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The next 10 years to revive the innovative trait of the Marine Communication Systems Market

Marine communication systems play an important role in commercial, military and all other types of marine applications. Due to the lack of telecommunication network in deep sea and oceans, marine communication systems have an even greater importance as they help in communicating with onshore bases in case of emergency situations.

In the last century, marine communication systems was mainly comprised of hand held radios and radio telegraphy. The latter half of twentieth century witnessed the rise of satellite communication as main source of marine communication systems, as it facilitated ships with ship-to-ship and ship-to-shore communication.

Introduction of satellite communication also brought in a degree of automation, which reduced the requirement of skilled personnel to be present at the radio communication systems center. With this, use of VHF radio and Digital Selective Calling (DSC) gained prominence as they are used for communications and for sending distress signals easily across coast guards and other ships.

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Due to the growing marine traffic, presence of unorganized international waters, piracy and safety concerns, marine communication systems is expected to have a significant demand in the coming years.

FACTS AT A GLANCE

Companies:BASF SE, Arkema S.A., Dow Chemical Company, Ashland Global Specialty Chemicals Inc., The Lubrizol Corporation, Kemira Oyj, NIPPON SHOKUBAI CO., LTD., ZEEL PRODUCT, Maxwell Additives Pvt. Ltd., CHEMTEX SPECIALITY LTD., Polysciences, Inc., PROTEX INTERNATIONAL

Coverage: All major geographies and key segments

Segments: Type(Ship-to-ship Marine Communication Systems,Ship-to-shore Marine Communication Systems); Applications(Commercial (Merchant Navy, Fishing, oil & gas, others),Military,Recreational)

Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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ABSTRACT-

One of the main drivers of marine communication systems market is the growing focus of marine industry on the betterment of existing communication systems in their fleet. Growing technological innovations has introduced new and better products in the marine communication systems market. Factors like modular technology and cost optimization are one of the main reasons behind improving the existing marine communication systems.

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Unmonitored marine regions and the threat of piracy play an important role in driving the growth of marine communication systems industry, as transmitting messages during state of emergency is vital to the safety of the cargo and passengers.

One of the main challenges in the marine communication systems market is the pertaining security concerns on the information being transmitted as older and outdate marine communication systems pose the threat of hacking. Especially in remote marine areas, tapping or hacking communication system can aid pirates in hijacking the vessel and cargo on it. Therefore, advancements in technology being used will reduce the threats of information hacking and aid the in the growth of marine communication systems market.

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