Automated Mooring Systems  Market By Product Type (Vaccum Mooring, and Magnetic Mooring Systems, Software, Services), Anchor Type (Vertical Loaded Anchors, Drag Embedment Anchors, Suction Anchors, and Others) Mooring Type (Spread Mooring, Single Point Mooring, Catenary Mooring,  Dynamic Positioning, Taut Leg, and Others), Application Type (Floating Production Storage, Tension Leg Platform (TLP), Floating Liquefied Natural Gas (FLNG), Semi-Submersible, SPAR, and Others and Geography

   

Automated Mooring Systems Market is expected to be valued at USD 1,468.3 million in 2022, growing at a 4.4% CAGR from 2022 to 2028. An automated mooring system is a vacuum-based robotic technology that permits a vessel to be moored without a rope.  The continuous technological advancement that enhances operational efficiency improves safety and enables ports to save on infrastructure by dropping the need to increase the berth capacity. An automated mooring system reduces carbon dioxide emissions, fuel requirement, and docking time and also eliminates the non-productive berth space in-between ships and at the edge of the quay. The automated mooring system market is primarily driven by especially rising subsea exploration, drilling, and production activities, and a flow in global energy demands. Due to the growing energy demand, subsea exploration and production are on escalation globally which in turn hikes the demand for automated mooring systems. These days consumer preference for using technologically advanced systems to improve drilling capacity in both deep and ultra-deepwater is likely to propel the growth of an automated mooring system market. Making huge investments in seaborne trade activities owing to an increase in buying power, along with rapid urbanization is expected to expand the global automated mooring market. According to, Maritime Transport 2018, coal’s seaborne trade is 1.202 billion tons in 2017 and was further increased to 1.159 billion tons in 2017. Furthermore, strict regulations to reduce greenhouse gas emissions are also anticipated to fuel market growth. An automated mooring system reduces about 90% of GHG emissions during ship berthing, owing to a reduction in the use of ship and tug engines. Recent Market Developments: In Dec 2021, Trelleborg’s maritime and infrastructure division has launched a new interactive experience and film to highlight DynaMoor, a safety-focused intelligent mooring solution that empowers safer, more efficient, and long-term berthing and product transfer.