HOME Top Market Reports Integrated Marine Automation System Market by Ship Type (Commercial, and defense), Component, End User (OEM, Aftermarket), Solution (Vessel Management System, Power Management System, Process Control, Safety System), and Region - Global Forecast to 2023

Integrated Marine Automation System Market by Ship Type (Commercial, and defense), Component, End User (OEM, Aftermarket), Solution (Vessel Management System, Power Management System, Process Control, Safety System), and Region - Global Forecast to 2023

By: marketsandmarkets.com
Publishing Date: September 2018
Report Code: AS 6573

 

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The integrated marine automation system market is valued at USD 3.38 billion in 2017 and is projected to reach USD 4.00 billion by 2023, at a CAGR of 1.90% during the forecast period. The base year considered for the study is 2017, and the forecast period is from 2018 to 2023.

Research Methodology:

The research methodology used to estimate and forecast the integrated marine automation system market begins with obtaining data on key integrated bridge system equipment statistics through secondary sources, such as government sources and organizations, for instance, International Maritime Organization (IMO), SEA Europe, Shipbuilders' Association of Japan (SAJN), International Organization for Standardization (ISO); corporate filings, for instance, annual reports, investor presentations, and financial statements; and trade, business, and professional associations, among others. The bottom-up approach has been employed to arrive at the overall size of the integrated marine automation system market from the revenues of the key players and their shares in the market. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with market experts such as, CEOs, VPs, directors, and executives. These data triangulation and market breakdown procedures were employed to complete the overall integrated marine automation system market engineering process, and arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of primaries is depicted in the below figure:

Integrated Marine Automation System Market

To know about the assumptions considered for the study, download the pdf brochure

The integrated marine automation system market comprises product developers and manufacturers, such as Northrop Grumman (US), ABB (Switzerland), Siemens (Germany), Kongsberg Gruppen (Norway), Wartsila (Finland), Tokyo Keiki Inc. (Japan), and Consilium (Sweden), among others. These companies offer advanced technological systems, products, and services. They also provide a broad range of management, engineering, technical, communication, and training services.

Target Audience

  • Navigation System Manufacturers
  • Naval Forces
  • Shipbuilders
  • Technology Support Providers
  • Solution Providers
  • Component Suppliers
  • Integrated Bridge Manufacturers
  • Maritime Shipping Companies
  • Research Organizations

“This study answers several questions for stakeholders, primarily which market segments they should focus upon during the next 2 to 5 years to prioritize their efforts and investments.”

Scope of the Report

This research report categorizes the integrated marine automation system market into the following segments and subsegments:

By Ship Type

  • Commercial
  • Defense

By Solution

  • Power Management System
  • Vessel Management System
  • Process Control
  • Safety System

By End User

  • OEM
  • Aftermarket

By Component

  • Product
  • Service

By Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Available Customizations:

Along with market data, MarketsandMarkets offers customizations as per the specific needs of a company. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiles of additional market players (up to 5)


Get more insight on other verticals of Aerospace and Defence Market Research Reports & Consulting

Table of Contents

1 Introduction (Page No. - 18)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Regional Scope
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Market Stakeholders

2 Research Methodology (Page No. - 22)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
           2.1.3 Bottom-Up Approach
           2.1.4 Top-Down Approach
    2.2 Data Triangulation
    2.3 Research Assumptions

3 Executive Summary (Page No. - 31)

4 Premium Insights (Page No. - 36)
    4.1 Attractive Opportunities in the Integrated Marine Automation System Market
    4.2 Integrated Marine Automation System Market, By Ship Type
    4.3 Europe Integrated Marine Automation System Market, By Country and Ship Type
    4.4 Integrated Marine Automation System Market, By Solution
    4.5 Integrated Marine Automation System Market, By End User
    4.6 Integrated Marine Automation System Market, By Component
    4.7 Integrated Marine Automation System Market, By Product Component
    4.8 Integrated Marine Automation System Market, By Region
    4.9 Integrated Marine Automation System Market, By Vessel Management System Solution

