Connected Ship Market by Application (Vessel Traffic Management, Fleet Operation, Fleet Health Monitoring, Other Applications), Installation (Onboard, Onshore), Platform (Ships, Ports) & Fit (Line Fit, Retrofit, Hybrid Fit) and Global Forecast to 2028

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Date: 16-Aug-2023
No. of pages: 300
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Increase in seaborne trade across the globe to drive the market.

The Connected Ship market is projected to grow from USD 11.3 Billion in 2023 to USD 17.2 Billion by 2028, at a CAGR of 7.7 % during the forecast period. Technological advancements and increase in seaborne trade across the globe are driving the growth of the market.

The Line fit segment is projected to witness the highest CAGR during the forecast period.

Based on Fit, the Line fit segment of the Connected Ship market is projected to hold the highest growth rate during the forecast period. The line fit offers installation of advanced technology for connected ship during its construction, such as the Very Small Aperture Terminal (VSAT), Automatic Identification System (AIS) and Electronic Chart Display (ECD) to improve efficiency, safety and situational awareness for connected ship.

The Onboard segment is projected to dominate the market share by Installation.

Based on Installation, the Onboard segment is projected to dominate the market share during the forecast period. A Onboard installation is integrated systems, sensors, and data processing infrastructure installed on the ship. Onboard installation offers Navigation and automation system to enhanced safety, efficiency and real- time data collection for enhance situational awareness.

Asia Pacific is expected to account for the largest market share in 2023.

The Connected Ship market industry has been studied in North America, Europe, Asia Pacific, Rest of the World. Asia Pacific accounted for the largest market share for connected ship. China leads the market in Asia Pacific with a large number of companies and startups operating in the industry. The country is playing a vital role in the advancement and manufacturing of Connected ship. The market is expected to expand owing to the demand for connected ship system to improve fleet management, security and fleet operation.

The break-up of the profile of primary participants in the CONNECTED SHIP market:


  • By Company Type: Tier 1 – 55%, Tier 2 – 20%, and Tier 3 – 25%

  • By Designation: C Level – 40%, Managers – 35%, Others-25%

  • By Region: North America –10%, Europe – 20%, Asia Pacific – 40%, Rest of the World – 30%


Prominent companies include ABB (Switzerland), Emerson Electric Co. (US), Kongsberg Gruppen ASA (Norway), Wartsila (Finland), and Thales Group (France), among others.

Research Coverage:

This research report categorizes the Connected Ship market by Application (Vessel Traffic Management, Fleet Operation, Fleet Health Monitoring, Other Applications, by Installation (Onboard, Onshore) , by Platform (Ships, Ports) and fit (Line fit, Retrofit, Hybrid fit), and by region (North America, Europe, Asia Pacific, Rest of the World). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the Connected Ship market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, services; key strategies; Contracts, partnerships, and agreements. New product & service launches, mergers and acquisitions, and recent developments associated with the Connected Ship System market. Competitive analysis of upcoming startups in the Connected Ship market ecosystem is covered in this report.

Reasons to buy this report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Connected Ship System market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:


  • Analysis of key drivers (Incorporation of ICT in marine industry, Increased spending on digitalization of vessels, Increase in global seaborne trade, Need for situational awareness in fleet operations, Growing maritime tourism industry), restraints (High cost of marine broadband connectivity, Digitalization renders connected ships vulnerable to cyber threats), opportunities (Rigorous development of connected autonomous ships Adoption of Vessel Traffic Services (VTS) by shipping companies, Adoption of vessel traffic services by shipping companies, Development of new port cities in emerging economies), and challenges (Limited Internet facilities in connected ships, Lack of skilled personnel to handle and operate connected ships) influencing the growth of the authentication and brand protection market

  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Connected Ship market

  • Market Development: Comprehensive information about lucrative markets – the report analyses the Connected Ship market across varied regions

  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Connected Ship market

  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players in the Connected Ship market

Connected Ship Market by Application (Vessel Traffic Management, Fleet Operation, Fleet Health Monitoring, Other Applications), Installation (Onboard, Onshore), Platform (Ships, Ports) & Fit (Line Fit, Retrofit, Hybrid Fit) and Global Forecast to 2028

Table Of Contents

1 Introduction 36
1.1 Study Objectives 36
1.2 Market Definition 36
1.3 Study Scope 37
1.3.1 Markets Covered 37
Figure 1 Connected Ship Market Segmentation 37
1.3.2 Regions Covered 38
1.3.3 Years Considered 38
1.4 Inclusions And Exclusions 39
1.5 Currency Considered 39
Table 1 Usd Exchange Rate 39
1.6 Stakeholders 40
1.7 Summary Of Changes 40
1.7.1 Recession Impact 40

2 Research Methodology 41
2.1 Research Data 41
Figure 2 Research Design 41
Figure 3 Research Process Flow 42
2.1.1 Secondary Data 42
2.1.1.1 Key Data From Secondary Sources 42
2.1.2 Primary Data 43
2.1.2.1 Industry Insights 43
2.1.2.2 Key Data From Primary Sources 44
2.1.2.3 Primary Sources 44
Figure 4 Breakdown Of Primary Interviews 45
2.2 Factor Analysis 45
2.2.1 Introduction 45
2.2.2 Demand-Side Indicators 46
2.2.3 Supply-Side Indicators 46
2.3 Research Approach And Methodology 46
2.3.1 Bottom-Up Approach 47
2.3.1.1 Market Size Estimation Process 47
Figure 5 Bottom-Up Approach 47
2.3.2 Top-Down Approach 48
Figure 6 Top-Down Approach 48
2.4 Data Triangulation 49
Figure 7 Data Triangulation 49
2.5 Recession Impact Analysis 50
2.6 Research Assumptions 50
Table 2 Parametric Assumptions For Market Forecasting 50
2.7 Research Limitations 50
2.8 Risk Analysis 50

