Global Marine Electronic Navigation System Market Insights and Forecast to 2028

An Marine Electronic Navigation System, is also know as Electronic Chart Display and Information System (ECDIS). (is a geographic information system used for nautical navigation that complies with International Maritime Organization (IMO) regulations as an alternative to paper nautical charts. IMO refers to similar systems not meeting the regulations as Electronic Chart Systems (ECSs).
The Marine Electronic Navigation System industry can be broken down into several segments, Vector Chart (ENC), Raster Chart (RNC), Electronic Chart Display and Information Systems (ECDIS), Others, etc.
Across the world, the major players cover Raytheon Anschütz GmbH, Simrad Yachting, B&G Company, Raymarine Marine Electronics, Furuno Electric Co., Ltd, SPOT LLC., KVH Industries, Inc., Icom America Inc., Jeppesen Sanderson, Inc., FLIR Systems, Inc., etc.
Market Analysis and Insights: Global Marine Electronic Navigation System Market
Due to the COVID-19 pandemic, the global Marine Electronic Navigation System market size is estimated to be worth US$ 293.5 million in 2022 and is forecast to a readjusted size of US$ 264.8 million by 2028 with a CAGR of -1.7% during the review period. Fully considering the economic change by this health crisis, Vector Chart (ENC) accounting for % of the Marine Electronic Navigation System global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Defense segment is altered to an % CAGR throughout this forecast period.
Global key players of Marine Electronic Navigation System include B&G Company, Simrad Yachting, RH Marine, Furuno Electric, Raytheon Anschütz, DANELEC MARINE and Northrop Grumman Sperry Marine, etc. Top three players occupy for a share about 43%. Asia-Pacific is the largest market, with a share about 42%, followed by Europe and North America. In terms of product, Vector Chart (ENC) is the largest segment, with a share over 50%, closely followed by Raster Chart (RNC). In terms of application, Commercial is the largest market, with a share over 70%.
In terms of production side, this report researches the Marine Electronic Navigation System 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 Electronic Navigation System by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Marine Electronic Navigation System Scope and Segment
Marine Electronic Navigation System market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Marine Electronic Navigation System 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
Vector Chart (ENC)
Raster Chart (RNC)
Segment by Application
Defense
Commercial
By Company
RH Marine
Furuno Electric
Raytheon Anschütz
DANELEC MARINE
Northrop Grumman Sperry Marine
StormGeo(Nautisk)
Kongsberg Maritime
Raymarine Marine Electronics
Japan Radio
B&G Company
Simrad Yachting
Highlander
Dalian Navtech Information
Xinuo Information Technology
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
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

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