Marine Engine Monitoring System Market Size - By Component, By Power, By Deployment Mode, By Propulsion, By Application, By End Use, Growth Forecast, 2025 - 2034

Marine Engine Monitoring System Market Size

The global marine engine monitoring system market size was estimated at USD 1.1 billion in 2024. The market is expected to grow from USD 1.15 billion in 2025 to USD 1.96 billion in 2034, at a CAGR of 6.1%.

• The increasing complexity of marine engines and heightened emission regulations are changing the profile of engine monitoring systems from maintenance tools to a proactive operational capability. IoT, digital-learning capabilities, predictive analytics, and highly integrated sensors now characterize modern systems. Companies exploit these technologies, depending on real-time data analytics and predictive maintenance to identify the most effective operation compliance and safety practices that improve fuel efficiency.
   
• Public-private entities for maritime digitalization and stridency by OEMs to offer advanced training ecosystems are also driving the marine engine monitoring system market. For instance, in May 2025, HD Hyundai announced a partnership with U.S.-based Altair to utilize AI to enhance marine engine performance and emissions reductions. This partnership advances Hyundai's larger initiative to enhance AI and digitalization into its maritime technologies.
   
• COVID-19 expedited the transition to remote diagnostics and monitoring across maritime operations. With rotavirus restrictions on travel and limited port access, ship operators are quickly encouraged to deploy remote monitoring and cloud-based analytics platforms that allow for continuity in fleet performance. By 2024, hybrid systems have become common and required.
   
• Condition base and predictive maintenance components are gathering momentum, especially with large commercial fleets. These systems allow for early failure detection of lubrication system failure, cylinder wear, and fuel inefficiency. Fleet managers can identify maintenance focus, decrease repair costs and downtime, all while bringing some alignment to global decarbonization initiatives.
   
• North America takes the lead in the marine engine monitoring system market, courtesy of a healthy shipbuilding industry, strict environmental regulations, government policies, and early adaptation of digital tools for ship management. In January 2023, Irving Shipbuilding signed a USD 1.6 billion contract with the federal government to build two additional Arctic and offshore patrol ships for the Canadian Coast Guard.
   
• Asia-Pacific has the fastest growth rate because of increased shipbuilding activity in China, South Korea, India, and Japan, while there is an increase in demand from domestic shipping lines. National maritime modernization initiatives, in combination with vendor partners, supporting rapid implementation of intelligent engine monitoring systems.
   

Marine Engine Monitoring System Market Trends

• AI integration is revolutionizing marine engine monitoring by presenting it in a predictive maintenance paradigm based on real-time and historical datasets proceed to perform predictive analysis. Machine learning algorithms identify anomalous behavior and provide forecasts of failures, which provides information allowing operators to maximize available time, minimize costs, enhance safety and create value. Training and education modes are moving towards data-oriented approach, and it is expected to achieve mainstream application by 2026.
   
• For instance, in December 2024 ABB made the 'Analytical AI' option available into its marine automation platforms. The function enables clients to evaluate underlying hidden performance trends and enhance their predictive maintenance actions. ABB analyzes propulsion and auxiliary engine data to improve energy efficiencies and avert mechanical failures when client members take no action.
   
• Training programs for Marine Engine Monitoring Systems (MEMS) are evolving to be modular and hierarchical in function and relevance. The aim is to be able to support a wide variety of training roles and responsibilities, for onboard engineers, fleet analysts and maintenance planners. Modular learning pathways support more efficient onboarding and encourage engagement in situational upskilling aligned with an operational role.
   
• Certification is developing into an important parameter in the MEMS space as OEMs and classification societies initiate structured programs to demonstrate technical competency. Certification assists with consistency in technical competence as operations expand globally, enhance the reliability of field deployment and facilitate compliance. In addition, certification-based ecosystems serve as conduits for career growth and workforce mobility.
   
• For instance, in December 2023, Lloyd's Register instituted a "Digital Twin Ready" certification program that focuses on platform readiness and user competence. The certification is a requirement for marine professionals deploying digital engine platforms, which formalizes structured training and credentialed hiring.
   
