Marine loading arms market 2023-2027: A descriptive analysis of five forces model, market dynamics, and segmentation – Technavio

NEW YORK, Feb. 8, 2023 /PRNewswire/ — According to Technavio, the global marine loading arms market size is estimated to grow by USD 81.17 million from 2022 to 2027. The market is estimated to grow at a CAGR of 4.3% during the forecast period. Moreover, the growth momentum will accelerate. APAC will account for 42% of the market’s growth during the forecast period. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. For more insights on market size, request a sample report

Marine loading arms market – Five forces

The global marine loading arms market is concentrated, and the five forces analysis covers– 

• Bargaining power of buyers 
• The threat of new entrants
• Threat of rivalry
• Bargaining power of suppliers
• Threat of substitutes
• For an interpretation of Porter’s five forces model – Buy the report!

Marine loading arms market – Customer landscape 

The report includes the market’s adoption lifecycle, from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Marine loading arms market – Segmentation assessment

Segment overview

Technavio has segmented the market based on application (crude oil, LG, and IG) and type (manual marine loading arms and hydraulic marine loading arms). 

• The crude oil segment will account for a significant share of the market’s growth during the forecast period. Marine loading arms transfer crude oil and refined products from carriers to ports, ports to ships, and offshore processing units to carriers. The improvements in the transport of crude oil and the rise in popularity of marine loading arms when compared to other transferring modes, such as pipes and tubes, are expected to drive the growth of the segment during the forecast period.

Geography overview

Based on geography, the global marine loading arms market is segmented into APAC, North America, Europe, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global marine loading arms market.

• APAC is estimated to account for 42% of the growth of the global market during the forecast period. This growth is attributed to factors such as the growth in application segments such as crude oil imports, refined products exports, and the IGs sector. India, Japan, South Korea, and China account for a majority of the regional market’s growth. Imports of crude oil and exports of refined products such as petrol and diesel are boosting the market growth in the region. As a result, the region has become a hub for crude oil imports. These factors will fuel the growth of the regional market during the forecast period.

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Marine loading arms market – Market dynamics

Key factor driving market growth

• The rise in demand for oil and gas globally is driving the growth of the market.
• The use of liquid fuel grew intensely during the last two decades owing to a drop in crude oil prices from 2014 to 2016 and an increase in automobile sales. The use of natural gas use has also grown since 2018.
• In addition, the number of vehicles in use has increased steadily, which has increased fuel consumption.
• During the forecast period, the demand for oil and natural gas is expected to increase the demand for maritime loading arms.
• These factors will fuel the growth of the market during the forecast period.

Leading trends influencing the market 

• The advent of motion-recognizing marine loading arms is a key trend in the market.
• It is challenging to connect marine loading arms manually due to the movement of ships caused by the motion of seawater.
• This issue can be solved by the use of a motion-sensing marine loading arm, which can locate the counterpart automatically and connect with it.
• The motion-sensing marine loading arm has been made for cryogenic fuel transfers and has been tested.
• It has been developed for special-purpose LNG transfers.
• These factors will support the market growth during the forecast period.

Major challenges hindering the market growth

• Fluctuating raw material prices will challenge the market growth during the forecast period.
• As steel and stainless steel are the key raw materials, the prices of which keep fluctuating.
• Hence, it is difficult to predict the projected price of the final product during the forecast period.
• The increase in raw material prices can also lead to losses for manufacturers.
• These factors will impede the growth of the global marine loading arms market during the forecast period.

Drivers, trends, and challenges have an impact on market dynamics, which can impact

businesses. Find more insights in a sample report!

What are the key data covered in this marine loading arms market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the marine loading arms market between 2023 and 2027
• Precise estimation of the size of the marine loading arms market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the marine loading arms market across APAC, North America, Europe, Middle East and Africa, and South America
• A thorough analysis of the market’s competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of marine loading arms market vendors

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Table of contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global marine loading arms market 2017 – 2021
• Exhibit 18: Historic Market Size – Data Table on Global marine loading arms market 2017 – 2021 ($ million)

• 4.2 Application Segment Analysis 2017 – 2021
• Exhibit 19: Historic Market Size – Application Segment 2017 – 2021 ($ million)

• 4.3 Type Segment Analysis 2017 – 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments 
• Exhibit 30: Chart on Application – Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application – Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Crude oil – Market size and forecast 2022-2027
• Exhibit 34: Chart on Crude oil – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Crude oil – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Crude oil – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Crude oil – Year-over-year growth 2022-2027 (%)

• 6.4 LG – Market size and forecast 2022-2027
• Exhibit 38: Chart on LG – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on LG – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on LG – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on LG – Year-over-year growth 2022-2027 (%)

• 6.5 IG – Market size and forecast 2022-2027
• Exhibit 42: Chart on IG – Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on IG – Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on IG – Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on IG – Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Application 
• Exhibit 46: Market opportunity by Application ($ million)

7 Market Segmentation by Type

• 7.1 Market segments 
• Exhibit 47: Chart on Type – Market share 2022-2027 (%)
• Exhibit 48: Data Table on Type – Market share 2022-2027 (%)

• 7.2 Comparison by Type 
• Exhibit 49: Chart on Comparison by Type
• Exhibit 50: Data Table on Comparison by Type

• 7.3 Manual marine loading arms – Market size and forecast 2022-2027 
• Exhibit 51: Chart on Manual marine loading arms – Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Manual marine loading arms – Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Manual marine loading arms – Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Manual marine loading arms – Year-over-year growth 2022-2027 (%)

