Integrated Marine Automation System Market Leads USD 15.60 Bn by 2034

Integrated Marine Automation System Market Size, Share & Growth Projections

According to market projections, the global integrated marine automation system market, valued at USD 6.63 billion in 2024, is anticipated to reach USD 15.60 billion by 2034, growing at a CAGR of 8.93% over the next decade. Asia Pacific dominates the marine automation system market driven by rapid shipbuilding growth, while North America sees strong growth from rising defense spending. Hardware and vessel management segments lead due to high tech adoption and automation demand.

Integrated Marine Automation Systems Market Size, Competitive Insights and Strategic Outlook

The integrated marine automation system market is predicted to expand from USD 7.23 billion in 2025 to USD 15.60 billion by 2034, growing at a CAGR of 8.93% during the forecast period from 2025 to 2034.

Integrated Marine Automation System Market Size 2024 - 2034

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Introduction

The integrated marine automation system market is a crucial segment of the marine industry. This industry deals in the development and distribution of automation solutions for the marine sector. There are various types of solutions developed in this sector comprising of vessel management system, power management system, safety system and some others. These systems consist of several components including hardware, software, services and others. The end-users of these solutions include commercial sector and defense sector. The increasing defense expenditure in different parts of the world has boosted the market growth. This market is expected to rise significantly with the growth of the defense sector around the globe.

Western Europe Military Expenditure in USD Billion (2020-23)

  • According to the SIPRI, the military expenditure of Western Europe in 2022 was around US$ 300.9 million that increased to US$ 321.6 million in 2023.

Highlights of the Integrated Marine Automation System Market

  • Asia Pacific held the largest share of the marine automation system market due to the rapid developments in the ship building industry in this region.
  • North America is expected to grow with a significant CAGR due to the rising defense expenditure in this region.
  • The hardware segment led the industry due to the growing application of CPUs and sensors in the marine sector.
  • The vessel management segment held the largest portion of the industry due to the surge in demand for automation solutions to enhance navigation and cargo handling.

Key Metrics and Overview

Metric Details
Market Size in 2024 USD 6.63 Billion
Projected Market Size in 2034 USD 15.60 Billion
CAGR (2025 - 2034) 8.93%
Leading Region Asia Pacific
Market Segmentation By Offering, By Solution, By End Use and By Region
Top Key Players L3Harris Technologies, Inc., Moxa Inc., SEAM AS, Jason Marine Group, Kongsberg Gruppen ASA, Siemens AG, Thales Group

Integrated Marine Automation System: Stats and Figures

  • According to the Ministry of Ports, Shipping and Waterways, the government of India announced that the cargo traffic in India reached 819 million tons in 2024.
  • According to the UNCTAD, the global maritime trade grew by 2.3% in 2023 as compared to the previous year.
  • According to the Eurostat, around 2.2 million vessels entered the European ports in 2023.
  • According to the government of UK, the total maritime freight tonnage reached 108.3 million tons in December 2024.

Industry Leader Announcement

In June 2023, Erik Korssjoen, the Product Director Vessel Control Systems at Kongsberg Maritime made an announcement stating that, “ K-Chief is a popular and proven automation platform, and this latest version combines the strengths of our existing platforms to provide shipowners and operators with a better technical and operational solution, and improved integration when they’re selecting more than one system from Kongsberg, it provides the basis for one common platform on board the ship to integrate the Kongsberg equipment. For the crew, this simplifies operations making their job more efficient, easier and safer.”

Geographical Insights

Asia Pacific held the largest share of the integrated marine automation system market. The rising development in the shipbuilding industry in countries such as South Korea, India, China and some others has boosted the market expansion. Also, several government initiatives aimed at developing the marine sector along with technological advancements in shipbuilding industry is crucial for the industrial growth. Moreover, the presence of various market players such as Samsung Heavy Industries, Mitsubishi Heavy Industries, Ltd, Sumitomo Heavy Industries, Ltd and some others is projected to boost the market growth in this region.

Competitive Landscape

Integrated Marine Automation System Market Companies

The integrated marine automation system market is a developed industry with the presence of several dominating players. Some of the prominent companies in this industry consists of L3Harris Technologies, Inc., Moxa Inc., SEAM AS, Jason Marine Group, Kongsberg Gruppen ASA, Siemens AG, Thales Group, Ulstein Group ASA and some others. These companies are constantly engaged in developing automation systems for the marine sector and adopting numerous strategies to maintain their dominant position in this industry.

L3 Harris Revenue in USD Million (2023-24)

  • According to the annual report of L3 Harris, the revenue of the company in 2023 was US$ 19419 million in 2023 that increased to US$ 21325 million in 2024.

Integrated Marine Automation System Market Segments

By Offering

  • Hardware
  • Software

By Solution

  • Vessel Management
  • Power Management
  • Safety System
  • Others

By End Use

  • Commerce
  • Defense

By Region

  • North Americ
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
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  • Insight Code: 1708
  • No. of Pages: 150
  • Format: PDF/PPT/Excel
  • Last Updated: 09 April 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

About The Author

Dr. Arjun Patel is a distinguished expert in the automotive industry, holding advanced degrees in Automotive Engineering and Mechanical Engineering. His expertise spans automotive market dynamics, technological advancements, and sustainable practices. Dr. Patel excels in conducting in depth research and analysis on market trends, consumer preferences, and the economic implications within the automotive sector. He is renowned for his insightful publications on topics such as electric vehicles, autonomous driving technologies, and the evolution of sustainable transportation solutions. Dr. Patels research contributions have significantly advanced understanding in the field, earning him recognition as a leading authority in automotive research and analysis.

FAQ's

The integrated marine automation system market was valued at USD 7.23 billion in 2025.

Asia Pacific dominated this industry.

The rising integration of IoT in ships along with technological advancements in shipbuilding industry has boosted the market growth.

Some of the prominent players of this industry consists of Jason Marine Group, Kongsberg Gruppen ASA, L3Harris Technologies, Inc., Moxa Inc., SEAM AS, Siemens AG, Thales Group, Ulstein Group ASA and some others.

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