Europe Integrated Marine Automation System Market Size & Outlook

The integrated marine automation system market in Europe is expected to reach a projected revenue of US$ 2,754.5 million by 2030. A compound annual growth rate of 8.3% is expected of Europe integrated marine automation system market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,579.2
Forecast, 2030 (US$M)
$2,754.5
CAGR, 2024 - 2030
8.3%
Report Coverage
Europe

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Europe integrated marine automation system market, 2018-2030 (US$M)

Europe integrated marine automation system market, 2018-2030 (US$M)

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Europe integrated marine automation system market highlights

  • The Europe integrated marine automation system market generated a revenue of USD 1,579.2 million in 2023.
  • The market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
  • In terms of segment, hardware was the largest revenue generating offering in 2023.
  • Hardware is the most lucrative offering segment registering the fastest growth during the forecast period.


Europe data book summary

Market revenue in 2023USD 1,579.2 million
Market revenue in 2030USD 2,754.5 million
Growth rate8.3% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentHardware
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware
Key market players worldwideABB Ltd, Blue Ctrl, Emerson Electric Co, Høglund Marine Solutions, Honeywell International Inc, Ingeteam, Jason Marine Group, Kongsberg Gruppen ASA, L3Harris Technologies Inc, Moxa, Seam, Siemens AG, Thales Group, Ulstein Group, Wartsila Corp


Other key industry trends

  • In terms of revenue, Europe region accounted for 26.1% of the global integrated marine automation system market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 4,561.8 million by 2030.

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Integrated Marine Automation System Market Companies

Name Profile # Employees HQ Website
Ulstein Group View profile 501-1000 Ulsteinvik, More og Romsdal, Norway, Europe http://www.ulsteingroup.com
Seam View profile 11-50 San Francisco, California, United States, North America https://seam.co
Moxa View profile 501-1000 Brea, California, United States, North America http://www.moxa.com/
Jason Marine Group View profile 51-100 Singapore, Central Region, Singapore, Asia http://www.jason.com.sg
Høglund Marine Solutions View profile 101-250 Tønsberg, Vestfold, Norway, Europe https://hoglund.no/
Blue Ctrl View profile 11-50 Ålesund, More og Romsdal, Norway, Europe https://bluectrl.io/
Ingeteam View profile 1001-5000 Zamudio, Pais Vasco, Spain, Europe https://www.ingeteam.com/
Kongsberg Gruppen ASA View profile 13602 Kirkegardsveien 45, Kongsberg, Norway, N-3616 https://www.kongsberg.com
Thales Group View profile 10001+ Paris, Ile-de-France, France, Europe http://www.thalesgroup.com
L3Harris Technologies Inc View profile 50000 1025 West NASA Boulevard, Melbourne, FL, United States, 32919 https://www.l3harris.com
Wartsila Corp View profile 17909 Hiililaiturinkuja 2, Helsinki, Finland, FI-00180 https://www.wartsila.com
Emerson Electric Co View profile 67000 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 https://www.emerson.com
Honeywell International Inc View profile 95000 855 South Mint Street, Charlotte, NC, United States, 28202 https://www.honeywell.com
Siemens AG View profile 321000 Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 https://www.siemens.com
ABB Ltd View profile 108700 Affolternstrasse 44, Zurich, Switzerland, 8050 https://www.abb.com

Europe integrated marine automation system market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to integrated marine automation system market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Europe integrated marine automation system market based on hardware covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe integrated marine automation system market , including forecasts for subscribers. This continent databook contains high-level insights into Europe integrated marine automation system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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