Buoys are floating markers that are anchored to the sea bottom with solid concrete blocks, most commonly referred to as “sinkers.”

Market Analysis and Insights: Global Beacon Buoys Market

Due to the COVID-19 pandemic, the global Beacon Buoys market size is estimated to be worth US$ 87 million in 2022 and is forecast to a readjusted size of US$ 107.2 million by 2028 with a CAGR of 3.5% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Metal Buoys accounting for % of the Beacon Buoys global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Offshore segment is altered to an % CAGR throughout this forecast period.

Europe is the largest Beacon Buoys market with about 42% market share. North America is follower, accounting for about 19% market share.

The key players are FenderCare, Meritaito, Xylem, Zeniya Aluminum Engineering Group, Sealite, Ryokuseisha, Resinex, Corilla, Almarin, Mobilis, Shandong Buoy&Pipe, JFC Manufacturing Co Ltd, Mediterraneo Senales Maritimas, Carmanah Technologies Corporation, Shanghai Rokem, Woori Marine Co., Ltd., Gisman, Wet Tech Energy etc. Top 3 companies occupied about 26% market share.

Global Beacon Buoys Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Beacon Buoys Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.


Segment by Type


Metal Buoys

Plastic Buoys


Segment by Application


Offshore

Coastal & Harbor

Inland Waters


By Company


FenderCare

Meritaito

Xylem

Zeniya Aluminum Engineering Group

Sealite

Ryokuseisha

Resinex

Corilla

Almarin

Mobilis

Shandong Buoy&Pipe

JFC Manufacturing Co Ltd

Mediterraneo Senales Maritimas

Carmanah Technologies Corporation

Shanghai Rokem

Woori Marine Co., Ltd.

Gisman

Wet Tech Energy


Production by Region



North America

Europe

China

Japan


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Indonesia

Thailand

Malaysia

Philippines

Vietnam

Latin America

Mexico

Brazil

Argentina