Marine Engine Monitoring System Market Analysis APAC, Europe, North America, South America, Middle East and Africa - US, China, Japan, Germany, UK - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 160 SKU: IRTNTR73785

Marine Engine Monitoring System Market Forecast 2023-2027

The  system market size is forecast to increase by USD 132.58 million at a CAGR of 4.09% between 2022 and 2027. The growth of the market depends on several factors such as the growing number of naval vessels, the need to reduce overall operational expenses, and the growing importance of big data analytics.

What will be the size of the Market During the Forecast Period?

Market Forecast 2023-2027

To learn more about this report,  Request Free Sample

Market Segmentation

This report extensively covers market segmentation by application (commercial and naval) and product (propulsion and auxiliary). It also includes an in-depth analysis of drivers, trends, and challenges. 

Application Segment Analysis

The commercial segment will account for a major share of the market's growth during the forecast period. Commercial marine operations have trusted propulsion systems at sea, in rivers and lakes around the world. Numerous vendors including ABB, Caterpillar, and Mitsubishi, provide systems for commercial purposes. These include handling material, cargo, and vessels used in port operations.

Get a Customised Report as per your requirements for FREE!

The commercial segment was valued at USD 354.25 million in 2017. Some of the applications of systems in the commercial segment include twist lock, turnbuckle, and bottle screw lashing rods. These are predominant applications that will fuel the growth of marine engine capacity in the upcoming years. Hence these factors will fuel the growth of this segment of the market during the forecast period.  

Product Segment Analysis: 

Based on product, the market has been segmented into propulsion and auxiliary. The propulsion segment will account for the largest share of this segment.? They operate on fossil fuels like diesel or natural gas and are used to generate thrust for vessel movement. Propulsion engines however are shifting towards alternatives such as gas, gas turbine, dual-fuel, and hybrid engines to adhere to stringent marine and environmental regulations. They serve a number of applications including providing real-time data tracking information on exhaust temperatures, oil prices and water temperatures, engine power, and loads. Factors like increasing seaborne trade, integration of intelligent propulsion systems, and adoption of big data analytics will also increase demand for propulsion engines. Hence such factors will result in the market growth of this segment during the forecast period. 

Market Dynamics

Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market. Although there has been a disruption in the growth of the market during the COVID-19 pandemic, a holistic analysis of drivers, trends, and challenges will help companies refine marketing strategies to gain a competitive advantage.    

Driver: Growing number of naval vessels

Many countries are rethinking their defense strategies based on APAC, the Middle East, and Russia's uncertainties. Several countries are shifting towards sea-based defense and ensuring maritime security for the security of global trade and local economic resources. This is a positive sign for the global market. There are also increasing investments in the developments of auxiliaries such as oilers and supply shipbuilders for supporting a country's naval fleet. 

Moreover, increased naval capabilities will also help strengthen automation, cybersecurity, sensor integration, and related technologies. When it comes to regional markets, APAC will be the leader in acquiring new hulls and naval spending, and the Middle East and North Africa will also see significant naval investments. This will also increase demand for marine engines in these regions and result in increased market growth during the forecast period.

Trends: Advent of maritime autonomous surface ships (MASS)

Autonomous ships are self-driving vessels with automated systems, software, and IT solutions. There is a significant investment in its development by leading automation system providers and marine industrial vendors as it would help improve navigation marine safety and ship operations. However, their construction can cost about three to four times the cost of a traditional vessel, which seriously limits their commerciality. 

Furthermore, they have enhanced features like automated health monitoring and control algorithms which allow automation and help to reduce total operational expenditure. Despite numerous benefits, they are still in their nascent stage making it vague whether governments and the maritime industry would adopt it. Uncertainty of the reliability, safety, and security of the operation of autonomous ships and job loss due to automation is a concern for the maritime industry. Hence such factors are expected to hinder market growth during the forecast period. 

Challenge: Increased stringent regulations for marine engines

Marine engines mostly use diesel engines that emit nitrous oxides, particulate matter, carbon oxides, hydrocarbons, and sulfur oxides. These emissions cause ozone depletion and result in global warming. Hence several regulatory bodies address this such as the International Convention on the Prevention of Pollution from Ships, or MARPOL which governs marine pollution-related issues. Annex VI of the MARPOL convention deals with air pollution caused by marine vessels and mandates the usage of fuel with a sulfur content of 1% or lower.

Moreover, the North American Emission Control Area (ECA), which applies to ships within the US and Canada also has a set of regulatory requirements. For instance, they make it mandatory for diesel engines in US-flagged ships to have an Engine International Air Pollution Prevention (EIAPP) certificate issued by the Environmental Protection Agency (EPA). Moreover, ships must provide documents that prove compliance with fuel requirements, emission standards, etc. Such regulations will make operations for marine propulsion and auxiliary engine manufacturers challenging and hinder the growth of the market during the forecast period.

Regional Analysis

For more insights on the market share of various regions View PDF Sample now!

APAC is estimated to contribute 52% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period.  In APAC, the market is driven by factors such as rapid economic development and growth in the energy and manufacturing sectors. Maritime trade via container vessels and tankers is greatly preferred to transport oil and natural gas and ships to transport mineral ores. Trade agreements such as Regional Comprehensive Economic Partnership (RCEP) agreement, which includes China, South Korea, and Japan will boost bilateral trade. This will also increase the regional demand for propulsion and auxiliary engines. These countries are advancing the construction of modern vessels for the future and governments in these countries are also investing massively in them to promote bilateral and global trade. Additionally, the growing travel and tourism industry will also contribute to the growth of the market during the forecast period.

Who are the Major Marine Engine Monitoring System Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and new product launches /service launches, to enhance their presence in the market.

ABB Ltd. - The company offers systems such as Cylmate Pressure Transducer PFPL203, Cylmate angle transducer PMVG21, and Cylmate controller PFPA202.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:

Applied Satellite Technology Ltd., Caterpillar Inc., CMR Group, Cummins Inc., Emerson Electric Co., Hyundai Heavy Industries Co. Ltd., Jason Engineering AS, Kistler Holding AG, Kongsberg Gruppen ASA, KROHNE Messtechnik GmbH, Mitsubishi Heavy Industries Ltd., Monico Inc., NORIS Group GmbH, Rolls Royce Holdings Plc, Scania AB, Valmet Corp., Veethree Group, Volkswagen AG, and Wartsila Corp.

Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Market Analyst Overview

The global marine engine monitoring system market is experiencing significant growth driven by a range of factors including the emergence of smart engines, increased demand from various sectors such as recreational boats, maritime tourism, and merchant ships, and the necessity for onboard electronic monitoring systems. These systems play a crucial role in monitoring marine engine parameters like vibration, fuel usage, and potential damage, thereby enabling proactive maintenance expenses to minimize downtime. In addition to catering to commercial and industrial purposes, marine engine monitoring systems are gaining traction in the defense sector, where ship manufacturing companies are prioritizing the integration of advanced monitoring solutions to enhance ship efficiency and safety. Remote monitoring capabilities facilitate real-time data transmission, allowing for timely intervention and preventative measures.

The energy sector, particularly influenced by offshore oil and gas prices and shipping overcapacity leading to low freight rates, sees the adoption of marine engine monitoring systems as a means to optimize fuel economy and extend engine life. Propellers, essential components for vessel propulsion, also benefit from these advanced solutions, contributing to overall performance improvement. As the industry moves towards sustainable practices, the importance of advanced monitoring solutions becomes even more pronounced. These systems aid in reducing carbon emissions and pollutants, aligning with regulatory standards and industry initiatives for environmental stewardship. In conclusion, the global marine engine monitoring system market continues to evolve, driven by the increasing demand for efficiency, safety, and sustainability across various segments of the shipping industry.

