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Marine Telematics Market by Component [Hardware, Software, and Service (Safety & security, information & navigation, entertainment, and Diagnostics)] and Application (Commercial, Passenger, and Defense): Global Opportunity Analysis and Industry Forecast, 2019–2026

AU_196073
Pages: 226
Sep 2019 | 64 Views
 
Author(s) : Pranav Padalkar , Supradip Baul
Tables: 74
Charts: 53
 

Marine Telematics Market Outlook-2026

The global marine telematics market was valued at $6.80 million in 2018, and is projected to reach $29.95 million by 2026, registering a CAGR of 21.3% from 2019 to 2026. By application type, the commercial segment was the highest revenue contributor in 2018, accounting for $5.3 million, and is estimated to reach $23.0 million by 2026, registering a CAGR of 20.9% during the forecast period. In 2018, the Asia-Pacific region was anticipated to account for the major Marine telematics market share.

Marine Telematics Market

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Marine telematics systems have a core function of recording information about vessels and send, process, and store the data through telecommunication devices to improve operations. This technology is also used to control and monitor ships. The marine telematics solutions are used in businesses such as boating, shipping, recreational fishing, and commercial fishing industries. It involves the use of wireless voice and data communication systems, which provide functions such as vessel tracking, emergency aid warning notification, system monitoring, stolen vehicle recovery, and other features.

Systems normally consist of a user interface, satellite antenna, and a communication link with vessels electronic systems. This technology can be vital to users as it provides a satellite link to the outside world when other mode of communications are unavailable.

The marine telematics system is enabled by a hardware & software device that gets installed into ships. A SIM card and modem enables communication on s cellular network. Telematics derive data like vessel’s GPS position, accelerometer, and speed that is later processed at the data center. These components accesses and communicate updated facts such as water temperature, pollutants, level of fuel in tankers, equipment functioning, and several ship related information to the concerned authorities. This ultimately forms a cornerstone for vehicle tracking and stolen vehicle recovery. This information can be accessed by consumers by the use of a mobile application or internet tracking software to monitor their vessels in real time.

Region-wise, Asia-Pacific is driving the growth of the market due to the high number of container ship transportation. Moreover, the demand for these features is expected to increase due to improved operational safety requirements in the Asia-Pacific.

In addition, the market is driven by enhanced ship monitoring, fuel management, and rise in trend of connectivity solutions. In addition, vehicle diagnoses due to telematics systems also propels the growth of the market. However, high integration cost and lack of uninterrupted & seamless internet connectivity are some of the major factors that restrain the marine telematics market growth. Furthermore, anticipated trend of automation in marine transportation and better driver and vessel safety ensures emerging growth opportunities for this market globally. Further, trend of complete automation in the transport sector along with the increase in maritime safety norms are expected to create numerous opportunities for the market expansion. The marine telematics market forecasted from 2019 to 2026 by considering all the driving factors that influence equally to the marine telematics market statistics.

Marine Telematics Market
By component

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Software by component type segment is projected as the most lucrative segments

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The market is segmented into component type, application, and region. The major factors that drive the growth of the market include increase in operational safety for ships and rapid developments & improvements in the maritime industry. Furthermore, systems with in-built components such as AI, IoT, advance navigation system, and others improve the ship operation, thus drives the market growth.

The key players operating in the marine telematics market include Technoton, AST MSL., Boat Command, Sentinel Marine solutions, Navis, Cybernetica, ki2 Infotech, Market Spectrum, Traxens, and Metocean.

Enhanced ship monitoring and fuel management

Owning to lack of technical know-how about fuel monitoring tools, many conventional fleet operators face issues to measure accurate consumption of fuel required for vessels. Thus, by using the Internet of Things (IoT), fuel consumption can be kept under check. Specially designed sensors are embedded in fuel tanks that send notifications to a user’s mobile handset or computer, through public cloud about fuel levels in ships. Moreover, telematics is used for entertainment, automatic crash notification, and navigation. Such innovations in the marine industry and fuel monitoring are expected to create a demand for telematics services.

Marine Telematics Market
By Region

2026
Europe 
North America
Asia-Pacific
LAMEA

Europe by region segment is projected as the most lucrative segments

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Rise in trend of connectivity solutions

Fleet smartphones have changed the definition of connectivity over time. People wish to stay connected with the outer world even while travelling. Now that connectivity has become the need of the hour, automobile manufacturers are adopting connectivity solutions in ships to boost their transportation sales. Consumers are expecting their vessels to perform tasks similar to computers and smart phones. Adding connectivity solutions in ships has become the top most priority for marine product manufacturers. Many connectivity solutions are integrated in modern ships that need internet services to perform their respective functions. Connectivity can be provided in a vessel using embedded, integrated, or tethered connectivity solutions. The transportation industry is witnessing a phase of digital revolution. For instance, companies such as Sentinel Marine solutions, Go Free Marine, Boat Command, and others have started offering mobile supported monitoring systems for vessel to track real time activities. Therefore, the marine telematics market is expected to grow at a promising rate due to the rise in customer demands for staying connected 24*7.

High integration cost

Telematic systems are extremely costly to integrate and repair in case of a failure. They add extra weight and acquire more space in ships. They also require regular upgradation, in terms of software. The additional costs incurred while providing connectivity in vessels is expected to restrict the growth of the marine telematics market. Connectivity solutions in ships incurs additional expenses to consumers in the form of hardware, connectivity solutions, and telecom service charges. These additional costs bestowed upon the consumer have a significant impact on the marine telematics market. Thus, high installation cost is expected to hinder the market.

Lack of uninterrupted and seamless internet connectivity

The main objective of marine telematics is to provide wireless voice and data communication systems for vessel tracking, emergency aid activation, system monitoring, and other applications. The satellite range may be interrupted due to internet connectivity in some areas. Weak connectivity for solutions of telematics restrict the growth of the marine telematics segment as it fails to offer a seamless internet service. This occurs mostly due to inconsistency in network offered by service providers, which varies for different regions.    Thus, acts as a restrain for the market growth.

Anticipated trend of automation in marine transportation

The steps taken toward automation and use of advance technologies such AI and IoT for demonstration of marine telematics bring various countries together to develop automated vessels for ships, which eventually leads to the growth of telematic services in different regions. For instance, Navis started offering telematics solutions named as Bluetracker One, Bluetracker Automatic and Bluetracker Reporting for real time vessel performance management. In addition, Market Spectrum, Inc also started the use of  remote analytics tools for vessel monitoring which includes VTracker Insight X2, Nevata, XPulse, and others. Furthermore, introduction of autonomous marine technology inmarine transportation is expected to eventually lead to the growth of the marine telematics market in the near future.

Better driver and vessel safety

Real-time monitoring, geofencing, and diagnostic features are incorporated in marine transport, due to increase in demand for fleet safety and security in transportation of goods through commercial vessels. According to telematics service providers, telematics in ships is expected to grow rapidly in developing nations. Asia-Pacific has witnessed strong adoption of solutions such as installation of Global Positioning System (GPS) in commercial vessels, due to regulatory mandates. Tracking and follow-up of fleet and drivers are the major tasks of a fleet operational manager. Number of accidents have increased at a considerable rate, which has become a crucial matter to be handled by fleet owners. Moreover, safety and security of both driver and vehicle has always been crucial from the perspective of consumers as well as ship manufacturers. In case of accidents, these monitoring solutions can send an SOS message along with the coordinates of driver’s location. Therefore, increase in need for safety and security is expected to boost the growth of the marine telematics market.

Key Benefits for Marine Telematics Market:

  • This study presents analytical depiction of the marine telematics market analysis along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall market potential is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities of the market with a detailed impact analysis.
  • The current marine telematics market size is quantitatively analyzed from 2018 to 2026 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the marine telematics industry.

Marine Telematics Key Market Segments:

By Component

  • Hardware
  • Software
  • Services

By Application

  • Commercial
  • Passenger
  • Defense

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • Norway
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies

3.3. Porter’s five forces analysis
3.4. Key Player Positioning (2018)
3.5. Market dynamics

3.5.1. Drivers

3.5.1.1. Enhance ship monitoring and fuel management
3.5.1.2. Rise in trend of connectivity solutions

3.5.2. Restraint

3.5.2.1. High integration cost
3.5.2.2. Lack of uninterrupted & seamless internet connectivity

3.5.3. Opportunities

3.5.3.1. Anticipated trend of automation in marine transportation
3.5.3.2. Better driver and vessel safety

CHAPTER 4: MARINE TELEMATICS MARKET, BY COMPONENT

4.1. Overview
4.2. HARDWARE

4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country

4.3. SOFTWARE

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country

CHAPTER 5: MARINE TELEMATICS MARKET, BY APPLICATION

5.1. Overview
5.2. Commercial

5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. General Cargo
5.2.4. Gas & Oil Tanker
5.2.5. Others
5.2.6. Market analysis by country

5.3. Passenger

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country

5.4. Defense

5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country

CHAPTER 6: MARINE TELEMATICS MARKET, BY SERVICE

6.1. Overview
6.2. Safety & security

6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market analysis by country

6.3. Information & navigation

6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market analysis by country

6.4. Entertainment

6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market analysis by country

6.5. diagnostics

6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by region
6.5.3. Market analysis by country

CHAPTER 7: MARINE TELEMATICS MARKET, BY REGION

7.1. Overview
7.2. North America

7.2.1. Key market trends, growth factors, and opportunities
7.2.2. Market size and forecast, by COMPONENT
7.2.3. Market size and forecast, by application
7.2.4. Market size and forecast, by Service
7.2.5. Market analysis by country

7.2.5.1. U.S.

7.2.5.1.1. Market size and forecast, by COMPONENT
7.2.5.1.2. Market size and forecast, by application
7.2.5.1.3. Market size and forecast, by Service

7.2.5.2. Canada

7.2.5.2.1. Market size and forecast, by COMPONENT
7.2.5.2.2. Market size and forecast, by application
7.2.5.2.3. Market size and forecast, by Service

7.2.5.3. Mexico

7.2.5.3.1. Market size and forecast, by COMPONENT
7.2.5.3.2. Market size and forecast, by application
7.2.5.3.3. Market size and forecast, by Service

7.3. Europe

7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Market size and forecast, by COMPONENT
7.3.3. Market size and forecast, by application
7.3.4. Market size and forecast, by Service
7.3.5. Market analysis by country

7.3.5.1. UK

7.3.5.1.1. Market size and forecast, by COMPONENT
7.3.5.1.2. Market size and forecast, by application
7.3.5.1.3. Market size and forecast, by Service

7.3.5.2. Norway

7.3.5.2.1. Market size and forecast, by COMPONENT
7.3.5.2.2. Market size and forecast, by application
7.3.5.2.3. Market size and forecast, by Service

7.3.5.3. France

7.3.5.3.1. Market size and forecast, by COMPONENT
7.3.5.3.2. Market size and forecast, by application
7.3.5.3.3. Market size and forecast, by Service

7.3.5.4. Germany

7.3.5.4.1. Market size and forecast, by COMPONENT
7.3.5.4.2. Market size and forecast, by application
7.3.5.4.3. Market size and forecast, by Service

7.3.5.5. Rest of Europe

7.3.5.5.1. Market size and forecast, by COMPONENT
7.3.5.5.2. Market size and forecast, by application
7.3.5.5.3. Market size and forecast, by Service

7.4. Asia-Pacific

7.4.1. Key market trends, growth factors, and opportunities
7.4.2. Market size and forecast, by COMPONENT
7.4.3. Market size and forecast, by application
7.4.4. Market size and forecast, by Service
7.4.5. Market analysis by country

7.4.5.1. China

7.4.5.1.1. Market size and forecast, by COMPONENT
7.4.5.1.2. Market size and forecast, by application
7.4.5.1.3. Market size and forecast, by Service

7.4.5.2. Japan

7.4.5.2.1. Market size and forecast, by COMPONENT
7.4.5.2.2. Market size and forecast, by application
7.4.5.2.3. Market size and forecast, by Service

7.4.5.3. India

7.4.5.3.1. Market size and forecast, by COMPONENT
7.4.5.3.2. Market size and forecast, by application
7.4.5.3.3. Market size and forecast, by Service

7.4.5.4. South Korea

7.4.5.4.1. Market size and forecast, by COMPONENT
7.4.5.4.2. Market size and forecast, by application
7.4.5.4.3. Market size and forecast, by Service

7.4.5.5. Rest of Asia-Pacific

7.4.5.5.1. Market size and forecast, by COMPONENT
7.4.5.5.2. Market size and forecast, by application
7.4.5.5.3. Market size and forecast, by Service

7.5. LAMEA

7.5.1. Key market trends, growth factors, and opportunities
7.5.2. Market size and forecast, by COMPONENT
7.5.3. Market size and forecast, by application
7.5.4. Market size and forecast, by Service
7.5.5. Market analysis by country

