Marine Electronics Market

Marine electronics refers to electronics devices designed and classed for use in the marine environment on board ships and yachts where even small drops of salt water will destroy electronics devices. Therefore, the majority of these types of devices are either water resistant or waterproof.

Marine Electronics Market contains market size and forecasts of Marine Electronics in Global, including the following market information:

• Global Marine Electronics Market Revenue, 2017-2022, 2023-2028, ($ millions)
• Global top five companies in 2021 (%)

The global Marine Electronics market was valued at 12940 million in 2021 and is projected to reach US$ 17730 million by 2028, at a CAGR of 4.6% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

GPS & Radar Systems Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Marine Electronics include Furuno, W?rtsil?, Garmin, Kongsberg Maritime, Navico, ThyssenKrupp Marine Systems, JRC, Northrop Grumman and FLIR Systems, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Marine Electronics companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Marine Electronics Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Marine Electronics Market Segment Percentages, by Type, 2021 (%)

• GPS & Radar Systems
• Fish Finders & Sonar
• Marine Autopilots
• Communication Equipment
• Audio & Video Equipment

Global Marine Electronics Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Marine Electronics Market Segment Percentages, by Application, 2021 (%)

• Merchant Marine
• Fishing Vessel
• Yachts/Recreation
• Military
• Underwater Drones

Global Marine Electronics Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Marine Electronics Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Marine Electronics revenues in global market, 2017-2022 (estimated), ($ millions)
• Key companies Marine Electronics revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Furuno
• Wrtsil
• Garmin
• Kongsberg Maritime
• Navico
• ThyssenKrupp Marine Systems
• JRC
• Northrop Grumman
• FLIR Systems
• Thales Group
• Ultra Electronics
• Raytheon Ansch?tz
• ICOM
• Johnson Outdoors
• Highlander
• Kraken Robotics
• Neptune Sonar