Global Ocean Buoy Market Growth 2025-2031

The global Ocean Buoy market size is predicted to grow from US$ 925 million in 2025 to US$ 1253 million in 2031; it is expected to grow at a CAGR of 5.2% from 2025 to 2031.

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.

LP Information, Inc. (LPI) ' newest research report, the “Ocean Buoy Industry Forecast” looks at past sales and reviews total world Ocean Buoy sales in 2024, providing a comprehensive analysis by region and market sector of projected Ocean Buoy sales for 2025 through 2031. With Ocean Buoy sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ocean Buoy industry.

This Insight Report provides a comprehensive analysis of the global Ocean Buoy landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ocean Buoy portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Ocean Buoy market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ocean Buoy and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ocean Buoy.

This report presents a comprehensive overview, market shares, and growth opportunities of Ocean Buoy market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Scientific and Environmental Buoy
Navigation and Offshore Buoy
Others

Segmentation by Application:
Cargo Ships
Fishing Communities
Offshore Drilling Platforms
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Ocean Buoy market?

What factors are driving Ocean Buoy market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Ocean Buoy market opportunities vary by end market size?

How does Ocean Buoy break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.