Global Aids to Navigation System Market Growth (Status and Outlook) 2023-2029

Global Aids to Navigation System Market Growth (Status and Outlook) 2023-2029

The term "aids to navigation" includes buoys, day beacons, lights, lightships, radio beacons, fog signals, marks and other devices used to provide "street" signs on the water. Unlike the roads and highways that we drive on, the waterways we go boating on do not have road signs that tell us our location, the route or distance to a destination, or of hazards along the way. Instead, the waterways have AIDS TO NAVIGATION (or ATONs), which are all of those man-made objects used by mariners to determine position or a safe course. These aids also assist mariners in making a safe landfall, mark isolated dangers, enable pilots to follow channels, and provide a continuous chain of charted marks for precise piloting in coastal waters.

LPI (LP Information)' newest research report, the “Aids to Navigation System Industry Forecast” looks at past sales and reviews total world Aids to Navigation System sales in 2022, providing a comprehensive analysis by region and market sector of projected Aids to Navigation System sales for 2023 through 2029. With Aids to Navigation System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aids to Navigation System industry.

This Insight Report provides a comprehensive analysis of the global Aids to Navigation System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Aids to Navigation System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Aids to Navigation System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aids to Navigation System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Aids to Navigation System.

The global Aids to Navigation System market size is projected to grow from US$ 384.5 million in 2022 to US$ 507.1 million in 2029; it is expected to grow at a CAGR of 4.0% from 2023 to 2029.

Global key players of aids to navigation system include Sealite, Sabik Marine, Pharos Marine Automatic Power, Orga BV, Julius Marine GmbH, etc. Global top five manufacturers hold a share over 31%. The key players are mainly located in Europe, North America, Japan, Australia and South Korea. In terms of product, buoys is the largest segment, with a share over 29%. And in terms of application, the largest application is coastal & port, with a share over 56%.

This report presents a comprehensive overview, market shares, and growth opportunities of Aids to Navigation System market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Buoys
Fog Signals
Day Beacons
Lighthouses
Others

Segmentation by application
Offshore
Coastal & Port
Inland Waters

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sealite
Sabik Marine
Pharos Marine Automatic Power
Orga BV
Julius Marine GmbH
Zeni Lite Buoy
JFC Marine
Fendercare Marine
Resinex
Arctia Meritaito Oy
Mesemar
Ryokuseisha Corporation
GISMAN
ITO Navaids
Corilla Marine
SICE srl
Go Deep International
Woori Marine
KJS Technology

Please note: The report will take approximately 2 business days to prepare and deliver.