An Marine Electronic Navigation System, is also know as Electronic Chart Display and Information System (ECDIS). (is a geographic information system used for nautical navigation that complies with International Maritime Organization (IMO) regulations as an alternative to paper nautical charts. IMO refers to similar systems not meeting the regulations as Electronic Chart Systems (ECSs).
The Marine Electronic Navigation System industry can be broken down into several segments, Vector Chart (ENC), Raster Chart (RNC), Electronic Chart Display and Information Systems (ECDIS), Others, etc.
Across the world, the major players cover Raytheon Anschütz GmbH, Simrad Yachting, B&G Company, Raymarine Marine Electronics, Furuno Electric Co., Ltd, SPOT LLC., KVH Industries, Inc., Icom America Inc., Jeppesen Sanderson, Inc., FLIR Systems, Inc., etc.
According to the new market research report “Global Marine Electronic Navigation System Market Report 2023-2029”, published by QYResearch, the global Marine Electronic Navigation System market size is projected to reach USD 0.26 billion by 2029, at a CAGR of -2.1% during the forecast period.
Figure. Global Marine Electronic Navigation System Market Size (US$ Million), 2018-2029
Based on or includes research from QYResearch: Global Marine Electronic Navigation System Market Report 2023-2029.
Figure. Global Marine Electronic Navigation System Top 14 Players Ranking and Market Share（Based on data of 2021, Continually updated）
Based on or includes research from QYResearch: 2021 data information of Global Marine Electronic Navigation System Market Report 2023-2029.
The global key manufacturers of Marine Electronic Navigation System include RH Marine, Furuno Electric, Raytheon Anschütz, DANELEC MARINE, Northrop Grumman Sperry Marine, Kongsberg Maritime, StormGeo(Nautisk), Japan Radio, Raymarine Marine Electronics, Highlander, etc. In 2021, the global top five players had a share approximately 61.0% in terms of revenue.
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