Global shipboard monitoring market is anticipated to grow at a CAGR of around 8% during the forecast period. The global shipboard monitoring market is expected to witness progressive growth and reach the market value of around $ 12 billion by 2024. The key reason for the growth of the shipboard monitoring market includes increased incorporation of the Information and Communication Technology in the global shipping industry. Moreover, growth of the seaborne trade across the globe is further aiding the market growth. Additionally, recent technological advancement in the field of artificial intelligence and satellite communication are anticipated to boost global shipboard monitoring market in the coming years. An increasing degree of automation aboard a ship coupled with requirements for functionality and competitiveness in the market, call for a development of programmable systems. These systems must be easily adaptable, possessing an installation as short as possible, thereby the market is anticipated to rev up during the forecast period.  

Global shipboard monitoring market can be segmented based on ship type, range and regional analysis. Based on ship type, the market can be bifurcated into commercial and naval. Among them, naval segment of the market is anticipated to witness the fastest growth than the commercial segment in the coming years. The growth of this segment can be attributed to the extensive use of connected ships by the naval forces of different countries. Based on region, the market is segregated into North America, Europe, South America, Asia-Pacific and Middle East & Africa. Among them, Europe is projected to grow at a poised rate during the forecast period on account of increasing demand for ships and cruises from the region. Moreover, the European region is one of the prime consumers of marine electronic equipment as some of the leading shipbuilding countries such as Germany, France, Italy, and Russia are in this region.

The major players operating in the global shipboard monitoring market are: Northrop Grumman, General Electric, Wartsila, Kongsberg Grumman, Marlink, AST Group, CMR Group, Cummins Inc., Emerson Electric Co. and Hyundai Heavy Industries Co. Major companies are developing advanced technologies in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020–2024

Objective of the Study:

  • To analyze and forecast the market size of global shipboard monitoring market.
  • To classify and forecast global shipboard monitoring market based on ship type, range and regional distribution.
  • To identify drivers and challenges for global shipboard monitoring market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global shipboard monitoring market.
  • To conduct the pricing analysis for global shipboard monitoring market.
  • To identify and analyze the profile of leading players operating in the global shipboard monitoring market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels and presence of all major service providers across the globe.

TechSci Research calculated the market size of global shipboard monitoring market by using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these services and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.


Key Target Audience:

·         Shipboard monitoring service providers

·         Research organizations and consulting companies

·         Trade Associations, organizations, forums and alliances related to shipboard monitoring

·         Government bodies such as regulating authorities and policy makers

·         Industry associations

 

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global shipboard monitoring market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by Ship Type:
    • Commercial
    • Naval
  •  Market, by Range:
    • Short Range
    • Medium Range
    • Long Range
  • Market, by Region:
    • North America
      • United States
      • Mexico
      • Canada
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
    • South America
      • Brazil
      • Argentina

§  Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global shipboard monitoring market

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
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1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customer

5.    Global Shipboard Monitoring System Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value & Volume

5.2.  Market Share & Forecast

5.2.1.     By Ship Type (Commercial Vs. Naval)

5.2.2.     By Range (Short Range; Medium Range; and Long Range)

5.2.3.     By Region

5.2.4.     By Company (2018)

5.3.  Market Attractiveness Index

6.    North America Shipboard Monitoring System Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Ship Type

6.2.2.     By Range

6.2.3.     By Country (United States; Canada; Mexico and Rest of North America)

6.3.  North America: Country Analysis

6.3.1.     United States Shipboard Monitoring System Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value & Volume

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Ship Type

6.3.1.2.2.             By Range

6.3.2.     Canada Shipboard Monitoring System Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value & Volume

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Ship Type

6.3.2.2.2.             By Range

6.3.3.     Mexico Shipboard Monitoring System Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value & Volume

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Ship Type

6.3.3.2.2.             By Range

7.    Europe Shipboard Monitoring System Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Ship Type

7.2.2.     By Range

7.2.3.     By Country (France; Germany; UK; Italy; Spain and Rest of Europe)

7.3.  Europe: Country Analysis

7.3.1.     France Shipboard Monitoring System Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value & Volume

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Ship Type

7.3.1.2.2.             By Range

7.3.2.     Germany Shipboard Monitoring System Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value & Volume

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Ship Type

7.3.2.2.2.             By Range

7.3.3.     United Kingdom Shipboard Monitoring System Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value & Volume

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Ship Type

7.3.3.2.2.             By Range

7.3.4.     Italy Shipboard Monitoring System Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value & Volume

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Ship Type

7.3.4.2.2.             By Range

7.3.5.     Spain Shipboard Monitoring System Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value & Volume

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Ship Type

7.3.5.2.2.             By Range

8.    Asia-Pacific Shipboard Monitoring System Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Ship Type

8.2.2.     By Range

8.2.3.     By Country (China; India; Japan; South Korea; Australia; and Rest of Asia Pacific)

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Shipboard Monitoring System Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value & Volume

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Ship Type

8.3.1.2.2.             By Range

8.3.2.     India Shipboard Monitoring System Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value & Volume

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Ship Type

8.3.2.2.2.             By Range

8.3.3.     Japan Shipboard Monitoring System Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value & Volume

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Ship Type

8.3.3.2.2.             By Range

8.3.4.     South Korea Shipboard Monitoring System Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value & Volume

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Ship Type

8.3.4.2.2.             By Range

8.3.5.     Australia Shipboard Monitoring System Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value & Volume

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Ship Type

8.3.5.2.2.             By Range

9.    Middle East and Africa Shipboard Monitoring System Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Ship Type

9.2.2.     By Range

9.2.3.     By Country (UAE; Saudi Arabia; South Africa and Rest of Middle East & Africa)

9.3.  MEA: Country Analysis

9.3.1.     South Africa Shipboard Monitoring System Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value & Volume

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Ship Type

9.3.1.2.2.             By Range

9.3.2.     Saudi Arabia Shipboard Monitoring System Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value & Volume

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Ship Type

9.3.2.2.2.             By Range

9.3.3.     UAE Shipboard Monitoring System Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value & Volume

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Ship Type

9.3.3.2.2.             By Range

10.  South America Shipboard Monitoring System Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Ship Type

10.2.2.  By Range

10.2.3.  By Country (Brazil; Argentina; Colombia; and Rest of South America)

10.3.              South America: Country Analysis

10.3.1.  Brazil Shipboard Monitoring System Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value & Volume

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Ship Type

10.3.1.2.2.           By Range

10.3.2.  Argentina Shipboard Monitoring System Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value & Volume

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Ship Type

10.3.2.2.2.           By Range

10.3.3.  Colombia Shipboard Monitoring System Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value & Volume

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Ship Type

10.3.3.2.2.           By Range

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends & Developments

13.  Competitive Landscape

13.1.              Competition Outlook

13.2.              Company Profiles

13.2.1.  Northrop Grumman

13.2.2.  General Electric

13.2.3.  Wartsila

13.2.4.  Kongsberg Grumman

13.2.5.  Marlink

13.2.6.  AST Group

13.2.7.  CMR Group

13.2.8.  Cummins Inc.

13.2.9.   Emerson Electric Co.

13.2.10.                Hyundai Heavy Industries Co.,

14.  Strategic Recommendations

15.  About Us and Disclaimer

 (Note: The companies list can be customized based on the client requirements.)

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com