Marine Electronics Market by Platform (Commercial Vessels, Military Vessels, Unmanned Vessels, Ports), Application, Component Type (Hardware, Software), and Region (North America, Europe, Asia Pacific, and Rest of the World) - Forecast to 2027
The Marine electronics market is estimated to be USD xx billion in 2022 and is projected to reach USD xx billion by 2027, at a CAGR of xx% from 2022 to 2027. The market is driven by factors such as innovations in Marine electronics based propulsion systems used in different inland and seafaring vessels across the world.
COVID-19 has led to several challenges for many industries. The marine industry is no exception to that. The budget allotted to the defense sector has been reduced by several countries due to the COVID-19 pandemic. This puts most research projects on hold. The export of Marine electronics to several countries in the Middle East, Africa, and Latin America has also been reduced. All these scenarios affect the development of Marine electronics.
The Europe market is projected to contribute the largest share from 2022 to 2027
Key Players
Major players in the Marine electronics market include General Dynamics Corp. (US), Honeywell International Inc. (US), Thales Group (France), Raytheon Technologies (US), Northrop Grumman Corp. (US), Kongsberg Maritime (Norway), and Lig Nex 1 (South Korea). The report covers various industry trends and new technological innovations in the Marine electronics market for the period, 2018-2027.
Several key players operating in the weather data services market are focused on launching new systems which are compatible to marine electronics. They are undertaking rapid technological innovations.
Study Coverage
The report on the Marine electronics market provides an analysis from 2022 to 2027. It discusses industry and technology trends currently prevailing in the market, along with drivers, restraints, challenges, and opportunities that influence the growth of the market. This study also includes an in-depth competitive analysis of the key players operating in the market, along with their company profiles, key observations related to their product and business offerings, recent developments undertaken by them, and key market strategies adopted by them.
TABLE OF CONTENTS
1 INTRODUCTION
1.1 OBJECTIVES OF STUDY
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
1.3.1 MARINE ELECTRONICS MARKET SEGMENTATION
1.3.2 YEARS CONSIDERED FOR THE STUDY
1.4 INCLUSIONS AND EXCLUSIONS
1.5 CURRENCY
1.5.1 USD EXCHANGE RATE
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.3 KEY PRIMARY SOURCES
2.2 FACTOR ANALYSIS
2.2.1 INTRODUCTION
2.2.2 DEMAND-SIDE INDICATORS
2.2.3 SUPPLY-SIDE INDICATORS
2.3 RESEARCH APPROACH AND METHODOLOGY
2.3.1 BOTTOM-UP APPROACH
2.3.1.1 Market Size Estimation & Methodology
2.3.1.2 Regional split of Marine electronicsMarket
2.3.2 TOP-DOWN APPROACH
2.4 TRIANGULATION AND VALIDATION
2.4.1 TRIANGULATION THROUGH PRIMARY AND SECONDARY RESEARCH
2.5 RESEARCH ASSUMPTIONS
2.5.1 ASSUMPTIONS USED IN MARKET SIZING AND FORECAST
2.6 RISKS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.2 RESTRAINTS
5.2.3 OPPORTUNITIES
5.2.4 CHALLENGES
5.3 RANGE/SCENARIOS
5.4 PRICING ANALYSIS
5.4.1 AVERAGE SELLING PRICES OF KEY PLAYERS
5.4.2 AVERAGE SELLING PRICE TREND
5.5 VALUE CHAIN ANALYSIS
5.6 MARKET ECOSYSTEM MAP
5.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMER'S BUSINESS
5.8 PORTER’S FIVE FORCES ANALYSIS
5.8.1 THREATS OF NEW ENTRANTS
5.8.2 THREAT OF SUBSTITUTES
5.8.3 BARGAINING POWERS OF SUPPLIERS
5.8.4 BARGAINING POWERS OF BUYERS
5.8.5 INTENSITY OF COMPETITIVE RIVALRY
5.9 TARIFF AND REGULATORY LANDSCAPE
5.10 KEY STAKEHOLDERS AND BUYING CRITERIA
5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.10.2 BUYING CRITERIA
5.11 KEY CONFERENCES & EVENTS (2022-23)
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 TECHNOLOGY TRENDS
