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Smooth sailing: Higher trade volumes and adverse weather patterns will boost demand



Abstract

Marine Salvage Services

The Marine Salvage Services industry has been subject to a high degree of revenue volatility during the past five years, due to fluctuating demand conditions. Weather, in particular, has been the main catalyst for growth. However, revenue contracts following extreme storms, hurting the industry. Nonetheless, upward movements in revenue have generously compensated for the downward contractions. In the five years to 2021, the industry will continue to be subjected to volatility, but the industry is looking to enter calmer water as total trade volumes continue to accelerate.

This industry provides retrieval and repair of vessels or cargo following a marine accident. Companies often work on a contract basis, whereby they are hired to conduct salvage operations on stricken ships.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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Table Of Contents

Marine Salvage Services - Industry Market Research Report

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS and MARKETS
Supply Chain
Products and Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY

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