• No-code and low-code developments of such interface are also democratizing MEMS, enabling access of operation and maintenance organization to technically reticent professionals. Operations and maintenance organizations can now construct monitoring workflows with intuitive dashboards, application program interface (API) based customizable alerts, and plug-and-play modules even without programming skills. This extends technology to a new breed of citizen engineers and a new possibility of gaining efficiency and safety.
   
• For instance, in 2024, ABB's Ability Asset Manager and marine-enabled dashboards allow Operations staff to use no-code tools. These tools help them monitor engine performance, set thresholds, and create diagnostic reports without needing to write code. This approach makes it easier for more team members to take part in engine maintenance planning.
   

Marine Engine Monitoring System Market Analysis

Learn more about the key segments shaping this market

Download Free PDF

Based on component, the marine engine monitoring system market is divided into hardware, software, and services. The hardware segment dominated the market, accounting for around 63% in 2024 and is expected to grow at a CAGR of over 5% through 2034.
 

• Hardware includes engine sensors, control units, data logging and communications systems, this is the physical establishment of monitoring systems. All these components play a crucial role in gathering vital real-time data, detecting faults, communicating and integrating with onboard automation infrastructures. Hardware installations, especially in new builds or retrofits are continually producing market volume growth with the demand for predictive maintenance and IMO regulated emissions compliance. Leading OEMs such as Wärtsilä, ABB and Kongsberg provide advanced sensor suites into their propulsion and auxiliary systems.
   
• For instance, in April 2025 AAL Shipping outfitted its Super B-Class new builds with ABB's OCTOPUS, evidenced as high-level sensors with predictive software analytics and cloud-based monitoring services to optimize engine performance and enhance the operator long-range operational safety.
   
• The software is the fastest growing segment and is expected to grow at a CAGR of over 7%. The growth is due to the increasing use of AI, cloud computing and digital twin technology in the monitoring platforms. The software utilizes a monitoring platform to provide fleet-wide visibility of vehicles alongside their respective engine management technologies, facilitate iterative and cyclical diagnoses and predictive analysis. Software allows centralized dashboards with remote accessibility, and alerts that can be configured by the vessel crew or shore side teams to view conditions on time.
   
• Services are changing in the form of a strategic enabler in the fields of installation, calibration, remote diagnostics, and ongoing maintenance of MEMS solutions. OEMs and third-party providers provide fleet performance optimization, digital audits, and cloud-based service models of MEMS solutions. With the rise of lifecycle agreements and remote operation centers, services have transitioned from reactive to a predictive and proactive support model. In this service-minded segment, companies can provide the greatest value to both the hardware and software, especially for fleets that do not have fleet-based digital expertise internally.
   

Learn more about the key segments shaping this market

Download Free PDF

Based on power, the marine engine monitoring system market is segmented into 1,000 HP, 1,000-5,000 HP, 5,001-10,000 HP, and above 10,000 HP. The 5,000-10,000 HP segment dominates the market accounting for around 37% share in 2024 and is expected to grow at a CAGR of over 6% from 2025 to 2034.
 

• The 5,001–10,000 HP segment is the largest segment of the marine engine monitoring system market as these are most commonly used in commercial cargo ships, medium-sized tankers, and offshore support vessels. These commercial vessels run for long hours and have a low margin of error with respect to monitoring and reporting on upcoming maintenance requirements, compliance with regulations, demand on fuel consumption, and others. OEMs who produce vessels within this range will provide monitoring in this range but will often provide predictive maintenance involved with a more advanced service-including AI monitoring, as well as diagnosing potential failure and management of fleet optimization.
   
• The 1,000 - 5,000 HP segment is growing the fastest and is projected to increase rapidly through 2028. The growth is due to the growing use of digital systems in smaller commercial vessels like ferries, patrol boats and tugboats, many of which have digitalized due to the International Maritime Organization’s (IMO's) mandates for emissions reductions and lifecycle efficiency. The smaller overall sizes and modularity of MEMS systems will work particularly well for these segments as they allow for scalable solutions at different price points from performance perspectives and cost.
   
• The 10,000 HP and above consists of very large container ships and liquefied natural gas (LNG) carriers, which are already doing engine-monitoring work. This category has the highest overall horsepower segment of the total market, overall existing marine engine monitoring system market size and moderate growth is constrained due to the long life and expected replacement cycle of these medium and large fleets across the range of engine usage.
   
• The 1,000 HP segment is for very small vessels like fishing boats and privately owned vessels. This group has an overall market very low penetration of advanced MEMS engines-based abilities due to budget limitations and low complexity for operations. The 1,000 HP segment is expected to expand due to the availability of smaller, compact, cheap systems already on the market.
   

Based on deployment mode, the marine engine monitoring system market is segmented into on-site monitoring and remote monitoring. The on-site monitoring segment is dominating the market.
 

• On-site monitoring is the leading deployment method for commercial and naval fleets. This segment is the safest operation mode in the mission-critical area where actors need to know the real-time status of the equipment to make the best operational decisions.
   
• Onboard engineers and maintenance teams require real time information such as engine diagnostics, vibration analysis, and fuel monitoring only to get a quick judgment. The systems are included in the automation and control system in the vessel, interface with propulsion, auxiliary equipment, and regulatory conformity. The widespread adoption of on-site monitoring is greatly supported by large original equipment manufacturers (OEMs) such as Wärtsilä, ABB, and Kongsberg, who offer embedded MEMS hardware with on-board dashboards and controller connections.
   
• For instance, in May 2025, Gastops and Leeway Marine conducted an oil condition monitoring system field trial on RV Novus. On-board Oil condition monitoring on engine and gearbox utilises the real-time sensor data on the oil condition to track the state of the lubricant that leads to predictive maintenance.
   
• Remote monitoring is the fastest segment and is expected to grow at a CAGR of over 6.5% from 2025 to 2034. The key drivers for growth are advances in satellite connectivity, edge computing, and cloud analytics which indicates a shift for remote MEMS to allow teams onshore to monitor vessels' health, performance trends, and compliance metrics from a central command center. This is an effective model for fleet operators, particularly managing several detection systems over several vessels.
   

Based on propulsion, the market is segmented into diesel, gas turbine, and others. The diesel segment dominated the marine engine monitoring system market.
 

• Diesel propulsion has the largest market share in the commercial, naval, and offshore vessel markets. This is due to the long and successful experience with diesel engines, their proven dependability, fuel efficiency, and long service life. Diesel propulsion monitoring systems monitor a variety of functions based on fuel injection controls, exhaust emissions, and cylinder pressures, among others and lubricating systems.
   
• The operational data produced by the engines is substantial and lend themselves well to monitoring performance of the machinery in real-time and predictive maintenance. Large manufacturers such as MAN Energy Solutions, Wärtsilä, and Caterpillar provide OEMs with a comprehensive MEMS solution targeting the large marine diesel applications.
   
• For instance, in March 2024, ABB introduced its AZ10 Zirconia combustion oxygen analyzer to help two-stroke marine diesel engines comply with more stringent Tier III emissions regulations. This analyzer where its end users are the large engine makers is mounted at the exhaust manifold of the diesel engine and continuously measures the oxygen content in the combustion gases.
   
• Gas turbine propulsion is the fastest growing segment and mainly due to gas turbines becoming more common in naval vessels, high-speed ferries, and offshore patrol vessels, where light weight construction and high power to weight ratios are essential. Gas turbines are complex and require a sophisticated MEMS platform to work effectively due to high temperatures, fast-acting, and accurate fuel-air control. The segment is seeing growth through enhancements in the modernization programs in the naval fleets and performance optimization in commercial sectors.
   

Looking for region specific data?

Download Free PDF

US dominated the marine engine monitoring system market in North America with around 83% share and generated USD 345.5 million in revenue in 2024.
 

• The US leads the market due to its large commercial and naval fleets, regulatory pressures around emissions, and the adoption of digital technologies onboard ships. OEMs and operators in the US invest heavily in condition-based monitoring by using AI, IoT, and edge computing to drive improvements in engine diagnostics. The ability for some U.S.
   
