Press release
Marine Electronics Market Stand Out As The Biggest Contributor To Global Growth 2020-2027
Marine Electronics
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The Main Key Players in the Marine Electronics Market Are:
Transas, Kongsberg Gruppen, Intellian, Honeywell Process Solutions, Johnson Outdoors Marine Electronics Inc. (Hummingbird), Atlas Electronics, FLIR Systems, Furuno electric, Garmin, Navico, Neptune Sonar, and Northrop Grumman.
Global Marine Electronics Market: Taxonomy
On the basis of end user, the global marine electronics market is segmented into:
-Commercial shipping
-Work Boats
-Naval
-Fishing Vessels
-Recreational Boats
On the basis of display type, the global marine electronics market is segmented into:
-Multi-functional
-Instrumental
Regional Analysis:
North America and Europe are the largest markets for marine electronic devices. North America and Europe largely invests in manufacturing of boats and also implements advanced technologies such as marine electronics in boats. This drives growth of the marine electronics market. According to a 2017 report of the International Trade Administration (ITA), the total U.S. exports of marine electronics is expected to grow by 5 percent annually and reach an estimated US$ 2.4 billion in 2018.
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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