• 7.4 Hydraulic marine loading arms – Market size and forecast 2022-2027 
• Exhibit 55: Chart on Hydraulic marine loading arms – Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Hydraulic marine loading arms – Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Hydraulic marine loading arms – Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Hydraulic marine loading arms – Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Type 
• Exhibit 59: Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 61: Chart on Market share by geography 2022-2027 (%)
• Exhibit 62: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 63: Chart on Geographic comparison
• Exhibit 64: Data Table on Geographic comparison

• 9.3 APAC – Market size and forecast 2022-2027
• Exhibit 65: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.4 North America – Market size and forecast 2022-2027
• Exhibit 69: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.5 Europe – Market size and forecast 2022-2027
• Exhibit 73: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 77: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.7 South America – Market size and forecast 2022-2027
• Exhibit 81: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.8 US – Market size and forecast 2022-2027
• Exhibit 85: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.9 China – Market size and forecast 2022-2027
• Exhibit 89: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.10 Japan – Market size and forecast 2022-2027
• Exhibit 93: Chart on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on Japan – Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Japan – Year-over-year growth 2022-2027 (%)

• 9.11 Germany – Market size and forecast 2022-2027
• Exhibit 97: Chart on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.12 Canada – Market size and forecast 2022-2027
• Exhibit 101: Chart on Canada – Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Canada – Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Canada – Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Canada – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 106: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 107: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 108: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 109: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 110: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 111: Matrix on vendor position and classification

• 12.3 Baretti 
• Exhibit 112: Baretti – Overview
• Exhibit 113: Baretti – Product / Service
• Exhibit 114: Baretti – Key offerings

• 12.4 Carbis Loadtec Group 
• Exhibit 115: Carbis Loadtec Group – Overview
• Exhibit 116: Carbis Loadtec Group – Product / Service
• Exhibit 117: Carbis Loadtec Group – Key offerings

• 12.5 Flotech Performance Systems 
• Exhibit 118: Flotech Performance Systems – Overview
• Exhibit 119: Flotech Performance Systems – Product / Service
• Exhibit 120: Flotech Performance Systems – Key offerings

• 12.6 Ingersoll Rand Inc. 
• Exhibit 121: Ingersoll Rand Inc. – Overview
• Exhibit 122: Ingersoll Rand Inc. – Business segments
• Exhibit 123: Ingersoll Rand Inc. – Key offerings
• Exhibit 124: Ingersoll Rand Inc. – Segment focus

• 12.7 JLA loading Technology B.V. 
• Exhibit 125: JLA loading Technology B.V. – Overview
• Exhibit 126: JLA loading Technology B.V. – Product / Service
• Exhibit 127: JLA loading Technology B.V. – Key offerings

• 12.8 KANON Loading Equipment BV 
• Exhibit 128: KANON Loading Equipment BV – Overview
• Exhibit 129: KANON Loading Equipment BV – Product / Service
• Exhibit 130: KANON Loading Equipment BV – Key offerings

• 12.9 Kcenergi LLC 
• Exhibit 131: Kcenergi LLC – Overview
• Exhibit 132: Kcenergi LLC – Product / Service
• Exhibit 133: Kcenergi LLC – Key offerings

• 12.10 Lloyds Steel Industries Ltd. 
• Exhibit 134: Lloyds Steel Industries Ltd. – Overview
• Exhibit 135: Lloyds Steel Industries Ltd. – Product / Service
• Exhibit 136: Lloyds Steel Industries Ltd. – Key offerings

• 12.11 Marimo Engineering Pte. Ltd. 
• Exhibit 137: Marimo Engineering Pte. Ltd. – Overview
• Exhibit 138: Marimo Engineering Pte. Ltd. – Product / Service
• Exhibit 139: Marimo Engineering Pte. Ltd. – Key offerings

• 12.12 The Novaflex Group 
• Exhibit 140: The Novaflex Group – Overview
• Exhibit 141: The Novaflex Group – Product / Service
• Exhibit 142: The Novaflex Group – Key offerings

• 12.13 OGCF Engineering M Sdn Bhd. 
• Exhibit 143: OGCF Engineering M Sdn Bhd. – Overview
• Exhibit 144: OGCF Engineering M Sdn Bhd. – Product / Service
• Exhibit 145: OGCF Engineering M Sdn Bhd. – Key offerings

• 12.14 Persian Gulf Petro Energy GPE 
• Exhibit 146: Persian Gulf Petro Energy GPE – Overview
• Exhibit 147: Persian Gulf Petro Energy GPE – Product / Service
• Exhibit 148: Persian Gulf Petro Energy GPE – Key offerings

• 12.15 Pond and Co. 
• Exhibit 149: Pond and Co.  – Overview
• Exhibit 150: Pond and Co.  – Product / Service
• Exhibit 151: Pond and Co.  – Key offerings

• 12.16 TechnipFMC plc 
• Exhibit 152: TechnipFMC plc – Overview
• Exhibit 153: TechnipFMC plc – Business segments
• Exhibit 154: TechnipFMC plc – Key news
• Exhibit 155: TechnipFMC plc – Key offerings
• Exhibit 156: TechnipFMC plc – Segment focus

• 12.17 Tokyo Boeki Group 
• Exhibit 157: Tokyo Boeki Group – Overview
• Exhibit 158: Tokyo Boeki Group – Business segments
• Exhibit 159: Tokyo Boeki Group – Key offerings
• Exhibit 160: Tokyo Boeki Group – Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 161: Inclusions checklist
• Exhibit 162: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 163: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 164: Research methodology
• Exhibit 165: Validation techniques employed for market sizing
• Exhibit 166: Information sources

• 13.5 List of abbreviations 
• Exhibit 167: List of abbreviations

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