Marine Onboard Communication and Control Systems Market - By Component, By Type (Communication, Navigation, Control, Monitoring & Surveillance, Entertainment & Crew Welfare), By Vessel Type, By Application, By End User, Forecast 2024 – 2032
Published Date: July - 2024 | Publisher: MRA | No of Pages: 240 | Industry: Aerospace | Format: Report available in PDF / Excel Format
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Marine Onboard Communication and Control Systems Market Size
Marine Onboard Communication and Control Systems Market was valued at USD 7.1 billion in 2023 and is estimated to register a CAGR of over 6.5% between 2024 and 2032. The industry is anticipated to expand with the surge in global maritime trade and the growing smart fleet management system. The increased demand for efficient communication and control solutions arises from the need to manage & optimize navigation, propulsion, and other onboard operations. This is fostering the integration of advanced systems to meet the demands of a dynamic and expanding maritime industry.
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In 2023, Liberia possessed the world's largest maritime fleet, totaling 378.98 million, as reported by the United Nations Conference on Trade and Development (UNCTAD). Panama and Marshall Islands possessed fleets totaling 365.68 million and 299,80 million, respectively.
The increasing advancements in satellite communications are driving the business growth. Enhanced satellite technologies provide reliable & high-speed connectivity, facilitating seamless data exchange, real-time monitoring, and improved operational efficiency. For instance, in April 2023, the National University of Singapore's College of Design and Engineering (NUS) and Satellite Technology and Research Center (STAR) in Singapore collaboratively developed the Lumelite-4 microsatellite that utilizes NUS' modular satellite bus system and STAR's experimental satellite-based communication hardware. This collaborative effort aimed to pioneer a high-performance VHF Data Exchange System (VDES), enhancing maritime communications.
Report Attribute | Details |
---|---|
Base Year | 2023 |
Marine Onboard Communication and Control Systems Market Size in 2023 | USD 7.1 Billion |
Forecast Period | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR | 6.5% |
2032 Value Projection | USD 12.9 Billion |
Historical Data for | 2018 - 2023 |
No. of Pages | 307 |
Tables, Charts & Figures | 421 |
Segments covered | Component, Type, Vessel Type, Application, End User |
Growth Drivers |
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Pitfalls & Challenges |
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The marine onboard communication and control systems industry faces a significant challenge due to high initial costs associated with implementing advanced technologies. Shipowners encounter substantial upfront expenses when acquiring and integrating sophisticated communication and control systems. These costs involve not only the procurement of state-of-the-art equipment but also the complexities of installation and potential retrofitting. The financial burden deters some stakeholders from adopting these systems, hindering the industry's adoption of advanced onboard communication and control technologies.
Marine Onboard Communication and Control Systems Market Trends
Imagine ships as floating data hubs, where sensors and devices chat with each other. This real-time data flow keeps watch on the ship's health, like a doctor's checkup on the high seas. The crew can spot potential issues before they become emergencies, which means safer voyages and less time spent fixing problems. Another game-changer in ship tech is automation. Think of robots taking over repetitive tasks, like navigating and monitoring systems. This frees up the crew for more important jobs, cutting down the risk of human error and making the whole ship run more smoothly. It's like having a robot co-pilot who never gets tired! Plus, these smart ships contribute to cleaner oceans and seas. By optimizing performance and reducing fuel consumption, they help preserve our precious ocean ecosystem. Just recently, a company called CNS launched a super-advanced system called PCS. It's like a digital brain for ports, helping them connect and stay efficient. This is the future of port management, where technology keeps everything running shipshape!
Marine Onboard Communication and Control Systems Market Analysis
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Based on type, the market is divided into communication system, navigation system, control system, monitoring & surveillance system, and entertainment & crew welfare system. The communication system segment generated a market revenue of around USD 1.8 billion and is anticipated to grow over the forecast period owing to the rising demand for seamless data exchange. Advanced communication technologies including satellite communication and high-speed data networks are becoming pivotal for real-time information sharing. The industry's need for enhanced connectivity, improved vessel-to-shore communication, and efficient coordination among onboard systems is driving segment growth. This ultimately allows for safer navigation, better operational control, and heightened responsiveness in the maritime domain.
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Based on end user, the market is categorized into OEM and aftermarket. The OEM segment accounted for a market share of 61.8% in 2023 and is poised for growth in the future owing to the increasing demand for integrated and technologically advanced systems directly from manufacturers. As vessel builders prioritize incorporating sophisticated communication and control technologies in new constructions, the OEM segment becomes a focal point for delivering seamless, innovative solutions, fostering enhanced vessel capabilities, operational efficiency, and compliance with the evolving maritime standards.
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Asia Pacific market held a share of around 40% in 2023 and will grow during the forecast period due to a booming maritime sector. Rapid industrialization has increased maritime trade, and the expansion of e-commerce contribute to the rising demand for advanced communication and control systems. Government initiatives to upgrade transportation infrastructure will further fuel the regional market growth. With a focus on technological advancements and sustainable shipping practices, the region is emerging as a key player, driving the adoption of innovative solutions for efficient & secure maritime operations.
Marine Onboard Communication and Control Systems Market Share
In the world of marine onboard communication and control systems, two big names stand outWartsila and Kongsberg. Together, they control over 9% of the market. They're not just resting on their laurels, though. They're constantly pushing the boundaries of technology, striking up partnerships, and building a presence all over the globe. Other industry leaders, including satellite communication giants, well-established maritime companies, and top-notch system integrators, are just as active. They're coming together to set the standards and create cutting-edge solutions that help the maritime industry stay ahead of the curve. These companies know that ships need to be efficient, safe, and able to keep up with the times, so they're developing systems that make it happen. To stay at the top of their game, these leaders are working closely with researchers and governments. They're constantly updating their products and focusing on sustainability, making sure that the maritime communication and control systems they create are the best in the business.
Marine Onboard Communication and Control Systems Market Companies
Major players operating in the marine onboard communication and control systems industry are
- ABB
- Harris Corporation
- Honeywell International Inc.
- Kongsberg
- Northrop Grumman Corporation
- Raytheon Anschutz GmbH
- RH Marine
- Sam Electronics GmbH
- ST Engineering
- Wartsila
Marine Onboard Communication and Control Systems Industry News
- In July 2023, the Government of India introduced an indigenous global navigation system for ships, enhancing maritime safety and efficiency. This system ensures secure navigation, reducing the risks of collisions, groundings, and accidents in port and harbor areas.
- In June 2023, OneWeb, a Low Earth Orbit (LEO) satellite service provider, launched its second LEO service for maritime applications. The deployment offers a "try before you buy" option, allowing users to experience the service before committing. This innovative approach aims to showcase the effectiveness and reliability of OneWeb's LEO satellite connectivity for maritime users.
The marine onboard communication and control systems market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion) from 2018 to 2032, for the following segments
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Market, By Component
- Hardware
- Software
- Service
Market, By Type
- Communication system
- Satellite communication
- Radio communication
- Internal communication
- Navigation system
- GPS navigation
- Radar systems
- Electronic Chart Display and Information Systems (ECDIS)
- Control System
- Propulsion control system
- Engine control system
- Power distribution system
- Monitoring & surveillance system
- Sensors
- Cameras
- Entertainment & crew welfare system
Market, By Vessel Type
- Commercial vessels
- Offshore Support Vessels (OSVs)
- Naval vessels
- Cruise ships & ferries
- Fishing vessels
- Yachts & pleasure craft
Market, By Application
- Cargo & container handling
- Navigation & positioning
- Communication & connectivity
- Surveillance & monitoring
- Entertainment & crew welfare
Market, By End User
- OEM
- Aftermarket
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Nordics
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Southeast Asia
- Latin America
- Brazil
- Mexico
- Argentina
- MEA
- UAE
- Saudi Arabia
- South Africa
Table of Content
Report Content
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Marine onboard communication and control systems market 3600 synopsis, 2018 - 2032
2.2 Business trends
2.3 Regional trends
2.4 Component trends
2.5 Type trends
2.6 Vessel type trends
2.7 Application trends
2.8 End user trends
Chapter 3 Marine Onboard Communication and Control Systems Industry Insights
3.1 Industry ecosystem analysis
3.2 Suppliers landscape
3.2.1 Component supplier
3.2.2 Integration and testing
3.2.3 Maintenance and support
3.2.4 End users
3.3 Technology & innovation landscape
3.4 Profit margin
3.5 Patent analysis
3.6 Key news and initiatives
3.6.1 Partnership/collaboration
3.6.2 Merger/acquisition
3.6.3 Investment
3.6.4 Product launch & innovation
3.7 Regulatory landscape
3.8 Impact forces
3.8.1 Growth drivers
3.8.1.1 Increasing emphasis on maritime safety and security
3.8.1.2 Technological advancements in communication systems
3.8.1.3 Rising global trade and shipping activities
3.8.1.4 Growing demand for connectivity and crew welfare
3.8.2 Industry pitfalls & challenges
3.8.2.1 High initial implementation costs
3.8.2.2 Complexity of system integration
3.9 Growth potential analysis
3.10 Porter’s analysis
3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share, 2023
4.3 Competitive analysis of major market players, 2023
4.3.1 ABB
4.3.2 Harris Corporation
4.3.3 Honeywell International Inc.
4.3.4 Kongsberg
4.3.5 Northrop Grumman Corporation
4.3.6 ST Engineering
4.3.7 Wartsila
4.4 Competitive positioning matrix, 2023
4.5 Strategic outlook matrix, 2023
Chapter 5 Marine Onboard Communication and Control Systems Market Estimates & Forecast, By Component (USD Million)
5.1 Key trends, by component
5.2 Hardware
5.3 Software
5.4 Service
Chapter 6 Marine Onboard Communication and Control Systems Market Estimates & Forecast, By Type (USD Million)
6.1 Key trends, by type
6.2 Communication system
6.2.1 Satellite communication
6.2.2 Radio communication
6.2.3 Internal communication
6.3 Navigation system
6.3.1 GPS navigation
6.3.2 Radar systems
6.3.3 Electronic Chart Display and Information Systems (ECDIS)
6.4 Control system
6.4.1 Propulsion control system
6.4.2 Engine control system
6.4.3 Power distribution system
6.5 Monitoring & surveillance system
6.5.1 Sensors
6.5.2 Cameras
6.6 Entertainment & crew welfare system
Chapter 7 Marine Onboard Communication and Control Systems Market Estimates & Forecast, By Vessel Type (USD Million)
7.1 Key trends, by vessel type
7.2 Commercial vessels
7.3 Offshore Support Vessels (OSVs)
7.4 Naval vessels
7.5 Cruise ships & ferries
7.6 Fishing vessels
7.7 Yachts & pleasure craft
Chapter 8 Marine Onboard Communication and Control Systems Market Estimates & Forecast, By Application (USD Million)
8.1 Key trends, by application
8.2 Cargo & container handling
8.3 Navigation & positioning
8.4 Communication & connectivity
8.5 Surveillance & monitoring
8.6 Entertainment & crew welfare
Chapter 9 Marine Onboard Communication and Control Systems Market Estimates & Forecast, By End User (USD Million)
9.1 Key trends, by end user
9.2 OEM
9.3 Aftermarket
Chapter 10 Marine Onboard Communication and Control Systems Market Estimates & Forecast, By Region (USD Million)
10.1 Key trends, by region
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.3 Europe
10.3.1 UK
10.3.2 Germany
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Nordics
10.4 Asia Pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 Australia
10.4.5 South Korea
10.4.6 Southeast Asia
10.5 Latin America
10.5.1 Brazil
10.5.2 Mexico
10.5.3 Argentina
10.6 MEA
10.6.1 South Africa
10.6.2 Saudi Arabia
10.6.3 UAE
Chapter 11 Company Profiles (Business Overview, Financial Data, Product Landscape, Strategic Outlook, SWOT Analysis)
11.1 ABB Group
11.2 Cobham plc.
11.3 Consilium AB
11.4 Frequentis AG
11.5 FURUNO ELECTRIC CO., LTD.
11.6 Globecomm Systems Inc.
11.7 Harris Corporation
11.8 Honeywell International Inc.
11.9 Kongsberg Gruppen
11.10 Marlink
11.11 McMurdo Group (a division of Orolia)
11.12 Northrop Grumman Corporation
11.13 Radio Holland
11.14 Raytheon Anschutz GmbH
11.15 RH Marine
11.16 Sam Electronics GmbH
11.17 ST Engineering
11.18 Transas
11.19 Wartsila Corporation
11.20 Zenitel Group
- ABB
- Harris Corporation
- Honeywell International Inc.
- Kongsberg
- Northrop Grumman Corporation
- Raytheon Anschutz GmbH
- RH Marine
- Sam Electronics GmbH
- ST Engineering
- Wartsila
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