Marine Electronics Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Marine Electronics Market is expected to expand throughout the projected period, owing to factors such as increased acceptance of modern marine electronics for naval applications and an expansion in global trade and transportation practises by water. Furthermore, increased focus on the safety of oceanic routes and coastal areas is boosting market growth. During the projected period, technological advances, on the other hand, are likely to generate significant opportunities for key players in the marine electronics market.

Market Segmentations 

By Component

• Hardware
• Software

By Application

• Multifunctional Navigations
• GPS and Radar Systems
• Very High Frequency communication systems
• SONAR systems
• Marine Autopilot
• Thermal & Security Cameras
• Lighting appliances

By Industrial Vertical

• Defense
• Merchant Navy
• Fishing
• Sports and Cruise

Company Profiles

• FLIR Systems, Inc.
• Furuno Electric Co., Ltd.
• Garmin Ltd.
• Icom Inc.
• Japan Radio Co., Ltd.
• Kongsberg Maritime
• Navico
• Northrop Grumman Sperry Marine B.V.
• SRT Marine Systems plc
• Transas 

Recent Developments

• Market Overview and growth analysis
• Import and Export Overview
• Volume Analysis
• Current Market Trends and Future Outlook
• Market Opportunistic and Attractive Investment Segment

Geographic Coverage

• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume

Key Questions Answered by Marine Electronics Market Report

• What was the Marine Electronics Market size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028).
• What will be the CAGR of the Marine Electronics Market during the forecast period (2022-2028)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
• Which manufacturer/vendor/players in the Marine Electronics Market was the market leader in 2022?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.