection technology, these systems address installation and maintenance expenses while meeting stringent regulations set by regulatory bodies such as the United States Coast Guard (USCG) and the International Maritime Organization (IMO). With a focus on safety, efficiency, and durability, the market caters to various fleet types including bulk carriers, merchant ships, and vessels transporting commodities like grains, coal, and cement. As the compliance deadline approaches and regulations such as the Ballast Water Management (BWM) Convention are enforced, ship-owning economies are increasingly investing in technological advancements and safety procedures to ensure environmental protection and reduce dangerous emissions.

Segment Overview

This market  growth and trends report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • End-user Outlook (USD Million, 2017 - 2027)
    • Container ships
    • Bulk carriers
    • Oil tankers
    • General cargo
  • Technology Outlook (USD Million, 2017 - 2027)
    • Physical disinfection
    • Chemical method
    • Mechanical method
  • Geography Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Ballast Water Management Market Scope

Report Coverage

Details

Page number

170

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 31.86%

Market growth 2023-2027

USD 101,986.12 million

Market structure

Fragmented

YoY growth 2022-2023(%)

30.67

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 44%

Key countries

US, Singapore, China, UK, and Norway

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

AB SKF, ALFA LAVAL, BioMicrobics Inc., Bio-Uv, Calgon Carbon Corp., Ecochlor Inc., Evoqua Water Technologies LLC, GEA Group AG, Headway Technology Group (Qingdao) Co. Ltd., Industrie De Nora Spa, JFE Holdings Inc., KURARAY Co. Ltd., Mitsubishi Heavy Industries Ltd., Optimarin AS, PANASIA Co. Ltd., Samsung Electronics Co. Ltd., TECHCROSS, 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 the 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.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting between  2023 and 2027
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Market Growth Analysis across APAC, Europe, North America, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of key market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global ballast water management market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global ballast water management market 2017 - 2021 ($ million)
    • 4.2 End-User Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – End-User Segment 2017 - 2021 ($ million)
    • 4.3 Technology Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Technology Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Container ships - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Container ships - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Container ships - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Container ships - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Container ships - Year-over-year growth 2022-2027 (%)
    • 6.4 Bulk carriers - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Bulk carriers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Bulk carriers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Bulk carriers - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Bulk carriers - Year-over-year growth 2022-2027 (%)
    • 6.5 Oil tankers - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Oil tankers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Oil tankers - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Oil tankers - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Oil tankers - Year-over-year growth 2022-2027 (%)
    • 6.6 General cargo - Market size and forecast 2022-2027
      • Exhibit 46: Chart on General cargo - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on General cargo - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on General cargo - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on General cargo - Year-over-year growth 2022-2027 (%)
    • 6.7 Market opportunity by End-user
      • Exhibit 50: Market opportunity by End-user ($ million)
      • Exhibit 51: Data Table on Market opportunity by End-user ($ million)

