Regional Analysis
The global marine navigation system market is estimated to witness 12.42% CAGR during the forecast period, 2018-2024. In 2017, the market was led by North America with 33.10% share, followed by Asia-Pacific and Europe with shares of 27.48% and 25.61%, respectively. Asia-Pacific is the fastest growing region for marine navigation systems market. In Asia-Pacific, the market growth is significantly driven by the major countries, such as China, Japan, India, and Australia, due to the rising number of maritime conflicts in the Indian Ocean and South China Sea. As a result, these countries are developing their naval capabilities. Other developing countries in the region are also investing in the market, to strengthen their marine capabilities. Moreover, the naval defense budgets for countries such as China, India, Japan, South Korea, and Australia have exhibited an increase in the past few years. In addition, it is likely that the countries would spend more on naval upgrade programs, in the next decade. Similarly, in the recent times, the commercial sea-borne applications, including sea-based tourism and fishing, have witnessed an upsurge in the region.

Key Players
Danelec Marine A/S (Denmark), FLIR Systems, Inc. (U.S.), Furuno Electric Co., Ltd. (Japan), Honeywell International Inc. (U.S.), Kongsberg Maritime (Norway), Northrop Grumman Sperry Marine B.V. (Netherlands), Raytheon Anschütz (Germany), Periskal Group (Belgium), Safran Electronics & Defense (France), and Wartsila (Finland) are some of the key players profiled in this report. The marine navigation systems market is dominated by top five players, namely Wartsila, Northrop Grumman Sperry Marine B.V., Raytheon Anschütz, and Kongsberg Maritime, accounting for more than 85% of the global market size.

Objective of the Global Marine Navigation Systems Market Report – Forecast to 2023
• To provide insights into factors influencing the market growth
• To provide historical and forecast revenue of the market segments and sub-segments with respect to regional markets and their key countries
• To provide historical and forecast revenue of the market segments based on type, application, end-user, and region
• To provide strategic profiling of key players in the market, comprehensively analyzing their market share, core competencies, and drawing a competitive landscape for the market

Target Audience
• Manufacturers of Marine Vessels
• Navigation System Equipment OEMs
• Ship and Boat Owners
• Investment Agencies
• Government and Regulatory Authorities
Key Findings
• The global marine navigation systems market in this report has been segmented on the basis of type into three, namely, chart plotter, electronic navigation chart, and others. The electronic navigation chart segment market is projected to register the highest CAGR of 13.18% during the forecast period.
• The global marine navigation systems market has been segmented, by end-user, into defense and commercial. The defense segment market is projected to register the highest CAGR of 12.75% during the forecast period.
• The global marine navigation systems market in this report has been segmented on the basis of application into four, namely, ship, remotely operated underwater vehicle, autonomous underwater vehicle, and boat. The ship segment market is projected to register the highest CAGR of 14.43% during the forecast period.
• North America would dominate the marine navigation systems market by 2023. It is expected to register a CAGR of 12.40% during the forecast period. It is expected to reach a market size of USD 3,159.5 million by 2023.

The regional analysis also includes:
• North America
o U.S.
o Canada
• Asia-Pacific
o China
o Japan
o Australia
o India
o Rest of Asia-Pacific
• Europe
o U.K
o Russia
o France
o Germany
o Rest of Europe
• Latin America
o Brazil
o Mexico
o Rest of Latin America
• Middle East & Africa
o Israel
o UAE
o Saudi Arabia
o Rest of Middle East & Africa

Table of Contents:

1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
2.5 Key Takeaways
2.6 Key Buying Criteria
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Growing emphasis on maritime security and subsequent increase in naval budgets
4.2.2 Surge in international seaborne trade
4.2.3 Rise in coastal and maritime tourism
4.3 Restraint
4.3.1 Vulnerability of electronic navigation systems to cyber attacks
4.4 Opportunities
4.4.1 Upgrade of fishing vessels
4.4.2 Increasing demand for recreational boats
4.5 Trend
4.5.1 Augmented Reality applications in marine navigation systems
5 Market Factor Analysis
5.1 Porter’s Five Forces Model
5.1.1 Threat of New Entrants
5.1.2 Bargaining Power of Suppliers
5.1.3 Bargaining Power of Buyers
5.1.4 Threat of Substitutes
5.1.5 Intensity of Rivalry
5.2 Supply Chain
6 Patent Trends
7 Global Marine Navigation System Market, By Type
7.1 Overview
7.1.1 Chart Plotter
7.1.2 Electronic Navigation Chart
7.1.2.1 Electronic Chart Display and Information System
7.1.2.2 Vector Electronic Navigation Chart
7.1.2.3 Raster Chart Display System
7.1.3 Others
8 Global Marine Navigation System Market, By Application
8.1 Overview
8.1.1 Ship
8.1.2 Remotely Operated Underwater Vehicle
8.1.3 Autonomous Underwater Vehicle
8.1.4 Boat
9 Global Marine Navigation System Market, By End User
9.1 Overview
9.1.1 Defense
9.1.2 Commercial
10 Global Marine Navigation System Market, By Region
10.1 Overview
10.2 North America
10.2.1 U.S.
10.2.1.1 U.S. by Type
10.2.1.2 U.S. by Application
10.2.1.3 U.S. by End User
10.2.2 Canada
10.2.2.1 Canada by Type
10.2.2.2 Canada by Application
10.2.2.3 Canada by End User
10.3 Asia Pacific
10.3.1 China
10.3.1.1 China by Type
10.3.1.2 China by Application
10.3.1.3 China by End User
10.3.2 Japan
10.3.2.1 Japan by Type
10.3.2.2 Japan by Application
10.3.2.3 Japan by End User
10.3.3 Australia
10.3.3.1 Australia by Type
10.3.3.2 Australia by Application
10.3.3.3 Australia by End User
10.3.4 India
10.3.4.1 India by Type
10.3.4.2 India by Application
10.3.4.3 India by End User
10.3.5 Rest of Asia Pacific
10.3.5.1 Rest of Asia Pacific by Type
10.3.5.2 Rest of Asia Pacific by Application
10.3.5.3 Rest of Asia Pacific by End User
10.4 Europe
10.4.1 U.K
10.4.1.1 U.K by Type
10.4.1.2 U.K by Application
10.4.1.3 U.K by End User
10.4.2 Russia
10.4.2.1 Russia by Type
10.4.2.2 Russia by Application
10.4.2.3 Russia by End User
10.4.3 France
10.4.3.1 France by Type
10.4.3.2 France by Application
10.4.3.3 France by End User
10.4.4 Germany
10.4.4.1 Germany by Type
10.4.4.2 Germany by Application
10.4.4.3 Germany by End User
10.4.5 Rest of Europe
10.4.5.1 Rest of Europe by Type
10.4.5.2 Rest of Europe by Application
10.4.5.3 Rest of Europe by End User
10.5 Latin America
10.5.1 Brazil
10.5.1.1 Brazil by Type
10.5.1.2 Brazil by Application
10.5.1.3 Brazil by End User
10.5.2 Mexico
10.5.2.1 Mexico by Type
10.5.2.2 Mexico by Application
10.5.2.3 Mexico by End User
10.5.3 Rest of Latin America
10.5.3.1 Rest of Latin America by Type
10.5.3.2 Rest of Latin America by Application
10.5.3.3 Rest of Latin America by End User
10.6 Middle East & Africa
10.6.1 Israel
10.6.1.1 Israel by Type
10.6.1.2 Israel by Application
10.6.1.3 Israel by End User
10.6.2 UAE
10.6.2.1 UAE by Type
10.6.2.2 UAE by Application
10.6.2.3 UAE by End User
10.6.3 Saudi Arabia
10.6.3.1 Saudi Arabia by Type
10.6.3.2 Saudi Arabia by Application
10.6.3.3 Saudi Arabia by End User
10.6.4 Rest of Middle East & Africa
10.6.4.1 Rest of Middle East & Africa by Type
10.6.4.2 Rest of Middle East & Africa by Application
10.6.4.3 Rest of Middle East & Africa by End User
11 Competitive Landscape
11.1 Competitive Scenario
11.2 Market Share Analysis
11.3 Competitive Benchmarking
12 Company Profile
12.1 Danelec Marine A/S
12.1.1 Company Overview
12.1.2 Financial Overview
12.1.3 Product Offerings
12.1.4 Key Developments
12.1.5 SWOT Analysis
12.1.6 Key Strategy
12.2 FLIR Systems, Inc.
12.2.1 Company Overview
12.2.2 Financial Overview
12.2.3 Products Offerings
12.2.4 Key Developments
12.2.5 SWOT Analysis
12.2.6 Key Strategy
12.3 FURUNO Electric Co. Ltd
12.3.1 Company Overview
12.3.2 Financial Overview
12.3.3 Products Offerings
12.3.4 Key Developments
12.3.5 SWOT Analysis
12.3.6 Key Strategy
12.4 Honeywell International Inc.
12.4.1 Company Overview
12.4.2 Financial Overview
12.4.3 Products Offerings
12.4.4 Key Developments
12.4.5 SWOT Analysis
12.4.6 Key Strategy
12.5 Kongsberg Maritime
12.5.1 Company Overview
12.5.2 Financial Overview
12.5.3 Products Offerings
12.5.4 Key Developments
12.5.5 SWOT Analysis
12.5.6 Key Strategy
12.6 Northrop Grumman Sperry Marine B.V.
12.6.1 Company Overview
12.6.2 Financial Overview
12.6.3 Products Offerings
12.6.4 Key Developments
12.6.5 SWOT Analysis
12.6.6 Key Strategy
12.7 Periskal Group
12.7.1 Company Overview
12.7.2 Financial Overview
12.7.3 Products Offerings
12.7.4 Key Developments
12.7.5 SWOT Analysis
12.7.6 Key Strategy
12.8 Raytheon Anschütz
12.8.1 Company Overview
12.8.2 Financial Overview
12.8.3 Product Offerings
12.8.4 Key Developments
12.8.5 SWOT Analysis
12.8.6 Key Strategy
12.9 Safran Electronics & Defense
12.9.1 Company Overview
12.9.2 Financial Overview
12.9.3 Products Offerings
12.9.4 Key Developments
12.9.5 SWOT Analysis
12.9.6 Key Strategy
12.10 Wartsila
12.10.1 Company Overview
12.10.2 Financial Overview
12.10.3 Products Offerings
12.10.4 Key Developments
12.10.5 SWOT Analysis
12.10.6 Key Strategy
13 Conclusion
14 Appendix
14.1 References

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