The Europe Maritime Digitization Market would witness market growth of 9.1% CAGR during the forecast period (2022-2028).
The widespread use of the internet, advancements in digital technology, and satellite communications have made multimodal maritime logistics networks transparent and connected. This is a crucial component of success for many businesses in the manufacturing and service sectors. Digital technologies have advanced into IT delivery models, pervasive computing (for example, IoT), mobile computing, blockchain, digital twins, robotics, virtual augmented & mixed reality, real-time data & related tools (for example big data), autonomous vessels & vehicles in ports.
For the past 20 years, merchant ships have already been outfitted with sensors that continuously update position, speed, and direction. This offers a hugely beneficial source for big data-based predictive analytics, which in turn provides information on the status of the supply chain. In addition, the technologies cater to various needs of various maritime logistics sector areas. IoT, for instance, enables the monitoring of every cargo management and activity within logistics centers to act quickly to address accidents or bottlenecks.
One of the major ports in Europe, the Port of Rotterdam is reputed to have the finest port infrastructure globally. This is due to the port authority's early decision to digitize operations and concentrate on accomplishing sustainable development objectives like paperless trade, etc. These procedures result in substantial cost reductions and increased operational effectiveness. Moreover, the Netherlands is regarded as the first country on the planet to have created an automated terminal without a human operator and a crane quay without a human operator. The Port of Rotterdam continues to be the center of European maritime trade and aspires to serve as a focal point for Industry 4.0 in the region. Therefore, in the coming years, the region presents enormous growth potential for the advancement of the maritime digitization market.
The Germany market dominated the Europe Maritime Digitization Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $18,265.9 Million by 2028. The UK market is anticipated to grow at a CAGR of 8.2% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 10% during (2022 - 2028).
Based on Application, the market is segmented into Fleet Management, Vessel Management, Inventory Management, Energy Management, and Predictive Maintenance. Based on End User, the market is segmented into Ports & Terminals, Shipping Companies, and Maritime Freight Forwarders. Based on Technology, the market is segmented into IoT, AI, Blockchain, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Maritime Digitization Market will Hit $266.5 Billion by 2028, at a CAGR of 9.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Windward Ltd., Inmarsat Global Limited (Connect Bidco Limited), Lockheed Martin Corporation, Spire Global, Inc., Iridium Communications Inc., Orbcomm, Inc. (GI Partners L.P.), MariApps Marine Solutions Pte Ltds (Schulte Group), Marine Solutionz Ship Management Pvt. Ltd., xyzt.ai BV, and Perle Systems Inc.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Fleet Management
- Vessel Management
- Inventory Management
- Energy Management
- Predictive Maintenance
By End User
- Ports & Terminals
- Shipping Companies
- Maritime Freight Forwarders
By Technology
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Windward Ltd.
- Inmarsat Global Limited (Connect Bidco Limited)
- Lockheed Martin Corporation
- Spire Global, Inc.
- Iridium Communications Inc.
- Orbcomm, Inc. (GI Partners L.P.)
- MariApps Marine Solutions Pte Ltds (Schulte Group)
- Marine Solutionz Ship Management Pvt. Ltd.
- xyzt.ai BV
- Perle Systems Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Maritime Digitization Market, by Application
1.4.2 Europe Maritime Digitization Market, by End User
1.4.3 Europe Maritime Digitization Market, by Technology
1.4.4 Europe Maritime Digitization Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Maritime Digitization Market by Application
3.1 Europe Fleet Management Market by Country
3.2 Europe Vessel Management Market by Country
3.3 Europe Inventory Management Market by Country
3.4 Europe Energy Management Market by Country
3.5 Europe Predictive Maintenance Market by Country
Chapter 4. Europe Maritime Digitization Market by End User
4.1 Europe Ports & Terminals Market by Country
4.2 Europe Shipping Companies Market by Country
4.3 Europe Maritime Freight Forwarders Market by Country
Chapter 5. Europe Maritime Digitization Market by Technology
5.1 Europe IoT Market by Country
5.2 Europe AI Market by Country
5.3 Europe Blockchain Market by Country
5.4 Europe Others Market by Country
Chapter 6. Europe Maritime Digitization Market by Country
6.1 Germany Maritime Digitization Market
6.1.1 Germany Maritime Digitization Market by Application
6.1.2 Germany Maritime Digitization Market by End User
