Marine Engine Monitoring System Market
Marine Engine Monitoring System Market By Engine Propulsion Type (Diesel Propulsion, Wind Propulsion, Gas Turbine Propulsion, Diesel Electric Propulsion, Gas Fuel Propulsion), By Deployment Type On-Site Monitoring, Remote Monitoring) & By End-Use- Global Market Insights 2018 To 2028
Analysis of Marine Engine Monitoring System Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Marine Engine Monitoring System Market: Introduction
The marine engine monitoring system is used to increase operational safety and to avoid loss of propulsion in the marine environment. The maintenance should be cautiously planned and it should match the sailing program. The advancements in data acquisition and remote monitoring solutions has positively enhanced the deployment of marine engine monitoring system.
Sensors play a vital role in the installation of marine engine monitoring system and the growth in wireless sensors associated with growth in communication solutions has enhanced the operational efficiency. Installation of marine engine monitoring system with automation solutions for predictive maintenance are supporting the case for fault detection at the early stages, thereby supporting the operational effectiveness.
The growth of technology in marine electronics and communication solutions has given the opportunity for the ship builders and owners to install marine engine monitoring system. In addition to that, the integration of technology that covers hydro-acoustics, navigation, control, automation and simulation solutions have successfully driven the global marine engine monitoring system market.
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Marine Engine Monitoring System Market: Market Dynamics
There has been a frequent growth in the installation of new gas engine orders in the Asia Pacific region which is expected to drive the market growth for marine engine monitoring system. The increasing number of commercial vessels and growth in ship building contracts has propelled the shipping industry and the global marine engine monitoring system market. In addition to that, the rise in sea borne trade between developing nations has created an opportunity for the deployment of marine engine monitoring system.
Rise in marine environment safety regulations has favored the hardware and software providers for the deployment of marine engine monitoring system. Customization of marine engine monitoring system for the safety of operations and cost reduction has driven the marine engine monitoring system market. The competiveness in the global marine engine monitoring system market is growing due to the entry of Asian players. The key challenge lies in the reading calculated at the port and at the sea which is volatile and it is important to choose the suitable marine engine monitoring system.
The remote or online marine engine monitoring system with propulsion remote control is driving the global market. The growth in cloud based monitoring and analysis with access to the internet and connect to the vessels LAN network has enhanced the adoption rate of marine engine monitoring system. Ensuring minimum network traffic will drive the global marine engine monitoring system market.
Marine Engine Monitoring System Market: Regional Outlook
The regions such as Europe and North America are leading the global marine engine monitoring system and it is expected to remain the same in the forthcoming period. The Asia Pacific region is however expected to show a higher growth trend in the same forecast timeline when compared to the other regions in the global marine engine monitoring system market. The growth in Asia pacific region will be majorly driven by the countries such as China, Taiwan, Indonesia and Malaysia.
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Marine Engine Monitoring System Market: Key Market Participants
Some of the key market participants in the global marine engine monitoring system market are:
- ABB
- Caterpillar
- Cummins
- Emerson Electric
- Hyundai Heavy Industries
- Jason Marine
- Kongsberg
- KROHNE Marine
- Mitsubishi Heavy Industries
- NORIS Group
- Scania
- TecnoVeritas
- Valmet
- Wartsila
The marine engine monitoring system market research report presents a comprehensive assessment of the marine engine monitoring system market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The marine engine monitoring system market research report provides analysis and information according to market segments such as geographies, material type, temperature range, and end use.
The marine engine monitoring system market report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
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Competitive landscape highlights only certain players
Complete list available upon request
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordics)
- Eastern Europe (Russia, Poland, CIS)
- Asia-Pacific (China, India, ASEAN, South Korea)
- Japan
- Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
The marine engine monitoring system market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The marine engine monitoring system market report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of company.
Marine Engine Monitoring System Market: Market segmentation
The global marine engine monitoring system market can be segmented into type, and application.
