ARC Advisory Group research on the global Marine Automation Systems market reveals that, as seaborne world trade and other maritime activities increase, new automation and digital technologies are being harnessed within the maritime industry. The latest marine automation systems can improve vessel connectivity, enhance efficiency, and improve safety and competitiveness by reducing the number of on-board crewmembers required to operate vessels safely and in compliance with maritime laws and regulations. “The rapid growth of digitalization has emerged as a megatrend within the maritime sector,” according to Rex Sun, Analyst at ARC Advisory Group and key author of ARC’s Marine Automation Systems Global Market Research report.
“New digital solutions leverage Internet of Things (IoT) technology, new on-board or cloud applications, and digital twins.” Automation systems provide the backbone to transform the industry to achieve highly automated operations for new ships or to modernize older vessels, said Sun. The need for highly automated and thus minimally manned operations is particularly relevant today in light of the global COVID-19 pandemic, he added. The ARC research explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the marine automation systems market. The research includes five-year market forecasts by region, product segmentation, automation system type, and vessel type.
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