Marine Electronics Market by Component, Product, and Geography - Forecast and Analysis 2023-2027
| Published: Dec 2022 | Pages: 167 | SKU: IRTNTR43782 |
Marine Electronics Market Forecast 2023-2027
The marine electronics market is estimated to grow by USD 1,765.93 million at a CAGR of 5.64% between 2022 and 2027. The growth of the market depends on several factors, including the increase in the adoption of GPS trackers, the growing focus on improving marine transportation safety, and the rise in seaborne trade.
It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
What will be the size of the Marine Electronics Market During the Forecast Period?
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Market: Key Drivers, Trends, Challenges, and Customer Landscape
The increase in the adoption of GPS trackers is notably driving the market growth, although factors such as the high cost associated with sonar may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Market Driver
The increase in the adoption of GPS systems is notably driving the market. There is an increase in the adoption of GPS trackers as they determine the position of ships and facilitate immediate rescue operations in emergency situations. GPS trackers connect multiple devices and provide accurate details and information.
GPS trackers based on satellite transmission are very authentic and efficient. They help determine the position and location of ships. With the help of GPS trackers, marine vessels know which route to take and which directions to avoid. Marine vessels also use other ship tracking with GPS functionality. A ship tracking system consists of a collection of devices that help naval and naval vessels identify, track, and trace the position, location, and other details of ships. This information is useful for guiding and stabilizing ship routes and courses.
Significant Market Trend
The growing use of passive radars is an emerging trend in the market. Passive radar should become a complement to conventional active radar in the coming years. Passive radar cannot be jammed because they do not emit waves. They are deployed at remote locations to track low-flying objects and are essential in military operations.
Focusing more on the development of covert military platforms, countries around the world have demanded the development of surveys. As a result, there have been some initiatives and investments in the market to develop passive radar systems in the marine industry. In addition to defense and maritime operations, they are used in commercial applications. Such factors will drive market growth during the forecast period.
Major Market Challenge
The high cost associated with sonar systems is a major challenge impeding the market. Sonar systems are divided into two segments, commercial and defense. Commercial sonar is mainly used by private individuals for fishing, treasure hunting, and seabed exploration. These sonar systems cost between USD100 and USD1,000 and do not require large investments in R&D
On the other hand, sonar systems used in defense applications have much higher average selling prices and require large investments in R&D, which hinders the development of sonar modules. This is because manufacturers of sonar systems must adapt these devices to the needs of their customers. Furthermore, vendors must also constantly update sonar equipment with the latest technology to ensure acoustic superiority at a reasonable price. Therefore, factors like these will hinder the market.
Key Market Customer Landscape
The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Market Customer Landscape
Who are the Major Marine Electronics Market Companies?
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Icom America Inc. - The company offers communications equipment and radars.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
- Adrie Marine Electronics Solutions Pvt. Ltd.
- Elcome International LLC
- Furuno Electric Co. Ltd.
- Garmin Ltd
- Japan Radio Co. Ltd.
- Johnson Outdoors Inc.
- Kongsberg Gruppen ASA
- Kraken Robotics Inc.
- Marine Electronics
- Navico
- Neptune Sonar Ltd.
- Northrop Grumman Corp.
- R2SONIC Inc.
- Raytheon Technologies Corp.
- Sound Metrics Corp.
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
What is the Fastest-Growing Segment in the Market?
The market share growth by the hardware segment will be significant during the forecast period. Hardware such as Marine electrical screeners, fish finders/SONAR modules, thermal and visible cameras, marine very high frequency (VHF) communication devices, audio/video equipment, marine autopilots, autonomous identification, analog and digital communication displays, and satellite TVs consider the hardware of the marine electronic ecosystem.
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The hardware segment was valued at USD 2,691.85 million in 2017 and continued to grow until 2021. The market segment is growing as a result of the armed forces' increasing naval footprint, which is brought on by the purchase of new ships and submarines as well as upgrading programs for existing naval vessels. Furthermore, the market's growth is attributed to an increase in marine trade as well as oil and gas development, dredging, and fishing activities. The countries that rely on conventional fish finders are expected to significantly increase their demand for improved sonar devices during the projected period. In the near future, it is anticipated that technological advancements will encourage nations to purchase cutting-edge sonar devices for their naval fleets. These factors are expected to drive the growth of the hardware component segment of the market during the forecasted period.
Which are the Key Regions for the Market?
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North America is estimated to contribute 43% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
North America has the presence of established manufacturers and increased defense spending by respective governments. The US is the highest spender in submarines and associated components globally. The US Navy has spent significantly on sonar devices to counter unseen threats in the ocean. Thus, the increasing demand from the US for research and defense-related purposes aids the growth of the market in North America.
Canada is also a crucial adopter of ships and their components, such as electronic products, as it has one of the longest coastal lines in the world. The increasing number of illegal maritime activities in the ocean surrounding Canada has resulted in the Royal Canadian Navy engaging in monitoring and surveillance activities.
Segment Overview
The market research report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by Component (Hardware and Software), Product (Sonar systems, Radars, and GPS tracking devices), and Geography (North America, APAC, Europe, South America, and Middle East and Africa).
- Component Outlook (USD Million, 2017 - 2027)
- Hardware
- Software
- Product Outlook (USD Million, 2017 - 2027)
- Sonar systems
- Radars
- GPS tracking devices
- Region Outlook (USD Million, 2017 - 2027)
- North America
- The U.S.
- Canada
- Europe
- The U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- South America
- Chile
- Brazil
- Argentina
- North America
Market Analyst Overview
The Market is experiencing significant growth driven by advancements in technology such as Automatic Identification System (AIS), Marine GPS trackers, and Chartplotters. These technologies enhance navigation accuracy and safety, leading to increased adoption in merchant marine applications and anti-submarine warfare devices.
The market is witnessing a surge in demand for Marine VHF Radios, Marine Infrared, and Marine Engine Management systems, further fueled by the integration of IoT and Augmented Reality. The use of Unmanned Underwater Vehicles is also on the rise, requiring sophisticated control and navigation.
Top suppliers in this market focus on providing high-quality hardware components for digital navigation and multi-function navigation trackers. Market projections indicate continued growth, driven by ongoing technological developments and the increasing importance of digital navigation in the maritime industry.
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Marine Electronics Market Scope |
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Report Coverage |
Details |
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Page number |
167 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.64% |
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Market growth 2023-2027 |
USD 1,765.93 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
4.38 |
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Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
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Performing market contribution |
North America at 43% |
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Key countries |
US, Canada, China, Japan, and Germany |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Adrie Marine Electronics Solutions Pvt. Ltd., Elcome International LLC, Furuno Electric Co. Ltd., Garmin Ltd, Icom America Inc., Japan Radio Co. Ltd., Johnson Outdoors Inc., Kongsberg Gruppen ASA, Kraken Robotics Inc., Marine Electronics, Navico, Neptune Sonar Ltd., Northrop Grumman Corp., R2SONIC Inc., Raytheon Technologies Corp., Sound Metrics Corp., SRT Marine Systems Plc, Teledyne Technologies Inc., thyssenkrupp AG, and Ultra Electronics Holdings Plc |
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Market dynamics |
Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Market Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
- Precise estimation of the size of the market size and its contribution to the parent market
- Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
- Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
- Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
- Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies
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1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Component
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global marine electronics market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global marine electronics market 2017 - 2021 ($ million)
- 4.2 Component Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Component Segment 2017 - 2021 ($ million)
- 4.3 Product Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Component
- 6.1 Market segments
- Exhibit 30: Chart on Component - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Component - Market share 2022-2027 (%)
- 6.2 Comparison by Component
- Exhibit 32: Chart on Comparison by Component
- Exhibit 33: Data Table on Comparison by Component
- 6.3 Hardware - Market size and forecast 2022-2027
- Exhibit 34: Chart on Hardware - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Hardware - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Hardware - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Hardware - Year-over-year growth 2022-2027 (%)
- 6.4 Software - Market size and forecast 2022-2027
- Exhibit 38: Chart on Software - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Software - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Software - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Software - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Component
- Exhibit 42: Market opportunity by Component ($ million)
7 Market Segmentation by Product
- 7.1 Market segments
- Exhibit 43: Chart on Product - Market share 2022-2027 (%)
- Exhibit 44: Data Table on Product - Market share 2022-2027 (%)
- 7.2 Comparison by Product
- Exhibit 45: Chart on Comparison by Product
- Exhibit 46: Data Table on Comparison by Product
- 7.3 Sonar systems - Market size and forecast 2022-2027
- Exhibit 47: Chart on Sonar systems - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Data Table on Sonar systems - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Chart on Sonar systems - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on Sonar systems - Year-over-year growth 2022-2027 (%)
- 7.4 Radars - Market size and forecast 2022-2027
- Exhibit 51: Chart on Radars - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Data Table on Radars - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Chart on Radars - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Radars - Year-over-year growth 2022-2027 (%)
- 7.5 GPS tracking devices - Market size and forecast 2022-2027
- Exhibit 55: Chart on GPS tracking devices - Market size and forecast 2022-2027 ($ million)
- Exhibit 56: Data Table on GPS tracking devices - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Chart on GPS tracking devices - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on GPS tracking devices - Year-over-year growth 2022-2027 (%)
- 7.6 Market opportunity by Product
- Exhibit 59: Market opportunity by Product ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 61: Chart on Market share by geography 2022-2027 (%)
- Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 63: Chart on Geographic comparison
- Exhibit 64: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 APAC - Market size and forecast 2022-2027
- Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.5 Europe - Market size and forecast 2022-2027
- Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 China - Market size and forecast 2022-2027
- Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.10 Canada - Market size and forecast 2022-2027
- Exhibit 93: Chart on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 95: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on Canada - Year-over-year growth 2022-2027 (%)
- 9.11 Germany - Market size and forecast 2022-2027
- Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.12 Japan - Market size and forecast 2022-2027
- Exhibit 101: Chart on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 103: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 105: Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 106: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 108: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 109: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 110: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 111: Matrix on vendor position and classification
- 12.3 Elcome International LLC
- Exhibit 112: Elcome International LLC - Overview
- Exhibit 113: Elcome International LLC - Product / Service
- Exhibit 114: Elcome International LLC - Key offerings
- 12.4 Furuno Electric Co. Ltd.
- Exhibit 115: Furuno Electric Co. Ltd. - Overview
- Exhibit 116: Furuno Electric Co. Ltd. - Business segments
- Exhibit 117: Furuno Electric Co. Ltd. - Key news
- Exhibit 118: Furuno Electric Co. Ltd. - Key offerings
- Exhibit 119: Furuno Electric Co. Ltd. - Segment focus
- 12.5 Garmin Ltd
- Exhibit 120: Garmin Ltd - Overview
- Exhibit 121: Garmin Ltd - Business segments
- Exhibit 122: Garmin Ltd - Key offerings
- Exhibit 123: Garmin Ltd - Segment focus
- 12.6 Icom America Inc.
- Exhibit 124: Icom America Inc. - Overview
- Exhibit 125: Icom America Inc. - Product / Service
- Exhibit 126: Icom America Inc. - Key offerings
- 12.7 Japan Radio Co. Ltd.
- Exhibit 127: Japan Radio Co. Ltd. - Overview
- Exhibit 128: Japan Radio Co. Ltd. - Product / Service
- Exhibit 129: Japan Radio Co. Ltd. - Key offerings
- 12.8 Johnson Outdoors Inc.
- Exhibit 130: Johnson Outdoors Inc. - Overview
- Exhibit 131: Johnson Outdoors Inc. - Business segments
- Exhibit 132: Johnson Outdoors Inc. - Key offerings
- Exhibit 133: Johnson Outdoors Inc. - Segment focus
- 12.9 Kongsberg Gruppen ASA
- Exhibit 134: Kongsberg Gruppen ASA - Overview
- Exhibit 135: Kongsberg Gruppen ASA - Business segments
- Exhibit 136: Kongsberg Gruppen ASA - Key news
- Exhibit 137: Kongsberg Gruppen ASA - Key offerings
- Exhibit 138: Kongsberg Gruppen ASA - Segment focus
- 12.10 Kraken Robotics Inc.
- Exhibit 139: Kraken Robotics Inc. - Overview
- Exhibit 140: Kraken Robotics Inc. - Product / Service
- Exhibit 141: Kraken Robotics Inc. - Key offerings
- 12.11 Navico
- Exhibit 142: Navico - Overview
- Exhibit 143: Navico - Product / Service
- Exhibit 144: Navico - Key offerings
- 12.12 Neptune Sonar Ltd.
- Exhibit 145: Neptune Sonar Ltd. - Overview
- Exhibit 146: Neptune Sonar Ltd. - Product / Service
- Exhibit 147: Neptune Sonar Ltd. - Key offerings
- 12.13 Northrop Grumman Corp.
- Exhibit 148: Northrop Grumman Corp. - Overview
- Exhibit 149: Northrop Grumman Corp. - Business segments
- Exhibit 150: Northrop Grumman Corp. - Key news
- Exhibit 151: Northrop Grumman Corp. - Key offerings
- Exhibit 152: Northrop Grumman Corp. - Segment focus
- 12.14 Raytheon Technologies Corp.
- Exhibit 153: Raytheon Technologies Corp. - Overview
- Exhibit 154: Raytheon Technologies Corp. - Product / Service
- Exhibit 155: Raytheon Technologies Corp. - Key offerings
- 12.15 Teledyne Technologies Inc.
- Exhibit 156: Teledyne Technologies Inc. - Overview
- Exhibit 157: Teledyne Technologies Inc. - Business segments
- Exhibit 158: Teledyne Technologies Inc. - Key news
- Exhibit 159: Teledyne Technologies Inc. - Key offerings
- Exhibit 160: Teledyne Technologies Inc. - Segment focus
- 12.16 thyssenkrupp AG
- Exhibit 161: thyssenkrupp AG - Overview
- Exhibit 162: thyssenkrupp AG - Business segments
- Exhibit 163: thyssenkrupp AG - Key news
- Exhibit 164: thyssenkrupp AG - Key offerings
- Exhibit 165: thyssenkrupp AG - Segment focus
- 12.17 Ultra Electronics Holdings Plc
- Exhibit 166: Ultra Electronics Holdings Plc - Overview
- Exhibit 167: Ultra Electronics Holdings Plc - Business segments
- Exhibit 168: Ultra Electronics Holdings Plc - Key offerings
- Exhibit 169: Ultra Electronics Holdings Plc - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 170: Inclusions checklist
- Exhibit 171: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 172: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 173: Research methodology
- Exhibit 174: Validation techniques employed for market sizing
- Exhibit 175: Information sources
- 13.5 List of abbreviations
- Exhibit 176: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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marine electronics market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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