Global Automated Marine Debris Collection Equipment Market Size By Application (Government and Fisheries), By Type (Collect, Smash, and Uninstall), By Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Automated Marine Debris Collection Equipment Market Size And Forecast

Automated Marine Debris Collection Equipment Market size was valued at USD 1,427.13 Million in 2021 and is projected to reach USD 2,756.24 Million by 2030, growing at a CAGR of 7.54% from 2022 to 2030.

The government has begun purchasing sewage disposal equipment in order to clean up their own waste products. Therefore, a growing market for marine debris collection equipment is expected to grow in the coming years. The Global Automated Marine Debris Collection Equipment Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Automated Marine Debris Collection Equipment Market Definition

Imagine a machine that's like a giant vacuum cleaner for the ocean! It sucks up all the trash that ends up there because of shipwrecks, fishing boats, tourists, and well, pretty much everything else. We're talking about marine debris, and it's a HUGE problem. It's everywhere, from the wide-open ocean to your favorite lake. You name it, it's probably floating around out there – tiny little plastic bags (less than 5 mm!), tangled up fishing nets that nobody uses anymore, even old, broken-down boats. And it's not just ugly; it's dangerous. Hundreds of marine mammals are hurt every year, either because they eat this junk or get tangled up in it. These animals can be injured or killed, and even have trouble finding places to live. Marine debris also poses a threat to safe navigation and human health.

All marine debris comes from people, most of it from the earth and into the oceans and lakes through waste disposal, poor waste management practices, storm water dumps, and severe natural disasters such as tsunamis and hurricanes. Some debris, such as inactive fishing gear, can come from seawater sources. This lost or discarded material is a major problem because it can continue to kill wildlife, damage sensitive areas, and compete and damage active fishing gear. Hence, the collection of marine debris is an important process to be taken care of.

Global Automated Marine Debris Collection Equipment Market Overview

Marine debris poses a serious threat to the environment and the environment, therefore, there is an urgent need to collect sewage regularly. Areas close to marine bodies have shown a sense of commitment to the removal of marine debris in recent times. This has played a major role in the growth of the market of marine debris collection equipment market worldwide. In addition, the government has begun purchasing sewage disposal equipment in order to clean up their own waste products. Therefore, a growing market for marine debris collection equipment is expected to grow in the coming years.

Okay, so the EPA and the UNEP are sounding the alarmour oceans are in serious trouble. We're talking about a massive threat to everything living in the sea. Right now, we're dumping around 11 million metric tons of plastic into the ocean every year, but get this—if we don't do something fast, that could triple in just 20 years! By 2040, we might be choking our oceans with something like 23 to 37 million tons of plastic annually. Think about it, that's roughly 50 kg of plastic for every single square meter of ocean. This isn't just a local issue; it's a global crisis that demands immediate and constant attention. And the worst part? All this waste is causing environmental damage, hitting us in the wallet with economic and industrial losses, and even putting our own health at risk.

A big problem we heard about when talking about abandoned ships and marine trash was simply having nowhere to put it! Especially polystyrene foam. It's like, ship owners just ditch their boats because it's too hard and expensive to recycle them locally. And don't even get me started on cleaning up sewage – hauling it, sorting it, getting rid of it… a nightmare. Most of the coastal clean-ups people talked about were run by volunteer non-profits. Bless their hearts, but they don't always have the clout or the government connections to really make a dent, and sometimes regulations aren't followed. This makes ocean cleaning harder and could even slow down the demand for those cool automated marine debris cleaning gadgets. The whole support system is lacking. Even when we do collect sewage, garbage, and recyclables from beaches, actually getting rid of it can be a huge headache and cost a fortune. On the flip side, areas that do have good recycling and disposal options for ships and marine debris? They've totally cornered the market for marine debris collection gear. What we really need are better ways to get rid of plastic, recyclable batteries, and garbage in those little handmade ports, more beach disposal options, and ways for fishermen to find lost stuff on the beach for disposal and recycling. The key takeaway? We have to make proper disposal and recycling easier in ports.

Many marine debris collectors have identified the need for greater cooperation between all levels of government as well as agencies responsible for dealing with discarded vessels and marine debris, including organization agencies, provincial institutions, indigenous organizations, municipalities, and district regions. A few groups recommend that the first step should be a coastal development strategy. The strategy includes maritime plans, such as land use plans, and is regulated. Several players have found that the best way to deal with challenges is through collaboration between the government and marine debris cleaning agencies.

Global Automated Marine Debris Collection Equipment MarketSegmentation Analysis

The Global Automated Marine Debris Collection Equipment Market is segmented on the basis of Application, Type, and Geography.

Automated Marine Debris Collection Equipment Market, By Application

• Government• Fisheries

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So, when we look at how this market breaks down by , it's basically split into two main areasGovernment and Fisheries. Right now, the Government side is the bigger piece of the pie, grabbing the largest market share back in 2021. And we're expecting it to keep growing at a pretty good clip – around 8.34% each year. Now, let's talk about marine debris. It's basically all the trash that ends up in our oceans and seas, either on purpose or by accident, thanks to things humans do. With maritime logistics booming worldwide, sadly, the amount of is also on the rise. Plus, the unfortunate reality is that a lot of plastic waste is still being dumped directly into the sea, especially in developing nations. Even though dumping plastic and other waste into our oceans is illegal, it keeps happening. The result? Millions of marine animals die every year because of plastic pollution. And it gets worsetons of mollusks and shellfish are contaminated with micro-plastics. Plastic Oceans International tells us that 100% of mussels they tested contained micro-plastics! And, guess what? People are eating those mussels. Because of all this, governments worldwide are finally stepping up and taking action to clean and protect our marine ecosystems.

Automated Marine Debris Collection Equipment Market, By Type

• Collect• Smash• Uninstall

When it comes to the type of equipment used, the Global Automated Marine Debris Collection Equipment Market is broken down intoCollect, Smash, and Uninstall. Right now, the Collect segment is the biggest piece of the pie. And get thisit's expected to keep growing at a rate of 6.85% annually! So, what does this equipment actually do? Well, it grabs marine debris both floating on top and lurking beneath the waves. That junk can then be stored and safely disposed of, keeping our sea life happy and healthy. But it's not just about the water; this equipment also cleans up beaches and shorelines, creating a pristine environment for all the plants and animals that call them home. All this cleanup means cleaner, shallower waters, which is great news for fisheries looking to boost their catch!

Automated Marine Debris Collection Equipment Market, By Geography

• North America• Europe• Asia Pacific• Latin America• Middle East and Africa

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Okay, so when we look at the world, the Global Automated Marine Debris Collection Equipment Market breaks down into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Turns out, North America is leading the pack right now and we expect it to keep growing by about 7.79% each year. I mean, North America is pretty advanced in just about everything – from aerospace to healthcare – so it makes sense. They're probably going to stay on top because they really want to clean up the seawater with this automated equipment. Plus, they're making a lot of plastic, especially for packaging, and that's driving the need for solutions. And hey, the shipping industry is going crazy in North America because everyone's buying stuff online and in stores. All those e-commerce giants like Amazon, Walmart, and eBay are also using tons of plastic for packaging, so that's just adding to the demand for better ways to deal with marine debris.

Key Players

The major players in the market are Elastec, Harbor Clean, United Marine International, Liverpool Water Witch Marine, and Engineering Co. Ltd., and Others. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• In January 2021, Elastec is excited to announce the acquisition of the Jenson Lake Mower to expand their ever-growing line of water maintenance products.• The Lake Mower is a sickle lake weed cutter that makes lake weed removal as simple as mowing the lawn home. With this electric lake weed cutter, controlling milfoil, hydril, cattail, lily pads, and other aquatic weeds is a breeze.

• In February 2022, Water Witch, pioneering manufacturer of marine litter collection workboats, announces partnership with Marine AI to develop next generation autonomous vessels.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2018-2030

BASE YEAR

2021

FORECAST PERIOD

2022-2030

HISTORICAL PERIOD

2018-2020

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

Elastec, Harbor Clean, United Marine International, Liverpool Water Witch Marine, and Engineering Co. Ltd., and Others.

SEGMENTS COVERED

Application, Type, and Geography.

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