Global Connected Ship Market Research Report: Information by Ship Type (Commercial and Defense), Installation Type (Onboard and Onshore), Fit (Line Fit and Retrofit), Application (Fleet Operations, Vessel Traffic Management and Fleet Health Monitoring) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027
ID: MRFR/A&D/6620-HCR | August 2022 | Region: Global | 133 Pages
Table of Contents
1. Executive Summary
1.1. Market Attractiveness Analysis
1.1.1. Global Connected Ship Market, by Ship Type
1.1.2. Global Connected Ship Market, by Installation Type
1.1.3. Global Connected Ship Market, by Fit
1.1.4. Global Connected Ship Market, by Application
1.1.5. Global Connected Ship Market, by Region
2. Market Introduction
2.1. Market Definition
2.2. Scope of the Study
2.3. Market Structure
2.4. Key Buying Criteria
2.5. Market Factor Indicator Analysis
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
3.6. List of Assumptions
4. Market Insights
5. Market Dynamics
5.1. Introduction
5.2. Drivers
5.3. Restraints
5.4. Opportunities
5.5. Challenges
5.6. Market/Technological Trends
5.7. Patent Trends
5.8. Regulatory Landscape/Standards
6. Market Factor Analysis
6.1. Value Chain/Supply Chain Analysis
6.1.1. R&D
6.1.2. Manufacturing
6.1.3. Distribution & Sales
6.1.4. Post-Sales Monitoring
6.2. Porter’s Five Forces Analysis
6.2.1. Threat of New Entrants
6.2.2. Bargaining Power of Buyers
6.2.3. Threat of Substitutes
6.2.4. Rivalry
6.2.5. Bargaining Power of Supplies
7. Global Connected Ship Market, by Ship Type
7.1. Introduction
7.2. Commercial
7.2.1. Market Estimates & Forecast, 2020–2027
7.2.2. Market Estimates & Forecast, by Region, 2020–2027
7.3. Defense
7.3.1. Market Estimates & Forecast, 2020–2027
7.3.2. Market Estimates & Forecast, by Region, 2020–2027
8. Global Connected Ship Market, by Installation Type
8.1. Introduction
8.2. Onboard
8.2.1. Market Estimates & Forecast, 2020–2027
8.2.2. Market Estimates & Forecast, by Region, 2020–2027
8.3. Onshore
8.3.1. Market Estimates & Forecast, 2020–2027
8.3.2. Market Estimates & Forecast, by Region, 2020–2027
9. Global Connected Ship Market, by Fit
9.1. Introduction
9.2. Line Fit
9.2.1. Market Estimates & Forecast, 2020–2027
9.2.2. Market Estimates & Forecast, by Region, 2020–2027
9.3. Retrofit
9.3.1. Market Estimates & Forecast, 2020–2027
9.3.2. Market Estimates & Forecast, by Region, 2020–2027
10. Global Connected Ship Market, by Application
10.1. Introduction
10.2. Fleet Operations
10.2.1. Market Estimates & Forecast, 2020–2027
10.2.2. Market Estimates & Forecast, by Region, 2020–2027
10.3. Vessel Traffic Management
10.3.1. Market Estimates & Forecast, 2020–2027
10.3.2. Market Estimates & Forecast, by Region, 2020–2027
10.4. Fleet Health Monitoring
10.4.1. Market Estimates & Forecast, 2020–2027
10.4.2. Market Estimates & Forecast, by Region, 2020–2027
11. Market Estimates & Forecast, by Region, 2020–2027
12. Market Estimates & Forecast, by Region, 2020–2027
13. Global Connected Ship Market, by Region
13.1. Introduction
13.2. North America
13.2.1. Market Estimates & Forecast, by Country, 2020–2027
13.2.2. Market Estimates & Forecast, by Ship Type, 2020–2027
13.2.3. Market Estimates & Forecast, by Installation Type, 2020–2027
13.2.4. Market Estimates & Forecast, by Fit, 2020–2027
13.2.5. Market Estimates & Forecast, by Application, 2020–2027
13.2.6. US
13.2.6.1. Market Estimates & Forecast, by Ship Type, 2020–2027
13.2.6.2. Market Estimates & Forecast, by Installation Type, 2020–2027
13.2.6.3. Market Estimates & Forecast, by Fit, 2020–2027
13.2.6.4. Market Estimates & Forecast, by Application, 2020–2027
13.2.7. Canada
13.2.7.1. Market Estimates & Forecast, by Ship Type, 2020–2027
13.2.7.2. Market Estimates & Forecast, by Installation Type, 2020–2027
13.2.7.3. Market Estimates & Forecast, by Fit, 2020–2027
13.2.7.4. Market Estimates & Forecast, by Application, 2020–2027
13.3. Europe
13.3.1. Market Estimates & Forecast, by Country, 2020–2027
13.3.2. Market Estimates & Forecast, by Ship Type, 2020–2027
13.3.3. Market Estimates & Forecast, by Installation Type, 2020–2027
13.3.4. Market Estimates & Forecast, by Fit, 2020–2027
13.3.5. Market Estimates & Forecast, by Application, 2020–2027
13.3.6. UK
13.3.6.1. Market Estimates & Forecast, by Ship Type, 2020–2027
13.3.6.2. Market Estimates & Forecast, by Installation Type, 2020–2027
13.3.6.3. Market Estimates & Forecast, by Fit, 2020–2027
13.3.6.4. Market Estimates & Forecast, by Application, 2020–2027
13.3.7. Germany
13.3.7.1. Market Estimates & Forecast, by Ship Type, 2020–2027
13.3.7.2. Market Estimates & Forecast, by Installation Type, 2020–2027
13.3.7.3. Market Estimates & Forecast, by Fit, 2020–2027
13.3.7.4. Market Estimates & Forecast, by Application, 2020–2027
13.3.8. France
13.3.8.1. Market Estimates & Forecast, by Ship Type, 2020–2027
13.3.8.2. Market Estimates & Forecast, by Installation Type, 2020–2027
13.3.8.3. Market Estimates & Forecast, by Fit, 2020–2027
13.3.8.4. Market Estimates & Forecast, by Application, 2020–2027
13.3.9. Russia
13.3.9.1. Market Estimates & Forecast, by Ship Type, 2020–2027
13.3.9.2. Market Estimates & Forecast, by Installation Type, 2020–2027
13.3.9.3. Market Estimates & Forecast, by Fit, 2020–2027
13.3.9.4. Market Estimates & Forecast, by Application, 2020–2027
13.3.10. Rest of Europe
13.3.10.1. Market Estimates & Forecast, by Ship Type, 2020–2027
13.3.10.2. Market Estimates & Forecast, by Installation Type, 2020–2027
13.3.10.3. Market Estimates & Forecast, by Fit, 2020–2027
13.3.10.4. Market Estimates & Forecast, by Application, 2020–2027
13.4. Asia-Pacific
13.4.1. Market Estimates & Forecast, by Country, 2020–2027
13.4.2. Market Estimates & Forecast, by Ship Type, 2020–2027
13.4.3. Market Estimates & Forecast, by Installation Type, 2020–2027
13.4.4. Market Estimates & Forecast, by Fit, 2020–2027
13.4.5. Market Estimates & Forecast, by Application, 2020–2027
13.4.6. China
13.4.6.1. Market Estimates & Forecast, by Ship Type, 2020–2027
13.4.6.2. Market Estimates & Forecast, by Installation Type, 2020–2027
13.4.6.3. Market Estimates & Forecast, by Fit, 2020–2027
13.4.6.4. Market Estimates & Forecast, by Application, 2020–2027
13.4.7. Japan
13.4.7.1. Market Estimates & Forecast, by Ship Type, 2020–2027
13.4.7.2. Market Estimates & Forecast, by Installation Type, 2020–2027
13.4.7.3. Market Estimates & Forecast, by Fit, 2020–2027
13.4.7.4. Market Estimates & Forecast, by Application, 2020–2027
13.4.8. India
13.4.8.1. Market Estimates & Forecast, by Ship Type, 2020–2027
13.4.8.2. Market Estimates & Forecast, by Installation Type, 2020–2027
13.4.8.3. Market Estimates & Forecast, by Fit, 2020–2027
13.4.8.4. Market Estimates & Forecast, by Application, 2020–2027