6.1.3 Germany Maritime Digitization Market by Technology
6.2 UK Maritime Digitization Market
6.2.1 UK Maritime Digitization Market by Application
6.2.2 UK Maritime Digitization Market by End User
6.2.3 UK Maritime Digitization Market by Technology
6.3 France Maritime Digitization Market
6.3.1 France Maritime Digitization Market by Application
6.3.2 France Maritime Digitization Market by End User
6.3.3 France Maritime Digitization Market by Technology
6.4 Russia Maritime Digitization Market
6.4.1 Russia Maritime Digitization Market by Application
6.4.2 Russia Maritime Digitization Market by End User
6.4.3 Russia Maritime Digitization Market by Technology
6.5 Spain Maritime Digitization Market
6.5.1 Spain Maritime Digitization Market by Application
6.5.2 Spain Maritime Digitization Market by End User
6.5.3 Spain Maritime Digitization Market by Technology
6.6 Italy Maritime Digitization Market
6.6.1 Italy Maritime Digitization Market by Application
6.6.2 Italy Maritime Digitization Market by End User
6.6.3 Italy Maritime Digitization Market by Technology
6.7 Rest of Europe Maritime Digitization Market
6.7.1 Rest of Europe Maritime Digitization Market by Application
6.7.2 Rest of Europe Maritime Digitization Market by End User
6.7.3 Rest of Europe Maritime Digitization Market by Technology
Chapter 7. Company Profiles
7.1 Windward Ltd.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.2 Inmarsat Global Limited (Connect Bidco Limited)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Research & Development Expenses
7.2.4 Recent strategies and developments:
7.2.4.1 Product Launches and Product Expansions:
7.3 Lockheed Martin Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.4 Spire Global, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Research & Development Expenses
7.4.4 Recent strategies and developments:
7.4.4.1 Acquisition and Mergers:
7.5 Iridium Communications Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Research & Development Expenses
7.6 Orbcomm, Inc. (GI Partners L.P.)
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Partnerships, Collaborations, and Agreements:
7.6.2.2 Product Launches and Product Expansions:
7.7 MariApps Marine Solutions Pte Ltds (Schulte Group)
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Partnerships, Collaborations, and Agreements:
7.8 Marine Solutionz Ship Management Pvt. Ltd.
7.8.1 Company Overview
7.9 xyzt.ai BV
7.9.1 Company Overview
7.10. Perle Systems Inc.
7.10.1 Company Overview
TABLE 1 Europe Maritime Digitization Market, 2018 - 2021, USD Million
TABLE 2 Europe Maritime Digitization Market, 2022 - 2028, USD Million
TABLE 3 Europe Maritime Digitization Market by Application, 2018 - 2021, USD Million
TABLE 4 Europe Maritime Digitization Market by Application, 2022 - 2028, USD Million
TABLE 5 Europe Fleet Management Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Fleet Management Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Vessel Management Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Vessel Management Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Inventory Management Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Inventory Management Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Energy Management Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Energy Management Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Predictive Maintenance Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Predictive Maintenance Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Maritime Digitization Market by End User, 2018 - 2021, USD Million
TABLE 16 Europe Maritime Digitization Market by End User, 2022 - 2028, USD Million
TABLE 17 Europe Ports & Terminals Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Ports & Terminals Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Shipping Companies Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Shipping Companies Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Maritime Freight Forwarders Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Maritime Freight Forwarders Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Maritime Digitization Market by Technology, 2018 - 2021, USD Million
TABLE 24 Europe Maritime Digitization Market by Technology, 2022 - 2028, USD Million
TABLE 25 Europe IoT Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe IoT Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe AI Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe AI Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Blockchain Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Blockchain Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 33 Europe Maritime Digitization Market by Country, 2018 - 2021, USD Million
TABLE 34 Europe Maritime Digitization Market by Country, 2022 - 2028, USD Million
TABLE 35 Germany Maritime Digitization Market, 2018 - 2021, USD Million
TABLE 36 Germany Maritime Digitization Market, 2022 - 2028, USD Million
TABLE 37 Germany Maritime Digitization Market by Application, 2018 - 2021, USD Million
TABLE 38 Germany Maritime Digitization Market by Application, 2022 - 2028, USD Million
TABLE 39 Germany Maritime Digitization Market by End User, 2018 - 2021, USD Million
TABLE 40 Germany Maritime Digitization Market by End User, 2022 - 2028, USD Million
TABLE 41 Germany Maritime Digitization Market by Technology, 2018 - 2021, USD Million
TABLE 42 Germany Maritime Digitization Market by Technology, 2022 - 2028, USD Million
TABLE 43 UK Maritime Digitization Market, 2018 - 2021, USD Million
TABLE 44 UK Maritime Digitization Market, 2022 - 2028, USD Million
TABLE 45 UK Maritime Digitization Market by Application, 2018 - 2021, USD Million
TABLE 46 UK Maritime Digitization Market by Application, 2022 - 2028, USD Million
TABLE 47 UK Maritime Digitization Market by End User, 2018 - 2021, USD Million
TABLE 48 UK Maritime Digitization Market by End User, 2022 - 2028, USD Million
TABLE 49 UK Maritime Digitization Market by Technology, 2018 - 2021, USD Million
TABLE 50 UK Maritime Digitization Market by Technology, 2022 - 2028, USD Million
TABLE 51 France Maritime Digitization Market, 2018 - 2021, USD Million
TABLE 52 France Maritime Digitization Market, 2022 - 2028, USD Million
TABLE 53 France Maritime Digitization Market by Application, 2018 - 2021, USD Million
TABLE 54 France Maritime Digitization Market by Application, 2022 - 2028, USD Million
TABLE 55 France Maritime Digitization Market by End User, 2018 - 2021, USD Million
TABLE 56 France Maritime Digitization Market by End User, 2022 - 2028, USD Million
TABLE 57 France Maritime Digitization Market by Technology, 2018 - 2021, USD Million
TABLE 58 France Maritime Digitization Market by Technology, 2022 - 2028, USD Million
TABLE 59 Russia Maritime Digitization Market, 2018 - 2021, USD Million
TABLE 60 Russia Maritime Digitization Market, 2022 - 2028, USD Million
TABLE 61 Russia Maritime Digitization Market by Application, 2018 - 2021, USD Million
TABLE 62 Russia Maritime Digitization Market by Application, 2022 - 2028, USD Million
TABLE 63 Russia Maritime Digitization Market by End User, 2018 - 2021, USD Million
TABLE 64 Russia Maritime Digitization Market by End User, 2022 - 2028, USD Million
TABLE 65 Russia Maritime Digitization Market by Technology, 2018 - 2021, USD Million
TABLE 66 Russia Maritime Digitization Market by Technology, 2022 - 2028, USD Million
TABLE 67 Spain Maritime Digitization Market, 2018 - 2021, USD Million
TABLE 68 Spain Maritime Digitization Market, 2022 - 2028, USD Million
TABLE 69 Spain Maritime Digitization Market by Application, 2018 - 2021, USD Million
TABLE 70 Spain Maritime Digitization Market by Application, 2022 - 2028, USD Million
TABLE 71 Spain Maritime Digitization Market by End User, 2018 - 2021, USD Million
TABLE 72 Spain Maritime Digitization Market by End User, 2022 - 2028, USD Million
TABLE 73 Spain Maritime Digitization Market by Technology, 2018 - 2021, USD Million
TABLE 74 Spain Maritime Digitization Market by Technology, 2022 - 2028, USD Million
TABLE 75 Italy Maritime Digitization Market, 2018 - 2021, USD Million
TABLE 76 Italy Maritime Digitization Market, 2022 - 2028, USD Million
TABLE 77 Italy Maritime Digitization Market by Application, 2018 - 2021, USD Million
TABLE 78 Italy Maritime Digitization Market by Application, 2022 - 2028, USD Million
TABLE 79 Italy Maritime Digitization Market by End User, 2018 - 2021, USD Million
TABLE 80 Italy Maritime Digitization Market by End User, 2022 - 2028, USD Million
TABLE 81 Italy Maritime Digitization Market by Technology, 2018 - 2021, USD Million
TABLE 82 Italy Maritime Digitization Market by Technology, 2022 - 2028, USD Million
TABLE 83 Rest of Europe Maritime Digitization Market, 2018 - 2021, USD Million
TABLE 84 Rest of Europe Maritime Digitization Market, 2022 - 2028, USD Million
TABLE 85 Rest of Europe Maritime Digitization Market by Application, 2018 - 2021, USD Million
TABLE 86 Rest of Europe Maritime Digitization Market by Application, 2022 - 2028, USD Million
TABLE 87 Rest of Europe Maritime Digitization Market by End User, 2018 - 2021, USD Million
TABLE 88 Rest of Europe Maritime Digitization Market by End User, 2022 - 2028, USD Million
TABLE 89 Rest of Europe Maritime Digitization Market by Technology, 2018 - 2021, USD Million
TABLE 90 Rest of Europe Maritime Digitization Market by Technology, 2022 - 2028, USD Million
TABLE 91 Key Information – Windward Ltd.
TABLE 92 Key Information – Inmarsat Global Limited
TABLE 93 Key Information – Lockheed Martin Corporation
TABLE 94 Key Information – Spire Global, Inc.
TABLE 95 Key Information – Iridium Communications Inc.
TABLE 96 key information – Orbcomm, Inc.
TABLE 97 Key Information – MariApps Marine Solutions Pte Ltd
TABLE 98 Key Information – Marine Solutionz Ship Management Pvt. Ltd.
TABLE 99 Key Information – xyzt.ai BV
TABLE 100 Key Information – Perle Systems Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Orbcomm, Inc.