Marine Engine Monitoring System Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Marine Engine Monitoring System Market Report is Segmented by Type (Vessel, Container, Passenger, and Others), End User (transport Companies, Military, and Others), and Geography (North America, Europe, Asia-Pacific, and the Rest of the World). The Report Offers the Market Size in Value (USD Billion), and Forecasts for all the Above Segments.

Marine Engine Monitoring System Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Marine Engine Monitoring System Industry Overview

The Marine Engine Monitoring system market is dominated by several key players such as ABB Ltd., Caterpillar Inc., Cummins Inc., Hyundai Heavy Industries Co. Ltd., and others. Companies are investing heavily in research and development for the innovation of new and advanced products and technologies that enable users to monitor their engines for proper preventive and predictive maintenance to reduce the probability of engine downtime. For instance, 

  • In April 2023, DNV introduced Emissions Connect, a data verification engine and data management platform designed to assist the maritime industry in accurately assessing and working with emissions data. The solution provides a reliable, verified source of emissions data that can be securely shared with all stakeholders involved in the maritime value chain.
  • In March 2022, ABB Ltd. introduced Tekomar XPERT marine, a comprehensive digital solution that offers shipowners simplified management of propulsion efficiency and emissions reporting.

Marine Engine Monitoring System Market Leaders

  1. ABB Ltd.

  2. Caterpillar Inc.

  3. Cummins Inc.

  4. Emersion electric Co.

  5. Hyundai Heavy Industries Co., Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Marine Engine Monitoring System Market Concentration

Marine Engine Monitoring System Market Report Snapshots

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