openPR Logo
Press release

Collision Avoidance and Object Detection Maritime Market worth US$ 722.09 Million by 2028 - Exclusive Research by The Insight Partners

02-16-2023 04:38 PM CET | IT, New Media & Software

Press release from: The Insight Partners

The Insight Partners

The Insight Partners

According to the new research report published by The Insight Partners on "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)

The collision avoidance and object detection maritime market is expected to reach at US$ 722.09 million by 2028; registering at a CAGR of  8.2% during 2022-2028, according to a new research study conducted by The Insight Partners.

Get a Sample Copy at - https://bit.ly/3S3SSlM

Collision avoidance and object detection systems have become a necessity for all types of seafaring vessels. ~80-90% of trade and shipping activities are carried out through seas and oceans. Technological developments have further triggered marine traffic, which caused navigation to become more demanding for deck officers. Vessel collisions have remained a major problem as accidents cost the maritime industry millions of dollars annually. The increasing number of ships globally in operation is creating a potential scope for the deployment of safety systems in the maritime industry. Collision avoidance and object detection systems warn or assist sailors in avoiding imminent collisions, thereby reducing the risk of accidents. Various technologies are combined for development of such systems. Radar is one of the most common technologies utilized for collision avoidance and object detection in maritime industry.

The APAC collision avoidance and object detection maritime market is segmented into Australia, China, India, Japan, South Korea, and the Rest of APAC. Rapid advancements in technologies, favorable initiatives and economy digitization efforts by governments, and the accelerated pace of industrialization are among the factors propelling the overall economic growth of the region. With the overall proliferation, marine transportation activities in APAC are also growing at a significant pace. The volumes loaded and discharged at Asian ports make it one of the largest seafarer supply regions globally. Thus, the expanding fleets in Asian countries, such as China, Japan, and South Korea, are bolstering the collision avoidance and object detection maritime market growth in APAC.

The major stakeholders in the collision avoidance and object detection maritime market ecosystem include component suppliers, technology providers, shipbuilders, and end users. Suppliers of sensors, optics, chips, and other components are crucial stakeholders in the ecosystem of the collision avoidance and object detection maritime market. Technology providers enable the hardware and software to work in tandem. Shipbuilders include ship manufacturers, and yacht and cruise manufacturers. The main end users that require collision avoidance and object detection maritime are aftermarket, research & development, and military. The major collision avoidance and object detection maritime market players include Teledyne FLIR, Furuno, and Raytheon.

Inquire before Buying at - https://bit.ly/3YHUxAg

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 market is segmented into unmanned surface vehicles, ships, and autonomous underwater vehicles.

During the COVID-19 pandemic, the demand for collision avoidance and object detection systems in maritime fell sharply due to the shutdown of international borders in various parts of the world, especially China, the US, India, and Europe. In first half of 2020, widespread lockdowns, travel restrictions, fast-rising unemployment, government rescue packages, and oil and stock market crashes were the key changes that prevailed in the governance of many countries. Ships, large cruises, and vessels found it challenging to keep maritime transport moving and trade flowing during the economic adversities, which hampered the demand for seafaring vessels, and components required in them, including collision avoidance and object detection systems, thus inhibiting collision avoidance and object detection maritime market growth.

The List of Companies - Collision Avoidance and Object Detection Maritime Market

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 key market players profiled during this study. In addition, several other important market players were studied and analyzed during this market study to get a holistic view of the global collision avoidance and object detection maritime market and its ecosystem.

Buy Complete Report at - https://bit.ly/3IqAcIP

Contact Us:

If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi

E-mail: sales@theinsightpartners.com

Phone: +1-646-491-9876

About Us:

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductors and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, and Chemicals and Materials.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Collision Avoidance and Object Detection Maritime Market worth US$ 722.09 Million by 2028 - Exclusive Research by The Insight Partners here

News-ID: 2934568 • Views:

More Releases from The Insight Partners

Top Companies Data Analysis Automotive Telematics
The automotive telematics market accounted for US$ 42,410.97 million in 2022 and is expected to grow at a CAGR of 17.8% from 2022 to 2030. It is projected to account for US$ 1,57,485.12 million in the year 2030. Automotive telematics consists of GPS devices, software, or systems that use V2X communications to improve road safety and real-time tracking, enhance system efficiency, and offer better mobility. It uses data collected through
Top Companies Data Analysis Lean Manufacturing
The Lean Manufacturing Software Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth. Download PDF:- https://www.theinsightpartners.com/sample/TIPRE00025540?utm_source=Openpr&utm_medium=10503 Market leaders and key company profiles Cierpa Dassault Systemes I.B.I.S. Inc. Leading2Lean, LLC MachineMetrics MCA Connect Rever Inc. Synchrono Synergy Resources About Us: The Insight Partners
Modular Power Plants Regional Data And Revenue Analysis
Modular power plants are innovative energy solutions designed for quick deployment, scalability, and flexibility. Unlike traditional large-scale facilities, they consist of pre-engineered modules that can be transported and assembled on-site, reducing construction time and costs. These plants are widely used in remote areas, industrial projects, and emergency power needs, providing reliable electricity where grid access is limited. They can operate on diverse energy sources, including natural gas, diesel, renewables, and
Whole Exome Sequencing - Obtain Ultimate PDF Guide
Whole exome sequencing is the next-generation technique that is widely preferred as a substitute for whole genome sequencing due to its advantages. As the whole sequencing technique reduces the time and cost of analyzing genetics, it also offers a reduction of time spent in the trial and error for the drug formulation. The next-generation sequencing has enabled higher results of the analysis for genotypic and phenotypic relations among the human

All 5 Releases


More Releases for Collision

Big 3 Collision Named Best Collision Shop and Auto Body Shop in Michigan
Warren, MI - Big 3 Collision, a trusted name in auto repair, has been officially recognized as the Best Collision Shop Warren [https://www.big3autocollision.com/] and Auto Body Shop in Michigan. This prestigious accolade highlights their unwavering commitment to top-notch service, precision repairs, and exceptional customer care. With a mission to return vehicles to their pre-damage condition (or better), Big 3 Collision has become the go-to destination for Michigan residents seeking expert collision
Vehicle Collision Repair Market to Set an Explosive Growth in Near Future|Calibe …
HTF MI recently introduced Global Vehicle Collision Repair Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Some key players from the complete study are Service King, Caliber Collision, Gerber Collision, Fix Auto, etc.. Download Sample Report PDF
Atlas Auto Collision: Brampton's Trusted Choice for Collision Repair and Restora …
Brampton, Ontario - Atlas Auto Collision takes pride in its position as a leader in collision repair and restoration services for the Brampton community. Their commitment to excellence ensures your vehicle is brought back to its pre-accident condition, using state-of-the-art equipment and a dedicated team of professionals. Unparalleled Service and Expertise: Comprehensive Collision Repair: Skilled technicians meticulously restore your vehicle using advanced tools and techniques, addressing both minor dents and major structural
Premier Coach Auto Collision Offers Collision Repair Services in Thousand Oaks
Image: https://www.getnews.info/wp-content/uploads/2024/04/1702384602.png Premier Coach Auto Collision, a leading auto body repair shop, is proud to offer its top-quality collision repair services to the Thousand Oaks community. Thousand Oaks, CA - Premier Coach Auto Collision, a leading auto body repair shop, is proud to offer its top-quality collision repair services to the Thousand Oaks community. With over 20 certifications from automotive manufacturers and a team of highly trained technicians [https://premiercoachautocollision.com/our-team/], Premier Coach Auto
Intelligent Pedestrian Collision Avoidance System Market Enhancing Pedestrian Sa …
Global Intelligent Pedestrian Collision Avoidance System Market Overview: The Intelligent Pedestrian Collision Avoidance System market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others. In recent years, the Intelligent Pedestrian Collision Avoidance System market has experienced significant growth, driven by factors such as increasing consumer demand,
ertified collision repairs from the experts at Maranello Collision
If you're in the market for certified collision repairs, look no further than Maranello Collision. Our expert technicians are fully qualified to handle all of your repair needs, and we only use OEM parts and materials to ensure that your car is restored to its original condition. We understand that accidents can be stressful, so our goal is always to make the process as smooth and hassle-free as possible. Contact