Marine Electronics market

Marine Electronics Market, Global Outlook and Forecast 2023-2029

  • 30 March 2023
  • Manufacturing & Construction
  • 106 Pages
  • Report code : PMR-7622159

  • 4.7 (158)

Marine Electronics Market

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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 aims to provide a comprehensive presentation of the global market for Marine Electronics, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Marine Electronics. Marine Electronics Market contains market size and forecasts of Marine Electronics in global, including the following market information:

Global Marine Electronics Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global top five companies in 2022 (%)

The global Marine Electronics market was valued at US$ 12940 million in 2022 and is projected to reach US$ 17730 million by 2029, at a CAGR of 4.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

For applications of global marine electronics consumption, merchant marine is the largest segment with a market share of nearly 32% in 2019. Fishing vessel and yachts/recreation accounted for about 23% and 22% of the global market, respectively.

Among the global regions , the Europe held the largest the market share with 34% in 2019,while United States occupied about 31% of the market share.

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, 2018-2023, 2024-2029 ($ millions)

Global Marine Electronics Market Segment Percentages, by Type, 2022 (%)

GPS & Radar Systems

Fish Finders & Sonar

Marine Autopilots

Communication Equipment

Audio & Video Equipment

Global Marine Electronics Market, by Application, 2018-2023, 2024-2029 ($ millions)

Global Marine Electronics Market Segment Percentages, by Application, 2022 (%)

Merchant Marine

Fishing Vessel

Yachts/Recreation

Military

Underwater Drones

Global Marine Electronics Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)

Global Marine Electronics Market Segment Percentages, By Region and Country, 2022 (%)

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, 2018-2023 (estimated), ($ millions)

Key companies Marine Electronics revenues share in global market, 2022 (%)

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

Furuno

W?rtsil?

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

Outline of Major Chapters:

Chapter 1: Introduces the definition of Marine Electronics, market overview.

Chapter 2: Global Marine Electronics market size in revenue.

Chapter 3: Detailed analysis of Marine Electronics company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Marine Electronics in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.

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