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Key Trends, Drivers, Restraints
The development of advanced and efficient technologies and increasing demand for precise and accurate nautical charts are main growth drivers for the global tide gauge market. The data collected from tide gauges is used by scientists for the measurement of global weather patterns, mean sea level water and changes in it. This data from tide gauges is mainly used for the study of global warming. Due to these trends, the global tide gauge market is expected to grow.
In shipping and fishing industries, tide gauges find practical applications. A low or high tide level can act as a deciding factor in determining access to shallow bays and locations with bridges. Though many companies still rely on tide gauges of government agencies (such as NOAA), they have started installing their own tide gauges in ports. This is likely to affect the growth of the tide gauge market positively. Rapidly increasing exploration of new areas for oil and gas reserves is another key factor that drives the global tide gauge market. In developing countries, rise in maritime sector and growing demand for coastal zone, port and harbor management is likely to accelerate the growth of the tide gauge market.
In the tide gauge market, hydrographic charting has maximum demand as it allows safety of navigation and also helps in all other marine applications. Recently, new technologies have evolved in the tide gauge market which allow real time and remote tide information to be posted online to the tide sensors via wireless connections powered by solar energy.
Increasing risk of counterfeit products, strict government laws and regulations are key restraints for the tide gauge market. Also, high investment in research and development and higher costs of tide gauges are some other restraints to the global tide gauge market.
Key participants
Examples of some of the market participants in the global tide gauge market identified across the value chain include:
- Valeport Ltd
- Geomatics USA, LLC
CEE Hydros The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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The global tide gauge market can be segmented on the basis of type and application.
On the basis of tide gauge type, the global tide gauge market is segmented into:
- Kelvin Type Tide Gauge
- Fuess Type Tide Gauge
- GSI Type Tide Gauge
- High Accuracy Automatic Tide Gauge
- High Resolution Automatic Tide Gauge
- Others
On the basis of tide gauge application, the global tide gauge market is segmented into:
- Hydrographic Charting
- Offshore Oil and gas
- Coastal Engineering
- Port and Harbor Management
- Fishing Industries
- Others
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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