3 Executive Summary 51
Figure 8 Onboard Segment To Hold Maximum Market Share In 2028 52
Figure 9 Line Fit To Be Largest Segment During Forecast Period 52
Figure 10 Vessel Traffic Management To Be Fastest-Growing Segment During Forecast Period 53
Figure 11 Asia Pacific To Be Largest Market During Forecast Period 54

4 Premium Insights 55
4.1 Attractive Opportunities For Players In Connected Ship Market 55
Figure 12 Increasing Use Of Autonomous Systems And Inter-Ship Communications Systems In Large Seafaring Vessels 55
4.2 Connected Ship Market, By Platform 56
Figure 13 Ships To Be Largest Segment During Forecast Period 56
4.3 Connected Ship Market, By Ship Type 56
Figure 14 Commercial Ships To Show Highest Growth During Forecast Period 56
4.4 Connected Ship Market, By Port Type 57
Figure 15 Greenfield Ports To Show Highest Growth During Forecast Period 57
4.5 Connected Ship Market, By Country 57
Figure 16 China To Be Fastest-Growing Country During Forecast Period 57

5 Market Overview 58
5.1 Introduction 58
5.2 Market Dynamics 58
Figure 17 Connected Ship Market Dynamics 58
5.2.1 Drivers 59
5.2.1.1 Incorporation Of Ict In Marine Industry 59
5.2.1.2 Increased Spending On Digitalization Of Vessels 59
5.2.1.3 Surge In Global Seaborne Trade 59
5.2.1.4 Need For Situational Awareness In Fleet Operations 59
5.2.1.5 Growing Maritime Tourism Industry 60
5.2.2 Restraints 60
5.2.2.1 High Cost Of Marine Broadband Connectivity 60
Table 3 Comparison Of Hardware And Broadband Plans 61
5.2.2.2 Vulnerability Of Connected Ships To Cyber Threats 61
Figure 18 Potential Cyberattack Routes For Connected Ships 61
5.2.3 Opportunities 62
5.2.3.1 Rigorous Development Of Connected Autonomous Ships 62
Table 4 Design Development Targets For Connected Autonomous Ships 62
5.2.3.2 Adoption Of Vessel Traffic Services By Shipping Companies 62
5.2.3.3 Development Of New Port Cities In Emerging Economies 62
5.2.4 Challenges 63
5.2.4.1 Limited Internet Facilities In Connected Ships 63
5.2.4.2 Shortage Of Skilled Personnel 63
5.3 Impact Of Recession On Connected Ship Market 63
5.4 Value Chain Analysis 64
Figure 19 Value Chain Analysis 64
5.5 Technological Evolution In Connected Ship Market 65
Figure 20 Technological Evolution In Connected Ship Market 65
5.6 Trends/Disruptions Impacting Customers’ Businesses 66
Figure 21 Revenue Shift For Players In Connected Ship Market 66
5.7 Ecosystem Mapping 66
5.7.1 Prominent Companies 66
5.7.2 Private And Small Enterprises 66
5.7.3 Research Organizations 66
Figure 22 Ecosystem Mapping 67
Table 5 Role Of Key Players In Ecosystem 67
5.8 Porter’s Five Forces Analysis 68
Table 6 Porter’s Five Force Analysis 68
5.8.1 Threat Of New Entrants 69
5.8.2 Threat Of Substitutes 69
5.8.3 Bargaining Power Of Suppliers 69
5.8.4 Bargaining Power Of Buyers 69
5.8.5 Intensity Of Competitive Rivalry 69
5.9 Pricing Analysis 69
Table 7 Average Price Of Connected Ship Equipment Per Defense Vessel 69
Table 8 Average Price Of Connected Ship Equipment Per Commercial Vessel 70
5.10 Tariff And Regulatory Landscape 70
Table 9 North America: Regulatory Bodies, Government Agencies, And Others 70
Table 10 Europe: Regulatory Bodies, Government Agencies, And Others 71
Table 11 Asia Pacific: Regulatory Bodies, Government Agencies, And Others 71
Table 12 Middle East: Regulatory Bodies, Government Agencies, And Others 72
Table 13 Rest Of The World: Regulatory Bodies, Government Agencies, And Others 72
5.11 Trade Analysis 73
Table 14 Country-Wise Imports, 2019–2022 (Usd Thousand) 73
Table 15 Country-Wise Exports, 2019–2022 (Usd Thousand) 73
5.12 Patent Analysis 74
Figure 23 Top 10 Patent Owners 74
Table 16 Key Patent Registrations, 2023 75
Table 17 Other Patent Registrations, 2021–2022 76
5.13 Key Stakeholders And Buying Criteria 77
5.13.1 Key Stakeholders In Buying Process 77
Figure 24 Influence Of Stakeholders On Buying Connected Ships, By Ship Type 77
Table 18 Influence Of Stakeholders On Buying Connected Ships, By Ship Type (%) 77
5.13.2 Buying Criteria 78
Figure 25 Key Buying Criteria For Connected Ships, By Application 78
Table 19 Key Buying Criteria For Connected Ships, By Application 78
5.14 Key Conferences And Events, 2023–2024 79
Table 20 Key Conferences And Events, 2023–2024 79
5.15 Technology Analysis 79
5.15.1 Key Technology 79
5.15.1.1 Artificial Intelligence (Ai) 79
5.15.2 Supporting Technology 79
5.15.2.1 Internet Of Things (Iot) 79
5.16 Case Study Analysis 80
5.16.1 Advanced Connectivity Solutions 80
5.16.2 Seavision By Kongsberg Maritime 80
5.17 Operational Data 81
Table 21 New Ship Deliveries, By Defense Ship, 2019–2022 81
Table 22 New Ship Deliveries, By Commercial Ship, 2019–2022 81
Table 23 Mobile Satellite Ground Station Volume, By Platform, 2019–2028 81

6 Industry Trends 82
6.1 Introduction 82
6.2 Supply Chain Analysis 82
Figure 26 Supply Chain Analysis 82
6.3 Technology Trends 83
6.3.1 Global Navigation Satellite Systems 83
6.3.2 High Throughput Satellites 83
6.3.3 Digital Marine Automation Systems 83
6.3.3.1 Sensor Fusion Solutions 83
6.3.3.2 Control Algorithms 84
6.3.3.3 Conning Systems 84
6.3.3.4 Connectivity Solutions 84
6.3.3.5 Autopilot 84
6.3.3.6 Mooring Control And Monitoring Systems 84
6.3.3.7 Automated Radar Plotting Aids 84
6.3.3.8 Electronic Chart Display And Information Systems 84
6.3.3.9 Communications Systems 84
6.3.3.10 Voyage Data Recorders 84
6.3.3.11 Decision Support Systems 85
6.3.4 Vessel Traffic Management Systems 85
Figure 27 Key Milestones In Connected Ship Technology Development 85
6.3.5 Autonomous Marine Vessels 85
6.3.6 Integrated Ship Automation Systems 85
Table 24 Comparison Between Manual Ship Systems And Integrated Marine Automation Systems 86
6.4 Impact Of Megatrends 86
6.4.1 Cloud-Based Solutions 86
6.4.2 Satellite Communications 86

7 Connected Ship Market, By Application 87
7.1 Introduction 88
Figure 28 Connected Ship Market, By Application, 2023–2028 88
Table 25 Connected Ship Market, By Application, 2019–2022 (Usd Million) 88
Table 26 Connected Ship Market, By Application, 2023–2028 (Usd Million) 88
7.2 Vessel Traffic Management 89
7.2.1 Emphasis On Safety And Efficiency Of Vessels To Drive Growth 89
7.3 Fleet Operation 89
7.3.1 Need For Real-Time Situational Awareness To Drive Growth 89
7.4 Fleet Health Monitoring 89
7.4.1 Demand For Remote Engine Monitoring Systems To Drive Growth 89
7.5 Other Applications 90
7.5.1 Passenger Interaction 90
7.5.2 Cargo Tracking 90

8 Connected Ship Market, By Installation 91
8.1 Introduction 92
Figure 29 Connected Ship Market, By Installation, 2023–2028 92
Table 27 Connected Ship Market, By Installation, 2019–2022 (Usd Million) 92
Table 28 Connected Ship Market, By Installation, 2023–2028 (Usd Million) 92
8.2 Onboard 93
8.2.1 Increased Adoption Of Automation Systems In Naval And Cargo Vessels To Drive Growth 93
Figure 30 Automation To Hold Leading Market Position In 2028 93
Table 29 Onboard: Connected Ship Market, By Type, 2019–2022 (Usd Million) 93
Table 30 Onboard: Connected Ship Market, By Type, 2023–2028 (Usd Million) 94
8.2.2 Navigation Positioning And Tracking 94
8.2.2.1 Navigation Systems 94
8.2.3 Ship Information Management Systems 94
8.2.3.1 Voyage Data Recorders 95
8.2.3.2 Data Processors 95
8.2.4 Communications Management Systems 95
8.2.4.1 Very Small Aperture Terminals 95
8.2.4.2 Mobile Satellite Systems 95
8.2.5 Automation 95
8.2.5.1 Surveillance And Safety Systems 96
8.2.5.2 Power Management Systems 96
8.2.5.3 Propulsion Control Systems 96
8.2.5.4 Machinery Management Systems 96
8.2.5.5 Alarm Management Systems 96
8.2.5.6 Ballast Management Systems 96
8.2.5.7 Thruster Control Systems 96
8.2.6 Inter-Ship Communications Systems 97
8.2.7 Integrated Bridge Systems 97
8.3 Onshore 97
8.3.1 Widespread Use Of Artificial Intelligence And Data Analytics In Maritime Industry To Drive Growth 97
8.3.2 Servers 97
8.3.3 Ship Data Analysis And Management 97
8.3.3.1 Software 98
8.3.3.1.1 Fleet Management Software 98
8.3.3.1.2 Data Analysis Software 98
8.3.3.2 Services 98
8.3.3.2.1 Health Monitoring Services 98
8.3.3.2.2 Navigation Assistance Services 98

9 Connected Ship Market, By Platform 99
9.1 Introduction 100
Figure 31 Connected Ship Market, By Platform, 2023–2028 100
Table 31 Connected Ship Market, By Platform, 2019–2022 (Usd Million) 101
Table 32 Connected Ship Market, By Platform, 2023–2028 (Usd Million) 101
9.2 Ships 101
9.2.1 Demand For Advanced Ship Health Monitoring Systems And Automation Systems To Drive Growth 101
Figure 32 Connected Ship Market, By Ship Type, 2023–2028 101
Table 33 Ships: Connected Ship Market, By Type, 2019–2022 (Usd Million) 102
Table 34 Ships: Connected Ship Market, By Type, 2023–2028 (Usd Million) 102
9.2.2 Commercial 102
Figure 33 Cargo Ships To Hold Largest Market Share In 2028 102
Table 35 Commercial: Connected Ship Market, By Type, 2019–2022 (Usd Million) 103
Table 36 Commercial: Connected Ship Market, By Type, 2023–2028 (Usd Million) 103
9.2.2.1 Passenger Ships 103
9.2.2.2 Cargo Ships 103
Figure 34 Container Ships To Hold Largest Market Share In 2028 104
Table 37 Cargo Ships: Connected Ship Market, By Type, 2019–2022 (Usd Million) 104
Table 38 Cargo Ships: Connected Ship Market, By Type, 2023–2028 (Usd Million) 104
9.2.2.3 Other Ships 105
9.2.2.3.1 Specialized Ships 105
9.2.2.3.2 Offshore Ships 105
9.2.3 Defense 105
Figure 35 Submarines To Hold Largest Market Share In 2028 105
Table 39 Defense: Connected Ship Market, By Type, 2019–2022 (Usd Million) 106
Table 40 Defense: Connected Ship Market, By Type, 2023–2028 (Usd Million) 106
9.2.3.1 Aircraft Carriers 106
9.2.3.2 Corvettes 106
9.2.3.3 Frigates 107
9.2.3.4 Submarines 107
9.2.3.5 Destroyers 107
9.2.3.6 Amphibious Ships 107
9.3 Ports 107
9.3.1 Trade And Transportation Applications To Drive Growth 107
Figure 36 Connected Ship Market, By Port Type, 2023–2028 108
Table 41 Ports: Connected Ship Market, By Type, 2019–2022 (Usd Million) 108
Table 42 Ports: Connected Ship Market, By Type, 2023–2028 (Usd Million) 108
9.3.2 Greenfield Ports 109
9.3.3 Brownfield Ports 109

10 Connected Ship Market, By Fit 110
10.1 Introduction 111
Figure 37 Connected Ship Market, By Fit, 2023–2028 111
Table 43 Connected Ship Market, By Fit, 2019–2022 (Usd Million) 111
Table 44 Connected Ship Market, By Fit, 2023–2028 (Usd Million) 111
10.2 Line Fit 112
10.2.1 Rise In New Ship Deliveries To Drive Growth 112
10.3 Retrofit 112
10.3.1 Active Replacement Of Old Connected Systems To Drive Growth 112
10.4 Hybrid Fit 112
10.4.1 Rapid Integration Of Advanced Systems In Connected Ships To Drive Growth 112

11 Connected Ship Market, By Region 113
11.1 Introduction 114
Figure 38 Connected Ship Market, By Region, 2023–2028 114
Table 45 Connected Ship Market, By Region, 2019–2022 (Usd Million) 114
Table 46 Connected Ship Market, By Region, 2023–2028 (Usd Million) 115
11.2 North America 115
11.2.1 Pestle Analysis 115
11.2.2 Recession Impact Analysis 116
Figure 39 North America: Naval Budget Trend, By Country, 2019–2022 116
Table 47 North America: Recession Impact Analysis 116
Figure 40 North America: Connected Ship Market Snapshot 117
Table 48 North America: Connected Ship Market, By Fit, 2019–2022 (Usd Million) 117
Table 49 North America: Connected Ship Market, By Fit, 2023–2028 (Usd Million) 118
Table 50 North America: Connected Ship Market, By Application, 2019–2022 (Usd Million) 118
Table 51 North America: Connected Ship Market, By Application, 2023–2028 (Usd Million) 118
Table 52 North America: Connected Ship Market, By Installation, 2019–2022 (Usd Million) 118
Table 53 North America: Connected Ship Market, By Installation, 2023–2028 (Usd Million) 119
Table 54 North America: Connected Ship Market, By Onboard System, 2019–2022 (Usd Million) 119
Table 55 North America: Connected Ship Market, By Onboard System, 2023–2028 (Usd Million) 119
Table 56 North America: Connected Ship Market, By Country, 2019–2022 (Usd Million) 120
Table 57 North America: Connected Ship Market, By Country, 2023–2028 (Usd Million) 120
11.2.3 Us 120
11.2.3.1 Rise In Naval Shipbuilding To Drive Growth 120
Table 58 Us: Connected Ship Market, By Installation, 2019–2022 (Usd Million) 120
Table 59 Us: Connected Ship Market, By Installation, 2023–2028 (Usd Million) 121
Table 60 Us: Connected Ship Market, By Fit, 2019–2022 (Usd Million) 121
Table 61 Us: Connected Ship Market, By Fit, 2023–2028 (Usd Million) 121
Table 62 Us: Connected Ship Market, By Application, 2019–2022 (Usd Million) 121
Table 63 Us: Connected Ship Market, By Application, 2023–2028 (Usd Million) 122
11.2.4 Canada 122
11.2.4.1 Emphasis On Developing Indigenous Marine Industry To Drive Growth 122
Table 64 Canada: Connected Ship Market, By Installation, 2019–2022 (Usd Million) 122
Table 65 Canada: Connected Ship Market, By Installation, 2023–2028 (Usd Million) 122
Table 66 Canada: Connected Ship Market, By Fit, 2019–2022 (Usd Million) 123
Table 67 Canada: Connected Ship Market, By Fit, 2023–2028 (Usd Million) 123
Table 68 Canada: Connected Ship Market, By Application, 2019–2022 (Usd Million) 123
Table 69 Canada: Connected Ship Market, By Application, 2023–2028 (Usd Million) 123
11.3 Europe 124
11.3.1 Pestle Analysis 124
11.3.2 Recession Impact Analysis 125
Figure 41 Europe: Naval Budget Trend, By Country, 2019–2022 125
Table 70 Europe: Recession Impact Analysis 125
Figure 42 Europe: Connected Ship Market Snapshot 126
Table 71 Europe: Connected Ship Market, By Fit, 2019–2022 (Usd Million) 126
Table 72 Europe: Connected Ship Market, By Fit, 2023–2028 (Usd Million) 127
Table 73 Europe: Connected Ship Market, By Application, 2019–2022 (Usd Million) 127
Table 74 Europe: Connected Ship Market, By Application, 2023–2028 (Usd Million) 127
Table 75 Europe: Connected Ship Market, By Installation, 2019–2022 (Usd Million) 127
Table 76 Europe: Connected Ship Market, By Installation, 2023–2028 (Usd Million) 128
Table 77 Europe: Connected Ship Market, By Onboard System, 2019–2022 (Usd Million) 128
Table 78 Europe: Connected Ship Market, By Onboard System, 2023–2028 (Usd Million) 128
Table 79 Europe: Connected Ship Market, By Country, 2019–2022 (Usd Million) 129
Table 80 Europe: Connected Ship Market, By Country, 2023–2028 (Usd Million) 129
11.3.3 Germany 129
11.3.3.1 Predominance Of Maritime Industry To Drive Growth 129
Table 81 Germany: Connected Ship Market, By Installation, 2019–2022 (Usd Million) 130
Table 82 Germany: Connected Ship Market, By Installation, 2023–2028 (Usd Million) 130
Table 83 Germany: Connected Ship Market, By Fit, 2019–2022 (Usd Million) 130
Table 84 Germany: Connected Ship Market, By Fit, 2023–2028 (Usd Million) 130
Table 85 Germany: Connected Ship Market, By Application, 2019–2022 (Usd Million) 131
Table 86 Germany: Connected Ship Market, By Application, 2023–2028 (Usd Million) 131
11.3.4 Italy 131
11.3.4.1 Retrofitting Of Connected Ship Technologies In Vessels To Drive Growth 131
Table 87 Italy: Connected Ship Market, By Installation, 2019–2022 (Usd Million) 131
Table 88 Italy: Connected Ship Market, By Installation, 2023–2028 (Usd Million) 132
