The Global Connected Ship Market Report provides a complete analysis of the market. The Report focuses on manufacturers, suppliers, segmentation according to the application, major players, customers, opportunities, future roadmap, and furthermore. The competitive data type analysis includes capacity, market share, profit margin, market growth, consumer consumption, imports, exports, revenue, and etc. Marketing strategies, policies, industry chain that are changing the wave of the market are also catered in the report.
Market Key Players
Northrop Grumman (US), General Electric (US), Wartsila (Finland), Kongsberg Grumman (Norway), Marlink (Norway).
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The Connected Ship Market is anticipated to witness a CAGR of 3.9% over the forecast period 2020 – 2025.
Europe is expected to Account for the Largest Market Share during the Forecast Period
Europe is expected to provide lucrative opportunities for connected ship market during the forecast period. The shipbuilding industry in the region is going through a rough patch at present. However, the increased demand for autonomous ships and cruises from the region is expected to fuel the growth of the market during the forecast period.
The region is the home to leading shipbuilding countries such as Germany, France, and Italy. Hence, they are one of the prime consumers of marine electronic equipment.
The shipbuilding industry in the region offers sophisticated naval vessels such as cruises, ferries, mega yachts, submarines, and dredgers (offshore vessels). This is expected to place the region in a strong position, in the international market.
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Key Developments in Connected Ship Market
September 2019 – Navtot and ScanReach have signed an agreement to connect onboard wireless IoT platform to a secure channel for sharing data between ship and shore. This is expected to pave the way for shipowners to have a connected, comprehensive, and real-time view of vessel and fleet operations.
-September 2019 – Datasat, a leading provider of gateway internet services via satellite partnered with SES Networks to provide enhanced connectivity to ferry fleet in the Mediterranean Sea.
What are the market factors that are explained in the report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Analytical Tools: The Global Connected Ship Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Finally, Connected Ship Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
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