Marine Onboard Communication and Control Systems Market Forecasts to 2030 - Global Analysis By Type, Vessel Type, Component and By Geography

According to Stratistics MRC, the Global Marine Onboard Communication and Control Systems Market is accounted for $8.60 billion in 2023 and is expected to reach $16.0 billion by 2030 growing at a CAGR of 9.3% during the forecast period. Marine Onboard Communication and Control Systems is an integrated array of technologies and equipment installed on vessels to facilitate communication, navigation, safety, and control functions. These systems enable seamless communication among crew members and with shore-based personnel, support efficient navigation through waterways, provide real-time monitoring of vessel operations, and ensure compliance with maritime regulations.

According to the United Nations Conference on Trade and Development, maritime trade recovered by 4.3% in 2021 and growth is expected to continue between 2022 and 2026.

Market Dynamics:

Driver:

Rise in marine fleet size

As the global economy grows and international trade expands, there is a corresponding increase in the size and diversity of the marine fleet, including commercial vessels, offshore platforms, and naval ships. Integrated communication and control systems enhance operational efficiency, optimize fuel consumption, and improve safety and compliance with maritime regulations. Overall, the rise in marine fleet size is a significant factor in accelerating market demand.

Restraint:

High cost

Marine onboard communication and control systems involve sophisticated technologies, including advanced sensors, satellite communication equipment, navigation aids, and software interfaces, which incur substantial research, development, and manufacturing expenses. Additionally, the integration of these systems into vessels often requires specialized installation, customization, and training, further adding to the overall cost, which could impact market demand.

Opportunity:

Technological advancements

The continuous evolution of communication, navigation, and control technologies enables the development of more sophisticated and integrated solutions tailored to the unique needs of maritime operations. Furthermore, the integration of artificial intelligence (AI) and automation technologies enhances the efficiency and autonomy of onboard systems. AI algorithms analyze vast amounts of data to optimize navigation routes, predict equipment failures, and support decision-making processes, reducing human error and enhancing operational safety.

Threat:

Complexity and integration challenges

Modern onboard systems are highly complex, incorporating a diverse array of technologies such as satellite communication, navigation aids, automation systems, and software interfaces. Integrating these systems into existing vessel infrastructure poses several challenges. However, compatibility issues may arise when integrating new communication and control systems with legacy onboard equipment. Different systems may use proprietary protocols or interfaces, requiring custom integration solutions that increase complexity and cost. As a result, complexity and integration challenges are significant factors impacting market expansion.

Covid-19 Impact

The COVID-19 pandemic has had a significant impact on the marine onboard communication and control systems market. Initially, the pandemic led to disruptions in global supply chains, manufacturing operations, and shipping schedules, causing delays in the delivery and installation of onboard communication and control systems. Furthermore, the economic downturn resulting from the pandemic led to reduced demand for maritime transportation and offshore activities, affecting vessel owners' willingness to invest in new technologies.

The communication system segment is expected to be the largest during the forecast period

The communication system segment is estimated to hold the largest share. These systems encompass a variety of technologies and devices designed to enable efficient and reliable communication among crew members, as well as between the crew and shore-based personnel. Moreover, they often integrate with other onboard systems, such as navigation, safety, and control systems, to facilitate the exchange of critical information and ensure the smooth operation of the vessel.

The navigation & positioning segment is expected to have the highest CAGR during the forecast period

The navigation & positioning segment is anticipated to have lucrative growth during the forecast period. These systems encompass a range of technologies and devices designed to determine a vessel's precise location, navigate through waterways, and avoid collisions with other vessels or obstacles. In addition to GNSS, navigation and positioning systems may incorporate other sensors and technologies, including gyrocompasses, inertial navigation systems (INS), radar, sonar, and Electronic Chart Display and Information Systems (ECDIS). These systems enhance situational awareness, allowing vessel operators to navigate safely through congested waterways, navigate in adverse weather conditions, and comply with international maritime regulations.

Region with largest share:

Asia Pacific commanded the largest market share during the extrapolated period due to its extensive maritime industry, including shipping, fishing, offshore oil and gas exploration, and naval operations. The region's growing economies, such as those of China, India, Japan, South Korea, and Southeast Asian countries, are witnessing increased investments in maritime infrastructure, vessel modernization, and fleet expansion. Furthermore, technological advancements and the proliferation of digitalization in the maritime sector are driving the adoption of integrated communication and control solutions in the Asia-Pacific region.

Region with highest CAGR:

North America is expected to witness profitable growth over the projection period. With a vast coastline, extensive inland waterways, and major ports along the Atlantic, Pacific, and Gulf coasts, North America hosts a diverse range of maritime activities, including shipping, fishing, offshore energy production, and naval operations. Overall, North America represents a lucrative market for marine onboard communication and control systems, characterized by a strong demand for advanced technologies, a culture of innovation, and a commitment to maritime safety and efficiency.

Key players in the market

Some of the key players in the Marine Onboard Communication and Control Systems Market include Honeywell International Inc., ABB Group, Globecomm Systems Inc., Consilium AB, Frequentis AG, Cobham plc, Kongsberg Gruppen, Northrop Grumman Corporation, Harris Corporation, Marlink, Zenitel Group, Sam Electronics GmbH, Raytheon Anschutz GmbH, Transas and Wartsila Corporation.

Key Developments:

In January 2024, Honeywell and NXP Semiconductors N.V. announced that they have signed a Memorandum of Understanding (MOU) to help optimize the way commercial buildings sense and securely control energy consumption.

In January 2024, Northrop Grumman and Mitsubishi Electric collaborated to elevate the networking of japan's integrated air & missile defense systems.

In September 2023, ABB India's shares up on partnership with Tata Steel, this collaboration aims to make meaningful strides in reducing the environmental impact of steel production.

Types Covered:

• Communication System
• Navigation System
• Control System
• Monitoring & Surveillance System
• Entertainment & Crew Welfare System

Vessel Types Covered:

• Naval Vessels
• Cruise Ships & Ferries
• Commercial vessels
• Offshore Support Vessels
• Yachts & Pleasure Craft
• Fishing Vessels

Components Covered:

• Software
• Hardware
• Service

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

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All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances