Alongside the rise of the industrial internet, every aspect of shipping has been touched by the integration of automation and big data. The ‘connected ship’ represents a model where vessels are tracked and managed via satellite, offering streamlined reporting and improved vessel operating efficiency, including fuel management.
Market Analysis and Insights: Global Connected Smart Ship Market
The global Connected Smart Ship market size is projected to reach US$ million by 2028, from US$ million in 2021, at a CAGR of % during 2022-2028.
The European region is projected to lead the connected ship market during the forecast period. Although the shipbuilding industry in the region is going through a rough patch at present, the increased demand for autonomous ships and cruises from the region is expected to fuel the growth of the Europe connected ship market during the forecast period. The European region is one of the prime consumers of marine electronic equipment as some of the leading shipbuilding countries such as Germany, France, Italy, and Russia are in this region. The shipbuilding industry of the European region offers complex naval vessels such as cruises, ferries, mega yachts, submarines, and dredgers (offshore vessels) and hence, holds a strong position in the international market. Moreover, the marine equipment industry of the region also offers a wide range of products/ship components such as propulsion systems, diesel engines, environment safety systems, cargo handling systems, and related electronic products.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Connected Smart Ship market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Connected Smart Ship market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Connected Smart Ship market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Connected Smart Ship market.
Global Connected Smart Ship Scope and Market Size
Connected Smart Ship market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Connected Smart Ship market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Hardware
Software
Segment by Application
Vessel Traffic Management
Fleet Operations
Fleet Health Monitoring
By Company
ABB
Emerson
GE
Hyundai Heavy Industries(HHI)
Jason
Kongsberg Gruppen
Marlink
Northrop Grumman
RH Marine
Rockwell
Schneider Electric
Siemens
Ulstein
Valmet
Wartsila
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Market Analysis and Insights: Global Connected Smart Ship Market
The global Connected Smart Ship market size is projected to reach US$ million by 2028, from US$ million in 2021, at a CAGR of % during 2022-2028.
The European region is projected to lead the connected ship market during the forecast period. Although the shipbuilding industry in the region is going through a rough patch at present, the increased demand for autonomous ships and cruises from the region is expected to fuel the growth of the Europe connected ship market during the forecast period. The European region is one of the prime consumers of marine electronic equipment as some of the leading shipbuilding countries such as Germany, France, Italy, and Russia are in this region. The shipbuilding industry of the European region offers complex naval vessels such as cruises, ferries, mega yachts, submarines, and dredgers (offshore vessels) and hence, holds a strong position in the international market. Moreover, the marine equipment industry of the region also offers a wide range of products/ship components such as propulsion systems, diesel engines, environment safety systems, cargo handling systems, and related electronic products.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Connected Smart Ship market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Connected Smart Ship market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Connected Smart Ship market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Connected Smart Ship market.
Global Connected Smart Ship Scope and Market Size
Connected Smart Ship market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Connected Smart Ship market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Hardware
Software
Segment by Application
Vessel Traffic Management
Fleet Operations
Fleet Health Monitoring
By Company
ABB
Emerson
GE
Hyundai Heavy Industries(HHI)
Jason
Kongsberg Gruppen
Marlink
Northrop Grumman
RH Marine
Rockwell
Schneider Electric
Siemens
Ulstein
Valmet
Wartsila
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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