13.4.9. South Korea
13.4.9.1. Market Estimates & Forecast, by Ship Type, 2020–2027
13.4.9.2. Market Estimates & Forecast, by Installation Type, 2020–2027
13.4.9.3. Market Estimates & Forecast, by Fit, 2020–2027
13.4.9.4. Market Estimates & Forecast, by Application, 2020–2027
13.4.10. Rest of Asia-Pacific
13.4.10.1. Market Estimates & Forecast, by Ship Type, 2020–2027
13.4.10.2. Market Estimates & Forecast, by Installation Type, 2020–2027
13.4.10.3. Market Estimates & Forecast, by Fit, 2020–2027
13.4.10.4. Market Estimates & Forecast, by Application, 2020–2027
13.5. Rest of the World
13.5.1. Market Estimates & Forecast, by Region, 2020–2027
13.5.2. Market Estimates & Forecast, by Ship Type, 2020–2027
13.5.3. Market Estimates & Forecast, by Installation Type, 2020–2027
13.5.4. Market Estimates & Forecast, by Fit, 2020–2027
13.5.5. Market Estimates & Forecast, by Application, 2020–2027
13.5.6. Middle East & Africa
13.5.6.1. Market Estimates & Forecast, by Ship Type, 2020–2027
13.5.6.2. Market Estimates & Forecast, by Installation Type, 2020–2027
13.5.6.3. Market Estimates & Forecast, by Fit, 2020–2027
13.5.6.4. Market Estimates & Forecast, by Application, 2020–2027
13.5.7. Latin America
13.5.7.1. Market Estimates & Forecast, by Ship Type, 2020–2027
13.5.7.2. Market Estimates & Forecast, by Installation Type, 2020–2027
13.5.7.3. Market Estimates & Forecast, by Fit, 2020–2027
13.5.7.4. Market Estimates & Forecast, by Application, 2020–2027
14. Competitive Landscape
14.1. Competitive Overview
14.2. Competitor Dashboard
14.3. Major Growth Strategies in the Global Connected Ship Market
14.4. Competitive Benchmarking
14.5. Market Share Analysis
14.6. ABB.: The Leading Player in Terms of Number of Developments in the Global Connected Ship Market
14.7. Key Developments & Growth Strategies
14.7.1. Product Launches/Service Deployments
14.7.2. Mergers & Acquisitions
14.7.3. Joint Ventures
15. Company Profiles
15.1. ABB
15.1.1. Company Overview
15.1.2. Products/Services Offered
15.1.3. Financial Overview
15.1.4. Key Developments
15.1.5. SWOT Analysis
15.1.6. Key Strategies
15.2. Emerson Electric Co.
15.2.1. Company Overview
15.2.2. Products/Services Offered
15.2.3. Financial Overview
15.2.4. Key Developments
15.2.5. SWOT Analysis
15.2.6. Key Strategies
15.3. General Electric
15.3.1. Company Overview
15.3.2. Products/Services Offered
15.3.3. Financial Overview
15.3.4. Key Developments
15.3.5. SWOT Analysis
15.3.6. Key Strategies
15.4. Hyundai Heavy Industries Co., Ltd
15.4.1. Company Overview
15.4.2. Products/Services Offered
15.4.3. Financial Overview
15.4.4. Key Developments
15.4.5. SWOT Analysis
15.4.6. Key Strategies
15.5. Inmarsat plc
15.5.1. Company Overview
15.5.2. Products/Services Offered
15.5.3. Financial Overview
15.5.4. Key Developments
15.5.5. SWOT Analysis
15.5.6. Key Strategies
15.6. Intelsat
15.6.1. Company Overview
15.6.2. Products/Services Offered
15.6.3. Financial Overview
15.6.4. Key Developments
15.6.5. SWOT Analysis
15.6.6. Key Strategies
15.7. Kongsberg Group
15.7.1. Company Overview
15.7.2. Products/Services Offered
15.7.3. Financial Overview
15.7.4. Key Developments
15.7.5. SWOT Analysis
15.7.6. Key Strategies
15.8. Lockheed Martin Corporation
15.8.1. Company Overview
15.8.2. Products/Services Offered
15.8.3. Financial Overview
15.8.4. Key Developments
15.8.5. SWOT Analysis