• OEMs and operators to sign government contracts, including from the US Navy and US Coast Guard, also add to domestic demand. The presence of large tech suppliers and systems integrators in the U.S. provide membrane biofuel cell technology in both on-site and remote applications due to the increased engineering capabilities of integrating MEMS.
   
• The US is benefitted by a large ecosystem of maritime technology start-ups, naval shipyards and partnered engineering schools in collaboration with global MEMS suppliers such as ABB, Wärtsilä, and Kongsberg. With the support of US Maritime Administration and classification society partners, new partnerships establish and test ship's engine monitoring compliance and analytics. The established cybersecurity and cloud technologies also allow remote monitoring of ships' engines to enable real-time diagnostics onboard, contributing to the US maritime digitalization strategy.
   
• For instance, in January 2024, The US Navy implemented operational capability for GENISYS (Global Energy Information System) for 12 of its Arleigh Burke-class destroyers. This system includes shipboard sensors, eLogBook logs, and the Shipboard Energy Assessment System to monitor diesel engines, propulsion and auxiliary systems in such a way that this capability now offers real-time information.
   
• GENISYS automatically sends energy usage data to a cloud-based Fleet Energy Conservation Dashboard to facilitate real time diagnostic and crew-driven corrective action.
   
• Canada is expected to grows at a CAGR of over 7% through 2034 in the marine engine monitoring system market owing to the increase in modernization of Arctic and Atlantic maritime operations proportionate with fleet modernization programs. The investment in dual-fuel engine vessels and LNG-powered ships has created urgency in tracking data with a MEMS monitoring platform.
   
• The Government of Canada's modernization of the Canadian Coast Guard and polar icebreaker fleet strategies will continue to create demand for MEMS, especially in operations that require extreme weather conditions. The specific expectation of bilingual User Interface and data compliance tools made developing localized software customized requirements of great value.
   

The marine engine monitoring system market in the Germany is expected to experience significant and promising growth from 2025 to 2034.
 

• Europe accounts for around 24% of the marine engine monitoring system market in 2024 and it is growing steadily with the strict environmental regulations, fleet modernization, and the adoption of advanced maritime technologies. Nordic countries stand out due to strong government support for decarbonization and digital shipping efforts.
   
• Germany holds the highest share of Europe's MEMS market, supported by an advanced shipbuilding sector, an established maritime OEM marketplace including companies such as MAN Energy Solutions and Siemens, and supported by rigorous emissions controls. Germany is at the forefront of implementing condition-based monitoring and digital twin technologies in its commercial and inland shipping sectors. Germany has green maritime politics which are supported by the government and agreements with classification agencies like DNV and BV to market its AI integrated MEMS in diesel powered ships.
   
• For instance, in October 2023, MAN Energy Solutions licensed the real-time AIS tracking and weather data, provided by Spire Global, to be integrated into the MAN-CEON and primeServ Assist platforms. The aim of such an upgrade is to release diesel engine performance, offer tools which may help in decarbonization and can save 1% of fuel consumption.
   
• The UK is one of the fastest-growing European markets, attributed to major naval modernization projects and overall digitalization in port and fleet infrastructure. The Royal Navy's Type 26 and Type 31 frigates come equipped with integrated engine monitoring and performance analysis systems. The UK also made efforts to incentivize private shipping operators to implement fuel optimization and emissions control platforms that align with the sustainable development goals of the post-Brexit maritime sector.
   
• Spain is experiencing strong growth associated with modernization of ferries, fishing vessels, and port operations. The emissions reductions and efficiencies in operations has prompted lines of businesses in Spain to employ smart monitoring systems about their fleets. In Spain, they have funded maritime R&D through EU Horizon Europe, and a number of maritime R&D groups like the CSIC are undertaking commercial projects involving predictive diagnostics, remote monitoring of condition or health of engines, hybrid propulsion monitoring solutions, and others.
   

The marine engine monitoring system market in China is expected to experience significant and promising growth from 2025 to 2034.
 

