Marine Communication Market Analysis and Forecast to 2032: By Product (Marine Radio Services, Marine Multifunction Displays (MFDs), Automatic Identification Systems (AIS), Vessel Monitoring System (VMS) Terminals, Marine Radars, VHF Data Exchange System (VDES), Maritime Sat Phone & Internet Devices, Others), Application (Merchant Shipping, Fishing, Passenger Ships, Leisure Vessel, Government, Others), Services (Consulting Services, Integration & Installation Services, After-sales Support & Maintenance Services), and Region
The Marine Communication Market size was USD 4389.4 Million in 2022 and it is anticipated to grow over USD 9342.7 Million by 2032, at a CAGR of over 7.8% during the forecast period.
Marine communication is the process of exchanging information between vessels and other maritime stakeholders using radio, visual, and other means. The primary purpose of marine communication is to ensure the safety of vessels and personnel at sea. Marine communication also plays an important role in maritime navigation and environmental protection.
There are a variety of marine communication systems in use today, including the International Maritime Organization’s (IMO) Global Maritime Distress and Safety System (GMDSS), which is a comprehensive set of radio communication protocols and procedures that are used to ensure the safety of maritime vessels and personnel. Other marine communication systems include the Vessel Traffic Service (VTS), which is used to manage vessel traffic in congested waterways, and the Automatic Identification System (AIS), which is used to track the location and movements of vessels at sea.
Key Trends
Some key trends in marine communication technology include the development of more powerful and sophisticated satellite communication systems, the use of social media and other digital platforms for maritime communications, and the increasing use of big data and analytics to improve maritime communication systems.
One of the most significant trends in marine communication technology is the increasing use of satellite communication systems. Satellite communication systems allow vessels to stay in contact with each other and with shore-based facilities even when they are out of range of traditional terrestrial communication systems.
Another trend is the use of social media and other digital platforms for maritime communications. Social media platforms such as Twitter and Facebook are being used by maritime organizations to communicate with their customers and stakeholders.
Key Drivers
Some of the key drivers of the marine communication market include the need for real-time data, the demand for higher data rates, and the need for more reliable communication.
The increasing demand for maritime applications, such as ship-to-shore communication, vessel traffic management, and maritime security, is also driving the growth of the marine communication market.
Restraints & Challenges
The key restraints and challenges in the Marine Communication market include the high cost of installation and maintenance, the need for specialized skills and knowledge for effective operation, and the potential for interference with other communication systems.
Additionally, the marine environment is harsh and can be unpredictable, making communication systems vulnerable to damage or failure.
Market Segments
The Marine Communication market has been segmented into Product, Application, Services, and Region. Based on the Product, the Marine Communication market is segmented into Marine Radio Services, Marine Multifunction Displays (MFDs), Automatic Identification Systems (AIS), Vessel Monitoring System (VMS) Terminals, Marine Radars, VHF Data Exchange System (VDES), Maritime Sat Phone & Internet Devices, and Others. On the basis of Application, the market is segmented into Merchant Shipping, Fishing, Passenger Ships, Leisure Vessel, Government, and Others. Based on Services, the market is segmented into Consulting Services, Integration & Installation Services, and After-sales Support & Maintenance Services. Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and the Rest of the World.
Key Players
Some of the key players of Marine Communication market are AVATEC Marine (Estonia), Cobham Limited (UK), FURUNO ELECTRIC CO., LTD. (Japan), Garmin Ltd. (US), Icom Incorporated (Japan), Inmarsat Global Limited (UK), Intellian Technologies, Inc. (South Korea), Jotron AS (Norway), Mobica Limited (UK), and Navico Group (Brunswick Corporation) (US).
Marine Communication Market Report Coverage
- The report offers a comprehensive quantitative as well as qualitative analysis of the current Marine Communication Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
- The report also covers qualitative as well as quantitative analysis of Marine Communication Market in terms of revenue ($Million).
- Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Marine Communication Industry.
- A thorough analysis of market trends and restraints is provided.
- By region as well as country market analysis is also presented in this report.
- Analytical depiction of the Marine Communication Market along with the current trends and future estimations to depict imminent investment pockets. The overall Marine Communication industry opportunity is examined by understanding profitable trends to gain a stronger foothold.
- Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Marine Communication Market are also analyzed.
Table of Contents
Chapter 1. Marine Communication Market Overview
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Limitations
1.4. Research Methodologies
1.4.1. Secondary Research
1.4.2. Market Size Estimation Technique
1.4.3. Forecasting
1.4.4. Primary Research and Data Validation
Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market
Chapter 3. Premium Insights on the Market
3.1. Market Attractiveness Analysis, by Region
3.2. Market Attractiveness Analysis, by Product
3.3. Market Attractiveness Analysis, by Application
3.4. Market Attractiveness Analysis, by Services
Chapter 4. Marine Communication Market Outlook
4.1. Marine Communication Market Segmentation
4.2. Market Dynamics
4.2.1. Market Drivers
4.2.1.1. Driver 1
4.2.1.2. Driver 2
4.2.1.3. Driver 3
4.2.2. Market Restraints
4.2.2.1. Restraint 1
4.2.2.2. Restraint 2
4.2.3. Market Opportunities
4.2.3.1. Opportunity 1
4.2.3.2. Opportunity 2
4.3. Porter’s Five Forces Analysis
4.3.1. Threat of New Entrants
4.3.2. Threat of Substitutes
4.3.3. Bargaining Power of Buyers
4.3.4. Bargaining Power of Supplier
4.3.5. Competitive Rivalry
4.4. PESTLE Analysis
4.5. Value Chain Analysis
4.5.1. Raw Material Suppliers
4.5.2. Manufacturers
4.5.3. Wholesalers and/or Retailers
4.6. Impact of COVID-19 on the Marine Communication Market
4.7. Impact of the Russia and Ukraine War on the Marine Communication Market
4.8. Case Study Analysis
4.9. Pricing Analysis
Chapter 5. Marine Communication Market, by Product
5.1. Market Overview
5.2. Marine Radio Services
5.2.1. Key Market Trends & Opportunity Analysis
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Size and Forecast, by Type
5.2.3.1. Fixed-mount VHF Marine Radios
5.2.3.2. Handheld Marine VHF Radios
5.2.3.3. MF/HF Radios
5.3. Marine Multifunction Displays (MFDs)
5.3.1. Key Market Trends & Opportunity Analysis
5.3.2. Market Size and Forecast, by Region
5.4. Automatic Identification Systems (AIS)
5.4.1. Key Market Trends & Opportunity Analysis
5.4.2. Market Size and Forecast, by Region
5.4.3. Market Size and Forecast, by Type
5.4.3.1. AIS Transponders
5.4.3.2. AIS Receivers
5.5. Vessel Monitoring System (VMS) Terminals
5.5.1. Key Market Trends & Opportunity Analysis
5.5.2. Market Size and Forecast, by Region
5.6. Marine Radars
5.6.1. Key Market Trends & Opportunity Analysis
5.6.2. Market Size and Forecast, by Region
5.7. VHF Data Exchange System (VDES)
5.7.1. Key Market Trends & Opportunity Analysis
5.7.2. Market Size and Forecast, by Region
5.8. Maritime Sat Phone & Internet Devices
5.8.1. Key Market Trends & Opportunity Analysis
5.8.2. Market Size and Forecast, by Region
5.9. Others
5.9.1. Key Market Trends & Opportunity Analysis
5.9.2. Market Size and Forecast, by Region
Chapter 6. Marine Communication Market, by Application
6.1. Market Overview
6.2. Merchant Shipping
6.2.1. Key Market Trends & Opportunity Analysis
6.2.2. Market Size and Forecast, by Region
6.3. Fishing
6.3.1. Key Market Trends & Opportunity Analysis
6.3.2. Market Size and Forecast, by Region
6.4. Passenger Ships
6.4.1. Key Market Trends & Opportunity Analysis
6.4.2. Market Size and Forecast, by Region
6.5. Leisure Vessel
6.5.1. Key Market Trends & Opportunity Analysis
6.5.2. Market Size and Forecast, by Region
6.6. Government
6.6.1. Key Market Trends & Opportunity Analysis
6.6.2. Market Size and Forecast, by Region
6.7. Others
6.7.1. Key Market Trends & Opportunity Analysis
6.7.2. Market Size and Forecast, by Region
Chapter 7. Marine Communication Market, by Services
7.1. Market Overview
7.2. Consulting Services
7.2.1. Key Market Trends & Opportunity Analysis
7.2.2. Market Size and Forecast, by Region
7.3. Integration & Installation Services
7.3.1. Key Market Trends & Opportunity Analysis
7.3.2. Market Size and Forecast, by Region
7.4. After-sales Support & Maintenance Services
7.4.1. Key Market Trends & Opportunity Analysis
7.4.2. Market Size and Forecast, by Region
Chapter 8. Marine Communication Market, by Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. North America Marine Communication Market Size and Forecast, by Product
8.2.3. North America Marine Communication Market Size and Forecast, by Services
8.2.4. North America Marine Communication Market Size and Forecast, by Application
8.2.5. North America Marine Communication Market Size and Forecast, by Country
8.2.6. The U.S.
8.2.6.1. The U.S. Marine Communication Market Size and Forecast, by Product
8.2.6.2. The U.S. Marine Communication Market Size and Forecast, by Services
8.2.6.3. The U.S. Marine Communication Market Size and Forecast, by Application
8.2.7. Canada
8.2.7.1. Canada Marine Communication Market Size and Forecast, by Product
8.2.7.2. Canada Marine Communication Market Size and Forecast, by Services
8.2.7.3. Canada Marine Communication Market Size and Forecast, by Application
8.2.8. Mexico
8.2.8.1. Mexico Marine Communication Market Size and Forecast, by Product
8.2.8.2. Mexico Marine Communication Market Size and Forecast, by Services
8.2.8.3. Mexico Marine Communication Market Size and Forecast, by Application
8.3. Europe
8.3.1. Key Market Trends and Opportunities
8.3.2. Europe Marine Communication Market Size and Forecast, by Product
8.3.3. Europe Marine Communication Market Size and Forecast, by Services
8.3.4. Europe Marine Communication Market Size and Forecast, by Application
8.3.5. Europe Marine Communication Market Size and Forecast, by Country
8.3.6. The U.K.
8.3.6.1. The U.K. Marine Communication Market Size and Forecast, by Product
8.3.6.2. The U.K. Marine Communication Market Size and Forecast, by Services
8.3.6.3. The U.K. Marine Communication Market Size and Forecast, by Application
8.3.7. Germany
8.3.7.1. Germany Marine Communication Market Size and Forecast, by Product
8.3.7.2. Germany Marine Communication Market Size and Forecast, by Services
8.3.7.3. Germany Marine Communication Market Size and Forecast, by Application
8.3.8. France
8.3.8.1. France Marine Communication Market Size and Forecast, by Product
8.3.8.2. France Marine Communication Market Size and Forecast, by Services
8.3.8.3. France Marine Communication Market Size and Forecast, by Application
8.3.9. Spain
8.3.9.1. Spain Marine Communication Market Size and Forecast, by Product
8.3.9.2. Spain Marine Communication Market Size and Forecast, by Services
8.3.9.3. Spain Marine Communication Market Size and Forecast, by Application
8.3.10. Italy
8.3.10.1. Italy Marine Communication Market Size and Forecast, by Product
8.3.10.2. Italy Marine Communication Market Size and Forecast, by Services
8.3.10.3. Italy Marine Communication Market Size and Forecast, by Application
8.3.11. Netherlands
8.3.11.1. Netherlands Marine Communication Market Size and Forecast, by Product
8.3.11.2. Netherlands Marine Communication Market Size and Forecast, by Services
8.3.11.3. Netherlands Marine Communication Market Size and Forecast, by Application
8.3.12. Sweden
8.3.12.1. Sweden Marine Communication Market Size and Forecast, by Product
8.3.12.2. Sweden Marine Communication Market Size and Forecast, by Services
8.3.12.3. Sweden Marine Communication Market Size and Forecast, by Application
8.3.13. Switzerland
8.3.13.1. Switzerland Marine Communication Market Size and Forecast, by Product
8.3.13.2. Switzerland Marine Communication Market Size and Forecast, by Services
8.3.13.3. Switzerland Marine Communication Market Size and Forecast, by Application
8.3.14. Denmark
8.3.14.1. Denmark Marine Communication Market Size and Forecast, by Product
8.3.14.2. Denmark Marine Communication Market Size and Forecast, by Services
8.3.14.3. Denmark Marine Communication Market Size and Forecast, by Application
8.3.15. Finland
8.3.15.1. Finland Marine Communication Market Size and Forecast, by Product
8.3.15.2. Finland Marine Communication Market Size and Forecast, by Services
8.3.15.3. Finland Marine Communication Market Size and Forecast, by Application
8.3.16. Russia
8.3.16.1. Russia Marine Communication Market Size and Forecast, by Product