    7 Market Segmentation by Technology

    • 7.1 Market segments
      • Exhibit 52: Chart on Technology - Market share 2022-2027 (%)
      • Exhibit 53: Data Table on Technology - Market share 2022-2027 (%)
    • 7.2 Comparison by Technology
      • Exhibit 54: Chart on Comparison by Technology
      • Exhibit 55: Data Table on Comparison by Technology
    • 7.3 Physical disinfection - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Physical disinfection - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Physical disinfection - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Physical disinfection - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Physical disinfection - Year-over-year growth 2022-2027 (%)
    • 7.4 Chemical method - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Chemical method - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Chemical method - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Chemical method - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Chemical method - Year-over-year growth 2022-2027 (%)
    • 7.5 Mechanical method - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Mechanical method - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Data Table on Mechanical method - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Chart on Mechanical method - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Mechanical method - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Technology
      • Exhibit 68: Market opportunity by Technology ($ million)
      • Exhibit 69: Data Table on Market opportunity by Technology ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 72: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 Singapore - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Singapore - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on Singapore - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on Singapore - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Singapore - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 US - Market size and forecast 2022-2027
      • Exhibit 103: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.11 UK - Market size and forecast 2022-2027
      • Exhibit 107: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.12 Norway - Market size and forecast 2022-2027
      • Exhibit 111: Chart on Norway - Market size and forecast 2022-2027 ($ million)
      • Exhibit 112: Data Table on Norway - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Chart on Norway - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on Norway - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ million)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 AB SKF
              • Exhibit 123: AB SKF - Overview
              • Exhibit 124: AB SKF - Business segments
              • Exhibit 125: AB SKF - Key news
              • Exhibit 126: AB SKF - Key offerings
              • Exhibit 127: AB SKF - Segment focus
            • 12.4 ALFA LAVAL
              • Exhibit 128: ALFA LAVAL - Overview
              • Exhibit 129: ALFA LAVAL - Business segments
              • Exhibit 130: ALFA LAVAL - Key offerings
              • Exhibit 131: ALFA LAVAL - Segment focus
            • 12.5 Ecochlor Inc.
              • Exhibit 132: Ecochlor Inc. - Overview
              • Exhibit 133: Ecochlor Inc. - Product / Service
              • Exhibit 134: Ecochlor Inc. - Key offerings
            • 12.6 Evoqua Water Technologies LLC
              • Exhibit 135: Evoqua Water Technologies LLC - Overview
              • Exhibit 136: Evoqua Water Technologies LLC - Business segments
              • Exhibit 137: Evoqua Water Technologies LLC - Key news
              • Exhibit 138: Evoqua Water Technologies LLC - Key offerings
              • Exhibit 139: Evoqua Water Technologies LLC - Segment focus
            • 12.7 GEA Group AG
              • Exhibit 140: GEA Group AG - Overview
              • Exhibit 141: GEA Group AG - Business segments
              • Exhibit 142: GEA Group AG - Key offerings
              • Exhibit 143: GEA Group AG - Segment focus
            • 12.8 Headway Technology Group (Qingdao) Co. Ltd.
              • Exhibit 144: Headway Technology Group (Qingdao) Co. Ltd. - Overview
              • Exhibit 145: Headway Technology Group (Qingdao) Co. Ltd. - Product / Service
              • Exhibit 146: Headway Technology Group (Qingdao) Co. Ltd. - Key offerings
            • 12.9 Industrie De Nora Spa
              • Exhibit 147: Industrie De Nora Spa - Overview
              • Exhibit 148: Industrie De Nora Spa - Business segments
              • Exhibit 149: Industrie De Nora Spa - Key offerings
              • Exhibit 150: Industrie De Nora Spa - Segment focus
            • 12.10 JFE Holdings Inc.
              • Exhibit 151: JFE Holdings Inc. - Overview
              • Exhibit 152: JFE Holdings Inc. - Business segments
              • Exhibit 153: JFE Holdings Inc. - Key offerings
              • Exhibit 154: JFE Holdings Inc. - Segment focus
            • 12.11 KURARAY Co. Ltd.
              • Exhibit 155: KURARAY Co. Ltd. - Overview
              • Exhibit 156: KURARAY Co. Ltd. - Business segments
              • Exhibit 157: KURARAY Co. Ltd. - Key offerings
              • Exhibit 158: KURARAY Co. Ltd. - Segment focus
            • 12.12 Optimarin AS
              • Exhibit 159: Optimarin AS - Overview
              • Exhibit 160: Optimarin AS - Product / Service
              • Exhibit 161: Optimarin AS - Key offerings
            • 12.13 PANASIA Co. Ltd.
              • Exhibit 162: PANASIA Co. Ltd. - Overview
              • Exhibit 163: PANASIA Co. Ltd. - Product / Service
              • Exhibit 164: PANASIA Co. Ltd. - Key offerings
            • 12.14 Samsung Electronics Co. Ltd.
              • Exhibit 165: Samsung Electronics Co. Ltd. - Overview
              • Exhibit 166: Samsung Electronics Co. Ltd. - Business segments
              • Exhibit 167: Samsung Electronics Co. Ltd. - Key news
              • Exhibit 168: Samsung Electronics Co. Ltd. - Key offerings
              • Exhibit 169: Samsung Electronics Co. Ltd. - Segment focus
            • 12.15 Veolia Environnement SA
              • Exhibit 170: Veolia Environnement SA - Overview
              • Exhibit 171: Veolia Environnement SA - Business segments
              • Exhibit 172: Veolia Environnement SA - Key news
              • Exhibit 173: Veolia Environnement SA - Key offerings
              • Exhibit 174: Veolia Environnement SA - Segment focus
            • 12.16 Wartsila Corp.
              • Exhibit 175: Wartsila Corp. - Overview
              • Exhibit 176: Wartsila Corp. - Business segments
              • Exhibit 177: Wartsila Corp. - Key offerings
              • Exhibit 178: Wartsila Corp. - Segment focus
            • 12.17 Xylem Inc.
              • Exhibit 179: Xylem Inc. - Overview
              • Exhibit 180: Xylem Inc. - Business segments
              • Exhibit 181: Xylem Inc. - Key offerings
              • Exhibit 182: Xylem Inc. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 183: Inclusions checklist
                • Exhibit 184: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 185: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 186: Research methodology
                • Exhibit 187: Validation techniques employed for market sizing
                • Exhibit 188: Information sources
              • 13.5 List of abbreviations
                • Exhibit 189: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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