The Fact.MR report offers key insights on the marine shaft power meter market for the period 2018-2028. According to the report, marine shaft power meter market is expected to register 3.0% CAGR in terms of volume between 2018 and 2028. According to a recent Fact.MR study, over 1,900 units of marine shaft power meter are likely to be sold in 2019. Growth of the marine shaft power meter market can be attributed to various factors including
- Growing seaborne trade that relies heavily on cargo carriers
- Development of technically advanced and cost-effective solution and increasing demand for new marine shaft power meter to optimize fuel saving
- Imposition of new regulations on the shipping industry to reduce greenhouse gas emission
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.
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.
Request For Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=1504
APEJ to Retain its Hegemony in Marine Shaft Power Meter Market
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.
The FactMR report offers key insights on the marine shaft power meter market for the period 2018-2028.
According to the report, marine shaft power meter market is expected to register 3.0% CAGR in terms of volume between 2018 and 2028.
According to a recent Fact.MR study, over 1,900 units of marine shaft power meter are likely to be sold in 2019.
Growth of the marine shaft power meter market can be attributed to various factors includingGrowing seaborne trade that relies heavily on cargo carriersDevelopment of technically advanced and cost-effective solution and increasing demand for new marine shaft power meter to optimize fuel savingImposition of new regulations on the shipping industry to reduce greenhouse gas emissionThe 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.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.
This study on the Marine Shaft Power Meter market gives the stakeholder and CXOs unmatched insights that can help to take their business to great heights.
The study is a diverse mix of data from local expertise, a deep focus on niche and emerging technologies, and global coverage on all aspects related to the growth of the Marine Shaft Power Meter market.
The researchers at Fact.MR follow the F.I.X (Focus on trends.
This mechanism focuses on fixing the problems in the way of the stakeholders and CXOs in the Marine Shaft Power Meter market.
Request to View Sample of Research Report @ https://www.factmr.com/connectus/sample?flag=S_id=1504Focus on Trends The researchers at Fact.MR carry scrutinized research on all the trends surrounding the Marine Shaft Power Meter market.
The regions included in the study on the Marine Shaft Power Meter market are as follows: North AmericaLatin AmericaEuropeJapanAPEJMEACOVID-19 Impact The COVID-19 outbreak has created havoc across the world.
