Market Overview:
The global maritime information market is expected to grow from USD 2.5 billion in 2018 to USD 5.8 billion by 2030, at a CAGR of 11.9% during the forecast period. The growth of the maritime information market can be attributed to the increasing demand for maritime information from commercial and government applications across different regions. The global maritime information market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into AIS, vessel tracking (except AIS), Maritime Information Provision (MIP), Maritime Information Analytics (MIA), and other segments.
Product Definition:
Maritime information is a term used in the shipping industry to describe all types of data that relate to the maritime domain. This includes information about vessels, ports, cargoes and other aspects of maritime commerce. Maritime information is important because it helps shippers make informed decisions about where to ship their goods and how best to do so. It also helps port authorities plan for future growth and manage their resources more effectively.
AIS:
Automatic Identification System (AIS) is a distress and safety system used for communication between vessels and shore. It provides information in the form of unique vessel identification codes, called transponders, which can be detected by radio or radar. AIS has become an essential element in shipping as it enables tracking ships not only across national borders but also across international boundaries.
Vessel Tracking (except AIS):
Vessel tracking is the transmission of real-time position and other information of vessels to shore using electronic mediums. It includes AIS as an example, which stands forAutomatic Identification System. Vessel tracking can be done with the help of various electronic devices installed on or attached to a vessel. These devices send out some kind of signal that is received by ground stations and from thereon it's decoded to get the information regarding the present position of a vessel etc.
Application Insights:
The commercial application segment accounted for the largest revenue share of over 60% in 2017. The growth can be attributed to the growing demand for AIS from various sectors including container, bulk, and general cargo among others. Container shipping is increasingly adopting AIS as it provides enhanced vessel safety by providing accurate position information with higher accuracy and reliability thereby enhancing maritime operations.
A significant increase in government-related activities such as port development, dredging activities, etc has resulted in increased need for tracking vessels to ensure effective management of marine resources along with facilitation of logistics & transportation operations at reduced cost and time frames while ensuring safety & security of assets/personnel on board ships or during offshore exploration activities. Vessel tracking system is thus becoming an essential tool across all these applications which include commercial as well as government segments globally owing to its effectiveness coupled with ease of use at comparatively low costs compared to other systems available in the market place currently (excluding AIS).
Regional Analysis:
The market in Asia Pacific and Middle East & Africa is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing maritime activities, particularly in developing economies such as China, India, Indonesia, Singapore and Malaysia. Moreover, rising demand for oil & gas across these regions is expected to drive the requirement for vessels’ tracking services over the next eight years.
The industry in Europe has been experiencing steady growth since 2014 owing to increased government spending on defense and security infrastructure along with growing passenger traffic across major ports including Rotterdam (Netherlands), Genoa (Italy) and Port of Valencia (Spain). However, sluggish economic conditions within European Union are anticipated to hamper market development during the forecast period.
Growth Factors:
- Increasing demand for maritime information from the shipping and port industries to improve safety and security.
- Proliferation of maritime data sources, including satellite imagery, AIS data, and weather data, is making maritime information more accessible and affordable.
- Maritime information systems are becoming more sophisticated, with new features such as machine learning and artificial intelligence that can help identify patterns in big data sets.
- The development of blockchain technology is expected to play a key role in the maritime information market by providing a secure platform for sharing sensitive data among stakeholders.
Scope Of The Report
Report Attributes
Report Details
Report Title
Maritime Information Market Research Report
By Type
AIS, Vessel Tracking (except AIS), Maritime Information Provision, Maritime Information Analytics, Other
By Application
Commercial, Government
By Companies
Inmarsat, L3 Technologies, Orbcomm, Raytheon Company, Thales Group, L3 Technologies, Garmin International, Intelsat，S.A, Kongsberg, Maritec, MacDonald, Dettwiler and Associates, Raymarine, Rockwell Collins, Saab, Spire Global
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Maritime Information Market Report Segments:
The global Maritime Information market is segmented on the basis of:
Types
AIS, Vessel Tracking (except AIS), Maritime Information Provision, Maritime Information Analytics, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Government
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Inmarsat
- L3 Technologies
- Orbcomm
- Raytheon Company
- Thales Group
- L3 Technologies
- Garmin International
- Intelsat，S.A
- Kongsberg
- Maritec
- MacDonald, Dettwiler and Associates
- Raymarine
- Rockwell Collins
- Saab
- Spire Global
Highlights of The Maritime Information Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- AIS
- Vessel Tracking (except AIS)
- Maritime Information Provision
- Maritime Information Analytics
- Other
- By Application:
- Commercial
- Government
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Maritime Information Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Maritime information is the collection, analysis and dissemination of maritime data. Maritime data can include weather conditions, shipping traffic, marine hazards and navigational aids.
Some of the key players operating in the maritime information market are Inmarsat, L3 Technologies, Orbcomm, Raytheon Company, Thales Group, L3 Technologies, Garmin International, Intelsat，S.A, Kongsberg, Maritec, MacDonald, Dettwiler and Associates, Raymarine, Rockwell Collins, Saab, Spire Global.
The maritime information market is expected to register a CAGR of 11.9%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Maritime Information Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Maritime Information Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Maritime Information Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Maritime Information Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Maritime Information Market Size & Forecast, 2020-2028
4.5.1 Maritime Information Market Size and Y-o-Y Growth
4.5.2 Maritime Information Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 AIS
5.2.2 Vessel Tracking (except AIS)
5.2.3 Maritime Information Provision
5.2.4 Maritime Information Analytics
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Government
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Maritime Information Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Maritime Information Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 AIS
9.6.2 Vessel Tracking (except AIS)
9.6.3 Maritime Information Provision
9.6.4 Maritime Information Analytics
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Government
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 AIS
10.6.2 Vessel Tracking (except AIS)
10.6.3 Maritime Information Provision
10.6.4 Maritime Information Analytics
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Government
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 AIS
11.6.2 Vessel Tracking (except AIS)
11.6.3 Maritime Information Provision
11.6.4 Maritime Information Analytics
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Government
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 AIS
12.6.2 Vessel Tracking (except AIS)
12.6.3 Maritime Information Provision
12.6.4 Maritime Information Analytics
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Government
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 AIS
13.6.2 Vessel Tracking (except AIS)
13.6.3 Maritime Information Provision
13.6.4 Maritime Information Analytics
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Government
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Maritime Information Market: Competitive Dashboard
14.2 Global Maritime Information Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Inmarsat
14.3.2 L3 Technologies
14.3.3 Orbcomm
14.3.4 Raytheon Company
14.3.5 Thales Group
14.3.6 L3 Technologies
14.3.7 Garmin International
14.3.8 Intelsat，S.A
14.3.9 Kongsberg
14.3.10 Maritec
14.3.11 MacDonald, Dettwiler and Associates
14.3.12 Raymarine
14.3.13 Rockwell Collins
14.3.14 Saab
14.3.15 Spire Global
