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The marine electronics market is forecasted to grow by USD 1.54 billion during 2023-2028, accelerating at a CAGR of 4.82% during the forecast period. The report on the marine electronics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in adoption of gps systems, growing focus on improving marine transportation safety, and rise in seaborne trade.
The marine electronics market is segmented as below:
By Component
- Hardware
- Software
By Product
- Sonar systems
- Radars
- GPS tracking devices
By Geography
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the marine electronics market covers the following areas:
- Marine electronics market sizing
- Marine electronics market forecast
- Marine electronics market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global marine electronics market: Adrie Marine Electronics Solutions Pvt. Ltd., Elcome International LLC, Furuno Electric Co. Ltd., Garmin Ltd., Icom America Inc., Japan Radio Co. Ltd., Johnson Outdoors Inc., Kongsberg Gruppen ASA, Kraken Robotics Inc., Marine Electronics, Navico, Neptune Sonar Ltd., Northrop Grumman Corp., R2SONIC Inc., Raymarine, Sound Metrics Corp., SRT Marine Systems Plc, Teledyne Technologies Inc., thyssenkrupp AG, and Ultra Electronics Holdings Plc.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing deployment of uuvs."
According to the report, one of the major drivers for this market is the increase in adoption of gps systems.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Adrie Marine Electronics Solutions Pvt. Ltd.
- Elcome International LLC
- Furuno Electric Co. Ltd.
- Garmin Ltd.
- Icom America Inc.
- Japan Radio Co. Ltd.
- Johnson Outdoors Inc.
- Kongsberg Gruppen ASA
- Kraken Robotics Inc.
- Marine Electronics
- Navico
- Neptune Sonar Ltd.
- Northrop Grumman Corp.
- R2SONIC Inc.
- Raymarine
- Sound Metrics Corp.
- SRT Marine Systems Plc
- Teledyne Technologies Inc.
- thyssenkrupp AG
- Ultra Electronics Holdings Plc
