Europe Maritime Real-time Positioning System Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Component (Hardware, Software, and Services), Technology (RFID, GPS, and Others), Application (Fleet Management, Inventory and Asset Management, and Crew Tracking), and Vessel Type (Fishing Vessels, Cargo Vessels, Service Vessels, Passenger Ships and Ferries, and Others)

Market Introduction

The continuous technological advancements have drastically improved the ways of tracking and monitoring the vessels in the last few years. The developing satellite services have facilitated ship tracking in all over the countries across Europe that ensure the safety of vessels from different unseen threats. By using advanced technologies such as radio-frequency identification (RFID), global positioning system (GPS), Wi-Fi, and Bluetooth for navigating and monitoring, the vessel owners and marine agencies can prevent illegal activities from taking place in waters. The use of advanced solutions assists large vessel owners to get real-time information about vessels. The oceanographers and mariners are using GPS data for conducting an underwater survey, navigational hazard location & mapping, and buoy placement. The vessels such as fishing, cargo, passenger ships & ferries, and service uses GPS technology to locate accurate track fish migrations, fishing locations, and ensure complete adherence of regulations set for using real-time tracking solutions. In Europe, the maritime real-time positioning system market is growing at a modest pace owing to import of fisheries and other seafood products in Europe through national waters is anticipated to promote the scope of maritime real-time positioning system. Greater the demand for fisheries, more will be the use of fishing vessels which will influence the adoption of new tracking solutions, which will drive the Europe maritime real-time positioning system market growth. Other factors such as upsurge in the number of cargo vessels and increase in use of RFID in shipping industry is expected to drive the Europe maritime real-time positioning system market growth.

Furthermore, in case of COVID-19, Europe is highly affected specially the Russia and UK. Europe is a major manufacturing and industrial hub for several industrial sectors such as automotive, aerospace & defense, energy & power, pharmaceuticals, and food & beverages. Hence, logistics and transportation plays a crucial role in ensuring the development and growth of these industries in the region. The sea freight is an essential part of region’s economy. The UK’s logistics and transportation sector is widely spread and handles significantly higher volumes of food & beverage, pharmaceuticals & chemicals. Attributing to the rise in the number of COVID-19 infected patients, the British government imposed lockdown measure which has affected the maritime real-time positioning system market badly in the country. The Association of “European Freight Forwarders” and “Polish Chamber of Forwarding and Logistics” have already raised warnings regarding the limited export loads as well as delays in port operations, owing to non-availability operators and manpower which is expected to affect the Europe maritime real-time positioning system market negatively.

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Market Overview and Dynamics

The Europe maritime real-time positioning system market is expected to grow from US$ 42.91 million in 2019 to US$ 383.78 million by 2027; it is estimated to grow at a CAGR of 32.0 % from 2020 to 2027. Escalating growth potential specially across developing countries across Europe is expected to accelerate the Europe maritime real-time positioning system market. The developing countries in Europe region are witnessing notable growth rate in the maritime industry. Stable economies and technological advancements support the growth of a diversified range of industries and markets in the developing countries across Europe. Rapid developments pertaining to technologies, initiatives from governments, and digitalization of economies are among the factors propelling the overall economic growth of Europe across developing countries. All the factors promote globalization and technological growth in developing countries across Europe. Also, the robust sea-trade and logistics arena in the region is steering the growth of the maritime real-time positioning system market at a significant extent across countries in Europe. So the growth in the marine industry across Europe is expected to drive the Europe maritime real-time positioning system market

Key Market Segments

In terms of component, the hardware segment accounted for the largest share of the Europe maritime real-time positioning system market in 2019. In terms of technology, the RFID segment held a larger market share of the Europe maritime real-time positioning system market in 2019. Similarly, in terms of application, the fleet management segment held a larger market share of the Europe maritime real-time positioning system market in 2019. Further, the cargo vessels segment held a larger share of the Europe maritime real-time positioning system market based on vessel type in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the Europe maritime real-time positioning system market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are DIMEQ AS, FAVENDO GMBH, Martek Marine, MER Group, ORBCOMM Inc., Zebra Technologies Corporation.

Reasons to buy report

To understand the Europe maritime real-time positioning system market landscape and identify market segments that are most likely to guarantee a strong return
Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe maritime real-time positioning system market
Efficiently plan M&A and partnership deals in Europe maritime real-time positioning system market by identifying market segments with the most promising probable sales
Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe maritime real-time positioning system market
Obtain market revenue forecast for market by various segments from 2020-2027 in Europe region.

Europe Maritime Real-time Positioning System Market Segmentation

Europe Maritime Real-time Positioning System Market - By Component

Hardware

- Readers and Trackers
- Tags/Badges
- Others

Software
Services

Europe Maritime Real-time Positioning System Market - By Technology

RFID
GPS
Others

Europe Maritime Real-time Positioning System Market – By Application

Fleet Management
Inventory and Asset Management
Crew Tracking

Europe Maritime Real-time Positioning System Market - By Vessel Type

Fishing Vessels
Cargo Vessels
Service Vessels
Passenger Ships and Ferries
Others

Europe Maritime Real-time Positioning System Market - By Country

Europe Maritime Real-time Positioning System Market - Company Profiles

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. Europe Maritime Real-time Positioning System Market Landscape

4.1 Market Overview

4.2 Europe PEST Analysis

4.3 Expert Opinion

4.4 Porter’s Five Forces Analysis

4.4.1 Bargaining Power of Buyers

4.4.2 Bargaining Power of Suppliers

4.4.3 Threat to New Entrants

4.4.4 Threat to Substitutes

4.4.5 Competitive Rivalry

5. Europe Maritime Real-time Positioning System Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increase in Use of RFID in Shipping Industry

5.1.2 Upsurge in the Number of Cargo Vessels

5.2 Market Restraint

5.2.1 Technical Issues and Deficiency of Skilled Workforce

5.3 Market Opportunity

5.3.1 Escalating Growth Potential

5.4 Market Trend

5.4.1 Rise of Advanced Technologies

5.5 Impact Analysis of Drivers and Restraints

6. Maritime Real-time Positioning System Market – Europe Analysis

6.1 Europe Maritime Real-time Positioning System Market Overview

6.2 Europe Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

6.3 Market Positioning – Market Players Ranking

7. Europe Maritime Real-time Positioning System Market Analysis – By Component

7.1 Overview

7.2 Europe Maritime Real-time Positioning System Market, By Component (2019 and 2027)

7.3 Hardware

7.3.1 Overview

7.3.2 Hardware: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

7.3.2.1 Readers and Trackers

7.3.2.1.1 Readers and Trackers: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

7.3.2.2 Tags/Badges

7.3.2.2.1 Tags/Badges: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

7.3.2.3 Others

7.3.2.3.1 Others: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

7.4 Software

7.4.1 Overview

7.4.2 Software: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

7.5 Services

7.5.1 Overview

7.5.2 Services: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

8. Europe Maritime Real-time Positioning System Market – By Application

8.1 Overview

8.2 Europe Maritime Real-time Positioning System Market, by Application (2019 and 2027)

8.3 Fleet Management

8.3.1 Overview

8.3.2 Fleet Management: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

8.4 Inventory and Asset Management

8.4.1 Overview

8.4.2 Inventory and Asset Management: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

8.5 Crew Tracking

8.5.1 Overview

8.5.2 Crew Tracking: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

9. Europe Maritime Real-time Positioning System Market Analysis – By Technology

9.1 Overview

9.2 Europe Maritime Real-time Positioning System Market, By Technology (2019 and 2027)

9.3 RFID

9.3.1 Overview

9.3.2 RFID: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

9.4 GPS

9.4.1 Overview

9.4.2 GPS: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

9.5 Others

9.5.1 Overview

9.5.2 Others: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

10. Europe Maritime Real-time Positioning System Market Analysis – By Vessel Type

10.1 Overview

10.2 Europe Maritime Real-time Positioning System Market, By Vessel Type (2019 and 2027)

10.3 Fishing Vessels

10.3.1 Overview

10.3.2 Fishing Vessels: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

10.4 Cargo Vessels

10.4.1 Overview

10.4.1.1 Cargo Vessels: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

10.5 Service Vessels

10.5.1 Overview

10.5.2 Service Vessels: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

10.6 Passenger Ships and Ferries

10.6.1 Overview

10.6.2 Passenger Ships and Ferries: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

10.7 Others

10.7.1 Overview

10.7.2 Others: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

11. Europe Maritime Real-Time Positioning System Market – Country Analysis

11.1 Overview

11.1.1 Europe: Maritime Real-Time Positioning System Market, By Country

11.1.1.1 Germany: Maritime Real-Time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

11.1.1.1.1 Germany: Maritime Real-Time Positioning System Market, by Component

11.1.1.1.1.1 Germany: Maritime Real-time Positioning System Market, By Hardware Type

11.1.1.1.2 Germany: Maritime Real-Time Positioning System Market, by Technology

11.1.1.1.3 Germany: Maritime Real-Time Positioning System Market, by Application

11.1.1.1.4 Germany: Maritime Real-Time Positioning System Market, by Vessel Type

11.1.1.2 France: Maritime Real-Time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

11.1.1.2.1 France: Maritime Real-Time Positioning System Market, by Component

11.1.1.2.1.1 France: Maritime Real-Time Positioning System Market, By Hardware Type

11.1.1.2.2 France: Maritime Real-Time Positioning System Market, by Technology

11.1.1.2.3 France: Maritime Real-Time Positioning System Market, by Application

11.1.1.2.4 France: Maritime Real-Time Positioning System Market, by Vessel Type

11.1.1.3 Russia: Maritime Real-Time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

11.1.1.3.1 Russia: Maritime Real-Time Positioning System Market, by Component

11.1.1.3.1.1 Russia Maritime Real-Time Positioning System Market, By Hardware Type

11.1.1.3.2 Russia: Maritime Real-Time Positioning System Market, by Technology

11.1.1.3.3 Russia: Maritime Real-Time Positioning System Market, by Application

11.1.1.3.4 Russia: Maritime Real-Time Positioning System Market, by Vessel Type

11.1.1.4 UK: Maritime Real-Time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

11.1.1.4.1 UK: Maritime Real-Time Positioning System Market, by Component

11.1.1.4.1.1 UK Management Market, By Hardware Type

