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S&SYS

Full company profile

uuid0003lxj

Namestring
S&SYS
Legal namestring
에스엔시스 주식회사
Websiteurl
snsys.net
Company typeenum
Private
Founded yearint
2017
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersSeongnam, South Korea
HQ citystring
Seongnam
HQ countrystring
South Korea
HQ regionstring
Asia
Markets served

Serves global market

Offices5 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
ballast water management, ship automation systems, marine switchboards, fuel gas supply systems, maritime electrical equipment
Industry4 codes
1Shipboard Electrical Distribution, Power Conversion & Automation
CodeIMABAKAGPrimaryYes
2Automation, Controls & Instrumentation Engineering (IAS, PMS, Control Logic)
CodeIMAJAGAGPrimaryNo
3Electrical, Automation & Navigation MRO (Power, Controls, Comms, ECDIS/Radar)
CodeIMAJAFADPrimaryNo
4Retrofits, Upgrades & Compliance Conversions (Scrubbers, BWTS, Alternative Fuels, Energy-Saving Devices)
CodeTLAHAMAIPrimaryNo
NAICS code3 codes
  • Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing334511
  • Ship Building and Repairing336611
  • Ship and Boat Building3366
SIC code3 codes
  • Ship & Boat Building & Repairing3730
  • Industrial Instruments For Measurement, Display, And Control3823
  • Search, Detection, Navagation, Guidance, Aeronautical Sys3812
Product category
Maritime Electrical Equipment
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Maritime Equipment Manufacturing & Sales
TypeHardware Sales
Description

S&SYS generates primary revenue through the manufacture and sale of maritime electrical equipment including ballast water management systems, power distribution switchboards, automation systems, and fuel gas supply systems to shipbuilders and shipowners globally. Revenue is primarily project-based with equipment sales as one-time transactions for newbuild vessels, supplemented by after-sales service and spare parts.

2After-Sales Service & Maintenance
TypeProfessional Services
Description

Ongoing service revenue from maintenance contracts and spare parts supply through service centers in Dongtan and Busan, supporting installed base of equipment across customer fleet.

3Engineering & Technical Services
TypeProfessional Services
Description

Engineering services including EP (Engineering Procurement) business through MOU with DriverForce, and custom integration services for ship automation and power systems.

Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Supply Chain, Technology or R&D, Operations, Infrastructure, Marketing or Sales
Pricing details1 tier
1Custom project-based pricing for shipbuilders and shipowners
ModelOtherBilling cadenceMulti-year contract
Notes

Equipment pricing varies significantly based on vessel type, system specifications, certification requirements (IMO, USCG, classification societies), and project scope. No standard price list is publicly available.

GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 4 records shown
1PURIMAR
Description

Ballast Water Management System (BWMS) brand; includes PURIMAR 200 product line

snsys.net
+3 more records
Core offering1 text field

S&SYS manufactures and supplies maritime electrical and automation equipment for commercial vessels through three solution lines: ECO Solutions (PURIMAR ballast water management systems, PURIGAS fuel gas supply systems for LNG/low-flashpoint fuels), Automation Solutions (SSAS-Master integrated automation, alarm monitoring, remote maintenance systems), and Power Solutions (high-voltage and low-voltage switchboards, distribution boards, ESS, Schneider Electric licensed products). The company primarily serves newbuild shipyards and shipowners globally, with compliance to IMO D-2, USCG, and major classification society standards, supplemented by after-sales service through domestic service centers and international subsidiaries.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Ballast water treatment meeting IMO D-2 standards and USCG Type Approval requirements for preventing aquatic invasive species transfer
+2 more records
Product overview1 text field

S&SYS offers a comprehensive portfolio of marine and offshore solutions organized into three main solution categories: ECO Solutions, Automation Solutions, and Power Solutions. The core products include ballast water management systems (PURIMAR™ BWMS), integrated automation systems (SSAS-Master/IAS), and electrical switchboards (high/low voltage and distribution boards). The company also provides fuel gas supply systems (PURIGAS™ FGSS/LFSS) for LNG and alternative fuel vessels, energy storage systems (ESS), and remote maintenance services. Products are designed for various vessel types including LNG carriers, container ships, tankers, and bulk carriers, serving the commercial shipbuilding industry with both newbuild and retrofit solutions.

