According to Market Study Report, Integrated Bridge Systems Market provides a comprehensive analysis of the Integrated Bridge Systems Market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the Integrated Bridge Systems Market.
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The Integrated Bridge Systems Market size is projected to grow from US$ 7.0 Billion in 2019 to US$ 8.8 Billion by 2025, at a CAGR of 3.9% from 2019 to 2025. This report spread across 180 Pages, Profiling 20 Companies and Supported with 139 Tables and 40 figures is now available in this research.
Top Companies profiled in the Integrated Bridge Systems Market:
- Raytheon Company (US)
- Northrop Grumman Corporation (US)
- Wärtsilä (Finland)
- Kongsberg (Norway)
- Furuno Electric Co. Ltd (Japan)
“By ship type, the commercial segment is estimated to account for a larger share of the overall market in 2019”
Commercial ships are vessels used to carry out commercial trade or transport passengers. They are classified based on their functions. For instance, the dry cargo vessel type consists of ships carrying general dry cargo, containerized cargo, wheeled cargo (RO – RO), and bulk cargo, whereas liquid vessels or tankers transport liquefied natural gas (LNG), crude oil and its products, and chemicals worldwide.
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“By component, the hardware segment is estimated to account for a larger share of the overall market in 2019“
Displays, control units, and data storage devices are some of the major hardware of the integrated bridge system. A display is an output device that presents information gathered from different sources. A data storage device is used to store, port, and extract data in a quicker and more efficient way.
“Asia Pacific is estimated to be the largest market for integrated bridge systems in 2019”
The geographic analysis of this region includes China, South Korea, Japan, the Philippines, Singapore, and the Rest of APAC. According to the United Nations Conference on Trade and Development, in 2018, almost 39.1% of loaded and 53.8% unloaded seaborne trade took place in Asia.
Competitive Landscape of Integrated Bridge Systems Market:
2 Competitive Leadership Mapping
2.1 Visionary Leaders
2.3 Dynamic Differentiators
2.4 Emerging Companies
3 Ranking of Key Players, 2018
3.1 Winning Imperatives, By Key Players
3.1.3 Raytheon Company
3.1.4 Northrop Grumman Corporation
3.1.5 Furuno Electric Co. LTD.
4 Competitive Scenario
4.1 New Product Launches
4.2 Other Strategies
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