PUBLISHER: The Business Research Company | PRODUCT CODE: 1672432
PUBLISHER: The Business Research Company | PRODUCT CODE: 1672432
An integrated marine automation system comprises a range of control systems, ranging from small stand-alone alarm systems to fully integrated alarm and control systems. These systems consist of diverse hardware and software components responsible for capturing, processing, storing, transmitting, and presenting information about the vessel's systems. The crucial feature of this system is its ability to continuously provide reliable information to control personnel, facilitating prompt and appropriate responses. Integrated marine automation systems are utilized to monitor and control operations on a ship.
The primary types of autonomy in integrated marine automation include partial automation, remotely operated, and autonomous. Partial automation involves propulsion systems, power management systems, alarm and management systems, among others, demanded by ship operators that take over longitudinal and lateral control, while the operator must continuously monitor the system and be ready to take over control at any time. Various systems within this domain include power management systems, vessel management systems, process control systems, and safety systems. The end users of these systems encompass original equipment manufacturers (OEMs) and aftermarket services, and the different ship types include commercial, defense, and unmanned vessels.
The integrated marine automation market research report is one of a series of new reports from The Business Research Company that provides integrated marine automation market statistics, including integrated marine automation industry global market size, regional shares, competitors with integrated marine automation market share, detailed integrated marine automation market segments, market trends, and opportunities, and any further data you may need to thrive in the integrated marine automation industry. This integrated marine automation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The integrated marine automation system market size has grown strongly in recent years. It will grow from $5.02 billion in 2024 to $5.39 billion in 2025 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to rising government support, growing tourism, increasing demand for cruise ships, and rising naval ships.
The integrated marine automation system market size is expected to see strong growth in the next few years. It will grow to $7.51 billion in 2029 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to rising government support, growing tourism, increasing demand for cruise ships, and rising naval ships. Major trends in the forecast period include technological advances to aid in the development of new products, product innovations in automated software testing, scriptless test automation to reduce the time of execution, test automation to lower the risk of defects in software applications and artificial intelligence for testing to improve user experience.
The growth of tourism is expected to boost the integrated marine automation system market in the coming years. The tourism industry frequently relies on cruise ships to transport passengers to various destinations, leading to increased demand for these vessels as tourism expands. Cruise ships are typically equipped with advanced automation systems that enhance the passenger experience, optimize fuel efficiency, and ensure safety. For instance, in February 2024, the Brazilian government reported that the tourism industry in Brazil generated a record $6.9 billion in revenue from international visitors in 2023, marking a 41% increase from $4.9 billion in 2022. Thus, the rising tourism sector is driving growth in the integrated marine automation system market.
The increasing demand for cruises is another factor expected to drive the integrated marine automation system market. Cruise passengers increasingly seek personalized experiences, and automation systems play a crucial role in tailoring cabin settings, dining options, entertainment choices, and excursions to meet diverse preferences. For example, in April 2023, the Cruise Lines International Association reported that British and Irish holidaymakers took around 1.7 million cruises, a substantial increase from the previous year. This surge in cruise demand is a key driver for the integrated marine automation system market.
Major companies in the integrated marine automation market are strategically focusing on product innovations to fortify their market position. For instance, in June 2023, Kongsberg Maritime, a Norway-based technology pioneer, launched the K-Chief marine automation system-an all-in-one solution combining innovation, safety, and efficiency. The modular design allows configuration from 16 to 20,000 channels, catering to specific shipyard and ship owner needs, spanning from low-complexity alarm systems to highly integrated monitoring systems with advanced process control and power management.
In July 2023, Rolls-Royce, a UK-based engine manufacturer, made a strategic acquisition by purchasing Team Italia/Onyx Marine for an undisclosed amount. This acquisition strengthens Rolls-Royce's power systems business unit and enhances its position in the yacht market. Team Italia, an Italian-based company specializing in integrated bridge systems for superyachts and large vessels, contributes to Rolls-Royce's expansion efforts.
Major companies operating in the integrated marine automation system market include Kongsberg Gruppen ASA, Siemens Energy, Emerson Electric Co, ABB Ltd., Wartsila Corporation, Rockwell Automation Inc., Ingeteam, Honeywell International Inc., Rolls-Royce Holdings Plc, Consilium AB, Jiangnan Shipyards Group, Changyuan Group Ltd., Zhonggu Logistics, Pacific International Lines (PIL), Yang Ming Marine Transport, Omron Corporation, Hitachi, Ltd., IHI Corporation, Korea Line Corporation, Hyundai Heavy Industries, CMI Jinling Shipyard, Aselsan, Buffalo Automation, Northrop Grumman, Naval Group, Bourbon Corporation, Elma B.V, RH Marine, Valcom, Transas Navigator, Concern Morinformsystem-Agat JSC, Boening Ship Automation, Jason Marine Group, Elcome, Control Solutions South Africa
Europe was the largest region in the integrated marine automation system market in 2024. The regions covered in the integrated marine automation system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the integrated marine automation system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The integrated marine automation system market includes revenues earned by entities by power management systems, vessel management systems, process control, and safety systems. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Integrated Marine Automation System Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on integrated marine automation system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for integrated marine automation system ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The integrated marine automation system market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.