Discover Top 10 Companies in Connected Ship Market: Global Share, Market Size, Revenue Report (2024–2035)
RELEASE DATE: Sep 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Connected Ship Market Size is projected To Grow from USD 9.50 Billion in 2024 to USD 14.65 Billion by 2035, at a CAGR of 4.02% during the forecast period 2025–2035. Main factors consist of the increasing use of autonomous vessels, strict environmental guidelines, and the demand for enhanced cybersecurity in maritime infrastructures. Key players are channeling investments into advanced technologies to create strong connected ship solutions.
Introduction
The Global Connected Ship Market Size represents the swiftly advancing field in maritime activities that incorporates cutting-edge digital technologies to improve ship performance, safety, and efficiency. Connected vessels are utilized in the marine and maritime sectors to enhance safety and navigation through the integration of connected technology. The use of connected technology on ships involves enhanced management of essential ship operations, monitoring of ship conditions for proactive maintenance, and management of ship traffic, among various other functions. The surge of the industrial internet has influenced all facets of shipping through the combination of automation and Big Data. A connected ship is a concept in which vessels are monitored and overseen using satellite technology. This enables more efficient reporting and enhances the effectiveness of ship operations, including fuel management. Sensor technologies and monitoring tools would notify both offshore and onshore management teams of possible issues and employ predictive energy models to facilitate data-informed decision-making.
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Connected Ship Market Size & Statistics
- The Market Size for Connected Ship Was Estimated to be worth USD 9.50 Billion in 2024.
- The Market Size is Going to Expand at a CAGR of 4.02% between 2025 and 2035.
- The Global Connected Ship Market Size is anticipated to reach USD 14.65 Billion by 2035.
- North America is expected to generate the highest demand during the forecast period in the global connected ship Market.
- Asia Pacific is expected to grow the fastest during the forecast period in The Global Connected Ship Market.
Regional growth and demand
Asia Pacific is expected to grow the fastest during the forecast period in the global connected ship market.
China, Japan, and South Korea are world leaders in ship construction and are incorporating connected technologies to improve vessel efficiency, navigation, and safety. The region's expanding maritime commerce, driven by economic growth and rising exports, generates a significant need for integrated ship solutions. Governments are prioritizing digital transformation in the maritime industry to enhance operational efficiency and comply with environmental standards. Emerging markets such as India and Southeast Asian countries are also embracing connected technologies to update their fleets.
North America is expected to generate the highest demand during the forecast period in the global connected ship market.
The area's robust marine commerce, long coastline, and emphasis on upgrading naval and commercial vessels foster a conducive setting for implementing connected ship technologies. The United States and Canada are significant contributors, focusing on improved navigation, fuel efficiency, and cybersecurity to achieve sustainability objectives and adhere to strict maritime regulations. North America's defense industry plays a significant role, as governments allocate substantial resources towards advanced naval technologies to enhance operational effectiveness.
Top 10 trends in the Connected Ship Market
- Integration of IoT and AI for Real-Time Decision-Making
- Enhanced Satellite and 5G Connectivity
- Blockchain for Secure and Transparent Operations
- Advancements in Autonomous and Smart Shipping
- Digital Twin and Predictive Analytics
- Environmental Monitoring and Compliance
- Smart Ports and Automated Docking Systems
- Cybersecurity Enhancements
- Edge Computing for Real-Time Processing
- Regulatory Compliance and Sustainability Initiatives
1. Integration of IoT and AI for Real-Time Decision-Making
Shipboard operations are being revolutionized by the use of artificial intelligence (AI) and Internet of Things (IoT) sensors. While AI evaluates the data to enable predictive maintenance, optimize routing, and boost fuel efficiency, IoT makes it easier to collect data in real time across multiple ship systems.
2. Enhanced Satellite and 5G Connectivity
The introduction of 5G technology and advances in communication via satellite are improving distant surveillance, operational oversight, and accurate information transmission.
3. Smart Ports and Automated Docking Systems
Ship loading and unloading procedures are becoming more efficient and quicker thanks to the development of smart ports and automated docking technologies. These systems, which maximize cargo handling, include automated cranes and vehicles that exchange information with one another.
4. Cybersecurity Enhancements
The danger of cyberattacks rises with the connectivity of vessels. In order to protect their networks from hacking attempts and data breaches, shipping companies are now concentrating on strengthening their cybersecurity procedures by putting strong protocols in place.
5. Regulatory Compliance and Sustainability Initiatives
Companies are being pushed toward technological connections by tighter marine rules pertaining to the security of information, safety, and sustainability. These instruments support worldwide decarbonization objectives by supporting vessels in satisfying worldwide standards and enhancing onboard safety.
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Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the connected ship market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 10 Companies Leading the Connected Ship Market
- Schneider Electric
- Sperry Marine B.V.
- YALTES Electronic and Information Systems Production and Trade Inc.
- Wärtsilä
- Kongsberg Maritime
- Danelec Marine A/S
- Anglo-Eastern
- Rockwell Automation
- Marlink B.V.
- HD Hyundai Heavy Industries Co., Ltd.
1. Schneider Electric
Headquarters: Rueil-Malmaison, France
Schneider Electric is a key participant in the connected ship sector, not as a builder of ships, but as an international expert in energy management and automation. The firm utilizes its vast experience and technology assets to deliver digital solutions that enhance the safety, efficiency, and sustainability of vessels and ports. At the core of Schneider Electric's connected ship approach lies its EcoStruxure™ platform. This is an open, interoperable architecture enabled by IoT that links a vessel’s different systems, including power distribution and machinery control, into a unified network. Schneider Electric is a frontrunner in shore connection technology, often referred to as cold ironing. Their ShoreBoX system enables docked vessels to turn off their auxiliary engines and link to a port's electrical network. This is an essential measure for decreasing emissions and noise pollution in port regions.
2. Sperry Marine B.V.
Headquarters: Vlaardingen, Netherlands
Sperry Marine, currently integrated into Northrop Grumman, has a rich legacy as a supplier of cutting-edge navigation and control systems for the commercial and defense maritime sectors. Their input into the connected ship idea centers on the bridge and its associated systems, highlighting data integration, cybersecurity, and operational efficiency. The IBS combines essential tasks like radar, electronic charts (ECDIS), route planning, collision prevention, and alarm management. The system's versatile workstations can be tailored to show different data sources, including radar visuals and conning details. Sperry Marine's role in the connected ship centers on the navigation and information elements of the vessel's bridge. They supply the essential systems such as radar, compasses, and ECDIS—then establish a layer of connectivity, data integration, and cybersecurity above that. Their solutions aim to enhance navigation safety and efficiency by utilizing real-time data, minimizing human mistakes, and safeguarding the vessel from digital risks, thus establishing a smart bridge for the connected ship.
3. Wartsila
Headquarters: Hiililaiturinkuja, Helsinki, Finland
Wärtsilä excels in the connected ship sector, serving not just as a producer of engines and propulsion systems but also as a systems integrator dedicated to establishing a Smart Marine Ecosystem. Their approach extends past one ship, focusing on linking vessels, ports, and additional parties to enhance the overall maritime value chain. Wärtsilä produces and maintains marine engines, hybrid power systems, and propulsion solutions. They are developed with digitalization as their foundation, enabling ongoing surveillance and data gathering to enhance performance. Wärtsilä seeks to tackle significant inefficiencies in the maritime sector, including overcapacity, fuel waste, and delays while docked at ports. Their emphasis on decarbonization and lifecycle solutions illustrates a dedication to assisting the industry in managing the energy transition and reaching bold sustainability goals.
4. Danelec Marine A/S
Headquarters: Birkerød, Denmark
Danelec Marine is a significant participant in the connected ship sector, concentrating on gathering, handling, and sending high-frequency data from ships to land. Their approach focuses on delivering the essential data framework that allows ship owners and operators to enhance safety, efficiency, and sustainability. Danelec's knowledge is based on its extensive history as a prominent producer of Voyage Data Recorders (VDRs). These systems, required on numerous vessels, gather and retain essential data from different sensors and systems on the bridge, such as audio, radar, and communications. Leveraging its VDR technology base, the company has established an open and scalable ecosystem that enables the secure, efficient, and economical transfer of essential vessel data from the ship to the shore.
5. Anglo-Eastern
Headquarters: Kingston International Centre, Kowloon Bay, Hong Kong
Anglo-Eastern, among the globe's largest independent ship management firms, plays a crucial role in the connected ship as a digital solutions provider throughout its managed fleet. Their strategy is practical and centers on three main pillars: operational effectiveness, safety, and crew well-being. Anglo-Eastern acknowledges that fast, dependable internet is the essential foundation for a genuinely interconnected fleet. They are leading the way in implementing modern satellite communication systems like Starlink Maritime, commissioning hundreds of setups across the vessels they manage. This offers terabytes of low-latency network capability at a favorable cost. Anglo-Eastern has teamed up with firms such as ShipIn Systems to deploy AI-driven computer vision technologies. These systems utilize customized rules and video footage to oversee safety onboard, enhancing transparency and boosting crew safety.
Are you ready to discover more about the connected ship market?
The report provides an in-depth analysis of the leading companies operating in the global connected ship market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- Schneider Electric
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Sperry Marine B.V.
- YALTES Electronic and Information Systems Production and Trade Inc.
- Wärtsilä
- Kongsberg Maritime
- Danelec Marine A/S
- Anglo-Eastern
- Rockwell Automation
- Marlink B.V.
- HD Hyundai Heavy Industries Co., Ltd.
Conclusion
The Worldwide Connected Ship Market Size industry is driven by the integration of IoT, AI, automation, and cutting-edge communication technologies. The sector is expected to grow consistently from USD 9.50 billion in 2024 to USD 14.65 billion by 2035 at a CAGR of 4.02%. Though North America will remain the largest center of demand, the Asia Pacific region is anticipated to experience the quickest growth, fueled by robust shipbuilding efforts and increased digital adoption. The competitive environment consists of a mix of Companies like Schneider Electric, Wärtsilä, Kongsberg Maritime, Rockwell Automation, Marlink, Sperry Marine, and Anglo-Eastern are driving innovation with intelligent energy solutions, cutting-edge navigation systems, satellite communications, and digital fleet management tools.
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