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Global Marine Electronics Market to grow at a CAGR of 4.77% during the period 2017-2021

09-07-2017 02:22 PM CET | IT, New Media & Software

Press release from: MarketResearchReports.biz

"The Report Global Marine Electronics Market 2017-2021 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

​About Marine Electronics
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.

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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.
Technavios 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
Technavio's report, 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.

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Key vendors
ATLAS ELEKTRONIK
FLIR Systems
FURUNO ELECTRIC
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
For a full, detailed list, view our report
Market challenge
Requirement of high R&D investments for sonar modules
For a full, detailed list, view our report

Market trend
Growing adoption of UUVs
For a full, detailed list, view our report

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?

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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

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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

About us
MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

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