Asia Pacific Collision Avoidance and Object Detection Maritime Market Forecast to 2028

Report Code : BMIRE00027626 | Region : Asia Pacific | Industry : Electronics and Semiconductor | Published Date : 16/Dec/2022
Asia Pacific Collision Avoidance and Object Detection Maritime Market Forecast to 2028 – COVID-19 Impact and Regional 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 (AUV)]

The collision avoidance and object detection maritime market in Asia Pacific is expected to grow from US$ 159.41 million in 2022 to US$ 269.10 million by 2028. It is estimated to grow at a CAGR of 9.1% from 2022 to 2028.

Increasing Research on Autonomous Navigation Systems

The demand for collision avoidance systems is increasing with the rising number of leisure boats and water sport events. Elevating disposable incomes, and the indulgence of masses in sports, fishing, and other recreational water activities are a few of the factors contributing to the demand for personal yachts and recreational boats. The demand for personal yachts has surged notably in the post-pandemic period with a rise in the number of travellers. Hence, such instance, necessitates the usage of safety systems in marine industry. Therefore, the growing demand for personal yachts and recreational boats is anticipated to offer lucrative growth opportunities for collision avoidance and object detection systems in the coming years.

Market Overview

India, China, Japan, Australia, and South Korea are significant contributors to the ongoing technological innovations in APAC. Rapid technological advancements, government initiatives, economic digitization, and a rise in industrialization are among the factors propelling the region's overall economic growth, gradually driving it from a developing to a developed stage. Marine transportation activities are also growing at a significant pace. According to the United Nations Conference on Trade and Development (UNCTAD), Asia holds a ~41% share of Asia Pacific maritime trade. The volume loaded and discharged at Asian ports made it a larger seafarer supply region Asia Pacific. Such strong penetration of marine transportation in the region has significantly contributed to the rising adoption of advanced maritime safety systems. Thus, the demand for collision avoidance and object detection system is rising at a considerable growth rate in the region. Collision avoidance and object detection system is a prominent industry solution to avoid collisions and manage maritime operations safely, bolstering the market growth.

Asia Pacific Collision Avoidance and Object Detection Maritime Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Collision Avoidance and Object Detection Maritime Market Segmentation

The Asia Pacific collision avoidance and object detection maritime market is segmented into technology, application, end user, and country.

Based on technology, the market is segmented into LiDAR, computer vision, radar, and others. The radar segment held the largest market share in 2022. Based on application, the market is segmented into blind spot detection, night vision, and others. The others segment held the largest market share in 2022. Based on end user, the market is segmented into unmanned surface vehicle, ships, and autonomous underwater vehicle (AUV). The ships segment dominated the market share in 2022. Based on country, the market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the market share in 2022. Benewake (Beijing) Co Ltd; Orlaco Products BV; Raytheon Anschutz GmbH; Garmin Ltd; Sea Machines Robotics Inc.; Velodyne Lidar Inc.; Terma AS; Teledyne FLIR LLC; and Furuno Electric Co Ltd. are the leading companies operating in the collision avoidance and object detection maritime market in the region.

● Benewake (Beijing) Co Ltd

● Orlaco Products BV

● Raytheon Anschutz GmbH

● Garmin Ltd

● Sea Machines Robotics Inc

● Velodyne Lidar Inc

● Terma AS

● Teledyne FLIR LLC

● Furuno Electric Co Ltd

TABLE OF CONTENTS

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. Asia Pacific Collision Avoidance and Object Detection Maritime Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 Asia Pacific

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Asia Pacific Collision Avoidance and Object Detection Maritime Market – Key Industry Dynamics

5.1 Market Drivers

5.1.1 Rising Number of Ships and Boats

5.1.2 Increasing Research on Autonomous Navigation Systems

5.2 Market Restraints

5.2.1 Integration with Legacy Systems

5.3 Market Opportunities

5.3.1 Rising Demand for Personal Yachts and Recreational Boats

5.3.2 Growing Research on Military Applications of Unmanned Surface Vehicles and Autonomous Underwater Vehicles

5.4 Key Market Trends

5.4.1 Rapid Development of AI and ML Enabled Navigation Systems

5.4.2 Rising Popularity of Expedition Cruises

5.5 Impact Analysis of Drivers and Restraints

6. Collision Avoidance and Object Detection Maritime Market – Asia Pacific Market Analysis

6.1 Asia Pacific Collision Avoidance and Object Detection Maritime Market Overview

6.2 Asia Pacific Collision Avoidance and Object Detection Maritime Market Forecast and Analysis

7. Asia Pacific Collision Avoidance and Object Detection Maritime Market Analysis – By Technology

7.1 Overview

7.2 Asia Pacific Collision Avoidance and Object Detection Maritime Market, By Technology (2021 And 2028)

7.3 LiDAR

7.3.1 Overview

7.3.2 Asia Pacific LiDAR: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast To 2028 (US$ Million)

7.4 Computer Vision

7.4.1 Overview

7.4.2 Asia Pacific Computer Vision: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast To 2028 (US$ Million)

7.5 Radar

7.5.1 Overview

7.5.2 Asia Pacific Radar: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast To 2028 (US$ Million)

7.6 Others

7.6.1 Overview

7.6.2 Asia Pacific Others: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast To 2028 (US$ Million)

8. Asia Pacific Collision Avoidance and Object Detection Maritime Market Analysis – By Application

8.1 Overview

8.2 Asia Pacific Collision Avoidance and Object Detection Maritime Market, By Application (2021 And 2028)

8.3 Blind Spot Detection

8.3.1 Overview

8.3.2 Asia Pacific Blind Spot Detection: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast To 2028 (US$ Million)

8.4 Night Vision

8.4.1 Overview

8.4.2 Asia Pacific Night Vision: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast To 2028 (US$ Million)

8.5 Others

8.5.1 Overview

8.5.2 Asia Pacific Others: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast To 2028 (US$ Million)

9. Asia Pacific Collision Avoidance and Object Detection Maritime Market Analysis – By End user

9.1 Overview

9.2 Asia Pacific Collision Avoidance and Object Detection Maritime Market, By End user (2021 and 2028)

9.3 Unmanned Surface Vehicle

9.3.1 Overview

9.3.2 Asia Pacific Unmanned Surface Vehicle: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast To 2028 (US$ Million)

9.4 Ships

9.4.1 Overview

9.4.2 Ships: Collision Avoidance and Object Detection Maritime Market Revenue and Forecast To 2028 (US$ Million)

9.5 Autonomous Underwater Vehicle (AUV)

9.5.1 Overview

9.5.2 Asia Pacific Autonomous Underwater Vehicle (AUV): Collision Avoidance and Object Detection Maritime Market Revenue and Forecast To 2028 (US$ Million)

10. Asia Pacific Collision Avoidance and Object Detection Maritime Market – Country Analysis

10.1 APAC: Collision Avoidance and Object Detection Maritime Market

10.1.1 APAC: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2 APAC: Collision Avoidance and Object Detection Maritime Market, by Key Country

10.1.2.1 Australia: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.1.1 Australia: Collision Avoidance and Object Detection Maritime Market, by Technology

10.1.2.1.2 Australia: Collision Avoidance and Object Detection Maritime Market, by Application

10.1.2.1.3 Australia: Collision Avoidance and Object Detection Maritime Market, by End User

10.1.2.2 China: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.2.1 China: Collision Avoidance and Object Detection Maritime Market, by Technology

10.1.2.2.2 China: Collision Avoidance and Object Detection Maritime Market, by Application

10.1.2.2.3 China: Collision Avoidance and Object Detection Maritime Market, by End User

10.1.2.3 India: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.3.1 India: Collision Avoidance and Object Detection Maritime Market, by Technology

10.1.2.3.2 India: Collision Avoidance and Object Detection Maritime Market, by Application

10.1.2.3.3 India: Collision Avoidance and Object Detection Maritime Market, by End User

10.1.2.4 Japan: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.4.1 Japan: Collision Avoidance and Object Detection Maritime Market, by Technology

10.1.2.4.2 Japan: Collision Avoidance and Object Detection Maritime Market, by Application

10.1.2.4.3 Japan: Collision Avoidance and Object Detection Maritime Market, by End User

10.1.2.5 South Korea: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.5.1 South Korea: Collision Avoidance and Object Detection Maritime Market, by Technology

10.1.2.5.2 South Korea: Collision Avoidance and Object Detection Maritime Market, by Application

10.1.2.5.3 South Korea: Collision Avoidance and Object Detection Maritime Market, by End User

10.1.2.6 Rest of Asia Pacific: Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.6.1 Rest of Asia Pacific: Collision Avoidance and Object Detection Maritime Market, by Technology

10.1.2.6.2 Rest of Asia Pacific: Collision Avoidance and Object Detection Maritime Market, by Application

10.1.2.6.3 Rest of Asia Pacific: Collision Avoidance and Object Detection Maritime Market, by End User

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Development

11.4 Merger and Acquisition

12. Company Profiles

12.1 Benewake (Beijing) Co Ltd

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Orlaco Products BV

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Raytheon Anschutz GmbH

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Garmin Ltd

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Sea Machines Robotics Inc

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Velodyne Lidar Inc

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Terma AS

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Teledyne FLIR LLC

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 Furuno Electric Co Ltd

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES.

Table 1. Asia Pacific Collision Avoidance and Object Detection Maritime Market – Revenue and Forecast to 2028 (US$ Million)

Table 2. APAC: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 3. APAC: Collision Avoidance and Object Detection Maritime Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 4. APAC: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 5. APAC: Collision Avoidance and Object Detection Maritime Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 6. Australia: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 7. Australia: Collision Avoidance and Object Detection Maritime Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 8. Australia: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 9. China: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 10. China: Collision Avoidance and Object Detection Maritime Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 11. China: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 12. India: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 13. India: Collision Avoidance and Object Detection Maritime Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 14. India: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 15. Japan: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 16. Japan: Collision Avoidance and Object Detection Maritime Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 17. Japan: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 18. South Korea: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 19. South Korea: Collision Avoidance and Object Detection Maritime Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 20. South Korea: Collision Avoidance and Object Detection Maritime Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 21. Rest of Asia Pacific: Collision Avoidance and Object Detection Maritime Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 22. Rest of Asia Pacific: Collision Avoidance and Object Detection Maritime Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 23. Rest of Asia Pacific: Collision Avoidance and Object Detection Maritime Market, by End User– Revenue and Forecast to 2028 (US$ Million)

Table 24. List of Abbreviation

● Benewake (Beijing) Co Ltd

● Orlaco Products BV

● Raytheon Anschutz GmbH

● Garmin Ltd

● Sea Machines Robotics Inc

● Velodyne Lidar Inc

● Terma AS

● Teledyne FLIR LLC

● Furuno Electric Co Ltd

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific collision avoidance and object detection maritime market

● Highlights key business priorities in order to assist companies to realign their business strategies.

● The key findings and recommendations highlight crucial progressive industry trends in Asia Pacific collision avoidance and object detection maritime market, thereby allowing players across the value chain to develop effective long-term strategies.

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

● Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the market, as well as those hindering it.

● Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

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