Global Marine Electronics Device Market Insights and Forecast to 2028

Market Analysis and Insights: Global Marine Electronics Device Market
Due to the COVID-19 pandemic, the global Marine Electronics Device market size is estimated to be worth US$ 13240 million in 2022 and is forecast to a readjusted size of US$ 17430 million by 2028 with a CAGR of 4.7% during the review period. Fully considering the economic change by this health crisis, Sonar (Sound Navigation and Ranging) Systems accounting for % of the Marine Electronics Device global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Ferry segment is altered to an % CAGR throughout this forecast period.
China Marine Electronics Device market size is valued at US$ million in 2021, while the US and Europe Marine Electronics Device are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Marine Electronics Device landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Marine Electronics Device include Marine Electronics, FLIR Systems, FURUNO ELECTRIC, Garmin, Johnson Outdoors, Kongsberg Maritime, Kraken Sonar, Navico and Neptune Sonar, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Marine Electronics Device capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Marine Electronics Device by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Marine Electronics Device Scope and Segment
Marine Electronics Device market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Marine Electronics Device market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Sonar (Sound Navigation and Ranging) Systems
Boat Surveillance & Security
Fishfinders
GPS & Radar
Marine Audio
Ecdis
Autopilots
Voyage Data Recorders
Safety Communications
Others
Segment by Application
Ferry
Cargo Ship
Combination Vessel
Salvage Vessel
Engineering Ship
Fishing Boats
Speed Boat
Military Vessels
Others
By Company
Marine Electronics
FLIR Systems
FURUNO ELECTRIC
Garmin
Johnson Outdoors
Kongsberg Maritime
Kraken Sonar
Navico
Neptune Sonar
Northrop Grumman
Raytheon
R2Sonic
Sound Metrics
Thales Group
Ultra Electronics
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE