NEW YORK, May 29, 2020 /PRNewswire/ --
Global Marine Electronics Market 2020-2024
The analyst has been monitoring the marine electronics market and
it is poised to grow by $ 927.70 mn
during 2020-2024 progressing at a CAGR of 3% during the forecast
period. Our reports on marine electronics market provides a
holistic analysis, market size and forecast, trends, growth
drivers, and challenges, as well as vendor analysis covering around
25 vendors.
Read the full report:
https://www.reportlinker.com/p05090689/?utm_source=PRN
The report offers an up-to-date analysis regarding the current
global market scenario, latest trends and drivers, and the overall
market environment. The market is driven by the rise in seaborne
trade, growing focus on improving marine transportation safety and
increase in adoption of GPS systems. In addition, the rise in
seaborne trade is anticipated to boost the growth of the market as
well.
The marine electronics market analysis includes product segment
and geographic landscapes
The marine electronics market is segmented as
below:
By Product
• Sonar systems
• Radars
• GPS tracking devices
By Geographic Landscapes
• North America
• APAC
• Europe
• MEA
• South America
This study identifies the developments in SAS technology as one
of the prime reasons driving the marine electronics market growth
during the next few years. Also, growing use of passive radars and
increasing deployment of UUVs will lead to sizable demand in the
market.
"The analyst presents a detailed picture of the market by the way
of study, synthesis, and summation of data from multiple sources by
an analysis of key parameters. Our marine electronics market covers
the following areas:
• Marine electronics market sizing
• Marine electronics market forecast
• Marine electronics market industry analysis"
Read the full report:
https://www.reportlinker.com/p05090689/?utm_source=PRN
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