Shipboard Incineration Market was valued $ 14.99 Bn in 2022 and is expected to reach $ 22.85 Bn by 2029, at a CAGR of 6.2% during the forecast period.Shipboard Incineration Market Introduction
Global Environment Protection has put forward higher standards for monitoring and preventing pollution from ships. According to the International Convention MARPOL73/78, the shipboard incinerator is one of the necessary anti-pollution equipment on ocean-going vessels. Many countries have developed a variety of shipboard incinerators, most of which are equipped with auxiliary burners and possess several advantages such as a high degree of automation and the capacity to burn sludge oil and solid waste. The shipboard incinerator system mainly consists of a shipboard furnace, waste oil system, diesel engines, compressed air system, air supply system, and electrical control system.To know about the Research Methodology :- Request Free Sample Report
Global Shipboard Incineration Market Dynamics
The real-time monitoring and management of shipboard incinerators play a critical role in ocean environmental protection. This system can display different parameters concerning the operation of shipboard incinerators and carry out remote monitoring of significant parameters in terms of maritime environmental protection via the Internet onshore. The emergence of technology and automation in shipboard incineration has boosted the market growth. Its powerful interface has improved the reliability and convenience in managing and monitoring shipboard waste incineration. Real-time monitoring of shipboard incineration system goes through the whole incineration process, making monitoring work safer, more reliable, and convenient, which has great significance to the development of shipboard waste handling technology as well as maritime environmental protection. There is a considerable rise in oil spills as in the marine pollution through the ship operations, which contributes toward the growth of the shipboard incinerators. Strict regulations from the MARPOL annex 5, which states that no garbage is to be thrown into the sea acts as a major growth driver for the shipboard incineration market. Countries like China, India, the U.S, Russia, and Japan are the major producers of oil and healthcare equipment. Hence the market in these regions is expected to gain momentum.Global Shipboard Incineration Market Segment Analysis
Growing demand for passenger ships, oil imports & exports, and healthcare equipment through ship operation are increasing the production of Shipboard incineration market in the industries. In the fishing boats, shipboard incineration is being used with a method of burning and converting into flue gas. Moreover, in oil-containing tankers and cargo ships, Shipboard incinerators are being used to destroy the oil wastes. Setting up this device in these respective ships would increase the market demand for shipboard incinerators. Manufacturers across the globe are constantly engaged in bringing up advanced and cost-effective technologies, which in turn will propel the market growth.Global Shipboard Incineration Market Regional Insights
Europe is estimated to account for a significant market share in the global marine incinerators market due to large investments in France, Russia and other EU countries over the past couple of years with innovations and stringent government regulations related to waste management in the region. The Asia Pacific has witnessed substantial growth owing to investments in Japan, Korea and China.Global Shipboard Incineration Market Report Scope: Inquire before buying
Global Shipboard Incineration Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 14.99 Bn. Forecast Period 2023 to 2029 CAGR: 6.2% Market Size in 2029: US $ 22.85 Bn. Segments Covered: by Type Horizontal Vertical by Application Passenger Ships Tankers Fishing Boats Cargo Ships Boats Other Global Shipboard Incineration Market, By Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Global Shipboard Incineration Market Key Players
1.DESARROLLO TÉCNICAS INDUSTRIALES DE GALICIA S.A. 2.Fuente International 3.ACS, Inc. 4.TeamTec AS 5.China Deyuan Marine Fitting Co., Ltd. 6.INCINER8 Limited 7.ECOservice-NEFTEGAZ 8.Alfa Laval 9.ATLAS INCINERATORS ApS 10.Hansun (Shanghai) Marine Technology 11.Evac 12.Scanship Environmental AS 13.Kangrim Heavy Industries 14.Mavi Deniz Environmental Protection Co. 15.Wartsila Corporation Frequently Asked Questions: 1. Which region has the largest share in Global Shipboard Incineration Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Shipboard Incineration Market? Ans: The Global market is growing at a CAGR of 6.2% during forecasting period 2023-2029. 3. What is scope of the Global Shipboard Incineration Market report? Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. What was the Global Shipboard Incineration Market size in 2022? Ans: The Global market was valued at US$ 14.99 Bn. In 2022. 5. What is the study period of this Market? Ans: The Global Shipboard Incineration Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Shipboard Incineration Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Shipboard Incineration Market 3.4. Geographical Snapshot of the Shipboard Incineration Market, By Manufacturer share 4. Global Shipboard Incineration Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Shipboard Incineration Market 5. Supply Side and Demand Side Indicators 6. Global Shipboard Incineration Market Analysis and Forecast, 2022-2029 6.1. Global Shipboard Incineration Market Size & Y-o-Y Growth Analysis. 7. Global Shipboard Incineration Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.1.1. Horizontal 7.1.2. Vertical 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Passenger Ships 7.2.2. Tankers 7.2.3. Fishing Boats 7.2.4. Cargo Ships 7.2.5. Boats 7.2.6. Other 8. Global Shipboard Incineration Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Shipboard Incineration Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 9.1.1. Horizontal 9.1.2. Vertical 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Passenger Ships 9.2.2. Tankers 9.2.3. Fishing Boats 9.2.4. Cargo Ships 9.2.5. Boats 9.2.6. Other 10. North America Shipboard Incineration Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Shipboard Incineration Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Shipboard Incineration Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Shipboard Incineration Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Shipboard Incineration Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Shipboard Incineration Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Shipboard Incineration Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Shipboard Incineration Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Shipboard Incineration Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Shipboard Incineration Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Shipboard Incineration Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Shipboard Incineration Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Shipboard Incineration Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Shipboard Incineration Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Shipboard Incineration Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Shipboard Incineration Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Shipboard Incineration Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Shipboard Incineration Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Shipboard Incineration Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Shipboard Incineration Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Shipboard Incineration Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Shipboard Incineration Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31.3. 32. Rest of Asia Pacific Shipboard Incineration Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Shipboard Incineration Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Shipboard Incineration Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Shipboard Incineration Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Shipboard Incineration Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Shipboard Incineration Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Shipboard Incineration Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Shipboard Incineration Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Shipboard Incineration Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Shipboard Incineration Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Shipboard Incineration Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Shipboard Incineration Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Shipboard Incineration Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Shipboard Incineration Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Desarrollo Tecnicas Industriales De Galicia S.A 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Fuente International 45.3.3. ACS, Inc. 45.3.4. TeamTec AS 45.3.5. China Deyuan Marine Fitting Co., Ltd. 45.3.6. INCINER8 Limited 45.3.7. ECOservice-NEFTEGAZ 45.3.8. Alfa Laval 45.3.9. ATLAS INCINERATORS ApS 45.3.10. Hansun (Shanghai) Marine Technology 45.3.11. Evac 45.3.12. Scanship Environmental AS 45.3.13. Kangrim Heavy Industries 45.3.14. Mavi Deniz Environmental Protection Co. 45.3.15. Wärtsilä Corporation 45.3.16. Other Key Players