Connected Ship Market By Application (Fleet Operations, Vessel Traffic Management, Fleet Health Monitoring), By Installation Type (On-board, Onshore), By Ship Type (Commercial , Defense): Global Opportunity Analysis and Industry Forecast, 2023-2032

Innovative technologies within the realm of connected ship include sophisticated sensors and communication systems that allow for real-time monitoring, data interchange, predictive maintenance programs while optimizing vessel performance. The broader digital transformation of the maritime sector also drives this industry as stakeholders realize the power that data-based insights bring to fleet management, navigation, and overall efficiency. In addition, there is emphasis on environmental sustainability where connected ship solutions not only save fuel but also reduce emissions hence contributing to global efforts of eco-friendly shipping.

Besides, in an environment where the safety of crew members was important as much as cargo and vessel, connected ship technology brings a range new solution that significantly enhance marine shaft power meter security standards and requirements. Proactive identification and mitigation of potential safety hazards for connected ships is possible as a result of real-time monitoring, predictive maintenance, data-driven insights provided by offering sites. This reduces the possibility of accidents, increases an effective response in emergencies and is lifesaving for crew members. Ships need to strictly follow tough safety and environmental specifications such as the International Maritime Organization's SOLAS, MARPOL agreements. With the aid of connected ship solutions, ship owners and operators can meet these rising regulatory requirements without having to face penalties or a loss in their reputation.

However, the industry is restrained by certain factors. Cybersecurity is a grave issue as the higher level of connectivity among ships makes them vulnerable to cyber-attacks. Thoroughly ensuring cybersecurity measures become imperative to protect sensitive data and block unauthorized access. Moreover, the industry has to contend with regulatory intricacies as maritime authorities change standards in response to safety and security issues. The trajectory of the connected ship industry is expected to also depend on balancing its connectivity benefits with regulatory compliance and addressing associated problems in the coming years.

In addition, Intelligence (AI) and machine learning further propels the connected ship industry. These technologies enhance data analytics capabilities, enabling predictive modeling for maintenance, route optimization, and performance forecasting. This predictive approach not only improves operational efficiency but also reduces downtime, resulting in significant cost savings for ship operators. Furthermore, the integration of 5G technology in maritime communication networks is a noteworthy trend. The high data transfer speeds and low latency offered by 5G enhance real-time communication between ships, onshore facilities, and satellites. This facilitates quicker decision-making, especially in emergencies, and supports applications like remote monitoring and control.

The global connected ship market is segmented into application, installation type, ship type, and region. Depending on the application, the market is segregated into fleet operations, vessel traffic management and fleet health monitoring. By installation type, it is categorized into on-board and onshore. As a ship type, it is fragmented into commercial and defense. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.Key players covered in the report include ABB Ltd., Emerson Electric, General Electric, Kongsberg Gruppen, Marlink, Northrop Grumman Corporation, Rockwell Automation, Schneider Electric, Ulstein Group ASA, and Wartsila Corporation.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the connected ship market analysis from 2022 to 2032 to identify the prevailing connected ship market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the connected ship market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global connected ship market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

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Additional company profiles with specific to client's interest
SWOT Analysis

Key Market Segments

By Ship Type

Commercial
Defense

By Application

Fleet Operations
Vessel Traffic Management
Fleet Health Monitoring

By Installation Type

On-board
Onshore

By Region

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

Key Market Players:

ABB Ltd.
Emerson Electric
General Electric
Kongsberg Gruppen
Marlink AS
Northrop Grumman Corporation
Rockwell Automation
Schneider Electric
Ulstein Group ASA
Wartsila Corporation

Product Code: A07126

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
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
3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Increase in Seaborne Trade
  - 3.4.1.2. Maritime Tourism Industry
  - 3.4.1.3. Increasing Adoption of Marine IoT Globally
- 3.4.2. Restraints
  - 3.4.2.1. High Cost of Digitalization
  - 3.4.2.2. Vulnerable to Cyberattacks
- 3.4.3. Opportunities
  - 3.4.3.1. Advancements in Hybrid Propulsion Technology
  - 3.4.3.2. Increasing Investment for Digitalization of their Vessel

CHAPTER 4: CONNECTED SHIP MARKET, BY APPLICATION

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Fleet Operations
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Vessel Traffic Management
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Fleet Health Monitoring
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country

CHAPTER 5: CONNECTED SHIP MARKET, BY INSTALLATION TYPE

5.1. Overview
- 5.1.1. Market size and forecast
5.2. On-board
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Onshore
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country

CHAPTER 6: CONNECTED SHIP MARKET, BY SHIP TYPE

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Commercial
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Defense
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country

