Global Marine Navigation Systems Market Size, Status and Forecast 2024-2031

Report ID: 951203 | Published Date: Oct 2024 | No. of Page: 108 | Base Year: 2023 | Rating: 5 | Webstory: Check our Web story

Marine Navigation Systems consist of Chart Plotter and Electronic Navigation Chart. A Chart plotter is a device used in marine navigation that integrates GPS data with an electronic navigational chart (ENC). The chart plotter displays the ENC along with the position, heading and speed of the ship, and may display additional information from radar, automatic information systems (AIS) or other sensors.
An electronic navigational chart or ENC is an official database created by a national hydrographic office for use with an Electronic Chart Display and Information System (ECDIS). An electronic chart must conform to standards stated in the International Hydrographic Organization (IHO) Publication S-57 before it can be certified as an ENC. Only ENCs can be used within ECDIS to meet the International Maritime Organisation (IMO) performance standard for ECDIS.

Market Analysis and Insights: Global Marine Navigation Systems Market
The global Marine Navigation Systems market size is projected to reach US$ 1838.1 million by 2027, from US$ 1357.3 million in 2020, at a CAGR of 4.0% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Marine Navigation Systems market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Marine Navigation Systems market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Marine Navigation Systems market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Marine Navigation Systems market.

Global Marine Navigation Systems Scope and Market Size
Marine Navigation Systems market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Marine Navigation Systems market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Chart Plotter
Electronic Navigation Chart
Others

Segment by Application
Defense
Commercial

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Danelec Marine
Flir Systems
Furuno Electric
Honeywell
Kongsberg Maritime
Northrop Grumman Sperry Marine
Periskal
Raytheon AnschüTz
Safran Electronics & Defense
Wartsila

Frequently Asked Questions
Marine Navigation Systems report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Marine Navigation Systems report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Marine Navigation Systems report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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