Global Ship Radar Market Growth 2023-2029

Global Ship Radar Market Growth 2023-2029

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.

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

This Insight Report provides a comprehensive analysis of the global Ship Radar 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 Ship Radar portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ship Radar market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ship Radar 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 Ship Radar.

The global Ship Radar market size is projected to grow from US$ 409.9 million in 2022 to US$ 450.2 million in 2029; it is expected to grow at a CAGR of 450.2 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Ship Radar market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

X-band

S-band

Others

Segmentation by application

Yacht/Recreational

Merchant Marine

Fishing Vessel

Military Naval

Others

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.

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）

Key Questions Addressed in this Report

What is the 10-year outlook for the global Ship Radar market?

What factors are driving Ship Radar market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Ship Radar market opportunities vary by end market size?

How does Ship Radar break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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