7.5.5.1. Latin America

7.5.5.1.1. Market size and forecast, by COMPONENT
7.5.5.1.2. Market size and forecast, by application
7.5.5.1.3. Market size and forecast, by Service

7.5.5.2. Middle East

7.5.5.2.1. Market size and forecast, by COMPONENT
7.5.5.2.2. Market size and forecast, by application
7.5.5.2.3. Market size and forecast, by Service

7.5.5.3. Africa

7.5.5.3.1. Market size and forecast, by COMPONENT
7.5.5.3.2. Market size and forecast, by application
7.5.5.3.3. Market size and forecast, by Service

CHAPTER 8: COMPANY PROFILES

8.1. Ki2 Infotech

8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Product portfolio

8.2. Navis

8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product portfolio
8.2.5. Business performance
8.2.6. Key strategic moves and developments

8.3. Market Spectrum

8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Product portfolio

8.4. Cybernetica  AS

8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Product portfolio

8.5. AST Marine Sciences Ltd

8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Product portfolio
8.5.5. Key strategic moves and developments

8.6. Technoton

8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Product portfolio
8.6.4. Key strategic moves and developments

8.7. Boat Command Corporation

8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Product portfolio

8.8. Sentinel Marine solutions

8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Product portfolio

8.9. METOCEAN TELEMATICS

8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segmentsMetOcean Telematics operates its business through reportable segments
8.9.4. Product portfolio
8.9.5. Key strategic moves and developments

8.10. Traxens

8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
TRAXENS operates its business through reportable segments
8.10.4. Product portfolio
8.10.5. Key strategic moves and developments

LIST OF TABLES

TABLE 01. GLOBAL MARINE TELEMATICS MARKET, BY COMPONENT, 2017-2025($MILLION)
TABLE 02. MARINE TELEMATICS MARKET REVENUE FOR HARDWARE, BY REGION 2017-2025 ($MILLION)
TABLE 03. MARINE TELEMATICS MARKET REVENUE FOR SOFTWARE, BY REGION 2017-2025 ($MILLION)
TABLE 04. GLOBAL MARINE TELEMATICS MARKET, BY APPLICATION, 2017-2025($MILLION)
TABLE 05. MARINE TELEMATICS MARKET REVENUE FOR COMMERCIAL, BY REGION 2017-2025 ($MILLION)
TABLE 06. MARINE TELEMATICS MARKET REVENUE FOR NLP, BY REGION 2017-2025 ($MILLION)
TABLE 07. MARINE TELEMATICS MARKET REVENUE FOR DEFENSE, BY REGION 2017–2025 ($MILLION)
TABLE 08. GLOBAL MARINE TELEMATICS MARKET, BY SERVICE, 2017-2025($MILLION)
TABLE 09. MARINE TELEMATICS MARKET REVENUE FOR SAFETY & SECURITY, BY REGION 2017-2025 ($MILLION)
TABLE 10. MARINE TELEMATICS MARKET REVENUE FOR INFORMATION & NAVIGATION, BY REGION 2017-2025 ($MILLION)
TABLE 11. MARINE TELEMATICS MARKET REVENUE FOR ENTERTAINMENT, BY REGION 2017–2025 ($MILLION)
TABLE 12. MARINE TELEMATICS MARKET REVENUE FOR OTHERS, BY REGION 2017–2025 ($MILLION)
TABLE 13. NORTH AMERICAN MARINE TELEMATICS MARKET, BY COMPONENT, 2017–2025 ($MILLION)
TABLE 14. NORTH AMERICAN MARINE TELEMATICS MARKET, BY APPLICATION, 2017–2025 ($MILLION)
TABLE 15. NORTH AMERICAN MARINE TELEMATICS MARKET, BY SERVICE, 2017–2025 ($MILLION)
TABLE 16. U.S. MARINE TELEMATICS MARKET, BY COMPONENT, 2017–2025 ($MILLION)
TABLE 17. U.S. MARINE TELEMATICS MARKET, BY APPLICATION, 2017–2025 ($MILLION)
TABLE 18. U. S. MARINE TELEMATICS MARKET, BY SERVICE, 2017–2025 ($MILLION)
TABLE 19. CANADA MARINE TELEMATICS MARKET, BY COMPONENT, 2017–2025 ($MILLION)
TABLE 20. CANADA MARINE TELEMATICS MARKET, BY APPLICATION, 2017–2025 ($MILLION)
TABLE 21. CANADA MARINE TELEMATICS MARKET, BY SERVICE, 2017–2025 ($MILLION)
TABLE 22. MEXICO MARINE TELEMATICS MARKET, BY COMPONENT, 2017–2025 ($MILLION)
TABLE 23. MEXICO MARINE TELEMATICS MARKET, BY APPLICATION, 2017–2025 ($MILLION)
TABLE 24. MEXICO MARINE TELEMATICS MARKET, BY SERVICE, 2017–2025 ($MILLION)
TABLE 25. EUROPEAN MARINE TELEMATICS MARKET, BY COMPONENT, 2017–2025 ($MILLION)
TABLE 26. EUROPEAN MARINE TELEMATICS MARKET, BY APPLICATION, 2017–2025 ($MILLION)
TABLE 27. EUROPEAN MARINE TELEMATICS MARKET, BY SERVICE, 2017–2025 ($MILLION)
TABLE 28. UK MARINE TELEMATICS MARKET, BY COMPONENT, 2017–2025 ($MILLION)
TABLE 29. UK MARINE TELEMATICS MARKET, BY APPLICATION, 2017–2025 ($MILLION)
TABLE 30. UK MARINE TELEMATICS MARKET, BY SERVICE, 2017–2025 ($MILLION)
TABLE 31. NORWAY MARINE TELEMATICS MARKET, BY COMPONENT, 2017–2025 ($MILLION)
TABLE 32. NORWAY MARINE TELEMATICS MARKET, BY APPLICATION, 2017–2025 ($MILLION)
TABLE 33. NORWAY MARINE TELEMATICS MARKET, BY SERVICE, 2017–2025 ($MILLION)
TABLE 34. FRANCE MARINE TELEMATICS MARKET, BY COMPONENT, 2017–2025 ($MILLION)
TABLE 35. FRANCE MARINE TELEMATICS MARKET, BY APPLICATION, 2017–2025 ($MILLION)
TABLE 36. FRANCE MARINE TELEMATICS MARKET, BY SERVICE, 2017–2025 ($MILLION)
TABLE 37. GERMANY MARINE TELEMATICS MARKET, BY COMPONENT, 2017–2025 ($MILLION)
TABLE 38. GERMANY MARINE TELEMATICS MARKET, BY APPLICATION, 2017–2025 ($MILLION)
TABLE 39. GERMANY MARINE TELEMATICS MARKET, BY SERVICE, 2017–2025 ($MILLION)
TABLE 40. REST OF EUROPE MARINE TELEMATICS MARKET, BY COMPONENT, 2017–2025 ($MILLION)
TABLE 41. REST OF EUROPE MARINE TELEMATICS MARKET, BY APPLICATION, 2017–2025 ($MILLION)
TABLE 42. REST OF EUROPE MARINE TELEMATICS MARKET, BY SERVICE, 2017–2025 ($MILLION)
TABLE 43. ASIA-PACIFIC MARINE TELEMATICS MARKET, BY COMPONENT, 2017–2025 ($MILLION)
TABLE 44. ASIA-PACIFIC MARINE TELEMATICS MARKET, BY APPLICATION, 2017–2025 ($MILLION)
TABLE 45. ASIA-PACIFIC MARINE TELEMATICS MARKET, BY SERVICE, 2017–2025 ($MILLION)
TABLE 46. CHINA MARINE TELEMATICS MARKET, BY COMPONENT, 2017–2025 ($MILLION)
TABLE 47. CHINA MARINE TELEMATICS MARKET, BY APPLICATION, 2017–2025 ($MILLION)
TABLE 48. CHINA MARINE TELEMATICS MARKET, BY SERVICE, 2017–2025 ($MILLION)
TABLE 49. JAPAN MARINE TELEMATICS MARKET, BY COMPONENT, 2017–2025 ($MILLION)
TABLE 50. JAPAN MARINE TELEMATICS MARKET, BY APPLICATION, 2017–2025 ($MILLION)
TABLE 51. JAPAN MARINE TELEMATICS MARKET, BY SERVICE, 2017–2025 ($MILLION)
TABLE 52. INDIA MARINE TELEMATICS MARKET, BY COMPONENT, 2017–2025 ($MILLION)
TABLE 53. INDIA MARINE TELEMATICS MARKET, BY APPLICATION, 2017–2025 ($MILLION)
TABLE 54. INDIA MARINE TELEMATICS MARKET, BY SERVICE, 2017–2025 ($MILLION)
TABLE 55. SOUTH KOREA MARINE TELEMATICS MARKET, BY COMPONENT, 2017–2025 ($MILLION)
TABLE 56. SOUTH KOREA MARINE TELEMATICS MARKET, BY APPLICATION, 2017–2025 ($MILLION)
TABLE 57. SOUTH KOREA MARINE TELEMATICS MARKET, BY SERVICE, 2017–2025 ($MILLION)
TABLE 58. REST OF ASIA-PACIFIC MARINE TELEMATICS MARKET, BY COMPONENT, 2017–2025 ($MILLION)
TABLE 59. REST OF ASIA-PACIFIC MARINE TELEMATICS MARKET, BY APPLICATION, 2017–2025 ($MILLION)
TABLE 60. REST OF ASIA-PACIFIC MARINE TELEMATICS MARKET, BY SERVICE, 2017–2025 ($MILLION)
TABLE 61. LAMEA MARINE TELEMATICS MARKET, BY COMPONENT, 2017–2025 ($MILLION)
TABLE 62. LAMEA MARINE TELEMATICS MARKET, BY APPLICATION, 2017–2025 ($MILLION)
TABLE 63. LAMEA MARINE TELEMATICS MARKET, BY SERVICE, 2017–2025 ($MILLION)
TABLE 64. LATIN AMERICA MARINE TELEMATICS MARKET, BY COMPONENT, 2017–2025 ($MILLION)
TABLE 65. LATIN AMERICA MARINE TELEMATICS MARKET, BY APPLICATION, 2017–2025 ($MILLION)
TABLE 66. LATIN AMERICA MARINE TELEMATICS MARKET, BY SERVICE, 2017–2025 ($MILLION)
TABLE 67. MIDDLE EAST MARINE TELEMATICS MARKET, BY COMPONENT, 2017–2025 ($MILLION)
TABLE 68. MIDDLE EAST MARINE TELEMATICS MARKET, BY APPLICATION, 2017–2025 ($MILLION)
TABLE 69. MIDDLE EAST MARINE TELEMATICS MARKET, BY SERVICE, 2017–2025 ($MILLION)
TABLE 70. AFRICA MARINE TELEMATICS MARKET, BY COMPONENT, 2017–2025 ($MILLION)
TABLE 71. AFRICA MARINE TELEMATICS MARKET, BY APPLICATION, 2017–2025 ($MILLION)
TABLE 72. AFRICA MARINE TELEMATICS MARKET, BY SERVICE, 2017–2025 ($MILLION)
TABLE 73. KI2 INFOTECH PRIVATE LIMITED.: COMPANY SNAPSHOT
TABLE 74. KI2 INFOTECH PRIVATE LIMITED.: OPERATING SEGMENTS
TABLE 75. KI2 INFOTECH: PRODUCT PORTFOLIO
TABLE 76. CARGOTEC.: COMPANY SNAPSHOT
TABLE 77. CARGOTEC.: OPERATING SEGMENTS
TABLE 78. CARGOTEC.: PRODUCT PORTFOLIO
TABLE 79. MARKET SPECTRUM, INC. (MSI): COMPANY SNAPSHOT
TABLE 80. MARKET SPECTRUM, INC. (MSI): PRODUCT PORTFOLIO
TABLE 81. CYBERNETICA AS: COMPANY SNAPSHOT
TABLE 82. CYBERNETICA AS: OPERATING SEGMENTS
TABLE 83. CYBERNETICA AS: PRODUCT PORTFOLIO
TABLE 84. AST MARINE SCIENCES LTD.: COMPANY SNAPSHOT
TABLE 85. AST MARINE SCIENCES LTD: OPERATING SEGMENTS
TABLE 86. AST MARINE SCIENCES LTD: PRODUCT PORTFOLIO
TABLE 87. TECHNOTON.: COMPANY SNAPSHOT
TABLE 88. TECHNOTON.: PRODUCT PORTFOLIO
TABLE 89. BOAT COMMAND CORPORATION.: COMPANY SNAPSHOT
TABLE 90. BOAT COMMAND CORPORATION: MARINE PRODUCT PORTFOLIO
TABLE 91. SENTINEL MARINE SOLUTIONS: COMPANY SNAPSHOT
TABLE 92. SENTINEL MARINE SOLUTIONS: PRODUCT PORTFOLIO
TABLE 93. METOCEAN TELEMATICS: COMPANY SNAPSHOT
TABLE 94. METOCEAN TELEMATICS: PRODUCT PORTFOLIO
TABLE 95. METOCEAN TELEMATICS: PRODUCT PORTFOLIO
TABLE 96. TRAXENS: COMPANY SNAPSHOT
TABLE 97. TRAXENS: PRODUCT PORTFOLIO
TABLE 98. METOCEAN TELEMATICS: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. EXECUTIVE SUMMARY
FIGURE 03. EXECUTIVE SUMMARY
FIGURE 04. TOP IMPACTING FACTORS
FIGURE 05. TOP INVESTMENT POCKETS
FIGURE 06. TOP WINNING STRATEGIES, BY YEAR, 2014–2018*
FIGURE 07. TOP WINNING STRATEGIES, BY YEAR, 2014–2018*
FIGURE 08. TOP WINNING STRATEGIES, BY COMPANY, 2014–2018*
FIGURE 09. MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 10. MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 11. MODERATE THREAT OF SUBSTITUTES
FIGURE 12. HIGH-TO-MODERATE INTENSITY OF RIVALRY
FIGURE 13. HIGH-TO-MODERATE BARGAINING POWER OF BUYERS
FIGURE 14. MARKET SHARE ANALYSIS (2017)
FIGURE 15. GLOBAL MARINE TELEMATICS MARKET SHARE, BY COMPONENT, 2017–2025 (%)
FIGURE 16. COMPARATIVE SHARE ANALYSIS OF MARINE TELEMATICS MARKET FOR HARDWARE, BY COUNTRY, 2017 & 2025 (%)
FIGURE 17. COMPARATIVE SHARE ANALYSIS OF MARINE TELEMATICS MARKET FOR SOFTWARE, BY COUNTRY, 2017 & 2025 (%)
FIGURE 18. GLOBAL MARINE TELEMATICS MARKET SHARE, BY APPLICATION, 2017–2025 (%)
FIGURE 19. GLOBAL MARINE TELEMATICS MARKET SHARE, BY GENERAL CARGO, 2017–2025 (%)
FIGURE 20. GLOBAL MARINE TELEMATICS MARKET SHARE, BY GAS & OIL TANKER, 2017–2025 (%)
FIGURE 21. GLOBAL MARINE TELEMATICS MARKET SHARE, BY OTHERS, 2017–2025 (%)
FIGURE 22. COMPARATIVE SHARE ANALYSIS OF MARINE TELEMATICS MARKET FOR COMMERCIAL, BY COUNTRY, 2017 & 2025 (%)
FIGURE 23. COMPARATIVE SHARE ANALYSIS OF MARINE TELEMATICS MARKET FOR NLP, BY COUNTRY, 2017 & 2025 (%)
FIGURE 24. COMPARATIVE SHARE ANALYSIS OF MARINE TELEMATICS MARKET FOR DEFENSE, BY COUNTRY, 2017 & 2025 (%)
FIGURE 25. GLOBAL MARINE TELEMATICS MARKET SHARE, BY SERVICE, 2017–2025 (%)
FIGURE 26. COMPARATIVE SHARE ANALYSIS OF MARINE TELEMATICS MARKET FOR SAFETY & SECURITY, BY COUNTRY, 2017 & 2025 (%)
FIGURE 27. COMPARATIVE SHARE ANALYSIS OF MARINE TELEMATICS MARKET FOR INFORMATION & NAVIGATION, BY COUNTRY, 2017 & 2025 (%)
FIGURE 28. COMPARATIVE SHARE ANALYSIS OF MARINE TELEMATICS MARKET FOR ENTERTAINMENT, BY COUNTRY, 2017 & 2025 (%)
FIGURE 29. COMPARATIVE SHARE ANALYSIS OF MARINE TELEMATICS MARKET FOR OTHERS, BY COUNTRY, 2017 & 2025 (%)
FIGURE 30. MARINE TELEMATICS MARKET, BY REGION, 2017-2025 (%)
FIGURE 31. COMPARATIVE SHARE ANALYSIS OF MARINE TELEMATICS MARKET, BY COUNTRY, 2017–2025 (%)
FIGURE 32. U.S. MARINE TELEMATICS MARKET, 2017–2025 ($MILLION)
FIGURE 33. CANADA MARINE TELEMATICS MARKET, 2017–2025 ($MILLION)
FIGURE 34. MEXICO MARINE TELEMATICS MARKET, 2017–2025 ($MILLION)
FIGURE 35. COMPARATIVE SHARE ANALYSIS OF MARINE TELEMATICS MARKET, BY COUNTRY, 2017–2025 (%)
FIGURE 36. UK MARINE TELEMATICS MARKET, 2017–2025 ($MILLION)
FIGURE 37. NORWAY MARINE TELEMATICS MARKET, 2017–2025 ($MILLION)
FIGURE 38. FRANCE MARINE TELEMATICS MARKET, 2017–2025 ($MILLION)
FIGURE 39. GERMANY MARINE TELEMATICS MARKET, 2017–2025 ($MILLION)
FIGURE 40. REST OF EUROPE MARINE TELEMATICS MARKET, 2017–2025 ($MILLION)
FIGURE 41. COMPARATIVE SHARE ANALYSIS OF MARINE TELEMATICS MARKET, BY COUNTRY, 2017–2025 (%)
FIGURE 42. CHINA MARINE TELEMATICS MARKET, 2017–2025 ($MILLION)
FIGURE 43. JAPAN MARINE TELEMATICS MARKET, 2017–2025 ($MILLION)
FIGURE 44. INDIA MARINE TELEMATICS MARKET, 2017–2025 ($MILLION)
FIGURE 45. SOUTH KOREA MARINE TELEMATICS MARKET, 2017–2025 ($MILLION)
FIGURE 46. REST OF ASIA-PACIFIC MARINE TELEMATICS MARKET, 2017–2025 ($MILLION)
FIGURE 47. COMPARATIVE SHARE ANALYSIS OF MARINE TELEMATICS MARKET, BY COUNTRY, 2017–2025 (%)
FIGURE 48. LATIN AMERICA MARINE TELEMATICS MARKET, 2017–2025 ($MILLION)
FIGURE 49. MIDDLE EAST MARINE TELEMATICS MARKET, 2017–2025 ($MILLION)
FIGURE 50. AFRICA MARINE TELEMATICS MARKET, 2017–2025 ($MILLION)
FIGURE 51. CARGOTEC: REVENUE, 2016–2018 ($MILLION)
FIGURE 52. CARGOTEC: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 53. CARGOTEC: REVENUE SHARE BY REGION, 2017 (%)

