Marine e-logs Software Market Size, Share, By Component (Software and Services), Deployment Mode (Cloud and On-Premises), Location (Onshore and Offshore), End-Users (Commercial Vessels, Cargo Vessels, Fishing Vessels, and Others), and Region - Trends, Analysis, and Forecast till 2035

• By 2035, the market is predicted to extend at USD 285.1 Million.
• Marine e-logs software market size was determined at USD 135 Million during the time of 2024.
• Target market is increasing in at a CAGR of 7.9%.

Marine e-logs software is a digital application used on ships to electronically record and manage all operational data, essentially replacing traditional paper-based logbooks, allowing crews to log information digitally. The marine e-logs software market is experiencing steady growth due to several factors including increasing regulatory compliance needs, growing focus on operational efficiency, advancements in data analytics, rising demand for fuel optimization, the need for real-time monitoring of vessel operations, and others.

Impact of AI in Vector Control:

• Shipping goods is a fundamental aspect of the globalized economy, and growing customers’ expectations globally enforce constant optimization in this field. In a nutshell, AI is changing the face of the maritime industry in three particular ways, such as providing partial autonomy to the automatized units, evaluating processes and optimizing them, and forecasting future trends.

Key Drivers of Target Market:

Digitization of Records Assists to Market Development

All training data is securely stored electronically, greatly reducing the risk of loss or damage. This ensures all training information is always readily accessible and protected from unforeseen events. Secured databases safeguard sensitive data, while user access controls ensure confidentiality. The use of digital records is also environmentally friendly by reducing the need for printing paper.

• For instance, in October 2021, Raytheon Anschütz, a business of Raytheon Technologies, has launched an electronic logbook for ships. Dubbed eLog, it is designed to provide secure, quality logbook data and is positioned by the company as a step toward paperless shipping and improved efficiency of onboard processes.

Restraints:

System Lag can Obstructed the market Expansion

Modern software can have a lot of data to display and with various tracking & monitoring interfaced with the software, the system can slow down very easily leading to system lag. The hardware needs to keep up with the software and frequent upgrades are necessary. A higher RAM and a higher graphics card is a must.

• Counterbalance Statements: Some common troubleshooting steps and solutions of mentioned problem are checking system requirements, software updates, optimization of database performance, background processes and resource allocation, and others.

Opportunities:

Unification of Groundbreaking Technology Contributes Significantly to Market Growth

Technologies including AI, IoT, big data analytics, blockchain, cloud computing, and cybersecurity are integral to a multitude of software systems and applications that are now catering to all aspects of the shipping industry including ship management, crew performance tracking and management, fleet performance, fuel management and environmental compliance, dry docking, catering management, port agency, electronic log books, and more.

• For instance, in November 2024, Arendal, Norway-headquartered ship manager, deployed software from German maritime AI pioneer Kaiko Systems across its entire fleet. Kaiko Systems’ platform provides real-time guidance, automated reporting, and comprehensive documentation, allowing crew members to conduct ship inspections efficiently.

Component, deployment mode, location, end-users, and region are partition on what market is categorized.

Component

Belonging to component, the market is distinguished into software and services. The software component generally holds the largest marine e-logs software market share compared to services, primarily due to the core functionality of an e-Log system that lies within the software itself, allowing for automated data collection, analysis, and reporting.

• For instance, in December 2021,   Prevention at Sea, has added a ballast electronic record book function to the MORSε suite of software-based maritime record books. MORSε, which stands for Maritime Operations Reporting, Storage, and Exchange, is a web platform that combines approved ship electronic logbooks, environmental compliance monitoring, and voyage management.

Deployment Mode

Cloud and on-premises are deployment modes upon which the market is bifurcated. Cloud segment have the uppermost market share due to its scalability, flexibility, and accessibility from anywhere with an internet connection and cost-effectiveness compared to on-premise solutions.

