Image

Asia-Pacific Freezing Fishing Vessels Market – Industry Trends and Forecast to 2029

  • Automotive
  • Published Report
  • Jun 2022
  • Asia-Pacific
  • 350 Pages
  • No of Tables: 45
  • No of Figures: 10

Asia-Pacific Freezing Fishing Vessels Market, By System (Air Blast Freezing, Plate Freezing, Brine, IQF (Individual Quick Frozen)), Type (Commercial Fishing Vessels, Artisanal Fishing Vessels and Recreational Fishing Vessels), Vessel Length (Less Than 20 M, 21 M-30 M, Above 40 M and 31 M-40 M), Freezing Capacity (50 Tons to 150 Tons, 150 Tons to 300 Tons, Less Than 50 Tons and More Than 300 Tons)– Industry Trends and Forecast to 2029

Asia-Pacific Freezing Fishing Vessels Market

Market Analysis and Size

A fishing vessel is a pontoon or ship used to catch fish in the ocean or on a lake or stream. A wide range of sorts of the fishing vessel is utilized in commercial, recreational fishing and artisanal. Agricultural resources and production are collected either in the wild or in controlled situations in aquaculture. The rising demand for seafood products increases the need for freezing fishing vessel solutions in the market. The Asia-Pacific freezing fishing vessels market is growing rapidly due to the health benefits of seafood and the demand for higher productivity. The companies are even launching new products to gain a larger market share.

Freezing Fishing Vessels Market

Freezing Fishing Vessels Market

Data Bridge Market Research analyses that the Asia-Pacific freezing fishing vessels market is expected to reach USD 12,453.95 million by 2029, at a CAGR of 5.1% during the forecast period. "air-blast freezing" accounts for the most prominent modules mode segment. The freezing fishing vessels market report also covers pricing analysis, patent analysis, and technological advancements in depth.

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020

Quantitative Units

USD Million

Segments Covered

By System (Air Blast Freezing, Plate Freezing, Brine, IQF (Individual Quick Frozen)), By Type (Commercial Fishing Vessels, Artisanal Fishing Vessels and Recreational Fishing Vessels), By Vessel Length (Less Than 20 M, 21 M-30 M, Above 40 M and 31 M-40 M), By Freezing Capacity (50 Tons to 150 Tons, 150 Tons to 300 Tons, Less Than 50 Tons and More Than 300 Tons)

Countries Covered

China, Japan, New Zealand and the Rest of the Asia-Pacific

Market Players Covered

Nordic Wildfish, Lerøy Havfisk, Nichols Bros Boat Builders, Master Boat Builders, Inc., Chantier de constructions navales Martinez, Astilleros Armon, Karstensens Skibsværft A/S, Green Yard Kleven, Ulstein Group ASA, HEINEN & HOPMAN, Marefsol B.V., Integrated Marine Systems, Inc., MMC FIRST PROCESS AS., Teknotherm, Damen Shipyards Group, Damen Shipyards Group, Wärtsilä, Kongsberg Gruppen ASA, Thoma-Sea Ship Builders, LLC, Rolls-Royce plc, MAURICE, ELLIOTT BAY DESIGN GROUP, Aresa Shipyard among others

Market Definition

A fishing vessel is a pontoon or ship used to catch fish in the ocean or on a lake or stream. A wide range of sorts of the fishing vessel is utilized in commercial, recreational fishing and artisanal. Agricultural resources and production are collected either in the wild or in controlled situations in aquaculture. Both use a tremendous combination of distinctive to highly industrial innovations, incorporating vessels and equipment just as fishing apparatuses and methods. For catching fisheries and aquaculture, utilization of innovative technologies such as fishing vessels and engineered filaments, hydraulic equipment and fish handling is in the current trends of the fishing vessel market. Besides, fish reaping in a fishing vessel also incorporates gadgets for fish findings, satellite-based innovation for routes and correspondences, installed preservation and expanded utilization of detachable motors. The rising demand for fishing equipment in fishery technology is estimated to boost the global fishing vessel market.

Asia-Pacific Freezing Fishing Vessels Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail below:

  • The rise in popularity of recreational activities

There has been a rise in recreational activities, such as fishing and boating, across the globe, creating a surge in demand for fishing boats. The advanced features of fishing boats, such as long shelf life, durability, customization, and environment-friendliness, further attract more customers. Therefore, the demand for the fishing boat is anticipated to further increase over the forecast period.

 

  • Growth in awareness of the health benefits associated with seafood

An increase in demand for fishing globally and a rise in awareness about the health benefits of seafood, such as tuna, groundfish, and salmon, create more demand for the product. Outdoor participation, along with the need for seafood, has tremendously fueled the fishing boat market, and it is anticipated to drive further over the forecast period.

  • Demand for sustainable development

A hindrance to the growth of this market could be the increasing demand for sustainable development. Fishing vessels often extract more from water bodies than can be replenished in a short span of time, eliminating stores of fish rapidly. But this effect can be buffered by bringing strict fishing and maritime regulations globally that ensure a steady supply of fish.

  • The high initial cost of investment

Freezing fishing vessels market offers several beneficial factors, such as health benefits and increased capacity, with a high investment cost. The shipbuilding industry is a cost-intensive affair, and the project may span multiple years. This may restrain the growth of the Freezing Fishing Vessels Market.

Post COVID-19 Impact on Freezing Fishing Vessels Market

COVID-19 created a major impact on the freezing fishing vessels market. Almost every country has opted for the shutdown of every production facility except those dealing in producing the essential goods. The government has taken strict actions such as the shutdown of production and sale of non-essential goods, blocked international trade, and many more to prevent the spread of COVID-19. The only business dealing with this pandemic situation is the essential services allowed to open and run the processes.

The growth of the freezing fishing vessels market is rising due to the government policies to boost international trade post covid. Also, the benefits offered by freezing fishing vessels market for fishing market and seafood demand is rising the demand freezing fishing vessels market in the market. However, factors such as congestion associated with trade routes and trade restrictions between some nations are restraining the market growth. The shutdown of production facilities during the pandemic has had a significant impact on the market.

Manufacturers are making various strategic decisions to bounce back post-COVID-19. The players are conducting multiple research and development activities to improve the technology involved in the freezing fishing vessels market. With this, the companies will bring advanced and accurate solutions to the market. In addition, the government initiatives to boost international trade have led to the market's growth.

Recent Development

  • In August 2021, Wärtsilä offered propulsion solutions for fishing vessels for shipbuilders Karstensens Shipyard. The key feature of this propulsion system was the NOx Reducer emissions reduction system, the reduction gear, controllable pitch propeller, and ProTouch propulsion remote control system. This solution launch helped the company to expand its market
  • In June 2019, Rolls-Royce plc received the contract to construct a 70-metre long stern trawler for Engenes fiskeriselskap AS. The company offered ship design and extensive equipment such as power and propulsion, deck machinery, and electrical and automation systems. Through this company expanded its market and global presence

Asia-Pacific Freezing Fishing Vessels Market Scope

The freezing fishing vessels market is segmented based on system, type, vessel length and freezing capacity. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

By System

  • Air Blast Freezing
  • Plate Freezing
  • Brine
  • IQF (Individual Quick Frozen)

Based on the system, North America, Europe, Asia-Pacific & South America freezing fishing vessels market is segmented into air blast freezing, plate freezing, brine and IQF (Individual Quick Frozen).

By Type

  • Commercial Fishing Vessels
  • Artisanal Fishing Vessels
  • Recreational Fishing Vessels

Based on type, North America, Europe, Asia-Pacific & South America freezing fishing vessels market has been segmented into commercial fishing vessels, artisanal fishing vessels and recreational fishing vessels.

By Vessel Length

  • Less Than 20 M
  • 21 M-30 M
  • Above 40 M
  • 31 M-40 M

Based on vessel length, North America, Europe, Asia-Pacific & South America freezing fishing vessels market has been segmented into Less Than 20 M, 21 M-30 M, Above 40 M and 31 M-40 M.

By Freezing Capacity

  • 50 Tons to 150 Tons
  • 150 Tons to 300 Tons
  • Less Than 50 Tons
  • More Than 300 Tons

Freezing Fishing Vessels Market

Based on freezing capacity, North America, Europe, Asia-Pacific & South America freezing fishing vessels market has been segmented into 50 Tons to 150 Tons, 150 Tons to 300 Tons, Less Than 50 Tons and More Than 300 Tons.

Freezing Fishing Vessels Market Regional Analysis/Insights

The freezing fishing vessels market is analyzed, and market size insights and trends are provided by country, system, type, vessel length and freezing capacity, as referenced above.

The countries covered in the freezing fishing vessels market report are China, Japan, New Zealand, and Asia-Pacific.

China dominates the Asia-Pacific freezing fishing vessels market. China is likely to be the fastest-growing Asia-Pacific freezing fishing vessels market. The rising infrastructure, commercial, and industrial developments in emerging countries such as China and Japan are credited with the market's dominance. China dominates the Asia-Pacific region due to major companies' high manufacturing and outsourced manufacturing capacities leading to exports from the region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technological trends, porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Freezing Fishing Vessels Market Share Analysis

The freezing fishing vessels market competitive landscape provides details about the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points are only related to the companies' focus on the freezing fishing vessels market.

Some of the major players operating in the freezing fishing vessels market are Nordic Wildfish, Lerøy Havfisk, Nichols Bros Boat Builders, Master Boat Builders, Inc., Chantier de constructions navales Martinez, Astilleros Armon, Karstensens Skibsværft A/S, Green Yard Kleven, Ulstein Group ASA, HEINEN & HOPMAN, Marefsol B.V., Integrated Marine Systems, Inc., MMC FIRST PROCESS AS., Teknotherm, Damen Shipyards Group, Damen Shipyards Group, Wärtsilä, Kongsberg Gruppen ASA, Thoma-Sea Ship Builders, LLC, Rolls-Royce plc, MAURICE, ELLIOTT BAY DESIGN GROUP, Aresa Shipyard.

Research Methodology: Asia-Pacific Freezing Fishing Vessels Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The stage includes the obtainment of market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Asia-Pacific versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We pride ourselves on servicing our existing and new customers with data and analysis that match and suit their goals. The report can be customized to include price trend analysis of target brands understanding of the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors as you require data about in the format and style you are looking for. Our team of analysts can also provide you with data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


SKU-

TABLE 1 FISHING VESSEL CONSTRUCTION DETAILS

TABLE 2 FISHING VESSEL AVERAGE OPERATIONAL YEARS WITH RESPECT TO THE TYPE

TABLE 3 FISHING VESSEL OWNERS REQUIRING FREEZING SYSTEMS

TABLE 4 ASIA PACIFIC FREEZING FISHING VESSELS MARKET, BY SYSTEM, 2020-2029 (USD MILLION)

TABLE 5 ASIA PACIFIC AIR BLAST FREEZING IN FREEZING FISHING VESSELS MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 6 ASIA PACIFIC PLATE FREEZING IN FREEZING FISHING VESSELS MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 7 ASIA PACIFIC PLATE FREEZING IN FREEZING FISHING VESSELS MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 8 ASIA PACIFIC BRINE IN FREEZING FISHING VESSELS MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 9 ASIA PACIFIC IQF (INDIVIDUAL QUICK FROZEN) IN FREEZING FISHING VESSELS MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 10 ASIA PACIFIC FREEZING FISHING VESSELS MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 11 ASIA PACIFIC COMMERCIAL FISHING VESSELS IN FREEZING FISHING VESSELS MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 12 ASIA PACIFIC ARTISANAL FISHING VESSELS IN FREEZING FISHING VESSELS MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 13 ASIA PACIFIC RECREATIONAL FISHING VESSELS IN FREEZING FISHING VESSELS MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 14 ASIA PACIFIC FREEZING FISHING VESSELS MARKET, BY VESSEL LENGTH, 2020-2029 (USD MILLION)

TABLE 15 ASIA PACIFIC LESS THAN 20 M IN FREEZING FISHING VESSELS MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 16 ASIA PACIFIC 21 M-30 M IN FREEZING FISHING VESSELS MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 17 ASIA PACIFIC ABOVE 40 M IN FREEZING FISHING VESSELS MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 18 ASIA PACIFIC 31 M-40 M IN FREEZING FISHING VESSELS MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 19 ASIA PACIFIC FREEZING FISHING VESSELS MARKET, BY FREEZING CAPACITY, 2020-2029 (USD MILLION)

TABLE 20 ASIA PACIFIC 50 TONS TO 150 TONS IN FREEZING FISHING VESSELS MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 21 ASIA PACIFIC 150 TONS TO 300 TONS IN FREEZING FISHING VESSELS MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 22 ASIA PACIFIC LESS THAN 50 TONS IN FREEZING FISHING VESSELS MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 23 ASIA PACIFIC MORE THAN 300 TONS IN FREEZING FISHING VESSELS MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 24 ASIA-PACIFIC FREEZING FISHING VESSELS MARKET, BY COUNTRY, 2020-2029 (USD MILLION)

