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Marine Onboard Communication and Control Systems Market Share

Report ID: GMI7923
Published Date: Jan 2024
Report Format: PDF

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Marine Onboard Communication and Control Systems Market Share

Wartsila and Kongsberg are the prominent players, holding over 9% of revenue share in the global market. These key players are leading the marine onboard communication and control systems industry through technological innovations, strategic partnerships, and a strong global presence. Industry leaders, such as major satellite communication providers, established maritime technology firms, and leading system integrators, are setting industry standards by developing advanced solutions. These companies leverage their expertise to address the evolving maritime needs, offering comprehensive communication and control systems that enhance vessel performance, safety, and efficiency.

Collaborations with research institutions and government bodies for R&D boost their leadership. Continuous product upgrades and a focus on sustainability are reinforcing their positions as influential contributors to the evolution of maritime communication and control technologies.

Marine Onboard Communication and Control Systems Market Companies

Major players operating in the marine onboard communication and control systems industry are:

ABB
Harris Corporation
Honeywell International Inc.
Kongsberg
Northrop Grumman Corporation
Raytheon Anschutz GmbH
RH Marine
Sam Electronics GmbH
ST Engineering
Wartsila

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

The market size for marine onboard communication and control systems was valued at USD 7.1 billion in 2023 and is estimated to register a CAGR of over 6.5% between 2024 and 2032, driven by the surge in global maritime trade and growing acceptance of smart fleet management system.

The communication system segment generated a market revenue of around USD 1.8 billion in 2023 and is anticipated to grow through 2032, owing to the rising demand for seamless data exchange.

Asia Pacific market for marine onboard communication and control systems held a revenue share of around 40% in 2023 and will grow during 2023-2032, due to a booming maritime sector.

ABB, Wartsila, Harris Corporation, ST Engineering, Honeywell International Inc., Sam Electronics GmbH, Kongsberg, RH Marine, Northrop Grumman Corporation and Raytheon Anschütz GmbH