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3. Marine Onboard Communication and Control Systems Companies - Emerson Electric Co. (US) and Wartsila (Finland) are the Key Players

The Marine Onboard Communication and Control Systems market is valued at USD 8.6 billion in 2023 and is projected to reach USD 12.3 billion by 2028, at a CAGR of 7.3% from 2023 to 2028. The market growth is driven by increasing seaborne trade globally and increase in tourism which leads in the development of various marine vessels. To comply with the regulatory standards and for operational efficiency the demand for various marine control systems is rising. The cyber secured communication needs for navies driving the growth of the marine onboard communication and control systems market.

Major Marine Onboard Communication and Control Systems Companies Include:

• Emerson Electric Co. (US)
• Wartsila (Finland)
• Kongsberg (Norway)
• ABB (Switzerland)
• Northrop Grumman Corporation (US)

Prominent companies in this industry are primarily located in North America and Europe. Key players in the marine control systems market are investing heavily in research and development to introduce advanced technologies such as advanced propulsion control systems and monitoring systems to improve performance, efficiency, and reliability. They are also focusing on partnerships and collaborations to expand their market presence and offer comprehensive solutions to customers.

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

EMERSON ELECTRIC CO. (US)

Emerson Electric Co. stands as a global leader, specializing in the design, manufacturing, and delivery of innovative solutions across industrial, commercial, and consumer markets. Among its offerings are wireless-extendable process control systems, supporting mobile workforces with handheld tools/communicators for location tracking, video monitoring, and communication with wireless field devices. This enhances operator information access. The company offers products and solutions for diverse industries such as marine, oil & gas, automotive, and power. The company has introduced the Plantweb Digital Ecosystem—an extensive Industrial Internet of Things (IoT) architecture. This Plantweb Digital Ecosystem integrates intelligent field sensors, communication gateways, controllers, software, and partner technologies for comprehensive remote monitoring.

WARTSILA (Finland)

Wartsila is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets. Wartsila primarily offers power systems, electric shipping, hybrid shipping, fleet optimization, port optimization, dynamic positioning, and other products and solutions. It also provides ship designing services. The company is a leading partner for customers in decarbonizing the maritime industry, particularly through fuel flexibility and hybrid solutions. The company operates through Marine Power, Marine Systems, Voyage, Energy, and Portfolio Business segments. The Voyage segment serves key markets across cruise, ferry, merchant, navy, and non-vessel-related segments, such as port authorities and maritime institutes.

KONGSBERG (Norway)

Kongsberg is a leading technology corporation delivering mission-critical solutions. The major subsidiaries of Kongsberg are Kongsberg Defence & Aerospace, Kongsberg Maritime, and Kongsberg Next. Kongsberg, along with its subsidiaries, offers high-technology systems to the shipping, oil & gas, and aerospace & defense industries. Kongsberg develops Integrated Solutions, Propulsions and engines, Deck Machinery and motion Control, Sensors and robotics, and Global Customer Support. The Integrated Solutions of the company include bridge and control systems, such as dynamic positioning systems, propulsion control systems, navigation systems, and automation systems for the safety, control, and monitoring of processes onboard merchant and offshore vessels and cruise ships.

ABB (Switzerland)

ABB is one of the leading manufacturers of industrial equipment and systems. The company focuses on advanced technologies such as sensors, data analytics, and artificial intelligence, among others, to build smart vessels and other products to increase automation in ship navigation, steering, and control. The company offers integrated automation, electrical, and digital solutions for the process, hybrid, and maritime industries through its Process Automation segment. The company introduced ABB Dynafin, a new concept representing a revolutionary propulsion system for enhanced efficiency in the marine industry. ABB Dynafin is particularly effective for medium-sized and smaller vessels, including ferries for passengers and vehicles, offshore support vessels operating at wind farms, and yachts. ABB Dynafin propulsion system reduces vibrations and noise levels and improves passenger and crew comfort. The company also provides other propulsion control systems for seamless communication with other onboard ABB systems with a faster control response.

NORTHROP GRUMMAN CORPORATION (US)

Northrop Grumman Corporation is an integrated global defense and security enterprise providing a range of products, services, and solutions to the information and services, electronics, and aerospace industries worldwide. It is a leading integrated and advanced naval systems provider. The company is also one of the top maritime navigation providers for optimal situational awareness and enhanced safety. The company provides Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems.

The Defense Systems involve the designing, development, integration, and production of navigation systems, ship monitoring systems, and other types of systems and subsystems. The Mission Systems of the company include Airborne Multifunction Sensors, Maritime/Land Systems and sensors, Navigation, Targeting, and survivability, and Networked Information Solutions. The Maritime/Land Systems & Sensors offers products, systems, and services that enable maritime mission capabilities via sensors, targeting and surveillance systems, electronic warfare systems, mission module integration, power, propulsion, and control systems.

Related Reports:

Marine Onboard Communication and Control Systems Market by Type (Communication Systems, Control Systems), Platform (Commercial, Defense), End User (OEM, Aftermarket) and Region (North America, Europe, APAC, MEA, RoW) - Global Forecast to 2028

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