5 Market Overview (Page No. - 41)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growing Global Seaborne Trade
                    5.2.1.2 Increasing Awareness Among Ship Manufacturers to Comply With the Maritime Safety Norms
                    5.2.1.3 Growing Maritime Tourism Industry
           5.2.2 Restraints
                    5.2.2.1 Digitalization to Render Ships Vulnerable to Cyber Threats
           5.2.3 Opportunities
                    5.2.3.1 Development of New Port Cities in Emerging Economies
                    5.2.3.2 Revision and Formulation of Marine Safety Regulations in Several Countries
           5.2.4 Challenges
                    5.2.4.1 Cost-Intensive Customization of Integrated Marine Automation Systems
                    5.2.4.2 Lack of Skilled Personnel to Handle and Operate Integrated Marine Automation Systems
                    5.2.4.3 Lack of Common Standards for Data Generated From Different Sub-Systems

6 Industry Trends (Page No. - 49)
    6.1 Introduction
    6.2 Technology Roadmap
    6.3 Technological Advancements in the Marine Industry
           6.3.1 Artificial Intelligence
           6.3.2 Big Data Analytics
           6.3.3 Internet of Things (IoT)
           6.3.4 Augmented Reality
    6.4 Technology Trends
           6.4.1 Digital Marine Automation System
                    6.4.1.1 Conning System
                    6.4.1.2 Autopilot
                    6.4.1.3 Mooring Control and Monitoring System
                    6.4.1.4 Automated Radar Plotting Aid
                    6.4.1.5 Electronic Chart Display and Information System
                    6.4.1.6 Communication System
                    6.4.1.7 Voyage Data Recorder
                    6.4.1.8 Decision Support System
           6.4.2 Integrated Closed-Circuit Television System (CCTV)
           6.4.3 Integrated Ship Automation System
           6.4.4 Integrated Onboard Training System
           6.4.5 Integrated Firefighting Control System
    6.5 Innovations and Patent Registrations, 2011-2016

7 IMAS Market, By Ship Type (Page No. - 55)
    7.1 Introduction
    7.2 Commercial Ships
           7.2.1 Bulk Carrier
           7.2.2 Gas Tanker
           7.2.3 Tankers
           7.2.4 Passenger Cruise
           7.2.5 Dry Cargo
           7.2.6 Others
                    7.2.6.1 Specialized Vessels
                    7.2.6.2 Offshore Vessels
    7.3 Defense
           7.3.1 Aircraft Carrier
           7.3.2 Corvettes
           7.3.3 Amphibious Warfare
           7.3.4 Destroyers
           7.3.5 Frigates
           7.3.6 Other Surface Ships
           7.3.7 Submarine & Uuvs

8 IMAS Market, By Component (Page No. - 64)
    8.1 Introduction
    8.2 Product
           8.2.1 Hardware
                    8.2.1.1 Displays
                    8.2.1.2 Control Unit
                    8.2.1.3 Data Storage Devices
                    8.2.1.4 Sensors
                    8.2.1.5 Alarms
                    8.2.1.6 Others
           8.2.2 Software
                    8.2.2.1 Analytical Software
                    8.2.2.2 Monitoring Software
           8.2.3 Data Link and Connectivity
    8.3 Services

9 IMAS Market, By End User (Page No. - 70)
    9.1 Introduction
    9.2 OEM
    9.3 Aftermarket

10 IMAS Market, By Solution (Page No. - 74)
     10.1 Introduction
     10.2 Power Management System
             10.2.1 Engine Monitoring and Control System
             10.2.2 Power Distribution Management
             10.2.3 Diesel Generator Monitoring (DGMS)
     10.3 Vessel Management System
             10.3.1 Machinery Management System
             10.3.2 Alarm Monitoring System
             10.3.3 Ballast Water Management System
             10.3.4 Propulsion Control System
             10.3.5 Remote Monitoring System
             10.3.6 Dynamic Positioning System
             10.3.7 Security Management System
             10.3.8 Thrust Control System
             10.3.9 Information Management System
     10.4 Process Control
             10.4.1 HVAC Control
             10.4.2 Drilling Driver Control System
     10.5 Safety System
             10.5.1 Fire Protection System
             10.5.2 Emergency Shutdown System

11 Regional Analysis (Page No. - 82)
     11.1 Introduction
     11.2 Asia Pacific
             11.2.1 By Country
                        11.2.1.1 China
                        11.2.1.2 South Korea
                        11.2.1.3 Japan
                        11.2.1.4 India
                        11.2.1.5 Rest of Asia Pacific
     11.3 North America
             11.3.1 By Country
                        11.3.1.1 US
                        11.3.1.2 Canada
     11.4 Europe
             11.4.1 By Country
                        11.4.1.1 Germany
                        11.4.1.2 Italy
                        11.4.1.3 UK
                        11.4.1.4 Russia
                        11.4.1.5 Turkey
                        11.4.1.6 France
                        11.4.1.7 Rest of Europe
     11.5 RoW
             11.5.1 By Region
                        11.5.1.1 Middle-East & Africa
                        11.5.1.2 Latin America

12 Competitive Landscape (Page No. - 132)
     12.1 Introduction
     12.2 Regional Mapping of Leading Companies in Integrated Marine Automation System Market
     12.3 Competitive Scenario
             12.3.1 New Product Launches
             12.3.2 Expansions
             12.3.3 Contacts
             12.3.4 Acquisitions
             12.3.5 Partnerships, Agreements, and Collaborations

13 Company Profiles (Page No. - 138)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
     13.1 Northrop Grumman
     13.2 ABB
     13.3 Siemens
     13.4 Kongsberg Gruppen ASA
     13.5 Thales Group
     13.6 Transas
     13.7 Consilium AB
     13.8 Wartsila Corporation
     13.9 Tokyo Keiki Inc.
     13.10 Marine Technologies, LLC
     13.11 Praxis Automation Technology
     13.12 Honeywell International Inc.
     13.13 API Marine Inc.
     13.14 MTU Friedrichshafen

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 174)
     14.1 Discussion Guide
     14.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.3 Available Customizations
     14.4 Related Reports
     14.5 Author Details


List of Tables (134 Tables)

Table 1 Innovations and Patent Registrations
Table 2 IMAS Market Size, By Ship Type, 2016-2023 (USD Million)
Table 3 IMAS Market Size for Commercial Ships, By Sub Segment, 2018-2023 (USD Million)
Table 4 IMAS Market Size for Commercial Ships, By Region, 2016-2023 (USD Million)
Table 5 IMAS Market Size for Commercial Ships, By Sub Segment, 2018-2023 (USD Million)
Table 6 IMAS Market Size for Commercial Ships, By Region, 2016-2023 (USD Million)
Table 7 IMAS Market Size for Defense, By Sub Segment, 2016-2023 (USD Million)
Table 8 IMAS Market Size for Defense, By Region, 2016-2023 (USD Million)
Table 9 IMAS Component Segment, By Component, 2016-2023 (USD Million)
Table 10 IMAS Product Component Segment, By Product Type, 2016-2023 (USD Million)
Table 11 IMAS Hardware Product Segment, By Sub Type, 2016-2023 (USD Million)
Table 12 IMAS Hardware Product Component Segment, By Region, 2016-2023 (USD Million)
Table 13 IMAS Software Product Segment, By Sub Type, 2016-2023 (USD Million)
Table 14 IMAS Software Product Component Segment, By Region, 2016-2023 (USD Million)
Table 15 IMAS Datalink and Connectivity Product Component Segment, By Region, 2016-2023 (USD Million)
Table 16 IMAS Service Components, By Region, 2016-2023(USD Million)
Table 17 IMAS Market Size, By Size, 2016-2023 (USD Million)
Table 18 IMAS Market Size for OEM, By Region, 2016-2023 (USD Million)
Table 19 IMAS Market Size for Medium Ships, By Region, 2016-2023 (USD Million)
Table 20 IMAS Market Size, By Solution, 2016-2023 (USD Million)
Table 21 IMAS Market Size for PMS, By Sub Type, 2016-2023 (USD Million)
Table 22 IMAS Market Size for VMS, By Sub Type, 2016-2023 (USD Million)
Table 23 IMAS Market Size for PCS, By Sub Type, 2016-2023 (USD Million)
Table 24 IMAS Market Size for Safety System, By Sub Type, 2016-2023 (USD Million)
Table 25 Global IMAS Market Size, By Region, 2016-2023 (USD Million)
Table 26 Asia Pacific: IMAS Market Size, By Ship Type, 2016-2023 (USD Million)
Table 27 Asia Pacific: IMAS Market Size, By Commercial Ship Type, 2016-2023 (USD Million)
Table 28 Asia Pacific: IMAS Market Size, By Defense Ship Type 2016-2023 (USD Million)
Table 29 Asia Pacific: IMAS Market Size, By End User, 2016-2023 (USD Million)
Table 30 Asia Pacific: IMAS Market Size, By Component, 2016-2023 (USD Million)
Table 31 Asia Pacific: Product IMAS Market Size, By Component, 2016-2023 (USD Million)
Table 32 Asia Pacific: IMAS Market Size, By Hardware Component, 2016-2023 (USD Million)
Table 33 Asia Pacific: IMAS Market Size, By Software Component, 2016-2023 (USD Million)
Table 34 Asia Pacific: IMAS Market Size, By Solution, 2016-2023 (USD Million)
Table 35 Asia Pacific: IMAS Market Size, By Power Management Solution, 2016-2023 (USD Million)
Table 36 Asia Pacific: IMAS Market Size, By Vessel Management Solution, 2016-2023 (USD Million)
Table 37 Asia Pacific: IMAS Market Size, By Process Control Solution, 2016-2023 (USD Million)
Table 38 Asia Pacific: IMAS Market Size, By Safety System Solution, 2016-2023 (USD Million)
Table 39 Asia-Pacific: IMAS Market Size, By Country, 2016-2023 (USD Million)
Table 40 China: IMAS Market Size, By Solution, 2016-2023 (USD Million)
Table 41 China: IMAS Market Size, By Ship Type, 2016-2023 (USD Million)
Table 42 China: IMAS Market Size, By End User, 2016-2023 (USD Million)
Table 43 South Korea: IMAS Market Size, By Solution, 2016-2023 (USD Million)
Table 44 South Korea: IMAS Market Size, By Ship Type, 2016-2023 (USD Million)
Table 45 South Korea: IMAS Market Size, By End User, 2016-2023 (USD Million)
Table 46 Japan: IMAS Market Size, By Solution, 2016-2023 (USD Million)
Table 47 Japan: IMAS Market Size, By Ship Type, 2016-2023 (USD Million)
Table 48 Japan: IMAS Market Size, By End User, 2016-2023 (USD Million)
Table 49 India: IMAS Market Size, By Solution, 2016-2023 (USD Million)
Table 50 India: IMAS Market Size, By Ship Type, 2016-2023 (USD Million)
Table 51 India: IMAS Market Size, By End User, 2016-2023 (USD Million)
Table 52 Rest of Asia Pacific: IMAS Market Size, By Solution, 2016-2023 (USD Million)
Table 53 Rest of Asia Pacific: IMAS Market Size, By Ship Type, 2016-2023 (USD Million)
Table 54 Rest of Asia Pacific: IMAS Market Size, By End User, 2016-2023 (USD Million)
Table 55 North America: IMAS Market Size, By Ship Type, 2016-2023 (USD Million)
Table 56 North America: IMAS Market Size, By Commercial Ship Type, 2016-2023 (USD Million)
Table 57 North America: IMAS Market Size, By Defense Ship Type, 2016-2023 (USD Million)
Table 58 North America: IMAS Market Size, By End User, 2016-2023 (USD Million)
Table 59 North America: IMAS Market Size, By Component, 2016-2023 (USD Million)
Table 60 North America: Product IMAS Market Size, By Component, 2016-2023 (USD Million)
Table 61 North America: IMAS Market Size, By Hardware Component, 2016-2023 (USD Million)
Table 62 North America: IMAS Market Size, By Software Component, 2016-2023 (USD Million)
Table 63 North America: IMAS Market Size, By Solution, 2016-2023 (USD Million)
Table 64 North America: IMAS Market Size, By Power Management Solution, 2016-2023 (USD Million)
Table 65 North America: IMAS Market Size, By Vessel Management Solution, 2016-2023 (USD Million)
Table 66 North America: IMAS Market Size, By Process Control Solution, 2016-2023 (USD Million)
Table 67 North America: IMAS Market Size, By Safety System Solution, 2018-2023 (USD Million)
Table 68 North America: IMAS Market Size, By Country, 2018-2023 (USD Million)
Table 69 US: IMAS Market Size, By Solution, 2016-2023 (USD Million)
Table 70 US: IMAS Market Size, By Ship Type, 2016-2023 (USD Million)
Table 71 US: IMAS Market Size, By End User, 2016-2023 (USD Million)
Table 72 Canada: IMAS Market Size, By Solution, 2016-2023 (USD Million)
Table 73 Canada: IMAS Market Size, By Ship Type, 2016-2023 (USD Million)
Table 74 Canada: IMAS Market Size, By End User, 2016-2023 (USD Million)
Table 75 Europe: IMAS Market Size, By Ship Type, 2016-2023 (USD Million)
Table 76 Europe: IMAS Market Size, By Commercial Ship Type, 2016-2023 (USD Million)
Table 77 Europe: IMAS Market Size, By Defense Ship Type, 2016-2023 (USD Million)
Table 78 Europe: IMAS Market Size, By End User, 2016-2023 (USD Million)
Table 79 Europe: IMAS Market Size, By Component, 2016-2023 (USD Million)
Table 80 Europe: Product IMAS Market Size, By Component, 2016-2023 (USD Million)
Table 81 Europe: IMAS Market Size, By Hardware Component, 2016-2023 (USD Million)
Table 82 Europe: IMAS Market Size, By Software Component, 2016-2023 (USD Million)
Table 83 Europe: IMAS Market Size, By Solution, 2016-2023 (USD Million)
Table 84 Europe: IMAS Market Size, By Power Management Solution, 2016-2023 (USD Million)
Table 85 Europe: IMAS Market Size, By Vessel Management Solution, 2016-2023 (USD Million)
Table 86 Europe: IMAS Market Size, By Process Control Solution, 2016-2023 (USD Million)
Table 87 Europe: IMAS Market Size, By Safety System Solution, 2016-2023 (USD Million)
Table 88 Europe: IMAS Market Size, By Country, 2016-2023 (USD Million)
Table 89 Germany: IMAS Market Size, By Solution, 2016-2023 (USD Million)
Table 90 Germany: IMAS Market Size, By Ship Type, 2016-2023 (USD Million)
Table 91 Germany: IMAS Market Size, By End User, 2016-2023 (USD Million)
Table 92 Italy: IMAS Market Size, By Solution, 2016-2023 (USD Million)
Table 93 Italy: IMAS Market Size, By Ship Type, 2016-2023 (USD Million)
Table 94 Italy: IMAS Market Size, By End User, 2016-2023 (USD Million)
Table 95 UK: IMAS Market Size, By Solution, 2016-2023 (USD Million)
Table 96 UK: IMAS Market Size, By Ship Type, 2016-2023 (USD Million)
Table 97 UK: IMAS Market Size, By End User, 2016-2023 (USD Million)
Table 98 Russia: IMAS Market Size, By Solution, 2016-2023 (USD Million)
Table 99 Russia: IMAS Market Size, By Ship Type, 2016-2023 (USD Million)
Table 100 Russia: IMAS Market Size, By End User, 2016-2023 (USD Million)
Table 101 Turkey: IMAS Market Size, By Solution, 2016-2023 (USD Million)
Table 102 Turkey: IMAS Market Size, By Ship Type, 2016-2023 (USD Million)
Table 103 Turkey: IMAS Market Size, By End User, 2016-2023 (USD Million)
Table 104 France: IMAS Market Size, By Solution, 2016-2023 (USD Million)
Table 105 France: IMAS Market Size, By Ship Type, 2016-2023 (USD Million)
Table 106 France: IMAS Market Size, By End User, 2016-2023 (USD Million)
Table 107 Rest of Europe: IMAS Market Size, By Solution, 2016-2023 (USD Million)
Table 108 Rest of Europe: IMAS Market Size, By Ship Type, 2016-2023 (USD Million)
Table 109 Rest of Europe: IMAS Market Size, By End User, 2016-2023 (USD Million)
Table 110 Rest of the World: IMAS Market Size, By Ship Type, 2016-2023 (USD Million)
Table 111 Rest of the World: IMAS Market Size, By Commercial Ship Type, 2016-2023 (USD Million)
Table 112 Rest of the World: IMAS Market Size, By Defense Ship Type, 2016-2023 (USD Million)
Table 113 Rest of the World: IMAS Market Size, By End User, 2016-2023 (USD Million)
Table 114 Rest of the World: IMAS Market Size, By Component, 2016-2023 (USD Million)
Table 115 Rest of the World: Product IMAS Market Size, By Component, 2016-2023 (USD Million)
Table 116 Rest of the World: IMAS Market Size, By Hardware Component, 2016-2023 (USD Million)
Table 117 Rest of the World: IMAS Market Size, By Software Component, 2016-2023 (USD Million)
Table 118 Rest of the World: IMAS Market Size, By Solution, 2016-2023 (USD Million)
Table 119 Rest of the World: IMAS Market Size, By Power Management Solution, 2016-2023 (USD Million)
Table 120 Rest of the World: IMAS Market Size, By Vessel Management Solution, 2016-2023 (USD Million)
Table 121 Rest of the World: IMAS Market Size, By Process Control Solution, 2016-2023 (USD Million)
Table 122 Rest of the World: IMAS Market Size, By Safety System Solution, 2016-2023 (USD Million)
Table 123 RoW: IMAS Market Size, By Country, 2016-2023 (USD Million)
Table 124 Middle East & Africa: IMAS Market Size, By Solution, 2016-2023 (USD Million)
Table 125 Middle East & Africa: IMAS Market Size, By Ship Type, 2016-2023 (USD Million)
Table 126 Middle East & Africa: IMAS Market Size, By End User, 2016-2023 (USD Million)
Table 127 Latin America: IMAS Market Size, By Solution, 2016-2023 (USD Million)
Table 128 Latin America: IMAS Market Size, By Ship Type, 2016-2023 (USD Million)
Table 129 Latin America: IMAS Market Size, By End User, 2016-2023 (USD Million)
Table 130 New Product Launches, January 2014– January 2018
Table 131 Expansions, January 2014– January 2018
Table 132 Contracts, January 2014– July 2018
Table 133 Acquisitions, January 2014– January 2018
Table 134 Partnerships, Agreements, and Collaborations, January 2014– January 2018


List of Figures (51 Figures)

Figure 1 Integrated Marine Automation System Market: Markets Covered
Figure 2 Research Flow
Figure 3 Integrated Marine Automation System Market: Research Design
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Data Triangulation
Figure 8 Research Assumptions
Figure 9 Based on Component, the Product Segment is Anticipated to Lead the Integrated Marine Automation System Market From 2018 to 2025
Figure 10 Based on Ship Type, the Commercial is Projected to Be the Largest Segment of Integrated Marine Automation System Market in 2018
Figure 11 Based on Solution, the Vessel Management System is Anticipated to Lead the Integrated Marine Automation System Market From 2018 to 2023
Figure 12 Based on End User, the OEM Segment is Projected to Lead the Integrated Marine Automation System Market in 2018
Figure 13 The Europe Region is Anticipated to Lead the Integrated Marine Automation System Market From 2018 to 2023
Figure 14 Growth in International Seaborne Trade is Anticipated to Drive the Integrated Marine Automation System Market During the Forecast Period
Figure 15 The Commercial Segment is Anticipated to Lead the Integrated Marine Automation System Market During the Forecast Period
Figure 16 Based on Application, the Defense Ships Segment is Estimated to Account for the Largest Share of the Europe Integrated Marine Automation System Market in 2018
Figure 17 The Vessel Management Systems is Projected to Lead the Solution Segment of Integrated Marine Automation System Market From 2018 to 2023
Figure 18 The OEMs Segment is Projected to Lead the Integrated Marine Automation System Market From 2018 to 2023
Figure 19 The Product is Projected to Lead the Integrated Marine Automation System Market From 2018 to 2023
Figure 20 The Hardware is Projected to Lead the Integrated Marine Automation System Market From 2018 to 2023
Figure 21 The Europe is Projected to Lead the Integrate Marine Automation System From 2018 to 2023
Figure 22 The Machinery Management System is Projected to Lead the Vessel Management System Solution Segment From 2018 to 2023
Figure 23 Drivers, Restraints, Challenges, and Opportunities for Integrated Marine Automation System Market
Figure 24 Global Seaborne Trade, By Quantity Traded, 2006-2015
Figure 25 Global Ship Losses, 2007-2016
Figure 26 Number of Ship Losses, By Damage Type, 2017
Figure 27 Cruise Fleets Across the Globe, By Ship and Berth, 2015-2020
Figure 28 Revenue Earned By Global Cruise Industry, 2008–2015 (USD Million)
Figure 29 Increase in Number of Cruise Passengers in Europe From 2007 to 2016
Figure 30 Global Cruise Industry Share, By Region, 2016 (%)
Figure 31 Potential Cyber-Attack Routes for Marine Vessels
Figure 32 Technology Roadmap
Figure 33 Commercial Segment of Global IMAS Market to Record Highest CAGR, 2018-2023
Figure 34 Product Segment of Global IMAS Market to Record Highest CAGR, 2018-2023
Figure 35 The OEM Segment of the Integrated Marine Automation Market is Projected to Grow at the Higher CAGR During the Forecast Period
Figure 36 The VMS Segment of the IMAS Market is Estimated to Be Largest Market During the Period
Figure 37 Europe Held Largest Share of Global IMAS Market in 2018
Figure 38 Asia-Pacific IMAS Market: Regional Snapshot 2018
Figure 39 North America IMAS Market: Regional Snapshot2018
Figure 40 Europe IMAS Market: Regional Snapshot 2018
Figure 41 New Product Launches Was Key Growth Strategy Adopted By Market Players Between January 2014 and January 2018
Figure 42 Companies in Integrated Marine Automation System Market, By Region
Figure 43 Northrop Grumman: Company Snapshot
Figure 44 ABB: Company Snapshot
Figure 45 Siemens: Company Snapshot
Figure 46 Kongsberg Gruppen ASA: Company Snapshot
Figure 47 Thales Group: Company Snapshot
Figure 48 Consilium AB: Company Snapshot
Figure 49 Wartsila Corporation: Company Snapshot
Figure 50 Tokyo Keiki: Company Snapshot
Figure 51 Honeywell International Inc.: Company Snapshot

The integrated marine automation system market is projected to grow from USD 3.64 billion in 2018 to USD 4.00 billion by 2023, at a CAGR of 1.90% during the forecast period. Factors such as the increasing seaborne trade, increasing compliance with maritime safety norms, and growth in maritime tourism are driving the integrated marine automation system market.

On the basis of ship type, the commercial segment is projected to grow at the highest CAGR during the forecast period. Rise in seaborne trade along with increasing demand for decreasing operational costs for ships by equipping them with automation systems is expected to drive the growth of the integrated marine automation system market.

Based on end user, the OEM segment of the integrated marine automation system market is anticipated to grow at the higher CAGR during the forecast period. Increasing seaborne trade across the world is expected to lead to new shipbuilding orders. Thus, in turn, leading to increase in the requirement for OEM integrated marine automation systems for new ships.

Based on component, the product segment is projected to grow at the highest CAGR during the forecast period. Installation of various hardware, software, datalinks, and connectivity in marine automation systems is leading to the high growth of the product segment.

Based on solution, the vessel management system segment is projected to grow at the highest CAGR during the forecast period. Vessel management system is the largest segment comprising various subsystems, such as dynamic positioning system, alarm monitoring system, and machinery management, among others.

The integrated marine automation system market is led by Europe with the highest projected growth rate for the forecast period. Although the shipbuilding industry is going through a rough patch presently, the demand for autonomous ship and cruise ships in Europe is expected to drive the integrated marine automation system market in this region.

Integrated Marine Automation System Market

Factors such as digitalization making ships vulnerable to cyber threats and the shortage of qualified professionals in the marine industry may inhibit the growth of the integrated marine automation system market.

Key players profiled in the integrated marine automation system market report include Northrop Grumman (US), ABB (Switzerland), Transas (Ireland), Wartsila (Finland), and Kongsberg Gruppen (Norway), among others. New product launches is the key strategy adopted by industry players to achieve growth in the integrated marine automation system market. This strategy accounted for a major share of the total growth strategies adopted by the leading players. For instance, in January 2018, Transas launched its first package of applications built on THESIS, which is a unified cloud-based platform that manages operations across the full breadth of the maritime ecosystem. This advanced A-Suite package utilizes the latest machine learning techniques to reduce potential human errors taking place in the marine automation system or resulting in poor decision-making anywhere in the operational chain of marine vessels.

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