Segment Overview

The  market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook (USD Million, 2017 - 2027)
    • Commercial
    • Naval
  • Product Outlook (USD Million, 2017 - 2027)
    • Propulsion
    • Auxiliary
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Argentina
      • Brazil
      • Chile

Marine Engine Monitoring System Market Scope

Report Coverage

Details

Page number

160

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.09%

Market growth 2023-2027

USD 132.58 million

Market structure

Fragmented

YoY growth 2022-2023(%)

3.05

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 52%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

 Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

ABB Ltd., Applied Satellite Technology Ltd., Caterpillar Inc., CMR Group, Cummins Inc., Emerson Electric Co., Hyundai Heavy Industries Co. Ltd., Jason Engineering AS, Kistler Holding AG, Kongsberg Gruppen ASA, KROHNE Messtechnik GmbH, Mitsubishi Heavy Industries Ltd., Monico Inc., NORIS Group GmbH, Rolls Royce Holdings Plc, Scania AB, Valmet Corp., Veethree Group, Volkswagen AG, and Wartsila Corp.

Market dynamics

Parent market analysis,Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our market analysis and report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request PDF sample

What are the Key Data Covered in this Market Research and Growth Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting  between 2023 and 2027
  • Precise estimation of the size of the market and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market across APAC, Europe, North America, South America, and the Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market growth analysis of factors that will challenge the market growth and trends of market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global marine engine monitoring system market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global marine engine monitoring system market 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Product Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Commercial - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Commercial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Commercial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Commercial - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Commercial - Year-over-year growth 2022-2027 (%)
    • 6.4 Naval - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Naval - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Naval - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Naval - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Naval - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Application
      • Exhibit 42: Market opportunity by Application ($ million)
      • Exhibit 43: Data Table on Market opportunity by Application ($ million)

    7 Market Segmentation by Product

    • 7.1 Market segments
      • Exhibit 44: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on Product - Market share 2022-2027 (%)
    • 7.2 Comparison by Product
      • Exhibit 46: Chart on Comparison by Product
      • Exhibit 47: Data Table on Comparison by Product
    • 7.3 Propulsion - Market size and forecast 2022-2027
      • Exhibit 48: Chart on Propulsion - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Data Table on Propulsion - Market size and forecast 2022-2027 ($ million)
      • Exhibit 50: Chart on Propulsion - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on Propulsion - Year-over-year growth 2022-2027 (%)
    • 7.4 Auxiliary - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Auxiliary - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Auxiliary - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Auxiliary - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Auxiliary - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Product
      • Exhibit 56: Market opportunity by Product ($ million)
      • Exhibit 57: Data Table on Market opportunity by Product ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 59: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 60: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 61: Chart on Geographic comparison
      • Exhibit 62: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 63: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 64: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 83: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Japan - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.11 Germany - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.12 UK - Market size and forecast 2022-2027
      • Exhibit 99: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ million)
      • Exhibit 104: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 105: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 ABB Ltd.
              • Exhibit 111: ABB Ltd. - Overview
              • Exhibit 112: ABB Ltd. - Business segments
              • Exhibit 113: ABB Ltd. - Key news
              • Exhibit 114: ABB Ltd. - Key offerings
              • Exhibit 115: ABB Ltd. - Segment focus
            • 12.4 Applied Satellite Technology Ltd.
              • Exhibit 116: Applied Satellite Technology Ltd. - Overview
              • Exhibit 117: Applied Satellite Technology Ltd. - Product / Service
              • Exhibit 118: Applied Satellite Technology Ltd. - Key offerings
            • 12.5 Caterpillar Inc.
              • Exhibit 119: Caterpillar Inc. - Overview
              • Exhibit 120: Caterpillar Inc. - Business segments
              • Exhibit 121: Caterpillar Inc. - Key offerings
              • Exhibit 122: Caterpillar Inc. - Segment focus
            • 12.6 CMR Group
              • Exhibit 123: CMR Group - Overview
              • Exhibit 124: CMR Group - Product / Service
              • Exhibit 125: CMR Group - Key offerings
            • 12.7 Cummins Inc.
              • Exhibit 126: Cummins Inc. - Overview
              • Exhibit 127: Cummins Inc. - Business segments
              • Exhibit 128: Cummins Inc. - Key offerings
              • Exhibit 129: Cummins Inc. - Segment focus
            • 12.8 Emerson Electric Co.
              • Exhibit 130: Emerson Electric Co. - Overview
              • Exhibit 131: Emerson Electric Co. - Business segments
              • Exhibit 132: Emerson Electric Co. - Key news
              • Exhibit 133: Emerson Electric Co. - Key offerings
              • Exhibit 134: Emerson Electric Co. - Segment focus
            • 12.9 Hyundai Heavy Industries Co. Ltd.
              • Exhibit 135: Hyundai Heavy Industries Co. Ltd. - Overview
              • Exhibit 136: Hyundai Heavy Industries Co. Ltd. - Product / Service
              • Exhibit 137: Hyundai Heavy Industries Co. Ltd. - Key offerings
            • 12.10 Jason Engineering AS
              • Exhibit 138: Jason Engineering AS - Overview
              • Exhibit 139: Jason Engineering AS - Product / Service
              • Exhibit 140: Jason Engineering AS - Key offerings
            • 12.11 Kongsberg Gruppen ASA
              • Exhibit 141: Kongsberg Gruppen ASA - Overview
              • Exhibit 142: Kongsberg Gruppen ASA - Business segments
              • Exhibit 143: Kongsberg Gruppen ASA - Key news
              • Exhibit 144: Kongsberg Gruppen ASA - Key offerings
              • Exhibit 145: Kongsberg Gruppen ASA - Segment focus
            • 12.12 KROHNE Messtechnik GmbH
              • Exhibit 146: KROHNE Messtechnik GmbH - Overview
              • Exhibit 147: KROHNE Messtechnik GmbH - Product / Service
              • Exhibit 148: KROHNE Messtechnik GmbH - Key offerings
            • 12.13 Mitsubishi Heavy Industries Ltd.
              • Exhibit 149: Mitsubishi Heavy Industries Ltd. - Overview
              • Exhibit 150: Mitsubishi Heavy Industries Ltd. - Business segments
              • Exhibit 151: Mitsubishi Heavy Industries Ltd. - Key news
              • Exhibit 152: Mitsubishi Heavy Industries Ltd. - Key offerings
              • Exhibit 153: Mitsubishi Heavy Industries Ltd. - Segment focus
            • 12.14 NORIS Group GmbH
              • Exhibit 154: NORIS Group GmbH - Overview
              • Exhibit 155: NORIS Group GmbH - Product / Service
              • Exhibit 156: NORIS Group GmbH - Key offerings
            • 12.15 Rolls Royce Holdings Plc
              • Exhibit 157: Rolls Royce Holdings Plc - Overview
              • Exhibit 158: Rolls Royce Holdings Plc - Business segments
              • Exhibit 159: Rolls Royce Holdings Plc - Key news
              • Exhibit 160: Rolls Royce Holdings Plc - Key offerings
              • Exhibit 161: Rolls Royce Holdings Plc - Segment focus
            • 12.16 Volkswagen AG
              • Exhibit 162: Volkswagen AG - Overview
              • Exhibit 163: Volkswagen AG - Business segments
              • Exhibit 164: Volkswagen AG - Key offerings
              • Exhibit 165: Volkswagen AG - Segment focus
            • 12.17 Wartsila Corp.
              • Exhibit 166: Wartsila Corp. - Overview
              • Exhibit 167: Wartsila Corp. - Business segments
              • Exhibit 168: Wartsila Corp. - Key offerings
              • Exhibit 169: Wartsila Corp. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 170: Inclusions checklist
                • Exhibit 171: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 172: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 173: Research methodology
                • Exhibit 174: Validation techniques employed for market sizing
                • Exhibit 175: Information sources
              • 13.5 List of abbreviations
                • Exhibit 176: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              marine engine monitoring system market

              QUICK BUY

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis