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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
The process of marine diamond mining involves using mining vessels to extract diamonds from the ocean.Rivers along the coast carried substantial amounts of diamonds out to sea.On the seafloor, there are still plenty of diamonds to be discovered.
Diamond mining by the sea is a relatively recent technique:The concept of mining diamonds from the ocean floor at locations next to estuaries didn't come about until the 1960s.Huge pumps that are mounted on the mining vessel are used to execute this type of mining.
The ship, which is a few kilometers from the shore, collects sand from the seabed between the rocks.The water and sand are then sent through specialized sieves to separate the diamonds from the sand and rock fragments.
Because they can withstand great stress, such as abrasion and bruising while being carried to sea, diamonds obtained by marine mining are famous for their excellent quality.
The high grade of the retrieved diamonds attests to the practicality of the technology, despite the fact that mining for marine diamonds is thought to be a complex and challenging procedure.
The vast majority of diamonds in the world come from countries that use the money made from selling them to advance their own development.
Diamonds are a crucial source of income for constructing infrastructure and necessary social services like hospitals and schools, provided that there is excellent governance and adequate legislation.
The Global Diamond Mining Ship market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
ABB launched Diamond Mining Ship, created the new 177-meter ship.It will surpass Debmarine Namibia's current largest vessel, the Mafuta, by 8,000 tons displacement to become the largest ship in the owner's fleet.
It is anticipated to boost the shipowner's yearly production by 35%,The vessel will operate at an uptime that is unmatched thanks to the most recent ABB technology.
The solution includes a sizable online double-conversion marine uninterruptible power supply to support the ship's essential control processes, significantly lowering the risk of critical power loss and downtime. It also includes advanced power generation, distribution, and variable speed drive propulsion systems.
The onboard control systems of the subsea-crawler and processing facility that sift through silt hauled from the seabed to recover diamonds are supported by power backup provided by ABB's MUPS, which is designed for uninterrupted availability.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |