Marine Sensors Market by Sensor Type, Connectivity, Application, Deployment, Sales Channel, End-Use

List of Tables

[193 Pages Report] The Marine Sensors Market size was estimated at USD 1.52 billion in 2022 and expected to reach USD 1.61 billion in 2023, at a CAGR 6.19% to reach USD 2.46 billion by 2030.

Global Marine Sensors Market

KEY MARKET STATISTICS
Base Year [2022]	USD 1.52 billion
Estimated Year [2023]	USD 1.61 billion
Forecast Year [2030]	USD 2.46 billion
CAGR (%)	6.19%

Marine sensors, also referred to as water quality sensors, are devices and equipment used in oceanography and environmental monitoring to measure the properties of seawater and freshwater. Marine sensors serve various purposes in fields such as offshore oil extraction, climate science, fisheries, and marine conservation and provide crucial information to scientists, explorers, and ecologists, among others. The rising concerns regarding marine ecosystems and the need to monitor water quality and pollution have contributed to the demand for marine sensors. In addition, the advent of IoT and AI technologies presents considerable potential opportunities for the sector by integrating these systems for real-time data analysis, advanced automation, and predictive maintenance in marine operations. However, the high cost of advanced marine sensors and complexities in data management and interpretation present difficulties for the adoption of marine sensors. Furthermore, complex installations of marine sensors and limitations due to inaccurate readings generated by marine sensors and the impact on marine environments on the durability of marine sensors impede customer preference for the devices. Efforts by major players to invest in advancements in the design and models of marine sensors have significantly improved the accuracy and reliability of marine sensors. Furthermore, the integration of next-gen technologies such as AI, ML, and robotics in sensor design and applications is expected to serve as a promising avenue for the growth of marine sensors.

Regional Insights

The advanced monitoring solutions in the Americas, backed by significant research and development spending, enable continual improvements in oceanic resource management and environmental compliance. This region supports tech innovation with new initiatives in aquaculture and offshore industries. The EMEA region, rich in offshore oil & gas reserves, relies on marine sensors for its resource extraction operations. A significant share of the demand originates from this region, as these sensors are majorly used in the drilling process for operational convenience and risk alleviation. The escalating need for marine sensors in the APAC region correlates closely with increasing trade activities. The rising maritime activities in the APAC demand sophisticated marine sensor capabilities, specifically in port security, offshore platform monitoring, and disaster management. Furthermore, governmental support in these nations for upgrading marine infrastructure to accommodate evolving trade requirements has augmented this demand.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Marine Sensors Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Marine Sensors Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Marine Sensors Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Airmar Technology Corporation, Amphenol Corporation, BAE Systems PLC, Baumer Ltd., CODAR Ocean Sensors, Ltd., Cyclops Marine Limited, Danfoss A/S, Dartmouth Ocean Technologies Inc., Garmin Ltd., Gems Sensors, Inc, Gill Sensors & Controls Limited, Hansford Sensors, Honeywell International Inc., IST AG, Kongsberg Gruppen, Lockheed Martin Corporation, Micro-Air, LLC, Nantong Saiyang Electronics Co.,Ltd, nke Group, NORIS Group GmbH, Northrop Grumman Corporation, Norwegian Subsea AS, RTX Corporation, SBG Systems, Seapoint Sensors, Inc., Senmatic A/S, Signet Marine Inc., Silicon Sensing Systems Ltd, Siren Marine, LLC, TE Connectivity Ltd., Teledyne Technologies Incorporated, Thales Group, Trensor, LLC, and Wartsila Corporation.

Market Segmentation & Coverage

This research report categorizes the Marine Sensors Market to forecast the revenues and analyze trends in each of the following sub-markets:

Sensor Type
- Acoustic Sensors
- Force & Torque Sensors
- Level & Flow Sensors
- Motion Sensors
- Optical Sensors
- Position & Displacement Sensors
- Pressure Sensors
- Proximity Sensors
- Radar Sensors
- Smoke Detection Sensors
- Speed Sensors
- Temperature Sensors
Connectivity
- Wired Sensors
- Wireless Sensors
Application
- Ballast & Bilge System
- Firefighting System
- Fuel & Propulsion System
- HVAC System
- Navigation & Positioning System
- Refrigeration System
Deployment
- Subsea
- Surface
Sales Channel
- Aftermarket
- Original Equipment Manufacturer
End-Use
- Commercial
  - Bulk Carriers
  - Container Vessels
  - Cruise Ships
  - Dry Cargo Vessels
  - Passenger Ferries & Yachts
  - Tankers
- Defense
  - Aircraft Carriers
  - Amphibious Ships
  - Offshore Support Vessels
  - Submarines
- Unmanned Underwater Vehicle
  - Autonomous Unmanned Vehicle
  - Remotely Operated Vehicle
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Marine Sensors Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Marine Sensors Market?

