North America Hydrographic Equipment Market Worth $452.20 million by 2020 - PowerPoint PPT Presentation

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North America Hydrographic Equipment Market Worth $452.20 million by 2020

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The North America Hydrographic equipment market is estimated at $417.21 million in 2014, and it is expected to reach $452.20 million by 2020. North America is expected to grow in Hydrographic equipment market at a CAGR of 1.35%. – PowerPoint PPT presentation

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Title: North America Hydrographic Equipment Market Worth $452.20 million by 2020


1
Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts
  • North America Hydrographic Equipment Market Worth
    452.20 million by 2020

2

The Hydrographic Equipment market offers an
exclusive range of opportunities in the years to
come. In 2012 the Commercial ship industry saw
the largest shipbuilding change in its history.
The world merchant fleet has more than doubled
since 2001 in terms of gross tonnage.
Developments in the world economy and changes in
trade growth and patterns are shaping the demand
for enhanced maritime activity which in turn
demands for navigational aids such as nautical
charts, vessel traffic management at ports and
harbors.
3

The North America Hydrographic equipment market
is estimated at 417.21 million in 2014, and it
is expected to reach 452.20 million by 2020.
North America is expected to grow in Hydrographic
equipment market at a CAGR of 1.35. The major
challenge in this industry is that the market has
reached a stage of maturity in this region. The
driving factor in this market is the growing
international trade on sea routes. The high
numbers of seaports indicate increased vessel
traffic which demands for better information for
navigational information.
4






















Browse through the market data tables, figures
and detailed ToC on the North American
Hydrographic Equipment Market. http//www.microm
arketmonitor.com/market/north-america-hydrographic
-equipment-6227951530.html

5

The growth rate of world seaborne trade is
estimated at 3.1 and is expected to increase by
44 by 2020. The provision of hydrographic
services has been a fundamental enabler and an
important boost to many aspects of economic
development. Investment in hydrographic equipment
market is certainly going to serve as a good
opportunity, considering the ever growing need
for charted waters support and maritime commerce.
6
Latin American Hydrographic Equipment Market



  • The Latin American Hydrographic equipment market
    is estimated at 224.14 million in 2014, and it
    is expected to reach 242.94 million by 2020.
    Latin America is expected to grow in Hydrographic
    equipment market at a CAGR of 1.35. One of the
    major challenges in this industry is the
    government regulation such as heavy customs law.
    The economic growth in the Latin American
    countries has led to the increase in the
    international trade in this region.

7

Majority of the international trade is carried
out by sea routes. Increase in offshore oil and
gas activity for exploration of new oil reserves
will be the major driving factor for this market
in the region. http//www.micromarketmonitor.com
/market/south-america-hydrographic-equipment-33751
34111.html
8
Asia Pacific Hydrographic Equipment Market



  • The Asia Pacific Hydrographic equipment market is
    estimated at 1071.64 million in 2014, and it is
    expected to reach 1332.12 million by 2019. Asia
    Pacific is expected to be fastest growing region
    in the commercial cabin interior market at a CAGR
    of 3.69. The major challenge in this industry is
    growth of the market is limited to few economies
    such as Singapore, Thailand, Malaysia and China.

9

The driving factors in this market are provision
of up to date hydrographic information for the
mariners as the APAC region holds the worlds
largest merchant fleet. http//www.micromarketmon
itor.com/market/asia-pacific-hydrographic-equipmen
t-3916870192.html
10
European Hydrographic Equipment Market



  • The Europe Hydrographic equipment market is
    estimated at 493.55 million in 2014, and it is
    expected to reach 568.67 million by 2019. Europe
    is expected to grow in the Hydrographic equipment
    market at a CAGR of 2.39. The major challenge
    for this region is that shipping industry is
    facing a downturn. Increase in the fuel prices,
    leading to exploration of offshore oil and gas
    reserves, and the rising demand for up to date
    nautical charts by the seafarers worldwide will
    drive this market in the future.

11

This region is a major hub for research and
development in ocean also countries such as
Norway, Denmark and France are focusing on
exploring their own oil reserves in ocean rather
than depending on OPEC. http//www.micromarketmon
itor.com/market/europe-hydrographic-equipment-8642
078503.html
12
MicroMarketMonitor provides deep dive insight
into 5000 granular markets along with the
updates. The MMM Reports are uniquely
differentiated by its ecosystem analysis (value
chain) analysis for each granular market. It
provides pictorial methodology along with the
market sizing at each market capturing all
dependent markets (demand side), macro indicators
(demand side), and supply side company data. The
Report Plots all the dependent cascaded market
with their growth/slow down indicators, which
influences revenues of the targeted market. The
report provides you competitive landscape,
competitive profile along with the competitive
SWOT analysis. The report also provides Customer
landscape identifying the top customers for the
target market. It plots market landscape of the
technologies, ingredients, vendors servicing the
target market including the cannibalization of
the prevailing technologies/products.
About MicroMarket Monitor
13
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