Integrated Marine Automation System Market, by Autonomy (Autonomous, Remotely-operated, Partial Automation), Ship Type (Commercial, Defense, Unmanned), End User (OEM, Aftermarket), Solution (Products, Services), System and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
The global integrated marine automation market size is projected to reach USD 7.9 billion by 2026 at a CAGR of 10.5% from USD 5.2 billion in 2021 during the forecast period 2021-2028.
Integrated marine automation is all about the automation of the marine ships which led to the development of an essential operational machines and also the auxiliary systems. This automations ensure the safety of the passengers and also allows the various machines and to act as a single entity.
With the acceptance and adoption of internet of things or IoT along with software advancements and the surge in the investments are some of the factors that have supported long-term expansion for integrated marine automation Market.
The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe. With the new trend of remote working coming into place along with digital advancements the net technology is developing. But the stringent government policies have led to the degeneration of the market.
Asia Pacific is expected to be the largest market during the forecast period. The economic development in past few years amongst the region along with the surge in demand for ship for transportation has led to the expansion of market in the region.
Insights are provided for each region and major countries within the regions
Report Feature |
Descriptions |
---|---|
Market Revenue In 2021 |
USD 5.2 billion |
Growth Rate |
CAGR of 10.5% during the forecasting period, 2021-2028 |
Historical Data |
2018-2019 |
Forecast Years |
2021-2028 |
Base Year |
2020 |
Units Considered |
Revenue in USD million and CAGR from 2021 to 2028 |
Report Segmentation |
Autonomy, Ship Type, Solution, System, End User and geography |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
Companies Profiled |
ABB, Honeywell International, Inc., Rolls-Royce PLC, Wartsila, and Kongsberg, Thales Group, Consilium AB Publ, Marine technologie, Praxis Automation, Technology B.V., Honeywell, Rolls-Royce Power Systems AG, Wärtsilä, Rockwell Automation, Inc |
Available Customization |
In addition to the market data for Integrated marine automation Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Integrated marine automation Market is segmented into Autonomy, Ship Type, Solution, System, End User and geography.