Table 89 Italy: Connected Ship Market, By Fit, 2019–2022 (Usd Million) 132
Table 90 Italy: Connected Ship Market, By Fit, 2023–2028 (Usd Million) 132
Table 91 Italy: Connected Ship Market, By Application, 2019–2022 (Usd Million) 132
Table 92 Italy: Connected Ship Market, By Application, 2023–2028 (Usd Million) 133
11.3.5 Uk 133
11.3.5.1 Increased Investments In Marine Systems To Drive Growth 133
Table 93 Uk: Connected Ship Market, By Installation, 2019–2022 (Usd Million) 133
Table 94 Uk: Connected Ship Market, By Installation, 2023–2028 (Usd Million) 133
Table 95 Uk: Connected Ship Market, By Fit, 2019–2022 (Usd Million) 134
Table 96 Uk: Connected Ship Market, By Fit, 2023–2028 (Usd Million) 134
Table 97 Uk: Connected Ship Market, By Application, 2019–2022 (Usd Million) 134
Table 98 Uk: Connected Ship Market, By Application, 2023–2028 (Usd Million) 134
11.3.6 Russia 135
11.3.6.1 Procurement Of New Naval Warships And Submarines To Drive Growth 135
Table 99 Russia: Connected Ship Market, By Installation, 2019–2022 (Usd Million) 135
Table 100 Russia: Connected Ship Market, By Installation, 2023–2028 (Usd Million) 135
Table 101 Russia: Connected Ship Market, By Fit, 2019–2022 (Usd Million) 135
Table 102 Russia: Connected Ship Market, By Fit, 2023–2028 (Usd Million) 136
Table 103 Russia: Connected Ship Market, By Application, 2019–2022 (Usd Million) 136
Table 104 Russia: Connected Ship Market, By Application, 2023–2028 (Usd Million) 136
11.3.7 France 136
11.3.7.1 High Demand For Advanced Autonomous Systems To Drive Growth 136
Table 105 France: Connected Ship Market, By Installation, 2019–2022 (Usd Million) 137
Table 106 France: Connected Ship Market, By Installation, 2023–2028 (Usd Million) 137
Table 107 France: Connected Ship Market, By Fit, 2019–2022 (Usd Million) 137
Table 108 France: Connected Ship Market, By Fit, 2023–2028 (Usd Million) 137
Table 109 France: Connected Ship Market, By Application, 2019–2022 (Usd Million) 138
Table 110 France: Connected Ship Market, By Application, 2023–2028 (Usd Million) 138
11.3.8 Rest Of Europe 138
Table 111 Rest Of Europe: Connected Ship Market, By Installation, 2019–2022 (Usd Million) 138
Table 112 Rest Of Europe: Connected Ship Market, By Installation, 2023–2028 (Usd Million) 139
Table 113 Rest Of Europe: Connected Ship Market, By Fit, 2019–2022 (Usd Million) 139
Table 114 Rest Of Europe: Connected Ship Market, By Fit, 2023–2028 (Usd Million) 139
Table 115 Rest Of Europe: Connected Ship Market, By Application, 2019–2022 (Usd Million) 139
Table 116 Rest Of Europe: Connected Ship Market, By Application, 2023–2028 (Usd Million) 140
11.4 Asia Pacific 140
11.4.1 Pestle Analysis 140
11.4.2 Recession Impact Analysis 141
Figure 43 Asia Pacific: Naval Budget Trend, By Country, 2019–2022 141
Table 117 Asia Pacific: Recession Impact Analysis 142
Figure 44 Asia Pacific: Connected Ship Market Snapshot 143
Table 118 Asia Pacific: Connected Ship Market, By Fit, 2019–2022 (Usd Million) 143
Table 119 Asia Pacific: Connected Ship Market, By Fit, 2023–2028 (Usd Million) 144
Table 120 Asia Pacific: Connected Ship Market, By Application, 2019–2022 (Usd Million) 144
Table 121 Asia Pacific: Connected Ship Market, By Application, 2023–2028 (Usd Million) 144
Table 122 Asia Pacific: Connected Ship Market, By Installation, 2019–2022 (Usd Million) 144
Table 123 Asia Pacific: Connected Ship Market, By Installation, 2023–2028 (Usd Million) 145
Table 124 Asia Pacific: Connected Ship Market, By Onboard System, 2019–2022 (Usd Million) 145
Table 125 Asia Pacific: Connected Ship Market, By Onboard System, 2023–2028 (Usd Million) 145
Table 126 Asia Pacific: Connected Ship Market, By Country, 2019–2022 (Usd Million) 146
Table 127 Asia Pacific: Connected Ship Market, By Country, 2023–2028 (Usd Million) 146
11.4.3 China 146
11.4.3.1 Expanding Domestic Ship Production To Drive Growth 146
Table 128 China: Connected Ship Market, By Installation, 2019–2022 (Usd Million) 146
Table 129 China: Connected Ship Market, By Installation, 2023–2028 (Usd Million) 147
Table 130 China: Connected Ship Market, By Fit, 2019–2022 (Usd Million) 147
Table 131 China: Connected Ship Market, By Fit, 2023–2028 (Usd Million) 147
Table 132 China: Connected Ship Market, By Application, 2019–2022 (Usd Million) 147
Table 133 China: Connected Ship Market, By Application, 2023–2028 (Usd Million) 148
11.4.4 South Korea 148
11.4.4.1 Increasing Adoption Of Connected Ship Systems By Domestic Shipbuilders To Drive Growth 148
Table 134 South Korea: Connected Ship Market, By Installation, 2019–2022 (Usd Million) 148
Table 135 South Korea: Connected Ship Market, By Installation, 2023–2028 (Usd Million) 148
Table 136 South Korea: Connected Ship Market, By Fit, 2019–2022 (Usd Million) 149
Table 137 South Korea: Connected Ship Market, By Fit, 2023–2028 (Usd Million) 149
Table 138 South Korea: Connected Ship Market, By Application, 2019–2022 (Usd Million) 149
Table 139 South Korea: Connected Ship Market, By Application, 2023–2028 (Usd Million) 149
11.4.5 Japan 150
11.4.5.1 Government Investments In Maritime Industry To Drive Growth 150
Table 140 Japan: Connected Ship Market, By Installation, 2019–2022 (Usd Million) 150
Table 141 Japan: Connected Ship Market, By Installation, 2023–2028 (Usd Million) 150
Table 142 Japan: Connected Ship Market, By Fit, 2019–2022 (Usd Million) 150
Table 143 Japan: Connected Ship Market, By Fit, 2023–2028 (Usd Million) 151
Table 144 Japan: Connected Ship Market, By Application, 2019–2022 (Usd Million) 151
Table 145 Japan: Connected Ship Market, By Application, 2023–2028 (Usd Million) 151
11.4.6 India 151
11.4.6.1 Rapid Development Of Naval Ship Components To Drive Growth 151
Table 146 India: Connected Ship Market, By Installation, 2019–2022 (Usd Million) 152
Table 147 India: Connected Ship Market, By Installation, 2023–2028 (Usd Million) 152
Table 148 India: Connected Ship Market, By Fit, 2019–2022 (Usd Million) 152
Table 149 India: Connected Ship Market, By Fit, 2023–2028 (Usd Million) 152
Table 150 India: Connected Ship Market, By Application, 2019–2022 (Usd Million) 153
Table 151 India: Connected Ship Market, By Application, 2023–2028 (Usd Million) 153
11.4.7 Australia 153
11.4.7.1 Rising Demand For Maritime Safety To Drive Growth 153
Table 152 Australia: Connected Ship Market, By Installation, 2019–2022 (Usd Million) 153
Table 153 Australia: Connected Ship Market, By Installation, 2023–2028 (Usd Million) 154
Table 154 Australia: Connected Ship Market, By Fit, 2019–2022 (Usd Million) 154
Table 155 Australia: Connected Ship Market, By Fit, 2023–2028 (Usd Million) 154
Table 156 Australia: Connected Ship Market, By Application, 2019–2022 (Usd Million) 154
Table 157 Australia: Connected Ship Market, By Application, 2023–2028 (Usd Million) 155
11.4.8 Rest Of Asia Pacific 155
Table 158 Rest Of Asia Pacific: Connected Ship Market, By Installation, 2019–2022 (Usd Million) 155
Table 159 Rest Of Asia Pacific: Connected Ship Market, By Installation, 2023–2028 (Usd Million) 155
Table 160 Rest Of Asia Pacific: Connected Ship Market, By Fit, 2019–2022 (Usd Million) 155
Table 161 Rest Of Asia Pacific: Connected Ship Market, By Fit, 2023–2028 (Usd Million) 156
Table 162 Rest Of Asia Pacific: Connected Ship Market, By Application, 2019–2022 (Usd Million) 156
Table 163 Rest Of Asia Pacific: Connected Ship Market, By Application, 2023–2028 (Usd Million) 156
11.5 Rest Of The World 157
11.5.1 Pestle Analysis 157
11.5.2 Recession Impact Analysis 158
Figure 45 Rest Of The World: Naval Budget Trend, By Country, 2019–2022 158
Table 164 Rest Of The World: Recession Impact Analysis 158
Figure 46 Rest Of The World: Connected Ship Market Snapshot 159
Table 165 Rest Of The World: Connected Ship Market, By Fit, 2019–2022 (Usd Million) 160
Table 166 Rest Of The World: Connected Ship Market, By Fit, 2023–2028 (Usd Million) 160
Table 167 Rest Of The World: Connected Ship Market, By Application, 2019–2022 (Usd Million) 160
Table 168 Rest Of The World: Connected Ship Market, By Application, 2023–2028 (Usd Million) 160
Table 169 Rest Of The World: Connected Ship Market, By Installation, 2019–2022 (Usd Million) 161
Table 170 Rest Of The World: Connected Ship Market, By Installation, 2023–2028 (Usd Million) 161
Table 171 Rest Of The World: Connected Ship Market, By Onboard System, 2019–2022 (Usd Million) 161
Table 172 Rest Of The World: Connected Ship Market, By Onboard System, 2023–2028 (Usd Million) 162
Table 173 Rest Of The World: Connected Ship Market, By Region, 2019–2022 (Usd Million) 162
Table 174 Rest Of The World: Connected Ship Market, By Region, 2023–2028 (Usd Million) 162
11.5.3 Middle East & Africa 162
11.5.3.1 National Shipbuilding Companies To Drive Growth 162
Table 175 Middle East & Africa: Connected Ship Market, By Installation, 2019–2022 (Usd Million) 163
Table 176 Middle East & Africa: Connected Ship Market, By Installation, 2023–2028 (Usd Million) 163
Table 177 Middle East & Africa: Connected Ship Market, By Fit, 2019–2022 (Usd Million) 163
Table 178 Middle East & Africa: Connected Ship Market, By Fit, 2023–2028 (Usd Million) 163
Table 179 Middle East & Africa: Connected Ship Market, By Application, 2019–2022 (Usd Million) 164
Table 180 Middle East & Africa: Connected Ship Market, By Application, 2023–2028 (Usd Million) 164
11.5.4 Latin America 164
11.5.4.1 Development Of Smart Ports To Drive Growth 164
Table 181 Latin America: Connected Ship Market, By Installation, 2019–2022 (Usd Million) 164
Table 182 Latin America: Connected Ship Market, By Installation, 2023–2028 (Usd Million) 165
Table 183 Latin America: Connected Ship Market, By Fit, 2019–2022 (Usd Million) 165
Table 184 Latin America: Connected Ship Market, By Fit, 2023–2028 (Usd Million) 165
Table 185 Latin America: Connected Ship Market, By Application, 2019–2022 (Usd Million) 165
Table 186 Latin America: Connected Ship Market, By Application, 2023–2028 (Usd Million) 166

12 Competitive Landscape 167
12.1 Introduction 167
12.2 Market Share Analysis, 2022 167
Table 187 Connected Ship Market: Degree Of Competition 168
Figure 47 Market Share Of Key Players, 2022 168
12.3 Ranking Analysis, 2022 169
Figure 48 Market Ranking Of Key Players, 2022 169
12.4 Revenue Analysis, 2022 170
12.5 Strategies Adopted By Key Players 171
Table 188 Strategies Adopted By Key Players In Connected Ship Market, 2019–2023 171
12.6 Company Evaluation Matrix 172
12.6.1 Stars 172
12.6.2 Emerging Leaders 172
12.6.3 Pervasive Players 172
12.6.4 Participants 172
Figure 49 Company Evaluation Matrix, 2022 173
12.7 Competitive Benchmarking 174
Table 189 Solution Footprint 174
Table 190 Region Footprint 175
12.8 Start-Up/Sme Evaluation Matrix 176
12.8.1 Progressive Companies 176
12.8.2 Responsive Companies 176
12.8.3 Starting Blocks 176
12.8.4 Dynamic Companies 176
Table 191 Key Start-Ups/Smes 176
Figure 50 Start-Up/Sme Evaluation Matrix, 2022 177
12.9 Competitive Scenario 177
12.9.1 Market Evaluation Framework 177
12.9.2 Product Launches 178
Table 192 Product Launches, 2019–2023 178
12.9.3 Deals 182
Table 193 Deals, 2019–2023 182

13 Company Profiles 186
(Business Overview, Products/Solutions/Services Offered, Recent Developments, Mnm View)*
13.1 Key Players 186
Figure 51 Snapshot Of Key Market Participants 186
13.1.1 Abb 187
Table 194 Abb: Company Overview 187
Figure 52 Abb: Company Snapshot 188
Table 195 Abb: Products/Solutions/Services Offered 188
Table 196 Abb: Product Launches 189
Table 197 Abb: Deals 189
13.1.2 Emerson Electric Co. 191
Table 198 Emerson Electric Co.: Company Overview 191
Figure 53 Emerson Electric Co.: Company Snapshot 191
Table 199 Emerson Electric Co.: Products/Solutions/Services Offered 192
Table 200 Emerson Electric Co.: Product Launches 192
Table 201 Emerson Electric Co.: Deals 192
13.1.3 Kongsberg Gruppen Asa 194
Table 202 Kongsberg Gruppen Asa : Company Overview 194
Figure 54 Kongsberg Gruppen Asa: Company Snapshot 195
Table 203 Kongsberg Gruppen Asa: Products/Solutions/Services Offered 195
Table 204 Kongsberg Gruppen Asa: Product Launches 196
Table 205 Kongsberg Gruppen Asa: Deals 196
13.1.4 Wartsila 197
Table 206 Wartsila: Company Overview 197
Figure 55 Wartsila: Company Snapshot 197
Table 207 Wartsila: Products/Solutions/Services Offered 198
Table 208 Wartsila: Product Launches 198
Table 209 Wartsila: Deals 198
13.1.5 Thales Group 200
Table 210 Thales Group: Company Overview 200
Figure 56 Thales Group: Company Snapshot 201
Table 211 Thales Group: Products/Solutions/Services Offered 201
Table 212 Thales Group: Product Launches 202
Table 213 Thales Group: Deals 202
13.1.6 General Electric 204
Table 214 General Electric: Company Overview 204
Figure 57 General Electric: Company Snapshot 204
Table 215 General Electric: Products/Solutions/Services Offered 205
Table 216 General Electric: Product Launches 205
Table 217 General Electric: Deals 205
13.1.7 Northrop Grumman Corporation 206
Table 218 Northrop Grumman Corporation: Company Overview 206
Figure 58 Northrop Grumman Corporation: Company Snapshot 207
Table 219 Northrop Grumman Corporation: Products/Solutions/Services Offered 207
Table 220 Northrop Grumman Corporation: Product Launches 208
Table 221 Northrop Grumman Corporation: Deals 208
13.1.8 L3harris Technologies, Inc. 209
Table 222 L3harris Technologies, Inc.: Company Overview 209
Figure 59 L3harris Technologies, Inc.: Company Snapshot 209
Table 223 L3harris Technologies, Inc.: Products/Solutions/Services Offered 210
Table 224 L3harris Technologies, Inc.: Product Launches 210
Table 225 L3harris Technologies, Inc.: Deals 210
13.1.9 Hyundai Heavy Industries 211
Table 226 Hyundai Heavy Industries: Company Overview 211
Figure 60 Hyundai Heavy Industries: Company Snapshot 211
Table 227 Hyundai Heavy Industries: Products/Solutions/Services Offered 212
Table 228 Hyundai Heavy Industries: Product Launches 212
Table 229 Hyundai Heavy Industries: Deals 212
13.1.10 Jason Marine Group 213
Table 230 Jason Marine Group: Company Overview 213
Figure 61 Jason Marine Group: Company Snapshot 213
Table 231 Jason Marine Group: Products/Solutions/Services Offered 214
13.1.11 Marlink 215
Table 232 Marlink: Company Overview 215
Table 233 Marlink: Products/Solutions/Services Offered 215
Table 234 Marlink: Product Launches 215
Table 235 Marlink: Deals 216
13.1.12 Rh Marine 217
Table 236 Rh Marine: Company Overview 217
Table 237 Rh Marine: Products/Solutions/Services Offered 217
Table 238 Rh Marine: Product Launches 218
Table 239 Rh Marine: Deals 218
13.1.13 Rockwell Automation 219
Table 240 Rockwell Automation: Company Overview 219
Figure 62 Rockwell Automation: Company Snapshot 219
Table 241 Rockwell Automation: Products/Solutions/Services Offered 220
Table 242 Rockwell Automation: Product Launches 220
13.1.14 Schneider Electric 221
Table 243 Schneider Electric: Company Overview 221
Figure 63 Schneider Electric: Company Snapshot 221
Table 244 Schneider Electric: Products/Solutions/Services Offered 222
Table 245 Schneider Electric: Product Launches 222
Table 246 Schneider Electric: Deals 222
13.1.15 Siemens 223
Table 247 Siemens: Company Overview 223
Figure 64 Siemens: Company Snapshot 223
Table 248 Siemens: Products/Solutions/Services Offered 224
Table 249 Siemens: Product Launches 224
Table 250 Siemens: Deals 224
13.1.16 Ulstein 225
Table 251 Ulstein: Company Overview 225
Table 252 Ulstein: Products/Solutions/Services Offered 225
Table 253 Ulstein: Product Launches 226
Table 254 Ulstein: Deals 226
13.1.17 Valmet 227
Table 255 Valmet: Company Overview 227
Figure 65 Valmet: Company Snapshot 227
Table 256 Valmet: Products/Solutions/Services Offered 228
Table 257 Valmet: Product Launches 228
Table 258 Valmet: Deals 228
13.1.18 Saab Ab 229
Table 259 Saab Ab: Company Overview 229
Figure 66 Saab Ab: Company Snapshot 229
Table 260 Saab Ab: Products/Solutions/Services Offered 230
Table 261 Saab Ab: Product Launches 230
Table 262 Saab Ab: Deals 230
13.1.19 St Engineering 231
Table 263 St Engineering: Company Overview 231
Figure 67 St Engineering: Company Snapshot 231
Table 264 St Engineering: Products/Solutions/Services Offered 232
Table 265 St Engineering: Product Launches 232
Table 266 St Engineering: Deals 232
13.1.20 Huntington Ingalls Industries 233
Table 267 Huntington Ingalls Industries: Company Overview 233
Figure 68 Huntington Ingalls Industries: Company Snapshot 234
Table 268 Huntington Ingalls Industries: Products/Solutions/Services Offered 234
Table 269 Huntington Ingalls Industries: Product Launches 235
Table 270 Huntington Ingalls Industries: Deals 235
13.1.21 Hanwha Systems 236
Table 271 Hanwha Systems: Company Overview 236
Figure 69 Hanwha Systems: Company Snapshot 236
Table 272 Hanwha Systems: Products/Solutions/Services Offered 237
Table 273 Hanwha Systems: Product Launches 237
Table 274 Hanwha Systems: Deals 237
13.1.22 Furuno Electric Co. Ltd. 238
Table 275 Furuno Electric Co. Ltd.: Company Overview 238
Figure 70 Furuno Electric Co. Ltd.: Company Snapshot 238
Table 276 Furuno Electric Co. Ltd.: Products/Solutions/Services Offered 239
Table 277 Furuno Electric Co. Ltd.: Product Launches 239
Table 278 Furuno Electric Co. Ltd.: Deals 239
13.1.23 Rolls Royce Plc 240
Table 279 Rolls Royce Plc: Company Overview 240
Figure 71 Rolls Royce Plc: Company Snapshot 240
Table 280 Rolls Royce Plc: Products/Solutions/Services Offered 241
Table 281 Rolls Royce Plc: Product Launches 241
Table 282 Rolls Royce Plc: Deals 241
13.1.24 Garmin International 242
Table 283 Garmin International: Company Overview 242
Figure 72 Garmin International: Company Snapshot 242
Table 284 Garmin International: Products/Solutions/Services Offered 243
Table 285 Garmin International: Product Launches 243
Table 286 Garmin International: Deals 243
13.2 Other Players 244
13.2.1 Iridium 244
13.2.2 Inmarsat 244
13.2.3 Intelsat 245
*Details On Business Overview, Products/Solutions/Services Offered, Recent Developments, Mnm View Might Not Be Captured In Case Of Unlisted Companies.

14 Appendix 246
14.1 Introduction 246
14.2 Discussion Guide 246
14.3 Knowledgestore: Marketsandmarkets’ Subscription Portal 250
14.4 Customization Options 252
14.5 Related Reports 252
14.6 Author Details 253

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