Live Breaking News & Updates on International Maritime Trade Data

Share this article
Share this article
ResearchAndMarkets.com s offering.
The global integrated marine automation system is projected to grow from USD 4,906 million in 2020 to USD 7,889 million by 2025, at a CAGR of 10% from 2020 to 2025.
The demand for new ships and the retrofitting of existing ships with advanced technologies is expected to grow with the increase in trade activities.
New defense and commercial vessels are equipped with advanced systems for improved safety and efficiency. The implementation of advanced systems acts as an important driver for the integrated marine automation system market. Integrated marine automation system is one of the variants of automated vessels. These ships involve integrating various systems and subsystems, enabling effective decision-making based on sensor fusion technology and Artificial Intelligence (AI) for processing the data, hence reducing or eliminating human intervention. ....

United States , South Korea , Kyonggi Do , Laura Wood , Porter Five Forces Model , Maintenance Services , Dynamic Companies , Sensor Fusion Solutions , Rockwell Automation Inc , Sea Machines Robotics Inc , Area Network , Progressive Companies , International Maritime Trade Data , Hyundai Heavy Industries , Office Hours Call , Research Methodology , Small Enterprises , Thales Group , Development Of Autonomous Ships , Honeywell International Inc , Technology Analysis , Samsung Heavy Industries Co , Company Product Footprint Analysis , Northrop Grumman Corporation , Prominent Companies , Automation Inc ,