Connected Ship Market Overview 2020, In-Depth Analysis With Impact Of COVID-19, Types, Opportunities, Revenue and Forecast 2018-2024

Market Research Engine has published a new report titled as “Connected Ship Market Size by Application (Fleet Operations, Fleet Health Monitoring, Vessel Traffic Management), By Ship Type (Defense, Commercial), By Fit (Retrofit, Linefit), By Installation Type (Onshore, Onboard), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2018-2024.”

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The connected ship may be a technology in which vessels are appended and managed by satellite, which offers modernize reporting with data regarding fuel management and operational efficiency. It also delivers connectivity to the company and passengers to stay in contact with their family and friends. Furthermore, it offers access to the web and social media to passengers. Sensors used in this technology are used to prepared the management team on offshore and onshore regarding potential problems. Connected ships also contain data integration that will support to decrease life loss. Presently, in the commercial ship with the aforesaid technology, two types of systems are being used, one for the administration and other for the passengers. Rising requirement of a web connection for maintenance and threat detection in order to expand the functioning and efficiency of ships is a key factor resulting in growing demand for connected ships. Growing the use of information and communications technology in the marine industry is a major factor driving development of the global connected ship market. Additionally, rising digitalization of vessels is another factor fueling development of the target market. Moreover, increasing maritime tourism and sea trade are factors projected to enhancement growth of the global connected ship market in the near future.

The global Connected Ship market is segregated on the basis of Application as Fleet Operations, Fleet Health Monitoring, and Vessel Traffic Management. Based on Ship Type the global Connected Ship market is segmented in Defense and Commercial. Based on Fit the global Connected Ship market is segmented in Retrofit and Linefit.

Based on Installation Type, the global Connected Ship market is segmented in Onshore and Onboard.

The global Connected Ship market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Connected Ship market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Report Scope:

The global Connected Ship market report scope includes detailed study covering underlying factors influencing the industry trends.

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Connected Ship market share. Major industry players with significant revenue share include Schneider Electric, Siemens, Ulstein, Valmet, Wartsila, ABB, Emerson, General Electric, Hyundai Heavy Industries , Jason, and others.

Competitive Rivalry

Schneider Electric, Siemens, Ulstein, Valmet, Wartsila, ABB, Emerson, General Electric, Hyundai Heavy Industries, Jason, and others are among the major players in the global Connected Ship market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Connected Ship Market has been segmented as below:

Connected Ship Market, By Application

  • Fleet Operations
  • Fleet Health Monitoring
  • Vessel Traffic Management

Connected Ship Market, By Ship Type

  • Defense
  • Commercial

Connected Ship Market, By Fit

  • Retrofit
  • Linefit

Connected Ship Market, By Installation Type

  • Onshore
  • Onboard

Connected Ship Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Connected Ship Market, By Company

  • Schneider Electric
  • Siemens
  • Ulstein
  • Valmet
  • Wartsila
  • ABB
  • Emerson
  • General Electric
  • Hyundai Heavy Industries
  • Jason
  • Kongsberg Gruppen
  • Marlink
  • Northrop Grumman
  • RH Marine
  • Rockwell Automation

The report covers:

  • Global Connected Ship market sizes from 2015 to 2024, along with CAGR for 2018-2024
  • Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
  • Global Connected Ship market trends, covering comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Connected Ship market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
  • Comprehensive company profiles of the key industry players

Reasons to Buy this Report:

  • Gain detailed insights on the Connected Ship industry trends
  • Find complete analysis on the market status
  • Identify the Connected Ship market opportunities and growth segments
  • Analyse competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

Some of the recent Developments in Connected Ship market are as follows:

Rockwell Automation

  • 05-2020: Rockwell Automation, Inc., a global leader in industrial automation and digital transformation, has completed the acquisition of Kalypso, LP. Based in the US, Kalypso is a software delivery and consulting firm specializing in the digital evolution of industrial companies with a strong client base in life sciences, consumer products and industrial high-tech.
  • 02-2020: Rockwell Automation, Inc. has announced it has signed an agreement to acquire Italy-based ASEM, S.p.A., a leading provider of digital automation technologies.


  • 06-2020: Emerson announced two new compressed air dryers designed to significantly extend maintenance intervals, minimize downtime and reduce energy costs in rail applications, including brakes and door control. Typically, air dryers have an average service interval of less than two years.
  • 06-2020: Emerson has announced augmented reality (AR) technology to its Plantwe Optics asset performance platform, delivering enhanced access to real-time diagnostics and analytics, as well as live remote assistance, to industrial plant workers responsible for maintaining and optimizing plant equipment.


