Global Connected Ship
Market Report
2024
The global Connected Ship market size is USD 17.1 billion in 2024. The Connected Ship market will show the strongest growth with compound annual growth rate (CAGR) of 7.5% from 2024 to 2031. This growth can be attributed to increasing dependence on automated technology.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Connected Ship market size will be USD 17.1 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Connected Ship Market Sales Revenue 2024 | $ 17.1 Billion |
Global Connected Ship Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.5% |
Market Split by Application |
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Market Split by Installation |
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Market Split by Platform |
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Market Split by Fit |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Connected Ship industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Connected Ship Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Connected Ships, also referred to as bright or electronic ports, are changing the game for the marine sector. For better operational performance, safety, efficiency, and sustainability, these ports use cutting-edge tech, data analytics, and AI. With the use of real-time data and a network of interconnected technology, Connected Ships are able to streamline logistics, cargo handling, and stakeholder communication. Several reasons are expected to propel the Connected Ship industry to a substantial expansion in the future years. Rising interest in supply chain visibility and real-time data is the main force propelling its expansion. Global government initiatives that encourage and include all stakeholders will drive Connected Ship market growth. Governments are pushing for the development of digital infrastructure in the port industry by promoting the use of technologies like big data, AI, and IoT. Since there are more government initiatives, the Connected Ship market is growing.
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In May 2023, ABB:- ABB is developing a revolutionary propulsion system concept to increase ship efficiency. It will be the first electric propulsion system in the industry for ABB. These will give ultimate efficiency and new vessel design. The company estimates the prototype of these product will be available in 2025. (Source: https://new.abb.com/news/detail/103602/abb-unveils-revolutionary-propulsion-concept-to-significantly-increase-ship-efficiency)
Top Companies Market Share in Connected Ship Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
Global Connected Ship Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Connected Ship Industry growth. Connected Ship market has been segmented with the help of its Application, Installation Platform, and others. Connected Ship market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Connected Ship market.
Application of Connected Ship analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Connected Ship Industry. Request a Free Sample PDF!
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Connected Ship from 2019 to 2031. This will also help to analyze the demand for Connected Ship across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Installation of Connected Ship are:
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Connected Ship market report 2024 Edition by contacting our team.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. Technological developments, robust marine infrastructure, and large investments in IoT and smart shipping solutions, mainly in the US and Canada—that promote efficiency, safety, and fleet management capabilities are the main factors driving the North American connected ship industry.
Asia-Pacific stands out as the fastest-growing region in the Connected Ship market due to the rising marine trade, government policies that are supportive of the industry, and technological improvements; the Asia Pacific connected ship market is growing quickly. China, Japan, and South Korea are crucial players in this space, with an emphasis on IoT integration and smart shipping solutions for increased operational efficiency.
The current report Scope analyzes Connected Ship Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Research Analyst at Cognitive Market Research
I am a research analyst working in the Transport & Logistics domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
I am committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that my skills remain sharp and relevant. I spearheaded research initiatives focused on market trends, customer behavior, and competitive landscapes. I have a demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams, I played a pivotal role in shaping successful projects that hinged on robust research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Connected Ship Market is witnessing significant growth in the near future.
In 2023, the Vessel Traffic Management segment accounted for noticeable share of global Connected Ship Market and is projected to experience significant growth in the near future.
The Onboard segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies ABB (Switzerland) , Kongsberg Gruppen ASA (Norway) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Table of Content differs accordign to the user License selction. Current Displayed TOC is for the Corporate User License Report Edition. TOC Customization options: Add or Remove section's Or chapter's from the report. Specific section's of report can be ordered at a discounted price. If applicable; On Request Volume Data will also be provided (at an Additional Cost).
Application | Vessel Traffic Management, Fleet Health Monitoring, Fleet Operation, Other Applications |
Installation | Onboard, Onshore |
Platform | Ships, Ports |
Fit | Line fit, Retrofit, Hybrid fit |
List of Competitors | ABB (Switzerland), Emerson Electric Co. (US), Kongsberg Gruppen ASA (Norway), Wartsila (Finland), Thales (France) |
This chapter will help you gain GLOBAL Market Analysis of Connected Ship. Further deep in this chapter, you will be able to review Global Connected Ship Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Chapter 2 North America Market Analysis
Executive Summary North America Market (2019 vs 2024 vs 2031)
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Connected Ship Market Trends North America Connected Ship Technological Road Map North America Connected Ship Market Drivers North America Connected Ship Market Restraints North America Connected Ship Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia-Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Application Analysis 2019 -2031, will provide market size split by Application. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Installation Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Platform Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Fit Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Connected Ship market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Vessel Traffic Management have a significant impact on Connected Ship market? |
What are the key factors affecting the Vessel Traffic Management and Fleet Health Monitoring of Connected Ship Market? |
What is the CAGR/Growth Rate of Onboard during the forecast period? |
By type, which segment accounted for largest share of the global Connected Ship Market? |
Which region is expected to dominate the global Connected Ship Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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