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Collision Avoidance and Object Detection Maritime Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Technology (LiDAR, Computer Vision, Radar, and Others), Application (Blind Spot Detection, Night Vision, and Others), and End User (Unmanned Surface Vehicle, Ships, and Autonomous Underwater Vehicle)
- Report Code : TIPRE00029764
- Pages : 169
The collision avoidance and object detection maritime market is projected to reach US$ 722.09 million by 2028, growing at a CAGR of 8.2% from 2022 to 2028.
Collision avoidance and object detection solutions focus on ensuring the safety of sea-faring vessels. It can aid in the early detection of objects in the path of the vessel, coupled with accurate identification of the type of object. The accurate identification of the type of an object is very important, since not all objects necessitate the movement of vessels from their designated path, while in other cases, only speed modification would suffice. For instance, if another vessel is crossing the path of a vessel, lowering of speed can allow the other vessel to pass, while the first vessel can remain on course. However, due to low tides, if a rock has surfaced and blocks the path of a vessel, the object detection technology can accurately identify the same and the vessel can change its course to navigate safely.
With the rising number of vessels and growing maritime-dependent trade, there is a rising demand for collision avoidance and object detection solutions. As per the UNCTAD Handbook of Statistics, in January 2021, the number of fleet ownership and vessel reached 53,973 units across the world. Also, per the UNCTAD statistics data from 2021, the number of ships increased from 53,275 in 2020 to 53,973 in 2021. 15 countries are primarily contributing to the growth in number of ships across the globe. An increasing number of ships increases the chances of collision. This is boosting the demand for collision avoidance and object detection systems, promoting collision avoidance and object detection maritime market growth.
Impact of COVID-19 Pandemic on Collision Avoidance and Object Detection Maritime Market Growth
The limitations imposed by governments to control the spread of COVID-19 affected the manufacturing of semiconductors in 2020. Stringent restrictions and supply chain disruptions jeopardized the manufacturing of electronic devices. The COVID-19 pandemic affected the economy, transportation, infrastructure, and electronics & semiconductor industries. Travel restrictions and business shutdowns disrupted the operations of electronics & semiconductor firms, severely hampering the production of systems based on radar and LiDAR. Further, the manufacturers of various electronics and semiconductor products experienced delays in lead time, which restrained the collision avoidance and object detection maritime market growth till mid-2020. According to the Marine Traffic data, ship arrivals decreased in nearly all of China’s ports from January to March 2020. Container exports out of Chinese ports were severely disrupted during the second half of 2020, as the ports were under-staffed and were unable to forward and receive containers inland. The outlook post-COVID 19 for the collision avoidance and object detection maritime market growth seems favorable for most collision avoidance and object detection maritime market players. This is primarily owing to removal of travel restrictions and increasing consumer spending on cruise ships. Growth of passenger cruises and rise in tourism is favoring adoption these systems in cruise ships, positively impacting collision avoidance and object detection maritime market growth.
The collision avoidance and object detection market in APAC is expected to experience substantial growth opportunities with persistent developments in new technologies by various industry players. For instance, in August 2022, the Singapore marine industry received its first autonomous vessel verified with a smart (autonomous) notation of the Maritime and Port Authority of Singapore (MPA). The harbor tug was first rewarded with remote-control navigation and autonomous notation from ABS. Also, progress in the IT infrastructure with the implementation of 5G technology is bolstering the connectivity for real-time data collection and monitoring, encouraging the use of collision avoidance and object detection systems in maritime fleets for safety and real-time scheduling. Port docking, real-time traffic management, and collision avoidance (of two ships) can be mitigated by the collision avoidance and object detection systems. In February 2020, BSB Artificial Intelligence developed OSCAR, a sea-based system designed using FLIR thermal imaging technology, to detect floating objects on seawater. Such developments are expected to propel the collision avoidance and object detection maritime market growth in the coming years.
On the basis of application, the collision avoidance and object detection maritime market is segmented into blind spot detection, night vision, and others. The others segment accounted for the largest share of the market in 2021. The others segment includes systems such as fish tracking systems, mine detection systems, and thermal imaging systems. Thermal imaging technology is used to detect and avoid floating objects that are difficult to locate. Further, thermal imaging systems are highly effective in robust marine operations.
Benewake (Beijing) Co., Ltd.; Furono Electric Co., Ltd.; Garmin Ltd.; Orlaco Products BV; Raytheon Anschutz GmbH; Robopec SAS; Sea Machines Robotics, Inc.; Teledyne FLIR LLC; Terma A/S and Velodyne Lidar, Inc. are among the key collision avoidance and object detection maritime market players.
The overall collision avoidance and object detection maritime market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the collision avoidance and object detection maritime market. The process also serves the purpose of obtaining an overview and forecast of the collision avoidance and object detection maritime market size with respect to all market segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights. Participants in this process include VPs, business development managers, market intelligence managers, national sales managers, external consultants—such as valuation experts, research analysts, and key opinion leaders—specializing in the collision avoidance and object detection maritime market.
TABLE OF CONTENTS
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. Collision Avoidance and Object Detection Maritime Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia Pacific
4.2.4 Middle East & Africa
4.2.5 South America
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. 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 – Global Market Analysis
6.1 Collision Avoidance and Object Detection Maritime Market Overview
6.2 Collision Avoidance and Object Detection Maritime Market Forecast and Analysis
6.3 Market Positioning – Global Key Players
7. Collision Avoidance and Object Detection Maritime Market Analysis – By Technology
7.1 Overview
7.2 Collision Avoidance and Object Detection Maritime Market, By Technology (2021 And 2028)
7.3 LiDAR
7.3.1 Overview
7.3.2 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 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 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 Others: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast To 2028 (US$ Million)
8. Global Collision Avoidance and Object Detection Maritime Market Analysis – By Application
8.1 Overview
8.2 Collision Avoidance and Object Detection Maritime Market, By Application (2021 And 2028)
8.3 Blind Spot Detection
8.3.1 Overview
8.3.2 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 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 Others: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast To 2028 (US$ Million)
9. Global Collision Avoidance and Object Detection Maritime Market Analysis – By End user
9.1 Overview
9.2 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 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 Autonomous Underwater Vehicle (AUV): Collision Avoidance and Object Detection Maritime Market Revenue and Forecast To 2028 (US$ Million)
10. Collision Avoidance and Object Detection Maritime Market – Geographic Analysis
10.1 Overview
10.2 North America: Collision Avoidance and Object Detection Maritime Market
10.2.1 North America: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America: Collision Avoidance and Object Detection Maritime Market, by Technology
10.2.3 North America: Collision Avoidance and Object Detection Maritime Market, by Application
10.2.4 North America: Collision Avoidance and Object Detection Maritime Market, by End User
10.2.5 North America: Collision Avoidance and Object Detection Maritime Market, by Key Country
10.2.5.1 US: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.1.1 US: Collision Avoidance and Object Detection Maritime Market, by Technology
10.2.5.1.2 US: Collision Avoidance and Object Detection Maritime Market, by Application
10.2.5.1.3 US: Collision Avoidance and Object Detection Maritime Market, by End User
10.2.5.2 Canada: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada: Collision Avoidance and Object Detection Maritime Market, by Technology
10.2.5.2.2 Canada: Collision Avoidance and Object Detection Maritime Market, by Application
10.2.5.2.3 Canada: Collision Avoidance and Object Detection Maritime Market, by End User
10.2.5.3 Mexico: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico: Collision Avoidance and Object Detection Maritime Market, by Technology
10.2.5.3.2 Mexico: Collision Avoidance and Object Detection Maritime Market, by Application
10.2.5.3.3 Mexico: Collision Avoidance and Object Detection Maritime Market, by End User
10.3 Europe: Collision Avoidance and Object Detection Maritime Market
10.3.1 Europe: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: Collision Avoidance and Object Detection Maritime Market, by Technology
10.3.3 Europe: Collision Avoidance and Object Detection Maritime Market, by Application
10.3.4 Europe: Collision Avoidance and Object Detection Maritime Market, by End User
10.3.5 Europe: Collision Avoidance and Object Detection Maritime Market, by Key Country
10.3.5.1 Germany: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 Germany: Collision Avoidance and Object Detection Maritime Market, by Technology
10.3.5.1.2 Germany: Collision Avoidance and Object Detection Maritime Market, by Application
10.3.5.1.3 Germany: Collision Avoidance and Object Detection Maritime Market, by End User
10.3.5.2 France: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 France: Collision Avoidance and Object Detection Maritime Market, by Technology
10.3.5.2.2 France: Collision Avoidance and Object Detection Maritime Market, by Application
10.3.5.2.3 France: Collision Avoidance and Object Detection Maritime Market, by End User
10.3.5.3 Italy: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 Italy: Collision Avoidance and Object Detection Maritime Market, by Technology
10.3.5.3.2 Italy: Collision Avoidance and Object Detection Maritime Market, by Application
10.3.5.3.3 Italy: Collision Avoidance and Object Detection Maritime Market, by End User
10.3.5.4 UK: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 UK: Collision Avoidance and Object Detection Maritime Market, by Technology
10.3.5.4.2 UK: Collision Avoidance and Object Detection Maritime Market, by Application
10.3.5.4.3 UK: Collision Avoidance and Object Detection Maritime Market, by End User
10.3.5.5 Russia: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Russia: Collision Avoidance and Object Detection Maritime Market, by Technology
10.3.5.5.2 Russia: Collision Avoidance and Object Detection Maritime Market, by Application
10.3.5.5.3 Russia: Collision Avoidance and Object Detection Maritime Market, by End User
10.3.5.6 Rest of Europe: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe: Collision Avoidance and Object Detection Maritime Market, by Technology
10.3.5.6.2 Rest of Europe: Collision Avoidance and Object Detection Maritime Market, by Application
10.3.5.6.3 Rest of Europe: Collision Avoidance and Object Detection Maritime Market, by End User
10.4 APAC: Collision Avoidance and Object Detection Maritime Market
10.4.1 APAC: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.4.2 APAC: Collision Avoidance and Object Detection Maritime Market, by Technology
10.4.3 APAC: Collision Avoidance and Object Detection Maritime Market, by Application
10.4.4 APAC: Collision Avoidance and Object Detection Maritime Market, by End User
10.4.5 APAC: Collision Avoidance and Object Detection Maritime Market, by Key Country
10.4.5.1 Australia: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.1.1 Australia: Collision Avoidance and Object Detection Maritime Market, by Technology
10.4.5.1.2 Australia: Collision Avoidance and Object Detection Maritime Market, by Application
10.4.5.1.3 Australia: Collision Avoidance and Object Detection Maritime Market, by End User
10.4.5.2 China: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.2.1 China: Collision Avoidance and Object Detection Maritime Market, by Technology
10.4.5.2.2 China: Collision Avoidance and Object Detection Maritime Market, by Application
10.4.5.2.3 China: Collision Avoidance and Object Detection Maritime Market, by End User
10.4.5.3 India: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.3.1 India: Collision Avoidance and Object Detection Maritime Market, by Technology
10.4.5.3.2 India: Collision Avoidance and Object Detection Maritime Market, by Application
10.4.5.3.3 India: Collision Avoidance and Object Detection Maritime Market, by End User
10.4.5.4 Japan: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.4.1 Japan: Collision Avoidance and Object Detection Maritime Market, by Technology
10.4.5.4.2 Japan: Collision Avoidance and Object Detection Maritime Market, by Application
10.4.5.4.3 Japan: Collision Avoidance and Object Detection Maritime Market, by End User
10.4.5.5 South Korea: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.5.1 South Korea: Collision Avoidance and Object Detection Maritime Market, by Technology
10.4.5.5.2 South Korea: Collision Avoidance and Object Detection Maritime Market, by Application
10.4.5.5.3 South Korea: Collision Avoidance and Object Detection Maritime Market, by End User
10.4.5.6 Rest of Asia Pacific: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.6.1 Rest of Asia Pacific: Collision Avoidance and Object Detection Maritime Market, by Technology
10.4.5.6.2 Rest of Asia Pacific: Collision Avoidance and Object Detection Maritime Market, by Application
10.4.5.6.3 Rest of Asia Pacific: Collision Avoidance and Object Detection Maritime Market, by End User
10.5 Middle East and Africa: Collision Avoidance and Object Detection Maritime Market
10.5.1 Middle East and Africa: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.5.2 Middle East and Africa: Collision Avoidance and Object Detection Maritime Market, by Technology
10.5.3 Middle East and Africa: Collision Avoidance and Object Detection Maritime Market, by Application
10.5.4 Middle East and Africa: Collision Avoidance and Object Detection Maritime Market, by End User
10.5.5 Middle East and Africa: Collision Avoidance and Object Detection Maritime Market, by Key Country
10.5.5.1 South Africa: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.1.1 South Africa: Collision Avoidance and Object Detection Maritime Market, by Technology
10.5.5.1.2 South Africa: Collision Avoidance and Object Detection Maritime Market, by Application
10.5.5.1.3 South Africa: Collision Avoidance and Object Detection Maritime Market, by End User
10.5.5.2 Saudi Arabia: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.2.1 Saudi Arabia: Collision Avoidance and Object Detection Maritime Market, by Technology
10.5.5.2.2 Saudi Arabia: Collision Avoidance and Object Detection Maritime Market, by Application
10.5.5.2.3 Saudi Arabia: Collision Avoidance and Object Detection Maritime Market, by End User
10.5.5.3 UAE: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.3.1 UAE: Collision Avoidance and Object Detection Maritime Market, by Technology
10.5.5.3.2 UAE: Collision Avoidance and Object Detection Maritime Market, by Application
10.5.5.3.3 UAE: Collision Avoidance and Object Detection Maritime Market, by End User
10.5.5.4 Rest of MEA: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.4.1 Rest of MEA: Collision Avoidance and Object Detection Maritime Market, by Technology
10.5.5.4.2 Rest of MEA: Collision Avoidance and Object Detection Maritime Market, by Application
10.5.5.4.3 Rest of MEA: Collision Avoidance and Object Detection Maritime Market, by End User
10.6 South America: Collision Avoidance and Object Detection Maritime Market
10.6.1 South America: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.6.2 South America: Collision Avoidance and Object Detection Maritime Market, by Technology
10.6.3 South America: Collision Avoidance and Object Detection Maritime Market, by Application
10.6.4 South America: Collision Avoidance and Object Detection Maritime Market, by End User
10.6.5 South America: Collision Avoidance and Object Detection Maritime Market, by Key Country
10.6.5.1 Brazil: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.1.1 Brazil: Collision Avoidance and Object Detection Maritime Market, by Technology
10.6.5.1.2 Brazil: Collision Avoidance and Object Detection Maritime Market, by Application
10.6.5.1.3 Brazil: Collision Avoidance and Object Detection Maritime Market, by End User
10.6.5.2 Argentina: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.2.1 Argentina: Collision Avoidance and Object Detection Maritime Market, by Technology
10.6.5.2.2 Argentina: Collision Avoidance and Object Detection Maritime Market, by Application
10.6.5.2.3 Argentina: Collision Avoidance and Object Detection Maritime Market, by End User
10.6.5.3 Rest of South America: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.3.1 Rest of South America: Collision Avoidance and Object Detection Maritime Market, by Technology
10.6.5.3.2 Rest of South America: Collision Avoidance and Object Detection Maritime Market, by Application
10.6.5.3.3 Rest of South America: Collision Avoidance and Object Detection Maritime Market, by End User
11. Collision Avoidance and Object Detection Maritime Market – COVID-19 Impact Analysis
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11.6 South America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition
13. Company Profiles
13.1 Benewake (Beijing) Co Ltd
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Orlaco Products BV
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Raytheon Anschutz GmbH
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Garmin Ltd
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Sea Machines Robotics Inc
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Robopec SAS
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Velodyne Lidar Inc
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Terma AS
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Teledyne FLIR LLC
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Furuno Electric Co Ltd
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 3. North America: Collision Avoidance and Object Detection Maritime Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 4. North America: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 5. North America: Collision Avoidance and Object Detection Maritime Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 6. US: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 7. US: Collision Avoidance and Object Detection Maritime Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 8. US: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada: Collision Avoidance and Object Detection Maritime Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 11. Canada: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 13. Mexico: Collision Avoidance and Object Detection Maritime Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 14. Mexico: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 15. Europe: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 16. Europe: Collision Avoidance and Object Detection Maritime Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 17. Europe: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 18. Europe: Collision Avoidance and Object Detection Maritime Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 19. Germany: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 20. Germany: Collision Avoidance and Object Detection Maritime Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 21. Germany: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 22. France: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 23. France: Collision Avoidance and Object Detection Maritime Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 24. France: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 25. Italy: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 26. Italy: Collision Avoidance and Object Detection Maritime Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 27. Italy: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 28. UK: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 29. UK: Collision Avoidance and Object Detection Maritime Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 30. UK: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 31. Russia: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 32. Russia: Collision Avoidance and Object Detection Maritime Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 33. Russia: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 34. Rest of Europe: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 35. Rest of Europe: Collision Avoidance and Object Detection Maritime Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 36. Rest of Europe: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 37. APAC: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 38. APAC: Collision Avoidance and Object Detection Maritime Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 39. APAC: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 40. APAC: Collision Avoidance and Object Detection Maritime Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 41. Australia: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 42. Australia: Collision Avoidance and Object Detection Maritime Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 43. Australia: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 44. China: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 45. China: Collision Avoidance and Object Detection Maritime Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 46. China: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 47. India: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 48. India: Collision Avoidance and Object Detection Maritime Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 49. India: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 50. Japan: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 51. Japan: Collision Avoidance and Object Detection Maritime Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 52. Japan: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 53. South Korea: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 54. South Korea: Collision Avoidance and Object Detection Maritime Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 55. South Korea: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 56. Rest of Asia Pacific: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 57. Rest of Asia Pacific: Collision Avoidance and Object Detection Maritime Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 58. Rest of Asia Pacific: Collision Avoidance and Object Detection Maritime Market, by End User– Revenue and Forecast to 2028 (US$ Million)
Table 59. Middle East and Africa: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 60. Middle East and Africa: Collision Avoidance and Object Detection Maritime Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 61. Middle East and Africa: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 62. Middle East and Africa: Collision Avoidance and Object Detection Maritime Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 63. South Africa: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 64. South Africa: Collision Avoidance and Object Detection Maritime Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 65. South Africa: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 66. Saudi Arabia: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 67. Saudi Arabia: Collision Avoidance and Object Detection Maritime Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 68. Saudi Arabia: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 69. UAE: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 70. UAE: Collision Avoidance and Object Detection Maritime Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 71. UAE: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 72. Rest of MEA: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 73. Rest of MEA: Collision Avoidance and Object Detection Maritime Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 74. Rest of MEA: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 75. South America: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 76. South America: Collision Avoidance and Object Detection Maritime Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 77. South America: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 78. South America: Collision Avoidance and Object Detection Maritime Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 79. Brazil: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 80. Brazil: Collision Avoidance and Object Detection Maritime Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 81. Brazil: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 82. Argentina: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 83. Argentina: Collision Avoidance and Object Detection Maritime Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 84. Argentina: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 85. Rest of South America: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 86. Rest of South America: Collision Avoidance and Object Detection Maritime Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 87. Rest of South America: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 88. List of Abbreviation
LIST OF FIGURES
Figure 1. Collision Avoidance and Object Detection Maritime Market Segmentation
Figure 2. Collision Avoidance and Object Detection Maritime Market Segmentation – By Geography
Figure 3. Global Collision Avoidance and Object Detection Maritime Market Overview
Figure 4. Front Segment held the Largest Share of Collision Avoidance and Object Detection Maritime Market
Figure 5. 3-point Segment held the Largest Share of Collision Avoidance and Object Detection Maritime Market
Figure 6. Passenger Cars Segment held the Largest Share of Collision Avoidance and Object Detection Maritime Market
Figure 7. Asia Pacific to Show Great Traction During Forecast Period
Figure 8. North America– PEST Analysis
Figure 9. Europe – PEST Analysis
Figure 10. Asia Pacific– PEST Analysis
Figure 11. Middle East & Africa – PEST Analysis
Figure 12. South America – PEST Analysis
Figure 13. Expert Opinion
Figure 14. Collision Avoidance and Object Detection Maritime Market: Impact Analysis of Drivers and Restraints
Figure 15. Collision Avoidance and Object Detection Maritime Market – Geographic Analysis
Figure 16. Collision Avoidance and Object Detection Maritime Market Forecast and Analysis (US$ Million)
Figure 17. Collision Avoidance and Object Detection Maritime Market, By Technology (2021 and 2028)
Figure 18. LiDAR: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Computer Vision: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Radar: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Others: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Collision Avoidance and Object Detection Maritime Market, By Application (2021 and 2028)
Figure 23. Blind Spot Detection: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Night Vision: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Others: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Collision Avoidance and Object Detection Maritime Market, By End user (2021 and 2028)
Figure 27. Unmanned Surface Vehicle: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Ships: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. Autonomous Underwater Vehicle (AUV): Collision Avoidance and Object Detection Maritime Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. Global Collision Avoidance and Object Detection Maritime Market Revenue Share, By Region (2021 & 2028)
Figure 31. North America: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. North America: Collision Avoidance and Object Detection Maritime Market Revenue Share, by Technology (2021 & 2028)
Figure 33. North America: Collision Avoidance and Object Detection Maritime Market Revenue Share, by Application (2021 & 2028)
Figure 34. North America: Collision Avoidance and Object Detection Maritime Market Revenue Share, by End User (2021 & 2028)
Figure 35. North America: Collision Avoidance and Object Detection Maritime Market Revenue Share, by Key Country (2021 & 2028)
Figure 36. US: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Canada: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Mexico: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Europe: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Europe: Collision Avoidance and Object Detection Maritime Market Revenue Share, by Technology (2021 & 2028)
Figure 41. Europe: Collision Avoidance and Object Detection Maritime Market Revenue Share, by Application (2021 & 2028)
Figure 42. Europe: Collision Avoidance and Object Detection Maritime Market Revenue Share, by End User (2021 & 2028)
Figure 43. Europe: Collision Avoidance and Object Detection Maritime Market Revenue Share, by Key Country (2021 & 2028)
Figure 44. Germany: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 45. France: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 46. Italy: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 47. UK: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 48. Russia: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 49. Rest of Europe: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 50. APAC: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 51. APAC: Collision Avoidance and Object Detection Maritime Market Revenue Share, by Technology (2021 & 2028)
Figure 52. APAC: Collision Avoidance and Object Detection Maritime Market Revenue Share, by Application (2021 & 2028)
Figure 53. APAC: Collision Avoidance and Object Detection Maritime Market Revenue Share, by End User (2021 & 2028)
Figure 54. APAC: Collision Avoidance and Object Detection Maritime Market Revenue Share, by Key Country (2021 & 2028)
Figure 55. Australia: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 56. China: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 57. India: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 58. Japan: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 59. South Korea: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 60. Rest of Asia Pacific: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 61. Middle East and Africa: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 62. Middle East and Africa: Collision Avoidance and Object Detection Maritime Market Revenue Share, by Technology (2021 & 2028)
Figure 63. Middle East and Africa: Collision Avoidance and Object Detection Maritime Market Revenue Share, by Application (2021 & 2028)
Figure 64. Middle East and Africa: Collision Avoidance and Object Detection Maritime Market Revenue Share, by End User (2021 & 2028)
Figure 65. Middle East and Africa: Collision Avoidance and Object Detection Maritime Market Revenue Share, by Key Country (2021 & 2028)
Figure 66. South Africa: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 67. Saudi Arabia: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 68. UAE: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 69. Rest of MEA: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 70. South America: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 71. South America: Collision Avoidance and Object Detection Maritime Market Revenue Share, by Technology (2021 & 2028)
Figure 72. South America: Collision Avoidance and Object Detection Maritime Market Revenue Share, by Application (2021 & 2028)
Figure 73. South America: Collision Avoidance and Object Detection Maritime Market Revenue Share, by End User (2021 & 2028)
Figure 74. South America: Collision Avoidance and Object Detection Maritime Market Revenue Share, by Key Country (2021 & 2028)
Figure 75. Brazil: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 76. Argentina: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 77. Rest of South America: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)
Figure 78. Impact of COVID-19 Pandemic in North America Country Markets
Figure 79. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 80. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 81. Impact of COVID-19 Pandemic in MEA Country Markets
Figure 82. Impact of COVID-19 Pandemic in South America Country Markets
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the collision avoidance and object detection maritime market
• Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in the collision avoidance and object detection maritime market thereby allowing players across the value chain to develop effective long-term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
The List of Companies – Collision Avoidance and Object Detection Maritime Market
1. Benewake (Beijing) Co Ltd
2. Orlaco Products BV
3. Raytheon Anschutz GmbH
4. Garmin Ltd
5. Sea Machines Robotics Inc
6. Robopec SAS
7. Velodyne Lidar Inc
8. Terma A/S
9. Teledyne FLIR LLC
10. Furuno Electric Co Ltd
According to a new research report, titled “Collision Avoidance and Object Detection Maritime Market Forecast to 2028 – COVID-19 Impact and Global Analysis” published by The Insight Partners, the market is expected to reach US$ 722.09 million by 2028, registering a CAGR of 8.2% from 2022 to 2028.
