DUBLIN--(BUSINESS WIRE)--The "Marine Telematics - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.
The Global Marine Telematics market accounted for $7.29 million in 2018 and is expected to reach $35.73 million by 2027 growing at a CAGR of 19.3% during the forecast period.
Some of the key factors propelling the market growth are trend of connectivity solutions, growing demand for specialized ships and boats to ensure efficient offshore operations and enhanced ship monitoring. However, high cost of integration and requirement of continuous & seamless internet connectivity are restraining factors for the growth of the market.
Marine telematics systems have a core function of recording data about vessels and send, process, and store the information through media transmission devices to improve activities. This technology is likewise used to control and monitor ships. These solutions are utilized in businesses such as boating, shipping, recreational fishing, and commercial fishing industries. It includes the utilization of wireless voice and data communication systems, which provide functions such as vessel tracking, emergency aid warning notification, system monitoring, stolen vehicle recovery, and other different features. This technology can be essential for the users as it provides a satellite link to the outside world when other methods of communications are inaccessible.
By application, commercial segment is expected to grow at the significant market share during the forecast period due to rising number of ships and prominent & secure method for transportation of goods through commercial ships and quick up gradation & development to introduce automation in commercial ships. On the basis of geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to the high number of container ship transportation. Additionally, the demand for these features is expected to increase due to improved operational safety requirements in the region.
What the report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Marine Telematics Market, By Component
5.1 Introduction
5.2 Software
5.3 Services
5.4 Hardware
6 Global Marine Telematics Market, By Type
6.1 Introduction
6.2 Conversational System
6.3 Data Collection System
6.4 Data Release System
6.5 Message Exchange System
6.6 Q & A System
6.7 Remote Batch System
7 Global Marine Telematics Market, By Service
7.1 Introduction
7.2 Diagnostics
7.3 Entertainment
7.4 Information & Navigation
7.5 Safety & Security
8 Global Marine Telematics Market, By Application
8.1 Introduction
8.2 Commercial
8.3 Defense
8.4 Military Ships
8.5 Offshore Oil and Gas
8.6 Passenger Ships
9 Global Marine Telematics Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 WirelessCar
11.2 Verizon Telematics
11.3 Navis
11.4 Market Spectrum
11.5 ki2 Infotech
11.6 Cybernetica
11.7 Connexis
11.8 Airbiquity
11.9 Agero
For more information about this report visit https://www.researchandmarkets.com/r/echdgq