Product and service13 records
1PURIMAR Ballast Water Management System (BWMS)
CategoryECO Solution - Ballast Water Treatment
Description

Ballast water treatment system that prevents the transfer of invasive aquatic species through ship ballast water; certified by USCG, IMO, and major classification societies. Designed for commercial vessels requiring IMO D-2 standard compliance.

2SSAS-Master Integrated Automation System (IAS)
CategoryAutomation Solution - Integrated Automation System
Description

Integrated Automation System providing comprehensive vessel control, monitoring, and automation for various vessel types; includes cyber security type approval. SSAS-Master X is the next-generation version with advanced features.

3Alarm Monitoring System / Integrated Control & Monitoring System (AMS)
CategoryAutomation Solution - Alarm Monitoring System
Description

System for alarm monitoring and integrated control and monitoring of shipboard systems, providing stable performance and efficient control for vessel operations.

4Remote Maintenance System (RMS)
CategoryAutomation Solution - Remote Maintenance
Description

Remote maintenance and diagnostic system enabling off-site troubleshooting, monitoring, and support for vessel systems from onshore RMS centers in Dongtan and Busan.

5PURIGAS Fuel Gas Supply System (FGSS)
CategoryECO Solution - Fuel Gas Supply System
Description

LNG fuel gas supply system for gas-powered vessels with LR and KR approvals, designed for ME-GI engines and LNG-fueled commercial ships.

6PURIGAS LFSS (Low-flashpoint Fuel Supply System)
CategoryECO Solution - Low-flashpoint Fuel Supply
Description

Low-flashpoint fuel supply system for methanol and other low-flashpoint fuels, with KR Approval in Principle for next-generation alternative-fuel vessels.

7High Voltage Switchboard (SEPT series)
CategoryPower Solution - High Voltage Switchboard
Description

High voltage electrical distribution panels (12kV 40kA class) for main shipboard power distribution, including SEPT series with DNV-GL and ABS classification certifications. S&SYS holds the world's only ABB high voltage switchgear production license.

8Low Voltage Switchboard (SOLT series)
CategoryPower Solution - Low Voltage Switchboard
Description

Low voltage electrical distribution panels (690V 90kA) including SOLT series for auxiliary power distribution systems, with DNV-GL and LR certifications. S&SYS is the first in Korea with ABB low voltage switchboard production approval.

9Distribution Board
CategoryPower Solution - Distribution Board
Description

Electrical distribution boards for localized power distribution and circuit protection on ships.

10Schneider Electric License Products
CategoryPower Solution - Licensed Electrical Products
Description

Schneider Electric branded electrical products and solutions under license for marine applications, distributed through S&SYS for the Korean shipbuilding market.

11Electric Power System Analysis
CategoryPower Solution - Engineering Analysis Service
Description

Engineering analysis services for shipboard electrical power systems design, optimization, and configuration.

12Energy Storage System (ESS)
CategoryECO Solution - Energy Storage
Description

Battery-based energy storage systems for ships, distributed through channel partnership with Shift Clean Energy for the Korean and broader Asian maritime market.

13Energy Efficiency Management System (EN-Saver)
CategoryECO Solution - Energy Efficiency Management
Description

System for managing and optimizing vessel energy efficiency to support practical fuel savings and environmentally friendly operations.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership8 partners
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2025-01-01
Description

Strategic MOU with WE (tank manufacturer) for collaboration on LNG tank-related maritime equipment solutions, announced in 2025. Partnership focuses on fuel gas supply systems and tank integration for LNG-powered vessels.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2024-01-01
Description

ABB partnership for high voltage switchboard channel distribution in 2024 and low voltage switchboard solution partnership in 2025. S&SYS serves as a distribution channel for ABB's switchboard products in the maritime segment, combining ABB's technology with S&SYS's maritime market expertise and customer relationships.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2024-01-01
Description

MOU with DriverForce for EP (Engineering Procurement) business cooperation in 2024. Strategic partnership for joint engineering and procurement services in the maritime sector.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2023-01-01
Description

Shift Clean Energy partnership for ESS (Energy Storage System) distribution as authorized channel partner starting 2023. S&SYS distributes Shift Clean Energy's maritime battery and energy storage solutions to shipbuilders and shipowners in the Korean and broader Asian market.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2019-01-01
Description

Business cooperation with E&CO established in 2019 for collaboration in maritime equipment and solutions.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2017-01-01
Description

Ongoing strategic cooperation with Samsung Heavy Industries including hydrogen vessel development projects. Company originated as spin-off from Samsung Heavy Industries' electrical/electronic business unit in September 2017, maintaining close operational and strategic relationship.

Strategic tierMinorTypeOthers
Description

Active membership in KOSHIPA for industry networking, market intelligence, and business development within the Korean shipbuilding ecosystem.

Strategic tierMinorTypeOthers
Description

Active membership in KOMEA for offshore marine equipment industry networking and advocacy within the Korean maritime equipment sector.

Recent move18 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight7 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Division of Kongsberg Gruppen offering integrated ship automation (K-Chief, AutoChief), IAS, power and energy management for commercial vessels — the closest direct competitor to S&SYS's SSAS-Master platform across the same shipowner and shipyard base.

TypeBroad incumbent
Description

Global marine systems incumbent providing BWMS, automation, power conversion, and fuel systems across newbuild and aftermarket; overlaps with S&SYS across ballast water, automation, and LNG fuel systems but at vastly larger scale and with broader portfolio.

TypeBroad incumbent
Description

Global supplier of marine power distribution, switchboards, and integrated automation — and S&SYS's HV switchboard licensor — competing directly with S&SYS in shipboard power and automation while also enabling it via the ABB partnership.

TypeBroad incumbent
Description

Broad marine and process equipment incumbent offering PureBallast BWMS, fuel treatment, and heat transfer systems; competes head-to-head with S&SYS PURIMAR in BWMS and has global service scale advantages.

TypeDirect peer
Description

Specialist BWMS manufacturer focused on UV-based ballast water treatment; competes with S&SYS PURIMAR for IMO/USCG type-approved BWMS contracts on newbuilds and retrofits globally.

TypeBroad incumbent
Description

Global electrical distribution and automation major that licenses low-voltage switchboard products to S&SYS while also serving the marine segment directly with its own panel and automation portfolio.

TypeRegional player
Description

Korean switchboard and power equipment manufacturer competing with S&SYS in HV/LV marine switchboards primarily within Korean shipyards (HD Hyundai Heavy Industries, etc.) and broader domestic industrial markets.

TypeRegional player
Description

Korean electrical equipment manufacturer producing switchgear, power distribution, and automation products for industrial and marine customers; a direct regional competitor to S&SYS in Korean shipyard switchboard awards.

TypeEmerging player
Description

Specialist BWMS providers competing with S&SYS PURIMAR in electrolysis and filtration-based ballast water treatment systems across Asian and global shipyard bids.

TypeEmerging player
Description

Smaller BWMS specialist focused on pasteurization-based ballast water treatment; competes with S&SYS for retrofit and smaller-vessel compliance contracts in select markets.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers6 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability1 record

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance13 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

S&SYS

Maritime Electrical Equipmentsnsys.net

S&SYS firmographics

Firmographics
Name
S&SYS
Legal name
에스엔시스 주식회사
Website
https://snsys.net
Company type
Private
Founded year
2017
Operating status
Operating
Headcount range
51–100 employees
Ownership category
akta.pro rank

S&SYS industry classification

Industry
Product category
Maritime Electrical Equipment
NAICS
Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Ship Building and Repairing (336611), Ship and Boat Building (3366)
SIC
Ship & Boat Building & Repairing (3730), Industrial Instruments For Measurement, Display, And Control (3823), Search, Detection, Navagation, Guidance, Aeronautical Sys (3812)
akta.pro primary industry
Shipboard Electrical Distribution, Power Conversion & Automation (IMABAKAG)
akta.pro secondary industries
Automation, Controls & Instrumentation Engineering (IAS, PMS, Control Logic) (IMAJAGAG), Electrical, Automation & Navigation MRO (Power, Controls, Comms, ECDIS/Radar) (IMAJAFAD), Retrofits, Upgrades & Compliance Conversions (Scrubbers, BWTS, Alternative Fuels, Energy-Saving Devices) (TLAHAMAI)

Keywords

  • Ballast water management
  • Ship automation systems
  • Marine switchboards
  • Fuel gas supply systems
  • Maritime electrical equipment

Where S&SYS is headquartered

Location

Headquarters

HQ city
Seongnam
HQ country
South Korea
HQ region
Asia

Offices5 records

Markets served

S&SYS business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Personnel, Supply Chain, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

  1. Maritime Equipment Manufacturing & Sales: S&SYS generates primary revenue through the manufacture and sale of maritime electrical equipment including ballast water management systems, power distribution switchboards, automation systems, and fuel gas supply systems to shipbuilders and shipowners globally. Revenue is primarily project-based with equipment sales as one-time transactions for newbuild vessels, supplemented by after-sales service and spare parts.
  2. After-Sales Service & Maintenance: Ongoing service revenue from maintenance contracts and spare parts supply through service centers in Dongtan and Busan, supporting installed base of equipment across customer fleet.
  3. Engineering & Technical Services: Engineering services including EP (Engineering Procurement) business through MOU with DriverForce, and custom integration services for ship automation and power systems.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractCustom project-based pricing for shipbuilders and shipowners

Go-to-market motion2 records

Distribution channels5 records

Marketing channels3 records

S&SYS product offering

Product offering

Core offering

S&SYS manufactures and supplies maritime electrical and automation equipment for commercial vessels through three solution lines: ECO Solutions (PURIMAR ballast water management systems, PURIGAS fuel gas supply systems for LNG/low-flashpoint fuels), Automation Solutions (SSAS-Master integrated automation, alarm monitoring, remote maintenance systems), and Power Solutions (high-voltage and low-voltage switchboards, distribution boards, ESS, Schneider Electric licensed products). The company primarily serves newbuild shipyards and shipowners globally, with compliance to IMO D-2, USCG, and major classification society standards, supplemented by after-sales service through domestic service centers and international subsidiaries.

Product overview

S&SYS offers a comprehensive portfolio of marine and offshore solutions organized into three main solution categories: ECO Solutions, Automation Solutions, and Power Solutions. The core products include ballast water management systems (PURIMAR™ BWMS), integrated automation systems (SSAS-Master/IAS), and electrical switchboards (high/low voltage and distribution boards). The company also provides fuel gas supply systems (PURIGAS™ FGSS/LFSS) for LNG and alternative fuel vessels, energy storage systems (ESS), and remote maintenance services. Products are designed for various vessel types including LNG carriers, container ships, tankers, and bulk carriers, serving the commercial shipbuilding industry with both newbuild and retrofit solutions.

Differentiator

Problem solved

Functional benefit

Brands

  • PURIMAR: Ballast Water Management System (BWMS) brand; includes PURIMAR 200 product line
  • PURIGAS
  • SSAS-Master
  • SSAS-Master X

Products and services

  • PURIMAR Ballast Water Management System (BWMS) Ballast water treatment system that prevents the transfer of invasive aquatic species through ship ballast water; certified by USCG, IMO, and major classification societies. Designed for commercial vessels requiring IMO D-2 standard compliance.
  • SSAS-Master Integrated Automation System (IAS) Integrated Automation System providing comprehensive vessel control, monitoring, and automation for various vessel types; includes cyber security type approval. SSAS-Master X is the next-generation version with advanced features.
  • Alarm Monitoring System / Integrated Control & Monitoring System (AMS) System for alarm monitoring and integrated control and monitoring of shipboard systems, providing stable performance and efficient control for vessel operations.
  • Remote Maintenance System (RMS) Remote maintenance and diagnostic system enabling off-site troubleshooting, monitoring, and support for vessel systems from onshore RMS centers in Dongtan and Busan.
  • PURIGAS Fuel Gas Supply System (FGSS) LNG fuel gas supply system for gas-powered vessels with LR and KR approvals, designed for ME-GI engines and LNG-fueled commercial ships.
  • PURIGAS LFSS (Low-flashpoint Fuel Supply System) Low-flashpoint fuel supply system for methanol and other low-flashpoint fuels, with KR Approval in Principle for next-generation alternative-fuel vessels.
  • High Voltage Switchboard (SEPT series) High voltage electrical distribution panels (12kV 40kA class) for main shipboard power distribution, including SEPT series with DNV-GL and ABS classification certifications. S&SYS holds the world's only ABB high voltage switchgear production license.
  • Low Voltage Switchboard (SOLT series) Low voltage electrical distribution panels (690V 90kA) including SOLT series for auxiliary power distribution systems, with DNV-GL and LR certifications. S&SYS is the first in Korea with ABB low voltage switchboard production approval.
  • Distribution Board Electrical distribution boards for localized power distribution and circuit protection on ships.
  • Schneider Electric License Products Schneider Electric branded electrical products and solutions under license for marine applications, distributed through S&SYS for the Korean shipbuilding market.
  • Electric Power System Analysis Engineering analysis services for shipboard electrical power systems design, optimization, and configuration.
  • Energy Storage System (ESS) Battery-based energy storage systems for ships, distributed through channel partnership with Shift Clean Energy for the Korean and broader Asian maritime market.
  • Energy Efficiency Management System (EN-Saver) System for managing and optimizing vessel energy efficiency to support practical fuel savings and environmentally friendly operations.

Quantifiable outcome

  • Ballast water treatment meeting IMO D-2 standards and USCG Type Approval requirements for preventing aquatic invasive species transfer
  • +2 more outcomes

Companies that use S&SYS

Customer profile

Named customers6 records

Segments3 records

Ideal customer profiles3 records

S&SYS technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature5 records

S&SYS partnerships and signals

Strategic signal

Partnerships

Eight partnerships are on record, tiered minor and core.

  • WE (Tank Manufacturer)minorStrategic or Co-development Partner · 1 January 2025Strategic MOU with WE (tank manufacturer) for collaboration on LNG tank-related maritime equipment solutions, announced in 2025. Partnership focuses on fuel gas supply systems and tank integration for LNG-powered vessels.
  • ABBcoreChannel Partner/ Reseller/ Distributor · 1 January 2024ABB partnership for high voltage switchboard channel distribution in 2024 and low voltage switchboard solution partnership in 2025. S&SYS serves as a distribution channel for ABB's switchboard products in the maritime segment, combining ABB's technology with S&SYS's maritime market expertise and customer relationships.
  • DriverForceminorStrategic or Co-development Partner · 1 January 2024MOU with DriverForce for EP (Engineering Procurement) business cooperation in 2024. Strategic partnership for joint engineering and procurement services in the maritime sector.
  • Shift Clean EnergycoreChannel Partner/ Reseller/ Distributor · 1 January 2023Shift Clean Energy partnership for ESS (Energy Storage System) distribution as authorized channel partner starting 2023. S&SYS distributes Shift Clean Energy's maritime battery and energy storage solutions to shipbuilders and shipowners in the Korean and broader Asian market.
  • E&COminorStrategic or Co-development Partner · 1 January 2019Business cooperation with E&CO established in 2019 for collaboration in maritime equipment and solutions.
  • Samsung Heavy IndustriescoreStrategic or Co-development Partner · 1 January 2017Ongoing strategic cooperation with Samsung Heavy Industries including hydrogen vessel development projects. Company originated as spin-off from Samsung Heavy Industries' electrical/electronic business unit in September 2017, maintaining close operational and strategic relationship.
  • KOSHIPA (Korea Shipbuilding Industry Association)minorOthersActive membership in KOSHIPA for industry networking, market intelligence, and business development within the Korean shipbuilding ecosystem.
  • KOMEA (Korea Offshore Marine Equipment Association)minorOthersActive membership in KOMEA for offshore marine equipment industry networking and advocacy within the Korean maritime equipment sector.

Scale indicators4 records

Recent moves18 records

Expansion highlights7 records

S&SYS competitors and assessment

Company assessment

Direct peers

  • Kongsberg Maritime: Division of Kongsberg Gruppen offering integrated ship automation (K-Chief, AutoChief), IAS, power and energy management for commercial vessels — the closest direct competitor to S&SYS's SSAS-Master platform across the same shipowner and shipyard base.
  • Desmi Ocean Guard: Specialist BWMS manufacturer focused on UV-based ballast water treatment; competes with S&SYS PURIMAR for IMO/USCG type-approved BWMS contracts on newbuilds and retrofits globally.

Broad incumbents

  • Wärtsilä: Global marine systems incumbent providing BWMS, automation, power conversion, and fuel systems across newbuild and aftermarket; overlaps with S&SYS across ballast water, automation, and LNG fuel systems but at vastly larger scale and with broader portfolio.
  • ABB Marine & Ports: Global supplier of marine power distribution, switchboards, and integrated automation — and S&SYS's HV switchboard licensor — competing directly with S&SYS in shipboard power and automation while also enabling it via the ABB partnership.
  • Alfa Laval: Broad marine and process equipment incumbent offering PureBallast BWMS, fuel treatment, and heat transfer systems; competes head-to-head with S&SYS PURIMAR in BWMS and has global service scale advantages.
  • Schneider Electric Marine: Global electrical distribution and automation major that licenses low-voltage switchboard products to S&SYS while also serving the marine segment directly with its own panel and automation portfolio.

Regional players

  • Hyundai Electric & Energy Systems: Korean switchboard and power equipment manufacturer competing with S&SYS in HV/LV marine switchboards primarily within Korean shipyards (HD Hyundai Heavy Industries, etc.) and broader domestic industrial markets.
  • LS Electric: Korean electrical equipment manufacturer producing switchgear, power distribution, and automation products for industrial and marine customers; a direct regional competitor to S&SYS in Korean shipyard switchboard awards.

Emerging players

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

S&SYS social profiles

Digital presence

S&SYS compliance and trust

Trust signal

Compliance13 records

S&SYS financial estimates

Financial estimate

Revenue estimate

Valuation estimate

S&SYS leadership team

Management profile

Number of profiles

Profiles3 records

S&SYS subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

S&SYS funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

S&SYS M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about S&SYS

What does S&SYS do?

S&SYS manufactures and supplies maritime electrical and automation equipment for commercial vessels through three solution lines: ECO Solutions (PURIMAR ballast water management systems, PURIGAS fuel gas supply systems for LNG/low-flashpoint fuels), Automation Solutions (SSAS-Master integrated automation, alarm monitoring, remote maintenance systems), and Power Solutions (high-voltage and low-voltage switchboards, distribution boards, ESS, Schneider Electric licensed products). The company primarily serves newbuild shipyards and shipowners globally, with compliance to IMO D-2, USCG, and major classification society standards, supplemented by after-sales service through domestic service centers and international subsidiaries.

Is S&SYS a public or private company?

S&SYS is a private company. It is classified as corporate owned and is currently operating.

When was S&SYS founded?

S&SYS was founded in 2017. It employs 51 to 100 people.

Where is S&SYS based?

S&SYS is headquartered in Seongnam, South Korea, in the Asia region.

How does S&SYS make money?

Three revenue lines are on record. Maritime Equipment Manufacturing & Sales are the primary driver. The others are after-Sales Service & Maintenance and engineering & Technical Services.

Who are S&SYS's main competitors?

Direct peers on record are Kongsberg Maritime and Desmi Ocean Guard. Broad incumbents are Wärtsilä, ABB Marine & Ports, Alfa Laval and Schneider Electric Marine. Regional players are Hyundai Electric & Energy Systems and LS Electric. Emerging players are TEAM Marine (Tecnicas y Equipos para el Ambiente Marino) / JFE Engineering and Bawat Water Technologies.

Does S&SYS have an API?

No public API is recorded for S&SYS.

What industry is S&SYS in?

S&SYS's product category is Maritime Electrical Equipment. Its primary akta.pro industry code is IMABAKAG, Shipboard Electrical Distribution, Power Conversion & Automation, with a secondary code of IMAJAGAG, Automation, Controls & Instrumentation Engineering (IAS, PMS, Control Logic). Its NAICS code is 334511 and its SIC code is 3730.

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