Asia Pacific Collision Avoidance and Object Detection Maritime Market Forecast to 2028 - COVID-19 Impact and Regional Analysis

Description

List of Tables

The collision avoidance and object detection maritime market in Asia Pacific is expected to grow from US$ 159.41 million in 2022 to US$ 269.10 million by 2028. It is estimated to grow at a CAGR of 9.1% from 2022 to 2028.

Increasing Research on Autonomous Navigation Systems

The demand for collision avoidance systems is increasing with the rising number of leisure boats and water sport events. Elevating disposable incomes, and the indulgence of masses in sports, fishing, and other recreational water activities are a few of the factors contributing to the demand for personal yachts and recreational boats. The demand for personal yachts has surged notably in the post-pandemic period with a rise in the number of travellers. Hence, such instance, necessitates the usage of safety systems in marine industry. Therefore, the growing demand for personal yachts and recreational boats is anticipated to offer lucrative growth opportunities for collision avoidance and object detection systems in the coming years.

Market Overview

India, China, Japan, Australia, and South Korea are significant contributors to the ongoing technological innovations in APAC. Rapid technological advancements, government initiatives, economic digitization, and a rise in industrialization are among the factors propelling the region's overall economic growth, gradually driving it from a developing to a developed stage. Marine transportation activities are also growing at a significant pace. According to the United Nations Conference on Trade and Development (UNCTAD), Asia holds a ~41% share of Asia Pacific maritime trade. The volume loaded and discharged at Asian ports made it a larger seafarer supply region Asia Pacific. Such strong penetration of marine transportation in the region has significantly contributed to the rising adoption of advanced maritime safety systems. Thus, the demand for collision avoidance and object detection system is rising at a considerable growth rate in the region. Collision avoidance and object detection system is a prominent industry solution to avoid collisions and manage maritime operations safely, bolstering the market growth.

Asia Pacific Collision Avoidance and Object Detection Maritime Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Collision Avoidance and Object Detection Maritime Market Segmentation

The Asia Pacific collision avoidance and object detection maritime market is segmented into technology, application, end user, and country.

Based on technology, the market is segmented into LiDAR, computer vision, radar, and others. The radar segment held the largest market share in 2022. Based on application, the market is segmented into blind spot detection, night vision, and others. The others segment held the largest market share in 2022. Based on end user, the market is segmented into unmanned surface vehicle, ships, and autonomous underwater vehicle (AUV). The ships segment dominated the market share in 2022. Based on country, the market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the market share in 2022. Benewake (Beijing) Co Ltd; Orlaco Products BV; Raytheon Anschutz GmbH; Garmin Ltd; Sea Machines Robotics Inc.; Velodyne Lidar Inc.; Terma AS; Teledyne FLIR LLC; and Furuno Electric Co Ltd. are the leading companies operating in the collision avoidance and object detection maritime market in the region.

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Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific collision avoidance and object detection maritime market
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Product Code: BMIRE00027626

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Asia Pacific Collision Avoidance and Object Detection Maritime Market Landscape

4.1 Market Overview
4.2 PEST Analysis
- 4.2.1 Asia Pacific
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. Asia Pacific Collision Avoidance and Object Detection Maritime Market - Key Industry Dynamics

5.1 Market Drivers
- 5.1.1 Rising Number of Ships and Boats
- 5.1.2 Increasing Research on Autonomous Navigation Systems
5.2 Market Restraints
- 5.2.1 Integration with Legacy Systems
5.3 Market Opportunities
- 5.3.1 Rising Demand for Personal Yachts and Recreational Boats
- 5.3.2 Growing Research on Military Applications of Unmanned Surface Vehicles and Autonomous Underwater Vehicles
5.4 Key Market Trends
- 5.4.1 Rapid Development of AI and ML Enabled Navigation Systems
- 5.4.2 Rising Popularity of Expedition Cruises
5.5 Impact Analysis of Drivers and Restraints

6. Collision Avoidance and Object Detection Maritime Market - Asia Pacific Market Analysis

6.1 Asia Pacific Collision Avoidance and Object Detection Maritime Market Overview
6.2 Asia Pacific Collision Avoidance and Object Detection Maritime Market Forecast and Analysis

7. Asia Pacific Collision Avoidance and Object Detection Maritime Market Analysis - By Technology

7.1 Overview
7.2 Asia Pacific Collision Avoidance and Object Detection Maritime Market, By Technology (2021 And 2028)
7.3 LiDAR
- 7.3.1 Overview
- 7.3.2 Asia Pacific LiDAR: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast To 2028 (US$ Million)
7.4 Computer Vision
- 7.4.1 Overview
- 7.4.2 Asia Pacific Computer Vision: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast To 2028 (US$ Million)
7.5 Radar
- 7.5.1 Overview
- 7.5.2 Asia Pacific Radar: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast To 2028 (US$ Million)
7.6 Others
- 7.6.1 Overview
- 7.6.2 Asia Pacific Others: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast To 2028 (US$ Million)

8. Asia Pacific Collision Avoidance and Object Detection Maritime Market Analysis - By Application

8.1 Overview
8.2 Asia Pacific Collision Avoidance and Object Detection Maritime Market, By Application (2021 And 2028)
8.3 Blind Spot Detection
- 8.3.1 Overview
- 8.3.2 Asia Pacific Blind Spot Detection: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast To 2028 (US$ Million)
8.4 Night Vision
- 8.4.1 Overview
- 8.4.2 Asia Pacific Night Vision: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast To 2028 (US$ Million)
8.5 Others
- 8.5.1 Overview
- 8.5.2 Asia Pacific Others: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast To 2028 (US$ Million)

9. Asia Pacific Collision Avoidance and Object Detection Maritime Market Analysis - By End user

9.1 Overview
9.2 Asia Pacific Collision Avoidance and Object Detection Maritime Market, By End user (2021 and 2028)
9.3 Unmanned Surface Vehicle
- 9.3.1 Overview
- 9.3.2 Asia Pacific Unmanned Surface Vehicle: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast To 2028 (US$ Million)
9.4 Ships
- 9.4.1 Overview
- 9.4.2 Ships: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast To 2028 (US$ Million)
9.5 Autonomous Underwater Vehicle (AUV)
- 9.5.1 Overview
- 9.5.2 Asia Pacific Autonomous Underwater Vehicle (AUV): Collision Avoidance and Object Detection Maritime Market Revenue and Forecast To 2028 (US$ Million)

10. Asia Pacific Collision Avoidance and Object Detection Maritime Market - Country Analysis

10.1 APAC: Collision Avoidance and Object Detection Maritime Market
- 10.1.1 APAC: Collision Avoidance and Object Detection Maritime Market - Revenue and Forecast to 2028 (US$ Million)
- 10.1.2 APAC: Collision Avoidance and Object Detection Maritime Market, by Key Country
  - 10.1.2.1 Australia: Collision Avoidance and Object Detection Maritime Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.2.1.1 Australia: Collision Avoidance and Object Detection Maritime Market, by Technology
    - 10.1.2.1.2 Australia: Collision Avoidance and Object Detection Maritime Market, by Application
    - 10.1.2.1.3 Australia: Collision Avoidance and Object Detection Maritime Market, by End User
  - 10.1.2.2 China: Collision Avoidance and Object Detection Maritime Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.2.2.1 China: Collision Avoidance and Object Detection Maritime Market, by Technology
    - 10.1.2.2.2 China: Collision Avoidance and Object Detection Maritime Market, by Application
    - 10.1.2.2.3 China: Collision Avoidance and Object Detection Maritime Market, by End User
  - 10.1.2.3 India: Collision Avoidance and Object Detection Maritime Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.2.3.1 India: Collision Avoidance and Object Detection Maritime Market, by Technology
    - 10.1.2.3.2 India: Collision Avoidance and Object Detection Maritime Market, by Application
    - 10.1.2.3.3 India: Collision Avoidance and Object Detection Maritime Market, by End User
  - 10.1.2.4 Japan: Collision Avoidance and Object Detection Maritime Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.2.4.1 Japan: Collision Avoidance and Object Detection Maritime Market, by Technology
    - 10.1.2.4.2 Japan: Collision Avoidance and Object Detection Maritime Market, by Application
    - 10.1.2.4.3 Japan: Collision Avoidance and Object Detection Maritime Market, by End User
  - 10.1.2.5 South Korea: Collision Avoidance and Object Detection Maritime Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.2.5.1 South Korea: Collision Avoidance and Object Detection Maritime Market, by Technology
    - 10.1.2.5.2 South Korea: Collision Avoidance and Object Detection Maritime Market, by Application
    - 10.1.2.5.3 South Korea: Collision Avoidance and Object Detection Maritime Market, by End User
  - 10.1.2.6 Rest of Asia Pacific: Collision Avoidance and Object Detection Maritime Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.2.6.1 Rest of Asia Pacific: Collision Avoidance and Object Detection Maritime Market, by Technology
    - 10.1.2.6.2 Rest of Asia Pacific: Collision Avoidance and Object Detection Maritime Market, by Application
    - 10.1.2.6.3 Rest of Asia Pacific: Collision Avoidance and Object Detection Maritime Market, by End User

11. Industry Landscape

11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition

12. Company Profiles

12.1 Benewake (Beijing) Co Ltd
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Orlaco Products BV
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Raytheon Anschutz GmbH
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Garmin Ltd
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Sea Machines Robotics Inc
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Velodyne Lidar Inc
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 Terma AS
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Teledyne FLIR LLC
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Furuno Electric Co Ltd
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments

13. Appendix

13.1 About The Insight Partners
13.2 Word Index