CHAPTER 7: CONNECTED SHIP MARKET, BY REGION

7.1. Overview
- 7.1.1. Market size and forecast By Region
7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Application
- 7.2.3. Market size and forecast, by Installation Type
- 7.2.4. Market size and forecast, by Ship Type
- 7.2.5. Market size and forecast, by country
  - 7.2.5.1. U.S.
  - 7.2.5.1.1. Market size and forecast, by Application
  - 7.2.5.1.2. Market size and forecast, by Installation Type
  - 7.2.5.1.3. Market size and forecast, by Ship Type
  - 7.2.5.2. Canada
  - 7.2.5.2.1. Market size and forecast, by Application
  - 7.2.5.2.2. Market size and forecast, by Installation Type
  - 7.2.5.2.3. Market size and forecast, by Ship Type
  - 7.2.5.3. Mexico
  - 7.2.5.3.1. Market size and forecast, by Application
  - 7.2.5.3.2. Market size and forecast, by Installation Type
  - 7.2.5.3.3. Market size and forecast, by Ship Type
7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Application
- 7.3.3. Market size and forecast, by Installation Type
- 7.3.4. Market size and forecast, by Ship Type
- 7.3.5. Market size and forecast, by country
  - 7.3.5.1. UK
  - 7.3.5.1.1. Market size and forecast, by Application
  - 7.3.5.1.2. Market size and forecast, by Installation Type
  - 7.3.5.1.3. Market size and forecast, by Ship Type
  - 7.3.5.2. Germany
  - 7.3.5.2.1. Market size and forecast, by Application
  - 7.3.5.2.2. Market size and forecast, by Installation Type
  - 7.3.5.2.3. Market size and forecast, by Ship Type
  - 7.3.5.3. Netherlands
  - 7.3.5.3.1. Market size and forecast, by Application
  - 7.3.5.3.2. Market size and forecast, by Installation Type
  - 7.3.5.3.3. Market size and forecast, by Ship Type
  - 7.3.5.4. France
  - 7.3.5.4.1. Market size and forecast, by Application
  - 7.3.5.4.2. Market size and forecast, by Installation Type
  - 7.3.5.4.3. Market size and forecast, by Ship Type
  - 7.3.5.5. Rest of Europe
  - 7.3.5.5.1. Market size and forecast, by Application
  - 7.3.5.5.2. Market size and forecast, by Installation Type
  - 7.3.5.5.3. Market size and forecast, by Ship Type
7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Application
- 7.4.3. Market size and forecast, by Installation Type
- 7.4.4. Market size and forecast, by Ship Type
- 7.4.5. Market size and forecast, by country
  - 7.4.5.1. China
  - 7.4.5.1.1. Market size and forecast, by Application
  - 7.4.5.1.2. Market size and forecast, by Installation Type
  - 7.4.5.1.3. Market size and forecast, by Ship Type
  - 7.4.5.2. India
  - 7.4.5.2.1. Market size and forecast, by Application
  - 7.4.5.2.2. Market size and forecast, by Installation Type
  - 7.4.5.2.3. Market size and forecast, by Ship Type
  - 7.4.5.3. Japan
  - 7.4.5.3.1. Market size and forecast, by Application
  - 7.4.5.3.2. Market size and forecast, by Installation Type
  - 7.4.5.3.3. Market size and forecast, by Ship Type
  - 7.4.5.4. South Korea
  - 7.4.5.4.1. Market size and forecast, by Application
  - 7.4.5.4.2. Market size and forecast, by Installation Type
  - 7.4.5.4.3. Market size and forecast, by Ship Type
  - 7.4.5.5. Rest of Asia-Pacific
  - 7.4.5.5.1. Market size and forecast, by Application
  - 7.4.5.5.2. Market size and forecast, by Installation Type
  - 7.4.5.5.3. Market size and forecast, by Ship Type
7.5. LAMEA
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Application
- 7.5.3. Market size and forecast, by Installation Type
- 7.5.4. Market size and forecast, by Ship Type
- 7.5.5. Market size and forecast, by country
  - 7.5.5.1. Latin America
  - 7.5.5.1.1. Market size and forecast, by Application
  - 7.5.5.1.2. Market size and forecast, by Installation Type
  - 7.5.5.1.3. Market size and forecast, by Ship Type
  - 7.5.5.2. Middle East
  - 7.5.5.2.1. Market size and forecast, by Application
  - 7.5.5.2.2. Market size and forecast, by Installation Type
  - 7.5.5.2.3. Market size and forecast, by Ship Type
  - 7.5.5.3. Africa
  - 7.5.5.3.1. Market size and forecast, by Application
  - 7.5.5.3.2. Market size and forecast, by Installation Type
  - 7.5.5.3.3. Market size and forecast, by Ship Type

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top winning strategies
8.3. Product mapping of top 10 player
8.4. Competitive dashboard
8.5. Competitive heatmap
8.6. Top player positioning, 2022

CHAPTER 9: COMPANY PROFILES

9.1. ABB Ltd.
- 9.1.1. Company overview
- 9.1.2. Key executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
- 9.1.7. Key strategic moves and developments
9.2. Emerson Electric
- 9.2.1. Company overview
- 9.2.2. Key executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
- 9.2.7. Key strategic moves and developments
9.3. General Electric
- 9.3.1. Company overview
- 9.3.2. Key executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
- 9.3.7. Key strategic moves and developments
9.4. Kongsberg Gruppen
- 9.4.1. Company overview
- 9.4.2. Key executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Business performance
- 9.4.7. Key strategic moves and developments
9.5. Marlink AS
- 9.5.1. Company overview
- 9.5.2. Key executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Business performance
- 9.5.7. Key strategic moves and developments
9.6. Northrop Grumman Corporation
- 9.6.1. Company overview
- 9.6.2. Key executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
- 9.6.7. Key strategic moves and developments
9.7. Rockwell Automation
- 9.7.1. Company overview
- 9.7.2. Key executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Business performance
- 9.7.7. Key strategic moves and developments
9.8. Schneider Electric
- 9.8.1. Company overview
- 9.8.2. Key executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Business performance
- 9.8.7. Key strategic moves and developments
9.9. Ulstein Group ASA
- 9.9.1. Company overview
- 9.9.2. Key executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Business performance
- 9.9.7. Key strategic moves and developments
9.10. Wartsila Corporation
- 9.10.1. Company overview
- 9.10.2. Key executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- 9.10.6. Business performance
- 9.10.7. Key strategic moves and developments