Integrated Marine Automation System Market Forecasts to 2028 | Drivers and Opportunities | Northrop Grumman Corporation, Siemens AG, Kongsberg Gruppen ASA

According to Stratistics MRC, the Global Integrated Marine Automation System Market is accounted for $4.90 billion in 2020 and is expected to reach $12.13 billion by 2028 growing at a CAGR of 12.0% during the forecast period. Growing demand for seaborne world trade, growth in maritime tourism and rising compliance focus towards maritime safety norms are driving the market growth. However, the shortage of qualified specialists in the marine industry and digitalization making ships vulnerable to cyber threats are hampering the growth of the market.

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By geography, Asia Pacific is going to have high growth during the forecast period as the Asia Pacific has witnessed rapid economic development over the years, increasing maritime trade. The increase in the sea trade has eventually led to an increasing demand for ships to transport manufactured goods worldwide. Thus, the rising number of ships has increased the demand for integrated marine automation systems in this region.

Some of the key players profiled in the Integrated Marine Automation System Market include Northrop Grumman Corporation, Siemens AG, Kongsberg Gruppen ASA, Thales Group, Wartsila, Honeywell International Inc, Praxis Automation Technology, Marine Technologies LLC, API Marine ApS, Rolls-Royce PLC, Hyundai Heavy Industries, Tokyo Keiki Inc, ABB Ltd., Consilium AB and Rockwell Automation.

Components Covered:
• Products
• Services

Autonomies Covered:
• Autonomous
• Remotely-Operated
• Partial Automation   

Ship Types Covered:
• Commercial Ships
• Defense
• Unmanned
• Automotive
• Aviation  

Systems Covered:
• Power Management System
• Vessel Management System
• Process Control
• Safety System
• Tanks Sounding System
• Fuel Control System
• Controlling All Valves
• Electrical Energy Flow and Distribution Control
• Protocol Communication

Sales Channels Covered:
• Aftermarket
• Original Equipment Manufacturer (OEM)

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

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