Carbon Intensity Monitoring for Shipping Market Report 2026

The carbon intensity monitoring for shipping market size has grown rapidly in recent years. It will grow from $1.2 billion in 2025 to $1.41 billion in 2026 at a compound annual growth rate (CAGR) of 16.7%. The growth in the historic period can be attributed to introduction of maritime emission regulations, rising awareness of shipping emissions, adoption of onboard fuel monitoring systems, growth of digital fleet management solutions, increasing transparency in maritime operations.

The carbon intensity monitoring for shipping market size is expected to see rapid growth in the next few years. It will grow to $2.58 billion in 2030 at a compound annual growth rate (CAGR) of 16.4%. The growth in the forecast period can be attributed to increasing enforcement of carbon intensity regulations, rising investments in low-emission shipping technologies, expansion of cloud-based monitoring platforms, growing demand for automated compliance reporting, increasing integration of ai-driven emission analytics. Major trends in the forecast period include increasing deployment of real-time emission monitoring systems, rising adoption of digital carbon reporting platforms, growing integration of fuel consumption analytics, expansion of regulatory compliance monitoring tools, enhanced focus on voyage-level emission optimization.

The increasing vessel traffic is expected to drive the growth of the carbon intensity monitoring for shipping market in the coming years. Increasing vessel traffic refers to the rising number of ships calling at ports, harbors, and terminals as global trade expands. Vessel traffic is growing due to a surge in container and bulk cargo volumes post-pandemic, fueled by the expansion of international trade and port throughput. Carbon intensity monitoring for shipping helps manage and reduce emissions per voyage, optimize fuel efficiency, and ensure regulatory compliance amid growing vessel traffic. For example, in February 2025, according to the Port Authority of New York and New Jersey, a US-based bi-state agency, monthly twenty-foot equivalent unit (TEU) volumes at its facilities reached 718,826, marking a 12 percent increase from February 2024, while December’s TEU total of 688,180 represented a 9 percent rise over December 2023. Therefore, the growing vessel traffic is supporting the expansion of the carbon intensity monitoring for shipping market.

Key companies are operating in the carbon intensity monitoring for shipping market, focusing on technological innovations such as reworked methodology to improve emissions measurement accuracy, enhance data transparency, and support compliance with evolving maritime decarbonization regulations. Reworked methodology refers to the updated calculation frameworks, measurement standards, and assessment criteria designed to more precisely evaluate and benchmark a vessel’s greenhouse gas emissions and carbon intensity performance. For instance, in September 2023, RightShip, a UK-based maritime risk management and environmental performance platform, launched the updated GHG 2 Rating, featuring an improved methodology aimed at increasing transparency and accuracy in assessing the greenhouse gas performance of vessels, thereby supporting efforts toward maritime decarbonization. The revised methodology incorporates new data sources and stricter evaluation criteria to provide more reliable and meaningful insights for shipowners, charterers, and regulators seeking to reduce shipping’s carbon footprint.

In November 2023, Danelec, a Denmark-based company offering ship performance monitoring, acquired Nautilus Labs for an undisclosed amount. Through this acquisition, Danelec aimed to integrate advanced AI-driven carbon intensity and voyage optimization capabilities into its ship performance monitoring solutions, enhancing its offerings for sustainable and efficient maritime operations. Nautilus Labs is a US-based company providing carbon intensity monitoring for shipping through its AI-powered platform.

Major companies operating in the carbon intensity monitoring for shipping market are Hanwha Group, Wärtsilä Corporation, Bureau Veritas S.A., American Bureau of Shipping (ABS), DNV AS, Lloyd’s Register Group Limited, Gaztransport & Technigaz S.A. (GTT), Kongsberg Digital AS, ZeroNorth A/S, RightShip Pty Ltd, Veson Nautical Corporation, Marine Benchmark AB, Danfoss IXA A/S, Spinergie SAS, Blue Water Trade Winds Private Limited, CargoMetrics Technologies LLC, ClassNK (Nippon Kaiji Kyokai), Everimpact SAS, Raymetrics S.A., Tunable AS.

Europe was the largest region in the carbon intensity monitoring for shipping market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the carbon intensity monitoring for shipping market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the carbon intensity monitoring for shipping market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The carbon intensity monitoring for shipping market consists of revenues earned by entities by providing services such as real-time emission analytics consulting, carbon footprint verification and certification, predictive maintenance for fuel efficiency, route optimization advisory and environmental impact assessment. The market value includes the value of related goods sold by the service provider or included within the service offering. The carbon intensity monitoring for shipping market also includes sales of onboard emission sensors, fuel flow meters, iot-enabled engine monitoring devices, energy efficiency management software and satellite-based voyage monitoring systems. Values in this market are ‘factory gate’ values; that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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