15.8.6. Key Strategies
15.9. Marlink
15.9.1. Company Overview
15.9.2. Products/Services Offered
15.9.3. Financial Overview
15.9.4. Key Developments
15.9.5. SWOT Analysis
15.9.6. Key Strategies
15.10. RH Marine
15.10.1. Company Overview
15.10.2. Products/Services Offered
15.10.3. Financial Overview
15.10.4. Key Developments
15.10.5. SWOT Analysis
15.10.6. Key Strategies
15.11. Rockwell Automation, Inc.
15.11.1. Company Overview
15.11.2. Products/Services Offered
15.11.3. Financial Overview
15.11.4. Key Developments
15.11.5. SWOT Analysis
15.11.6. Key Strategies
15.12. Schneider Electric
15.12.1. Company Overview
15.12.2. Products/Services Offered
15.12.3. Financial Overview
15.12.4. Key Developments
15.12.5. SWOT Analysis
15.12.6. Key Strategies
15.13. Siemens AG
15.13.1. Company Overview
15.13.2. Products/Services Offered
15.13.3. Financial Overview
15.13.4. Key Developments
15.13.5. SWOT Analysis
15.13.6. Key Strategies
15.14. Viasat, Inc.
15.14.1. Company Overview
15.14.2. Products/Services Offered
15.14.3. Financial Overview
15.14.4. Key Developments
15.14.5. SWOT Analysis
15.14.6. Key Strategies
15.15. Wärtsilä (Finland)
15.15.1. Company Overview
15.15.2. Products/Services Offered
15.15.3. Financial Overview
15.15.4. Key Developments
15.15.5. SWOT Analysis
15.15.6. Key Strategies
16. Appendix
16.1. References
16.2. Related Reports
16.3. List of Abbreviations
17. Industry Insights
Note: This table of contents is tentative and subject to change as the research progresses.
List of Tables
Table 1 Global Connected Ship Market, by Region, 2020–2027
Table 2 North America: Connected Ship Market, by Country, 2020–2027
Table 3 Europe: Connected Ship Market, by Country, 2020–2027
Table 4 Asia-Pacific: Connected Ship Market, by Country, 2020–2027
Table 5 Rest of the World: Connected Ship Market, by Region, 2020–2027
Table 6 Global Connected Ship Market Size, by Region, 2020–2027
Table 7 North America: Connected Ship Market Size, by Country, 2020–2027
Table 8 Europe: Connected Ship Market Size, by Country, 2020–2027
Table 9 Asia-Pacific: Connected Ship Market Size, by Country, 2020–2027
Table 10 Rest of the World: Connected Ship Market Size, by Country, 2020–2027
Table 11 Global Connected Ship Type Market, by Region, 2020–2027
Table 12 North America: Connected Ship Type Market, by Country, 2020–2027
Table 13 Europe: Connected Ship Type Market, by Country, 2020–2027
Table 14 Asia-Pacific: Connected Ship Type Market, by Country, 2020–2027
Table 15 Rest of the World: Connected Ship Type Market, by Country, 2020–2027
Table 16 Global Connected Ship Installation Type Market, by Region, 2020–2027
Table 17 North America: Connected Ship Installation Type Market, by Country, 2020–2027
Table 18 Europe: Connected Ship Installation Type Market, by Country, 2020–2027
Table 19 Asia-Pacific: Connected Ship Installation Type Market, by Country, 2020–2027
Table 20 Rest of the World: Connected Ship Installation Type Market, by Country, 2020–2027
Table 21 Global Connected Ship Fit Market, by Region, 2020–2027
Table 22 North America: Connected Ship Fit Market, by Country, 2020–2027
Table 23 Europe: Connected Ship Fit Market, by Country, 2020–2027
Table 24 Asia-Pacific: Connected Ship Fit Market, by Country, 2020–2027
Table 25 Rest of the World: Connected Ship Fit Market, by Country, 2020–2027
Table 26 Global Connected Ship Application Market, by Region, 2020–2027
Table 27 North America: Connected Ship Application Market, by Country, 2020–2027
Table 28 Europe: Connected Ship Application Market, by Country, 2020–2027
Table 29 Asia-Pacific: Connected Ship Application Market, by Country, 2020–2027
Table 30 Rest of the World: Connected Ship Application Market, by Country, 2020–2027
Table 31 Global Connected Ship Market, by Region, 2020–2027
Table 32 Global Connected Ship Market, by Ship Type, 2020–2027
Table 33 Global Connected Ship Market, by Installation Type, 2020–2027
Table 34 Global Connected Ship Market, by Fit, 2020–2027
Table 35 Global Connected Ship Market, by Application, 2020–2027
Table 36 North America: Connected Ship Market, by Country, 2020–2027
Table 37 North America: Connected Ship Market, by Ship Type, 2020–2027
Table 38 North America: Connected Ship Market, by Installation Type, 2020–2027
Table 39 North America: Connected Ship Market, by Fit, 2020–2027
Table 40 North America: Connected Ship Market, by Application, 2020–2027
Table 41 Europe: Connected Ship Market, by Country, 2020–2027
Table 42 Europe: Connected Ship Market, by Ship Type, 2020–2027
Table 43 Europe: Connected Ship Market, by Installation Type, 2020–2027
Table 44 Europe: Connected Ship Market, by Fit, 2020–2027
Table 45 Europe: Connected Ship Market, by Application, 2020–2027
Table 46 Asia-Pacific: Connected Ship Market, by Country, 2020–2027
Table 47 Asia-Pacific: Connected Ship Market, by Ship Type, 2020–2027
Table 48 Asia-Pacific: Connected Ship Market, by Installation Type, 2020–2027
Table 49 Asia-Pacific: Connected Ship Market, by Fit, 2020–2027
Table 50 Asia-Pacific: Connected Ship Market, by Application, 2020–2027
Table 51 Rest of the World: Connected Ship Market, by Region, 2020–2027
Table 52 Rest of the World: Connected Ship Market, by Ship Type, 2020–2027
Table 53 Rest of the World: Connected Ship Market, by Installation Type, 2020–2027
Table 54 Rest of the World: Connected Ship Market, by Fit, 2020–2027
Table 55 Rest of the World: Connected Ship Market, by Application, 2020–2027
List of Figures
FIGURE 1 Research Process of MRFR
FIGURE 2 Top-Down & Bottom-Up Approaches
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter's Five Forces Analysis
FIGURE 7 Value Chain Analysis
FIGURE 8 Global Connected Ship Market Share, by Ship Type, 2020 (%)
FIGURE 9 Global Connected Ship Market, by Ship Type, 2020–2027 (USD Million)
FIGURE 10 Global Connected Ship Market Share, by Installation Type, 2020 (%)
FIGURE 11 Global Connected Ship Market, by Installation Type, 2020–2027 (USD Million)
FIGURE 12 Global Connected Ship Market Share, by Fit, 2020 (%)
FIGURE 13 Global Connected Ship Market, by Fit, 2020–2027 (USD Million)
FIGURE 14 Global Connected Ship Market Share, by Application, 2020 (%)
FIGURE 15 Global Connected Ship Market, by Application, 2020–2027 (USD Million)
FIGURE 16 Global Connected Ship Market Share (%), by Region, 2020
FIGURE 17 Global Connected Ship Market, by Region, 2020–2027 (USD Million)
FIGURE 18 North America: Connected Ship Market Share (%), 2020
FIGURE 19 North America: Connected Ship Market, by Country, 2020–2027 (USD Million)
FIGURE 20 Europe: Connected Ship Market Share (%), 2020
FIGURE 21 Europe: Connected Ship Market, by Country, 2020–2027 (USD Million)
FIGURE 22 Asia-Pacific: Connected Ship Market Share (%), 2020
FIGURE 23 Asia-Pacific: Connected Ship Market, by Country, 2020–2027 (USD Million)
FIGURE 24 Rest of the World: Connected Ship Market Share (%), 2020
FIGURE 25 Rest of the World: Connected Ship Market, by Region, 2020–2027 (USD Million)
Connected Ship Market
Connected Ship Market Size Valued at USD 9.54 Billion, market Grow at a CAGR Of 6.01% by 2020 -2030
$9.54 Billion
Market Size
6.01%
CAGR
European
Dominating Region
2020-2030
Forecast Period
Segmentation
Key Players
- ABB (Switzerland)
- Emerson Electric Co. (US)
- General Electric (US)
- Hyundai Heavy Industries Co.Ltd (South Korea)
- Kongsberg Group (Norway)
- Marlink (France)
- Lockheed Martin Corporation (US)
- RH Marine (Netherlands)
- Rockwell Automation Inc. (US)
- Schneider Electric (France)
- Siemens AG (Germany)
- Viasat Inc. (US)
- Wärtsilä (Finland)
- Intelsat (Luxembourg)
- Inmarsat Plc (UK)
Drivers
- Increasing adoption of information and communication technology
Connected Ship Market Overview
Connected Ship Market is expected grow at a CAGR 4% during the forecast period. In terms of designs, uses, methods of construction, and technologies, connected technology in defense ships differs from that in commercial boats. Various governments throughout the world are spending much in this technology in order to produce new and improved navy ships and submarines. Ships are becoming smarter and more connected, but with new and exciting prospects for operational efficiency comes a greater danger of hacking. The connected ship technology is implemented in commercial and defense cargo ships and is generally utilized for cargo transfer to seagoing ships that are either underway or stationary. The growing incorporation of ICT in the global marine industry, the growing maritime tourism industry, and augmented budgets of shipping companies for the adoption of digitalization of vessels are some of the significant factors influencing the growth of the market for the connected ship, while the high deployment cost of marine broadband connectivity is expected to hinder the market's growth. Increasing expenditure by various countries on linking systems to increase the monitoring capabilities of their naval ships has been a prominent development driver of the market.
Key Players
- ABB (Switzerland)
- Emerson Electric Co. (US)
- General Electric (US)
- Hyundai Heavy Industries Co.
- Ltd (South Korea)
- Kongsberg Group (Norway)
- Marlink (France)
- Lockheed Martin Corporation (US)
- RH Marine (Netherlands)
- Rockwell Automation Inc. (US)
- Schneider Electric (France)
- Siemens AG (Germany)
- Viasat Inc. (US)
- Wärtsilä (Finland)
- Intelsat (Luxembourg)
- Inmarsat Plc (UK)
Segmentation of the Global Connected Ship Market 
On the basis of ship type, the market has been bifurcated into commercial and defense. In 2018, the commercial segment dominated the global market. However, the defense segment is expected to register the higher CAGR during the forecast period. Increased adoption of connected ships by naval forces of various countries such as the US and China is driving the segment growth. For example, in June 2019, Lockheed Martin Corporation, in collaboration with the US Navy, launched Littoral Combat Ship 21, a connected ship that assists in anti-submarine warfare, mine warfare, and surface warfare.
