Integrated Marine Automation System Market to experience an impressive growth of 2.2% during 2020-2025
January 27, 2020
Integrated Marine Automation System Market is likely to witness a timid CAGR of 2.2% during the forecast period. Factors such as growing seaborne trade, mounting compliance with maritime safety protocols, and advancement in maritime tourism are driving the global integrated marine automation system market.
Click here to get a Free Sample of the report (with additional insights):
https://www.stratviewresearch.com/Request-Sample/783/integrated-marine-automation-system-market.html
Or
Read the summary of the report here:
https://www.stratviewresearch.com/783/integrated-marine-automation-system-market.html
Integrated Marine Automation System Market Segment Insights:
By Ship Type:
The commercial ships segment is expected to grow at a higher CAGR in the coming five years. Upsurge in seaborne trade coupled with the rising demand for lessening functional costs for ships by arming them with automation systems is anticipated to boost the growth of the market.
By Component Type:
The product segment is estimated to register a higher growth during the forecast period. Installation of various software, hardware, datalinks, and connectivity in marine automation systems is significantly contributing to the high growth of this segment.
By End-User Type:
The OEM segment is expected to depict a higher growth in the coming five years. Escalating seaborne trade across the globe is anticipated to pave the path for new shipbuilding orders, which in turn, will lead to an increase in the demand for OEM integrated marine automation systems for new ships.
By Solution Type:
The vessel management system segment is estimated to be the largest segment, during the forecast period, encompassing different subsystems, such as alarm monitoring system, dynamic positioning system, and machinery management, among others.
By Region:
The integrated marine automation system market is dominated by Europe with the highest-estimated growth rate for the coming five years. Despite the shipbuilding industry sailing through a rough ride currently, the claim for self-governing ships and cruise ships in Europe is anticipated to bolster the integrated marine automation system market in this region. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.
Click below to run through the detailed ToC of the report:
https://www.stratviewresearch.com/toc/783/integrated-marine-automation-system-market.html
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
Based on the research, a proper report is crafted with the following key features:
· Market structure: Overview, industry life cycle analysis, supply chain analysis
· Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
· Market trend and forecast analysis
· Market segment trend and forecast
· Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
· Attractive market segments and associated growth opportunities
· Emerging trends
· Strategic growth opportunities for the existing and new players
· Key success factors
Click here for other high value market reports from Stratview Research in the Aerospace & Defence Industry: https://www.stratviewresearch.com/market-reports/Aerospace-Defense.html
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
For enquiries,
Contact:
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176