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Table of Contents:

  1. Introduction
    1.1 Key Insights
    1.2 Report Overview
    1.3 Markets Covered
    1.4 Stakeholders
    2. Research Methodology
    2.1 Research Scope
    2.2 Market Research Process
    2.3 Research Data Analysis
    2.4.1 Secondary Research
    2.4.2 Primary Research
    2.4.3 Models for Estimation
    2.5 Market Size Estimation
    2.5.1 Bottom-Up Approach – Segmental Market Analysis
    2.5.2 Top-Down Approach – Parent Market Analysis
    3. Executive Summary
    4. Market Overview
    4.1 Introduction
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Challenges
    4.2 Porter’s Five Force Analysis
    5. Connected Ship Market, By Application
    5.1 Introduction
    5.2 Fleet Operations
    5.2.1 Market Overview
    5.2.2 Market Size and Forecast
    5.3 Fleet Health Monitoring
    5.3.1 Market Overview
    5.3.2 Market Size and Forecast
    5.4 Vessel Traffic Management
    5.4.1 Market Overview
    5.4.2 Market Size and Forecast
    6. Connected Ship Market, By Ship Type
    6.1 Introduction
    6.2 Defense
    6.2.1 Market Overview
    6.2.2 Market Size and Forecast
    6.3 Commercial
    6.3.1 Market Overview
    6.3.2 Market Size and Forecast
    7. Connected Ship Market, By Fit
    7.1 Introduction
    7.2 Retrofit
    7.2.1 Market Overview
    7.2.2 Market Size and Forecast
    7.3 Linefit
    7.3.1 Market Overview
    7.3.2 Market Size and Forecast
    8. Connected Ship Market, By Installation Type
    8.1 Introduction
    8.2 Onshore
    8.2.1 Market Overview
    8.2.2 Market Size and Forecast
    8.3 Onboard
    8.3.1 Market Overview
    8.3.2 Market Size and Forecast
    9. Connected Ship Market, By Geography
    9.1 Introduction
    9.2 North America
    9.2.1 North America Connected Ship, By Application
    9.2.2 North America Connected Ship, By Ship Type
    9.2.3 North America Connected Ship, By Fit
    9.2.4 North America Connected Ship, By Installation Type
    9.3 Europe
    9.3.1 Europe Connected Ship, By Application
    9.3.2 Europe Connected Ship, By Ship Type
    9.3.3 Europe Connected Ship, By Fit
    9.3.4 Europe Connected Ship, By Installation Type
    9.4 Asia-Pacific
    9.4.1 Asia-Pacific Connected Ship, By Application
    9.4.2 Asia-Pacific Connected Ship, By Ship Type
    9.4.3 Asia-Pacific Connected Ship, By Fit
    9.4.4 Asia-Pacific Connected Ship, By Installation Type
    9.5 Rest of the World
    9.5.1 Rest of the World Connected Ship, By Application
    9.5.2 Rest of the World Connected Ship, By Ship Type
    9.5.3 Rest of the World Connected Ship, By Fit
    9.5.4 Rest of the World Connected Ship, By Installation Type
    10. Competitive Insights
    10.1 Key Insights
    10.2 Company Market Share Analysis
    10.3 Strategic Outlook
    10.3.1 Mergers & Acquisitions
    10.3.2 New Product Development
    10.3.3 Portfolio/Production Capacity Expansions
    10.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
    10.3.5 Others
    11. Company Profiles
    11.1 Schneider Electric
    11.1.1 Company Overview
    11.1.2 Product/Service Landscape
    11.1.3 Financial Overview
    11.1.4 Recent Developments
    11.2 Siemens
    11.2.1 Company Overview
    11.2.2 Product/Service Landscape
    11.2.3 Financial Overview
    11.2.4 Recent Developments
    11.3 Ulstein
    11.3.1 Company Overview
    11.3.2 Product/Service Landscape
    11.3.3 Financial Overview
    11.3.4 Recent Developments
    11.4 Valmet
    11.4.1 Company Overview
    11.4.2 Product/Service Landscape
    11.4.3 Financial Overview
    11.4.4 Recent Developments
    11.5 Wartsila
    11.5.1 Company Overview
    11.5.2 Product/Service Landscape
    11.5.3 Financial Overview
    11.5.4 Recent Developments
    11.6 ABB
    11.6.1 Company Overview
    11.6.2 Product/Service Landscape
    11.6.3 Financial Overview
    11.6.4 Recent Developments
    11.7 Emerson
    11.7.1 Company Overview
    11.7.2 Product/Service Landscape
    11.7.3 Financial Overview
    11.7.4 Recent Developments
    11.8 General Electric
    11.8.1 Company Overview
    11.8.2 Product/Service Landscape
    11.8.3 Financial Overview
    11.8.4 Recent Developments
    11.9 Hyundai Heavy Industries
    11.9.1 Company Overview
    11.9.2 Product/Service Landscape
    11.9.3 Financial Overview
    11.9.4 Recent Developments
    11.10 Jason
    11.10.1 Company Overview
    11.10.2 Product/Service Landscape
    11.10.3 Financial Overview
    11.10.4 Recent Developments
    11.11 Kongsberg Gruppen
    11.11.1 Company Overview
    11.11.2 Product/Service Landscape
    11.11.3 Financial Overview
    11.11.4 Recent Developments
    11.12 Marlink
    11.12.1 Company Overview
    11.12.2 Product/Service Landscape
    11.12.3 Financial Overview
    11.12.4 Recent Developments
    11.13 Northrop Grumman
    11.13.1 Company Overview
    11.13.2 Product/Service Landscape
    11.13.3 Financial Overview
    11.13.4 Recent Developments
    11.14 RH Marine
    11.14.1 Company Overview
    11.14.2 Product/Service Landscape
    11.14.3 Financial Overview
    11.14.4 Recent Developments
    11.15 Rockwell Automation
    11.15.1 Company Overview
    11.15.2 Product/Service Landscape
    11.15.3 Financial Overview
    11.15.4 Recent Developments


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