• For instance, in March 2020, Chevron Marine has launched a suite of digital solutions offering ship owners and operators tools with which to analyze, manage and help improve their operational performance. The suite, Chevron Marine Cloud Solutions, includes the customer order management platform OnePort. They are designed to integrate seamlessly with customers’ processes, meaning that users can easily adopt the tools and begin to reap the benefits of online vessel management.

Location

The market is distributed into onshore and offshore on account of method. However, offshore is superior method as compared to others. The segment’s expansion is attributed to the real-time data access, compliance assurance, and efficiency improvements provided by the offshore segment.

End-User

Commercial vessels, cargo vessels, fishing vessels, and others are end-users of the market. Commercial Vessels hold the largest marine e-Log software market share, as they encompass a wide range of cargo types, including raw materials, consumer goods, and machinery, and requiring extensive data recording.

Regional

Geographically, the market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

North America: North America has the market share in the marine e-log software market. This is due to several factors, including advanced maritime infrastructure, technological advancements, maritime safety and regulations, thriving recreational boating industry, economic growth, and others.

Asia Pacific: Asia Pacific is considered to be the fastest growing market for marine e-logs software, primarily due to robust economic expansion, increased trade activity, and significant investments in port infrastructure within the region leading to a higher demand for efficient maritime management tools such as e-logs software.

• For instance, in November 2023, Eco Marine Power (EMP) announced that it has partnered with Surfwave Inc., of Japan to bring the SurfGate cloud communication & power-saving gateway router to the maritime market. The SurfGate router is an IoT (Internet of Things) gateway that is compatible with all types of IoT needs. In addition to conventional Ethernet, RS485/232 serial ports, and wireless LAN, it can also support EnOcean and BLE (Bluetooth Low Energy) providing a rich interface for connecting various types of sensors and actuators.

Marine e-logs Software Market Report Scope:

Segmentation:

By Component:

• Software
  • Tracking & Monitoring
  • Supply Chain & Logistics
  • Navigation & Routine
  • Others
• Services
  • Professional Services
  • Managed Services

By Deployment Mode:

• Cloud
• On-Premises

By Location:

• Onshore
• Offshore

By End User:

• Commercial Vessels
• Cargo Vessels
• Fishing Vessels
• Others

By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • France
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • Indonesia
  • Malaysia
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The companies operating in the market are Kongsberg Digital, NAPA, Veson Nautical, Opsealog, ABS Wavesight, and others, which are integrating plan of action including new product launch, partnership & collaborations, integration with advanced technologies, and others to sustain in the market.  

List of Key Players in the Market:

• Kongsberg Digital
• NAPA
•  Veson Nautical
• Opsealog
• ABS Wavesight
• MariApps Marine Solutions
• SERTICA
• Wärtsilä
• CATCHLOG TRADING PTY. LTD.
• NAVTOR AS
• MESPAS AG
• MARINA MASTER Ltd.
• Dockmaster
• Lloyd’s Register Group Services Limited
• Prevention At Sea

• In March 2023, Kongsberg Digital has launched another advanced simulation technology as an online training application on its digital platform called K-Sim Navigation CLOUD, it is based on Kongsberg’s well-regarded simulation technology and was developed in a project funded by Innovation Norway. The solution enables schools and training centers to provide high-quality simulation training in navigation and ship handling, including ECDIS and radar.
• In February 2023, StormGeo, a leading provider of weather intelligence and decision-support solutions for the shipping industry and part of Alfa Laval, announced that it will start to offer an electronic logbook with the support of Raytheon Anschütz, a leading manufacturer of navigation and bridge systems. The aim of the partnership is to extend StormGeo's s-Suite product portfolio with Anschütz’s electronic logbook solution, eLog, to support 'completely paperless' ship governance.

Analyst View:

The marine e-logs software market is receiving remarkable hike caused by the increasing regulatory compliance needs, growing focus on operational efficiency, advancements in data analytics, rising demand for fuel optimization, the need for real-time monitoring of vessel operations, and others.

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