Global Integrated Marine Automation Systems Market (2020 to 2025) – Initiatives for the Development of Autonomous Ships Presents Opportunities -…

DUBLIN, March 16, 2021 /PRNewswire/ -- The "Global Integrated Marine Automation Systems Market by Autonomy (Autonomous, Remotely-operated, Partial Automation), Ship Type (Commercial, Defense, Unmanned), End-user (OEM, Aftermarket), Solution (Products, Services), System and Region - Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The global integrated marine automation system is projected to grow from USD 4,906 million in 2020 to USD 7,889 million by 2025, at a CAGR of 10% from 2020 to 2025.

The demand for new ships and the retrofitting of existing ships with advanced technologies is expected to grow with the increase in trade activities.

New defense and commercial vessels are equipped with advanced systems for improved safety and efficiency. The implementation of advanced systems acts as an important driver for the integrated marine automation system market. Integrated marine automation system is one of the variants of automated vessels. These ships involve integrating various systems and subsystems, enabling effective decision-making based on sensor fusion technology and Artificial Intelligence (AI) for processing the data, hence reducing or eliminating human intervention.

Based on autonomy, remotely-operated segment projected to lead integrated marine automation system market during the forecast period

Based on autonomy, the integrated marine automation system market is segmented into fully autonomous, remotely-operated and partial automation. The growth of the remotely-operated segment of the integrated marine automation system market can be attributed to the increased investments in developing unmanned and remotely-controlled vessel operations.

Based on ship type, commercial segment projected to dominate integrated marine automation system market during the forecast period

Based on ship type, the integrated marine automation system market is segmented into commercial and defense. The commercial segment is expected to dominate the market, owing to the rising seaborne trade and tourism across the globe.

Based on end-user, the OEM segment accounts for the largest market size during the forecast period

Based on end-user, the integrated marine automation system market is segmented into OEM and aftermarket. The OEM segment is estimated to account for a largest share in 2020 as compared to the aftermarket segment. The growth of the OEM segment can be attributed to the increased investments in naval defense by various countries and rise in seaborne trade activities across the globe.

Asia-Pacific is expected to account for the largest share in 2020

The integrated marine automation system market has been studied for North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. Asia-Pacific is estimated to account for the largest share of the global market in 2020. Shipbuilding companies from Japan, South Korea, and China, are also among the largest players in each of the four major segments, namely, tankers, bulk carriers, container ships, and offshore vessels. Asia-Pacific has witnessed rapid economic development over the years, increasing maritime trade. This rise in sea trade has subsequently led to an increasing demand for ships to transport manufactured goods worldwide. Thus, the rising number of ships has increased the demand for integrated marine automation system in the Asia-Pacific region.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights4.1 Attractive Opportunities in Integrated Marine Automation System Market4.2 Integrated Marine Automation System Market, by Ship Type4.3 Integrated Marine Automation System Market, by End-user4.4 Integrated Marine Automation System Market, by Country

5 Market Overview5.1 Introduction5.2 Market Dynamics5.2.1 Drivers5.2.1.1 Adoption of the Internet of Things (IoT) for Real-Time Decision Making5.2.1.2 Increasing Software Development5.2.1.3 Increasing Use of Automated Systems to Reduce Human Errors and Risks5.2.1.4 Increased Budgets of Shipping Companies for the Incorporation of Ict in Vessels5.2.1.5 Increasing Demand for Situational Awareness in Vessels5.2.2 Restraints5.2.2.1 Vulnerability Associated with Cyber Threats5.2.3 Opportunities5.2.3.1 Development of New Port Cities in Emerging Economies5.2.3.2 Initiatives for the Development of Autonomous Ships5.2.3.3 Revision and Formulation of Marine Safety Regulations in Several Countries5.2.3.4 Advancement in Sensor Technologies for Improved Navigation Systems in Vessels5.2.3.5 Development of Propulsion Systems5.2.4 Challenges5.2.4.1 Cost-Intensive Customization of Marine Automation Systems5.2.4.2 Lack of Skilled Personnel to Handle and Operate Marine Automation Systems5.2.4.3 Lack of Common Standards for Data Generated from Different Subsystems in a Ship5.3 Range/Scenarios5.4 COVID-19 Impact on Integrated Marine Automation System Market5.5 Trends/Disruptions Impacting Customers' Business5.5.1 Revenue Shift and New Revenue Pockets for Integrated Marine Automation System Market5.6 Market Ecosystem5.6.1 Prominent Companies5.6.2 Private and Small Enterprises5.6.3 End-users5.7 Pricing Analysis5.8 Value Chain Analysis5.9 Tariff Regulatory Landscape for Automation in Marine Industry5.10 Trade Data5.10.1 International Maritime Trade Data, 2010-20195.10.2 World Sea-Borne Trade, 2015-20195.11 Porter's Five Forces Model5.12 Technology Analysis5.13 Use Cases5.14 Operational Data

6 Industry Trends6.1 Introduction6.2 Technology Roadmap6.3 Technological Advancements in the Marine Industry6.3.1 Artificial Intelligence6.3.2 Big Data Analytics6.3.3 Internet of Things (IoT)6.3.4 Augmented Reality6.3.5 Predictive Maintenance6.4 Technology Trends6.4.1 Digital Marine Automation System (DBS)6.4.1.1 Conning System6.4.1.2 Autopilot6.4.1.3 Mooring Control and Monitoring System6.4.1.4 Automated Radar Plotting Aid/Navigation Radar Servers (NRS)6.4.1.5 Electronic Chart Display and Information System (ECDIS)6.4.1.6 Communication System6.4.1.7 Voyage Data Recorder6.4.1.8 Decision Support System6.4.2 Sensor Fusion Solutions6.4.3 Control Algorithms6.5 Innovations and Patent Registrations, 2012-2020

7 Integrated Marine Automation System Market, by Autonomy7.1 Introduction7.2 Partial Automation7.2.1 Increasing Demand for Onboard Automation Systems is Expected to Drive this Segment7.3 Remotely- Operated7.3.1 Increasing Investments in Remotely-Operated Ships is Expected to Drive this Segment7.4 Autonomous7.4.1 Increasing Investments on Developing Autonomous Ships is Expected to Fuel this Segment

8 Integrated Marine Automation System Market, by Solution8.1 Introduction8.2 Products8.2.1 Increasing Investment in Automated Process is Driving the Growth of the Segment8.2.1.1 Hardware8.2.1.1.1 Displays8.2.1.1.2 Control Unit8.2.1.1.3 Data Storage Devices8.2.1.1.4 Sensors8.2.1.1.5 Alarms8.2.1.1.6 Others8.2.1.2 Software8.2.1.2.1 Analytical Software8.2.1.2.2 Monitoring Software8.2.1.3 Datalink & Connectivity8.2.1.3.1 Open Platform Communications (OPC)8.2.1.3.2 Open Database Connectivity (ODBC)8.2.1.3.3 Controller Area Network (CAN)8.2.1.3.4 Process Field Bus (PROFIBUS)8.2.1.3.5 Modular Digital Controller (ModCon)8.3 Services8.3.1 Services are Essential for Smooth Functioning of System8.3.1.1 Maintenance Services8.3.1.2 Support Services

9 Integrated Marine Automation System Market, by Ship Type9.1 Introduction9.2 Commercial9.3 Defense9.4 Unmanned

10 Integrated Marine Automation System Market, by End-user10.1 Introduction10.1.1 Impact of COVID-19 on End-user10.1.1.1 Most Impacted End-user10.1.1.2 Least Impacted End-user10.2 OEM10.2.1 Increasing Installation of Advanced Automation Systems in Ships is Expected to Drive the Market10.3 Aftermarket10.3.1 Maintenance and Repair Services of Systems is Expected to Drive the Growth of this Segment

11 Integrated Marine Automation System Market, by System11.1 Introduction11.2 Power Management System11.2.1 Power Management System is Responsible for Controlling the Performance of Vessels Engines11.2.1.1 Engine Monitoring and Control System11.2.1.2 Power Distribution Management11.2.1.3 Diesel Generator Monitoring (DGMS)11.3 Vessel Management System11.3.1 Use of Advanced Technological Equipment to Monitor the Vessels11.3.1.1 Machinery Management System11.3.1.2 Alarm Monitoring System11.3.1.3 Ballast Water Management System11.3.1.4 Propulsion Control System11.3.1.5 Remote Monitoring System11.3.1.6 Dynamic Positioning System11.3.1.7 Security Management System11.3.1.8 Thrust Control System11.3.1.9 Information Management System11.4 Process Control System11.4.1 Communication is Enable due to Process Control System11.4.1.1 HVAC Control11.4.1.2 Drilling Driver Control System11.5 Safety System11.5.1 Safety System Ensure Safety of the Ship and Marine Environment11.5.1.1 Fire Protection System11.5.1.2 Emergency Shutdown System

12 Regional Analysis12.1 Introduction12.2 Global Scenarios of Integrated Marine Automation System Market12.3 North America12.4 Europe12.5 Asia-Pacific12.6 Middle East & Africa12.7 Latin America

13 Competitive Landscape13.1 Introduction13.2 Ranking of Leading Players, 201913.3 Market Share Analysis of Leading Players, 201913.4 Revenue Analysis of Top 5 Market Players, 201913.5 Competitive Overview13.6 Company Product Footprint Analysis13.7 Company Evaluation Quadrant13.7.1 Star13.7.2 Emerging Leader13.7.3 Pervasive13.7.4 Participant13.8 Integrated Marine Automation System Market Competitive Leadership Mapping (Start-ups)13.8.1 Progressive Companies13.8.2 Responsive Companies13.8.3 Dynamic Companies13.8.4 Starting Blocks13.9 Competitive Scenario13.9.1 Deals13.9.2 Product Launches

14 Company Profiles14.1 Introduction14.2 Key Players14.2.1 ABB14.2.2 Honeywell International Inc.14.2.3 Rolls-Royce plc14.2.4 Wartsila14.2.5 Kongsberg14.2.6 Siemens14.2.7 Hyundai Heavy Industries14.2.8 General Electric14.2.9 Northrop Grumman Corporation14.2.10 Tokyo Keiki14.2.11 Consilium14.2.12 Fincantieri S.p.A14.2.13 Rockwell Automation, Inc.14.2.14 Jason Marine Group14.2.15 Thales Group14.2.16 Marine Technologies LLC14.2.17 Praxis Automation & Technology B.V.14.2.18 L3Harris ASV14.2.19 Mitsui E&S Holdings Co. Ltd.14.2.20 DNV GL14.2.21 Fugro14.2.22 Valmet14.2.23 Aselsan A.S.14.2.24 Samsung Heavy Industries Co. Ltd.14.2.25 Ulstein14.3 Other Players14.3.1 API Marine, Inc.14.3.2 RH Marine14.3.3 MTU Friedrichshafen14.3.4 Marlink14.3.5 SMEC Automation Pvt. Ltd.14.3.6 Logimatic14.3.7 Sedni Marine Systems14.3.8 Sea Machines Robotics, Inc.14.3.9 Shone, Automation Inc.14.3.10 Buffalo Automation

15 Appendix15.1 Discussion Guide15.2 Knowledge Store: The Subscription Portal15.3 Available Customization

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Global Integrated Marine Automation Systems Market (2020 to 2025) - Initiatives for the Development of Autonomous Ships Presents Opportunities -...