Smart tracking and monitoring devices can now be found in all kinds of industrial assets—heavy equipment, industrial machines, reefers, trailers, containers, and more. Similarly, advances in automation and remote operations will shape the ways ships are designed, built, and operated. Sensor technologies and monitoring systems, combined with seamless ship-shore connectivity and software-enabled decision support tools, will create a more data-centric, responsive and flexible industry that is fully integrated with global transportation networks. The future impact that the convergence of real time data transmission, high computing capacity, mathematical modelling capabilities, remote control, sensors and miniaturisation will have on the shape of the industry is what we dub \"The Connected Ship\".
The European region is projected to lead the connected ship market during the forecast period.
Based on application, the fleet health monitoring segment of the connected ship market is projected to grow at the highest CAGR during the forecast period.
Global Connected Ship market size will reach xx million US$ by 2026, from xx million US$ in 2020, at a CAGR of xx% during the forecast period. In this study, 2020 has been considered as the base year and 2021-2026 as the forecast period to estimate the market size for Connected Ship.
This report covers the present status and the future prospects of the global Connected Ship market for 2015-2026.
The report offers detailed coverage of Connected Ship industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Connected Ship by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Northrop Grumman (US), General Electric (US), Wartsila (Finland), Kongsberg Grumman (Norway), Marlink (Norway)
Market Segment as follows:
Market by Order Type
Commercial
Defense
Connected Ship Breakdown Data by Application
Vessel Traffic Management
Fleet Operations
Fleet Health Monitoring
Connected Ship market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Connected Ship market for the forecast period 2021 - 2026?
• What are the driving forces in the Connected Ship market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Connected Ship industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.