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Global marine electronics market to grow at a CAGR of 4.77% according to new research report

Industrial Market Research

This report helps to analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Marine Electronics Market.

Marine Electronics are electronic devices that are specifically designed for the marine environment. Each device has its own specific function.

The report considers the following marine electronic products: Sonar (sound navigation and ranging) systems, Radars, and GPS tracking devices. The global marine electronics market is segmented based on product and geography.

Sonar systems dominated the global marine electronics market in 2016, accounting for a share of 61.19%.

It is expected to account for 57.29% of the market by 2021.

Analysts forecast the Global Marine Electronics Market to Grow at a CAGR Of 4.77% During the Period 2017-2021.



Covered in this report

The report covers the present scenario and the growth prospects of the global marine electronics market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of marine electronics.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

Global Marine Electronics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

Browse Full Report with TOC:…market-2017-2021


Key vendors

  • FLIR Systems
  • Garmin
  • Johnson Outdoors
  • Kongsberg Maritime
  • Kraken Sonar
  • Navico
  • Neptune Sonar
  • Northrop Grumman
  • Raytheon
  • R2Sonic
  • Sound Metrics
  • Thales Group
  • Ultra Electronics



Market driver

  • Increase in adoption of GPS systems


Market challenge

  • Requirement of high R&D investments for sonar modules


Market trend

  • Growing adoption of UUVs


Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

Companies Mentioned:

ATLAS ELEKTRONIK, FLIR Systems, FURUNO ELECTRIC, Garmin, Johnson Outdoors, Kongsberg Maritime, Kraken Sonar, Navico, Neptune Sonar, Northrop Grumman, Raytheon, R2Sonic, Sound Metrics, Thales Group, and Ultra Electronics.


Table of Contents
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

Market outline

PART 05: Market landscape

Market overview

Market size and forecast

Five forces analysis

PART 06: Market segmentation by product

Market overview

Global marine electronics market by sonar systems

Global marine electronics market by radars

Global marine electronics market by GPS tracking devices

PART 07: Geographical segmentation

Marine electronics market in Americas

Marine electronics market in EMEA

Marine electronics market in APAC

PART 08: Decision framework

PART 09: Drivers and challenges

Market drivers

Market challenges

PART 10: Market trends

Growing adoption of UUVs

Increasing adoption of sonar systems for search and rescue operations

Growing use of passive radars

Developments in SAS technology

PART 11: Vendor landscape

Competitive scenario

Key vendors

PART 12: Appendix


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