 
 

Marine telematics systems have a core function of recording information about vessels and send, process, and store the data via telecommunication devices to improve operations. This technology is also used to control and monitor ships and businesses such as boating, shipping, recreational fishing, and commercial fishing industries. Marine telematics involves the use of wireless voice and data communication systems which provide functions such as vessel tracking, emergency aid warning notifications, system monitoring, stolen vehicle recovery, and other features.

These systems normally consist of a user interface, satellite antenna, and a communication link with vessel’s electronic systems. This technology can be vital to users as it provides a satellite link to the outside world when other mode of communications may unavailable.

The marine telematics system is enabled by a hardware and software devices that are installed into ships. A SIM card and modem in the device enables communication on cellular network. Telematics derive the data like vessel’s GPS position, accelerometer and speed etc.to be later processed at the data center. These components accesses and communicate updated facts such as water temperature, pollutants, level of fuel in tankers, equipment functioning, and several ship related information to the concerned authorities. This ultimately forms a cornerstone for vehicle tracking and stolen vehicle recovery.

The growth of the marine telematics market is driven by enhanced ship monitoring and fuel management and rise in trend of connectivity solutions. In addition, vehicle diagnoses due to telematics systems also propels the growth of the market. However, high integration cost and lack of uninterrupted & seamless internet connectivity are some of the major factors that restrain the market growth. Furthermore, anticipated trend of automation in marine transportation and better driver and vessel safety ensures emerging growth opportunities for this market globally.

Among the analyzed geographical regions, Asia-Pacific is the highest revenue contributor and the European region is anticipated to create dominance during the forecast period, followed by North America and LAMEA. This growth is attributed to proactive development and research in autonomous technology for marine applications and rapid economic improvement.

 

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