6.3 TECHNOLOGY ANALYSIS
6.4 IMPACT OF MEGATRENDS
6.5 INNOVATIONS & PATENT REGISTRATIONS
7 MARINE ELECTRONICS MARKET, BY COMPONENT TYPE
7.1 INTRODUCTION
7.2 HARDWARE
7.2.1 GPS & RADAR SYSTEMS
7.2.2 MULTI-FUNCTION NAVIGATION
7.2.3 SONAR MODULES
7.2.4 THERMAL & VISIBLE CAMERAS
7.2.5 MARINE VHF COMMUNICATION DEVICES
7.2.6 AUDIO VIDEO EQUIPMENT
7.2.7 MARINE AUTOPILOTS
7.2.8 AUTONOMOUS IDENTIFICATION SYSTEMS
7.2.9 ANALOG & DIGITAL COMMUNICATION DISTPLAY
7.2.10 SATELLITE TV
7.3 SOFTWARE
8 MARINE ELECTRONICS MARKET, BY APPLICATION
8.1 INTRODUCTION
8.2 COMMAND & CONTROL
8.3 SEARCH & RESCUE
8.4 NAVIGATION
8.5 COMMUNICATION
8.6 SURVEILLANCE
8.7 PORT SECURITY
8.8 ELECTRONIC WARFARE
9 MARINE ELECTRONICS MARKET, BY PLATFORM
9.1 INTRODUCTION
9.2 COMMERCIAL VESSELS
9.2.1 BULK CARRIER
9.2.2 TANKER
9.2.3 PASSENGER CRUISE
9.2.4 DRY CARGO
9.2.4.1 Container
9.2.4.2 General cargo
9.2.4.3 Dredgers
9.2.5 OTHER VESSELS (FISHING VESSELS, SUBMARINES, RESEARCH VESSELS)
9.3 DEFENSE VESSELS
9.3.1 AIRCRAFT CARRIERS
9.3.2 AMPHIBIOUS
9.3.3 DESTROYERS
9.3.4 FRIGATES
9.3.5 SUBMARINES
9.3.6 CORVETTES
9.3.7 OFFSHORE PATROL VESSELS
9.3.8 SUBMARINES
9.4 UNMANNED VEHICLES
9.4.1 UNMANNED UNDERWATER VEHICLES
9.4.1.1 ROV
9.4.1.2 AUV
9.4.2 UNMANNED SURFACE VESSELS
9.5 PORT
10 REGIONAL ANALYSIS
10.1 INTRODUCTION
10.2 NORTH AMERICA
10.2.1 PESTLE ANALYSIS: NORTH AMERICA
10.2.2 CANADA
10.2.3 US
10.3 EUROPE
10.3.1 PESTLE ANALYSIS: EUROPE
10.3.2 GERMANY
10.3.3 DENMARK
10.3.4 NORWAY
10.3.5 UK
10.3.6 RUSSIA
10.3.7 NETHERLANDS
10.3.8 REST OF EUROPE
10.4 ASIA PACIFIC
10.4.1 PESTLE ANALYSIS: ASIA PACIFIC
10.4.2 CHINA
10.4.3 INDIA
10.4.4 JAPAN
10.4.5 SINGAPORE
10.4.6 SOUTH KOREA
10.4.7 MALAYSIA
10.4.8 REST OF ASIA PACIFIC
10.5 REST OF THE WORLD
10.5.1 PESTLE ANALYSIS: REST OF THE WORLD
10.5.2 MIDDLE EAST & AFRICA
10.5.3 LATIN AMERICA
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTION
11.2 RANKING OF LEADING PLAYERS, 2021
11.3 KEY PLAYERS IN MARINE ELECTRONICS
11.3.1 WINNING IMPERATIVES, BY KEY PLAYERS
11.4 MARKET SHARE ANALYSIS
11.5 COMPETITIVE EVALUATION QUADRANT
11.5.1 STAR
11.5.2 EMERGING LEADER
11.5.3 PERVASIVE
11.5.4 PARTICIPANT
11.6 MARINE ELECTRONICS COMPETITIVE BENCHMARKING (STARTUPS)
11.6.1 PROGRESSIVE COMPANY
11.6.2 RESPONSIVE COMPANY
11.6.3 DYNAMIC COMPANY
11.6.4 STARTING BLOCK
11.7 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
11.7.1 STARTUP/SME QUADRANT
11.7.2 DETAILED LIST OF KEY STARTUP/SMES
11.8 COMPETITIVE SCENARIO
11.8.1 NEW PRODUCT LAUNCHES
11.8.2 CONTRACTS, DEALS, AND AGREEMENTS
12 COMPANY PROFILES
12.1 INTRODUCTION
12.2 KEY PLAYERS
(Business overview, Products/solutions/services offered, Recent developments, MNM view, Key strengths/Right to win, Strategic choice made, and Weaknesses and competitive threats)*
12.2.1 ARCHER DANIELS MIDLAND (ADM)
12.2.2 CHEVRON LUMMUS GLOBA
12.2.3 AVRIL GROUP
12.2.4 SOLAZYME
12.2.5 EMERALD ELECTRONICSS
12.2.6 NESTE CORPORATION
12.2.7 UPM
12.2.8 SUNPINE
12.2.9 NVERGENT TECH (A HONEYWELL COMPANY)
12.2.10 STEEPER ENERGY
12.2.11 LICELLA
12.2.12 ALTACA ENERGI INC.
12.2.13 RENMATIX
12.2.14 VELOCYS (FORMERLY OXFORD
CATALYSTS)
12.2.15 BETARENEWABLES
12.2.16 POET-DSM ADVANCED ELECTRONICS
12.2.17 ENERKEM
12.2.18 STENA LINE
12.2.19 PROGRESSION INDUSTRY
12.2.20 AMYRIS
12.2.21 GALP
12.3 OTHER PLAYERS
12.3.1 SUNSHINE ELECTRONICSS
12.3.2 GEVO
12.3.3 MÆRSK
12.3.4 ENI
12.3.5 EVOLEUM
12.3.6 GOODFUELS MARINE
12.3.7 RENEWABLE ENERGY GROUP
*Details on Business overview, Products/solutions/services offered, Recent developments, MNM view Key strengths/Right to win, Strategic choice made, and Weaknesses and competitive threats might not be captured in case of unlisted companies.
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
13.3 AVAILABLE CUSTOMIZATIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
Growth opportunities and latent adjacency in Marine Electronics Market