The report "Integrated Bridge
Systems Market by Platform
(Commercial Ships, Naval Warships), Component (Small Ship IBS, Medium Ship IBS,
Large Ship IBS), Size (Small Ships, Medium Ships, Large Ships), Module,
Software Providers, Region - Global Forecast to 2021", The Integrated Bridge Systems(IBS) market is
estimated to be valued at USD 5.08 Billion in 2016 and is projected to reach
USD 5.60 Billion by 2021, at a CAGR of 1.97% from 2016 to 2021.
Browse 70 market data tables and 66 figures
spread through 155 pages and in-depth TOC on “Integrated Bridge Systems Market - Global
Forecast to 2021"
Download PDF Brochure:
This market is driven by factors such as, the increasing trend in
world trade by sea, increasing maritime navigation safety resulting in a
reduction in the number of accidents, and growing maritime tourism.
The commercial ships segment is estimated to
have the largest market share in the platform market segment.
On the basis of platform, the integrated bridge systems market has
been segmented into commercial ships, and naval warships. The commercial
ships segment accounts for the largest market share of the integrated bridge
systems market. Since seaborne trade is increasing around the world, it is
expected to lead to an increase in demand for commercial ships or vessels.
The large size ships segment accounts for the
largest market share in the size segment of the integrated bridge systems
market
The integrated bridge systems market on the basis of size is
segmented into, small size, medium size, and large size ships. The large size
ship segment is estimated to have the largest market share in the integrated
bridge systems market on the basis of ship size. This is due to the increasing
demand for large ships and large container ships in the world, which are capable
of carrying a huge volume of cargo in a single trip. Large ships are a
convenient option as it is viable and economical to carry goods in bulk.
The integrated bridge systems market in
Asia-Pacific is expected to grow at the highest rate
The integrated bridge systems market is divided into four
geographic areas namely, North America, Europe, Asia-Pacific, and the Rest of
the World (RoW). The integrated bridge systems market is led by the
Asia-Pacific region, predominantly by China. The shipbuilding industry within
the Asia-Pacific region is on the rise, and the key players in the region, such
as Korea, China, and Japan are making advances in their technological
competencies so as to capture a greater market share of the commercial maritime
industry.
The key players profiled in the integrated bridge systems market
report include, Northrop Grumman Sperry Marine (U.K.), Raytheon Anschutz
(Germany), FURUNO Electric Shokai Ltd. (Japan), Transas (Ireland), and L-3
Communications Mapps Inc. (Canada), among others.
Comments
Post a Comment