Global Integrated Marine Automation System Market to reach USD 9.5 billion by 2027.Global Integrated Marine Automation System Market is valued approximately at USD 4.9 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 10% over the forecast period 2021-2027. The marine automation system is a distributed monitoring and control system. Several factors, including level, pressure, speed, couple control, temperature, vessel position, flow control and many more, have to be managed and monitored throughout ship operation. This system has a flexible design which makes it suitable for a variety of offshore task applications. In addition, support systems to enhance the overall safety of vessels, save space, increase operational effectiveness and reduce training costs. An integrated marine autonomous control and monitoring system comprises a ship. It helps optimize engines for ships, propulsions, steering systems, thrusters, ballasts and other systems. Increase in software development and growing IoT adoption of real time decision making drive the market growth in upcoming years. In ships, software plays a key role. It ensures smooth ship operations, timely ship health monitoring and excellent control of ship traffic. In September 2020, Windward (UK) introduced MAIA 4.0, a programme which can scan, search and analyses marine dynamics to connect data and detect potential risks. Maritime Artificial Intelligence Analytics (MAIA). Dynamic, predictive intelligent software is used to connect patterns and profiles on the basis of the identification of a ship, the cargo, locations and travel patterns. The programme was developed to detect abnormalities of movement. Furthermore, The market is also driven by growing seaborne industry. International seaborne trade was at a pace in 2017, with volumes expanding by 4%, the fastest growing in the past five years and continue growing at present, according to the United Nations. Developing economies, like the Asian area, continue to make a significant contribution. However, vulnerability associated with cyber threats, may impede market growth over the forecast period of 2021-2027.

Geographically, Asia Pacific is dominating the integrated marine automation system market owing to rapid economic development over the years and increasing maritime trade. Furthermore, rise in sea trade has subsequently led to an increasing demand for ship to transport manufacturing goods worldwide.





Major market player included in this report are:
Honeywell International Inc
General Electric
Northrop Grumman Corporation
Rolls-Royce Plc
Kongsberg
Rockwell Automation, Inc
Marine Technologies LLC
Mitsui E&S Holdings Co., Ltd
Aselsan A.S.
Samsung Heavy Industries Co., Ltd




The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Autonomy:
Partial Automation
Remotely-operated
Autonomous
By Solution:
Product
Service
By Ship type:
Commercial
Defence
Unmanned
By End User:
OEM
Aftermarket
By System:
Power Management System
Vessel Management System
Process Control System
Safety System

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Integrated Marine Automation System Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors