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Radar is an acronym for "radio detection and ranging." Ship radars are X band or S band radars to provide bearing and distance of ships and land targets in vicinity from own ship (radar scanner) for collision avoidance and navigation at sea. Ship radar is a vital component for safety at sea and near the shore.
Market Analysis and Insights: Global Ship Radar Market
Due to the COVID-19 pandemic, the global Ship Radar market size is estimated to be worth US$ 424.9 million in 2022 and is forecast to a readjusted size of US$ 459.1 million by 2028 with a CAGR of 1.3% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, X-band accounting for % of the Ship Radar global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Yacht/Recreational segment is altered to an % CAGR throughout this forecast period.
Global Ship Radar key players include Furuno, Navico, JRC(Alphatron Marine), Garmin, SAM Electronics, etc. Global top five manufacturers hold a share about 70%.
Japan is the largest market, with a share about 40%, followed by Europe and North America, both have a share over 50 percent.
In terms of product, S-band is the largest segment, with a share over 60%. And in terms of application, the largest application is Yacht/Recreational, followed by Merchant Marine.
Global Ship Radar Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Ship Radar Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
X-band
S-band
Others
Segment by Application
Yacht/Recreational
Merchant Marine
Fishing Vessel
Military Naval
Others
By Company
Furuno
Navico
JRC(Alphatron Marine)
Garmin
SAM Electronics
Transas Marine International
Raymarine
Raytheon
Sperry Marine
TOKIO KEIKI
GEM Elettronica
Rutter Inc
Kelvin Hughes
Koden Electronics
Kongsberg（Kongsberg Maritime）
Production by Region
North America
Europe
Southeast Asia
Japan
China
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
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Market Analysis and Insights: Global Ship Radar Market
Due to the COVID-19 pandemic, the global Ship Radar market size is estimated to be worth US$ 424.9 million in 2022 and is forecast to a readjusted size of US$ 459.1 million by 2028 with a CAGR of 1.3% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, X-band accounting for % of the Ship Radar global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Yacht/Recreational segment is altered to an % CAGR throughout this forecast period.
Global Ship Radar key players include Furuno, Navico, JRC(Alphatron Marine), Garmin, SAM Electronics, etc. Global top five manufacturers hold a share about 70%.
Japan is the largest market, with a share about 40%, followed by Europe and North America, both have a share over 50 percent.
In terms of product, S-band is the largest segment, with a share over 60%. And in terms of application, the largest application is Yacht/Recreational, followed by Merchant Marine.
Global Ship Radar Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Ship Radar Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
X-band
S-band
Others
Segment by Application
Yacht/Recreational
Merchant Marine
Fishing Vessel
Military Naval
Others
By Company
Furuno
Navico
JRC(Alphatron Marine)
Garmin
SAM Electronics
Transas Marine International
Raymarine
Raytheon
Sperry Marine
TOKIO KEIKI
GEM Elettronica
Rutter Inc
Kelvin Hughes
Koden Electronics
Kongsberg（Kongsberg Maritime）
Production by Region
North America
Europe
Southeast Asia
Japan
China
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
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
