Global Ship Radar Market Research Report 2023(Status and Outlook)

Global Ship Radar Market Research Report 2023(Status and Outlook)

Report Overview

Radar is an acronym for ""radio detection and ranging."" Ship radars are X band or S band radars to provide bearing and distance of ships and land targets in vicinity from own ship (radar scanner) for collision avoidance and navigation at sea. Ship radar is a vital component for safety at sea and near the shore.

Global Ship Radar key players include Furuno, Navico, JRC(Alphatron Marine), Garmin, SAM Electronics, etc. Global top five manufacturers hold a share about 70%.

Japan is the largest market, with a share about 40%, followed by Europe and North America, both have a share over 50 percent.

In terms of product, S-band is the largest segment, with a share over 60%. And in terms of application, the largest application is Yacht/Recreational, followed by Merchant Marine.

The Global Ship Radar Market Size was estimated at USD 413.20 million in 2022 and is projected to reach USD 452.30 million by 2029, exhibiting a CAGR of 1.30% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Ship Radar 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 Ship Radar 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 Ship Radar market in any manner.

Global Ship Radar 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

Furuno

Navico

JRC(Alphatron Marine)

Garmin

SAM Electronics

Transas Marine International

Raymarine

Raytheon

Sperry Marine

TOKIO KEIKI

GEM Elettronica

Rutter Inc

Kelvin Hughes

Koden Electronics

Kongsberg（Kongsberg Maritime）

Market Segmentation (by Type)

X-band

S-band

Others

Market Segmentation (by Application)

Passenger Car

Commercial Vehicle

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 Ship Radar Market

Overview of the regional outlook of the Ship Radar 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