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Marine Telematics Market

Global Marine Telematics Market Size, Share, Trends, Growth: By Component: Hardware, Software; By Application: Passenger, Commercial, Defence; By Service: Diagnostics, Safety and Security, Information and Navigation, Entertainment; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

Global Marine Telematics Market Outlook

The global marine telematics market size is estimated to grow at a CAGR of 14.1% during 2024-2032. The market is being aided by the robust growth of the maritime sector and increasing focus on ensuring the safety and security of vessels.

 

Key Trends in the Market

Maritime telematics solutions play a crucial role in the shipping industry as they record information about a vessel and further send, process, and store the data through telecommunication. The technology is also used to monitor and control ships.

 

Marine telematics solutions are used in several applications, including shipping, boating, recreational fishing, and commercial fishing, among others. They share crucial information such as the level of fuel in tankers, water temperature, equipment functioning, pollutants, and other ship-related information in real-time to the concerned authorities.

 

  • The global marine telematics market growth is primarily driven by the robust growth of the maritime sector and the need for better operational efficiency. This is boosting the adoption of marine telematics to provide real-time data and ensure compliance with guidelines and regulations determined by international organisations.
  • An increase in globalisation and rising maritime trade are also positively impacting the marine telematics market demand. The use of maritime telematics helps ensure the safe movement of these ships loaded with commodities as it protects them from theft and piracy.
  • Marine telematics is used to detect and respond to emergencies, which helps to ensure the safety and security of the vessel and its crew. It also monitors the onboard systems and equipment and reports any ill contingency that might occur in the future.

In the forecast period, the deployment of this technology is expected to surge due to the increasing demand for real-time visibility of vessels among stakeholders and the growing focus on optimising route planning to reduce operational costs of ships.

 

Marine Telematics Market Segmentation

On the basis of component, the market is bifurcated into hardware and software. Based on application, the market is divided into passenger, commercial, and defence.

 

On the basis of service, the market is categorised into diagnostics, safety and security, information and navigation, and entertainment. The major regional markets for marine telematics include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global marine telematics market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

 

  • MetOcean Telematics
  • Omnitracs, LLC
  • Riverside Mfg., LLC
  • Ki2 Infotech 
  • Edge Telematics 
  • Boat Command 
  • Technoton 
  • Sentinel d.o.o.
  • Others

 

Market Share by Service

As per the marine telematics market analysis, the demand for marine telematics in safety and security services is significantly increasing. By monitoring activities in a ship, the technology also plays an essential role in preventing criminal activities, guarding assets, protecting citizens, and ensuring safe delivery of goods.

 

Besides, the integration of marine telematics with advanced technologies like the Internet of things (IoT) and artificial intelligence (AI) is anticipated to enhance its deployment in services like navigation due to their accuracy and precision in the coming years.

 

Market Share by Region

North America accounts for a considerable portion of the marine telematics market share as the US government is incorporating new techniques to optimise the supply chain and strengthen the maritime sector. Key players in the region are also partnering with different companies to adopt maritime telematics and leverage its benefits like real-time tracking.

 

For instance, in December 2022, Canadian boat manufacturer, Legend, entered a strategic partnership with Boat Fix, an American telematics provider, to offer customers services like monitoring and tracking, live alarm, theft applications, and mechanical helpline support assistance.

 

Meanwhile, the Asia Pacific is anticipated to witness a healthy growth in the coming years due to rising incidences of cargo thefts, surging the requirement for marine telematics features like active monitoring and GPS tracking.

 

Competitive Landscape

Edge Telematics deals in telematics related to the marine and aviation industries. It provides critical real-time vessel monitoring, ocean buoy tracking, and AIS data service for merchant fleets and commercial fishing boats travelling international waters. The company also offers a wide range of products, including EDGE 360 camera and sensor, Edge dashcam, Edge Alcolock, and others.

 

MetOcean Telematics is a global telemetry leader offering innovative voice, data, and web-based solutions. It provides complete end-to-end telematics services, with a focus on custom defence and security products. The company deals in different divisions, including satellite communications, the internet of things, environment, defence, and security.

 

Technoton was established in 2000 as a developer of automotive telematics and GPS tracking systems. It manufactures and develops GPS tracking devices, fuel level sensors, and fuel flow meters. Its products include DOT-E which is a fuel level sensor, and DFM which is a fuel and liquid flowmeter.

 

Other key marine telematics market players include Omnitracs LLC, Riverside Mfg, LLC., Ki2 Infotech, Boat Command, and Sentinel d.o.o., among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Component
  • Application
  • Service
  • Region
Breakup by Component
  • Hardware
  • Software
Breakup by Application
  • Passenger
  • Commercial
  • Defence
Breakup by Service
  • Diagnostics
  • Safety and Security
  • Information and Navigation
  • Entertainment
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • MetOcean Telematics
  • Omnitracs, LLC
  • Riverside Mfg., LLC
  • Ki2 Infotech 
  • Edge Telematics 
  • Boat Command 
  • Technoton 
  • Sentinel d.o.o.
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers    
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Marine Telematics Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Marine Telematics Historical Market (2018-2023) 
    8.3    Global Marine Telematics Market Forecast (2024-2032)
    8.4    Global Marine Telematics Market by Component
        8.4.1    Hardware
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Software
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Marine Telematics Market by Application
        8.5.1    Passenger
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Commercial
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Defence
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
    8.6    Global Marine Telematics Market by Service
        8.6.1    Diagnostics
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Safety and Security
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Information and Navigation
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Entertainment
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
    8.7    Global Marine Telematics Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Marine Telematics Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Marine Telematics Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Marine Telematics Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Marine Telematics Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Marine Telematics Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles 
        15.2.1    MetOcean Telematics 
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Omnitracs, LLC 
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Riverside Mfg., LLC  
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Ki2 Infotech 
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Edge Telematics 
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Boat Command 
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Technoton 
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    Sentinel d.o.o. 
            15.2.8.1    Company Overview
            15.2.8.2    Product Portfolio
            15.2.8.3    Demographic Reach and Achievements
            15.2.8.4    Certifications
        15.2.9    Others
16    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Marine Telematics Market: Key Industry Highlights, 2018 and 2032 
2.    Global Marine Telematics Historical Market: Breakup by Component (USD Billion), 2018-2023 
3.    Global Marine Telematics Market Forecast: Breakup by Component (USD Billion), 2024-2032 
4.    Global Marine Telematics Historical Market: Breakup by Application (USD Billion), 2018-2023
5.    Global Marine Telematics Market Forecast: Breakup by Application (USD Billion), 2024-2032 
6.    Global Marine Telematics Historical Market: Breakup by Service (USD Billion), 2018-2023
7.    Global Marine Telematics Market Forecast: Breakup by Service (USD Billion), 2024-2032 
8.    Global Marine Telematics Historical Market: Breakup by Region (USD Billion), 2018-2023
9.    Global Marine Telematics Market Forecast: Breakup by Region (USD Billion), 2024-2032 
10.    North America Marine Telematics Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    North America Marine Telematics Market Forecast: Breakup by Country (USD Billion), 2024-2032 
12.    Europe Marine Telematics Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Europe Marine Telematics Market Forecast: Breakup by Country (USD Billion), 2024-2032 
14.    Asia Pacific Marine Telematics Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Asia Pacific Marine Telematics Market Forecast: Breakup by Country (USD Billion), 2024-2032 
16.    Latin America Marine Telematics Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Latin America Marine Telematics Market Forecast: Breakup by Country (USD Billion), 2024-2032 
18.    Middle East and Africa Marine Telematics Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Middle East and Africa Marine Telematics Market Forecast: Breakup by Country (USD Billion), 2024-2032 
20.    Global Marine Telematics Market Structure

Key Questions Answered in the Report

What is the growth rate of the global marine telematics market?

The market is estimated to grow at a CAGR of 14.1% between 2024 and 2032.

What are the major marine telematics market drivers?

The market is being driven by the robust growth of the maritime sector and the increasing deployment of marine telematics to ensure the safety of vessels.

What are the key marine telematics market trends?

The key trends aiding the market expansion are the growing need to increase operational efficiency of ships and ocean carriers and increasing maritime transport activities.

What are the major regional markets of marine telematics, according to the EMR report?

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the major components of maritime telematics?

The major components are hardware and software.

What are the various applications of marine telematics?

The various applications of marine telematics are passenger, commercial, and defence.

What are the different services available in the market?

The major services include diagnostics, safety and security, information and navigation, and entertainment.

Who are the key players, according to the global marine telematics market report?

The major players in the market are MetOcean Telematics, Omnitracs, LLC, Riverside Mfg., LLC, Ki2 Infotech, Edge Telematics, Boat Command, Technoton, and Sentinel d.o.o., among others.

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