11.1.1.4.2 UK: Maritime Real-Time Positioning System Market, by Technology

11.1.1.4.3 UK: Maritime Real-Time Positioning System Market, by Application

11.1.1.4.4 UK: Maritime Real-Time Positioning System Market, by Vessel Type

11.1.1.5 Italy: Maritime Real-Time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

11.1.1.5.1 Italy: Maritime Real-Time Positioning System Market, by Component

11.1.1.5.1.1 Italy: Maritime Real-Time Positioning System Market, By Hardware Type

11.1.1.5.2 Italy: Maritime Real-Time Positioning System Market, by Technology

11.1.1.5.3 Italy: Maritime Real-Time Positioning System Market, by Application

11.1.1.5.4 Italy: Maritime Real-Time Positioning System Market, by Vessel Type

11.1.1.6 Rest of Europe: Maritime Real-Time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

11.1.1.6.1 Rest of Europe: Maritime Real-Time Positioning System Market, by Component

11.1.1.6.1.1 Rest of Europe Maritime Real-Time Positioning System Market, By Hardware Type

11.1.1.6.2 Rest of Europe: Maritime Real-Time Positioning System Market, by Technology

11.1.1.6.3 Rest of Europe: Maritime Real-Time Positioning System Market, by Application

11.1.1.6.4 Rest of Europe: Maritime Real-Time Positioning System Market, by Vessel Type

12. Impact of COVID-19 Outbreak

12.1 Europe: Impact Assessment of COVID-19 Pandemic

13. Industry Landscape

13.1 Overview

13.2 Market Initiative

13.3 Merger and Acquisition

14. Company Profiles

14.1 DIMEQ AS

14.1.1 Key Facts

14.1.2 Business Description

14.1.3 Products and Services

14.1.4 Financial Overview

14.1.5 SWOT Analysis

14.1.6 Key Developments

14.2 FAVENDO GMBH

14.2.1 Key Facts

14.2.2 Business Description

14.2.3 Products and Services

14.2.4 Financial Overview

14.2.5 SWOT Analysis

14.2.6 Key Developments

14.3 Martek Marine

14.3.1 Key Facts

14.3.2 Business Description

14.3.3 Products and Services

14.3.4 Financial Overview

14.3.5 SWOT Analysis

14.3.6 Key Developments

14.4 MER Group

14.4.1 Key Facts

14.4.2 Business Description

14.4.3 Products and Services

14.4.4 Financial Overview

14.4.5 SWOT Analysis

14.4.6 Key Developments

14.5 ORBCOMM Inc.

14.5.1 Key Facts

14.5.2 Business Description

14.5.3 Products and Services

14.5.4 Financial Overview

14.5.5 SWOT Analysis

14.5.6 Key Developments

14.6 Zebra Technologies Corporation

14.6.1 Key Facts

14.6.2 Business Description

14.6.3 Products and Services

14.6.4 Financial Overview

14.6.5 SWOT Analysis

14.6.6 Key Developments

15. Appendix

15.1 About The Insight Partners

15.2 Word Index

LIST OF TABLES

Table 1. Europe Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

Table 2. Germany Maritime Real-Time Positioning System Market, By Component – Revenue and Forecast to 2027 (US$ Million)

Table 3. Germany Maritime Real-Time Positioning System Market, By Hardware Type – Revenue and Forecast to 2027 (US$ Million)

Table 4. Germany Maritime Real-Time Positioning System Market, By Technology – Revenue and Forecast to 2027 (US$ Million)

Table 5. Germany Maritime Real-Time Positioning System Market, By Application – Revenue and Forecast to 2027 (US$ Million)

Table 6. Germany Maritime Real-Time Positioning System Market, By Vessel Type – Revenue and Forecast to 2027 (US$ Million)

Table 7. France Maritime Real-Time Positioning System Market, By Component – Revenue and Forecast to 2027 (US$ Million)

Table 8. France Maritime Real-Time Positioning System Market, By Hardware Type – Revenue and Forecast to 2027 (US$ Million)

Table 9. France Maritime Real-Time Positioning System Market, By Technology – Revenue and Forecast to 2027 (US$ Million)

Table 10. France Maritime Real-Time Positioning System Market, By Application – Revenue and Forecast to 2027 (US$ Million)

Table 11. France Maritime Real-Time Positioning System Market, By Vessel Type – Revenue and Forecast to 2027 (US$ Million)

Table 12. Russia Maritime Real-Time Positioning System Market, By Component – Revenue and Forecast to 2027 (US$ Million)

Table 13. Russia Maritime Real-Time Positioning System Market, By Hardware Type – Revenue and Forecast to 2027 (US$ Million)

Table 14. Russia Maritime Real-Time Positioning System Market, By Technology – Revenue and Forecast to 2027 (US$ Million)

Table 15. Russia Maritime Real-Time Positioning System Market, By Application – Revenue and Forecast to 2027 (US$ Million)

Table 16. Russia Maritime Real-Time Positioning System Market, By Vessel Type – Revenue and Forecast to 2027 (US$ Million)

Table 17. UK Maritime Real-Time Positioning System Market, By Component – Revenue and Forecast to 2027 (US$ Million)

Table 18. UK Maritime Real-Time Positioning System Market, By Hardware Type – Revenue and Forecast to 2027 (US$ Million)

Table 19. UK Maritime Real-Time Positioning System Market, By Technology – Revenue and Forecast to 2027 (US$ Million)

Table 20. UK Maritime Real-Time Positioning System Market, By Application – Revenue and Forecast to 2027 (US$ Million)

Table 21. UK Maritime Real-Time Positioning System Market, By Vessel Type – Revenue and Forecast to 2027 (US$ Million)

Table 22. Italy Maritime Real-Time Positioning System Market, By Component – Revenue and Forecast to 2027 (US$ Million)

Table 23. Italy Maritime Real-Time Positioning System Market, By Hardware Type – Revenue and Forecast to 2027 (US$ Million)

Table 24. Italy Maritime Real-Time Positioning System Market, By Technology – Revenue and Forecast to 2027 (US$ Million)

Table 25. Italy Maritime Real-Time Positioning System Market, By Application – Revenue and Forecast to 2027 (US$ Million)

Table 26. Italy Maritime Real-Time Positioning System Market, By Vessel Type – Revenue and Forecast to 2027 (US$ Million)

Table 27. Rest of Europe Maritime Real-Time Positioning System Market, By Component – Revenue and Forecast to 2027 (US$ Million)

Table 28. Rest of Europe Maritime Real-Time Positioning System Market, By Hardware Type – Revenue and Forecast to 2027 (US$ Million)

Table 29. Rest of Europe Maritime Real-Time Positioning System Market, By Technology – Revenue and Forecast to 2027 (US$ Million)

Table 30. Rest of Europe Maritime Real-Time Positioning System Market, By Application – Revenue and Forecast to 2027 (US$ Million)

Table 31. Rest of Europe Market, By Vessel Type – Revenue and Forecast to 2027 (US$ Million)

Table 32. List of Abbreviation

LIST OF FIGURES

Figure 1. Europe Maritime Real-time Positioning System Market Segmentation

Figure 2. Europe Maritime Real-time Positioning System Market Segmentation – By Country

Figure 3. Europe Maritime Real-time Positioning System Market Overview

Figure 4. Europe Maritime Real-time Positioning System Market, by Country

Figure 5. Europe Maritime Real-time Positioning System Market, By Vessel Type

Figure 6. Europe Maritime Real-time Positioning System Market, By Application

Figure 7. Europe Maritime Real-time Positioning System Market, By Technology

Figure 8. Europe Maritime Real-time Positioning System Market, By Component

Figure 9. Europe: PEST Analysis

Figure 10. Expert Opinion

Figure 11. Porter’s Five Forces Analysis

Figure 12. Europe Maritime Real-time Positioning System Market Impact Analysis of Drivers and Restraint

Figure 13. Europe Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 14. Europe Maritime Real-time Positioning System Market Revenue Share, by Component (2019 and 2027)

Figure 15. Europe Hardware: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 16. Europe Readers and Trackers: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 17. Europe Tags/Badges: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 18. Europe Others: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 19. Europe Software: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 20. Europe Services: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 21. Europe Maritime Real-time Positioning System Market Revenue Share, by Application (2019 and 2027)

Figure 22. Europe Fleet Management: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 23. Europe Inventory and Asset Management: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 24. Europe Crew Tracking: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 25. Europe Maritime Real-time Positioning System Market Revenue Share, by Technology (2019 and 2027)

Figure 26. Europe RFID: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 27. Europe GPS: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 28. Europe Others: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 29. Europe Maritime Real-time Positioning System Market Revenue Share, by Vessel Type (2019 and 2027)

Figure 30. Europe Fishing Vessels: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 31. Europe Cargo Vessels: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027(US$ Million)

Figure 32. Europe Service Vessels: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027(US$ Million)

Figure 33. Europe Passenger Ships and Ferries: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 34. Europe Others: Maritime Real-time Positioning System Market – Revenue and Forecast to 2027(US$ Million)

Figure 35. Europe: Maritime Real-Time Positioning System Market Revenue Share, By Country (2019 and 2027)

Figure 36. Germany: Maritime Real-Time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 37. France: Maritime Real-Time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 38. Russia: Maritime Real-Time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 39. UK: Maritime Real-Time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 40. Italy: Maritime Real-Time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 41. Rest of Europe: Maritime Real-Time Positioning System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 42. Impact of COVID-19 Pandemic in Europe Country Markets

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