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Integrated Bridge Systems Market Report and Forecast 2024-2032

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    Report

  • 145 Pages
  • November 2023
  • Region: Global
  • Expert Market Research
  • ID: 5912809
According to the report, the global integrated bridge systems market is projected to grow at a CAGR of 3.7% between 2024 and 2032. Aided by the advancements in maritime technology and the pressing need for safer navigation and efficient ship operations, the market is expected to grow significantly by 2032.

Integrated Bridge Systems refer to the integration of shipboard systems and technologies into a single, unified system to ensure seamless navigation and operations. These systems are pivotal for the maritime sector, streamlining operations, facilitating enhanced safety measures, and promoting optimal resource usage. As vessels become more technologically sophisticated, the adoption of IBS becomes an imperative rather than a luxury.

One major propellant behind the surge in the integrated bridge systems market growth is the global thrust towards maritime safety. With the International Maritime Organization (IMO) and other governing bodies underlining the importance of safe sea navigation, ship operators are increasingly adopting IBS into their ships. Integrated systems ensure efficient communication, avoid system redundancies, and reduce the potential for human errors, thus ensuring safer sea voyages for passengers and goods.

As per the integrated bridge systems market analysis, the maritime sector's push towards automation and digitalisation significantly drives the IBS market forward. With the introduction of concepts like autonomous ships and the increasing implementation of artificial intelligence and machine learning in maritime operations, a robust integrated system becomes indispensable. It ensures that all subsystems work in synergy, providing real-time data, analytics, and automation tools to ship operators.

The role of IBS in streamlining operations and promoting fuel efficiency is another factor propelling integrated bridge systems market demand. As the maritime industry grapples with regulations related to emissions and looks towards sustainable operations, integrated systems, which optimise routes and operations leading to fuel savings, are witnessing augmented demand in the market.

The shipbuilding industry, especially in regions like Asia-Pacific, is experiencing a renaissance. Countries like China, South Korea, and Japan are at the forefront of shipbuilding activities. As new vessels are constructed, the integration of advanced bridge systems becomes crucial, further contributing value to the integrated bridge systems market size.

Market Segmentation

The market can be divided based on component, vessel type, subsystem, end user, and region.

Market Breakup by Component

  • Hardware
  • Software

Market Breakup by Vessel Type

  • Commercial Vessel
  • Defence Vessel

Market Breakup by Subsystem

  • VDR
  • INS
  • AIS
  • AWOS

Market Breakup by End User

  • OEM
  • Aftermarket

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global integrated bridge systems market. Some of the major players explored in the report are as follows:
  • Northrop Grumman Corporation
  • Wärtsilä Corporation
  • Kongsberg Gruppen ASA
  • Raytheon Technologies Corporation
  • L3Harris Technologies, Inc.
  • Sinor Marine Technologies
  • Mackay Communications, Inc.,
  • Tokyo Keiki Inc.
  • Hensoldt AG
  • Noris Group GmbH
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Integrated Bridge Systems Market Analysis
8.1 Key Industry Highlights
8.2 Global Integrated Bridge Systems Historical Market (2018-2023)
8.3 Global Integrated Bridge Systems Market Forecast (2024-2032)
8.4 Global Integrated Bridge Systems Market by Component
8.4.1 Hardware
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Software
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.5 Global Integrated Bridge Systems Market by Vessel Type
8.5.1 Commercial Vessel
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Defence Vessel
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.6 Global Integrated Bridge Systems Market by Subsystem
8.6.1 VDR
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 INS
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 AIS
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 AWOS
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.7 Global Integrated Bridge Systems Market by End User
8.7.1 OEM
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.2 Aftermarket
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
8.8 Global Integrated Bridge Systems Market by Region
8.8.1 North America
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2023)
8.8.1.3 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2023)
8.8.2.3 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2023)
8.8.3.3 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2023)
8.8.4.3 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Market Share
8.8.5.2 Historical Trend (2018-2023)
8.8.5.3 Forecast Trend (2024-2032)
9 North America Integrated Bridge Systems Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Integrated Bridge Systems Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Integrated Bridge Systems Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Integrated Bridge Systems Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Integrated Bridge Systems Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Northrop Grumman Corporation
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Wärtsilä Corporation
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Kongsberg Gruppen ASA
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Raytheon Technologies Corporation
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 L3Harris Technologies, Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Sinor Marine Technologies
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Mackay Communications, Inc.,
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Tokyo Keiki Inc.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Hensoldt AG
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Noris Group GmbH
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Integrated Bridge Systems Market: Key Industry Highlights, 2018 and 2032
2. Global Integrated Bridge Systems Historical Market: Breakup by Component (USD Million), 2018-2023
3. Global Integrated Bridge Systems Market Forecast: Breakup by Component (USD Million), 2024-2032
4. Global Integrated Bridge Systems Historical Market: Breakup by Vessel Type (USD Million), 2018-2023
5. Global Integrated Bridge Systems Market Forecast: Breakup by Vessel Type (USD Million), 2024-2032
6. Global Integrated Bridge Systems Historical Market: Breakup by Subsystem (USD Million), 2018-2023
7. Global Integrated Bridge Systems Market Forecast: Breakup by Subsystem (USD Million), 2024-2032
8. Global Integrated Bridge Systems Historical Market: Breakup by End User (USD Million), 2018-2023
9. Global Integrated Bridge Systems Market Forecast: Breakup by End User (USD Million), 2024-2032
10. Global Integrated Bridge Systems Historical Market: Breakup by Region (USD Million), 2018-2023
11. Global Integrated Bridge Systems Market Forecast: Breakup by Region (USD Million), 2024-2032
12. North America Integrated Bridge Systems Historical Market: Breakup by Country (USD Million), 2018-2023
13. North America Integrated Bridge Systems Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Europe Integrated Bridge Systems Historical Market: Breakup by Country (USD Million), 2018-2023
15. Europe Integrated Bridge Systems Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Asia Pacific Integrated Bridge Systems Historical Market: Breakup by Country (USD Million), 2018-2023
17. Asia Pacific Integrated Bridge Systems Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Latin America Integrated Bridge Systems Historical Market: Breakup by Country (USD Million), 2018-2023
19. Latin America Integrated Bridge Systems Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Middle East and Africa Integrated Bridge Systems Historical Market: Breakup by Country (USD Million), 2018-2023
21. Middle East and Africa Integrated Bridge Systems Market Forecast: Breakup by Country (USD Million), 2024-2032
22. Global Integrated Bridge Systems Market Structure

Companies Mentioned

  • Northrop Grumman Corporation
  • Wärtsilä Corporation
  • Kongsberg Gruppen ASA
  • Raytheon Technologies Corporation
  • L3Harris Technologies Inc.
  • Sinor Marine Technologies
  • Mackay Communications Inc.
  • Tokyo Keiki Inc.
  • Hensoldt AG
  • Noris Group GmbH

Methodology

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