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Los Angeles, CA -- (SBWIRE) -- 11/07/2018 -- Description
Buoys are floating markers that are anchored to the sea bottom with solid concrete blocks, most commonly referred to as "sinkers."
The consumption volume of Beacon Buoys is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Beacon Buoys industry may not keep that fast. But it is surely forecasted that the market of Beacon Buoys is still promising.
With emerging economies growing faster, a strategy has been adopted by most leading vendors in the Beacon Buoys market to approach these areas. QYR analysis of the Beacon Buoys market indicated that Europe would account for the highest sales in 2023 with close to 34 percent of global sales coming from this region, but Asia has the highest growth rate. Vendors recognize the importance of this region, particularly in China, and are working towards penetrating this market by strengthening their sales and distribution networks.
The global Beacon Buoys market was 73 million US$ in 2017 and is expected to 100 million US$ by the end of 2025, growing at a CAGR of 4.3% between 2018 and 2025.
This report studies the Beacon Buoys market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Beacon Buoys in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Zeniya Aluminum Engineering Group
JFC Manufacturing Co Ltd
Mediterraneo Senales Maritimas
Carmanah Technologies Corporation
Woori Marine Co., Ltd.
Wet Tech Energy
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
Coastal & Harbor
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