The Europe collision avoidance and object detection maritime market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Europe has a prominent maritime industry along with a strong industrial manufacturing sector and robust international trade relationships The availability of technologically well-equipped infrastructure to handle large cargo fleets significantly contributes to the adoption of collision avoidance and object detection systems in Europe. The region’s strong economic status and technologically well-equipped infrastructure to handle large cargo fleets have significantly contributed to the growth of collision avoidance and object detection maritime market in recent years. Presently, a large number of commercial and defense vessels have been deployed in the shipping industries in the UK, France, Russia, Germany, and Italy. The strong network of domestic marine transport for passenger and goods transfer has resulted in the early adoption of real-time safety solutions for the efficient management of maritime operations. Thus, the requirement for collision avoidance and object detection solutions to efficiently handle the fleet with utmost safety has increased. Furthermore, the rising adoption of ships for passenger transportation is another major contributing factor to the market growth. Such These factors are collectively boosting the collision avoidance and object detection maritime market size in Europe.
Globally, the increase in development of technologies for increasing the safety in maritime industry is propelling the collision avoidance and object detection maritime market growth. Also, the rise in the adoption of autonomous ship navigation systems for commercial purpose is further fueling the collision avoidance and object detection maritime market growth. Autonomous systems use sensor data for object detection, obstacle avoidance, mapping, localization, and other tasks. Autonomous navigation systems are also used for sensor fusion and testing for high-performance applications using multi-sensor systems, including global navigation satellite systems, inertial sensors, odometers, magnetometers, radars, LiDAR, cameras, barometers, maps, infrared, and ultrasound sensors. The increase in research studies and evolution of advanced technologies in navigation systems is further aiding the market growth over the forecast period. The use of machine learning algorithms and automatic communication modules that are capable of developing and agreeing on manoeuvres between autonomous vessels is bolstering the demand for collision avoidance systems in the maritime industry.
The COVID-19 pandemic hampered operations in the maritime industry. Lockdowns and other social restrictions slowed down shipbuilding and the production of ship components, including collision avoidance and detection systems, due to the shortage of raw materials and electronic components. The COVID-19 pandemic affected global trade flows at an unprecedented speed and scale. Maritime trade collapsed in sub-Saharan Africa, Latin America, the Caribbean, North Africa, North America, and the European Union in 2020. These factors hindered the demand for collision avoidance and object detection solutions globally.
The collision avoidance and object detection maritime market is analyzed on the basis of technology, application, and end user. Based on technology, the market is segmented into LiDAR, computer vision, radar, and others. Based on application, the collision avoidance and object detection maritime market is segmented into blind spot detection, night vison, and others. Based on end user, the collision avoidance and object detection maritime market is segmented into unmanned surface vehicles, ships, and autonomous underwater vehicles.
The top global collision avoidance and object detection maritime market players include Raytheon Anschutz GmbH; Teledyne FLIR LLC; Furono Electric Co., Ltd.; Garmin Ltd.; and Terma A/S in 2021. The positioning of these “Five Key Players” is derived based on the following key performance parameters: overall revenue, segment revenue, geographic reach, customer base, new solution/service launches, market initiatives, investments for technology upgrades, R&D investments, mergers & acquisitions, and other market-related activities. Other notable collision avoidance and object detection maritime market players profiled in the report are Benewake (Beijing) Co., Ltd.; Sea Machines Robotics, Inc.; Robopec SAS; Velodyne Lidar, Inc.; and Orlaco Products BV.
Key Findings of Market Study:
An increased adoption of AI and ML in marine navigation systems is a key trending factor that accelerates the deployment of collision avoidance and object detection systems in the maritime industry. The adoption of AI and ML provides added safety to navigation systems with greater accuracy and efficiency. The associated advantages of using the AI and ML in maritime industry enhances the predictive capabilities, in turn, making the operations more efficient. The technologies enable real-time analytics, improved scheduling, and automated processes. The AI optimizes navigation by using machinery and engines’ data collected and transmitted by connected sensors, alongside allowing predictive maintenance. Such trends are expected to boost the collision avoidance and object detection maritime market size worldwide in the coming years.
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