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Global Watertight Doors Market Report Size, Trends & Growth Opportunity, By Product Type (Hinged Watertight Doors Sliding Watertight Doors), By Application (Civil Ships, Military Ships), By Source (Hydraulic Watertight Doors, Electric Watertight Doors), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) And Forecast Till 2027.


Report ID : IR100218 | Industries : Energy & Power | Published On :May 2024 | Page Count : 114

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  • Global Watertight Doors Market Report Size, Trends & Growth Opportunity, By Product Type (Hinged Watertight Doors Sliding Watertight Doors), By Application (Civil Ships, Military Ships), By Source (Hydraulic Watertight Doors, Electric Watertight Doors), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) And Forecast Till 2027.
    Global Watertight Doors Market         
    Global Watertight Doors was valued at US$ 302.18 Million in 2021, estimated to reach US$ 641.48 Million in 2027, with a CAGR of 10.17% from 2022-2027. 
    Special types of doors found on ships which stop the access of water from one compartment to another during flooding or accidents and therefore it acts as a safety barrier and are called as Watertight doors. These doors are commonly used in every type of marine vessels, including commercial, cruisers, combat ships etc.
    Market Drivers
    The growth in demand for offshore substations is one of the key factors that drive the Watertight Doors Market growth.
    Also, rising inclination of buyers towards newly advanced doors and hatches will boost the watertight doors market growth.
    Moreover, Investment in the direction of the re-development of blast proof and watertight doors to offer consumers with high quality products is also major driving factor for the market growth.
    Market Restraints
    Factors that are hindering the growth of the market are irregularity in economic growth and trade between countries and fluctuating raw material prices.
    High maintenance is also a one of the major restraining factors for the growth of the market.
    Market Segmentation
    Watertight Doors Market is segmented into major 4 categories. Based on Source, the market is segmented into Whole Product, Paste, Flour. Based on Product Type, the market is divided into Fresh, Frozen, Dried. Based on Application, the market is segmented into Animal Feed, Beverage, Food. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
    Regional Analysis
    Asia-Pacific has been projected as prominent region for the watertight door market because of the rising shipbuilding activities precisely in South Korea, Japan & China. Similarly, the growing number of joint ventures with multiple brands which are internationally established will boost the market growth.
    North America and Europe are anticipated to grow abstemiously in the forecast period, because of the rising disposable income and a surge in coastal tourism in the regions.
    Market Key Players
    Some of the key players operating in Global Watertight Doors Market are MML Marine, Thormarine, IMS Groups, Railway Specialties, Ocean Group, Remontowa Hydraulic Systems, Westmoor Engineering, Baier Marine, Pacific Coast Marine, Advanced Pneumatic Marine.
    Industry development
    In 2018, IMTRA, a leading supplier, producer and importer of quality marine products, announced its affiliation with Libra, a Norwegian-based producer of hatches, vessel doors and storage. IMTRA will assist as an agent for Libra-brand products all across the U.S. The collaboration will foster lucrative growth opportunities for Libra by aggrandizing market share for hatches, doors and storage solutions.
    In 2019, AdvanTec USA Manufacturing, announced the acquisition of USA Sliding Doors Inc. The acquisition of Sliding Doors aligns with the developmental strategy concentrated on AdvanTec’s aim of being exhibited as a full-scale marine solutions provider and serve end consumers to the best of their capabilities.
     

    Global Watertight Doors Market TOC:
    1 Introduction        
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Watertight Doors Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Watertight Doors Market, By Source
    5.1 Y-o-Y Growth Comparison, By Source
    5.2 Watertight Doors Market Share Analysis, By Source
    5.3 Watertight Doors Market Size and Forecast, By Source
    5.3.1 Hydraulic Watertight Doors
    5.3.2 Electric Watertight Doors
    6 Watertight Doors Market, By Product Type
    6.1 Y-o-Y Growth Comparison, By Product Type
    6.2 Watertight Doors Market Share Analysis, By Product Type
    6.3 Watertight Doors Market Size and Forecast, By Product Type
    6.3.1 Hinged Watertight Doors
    6.3.2 Sliding Watertight Doors
    7 Watertight Doors Market, By Application
    7.1 Y-o-Y Growth Comparison, By Sales Channel
    7.2 Watertight Doors Market Share Analysis, By Sales Channel
    7.3 Watertight Doors Market Size and Forecast, By Sales Channel
    7.3.1 Civil Ships
    7.3.2 Military Ships
    8 Watertight Doors Market, By Region
    8.1 Watertight Doors Market Share Analysis, By Region
    8.2 Watertight Doors Market Share Analysis, By Region
    8.3 Watertight Doors Market Size and Forecast, By Region
    9 North America Watertight Doors Market Analysis and Forecast (2022-2027)
    9.1 Introduction
    9.2 North America Watertight Doors Market Share Analysis, By Source
    9.3 North America Watertight Doors Market Size and Forecast, By Product Type
    9.4 North America Watertight Doors Market Size and Forecast, By Sales Channel
    9.5 North America Watertight Doors Market Size and Forecast, By Country
    9.5.1 U.S.
    9.5.2 Canada
    9.5.3 Mexico
    10 Europe Watertight Doors Market Analysis and Forecast (2022-2027)
    10.1 Introduction
    10.2 Europe Watertight Doors Market Share Analysis, By Source
    10.3 Europe Watertight Doors Market Size and Forecast, By Product Type 
    10.4 Europe Watertight Doors Market Size and Forecast, By Sales Channel
    10.5 Europe Watertight Doors Market Size and Forecast, By Country
    10.5.1 Germany
    10.5.2 France
    10.5.3 UK
    10.54. Rest of Europe
    11 Asia Pacific Watertight Doors Market Analysis and Forecast (2022-2027)
    11.1 Introduction
    11.2 Asia Pacific Watertight Doors Market Share Analysis, By Source
    11.3 Asia Pacific Watertight Doors Market Size and Forecast, By Product Type 
    11.4 Asia Pacific Watertight Doors Market Size and Forecast, By Sales Channel
    11.5 Asia Pacific Watertight Doors Market Size and Forecast, By Country
    11.5.1 China        
    11.5.2 Japan
    11.5.3 India
    11.5.4. Rest of Asia Pacific
    12 Latin America Watertight Doors Market Analysis and Forecast (2022-2027)
    12.1 Introduction
    12.2 Latin America Watertight Doors Market Share Analysis, By Source
    12.3 Latin America Watertight Doors Market Size and Forecast, By Product Type 
    12.4 Latin America Watertight Doors Market Size and Forecast, By Sales Channel
    12.4 Latin America Watertight Doors Market Size and Forecast, By Network Route of Administration
    12.5 Latin America Watertight Doors Market Size and Forecast, Country
    12.5.1. Brazil
    12.5.2. Rest of Latin America
    13 Middle East Watertight Doors Market Analysis and Forecast (2022-2027)
    13.1 Introduction
    13.2 Middle East Watertight Doors Market Share Analysis, By Source
    13.3 Middle East Watertight Doors Market Size and Forecast, By Product Type 
    13.4 Middle East Watertight Doors Market Size and Forecast, By Sales Channel
    13.5 Middle East Watertight Doors Market Size and Forecast, By Country
    13.5.1. Saudi Arabia
    13.5.2. UAE
    13.5.3. Egypt
    13.5.4. Kuwait
    13.5.5. South Africa
    14 Competitive Analysis
    14.1 Competition Dashboard
    14.2 Market share Analysis of Top Vendors
    14.3 Key Development Strategies
    15 Company Profiles
    15.1 Advanced Pneumatic Marine
    15.1.1 Overview
    15.1.2 Offerings
    15.1.3 Key Financials
    15.1.4 Business Segment & Geographic Overview
    15.1.5 Key Market Developments
    15.1.6 Key Strategies
    15.2 MML Marine
    15.2.1 Overview
    15.2.2 Offerings
    15.2.3 Key Financials
    15.2.4 Business Segment & Geographic Overview
    15.2.5 Key Market Developments
    15.2.6 Key Strategies
    15.3 Thormarine
    15.3.1 Overview
    15.3.2 Offerings
    15.3.3 Key Financials
    15.3.4 Business Segment & Geographic Overview
    15.3.5 Key Market Developments
    15.3.6 Key Strategies
    15.4 IMS Groups
    15.4.1 Overview
    15.4.2 Offerings
    15.4.3 Key Financials
    15.4.4 Business Segment & Geographic Overview
    15.4.5 Key Market Developments
    15.4.6 Key Strategies
    15.5 Railway Specialties
    15.5.1 Overview
    15.5.2 Offerings
    15.5.3 Key Financials
    15.5.4 Business Segment & Geographic Overview
    15.5.5 Key Market Developments
    15.5.6 Key Strategies
    15.6 Ocean Group
    15.6.1 Overview
    15.6.2 Offerings
    15.6.3 Key Financials
    15.6.4 Business Segment & Geographic Overview
    15.6.5 Key Market Developments
    15.6.6 Key Strategies
    15.7 Westmoor Engineering
    15.7.1 Overview
    15.7.2 Offerings
    15.7.3 Key Financials
    15.7.4 Business Segment & Geographic Overview
    15.7.5 Key Market Developments
    15.7.6 Key Strategies        
    15.8 Remontowa Hydraulic Systems
    15.8.1 Overview
    15.8.2 Offerings
    15.8.3 Key Financials
    15.8.4 Business Segment & Geographic Overview
    15.8.5 Key Market Developments
    15.8.6 Key Strategies
    15.9 Baier Marine
    15.9.1 Overview
    15.9.2 Offerings
    15.9.3 Key Financials
    15.9.4 Business Segment & Geographic Overview
    15.9.5 Key Market Developments
    15.9.6 Key Strategies
    15.10 Pacific Coast Marine
    15.10.1 Overview
    15.10.2 Offerings
    15.10.3 Key Financials
    15.10.4 Business Segment & Geographic Overview
    15.10.5 Key Market Developments
    15.10.6 Key Strategies