The Marine Automation Systems Emerging Market Analysis Report delivers current market analysis plus a five-year market and technology forecast. The total revenue reported for this analysis of the marine automation systems market consists of hardware, software, and services. The report also includes an analysis of marine automation systems by type. Another key topic is the applications by vessel type. The report emphasizes the impact of digitalization, conventional automation technology, and new technologies (IoT, AI, 5G and Digital Twins) on smart ship and maritime autonomy solutions.
Digitalization and Automation Accelerate the Transforming Maritime Industry to Achieve Highly Automated Operations for Smarter Ship
Digitalization and automation are now reshaping the maritime industry, and technological concepts are becoming reality from hype. Marine automation systems typically include conventional process control systems, safety systems, vessel management systems, power manager systems, propulsion control systems, dynamic positioning, and other monitoring or control systems. However, more applications like propulsion systems are being integrated into a universal automation system. Marine automation systems have become the most important platform to bridge the gap between or integrate all systems as the backbone of information technology (IT) and operational technology (OT) coverage. As the frontline level of digital vessels or connected ships, automation systems are transforming the industry to achieve highly automated operations for new ships or aged vessel repairs and modernization.
Marine Automation Systems Market Strategic Issues
In addition to providing a five-year market forecast, the Marine Automation Systems Market Research Report provides detailed quantitative current market data and addresses key strategic issues as follows.
Strategic Issues for Users
- Vessel Digitalization and Automation: Digitalization and automation are reshaping the maritime industry. However, a clear goal to transform business across the maritime value chain should be defined first. There are so many technologies like Industrial IoT and AI application combined with smart manufacturing that vessel owners, shipbuilders, and the third-party design companies should consider and choose the most suitable technologies to achieve the goal of digitalization and automation.
- Latest Technology on Automation: Look for companies that offer mature, secure, and technologically advanced automation systems. Products should bring new standards that offer flexibility and scalability. Automation should be made easy by having universal digital platforms that act as an effective tool for any system integrator working with marine automation.
- Collaboration with Automation Supplier: As many ship owners downsized during the worldwide recession or shipping industry consolidation, many lost expertise from their offshore automation groups. In many cases, ship owners have supplanted this expertise cost-effectively using the services of knowledgeable automation suppliers with expertise in maintaining and engineering automation systems. ARC has seen the automation suppliers’ service content increase, and this trend will continue over the forecast period, post pandemic. A good example is that remote diagnostic services of offshore automation systems have increased significantly during COVID-19 pandemic.
Strategic Issues for Suppliers
- IoT Solutions: Around 80 percent of the world’s cargo is shipped by sea. In an ecosystem this widespread, utmost efficiency is needed. Even now, crucial vessel location, cargo ID, maintenance, and port availability data are still being transmitted point-to-point. An industry that is the lifeblood of the global economy could certainly use additional modernization and digitalization. An entire ecosystem could benefit from extending IoT from land out to sea. Logistics assets and stakeholders throughout the supply chain can be connected to ensure each delivery is as efficient as possible, essentially transforming the marine transport industry.
- Automation Solutions During COVID-19 Outbreak : A highly automated system and digital solution can help cruise ships decrease the on-board crews. ARC observed that remote services gained traction during the COVID-19 outbreak this year. ARC also recommends that suppliers offer Industrial IoT platform and cloud-based solutions with automation systems to support less onboard crews.
- Importance of Electro-mechanical Machinery: The future of maritime lies in the automation of mechanical machinery with electrical solutions. Marine engineers are looking forward to changing the way they apply their engineering on mechanical objects with automation solutions that can be electrically operated. Suppliers should keep in mind during research and development that their products should be designed electro-mechanically to make life of the operators easier.
Marine Automation Study Formats and Editions Available
This market study may be purchased as a concise, executive-level Market Analysis Report (PDF).
|MIRA Workbook||Market Analysis PDF|
|Worldwide (includes regional data)||No||Yes|
Worldwide Research Focus Areas
- Major Market Trends
- Strategies for Buyers
- Strategies for Product Suppliers
Scope of Research
Market Size and Forecast Analysis
- Total Marine Automation Systems Business
- Marine Automation Systems Revenue by Region
- North America
- Europe, Middle East, Africa
- Latin America
- Marine Automation Systems Revenue by Product Segmentation
- Marine Automation Systems Revenue by Automation System Type
- Specialty Automation System
- Process Safety Systems
- Other Automation Systems
- Marine Automation Systems Revenue by Vessel Type
- Cargo Vessels
- Cruise/Passenger Ships
- Offshore Support Vessels
- Other Vessels
- Emerging Market Trends
- Factors Contributing to Growth
- Factors Inhibiting Growth
The research identifies all relevant suppliers serving this market.