09-15-2018 05:59 AM CET - IT, New Media & Software

Maritime Information Market is expected to register a CAGR close to 10.53% during 2018 – 2023 | Global Key Players – Windward, exactEarth, SAAB Group, Thales, ORBCOMM, Lockheed Martin, Northop Grumman, BAE Systems

Press release from: Market Prognosis
Maritime Information Market
Maritime Information Market

Marketprognosis.com Publish a New Market Research Report On “Global Maritime Information Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Maritime Information Market:

The Global Maritime Information Market is expected to register a CAGR of 10.53%, during the forecast period (2018 - 2023).

The marine industry has been on a prosperous path over the recent five-year period registering considerable growth across the various sectors within the industry, with ocean shipping in particular being the most prominent contributor towards this growth. The maritime industry has been on the cusp of evolution in response to constant changes in the economic, political, and technological trends governing the growth of the industry. Information exchange forms the basis for different segments within the maritime industry to coordinate with each other, in order to enable smooth functioning. Effective communication between the governing authorities and the vessel out on sea is crucial in ensuring the operation is performed without any major challenge capable of disrupting the entire process.

Get a Sample Copy of this Report @ marketprognosis.com/sample-request/16482 .

Information exchange systems are critical for ships to be communicating with each on a regular basis, to communicate important information with each other. Systems integrated with the maritime traffic monitoring capabilities, and effective tracking systems, such as AIS, LRIT, and SAR have emerged as fundamental needs for vessels.

Better coordination between ships is of critical importance irrespective of their purpose of being on the water. Companies have been proactively investing in the development of effective management systems, which can lead to the better coordination between the involved stakeholders. The capabilities of the system can assist in planning a transit through a narrow path to avoiding piracy attacks, which are of elementary need but have the capability to save immense amount of monetary and human resource over the course of a single trip.

Collected information further helps reduce the amount of redundancy of planning a journey, by reducing the time spent on identifying the optimal route and also by enhancing operations on a day to day basis.

Purchase this report online with Top Key Players Analysis and List of Tables & Figure @ marketprognosis.com/buyReport/16482 .

The long-range identification and tracking systems has been designated to be the standardized tracking system to be adopted by vessels subject to operating on the sea. The system has been authorized by the International Maritime Organization to collect and disseminate information received from the ships subject to the different compliances and regulations. LRIT provides an enhanced level of marine domain awareness that allows unique visibility to report the accurate positions of the vessels and is being actively incorporated in the military and defense sectors, by helping the defense authorities recognize potential threats through the LRIT platforms, which is imminent for coast surrounded economies, such as the US and China among others.

Major Key Players:

1 Windward Limited

2 exactEarth Ltd.

3 SAAB Group

4 Thales Group

5 Iridium Communications Inc.


7 Lockheed Martin Corporation

8 Northop Grumman Corporation

9 BAE Systems

10 L-3 Communications Holdings Inc.

Any Query? Ask to our Expert @ marketprognosis.com/enquiry/16482 .

What Information does this report contain?

1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants

2 Which are the leading market products, applications & regions and how will they perform by 2023?

3 What are the technologies & innovation trends, how will they evolve by 2023?

4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Maritime Information Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Market Insights

4 Market Dynamics

5 Global Maritime Analytics Market Segmentation

6 Competitive Landscape - Key Vendor Profiles (List not Exhaustive)

7 Investment Analysis

8 Future Market Outlook

About us:

We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:

ProgMark Pvt. Ltd.
Thane – 421501

+1 973 241 5193

This release was published on openPR.
News-ID: 1240632 • Views: 889
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