The global integrated marine automation system market was valued at USD 3.58 billion in 2021 and is forecasted to expand from USD 3.84 billion in 2022 to USD 6.33 billion by 2029, reflecting a compound annual growth rate (CAGR) of 7.39% during the 2022-2029 period. Asia Pacific led the market, holding the largest share of 33.52% in 2021.

The integrated marine automation system is used to control and monitor the operations performed on a ship. Implementing these automated systems increases the operational efficiency and safety of marine vessels. Increasing demand for digitalization in the marine sector is expected to fuel the market during the projected period.

List of Key Players Profiled in Integrated Marine Automation System Market:

• ABB (Switzerland)
• Honeywell International, Inc. (U.S.)
• Rolls-Royce PLC (U.K.)
• Wartsila (Finland)
• Kongsberg (Norway)
• Siemens (Germany)
• Hyundai Heavy Industries (South Korea)
• General Electric (U.S.)
• Ingeteam (Spain)
• Emerson Electric Co. (U.S.)

Browse In-depth Summary of This Research Insight:

https://www.fortunebusinessinsights.com/integrated-marine-automation-system-market-106580

Segmentation: Integrated Marine Automation System Market

Vessel Management System to Dominate Market Due to Increased Adoption in Naval and Marine Sector

By product type, the market is bifurcated into hardware and software.