Connected Ship Market Research Report - Global Forecast till 2027

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. WΓ€rtsilΓ€ (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

Segmentation

By Ship Type Commercial Defense
By Installation Type Onboard Onshore
By Fit Line Fit Retrofit
By Application Fleet Operations Vessel Traffic Management Fleet Health Monitoring

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)
  • WΓ€rtsilΓ€ (Finland)
  • Intelsat (Luxembourg)
  • Inmarsat Plc (UK)

Drivers

  • Increasing adoption of information and communication technology
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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   Connected Ship Market_Image


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



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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.