Allied Market Research
Loading...
0
Allied Market Research

Integrated Marine Automation Market by Autonomy (Autonomous, Remotely Operated, and Partial Automation), Ship Type (Commercial, Defense, and Unmanned), End User (OEM and Aftermarket), Solution (Products and Services): Global Opportunity Analysis and Industry Forecast, 2021–2028

A11529
Pages: NA
Aug 2021 | 167 Views
   
Author(s) : Sonia Mutreja
Tables: NA
Charts: NA
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • IComes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Integrated Marine Automation Market

Request Now !

Integrated Marine Automation Market Outlook 2028 -

Integrated Marine Automation System is used to improve operational efficiency and safety of ships. Ships having integrated automation system have the capability to take better decisions based on sensor fusion technology and artificial intelligence (AI). Furthermore, it helps in identifying threats and neutralizing them by improving vessel performance.  All these technologies are used for processing data so that human intervention can be reduced, thus reducing chances of error. These features of automation system are gaining more and more popularity since it reduces space. In addition, it also requires less crew needed on the ship, reducing training cost of crew as smaller number of people are required on board. In recent times, there has been an increase in maritime trade, hence the use of integrated marine automation in new ships and retrofitting of existing ships has increased, which has led to rise in growth of the integrated marine automation market.

Market Scope and Structure Analysis:

Report Metric

Details

  Market size available for years

  2020–2028

  Base year considered

  2020

  Forecast period

  2021–2028

  Forecast units

  Value (USD)

  Segments covered

  Autonomy, Ship Type, End User, Solution, and Region

  Regions covered

North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Brazil, Turkey, Saudi Arabia, South Africa, and Rest of LAMEA)

  Companies covered

ABB Group, Honeywell International, API Marine Inc., Rolls-Royce PLC, Kongsberg, Siemens, Hyundai Heavy Industries, General Electric, Tokyo Keiki, Fincantieri S.p.A

 

COVID-19 Impact Analysis:

Due to the outbreak of COVID-19 pandemic, a lot of cargo and passenger ships were not allowed to dock at ports by local authorities. Hence a lot of merchant sailors were stranded on ship itself. Ship owners also had to pay additional cost since their ships were stranded on territorial water for an extended period. In addition, owing to the outbreak, movement of ships were restricted thus there were a lot of seafarers who reached to the end of their employment contract and needed them to be renewed. Moreover, to prevent the risk of spreading of COVID-19 there has been a decline in import and export of products and goods. Small companies, which were engaged in the shipping industry have  become bankrupt due to less demand. Thus all these factors halted growth of the marine automation  market due to COVID-19 pandemic.

Top Impacting Factors

  • Rise in software development, adoption of internet of things (IoT) for real-time decision making, and increase in demand for situational awareness in ships drive growth of the market.
  • However, increase in cyber threats and poor network connectivity is expected to hamper growth of the market.
  • Moreover, revision of marine safety regulations and advancements in sensor technologies & improved navigation systems in ships can be seen as an opportunity for growth in the market investments.

Market Trends

Rise in software development

Software plays an important role in functioning of integrated automation systems. It provides ships with details for smooth operations, better management, and timely monitoring of health. Software also consists of features that can be used for traffic management at ports as there is a huge rush and extreme precision is required. For instance, in September 2020, maritime artificial intelligence analytics 4.0 was released by Winward (UK). It is a new marine automation software technology, which is capable of screening, searching, and analyzing dynamic maritime data. Collected data is analyzed automatically and it also compares the collected data with previous results. Then the analyzed data is used to display all potential risks. Software also uses dynamic predictive intelligence, which is based on ship’s identity, type of cargo it is carrying, its location, and voyage pattern to link this data to patterns and profiles. It can also detect irregularities in voyage pattern, path it is going through, and adverse weather conditions. Thus, growing developments in software and artificial intelligence (AI) technology are expected to drive growth of the integrated marine automation system market.                 

Key Segments Covered:

Segments

Subsegments

  Autonomy

  • Autonomous
  • Remotely Operated
  • Partial Automation

  Ship Type

  • Commercial
  • Defense
  • Unmanned

  End User

  • OEM
  • Aftermarket

  Solution

  • Products
  • Services

  Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Turkey
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA

 

Key Benefits of the Report:

  • This study presents the analytical depiction of the integrated marine automation market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with challenges of the integrated marine automation market.
  • The current market is quantitatively analyzed from 2020 to 2028 to highlight the integrated marine automation market growth scenario.
  • The report provides detailed integrated marine automation market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the integrated marine automation market research report:

  • Which are the leading market players active in the integrated marine automation market?
  • What would be the detailed impact of COVID-19 on the market?
  • What current trends would influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the integrated marine automation market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
PURCHASE OPTIONS

Start reading ,This Report and over 13000+ thousand more Reports, Available with Avenue Library, T&C*

Call or Email us

U.S.-Canada
Toll-free :
+1-800-792-5285,
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

RELATED TAGS

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Integrated Marine Automation Market

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $9,995  $8,996
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading.
    This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Erythropoietin Drugs Market

Global Opportunity Analysis and Industry Forecast, 2021–2028

Published in May 2021

Download Sample

Protein Therapeutics Market

Global Opportunity Analysis and Industry Forecast, 2017-2023

Published in Nov 2017

Download Sample

Surgical Equipment Market

Global Opportunity Analysis and Industry Forecast, 2020-2027

Published in Jan 2021

Download Sample

Medical Implant Market

Global Opportunity Analysis and Industry Forecast, 2020–2027

Published in Nov 2020

Download Sample

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers