Connected Ship Market: Industry Analysis, Global Trends, and Forecast to 2023

Reportsnreports always aims at offering their clients an in-depth analysis and the best research material of the various market. This new report on the global Connected Ship Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team.

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The Connected Ship Market is projected to grow from US$ 5.92 Billion in 2018 to US$ 7.19 Billion by 2023, at a CAGR of 3.95% from 2018 to 2023. This report spread across 183 pages, profiling 16 companies and supported with 145 tables and 51 figures is now available in this research.

Top Key Players Profiled in the Connected Ship Market:

  • Northrop Grumman (US)
  • General Electric (US)
  • Wartsila (Finland)
  • Kongsberg Grumman (Norway)
  • Marlink (Norway)

Based on Application, the connected ship market has been segmented into fleet operations, fleet health monitoring, and vessel traffic management. The fleet health monitoring segment is projected to grow at the highest CAGR from 2018 to 2023. The requirement for real-time connectivity in marine ships is expected to fuel the growth of the fleet health monitoring segment of the market during the forecast period. Fleet health monitoring increases the lifespan of fleets and reduces their maintenance costs.

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