Marine engine monitoring systems can monitor various auxiliary equipment of the engine to provide information that customers can use to reduce overall costs. Whenever the machinery on board or equipment fails, subsequent repairs are called fault maintenance. However, due to limited offshore resources, this maintenance is not recommended unless the equipment is critical. Preventive maintenance includes irregular lubrication, cleaning, and inspections to maintain the health of the equipment, which depends on trend values and related analysis. Marine engine monitoring systems can help improve ship operating conditions.
This report contains market size and forecasts of Marine Engine Monitoring System in global, including the following market information:
Global Marine Engine Monitoring System Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Marine Engine Monitoring System Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Marine Engine Monitoring System companies in 2021 (%)
The global Marine Engine Monitoring System market was valued at 548.5 million in 2021 and is projected to reach US$ 675.2 million by 2028, at a CAGR of 3.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
On-site Monitoring Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Marine Engine Monitoring System include AST Group, CMR Group, Caterpillar, Cummins, Emerson Electric, Hyundai Heavy Industries, Kongsberg Gruppen ASA, MAN Energy Solutions and Mitsubishi Heavy Industries, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Marine Engine Monitoring System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Marine Engine Monitoring System Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Marine Engine Monitoring System Market Segment Percentages, by Type, 2021 (%)
On-site Monitoring
Remote Monitoring
Global Marine Engine Monitoring System Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Marine Engine Monitoring System Market Segment Percentages, by Application, 2021 (%)
Naval Ship
Commercial Ship
Personal Board
Others
Global Marine Engine Monitoring System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Marine Engine Monitoring System Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Marine Engine Monitoring System revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Marine Engine Monitoring System revenues share in global market, 2021 (%)
Key companies Marine Engine Monitoring System sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Marine Engine Monitoring System sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
AST Group
CMR Group
Caterpillar
Cummins
Emerson Electric
Hyundai Heavy Industries
Kongsberg Gruppen ASA
MAN Energy Solutions
Mitsubishi Heavy Industries
Noris Group
Wartsila