Global Electronic Nautical Chart Market Top Leading Players with Strategies and Forecast 2028

The global electronic nautical chart (ENC) market is anticipated to grow at a significant CAGR 6% during the forecast period (2022-2028). The ENC contains information on features that are useful for navigation at sea, including the coast, bathymetry, beacons, and obstacles. The safety requirements established by the IMO, the increase in the trend towards safer navigation systems, and the expansion of the maritime and aviation industry are expected to drive the global nautical charts market in the forecast years. The paper catalog is replaced by a digital catalog, an order is sent via email, and the chart distributor sends licenses to ENCs via email. The advantage of ENCs is that CDs containing ENCs are usually available. The vessel will now be able to upload charts from CDs toan electronic chart display and information system (ECDIS) when the license is issued, eliminating the need to physically ship any goods.

In addition, many companies are trying to get into the field of EMC through M&A operations. The requirement for training in EMC is likely to hamper the growth of the market. Shipping companies face challenges while training staff in the use of ECDIS. There are options for following ECDIS training or specialized training. However, employees need training in ordering and licensing. The process of using a digital catalog, planning a trip, determining licensing requirements, and uploading licenses to ECDIS requires training itself. It is especially true because of the many types of catalog software available, all with their interactions and unique features.

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028

• Segment Covered-
o By Type
o By Application

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- C-MAP, Humminbird, Maptech, MaxSea, and Nobeltec, among others.

Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

A full report of Global Electronic Nautical Chart Market is available at:
https://orionmarketreports.com/global-electronic-nautical-chart-market/96929/

Global Electronic Nautical Chart Market Report by Segment

By Type
• 2D Nautical Chart
• 3D Nautical Chart

By Application
• Finishing Boats
• Yacht
• Other

Global Electronic Nautical Chart Market Report by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa

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This release was published on openPR.