3. What are the technology trends and regulatory frameworks in the Marine Sensors Market?

4. What is the market share of the leading vendors in the Marine Sensors Market?

5. Which modes and strategic moves are suitable for entering the Marine Sensors Market?

Product Code: MRR-E0619F0768F1

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Marine Sensors Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing concern about marine ecosystems and monitoring of water quality and pollution
  - 5.1.1.2. Expanding marine transportation and emphasis on ship safety and navigation
  - 5.1.1.3. Utilization of marine sensors for naval surveillance in the defense & military sector
- 5.1.2. Restraints
  - 5.1.2.1. Incidences of product recall and issues associated with frequent calibration and maintenance
- 5.1.3. Opportunities
  - 5.1.3.1. Advancements in the design and models of marine sensors
  - 5.1.3.2. Emerging focus on remote sensing with autonomous underwater vehicles
- 5.1.4. Challenges
  - 5.1.4.1. Complex installations of marine sensors and limitations related to their inaccuracy
5.2. Market Segmentation Analysis
- 5.2.1. Sensor Type: Adoption of acoustic sensors in oceanographic and environmental studies
- 5.2.2. Connectivity: Expanding usage of wireless connectivity to facilitate ease of operation
- 5.2.3. Application: Necessitating deployment of marine sensors for in-marine environment monitoring and controlling
- 5.2.4. Deployment: Equipping ongoing marine and climate research initiatives through the surface deployment of marine sensors
- 5.2.5. Sales Channel: Continuous technological advancements and quality assurance in OEM marine sensors
- 5.2.6. End-Use: Introduction of sensors that emphasize real-time data and autonomous capabilities for the commercial sector
5.3. Market Trend Analysis
- 5.3.1. Increasing investments to enhance the sensor technology and growing port expansion in the South Americas surge the demand for marine sensors in the Americas region
- 5.3.2. Escalating the need for marine sensors in the APAC region is a response to increasing marine trade activities
- 5.3.3. Presence of established players offering advanced marine sensors, backed by the enhanced demand for ocean research and energy sectors in EMEA
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Marine Sensors Market, by Sensor Type

6.1. Introduction
6.2. Acoustic Sensors
6.3. Force & Torque Sensors
6.4. Level & Flow Sensors
6.5. Motion Sensors
6.6. Optical Sensors
6.7. Position & Displacement Sensors
6.8. Pressure Sensors
6.9. Proximity Sensors
6.10. Radar Sensors
6.11. Smoke Detection Sensors
6.12. Speed Sensors
6.13. Temperature Sensors

7. Marine Sensors Market, by Connectivity

7.1. Introduction
7.2. Wired Sensors
7.3. Wireless Sensors

8. Marine Sensors Market, by Application

8.1. Introduction
8.2. Ballast & Bilge System
8.3. Firefighting System
8.4. Fuel & Propulsion System
8.5. HVAC System
8.6. Navigation & Positioning System
8.7. Refrigeration System

9. Marine Sensors Market, by Deployment

9.1. Introduction
9.2. Subsea
9.3. Surface

10. Marine Sensors Market, by Sales Channel

10.1. Introduction
10.2. Aftermarket
10.3. Original Equipment Manufacturer

11. Marine Sensors Market, by End-Use

11.1. Introduction
11.2. Commercial
- 11.3.1. Bulk Carriers
- 11.3.2. Container Vessels
- 11.3.3. Cruise Ships
- 11.3.4. Dry Cargo Vessels
- 11.3.5. Passenger Ferries & Yachts
- 11.3.6. Tankers
11.3. Defense
- 11.4.1. Aircraft Carriers
- 11.4.2. Amphibious Ships
- 11.4.3. Offshore Support Vessels
- 11.4.4. Submarines
11.4. Unmanned Underwater Vehicle
- 11.5.1. Autonomous Unmanned Vehicle
- 11.5.2. Remotely Operated Vehicle

12. Americas Marine Sensors Market

12.1. Introduction
12.2. Argentina
12.3. Brazil
12.4. Canada
12.5. Mexico
12.6. United States

13. Asia-Pacific Marine Sensors Market

13.1. Introduction
13.2. Australia
13.3. China
13.4. India
13.5. Indonesia
13.6. Japan
13.7. Malaysia
13.8. Philippines
13.9. Singapore
13.10. South Korea
13.11. Taiwan
13.12. Thailand
13.13. Vietnam

14. Europe, Middle East & Africa Marine Sensors Market

14.1. Introduction
14.2. Denmark
14.3. Egypt
14.4. Finland
14.5. France
14.6. Germany
14.7. Israel
14.8. Italy
14.9. Netherlands
14.10. Nigeria
14.11. Norway
14.12. Poland
14.13. Qatar
14.14. Russia
14.15. Saudi Arabia
14.16. South Africa
14.17. Spain
14.18. Sweden
14.19. Switzerland
14.20. Turkey
14.21. United Arab Emirates
14.22. United Kingdom

15. Competitive Landscape

15.1. FPNV Positioning Matrix
15.2. Market Share Analysis, By Key Player
15.3. Competitive Scenario Analysis, By Key Player
- 15.3.1. Merger & Acquisition
  - 15.3.1.1. ZeroNorth and Alpha Ori Technologies Merged
  - 15.3.1.2. PCTEL Announces Definitive Agreement To Be Acquired By Amphenol Corporation
  - 15.3.1.3. Nauticus Robotics to Acquire 3D at Depth in USD 34M All-stock Deal
- 15.3.2. Agreement, Collaboration, & Partnership
  - 15.3.2.1. Northrop Grumman to Produce New Maritime Navigation Sensor for U.S. Navy
  - 15.3.2.2. Raymarine and Avikus Announce Exclusive Partnership
- 15.3.3. New Product Launch & Enhancement
  - 15.3.3.1. Miros Launches Unique Dual Sensor for Measuring Directional Wave Spectra
- 15.3.4. Award, Recognition, & Expansion
  - 15.3.4.1. ThayerMahan Wins USD 19m Federal Contract; Funding to Support Continued Work on Autonomous Maritime Sensing Technology
  - 15.3.4.2. HII Awarded USD 244 million Contract to Integrate Minotaur Software Products into Maritime Platforms
  - 15.3.4.3. NOAA Awards Contracts for Uncrewed Marine Systems Data Services
  - 15.3.4.4. Kongsberg Launches New Business Area to Advance Ocean Exploration
  - 15.3.4.5. Baumer US is Expanding

16. Competitive Portfolio

16.1. Key Company Profiles
- 16.1.1. ABB Ltd.
- 16.1.2. Airmar Technology Corporation
- 16.1.3. Amphenol Corporation
- 16.1.4. BAE Systems PLC
- 16.1.5. Baumer Ltd.
- 16.1.6. CODAR Ocean Sensors, Ltd.
- 16.1.7. Cyclops Marine Limited
- 16.1.8. Danfoss A/S
- 16.1.9. Dartmouth Ocean Technologies Inc.
- 16.1.10. Garmin Ltd.
- 16.1.11. Gems Sensors, Inc
- 16.1.12. Gill Sensors & Controls Limited
- 16.1.13. Hansford Sensors
- 16.1.14. Honeywell International Inc.
- 16.1.15. IST AG
- 16.1.16. Kongsberg Gruppen
- 16.1.17. Lockheed Martin Corporation
- 16.1.18. Micro-Air, LLC
- 16.1.19. Nantong Saiyang Electronics Co.,Ltd
- 16.1.20. nke Group
- 16.1.21. NORIS Group GmbH
- 16.1.22. Northrop Grumman Corporation
- 16.1.23. Norwegian Subsea AS
- 16.1.24. RTX Corporation
- 16.1.25. SBG Systems
- 16.1.26. Seapoint Sensors, Inc.
- 16.1.27. Senmatic A/S
- 16.1.28. Signet Marine Inc.
- 16.1.29. Silicon Sensing Systems Ltd
- 16.1.30. Siren Marine, LLC
- 16.1.31. TE Connectivity Ltd.
- 16.1.32. Teledyne Technologies Incorporated
- 16.1.33. Thales Group
- 16.1.34. Trensor, LLC
- 16.1.35. Wartsila Corporation
16.2. Key Product Portfolio

17. Appendix

17.1. Discussion Guide
17.2. License & Pricing