Global Marine Electronics Market 2017-2021

  • ID: 4390849
  • Report
  • Region: Global
  • 65 pages
  • TechNavio
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FEATURED COMPANIES

  • ATLAS ELEKTRONIK
  • FURUNO ELECTRIC
  • Johnson Outdoors
  • Kraken Sonar
  • Neptune Sonar
  • R2Sonic
  • MORE
About Marine Electronics

Marine electronics are electronic devices that are specifically designed for the marine environment. Each device has its own specific function. The report considers the following marine electronic products: Sonar (sound navigation and ranging) systems, Radars, and GPS tracking devices. The global marine electronics market is segmented based on product and geography. Sonar systems dominated the global marine electronics market in 2016, accounting for a share of 61.19%. It is expected to account for 57.29% of the market by 2021.

The analysts forecast the global marine electronics market to grow at a CAGR of 4.77% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global marine electronics market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of marine electronics.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Marine Electronics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ATLAS ELEKTRONIK
  • FLIR Systems
  • FURUNO ELECTRIC
  • Garmin
  • Johnson Outdoors
  • Kongsberg Maritime
  • Kraken Sonar
  • Navico
  • Neptune Sonar
  • Northrop Grumman
  • Raytheon
  • R2Sonic
  • Sound Metrics
  • Thales Group
  • Ultra Electronics
Market drivers
  • Increase in adoption of GPS systems
  • For a full, detailed list, view the full report
Market challenges
  • Requirement of high R&D investments for sonar modules
  • For a full, detailed list, view the full report
Market trends
  • Growing adoption of UUVs
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ATLAS ELEKTRONIK
  • FURUNO ELECTRIC
  • Johnson Outdoors
  • Kraken Sonar
  • Neptune Sonar
  • R2Sonic
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product
  • Market overview
  • Global marine electronics market by sonar systems
  • Global marine electronics market by radars
  • Global marine electronics market by GPS tracking devices
PART 07: Geographical segmentation
  • Marine electronics market in Americas
  • Marine electronics market in EMEA
  • Marine electronics market in APAC
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Growing adoption of UUVs
  • Increasing adoption of sonar systems for search and rescue operations
  • Growing use of passive radars
  • Developments in SAS technology
PART 11: Vendor landscape
  • Competitive scenario
  • Key vendors
PART 12: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: CAGR comparison of each product 2016-2021
Exhibit 02: CAGR comparison by geography 2016-2021
Exhibit 03: Global marine electronics market: Overview
Exhibit 04: Global marine electronics market 2016-2021 ($ billions)
Exhibit 05: Maritime security systems
Exhibit 06: Five forces analysis
Exhibit 07: Global marine electronics market by product 2016-2021 (% share)
Exhibit 08: Global marine electronics market by product 2016-2021 ($ billions)
Exhibit 09: Global marine electronics market by sonar systems 2016-2021 ($ billions)
Exhibit 10: Global marine electronics market by radars 2016-2021 ($ billions)
Exhibit 11: Frequency bands for operation of radars
Exhibit 12: Global marine electronics market by GPS tracking devices 2016-2021 ($ billions)
Exhibit 13: Global marine electronics market by geography 2016-2021 (% share)
Exhibit 14: Global marine electronics market by geography 2016-2021 ($ billions)
Exhibit 15: Marine electronics market in Americas 2016-2021 ($ billions)
Exhibit 16: Marine electronics market in EMEA 2016-2021 ($ billions)
Exhibit 17: Marine electronics market in APAC 2016-2021 ($ billions)
Exhibit 18: Electronic jamming techniques
Exhibit 19: Global marine electronics market: Scenario 2016 and 2021
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FEATURED COMPANIES

  • ATLAS ELEKTRONIK
  • FURUNO ELECTRIC
  • Johnson Outdoors
  • Kraken Sonar
  • Neptune Sonar
  • R2Sonic
  • MORE
New Report Released: - Global Marine Electronics Market 2017-2021

The author of the report recognizes the following companies as the key players in the global marine electronics market: ATLAS ELEKTRONIK, FLIR Systems, FURUNO ELECTRIC, Garmin, Johnson Outdoors, Kongsberg Maritime, Kraken Sonar, Navico, Neptune Sonar, Northrop Grumman, Raytheon, R2Sonic, Sound Metrics, Thales Group, and Ultra Electronics.

Commenting on the report, an analyst from the research team said: “One trend in the market is growing adoption of UUVs. UUVs are underwater drones that are used for various applications, including naval mine detection, seabed mapping, seabed mining, searching for underwater mines, and search and recovery missions. The global UUV market was valued at $2.47 billion in 2015, and it is expected to grow at a CAGR of more than 20% during the forecast period.”

According to the report, one driver in the market is increase in adoption of GPS systems. There is an increase in the adoption of GPS systems to determine the location of ships and facilitate immediate rescue efforts during an emergency. GPS systems combine multiple devices and provide accurate details and information. GPS systems, which work on a satellite transmission basis, are highly authentic and effective. They help in pinpointing the position and location of vessels. With the use of GPS systems, seaborne vessels will know which route to take and what courses to avoid.

Further, the report states that one challenge in the market is requirement of high R&D investments for sonar modules. Sonar systems are categorized into two segments: commercial and defense. Sonars for commercial applications are mainly used by individuals for fishing, treasure hunting, and seabed surveys. These sonars cost $100-$1,000 and do not require high R&D investments. However, sonars that are used for defense applications have much higher average selling prices and require huge R&D investments, which are factors that are impeding new developments in sonar modules. This is because sonar system manufacturers have to customize these devices according to their customers' requirements.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • ATLAS ELEKTRONIK
  • FLIR Systems
  • FURUNO ELECTRIC
  • Garmin
  • Johnson Outdoors
  • Kongsberg Maritime
  • Kraken Sonar
  • Navico
  • Neptune Sonar
  • Northrop Grumman
  • Raytheon
  • R2Sonic
  • Sound Metrics
  • Thales Group
  • Ultra Electronics
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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