The marine equipment industry in Korea has been growing along with shipbuilding industry since early 1980s. Major shipbuilding might be predicted to shift to China in the near future. Moreover, new paradigm of e-navigation is about to get geared in the real world, which was specifically noted by IMO (International Maritime Organization). In order to catch up with rapid changes in the environments, the industry sector should move fast, the public sector should setup proper measures, and the academic sector should spur the research and development of new technologies. In this paper, international marin equipment markets and standardization trends are presented along with several representative R&D activities.