8.3.16.2. Russia Marine Communication Market Size and Forecast, by Services
8.3.16.3. Russia Marine Communication Market Size and Forecast, by Application
8.3.17. Rest of Europe
8.3.17.1. Rest of Europe Marine Communication Market Size and Forecast, by Product
8.3.17.2. Rest of Europe Marine Communication Market Size and Forecast, by Services
8.3.17.3. Rest of Europe Marine Communication Market Size and Forecast, by Application
8.4. Asia-Pacific
8.4.1. Key Market Trends and Opportunities
8.4.2. Asia-Pacific Marine Communication Market Size and Forecast, by Country
8.4.3. Asia-Pacific Marine Communication Market Size and Forecast, by Product
8.4.4. Asia-Pacific Marine Communication Market Size and Forecast, by Services
8.4.5. Asia-Pacific Marine Communication Market Size and Forecast, by Application
8.4.6. China
8.4.6.1. China Marine Communication Market Size and Forecast, by Product
8.4.6.2. China Marine Communication Market Size and Forecast, by Services
8.4.6.3. China Marine Communication Market Size and Forecast, by Application
8.4.7. India
8.4.7.1. India Marine Communication Market Size and Forecast, by Product
8.4.7.2. India Marine Communication Market Size and Forecast, by Services
8.4.7.3. India Marine Communication Market Size and Forecast, by Application
8.4.8. Japan
8.4.8.1. Japan Marine Communication Market Size and Forecast, by Product
8.4.8.2. Japan Marine Communication Market Size and Forecast, by Services
8.4.8.3. Japan Marine Communication Market Size and Forecast, by Application
8.4.9. South Korea
8.4.9.1. South Korea Marine Communication Market Size and Forecast, by Product
8.4.9.2. South Korea Marine Communication Market Size and Forecast, by Services
8.4.9.3. South Korea Marine Communication Market Size and Forecast, by Application
8.4.10. Australia
8.4.10.1. Australia Marine Communication Market Size and Forecast, by Product
8.4.10.2. Australia Marine Communication Market Size and Forecast, by Services
8.4.10.3. Australia Marine Communication Market Size and Forecast, by Application
8.4.11. Singapore
8.4.11.1. Singapore Marine Communication Market Size and Forecast, by Product
8.4.11.2. Singapore Marine Communication Market Size and Forecast, by Services
8.4.11.3. Singapore Marine Communication Market Size and Forecast, by Application
8.4.12. Indonesia
8.4.12.1. Indonesia Marine Communication Market Size and Forecast, by Product
8.4.12.2. Indonesia Marine Communication Market Size and Forecast, by Services
8.4.12.3. Indonesia Marine Communication Market Size and Forecast, by Application
8.4.13. Taiwan
8.4.13.1. Taiwan Marine Communication Market Size and Forecast, by Product
8.4.13.2. Taiwan Marine Communication Market Size and Forecast, by Services
8.4.13.3. Taiwan Marine Communication Market Size and Forecast, by Application
8.4.14. Malaysia
8.4.14.1. Malaysia Marine Communication Market Size and Forecast, by Product
8.4.14.2. Malaysia Marine Communication Market Size and Forecast, by Services
8.4.14.3. Malaysia Marine Communication Market Size and Forecast, by Application
8.4.15. Rest of APAC
8.4.15.1. Rest of APAC Marine Communication Market Size and Forecast, by Product
8.4.15.2. Rest of APAC Marine Communication Market Size and Forecast, by Services
8.4.15.3. Rest of APAC Marine Communication Market Size and Forecast, by Application
8.5. Rest of The World
8.5.1. Key Market Trends and Opportunities
8.5.2. Rest of The World Marine Communication Market Size and Forecast, by Product
8.5.3. Rest of The World Marine Communication Market Size and Forecast, by Services
8.5.4. Rest of The World Marine Communication Market Size and Forecast, by Application
8.5.5. Rest of The World Marine Communication Market Size and Forecast, by Country
8.5.6. Latin America
8.5.6.1. Latin America Marine Communication Market Size and Forecast, by Product
8.5.6.2. Latin America Marine Communication Market Size and Forecast, by Services
8.5.6.3. Latin America Marine Communication Market Size and Forecast, by Application
