Press release
Ship Radar Market: Competitive Dynamics & Global Outlook 2023
Radar is an acronym for "radio detection and ranging." Ship radars are X band or S band radars to provide bearing and distance of ships and land targets in vicinity from own ship (radar scanner) for collision avoidance and navigation at sea. Ship radar is a vital component for safety at sea and near the shore.
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Global Ship Radar Market: Forecast by Type / Application / Region
The market for Ship Radar is fragmented with players such as Furuno, Navico, JRC (Alphatron Marine), Garmin, SAM Electronics and so on. Top 4 companies occupy 65% market share in 2016. Japan owns major production and biggest export market in the world. Market stays in mature period with a clear concentration. There hardly to have obvious technology breakthrough except deeper system function integration.
With Continuous rise in demand for global marine transportation vessel manufacturing and global military naval power requirement from eastern pacific and North America, this demand could counteract the negative influence from global economic trend in some distance.
Over the next five years, LPI(LP Information) projects that Ship Radar will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
Global Ship Radar Market: Key Players
Furuno
Navico
JRC (Alphatron Marine)
Garmin
SAM Electronics
Transas Marine International
Raymarine
Raytheon
Sperry Marine
TOKIO KEIKI
GEM Elettronica
Rutter Inc
Kelvin Hughes
Koden Electronics
Kongsberg Maritime
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Related Information:
United States Ship Radar Market Research Report 2018
Europe Ship Radar Market Research Report 2018
North America Ship Radar Market Research Report 2018
Asia-Pacific Ship Radar Market Research Report 2018
China Ship Radar Market Research Report 2018
EMEA Ship Radar Market Research Report 2018
Global Ship Radar Market Research Report 2018
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