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Integrated Marine Automation Market to Explore Excellent Growth in Future

12-20-2023 10:04 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: allied market research

Integrated Marine Automation Market to Explore Excellent

Integrated Marine Automation System is used to improve operational efficiency and safety of ships. Ships having integrated automation system have the capability to take better decisions based on sensor fusion technology and artificial intelligence (AI). Furthermore, it helps in identifying threats and neutralizing them by improving vessel performance. All these technologies are used for processing data so that human intervention can be reduced, thus reducing chances of error. These features of automation system are gaining more and more popularity since it reduces space. In addition, it also requires less crew needed on the ship, reducing training cost of crew as smaller number of people are required on board. In recent times, there has been an increase in maritime trade, hence the use of integrated marine automation in new ships and retrofitting of existing ships has increased, which has led to rise in growth of the integrated marine automation market.

๐…๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ƒ๐ž๐ญ๐š๐ข๐ฅ: https://www.alliedmarketresearch.com/integrated-marine-automation-market-A11529

๐‚๐Ž๐•๐ˆ๐ƒ-๐Ÿ๐Ÿ— ๐ฌ๐œ๐ž๐ง๐š๐ซ๐ข๐จ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
Due to the outbreak of COVID-19 pandemic, a lot of cargo and passenger ships were not allowed to dock at ports by local authorities. Hence a lot of merchant sailors were stranded on ship itself. Ship owners also had to pay additional cost since their ships were stranded on territorial water for an extended period. In addition, owing to the outbreak, movement of ships were restricted thus there were a lot of seafarers who reached to the end of their employment contract and needed them to be renewed. Moreover, to prevent the risk of spreading of COVID-19 there has been a decline in import and export of products and goods. Small companies, which were engaged in the shipping industry have become bankrupt due to less demand. Thus all these factors halted growth of the marine automation market due to COVID-19 pandemic.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ : https://www.alliedmarketresearch.com/request-toc-and-sample/11894

๐“๐จ๐ฉ ๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ๐ข๐ง๐  ๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ
Rise in software development, adoption of internet of things (IoT) for real-time decision making, and increase in demand for situational awareness in ships drive growth of the market.
However, increase in cyber threats and poor network connectivity is expected to hamper growth of the market.
Moreover, revision of marine safety regulations and advancements in sensor technologies & improved navigation systems in ships can be seen as an opportunity for growth in the market investments.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/integrated-marine-automation-market/purchase-options

๐‘๐ข๐ฌ๐ž ๐ข๐ง ๐ฌ๐จ๐Ÿ๐ญ๐ฐ๐š๐ซ๐ž ๐๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ
Software plays an important role in functioning of integrated automation systems. It provides ships with details for smooth operations, better management, and timely monitoring of health. Software also consists of features that can be used for traffic management at ports as there is a huge rush and extreme precision is required. For instance, in September 2020, maritime artificial intelligence analytics 4.0 was released by Winward (UK). It is a new marine automation software technology, which is capable of screening, searching, and analyzing dynamic maritime data. Collected data is analyzed automatically and it also compares the collected data with previous results. Then the analyzed data is used to display all potential risks. Software also uses dynamic predictive intelligence, which is based on ship's identity, type of cargo it is carrying, its location, and voyage pattern to link this data to patterns and profiles. It can also detect irregularities in voyage pattern, path it is going through, and adverse weather conditions. Thus, growing developments in software and artificial intelligence (AI) technology are expected to drive growth of the integrated marine automation system market.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  : https://www.alliedmarketresearch.com/purchase-enquiry/11894

๐Š๐ž๐ฒ ๐๐ž๐ง๐ž๐Ÿ๐ข๐ญ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
This study presents the analytical depiction of the integrated marine automation market along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with challenges of the integrated marine automation market.
The current market is quantitatively analyzed to highlight the integrated marine automation market growth scenario.
The report provides detailed integrated marine automation market analysis based on competitive intensity and how the competition will take shape in coming years.

๐๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐ข๐ง๐ญ๐ž๐ ๐ซ๐š๐ญ๐ž๐ ๐ฆ๐š๐ซ๐ข๐ง๐ž ๐š๐ฎ๐ญ๐จ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ:
Which are the leading market players active in the integrated marine automation market?
What would be the detailed impact of COVID-19 on the market?
What current trends would influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the integrated marine automation market?
What are the projections for the future that would help in taking further strategic steps?

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
David Correa
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๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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