Based on installation type, the market has been divided into onboard and onshore. The onboard segment dominated the market in 2018 and is expected to record the higher CAGR during the forecast period. Onboard installation supports various advanced systems such as navigation systems, communication management systems, and ship information management systems. These systems offer enhanced communication, real-time location information, and details regarding the vessel such as fuel consumption and capacity to navy officials and fleet operators.
On the basis of fit, the market has been classified as line fit and retrofit. The line fit segment dominated the market in 2018 and is expected to register the higher growth during the forecast period of 2019 to 2025. Increasing orders for new ships and rising investments in naval defense by countries such as India and China are driving the growth of the segment.
Based on application, the market has been categorized as fleet operations, vessel traffic management, and fleet health monitoring. The fleet operations segment dominated the market in 2018. However, the fleet health monitoring segment is expected to register the highest CAGR during the forecast period. Diagnostics and remote monitoring solutions provided by companies such as Furuno Electric Co., Ltd. offer features such as machine health information and fuel efficiency data. This in turn assists in effective fleet health monitoring.
The global connected ship market has been segmented, based on region, into North America, Europe, Asia-Pacific, and the rest of the world. The European market dominated the global connected ship market in 2018 owing to the growing marine tourism industry. However, the market in Asia-Pacific is expected to be the fastest-growing during the forecast period. Increasing military naval modernization activities undertaken by countries such as China and India are driving the market growth in the region.
Research Methodology
The market values and forecasts are derived using MRFR research methodology, which includes secondary research, primary interviews, data triangulation and validation from an in-house data repository and statistical modeling tools.
Secondary Research
In this process, data is collected from various secondary sources, including annual reports, SEC filings, journals, government associations, aerospace & defense magazines, white papers, corporate presentations, company websites, and paid databases.
Primary Research
In this process, both the demand- and supply-side parties are interviewed to extract facts and insights into the market forecast, production, trends, and projected market growth. Industry stakeholders such as CEOs, VPs, directors, and marketing executives across the value chain are approached to obtain key information.
Key Insights
- Market Sizing, Forecast, and Analysis: Detailed coverage of the market segment and sub-segments
- Regional/Country Trends and Forecast: Detailed analysis of the market in North America, Asia-Pacific, Europe, and the rest of the world, along with key countries in each region
- Market Dynamics Intelligence: Market drivers, opportunities, trends, restraints, Porter’s five forces, supply chain, and value chain analysis
- Technology Trends, Regulatory Landscape, and Patent Analysis Outlook
- Competitive Intelligence: Market share analysis, financial analysis, product benchmarking, and strategic developments including joint ventures, product launches, and mergers & acquisitions
- Regional attractiveness and related growth opportunities
Recent Development
- February 2022: The University of Maine Advanced Structures and Composites Center has set a new standard in composite manufacturing by producing two 3D-printed prototype logistics boats for the United States Department of Defense. The Marine Corps Systems Command's Advanced Manufacturing Operations Cell (AMOC), in partnership with the UMaine Composites Center, successfully developed the disposable polymeric composite ship-to-shore vehicles using advanced manufacturing processes. The lengthier of the two vessels, the largest ever 3D-printed, depicts the transportation of 20-foot containers representing equipment and supplies from ship to land. The second vessel can convey a Marine rifle squad with organic equipment and supplies for three days. The prototypes can function as connected ships, increasing the transport capacity of a single-tow vehicle.
Intended Audience
- Ship manufacturers
- Information technology companies
- Law enforcement agencies
- Space agencies
- Defense organizations
- Government authorities
- Naval organizations
- Defense companies
- Research institutes
- Regulatory bodies
Frequently Asked Questions (FAQ) :
Connected Ship Market can expand to rise at 4% CAGR by 2025.
By 2025, the Connected Ship Market can touch decent value.
General Electric (US), ABB (Switzerland), and Emerson Electric Co. (US) are some renowned names in the Connected Ship Market.
The availability of on-board solutions can promote the Connected Ship Market.
The presence of inadequate expertise can restrains the Connected Ship Market expansion.
