Global Marine Electronic Navigation System Market Research Report 2023(Status and Outlook)

Global Marine Electronic Navigation System Market Research Report 2023(Status and Outlook)

Report Overview

An Marine Electronic Navigation System, is also know as Electronic Chart Display and Information System (ECDIS). (is a geographic information system used for nautical navigation that complies with International Maritime Organization (IMO) regulations as an alternative to paper nautical charts. IMO refers to similar systems not meeting the regulations as Electronic Chart Systems (ECSs).

The Marine Electronic Navigation System industry can be broken down into several segments, Vector Chart (ENC), Raster Chart (RNC), Electronic Chart Display and Information Systems (ECDIS), Others, etc.

Across the world, the major players cover Raytheon Anschütz GmbH, Simrad Yachting, B&G Company, Raymarine Marine Electronics, Furuno Electric Co., Ltd, SPOT LLC., KVH Industries, Inc., Icom America Inc., Jeppesen Sanderson, Inc., FLIR Systems, Inc., etc.

The Global Marine Electronic Navigation System Market Size was estimated at USD 293.5 million in 2022 and is projected to reach USD 260.31 million by 2029, exhibiting a CAGR of -1.70% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Marine Electronic Navigation System market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Marine Electronic Navigation System Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Marine Electronic Navigation System market in any manner.

Global Marine Electronic Navigation System Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

RH Marine

Furuno Electric

Raytheon Anschütz

DANELEC MARINE

Northrop Grumman Sperry Marine

StormGeo(Nautisk)

Kongsberg Maritime

Raymarine Marine Electronics

Japan Radio

B&G Company

Simrad Yachting

Highlander

Dalian Navtech Information

Xinuo Information Technology

Market Segmentation (by Type)

Vector Chart (ENC)

Raster Chart (RNC)

Market Segmentation (by Application)

Automotive

Telecommunication

Aerospace

Optics

Medical Instrumentation

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Marine Electronic Navigation System Market

Overview of the regional outlook of the Marine Electronic Navigation System Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors