Top 10 Marine Tech Solutions Companies - 2022

The marine sector is foraying into a new world of innovation and digitalization under the influence of the latest technological trends and advancements. Marine tech solution providers are delivering futuristic solutions to improve communications infrastructure and alleviate the challenges present in an underwater environment.

According to a recent study published by Markets and Markets, the marine software market is projected to grow from $4.9 billion in 2022 to $6.4 billion by 2027 at a CAGR of 5.1 percent.

At the core of this growth is a gamut of disruptive tech trends, fundamentally changing marine applications for the better. For instance, the maritime industry is using artificial intelligence (AI) for predictive maintenance, autonomous navigation, and route optimization. AI in underwater robots and vehicles facilitates search and rescue operations and helps monitor fleet operations continuously to improve vessel and port management.

New ship propulsion systems are also gaining immense traction in the market as they provide captains with better control of the ship. These systems, driven by novel technologies, enable smarter decision-making and accurate control of the equipment.

Startups are building maritime robotics solutions that are tailored for underwater maintenance tasks and cleaning and inspection of vessels. Maritime IoT is yet another technological development in the space popularized for its ability to simplify location data acquisition and enable tracking of emissions, machine conditions, propulsion data, and structural integrity.

This edition of CIOReview delivers a bird’s-eye view of recent developments in the marine tech arena and insights into how companies are aligning with these trends to transform legacy practices.

We have curated thought leadership articles from industry experts, including the Director, Operational Excellence at Overseas Shipholding Group and Head of GIS, Ramboll. We also took a deep dive into the market trends to narrow down the list of companies delivering robust marine tech solutions. Equipped with innovative technological capabilities, the enlisted service providers, such as Stallion Marine, Tritan Software, and MRV Systems, help transform businesses at the cloverleaf of various disruptive technologies.

We hope this edition of CIOReview on marine tech helps you build the partnership you and your organization need to foster an environment driven by efficient technology.

    Top Marine Tech Solutions Companies

  • 1

    MRV Systems isa global provider of autonomous, buoyancy-driven underwatervehicles, which are explicitly designed for a wide range of ocean observingapplications, from basic ocean research to maritime domain awareness.

  • 2

    Stallion Marine is North America's leader in highquality heat shields and exhaust systems for ships and workboats. The company's lagging kits are made with a high temp liner foil with sewn edges that completely encapsulate the fiberglass, preventing fluid ingression and therefore, any inadvertent fire hazards

  • 3

    Tritan is the industry's leading provider of Safety and Health software and services. With a fast-rising presence in the Commercial Shipping & Offshore industries, Tritan presently supports over 95 percent of existing Cruise Lines. Tritan Software is a privately held firm headquartered in Miami, Florida, with employees located across strategic regions in over 20+ countries

  • 4

    AIRMAR

    AIRMAR

    AIRMAR® Technology Corporation is a global pioneer in developing and producing high-performance sensors for maritime and industrial applications. They develop cuttingedge ultrasonic transducers, electromagnetic flow sensors, WeatherStation® instruments, and sensor monitoring systems for various applications. Some markets include recreational marine, commercial fishing, meteorology, ocean survey, process control, and proximity sensing

  • 5

    Evac

    Evac

    Evan provides sustainable water and waste management solutions, corrosion protection, and marine growth avoidance for a wide range of vessels, from the world's largest cruise ships to navy and cargo vessels and tiny work boats. They are now the global leader in integrated Evac® waste and water treatment technologies, Cathelco® corrosion protection and marine growth prevention systems, and HEM® freshwater systems

  • 6

    Globe Composite

    Globe Composite

    Globe Composite manufactures commercial and recreational composite maritime components and accessories using a high-performance proprietary elastomer called Brandonite®. Globe Composite's marine products will last for years without losing their durability, polish, or color

  • 7

    Kearfott

    Kearfott

    Kearfott has been committed to quality, dependability, and cutting-edge technology for guiding, navigation, and motion-control solutions for over 100 years. Kearfott is a wholly owned subsidiary of Astronautics Corporation of America, a leading global in designing, developing, and producing commercial and military aircraft avionics equipment and systems

  • 8

    SENS

    SENS

    Battery-backed DC power is used to power essential systems such as communications, fire suppression, electrical switchgear, and more on ships and other offshore maritime applications. The American Bureau of Shipping (ABS) has certified the SENS MicroGenius 2, S2 and S4 switch-mode and EnerGenius IQ SCR battery chargers to supply clean, steady DC power for constant loads in marine and offshore applications

  • 9

    Tritex NDT Ltd

    Tritex NDT Ltd

    Tritex NDT has developed to become one of the world's top manufacturers of ultrasonic thickness gauges. In the 1980s, its skilled experts pioneered the use of multiple echoes in hand-held ultrasonic thickness gauges. Its use of the Multiple Echo process guarantees that protective coatings are not compromised, avoiding the necessity for a costly replacement

  • 10

    UMT Marine

    UMT Marine

    UMT is a well-known entrepreneur who combines European craftsmanship with a constant enthusiasm for invention. UMT is a renowned partner in the marine sector due to its belief in education, technology, and old-world apprenticeship training