TABLE 25 ASIA-PACIFIC FREEZING FISHING VESSELS MARKET, BY SYSTEM, 2020-2029 (USD MILLION)

TABLE 26 ASIA-PACIFIC PLATE FREEZING IN FREEZING FISHING VESSELS MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 27 ASIA-PACIFIC FREEZING FISHING VESSELS MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 28 ASIA-PACIFIC FREEZING FISHING VESSELS MARKET, BY VESSEL LENGTH, 2020-2029 (USD MILLION)

TABLE 29 ASIA-PACIFIC FREEZING FISHING VESSELS MARKET, BY FREEZING CAPACITY, 2020-2029 (USD MILLION)

TABLE 30 CHINA FREEZING FISHING VESSELS MARKET, BY SYSTEM, 2020-2029 (USD MILLION)

TABLE 31 CHINA PLATE FREEZING IN FREEZING FISHING VESSELS MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 32 CHINA FREEZING FISHING VESSELS MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 33 CHINA FREEZING FISHING VESSELS MARKET, BY VESSEL LENGTH, 2020-2029 (USD MILLION)

TABLE 34 CHINA FREEZING FISHING VESSELS MARKET, BY FREEZING CAPACITY, 2020-2029 (USD MILLION)

TABLE 35 JAPAN FREEZING FISHING VESSELS MARKET, BY SYSTEM, 2020-2029 (USD MILLION)

TABLE 36 JAPAN PLATE FREEZING IN FREEZING FISHING VESSELS MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 37 JAPAN FREEZING FISHING VESSELS MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 38 JAPAN FREEZING FISHING VESSELS MARKET, BY VESSEL LENGTH, 2020-2029 (USD MILLION)

TABLE 39 JAPAN FREEZING FISHING VESSELS MARKET, BY FREEZING CAPACITY, 2020-2029 (USD MILLION)

TABLE 40 NEW ZEALAND FREEZING FISHING VESSELS MARKET, BY SYSTEM, 2020-2029 (USD MILLION)

TABLE 41 NEW ZEALAND PLATE FREEZING IN FREEZING FISHING VESSELS MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 42 NEW ZEALAND FREEZING FISHING VESSELS MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 43 NEW ZEALAND FREEZING FISHING VESSELS MARKET, BY VESSEL LENGTH, 2020-2029 (USD MILLION)

TABLE 44 NEW ZEALAND FREEZING FISHING VESSELS MARKET, BY FREEZING CAPACITY, 2020-2029 (USD MILLION)

TABLE 45 REST OF ASIA-PACIFIC FREEZING FISHING VESSELS MARKET, BY SYSTEM, 2020-2029 (USD MILLION)

CHOOSE LICENCE TYPE
  • 4200.00
  • 3500.00
  • 2000.00
  • 5500.00
  • 7500.00
Why Choose Us
Unlocking New Opportunities on this Report Post Covid-19

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions



Frequently Asked Questions

The market value for Asia-Pacific Freezing Fishing Vessels Market is expected USD 12,453.95 million by 2029.
The Asia-Pacific Freezing Fishing Vessels Market is to grow at a CAGR of 5.1% during the forecast by 2029.
The major players operating in the Asia-Pacific Freezing Fishing Vessels Market are Nordic Wildfish, Lerøy Havfisk, Nichols Bros Boat Builders, Master Boat Builders, Inc., Chantier de constructions navales Martinez, Astilleros Armon, Karstensens Skibsværft A/S, Green Yard Kleven, Ulstein Group ASA, HEINEN & HOPMAN, Marefsol B.V., Integrated Marine Systems, Inc., MMC FIRST PROCESS AS., Teknotherm, Damen Shipyards Group, Damen Shipyards Group, Wärtsilä, Kongsberg Gruppen ASA, Thoma-Sea Ship Builders, LLC, Rolls-Royce plc, MAURICE, ELLIOTT BAY DESIGN GROUP, Aresa Shipyard among others.
The major countries covered in the Asia-Pacific Freezing Fishing Vessels Market are China, Japan, New Zealand and the Rest of the Asia-Pacific.