Global Marine Electronics Market – 2019 Size, Share, Growth Analysis By Product Type, Material, and Leading Industry Players Report Forecast Till 2023
The key players in the Global Marine Electronics Market are:
• Atlas Elektronik GmbH (Germany)
• FLIR Systems Inc. (US)
• Furuno Electric Co. Ltd (Japan)
• Garmin International (US)
• Ultra Electronics (UK)
• Thales Group (France)
• Northrop Grumman Corporation (US)
• Raytheon Company (US)
• Tokyo Keiki Inc. (Japan)
The Marine Electronics Market is expected to register a CAGR of over 5% during the review period.
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Sample the market data and market information presented through more than 82 market data tables and 52 figures spread over 155 pages. Avail of an in-depth table of contents and a market synopsis on the Global Marine Electronics Market—Forecast till 2023.
The Global Marine Electronics Market is estimated to exhibit an over 5% CAGR from 2018 to 2023. Factors such as the increasing demand from the defense sector, and rise in marine trade activities are expected to contribute to the growth of the market.
In 2017, North America accounted for the largest market share owing to the rising adoption of maritime electronics by maritime force to secure the marine routes and coastal areas.
In Europe, market growth is driven by the leading shipbuilding countries such as Germany, France, Russia, and Italy. The European region is one of the main consumers of marine electronic equipment.
Asia-Pacific is projected to be fastest-growing marine electronics market during the review period. China, Japan, India, and Australia are expected to contribute significantly to market growth. With marine trading is growing year-on-year, there has been an increase in the adoption of marine electronics. This is expected to drive investments in marine electronics by marine industry.
The marine industry in Latin America has been growing steadily over the past few years. This is expected to positively drive the demand for marine electronics during the forecast period.
The Global Marine Electronics Market has been segmented into based on component type, vessel type, application, and region. By component type, the market has been segmented divided into hardware and software.
By vessel type, the market has been segmented into classifed as merchant vessels, fishing vessels, naval vessels, recreational boats, and others. By application, the market has been segmented by into navigation, communication, automation, and others.
This research report provides insights into various levels of analysis, such as industry analysis and market share analysis, for the leading competitors; it also offers a profile on the key market players. The report assists in studying the target segments by providing views on the emerging and high-growth segments.
The market data comprises a basic assessment of the competitive scenarios and strategies in the Global Marine Electronics Market, including high-growth regions and/or countries and the political and economic environment. The project report further provides historical market values and pricing and cost analysis.
Table Of Contents:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.2 Research Objectives
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
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