According to our (Global Info Research) latest study, the global Ocean Buoy market size was valued at US$ 931 million in 2024 and is forecast to a readjusted size of USD 1295 million by 2031 with a CAGR of 4.9% during review period.
Ocean buoys measure a whole range of weather variables such as wave height, swell period and direction, wind speed and direction, air and water temperature, and barometric pressure.It can activate emergency alerts and warnings of all sorts targeted at densely populated coastal areas, cargo ships, aviation, fishing communities, offshore drilling platforms, underwater operations, surfers, and many other activities.
Market Overview:
Ocean buoys are intelligent devices widely used in ocean monitoring, navigation, weather warning, military defense, fishery management and marine energy development. With the development of the global marine economy and the increasing demand for ocean monitoring due to climate change, the ocean buoy market has shown a steady growth trend in recent years.
Regional Analysis:
The global ocean buoy market is mainly concentrated in North America, Europe and Asia Pacific.
North America (the United States and Canada) has the largest market share, accounting for about 35%. It is dominated by NOAA (National Oceanic and Atmospheric Administration), NASA, the Navy and other institutions, and has high demand for environmental monitoring and military. Europe (the United Kingdom, Germany, France, Norway) accounts for about 25% of the market, mainly used for environmental monitoring, offshore wind power, fishery management, etc.
The Asia-Pacific region (China, Japan, South Korea, Australia) has the fastest market growth, accounting for about 30%, and is expected to grow by more than 10% in the next five years. China is accelerating the development of ocean monitoring and marine economy. Japan's tsunami warning system and demand for ocean observation stations drive the buoy market.
Price Analysis
The price of ocean buoys varies according to factors such as type, function, application scenario, and sensor configuration. Overall, with technological progress and the increased intelligence of buoys, the price of high-end buoys may rise further in the future, while the price of basic navigation buoys may fall.
Market competition analysis:
The ocean buoy market is highly competitive, with many market participants, mainly divided into three categories: global leading manufacturers, emerging technology companies and regional suppliers.
Market development opportunities:
5G, AI, satellite communications and buoys are combined to improve data collection capabilities. The development of offshore wind power and tidal energy drives the growth of buoy demand. Global demand for carbon emission monitoring is rising, and the environmental protection buoy market is expanding. The anti-submarine monitoring and border defense buoy markets are growing.
Market risks:
Complex buoys are expensive, and some countries have limited budgets. Long-term maintenance costs are high, and the harsh marine environment affects the life of the equipment. Marine data involves national security and may face the risk of hacker attacks or data leaks. Different countries have different regulations on the export and deployment of marine equipment, which may affect market expansion.
This report is a detailed and comprehensive analysis for global Ocean Buoy market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Ocean Buoy market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Ocean Buoy market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Ocean Buoy market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Ocean Buoy market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Ocean Buoy
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Ocean Buoy market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Nortek Group, Fugro, NexSens Technology, Xylem Analytics Aanderaa, Develogic GmbH, MetOcean Telematics, JFC Marine, MOBILIS, AXYS Technologies (AXYS), OSIL, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Ocean Buoy market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Scientific and Environmental Buoy
Navigation and Offshore Buoy
Others
Market segment by Application
Cargo Ships
Fishing Communities
Offshore Drilling Platforms
Others
Major players covered
Nortek Group
Fugro
NexSens Technology
Xylem Analytics Aanderaa
Develogic GmbH
MetOcean Telematics
JFC Marine
MOBILIS
AXYS Technologies (AXYS)
OSIL
TechWorks Marine
Sealite
MSM Ocean
Ocean Fenders
Sofar Ocean
Tideland Signal
Guangzhou Ruihai Marine Technology Co., Ltd
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Ocean Buoy product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Ocean Buoy, with price, sales quantity, revenue, and global market share of Ocean Buoy from 2020 to 2025.
Chapter 3, the Ocean Buoy competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Ocean Buoy breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Ocean Buoy market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Ocean Buoy.
Chapter 14 and 15, to describe Ocean Buoy sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Ocean Buoy. Industry analysis & Market Report on Ocean Buoy is a syndicated market report, published as Global Ocean Buoy Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Ocean Buoy market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.