Marine Engine Monitoring System Market Share

Market Share of Marine Engine Monitoring System Industry

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.

*Disclaimer: Major Players sorted in no particular order