On the basis of engine propulsion type, the global marine engine monitoring system market is segmented into:
- Diesel Propulsion
- Wind Propulsion
- Gas Turbine Propulsion
- Diesel Electric Propulsion
- Gas Fuel Propulsion
- Others
On the basis of deployment type, the global marine engine monitoring system market is segmented into:
- On-site monitoring
- Remote monitoring
On the basis of end use, the global marine engine monitoring system market is segmented into:
- Passenger Vessels
- Tankers
- Cruise Ships
- Naval Vessels
- Oil & Gas Vessels
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Engine Propulsion Type 6.2. Deployment Type 6.3. End Use 7. Global Market Analysis and Forecast, By Engine Propulsion Type 7.1. Diesel Propulsion 7.2. Wind Propulsion 7.3. Gas Turbine Propulsion 7.4. Diesel Electric Propulsion 7.5. Gas Fuel Propulsion 7.6. Others 8. Global Market Analysis and Forecast, By Deployment Type 8.1. On-site monitoring 8.2. Remote monitoring 9. Global Market Analysis and Forecast, By End Use 9.1. Passenger Vessels 9.2. Tankers 9.3. Cruise Ships 9.4. Naval Vessels 9.5. Oil & Gas Vessels 10. Global Market Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. Asia Pacific 10.6. East Asia 10.7. MEA 11. North America Sales Analysis and Forecast, by Key Segments and Countries 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries 13. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 15. Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries 16. East Asia Sales Analysis and Forecast, by Key Segments and Countries 17. MEA Sales Analysis and Forecast, by Key Segments and Countries 18. Sales Forecast by Engine Propulsion Type, Deployment Type, and End Use for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. ABB 20.2. Caterpillar 20.3. Cummins 20.4. Emerson Electric 20.5. Hyundai Heavy Industries 20.6. Jason Marine 20.7. Kongsberg 20.8. KROHNE Marine 20.9. Mitsubishi Heavy Industries 20.10. NORIS Group 20.11. Scania 20.12. TecnoVeritas 20.13. Valmet 20.14. Wartsila
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List Of Table
Table 01: Global Market US$ Mn Forecast by Region
Table 02: Global Market US$ Mn Forecast by Engine Propulsion Type
Table 03: Global Market US$ Mn Forecast by Deployment Type
Table 04: Global Market US$ Mn Forecast by End Use
Table 05: North America Market US$ Mn Forecast by Country
Table 06: North America Market US$ Mn Forecast by Engine Propulsion Type
Table 07: North America Market US$ Mn Forecast by Deployment Type
Table 08: North America Market US$ Mn Forecast by End Use
Table 09: Latin America Market US$ Mn Forecast by Country
Table 10: Latin America Market US$ Mn Forecast by Engine Propulsion Type
Table 11: Latin America Market US$ Mn Forecast by Deployment Type
Table 12: Latin America Market US$ Mn Forecast by End Use
Table 13: Western Europe Market US$ Mn Forecast by Country
Table 14: Western Europe Market US$ Mn Forecast by Engine Propulsion Type
Table 15: Western Europe Market US$ Mn Forecast by Deployment Type
Table 16: Western Europe Market US$ Mn Forecast by End Use
Table 17: Eastern Europe Market US$ Mn Forecast by Country
Table 18: Eastern Europe Market US$ Mn Forecast by Engine Propulsion Type
Table 19: Eastern Europe Market US$ Mn Forecast by Deployment Type
Table 20: Eastern Europe Market US$ Mn Forecast by End Use
Table 21: Asia Pacific Market US$ Mn Forecast by Country
Table 22: Asia Pacific Market US$ Mn Forecast by Engine Propulsion Type
Table 23: Asia Pacific Market US$ Mn Forecast by Deployment Type
Table 24: Asia Pacific Market US$ Mn Forecast by End Use
Table 25: East Asia Market US$ Mn Forecast by Country
Table 26: East Asia Market US$ Mn Forecast by Engine Propulsion Type
Table 27: East Asia Market US$ Mn Forecast by Deployment Type
Table 28: East Asia Market US$ Mn Forecast by End Use
Table 29: MEA Market US$ Mn Forecast by Country
Table 30: MEA Market US$ Mn Forecast by Engine Propulsion Type
Table 31: MEA Market US$ Mn Forecast by Deployment Type
Table 32: MEA Market US$ Mn Forecast by End Use
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List Of Figures
Figure 01: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Engine Propulsion Type
Figure 02: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Deployment Type
Figure 03: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use
Figure 04: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 05: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Engine Propulsion Type
Figure 06: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Deployment Type
Figure 07: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use
Figure 08: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 09: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Engine Propulsion Type
Figure 10: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Deployment Type
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Engine Propulsion Type
Figure 14: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Deployment Type
Figure 15: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 17: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Engine Propulsion Type
Figure 18: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Deployment Type
Figure 19: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use
Figure 20: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Engine Propulsion Type
Figure 22: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Deployment Type
Figure 23: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use
Figure 24: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 25: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Engine Propulsion Type
Figure 26: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Deployment Type
Figure 27: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use
Figure 28: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 29: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Engine Propulsion Type
Figure 30: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Deployment Type
Figure 31: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use
Figure 32: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the marine engine monitoring system market at present?
Currently, sales of marine engine monitoring systems account for a valuation of US$ 590 million.
Which will be the largest market for marine engine monitoring systems?
Asia Pacific is anticipated to account for the most marine engine monitoring system shipments across the forecast period.
Where will the market be by 2028 in terms of valuation?
The global marine engine monitoring system market is estimated to account for a value of US$ 740 million while rising at 3.8% CAGR through 2028.
Marine Engine Monitoring System Market