8.5.7. Middle East
8.5.7.1. Middle East Marine Communication Market Size and Forecast, by Product
8.5.7.2. Middle East Marine Communication Market Size and Forecast, by Services
8.5.7.3. Middle East Marine Communication Market Size and Forecast, by Application
8.5.8. Africa
8.5.8.1. Africa Marine Communication Market Size and Forecast, by Product
8.5.8.2. Africa Marine Communication Market Size and Forecast, by Services
8.5.8.3. Africa Marine Communication Market Size and Forecast, by Application
Chapter 9. Competitive Landscape
9.1. Market Overview
9.2. Market Share Analysis/Key Player Positioning
9.3. Developmental Strategy Benchmarking
9.3.1. New Product Development
9.3.2. Product Launches
9.3.3. Business Expansions
9.3.4. Partnerships, Joint Ventures, And Collaborations
9.3.5. Mergers And Acquisitions
Chapter 10. Company Profiles
10.1. AVATEC Marine (Estonia)
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Product Offerings
10.1.4. Key Strategic Initiatives
10.1.5. SWOT Analysis
10.2. Cobham Limited (UK)
10.2.1. Company Snapshot
10.2.2. Financial Performance
10.2.3. Product Offerings
10.2.4. Key Strategic Initiatives
10.2.5. SWOT Analysis
10.3. FURUNO ELECTRIC CO., LTD. (Japan)
10.3.1. Company Snapshot
10.3.2. Financial Performance
10.3.3. Product Offerings
10.3.4. Key Strategic Initiatives
10.3.5. SWOT Analysis
10.4. Garmin Ltd. (US)
10.4.1. Company Snapshot
10.4.2. Financial Performance
10.4.3. Product Offerings
10.4.4. Key Strategic Initiatives
10.4.5. SWOT Analysis
10.5. Icom Incorporated (Japan)
10.5.1. Company Snapshot
10.5.2. Financial Performance
10.5.3. Product Offerings
10.5.4. Key Strategic Initiatives
10.5.5. SWOT Analysis
10.6. Inmarsat Global Limited (UK)
10.6.1. Company Snapshot
10.6.2. Financial Performance
10.6.3. Product Offerings
10.6.4. Key Strategic Initiatives
10.6.5. SWOT Analysis
10.7. Intellian Technologies, Inc. (South Korea)
10.7.1. Company Snapshot
10.7.2. Financial Performance
10.7.3. Product Offerings
10.7.4. Key Strategic Initiatives
10.7.5. SWOT Analysis
10.8. Jotron AS (Norway)
10.8.1. Company Snapshot
10.8.2. Financial Performance
10.8.3. Product Offerings
10.8.4. Key Strategic Initiatives
10.8.5. SWOT Analysis
10.9. Mobica Limited (UK)
10.9.1. Company Snapshot
10.9.2. Financial Performance
10.9.3. Product Offerings
10.9.4. Key Strategic Initiatives
10.9.5. SWOT Analysis
10.10. Navico Group (Brunswick Corporation) (US)
10.10.1. Company Snapshot
10.10.2. Financial Performance
10.10.3. Product Offerings
10.10.4. Key Strategic Initiatives
10.10.5. SWOT Analysis
*The List of Company Is Subject To Change During The Final Compilation of The Report
Key Players
- AVATEC Marine (Estonia)
- Cobham Limited (UK)
- FURUNO ELECTRIC CO., LTD. (Japan)
- Garmin Ltd. (US)
- Icom Incorporated (Japan)
- Inmarsat Global Limited (UK)
- Intellian Technologies, Inc. (South Korea)
- Jotron AS (Norway)
- Mobica Limited (UK)
- Navico Group (Brunswick Corporation) (US)
Market Segments
By Product
- Marine Radio Services
- Fixed-mount VHF Marine Radios
- Handheld Marine VHF Radios
- MF/HF Radios
- Marine Multifunction Displays (MFDs)
- Automatic Identification Systems (AIS)
- AIS Transponders
- AIS Receivers
- Vessel Monitoring System (VMS) Terminals
- Marine Radars
- VHF Data Exchange System (VDES)
- Maritime Sat Phone & Internet Devices
- Others
By Application
- Merchant Shipping
- Fishing
- Passenger Ships
- Leisure Vessel
- Government
- Others
By Services
- Consulting Services
- Integration & Installation Services
- After-sales Support & Maintenance Services
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The U.K.
- Germany
- France
- Spain
- Italy
- Netherlands
- Sweden
- Switzerland
- Denmark
- Finland
- Russia
- Rest of Europe
- The Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Indonesia
- Taiwan
- Malaysia
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- The Middle East
- Africa