• Asia Pacific accounts for over 30% of the marine engine monitoring system market in 2024 and is the fastest-growing region with a CAGR of around 7%. This rapid expansion is driven by significant investments in new shipbuilding across China, South Korea, and Japan, coupled with increasing adoption of digital technologies in fleet operations. The region's focus on modernizing aging fleets and complying with stringent environmental regulations accelerates MEMS integration.
   
• China is the key market in the Asia-Pacific MEMS sector in commercial shipbuilding sector, supported by government investments to develop capital and technology for green shipping, and their rapid digitalization of maritime infrastructure.
   

China has many of the biggest ports and shipyards, which regularly exhibit innovative and advanced monitoring solutions to deal with their versions of emissions regulations, and they have produced retrofits, and in new builds about MEMS real time diagnostics, emissions tracking, and predictive maintenance solutions.
 

• China has inspired MEMs solutions and has created a momentum that pushed many sectors that needed MEMS solutions in the first place, along with cargo, LNG, and container fleets. Initiatives such as the "Smart Ship Development Plan" and collaborative partnerships along with technology providers provide evidence of leadership in the Asia-Pacific region.
   
• India represents the highest growth in the MEMS market, driven by naval modernization investments, expansion of coastal shipping with Make-in-India shipbuilding, and other factors. Public sector Indian shipyards, such as Cochin Shipyard Limited (CSL), and private sector shipbuilders, like L&T Shipbuilding, are beginning to incorporate engine monitoring solutions onboard diesel-powered vessels specifically for the defense and commercial sectors. The Indian Navy's indigenous expenditures for the purchase of MEMS solutions are intended for propulsion system diagnostics and management for the readiness and management of the grooves.
   
• Project-based collaboration with domestic companies such as Bharat Electronics Limited (BEL) and Hindustan Shipyard Limited (HSL) will facilitate the development of local capabilities for hardware or software components, proposing India as a growing market for MEMS vendors targeting South Asia or Indian Ocean markets.
   

The marine engine monitoring system market in UAE is expected to experience significant and promising growth from 2025 to 2034.
 

• The Middle East and Africa (MEA) combined represent about 3% of the MEMS market in 2024, and steady growth is being experienced in the region due to increased naval pursuits, along with the expansion of commercial fleets. Digital transformation of maritime infrastructure in the Gulf Cooperation Council (GCC) states is similarly expected to drive market development.
   
• The UAE leads the MEA marine engine monitoring system market, largely due to its strategic approach on development opportunities for smart ports, sustainable shipping, and improvements to vessel fleets. With programs such as the UAE Maritime Vision 2030, and the digital transformation of Dubai's port, there is a systematic shift to the broader MEMS industry into onboard real time engine diagnostics, fuel usage tracking, and emissions monitoring. Major firms in Australia are working with well-established tech firms to embed intelligent MEMS onto bunkering barges and to cargo vessels, that monitor things like operational efficiency management, maintenance planning, and regulatory compliance.
   
• For instance, in May 2025, at a Seatrade Maritime event, the IMarEST UAE Branch showed Accelleron’s Tekomar XPERT Marine, as part of its marine engine efficiency initiative, using real-time diagnostics. The focus on a marine engine diagnostic tool demonstrates the growing maritime digitalization interest in the UAE and the potential data-led fleet performance.
   
• South Africa is the fastest growing largely due to surge in development from investments with new coastal surveillance vessels, fishing fleets, and port automation in Durban and Cape Town. With retrofits of older diesel-powered fleets, for compliance and reliability, there has been a surge for engine monitoring and performance analytics for bespoken ship systems. Local shipbuilders and maintenance agents are working with many international OEMs to develop specific MEMS onboard solutions in offshore support and patrol vessels.
   
• Saudi Arabia is emerging as a large regional market player, under its own Vision 2030 plan and its push to diversify the economy and improve maritime logistics under programs such as the National Industrial Development and Logistics Program (NIDLP). This includes improvements to naval and commercial fleets and improvements to local shipyards, and global chartered shipping engine suppliers.
   

The marine engine monitoring system market in Brazil is expected to experience significant and promising growth from 2025 to 2034.
 

