Smart Shipping & Maritime Technologies Market by Component (Hardware, Services, Solution), Function (International Legal Frameworks, Marine Environmental Protection, Personnel Management), Application, Vessel - Global Forecast 2024-2030

Smart Shipping & Maritime Technologies Market by Component (Hardware, Services, Solution), Function (International Legal Frameworks, Marine Environmental Protection, Personnel Management), Application, Vessel - Global Forecast 2024-2030


The Smart Shipping & Maritime Technologies Market size was estimated at USD 99.09 billion in 2023 and expected to reach USD 111.73 billion in 2024, at a CAGR 14.08% to reach USD 249.26 billion by 2030.

Global Smart Shipping & Maritime Technologies MarketThe maritime industry is a key element for several businesses to transport goods and expand or develop the world economy. Ships and shipping companies are focused on deploying smart shipping and maritime technologies to ensure efficient trade services. Smart shipping technologies lessen marine accidents by eliminating the risk through better decision-making algorithms and efficient decision-handling systems based on artificial intelligence. Marine technologies based on Augmented Reality (AR) and Big Data Analytics provide an immersive and complete user experience for ship navigation. Governments worldwide are boosting investments in smart shipping & maritime technologies to digitalize logistic operations and expand ports and terminals based on modern maritime technologies. However, the relatively high cost of operation & maintenance of smart shipping & maritime technologies, along with data and privacy concerns, are restraining factors for the market growth. The supply chain initiatives and technological advancements in smart shipping & maritime technologies fuel market growth due to data analytics, smart sensors and satellite communication, artificial intelligence, and cloud computing technologies.Regional InsightsThe Asia-Pacific region is witnessing high growth in smart shipping & maritime technologies due to the availability of a large coastline and marine trade infrastructure. Countries such as China, Korea, and Japan, with the increased availability of smart shipping technologies, are shaping the development of eco-friendly autonomous ships through private-public collaboration. The market players are adopting the Internet of Things (IoT), Integrated Control Systems (ICS), and Blockchain technology for safer sailing and sustainable shipping along the major trade routes. European region players are addressing the maritime sector regulations, aiming to supply multi-layer optimization in fuel consumption, CO2 and carbon emissions control, and energy efficiency in smart shipping. The European Maritime Single Window environment (EMSWe) ensures competitiveness and efficiency of the European maritime transport sector, reduces the administrative burden on ships to facilitate the use of digital information to improve the efficiency and environmental sustainability of maritime transport, and contributes to the integration of the sector to the digital multimodal logistic chain. Americas region is anticipated to witness growth due to high investments in research and development of maritime technologies from public and private players. American region has a high share in regional and international maritime trade, and market players aim to boost market competitiveness by adopting the latest technologies in smart shipping & maritime technologies.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Smart Shipping & Maritime Technologies Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Smart Shipping & Maritime Technologies Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Smart Shipping & Maritime Technologies Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Accenture PLC., APM Terminals, Bureau Veritas, Cargotec Corporation, Cavotec SA, CLass NK, Cobham Limited, Dataloy Systems AS, Dell Inc., Det Norske Veritas Group, Dualog AS, EMCORE Corporation, Emerson Electric Co., Furuno Electric, Hyundai Heavy Industries Co., Ltd., Inmarsat Global Limited, Intel Corporation, Intellian Technologies, Inc., Japan Marine, Japan Radio, Kongsberg Gruppen ASA, Kpler Holding SA, Maritech Holdings Limited, Microsoft Corporation, Mitsubishi Heavy Industries, Ltd., Moxa Inc., MTI, Navis LLC, Nordic IT, Northrop Grumman Sperry Marine B.V., NYK, OrbitMI, Inc., Pole Star Space Applications Limited, RightShip Group, SEDNA Communications Ltd., Shipamax Ltd., Shipfix Technologies S.A.S., Siemens AG, Siglar Carbon AS, Trelleborg AB, Trigonal Ltd., Veson Nautical LLC, Volaris Group, Wallem Group, Wärtsilä Corporation, and ZeroNorth A/S.

Market Segmentation & Coverage



This research report categorizes the Smart Shipping & Maritime Technologies Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
Hardware
Services
Solution
Function
International Legal Frameworks
Marine Environmental Protection
Personnel Management
Quality & Safety Document Management
Remote Asset Maintenance
Ship Performance Maintenance
Shipping Financing
Shipping Logistics
Application
Ports
Ships
Vessel
Cargo Carriers
Industrial Ships
Passenger Carriers
Service Vessels
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Smart Shipping & Maritime Technologies Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Smart Shipping & Maritime Technologies Market?
3. What are the technology trends and regulatory frameworks in the Smart Shipping & Maritime Technologies Market?
4. What is the market share of the leading vendors in the Smart Shipping & Maritime Technologies Market?
5. Which modes and strategic moves are suitable for entering the Smart Shipping & Maritime Technologies Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Smart Shipping & Maritime Technologies Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising focus on maritime 4.0 and government initiatives for the digitalization of ports and vessels
5.1.1.2. Increasing investments in expansion of ports & terminals worldwide
5.1.1.3. Growing maritime trade and need for advanced supply chain traceability & visibility
5.1.2. Restraints
5.1.2.1. Technical limitations of smart ports and maritime systems and high initial ownership cost
5.1.3. Opportunities
5.1.3.1. Advancements in smart shipping & maritime systems based on AI, IoT, and robotics
5.1.3.2. Strong partnership ecosystem between maritime service providers and technology manufacturers
5.1.4. Challenges
5.1.4.1. Security and data privacy concerns and strict regulatory guidelines for data ownership and access
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Smart Shipping & Maritime Technologies Market, by Component
6.1. Introduction
6.2. Hardware
6.3. Services
6.4. Solution
7. Smart Shipping & Maritime Technologies Market, by Function
7.1. Introduction
7.2. International Legal Frameworks
7.3. Marine Environmental Protection
7.4. Personnel Management
7.5. Quality & Safety Document Management
7.6. Remote Asset Maintenance
7.7. Ship Performance Maintenance
7.8. Shipping Financing
7.9. Shipping Logistics
8. Smart Shipping & Maritime Technologies Market, by Application
8.1. Introduction
8.2. Ports
8.3. Ships
9. Smart Shipping & Maritime Technologies Market, by Vessel
9.1. Introduction
9.2. Cargo Carriers
9.3. Industrial Ships
9.4. Passenger Carriers
9.5. Service Vessels
10. Americas Smart Shipping & Maritime Technologies Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Smart Shipping & Maritime Technologies Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Smart Shipping & Maritime Technologies Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
13.3.1. Merger & Acquisition
13.3.1.1. GTT merges smart-shipping unit under one brand as Ascenz Marorka to give superior service to owners.
13.3.1.2. MercuryGate Extends Ocean Freight Procurement, Visibility and Supply Chain Compliance Capabilities with Strategic Acquisition.
13.3.2. Agreement, Collaboration, & Partnership
13.3.2.1. Marlink and ABS Wavesight Partner to Accelerate Maritime Clients Digital Transformation.
13.3.2.2. A new partnership for Bureau Veritas to advance augmented ship services.
13.3.3. New Product Launch & Enhancement
13.3.3.1. Smart Ship Hub announces launch of voyage performance management platform.
13.3.3.2. Meratus launches Indonesia’s first smart container.
13.3.4. Investment & Funding
13.3.4.1. AXSMarine makes Nextvoyage investment.
13.3.4.2. Smart Green Shipping announces £5m (USD 6.03 million) investment into FastRig wing sail technology.
13.3.5. Award, Recognition, & Expansion
13.3.5.1. Starlink announces global coverage for maritime service.
13.3.5.2. UK Expands Efforts to Support Green Shipping with USD 100 million in New Funding.
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. ABB Ltd.
14.1.2. Accenture PLC.
14.1.3. APM Terminals
14.1.4. Bureau Veritas
14.1.5. Cargotec Corporation
14.1.6. Cavotec SA
14.1.7. CLass NK
14.1.8. Cobham Limited
14.1.9. Dataloy Systems AS
14.1.10. Dell Inc.
14.1.11. Det Norske Veritas Group
14.1.12. Dualog AS
14.1.13. EMCORE Corporation
14.1.14. Emerson Electric Co.
14.1.15. Furuno Electric
14.1.16. Hyundai Heavy Industries Co., Ltd.
14.1.17. Inmarsat Global Limited
14.1.18. Intel Corporation
14.1.19. Intellian Technologies, Inc.
14.1.20. Japan Marine
14.1.21. Japan Radio
14.1.22. Kongsberg Gruppen ASA
14.1.23. Kpler Holding SA
14.1.24. Maritech Holdings Limited
14.1.25. Microsoft Corporation
14.1.26. Mitsubishi Heavy Industries, Ltd.
14.1.27. Moxa Inc.
14.1.28. MTI
14.1.29. Navis LLC
14.1.30. Nordic IT
14.1.31. Northrop Grumman Sperry Marine B.V.
14.1.32. NYK
14.1.33. OrbitMI, Inc.
14.1.34. Pole Star Space Applications Limited
14.1.35. RightShip Group
14.1.36. SEDNA Communications Ltd.
14.1.37. Shipamax Ltd.
14.1.38. Shipfix Technologies S.A.S.
14.1.39. Siemens AG
14.1.40. Siglar Carbon AS
14.1.41. Trelleborg AB
14.1.42. Trigonal Ltd.
14.1.43. Veson Nautical LLC
14.1.44. Volaris Group
14.1.45. Wallem Group
14.1.46. Wärtsilä Corporation
14.1.47. ZeroNorth A/S
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
FIGURE 1. SMART SHIPPING & MARITIME TECHNOLOGIES MARKET RESEARCH PROCESS
FIGURE 2. SMART SHIPPING & MARITIME TECHNOLOGIES MARKET SIZE, 2023 VS 2030
FIGURE 3. SMART SHIPPING & MARITIME TECHNOLOGIES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. SMART SHIPPING & MARITIME TECHNOLOGIES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. SMART SHIPPING & MARITIME TECHNOLOGIES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. SMART SHIPPING & MARITIME TECHNOLOGIES MARKET DYNAMICS
FIGURE 7. SMART SHIPPING & MARITIME TECHNOLOGIES MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
FIGURE 8. SMART SHIPPING & MARITIME TECHNOLOGIES MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. SMART SHIPPING & MARITIME TECHNOLOGIES MARKET SIZE, BY FUNCTION, 2023 VS 2030 (%)
FIGURE 10. SMART SHIPPING & MARITIME TECHNOLOGIES MARKET SIZE, BY FUNCTION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. SMART SHIPPING & MARITIME TECHNOLOGIES MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 12. SMART SHIPPING & MARITIME TECHNOLOGIES MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. SMART SHIPPING & MARITIME TECHNOLOGIES MARKET SIZE, BY VESSEL, 2023 VS 2030 (%)
FIGURE 14. SMART SHIPPING & MARITIME TECHNOLOGIES MARKET SIZE, BY VESSEL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS SMART SHIPPING & MARITIME TECHNOLOGIES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS SMART SHIPPING & MARITIME TECHNOLOGIES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES SMART SHIPPING & MARITIME TECHNOLOGIES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES SMART SHIPPING & MARITIME TECHNOLOGIES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC SMART SHIPPING & MARITIME TECHNOLOGIES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC SMART SHIPPING & MARITIME TECHNOLOGIES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA SMART SHIPPING & MARITIME TECHNOLOGIES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA SMART SHIPPING & MARITIME TECHNOLOGIES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. SMART SHIPPING & MARITIME TECHNOLOGIES MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. SMART SHIPPING & MARITIME TECHNOLOGIES MARKET SHARE, BY KEY PLAYER, 2023

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