• In Latin America, the MEMS market which includes monitoring, diagnostic, and performance optimization technologies is projected to grow at a CAGR of around 5%, attracted by modernization of regional shipping/customer fleets, port infrastructure investments, and increased environmental compliance across coastal economies. The biggest barriers to entry for the marine engine monitoring system market are uneven advancement of digital infrastructure across economies and lack of government maritime funding for smaller developing economies.
   
• Brazil has the largest regional MEMS market, due to its leading shipbuilding economy, an expanding offshore oil fleet, and regulatory initiatives that aim to improve operational efficiency of vessels in Brazil. Operators have modernized their fleets of tankers and support vessels to include onboard engine performance systems to enhance fuel tracking and improve maintenance planning.
   
• For instance, in December 2023, Kongsberg Digital onboarded its Vessel Insight platform on the DP-2 vessel Marina I in partnership with Brazilian offshore operator Local. The system allows users to monitor engine and operational data in real-time so that they can support fuel savings and predictive maintenance. The vessel will support Petrobras in 2024 and will also come with Kongsberg's dynamic positioning and data management tools.
   
• Argentina is the fastest growing, supported by government initiatives to revive naval defense assets and improve its domestic logistics fleets. The growth is primarily driven by diesel tugs and cargo vessel, basic engine data and alarm systems are integrating into local shipyards to support fleet readiness. With improving maritime trade routes, and the backing of international maritime partnerships, Argentina is increasingly emerging as a trend location for low-cost scalable MEMS platforms.
   

Marine Engine Monitoring System Market Share

• The top 7 companies in the marine engine monitoring system industry are ABB, Caterpillar, Cummins, Siemens, Kongsberg Maritime, MAN Energy Solutions, and Wärtsilä contributing around 70% of the market in 2024.
   
• ABB is a global leader in electrification and automation technologies and provides advanced marine solutions through its Marine & Ports division. ABB is also a major player in the reduction of emissions in fleets across the world. The Tekomar XPERT (TM) software from ABB provides real-time engine diagnostics, performance data, and fuel optimization for all types of marine diesel engines. Since fuel consumption is a key component of sustainability, ABB's capabilities have now been expanded to hold monitoring, emissions control, and energy efficiency systems.
   
• Caterpillar's Cat (TM) marine power systems supply high-performance diesel or dual-fuel engines on seagoing vessels. Caterpillar provides users with onboard monitoring and diagnostic tools. Their capabilities include automated data reporting through Product Link (TM) and Marine Asset Intelligence, and even real-time alerts and predictive maintenance on commercial vessels, offshore and others.
   
• Cummins Inc provides marine engines and marine gensets with Cummins connected diagnostics and PrevenTech marine that enable real-time monitoring of internal engine health, failure code notifications, and predictive maintenance based on engine performance data. Cummins has focused on providing mid-range and auxiliary marine engines with a significant share of the fishing vessel, ferry and tug markets.
   
• Kongsberg Blow up provides end-to-end marine automation using the K-Chief automation system and Vessel Insight digital system, that covers the entire array of engine, propulsion and auxiliary systems. Kongsberg also engages in spreading their digital platform to support dynamic positioning, voyage optimization, predictive maintenance, all designed for both commercial and defense fleet suppliers.
   
• MAN is one of the largest suppliers of low- and medium-speed marine engines with digital tools like CEON, an engine diagnostics and performance insights digital platform. Their systems support the equivalent of real-time combustion monitoring, optimization of fuel use, emissions reporting features as a standard, and have a strong penetration in bulk carriers, tankers, and cruise ships.
   
• Siemens adopts a strategy centered on digitalization and automation, offering MEMS solutions integrated with its comprehensive ship automation systems. The company prioritizes cloud connectivity, IoT-enabled monitoring, and scalable modular platforms to improve operational efficiency and facilitate remote diagnostics across diverse vessel types.
   
• Wärtsilä focuses on integrating MEMS within its Smart Marine Ecosystem, emphasizing predictive maintenance, hybrid propulsion compatibility, and AI-driven analytics. The company leverages digital twin technology to enhance lifecycle management and supports sustainable shipping through energy optimization and emissions compliance.
   

Marine Engine Monitoring System Market Companies

Major players operating in the marine engine monitoring system industry are:

• ABB
• Caterpillar
• Cummins
• General Electric
• Kongsberg Maritime
• MAN Energy Solutions
• Mitsubishi
• Rolls-Royce
• Siemens
• Wärtsilä  
   
• ABB, Caterpillar, and Cummins are also providing modular marine training programs which are dedicated to engine monitoring, emissions compliance, and fleet efficiency enhancement. ABB explains that its Marine Academy employs such tools as Tekomar XPERT. Caterpillar blended training at Cat marine centers whereas Cummins worldwide training is based on PrevenTech Marine, IMO compliant condition-based maintenance.
   
• General Electric, Kongsberg Maritime and MAN Energy Solutions deal with high-level training in propulsion, automation and diagnosis. GE offers training regarding its SeaLyte system or Visor. Kongsberg Maritime has simulators which they use to train with such tools as K-Chief and Vessel Insight. MAN Energy Solutions provides emissions and combustion-related training on the PrimeServ Academy.
   
• Mitsubishi Heavy Industries (MHI), Rolls-Royce, Siemens and Wartsila offer specialized skills training in intelligent drive and intelligent marine engine monitoring. The programs of MHI belong to Smart Marine Solutions. Rolls-Royce provides instruction in the management of hybrid power. Siemens is concerned with the predictive diagnostics of SISHIP EcoMAIN system. At the Land and Sea Academy, WArtsilA trains in condition-based analytics and digital fleet strategy.
   

Marine Engine Monitoring System Industry News

• In November 2024, Automation Anywhere entered into a strategic alliance with PwC India to co-develop GenAI-powered RPA training programs. The initiative focused on delivering enterprise-ready automation certifications tailored to industries such as BFSI, retail, and manufacturing.
   
• In November 2023, Emerson Electric Co. invested strategically in Denmark-based Frugal Technologies, a leader in maritime fuel optimization. This move strengthens Emerson’s position in engine monitoring and fuel efficiency solutions. By combining Frugal’s AI-based fuel optimization software with Emerson’s propulsion control and energy management systems, the partnership aims to enhance real-time engine performance diagnostics and emissions reduction across commercial shipping fleets.
   
• In August 2023, Hyundai Heavy Industries launched a 180,000 dwt LNG-powered bulk carrier equipped with its proprietary HiCBM (Condition-Based Maintenance) and HiCAMS (Integrated Safety Control) systems. HiCBM enables predictive diagnostics through real-time engine health monitoring, while HiCAMS enhances onboard operational safety. This integrated platform reflects Hyundai’s strategy to embed smart monitoring solutions into vessel design, supporting both environmental compliance and cost-efficient fleet maintenance.
   
• In April 2023, DNV launched Emissions Connect, a data verification engine and data management system targeted at the maritime industry to accurately measure and interact with emissions data. The system is trusted, verified emissions data with a way to share it with all stakeholders in the maritime value chain with confidence.
   

The marine engine monitoring system market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($Bn) and volume (Units) from 2021 to 2034, for the following segments:

Click here to Buy Section of this Report

Market, By Component

• Hardware 
  • Sensors
  • Control units
  • Display
  • Controllers
  • Others
• Software 
  • Data analytics software
  • Predictive maintenance software
  • Others
  • Services

Market, By Power

• 1,000 HP
• 1,000-5,000 HP
• 5,001-10,000 HP
• 10,000 HP and above

Market, By Deployment Mode

• On-site monitoring
• Remote monitoring

Market, By Propulsion  

• Diesel
• Gas turbine
• Others

Market, By Application

• Performance monitoring
• Fuel efficiency optimization
• Maintenance diagnosis
• Safety and regulatory compliance

Market, By End Use

• Commercial vessels 
  • Cargo ships
  • Tankers
  • Container ships
• Naval vessels
• Passenger vessels 
  • Cruise ships
  • Ferries
  • Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Nordics
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Philippines
  • Vietnam
  • Indonesia
• Latin America
  • Brazil
  • Mexico
  • Argentina
• MEA
  • South Africa
  • Saudi Arabia
  • UAE
  • Egypt