New York, NY -- (SBWIRE) -- 09/26/2017 -- The analysts forecast the global marine electronics market to grow at a CAGR of 4.77% during the period 2017-2021.

Marine electronics are electronic devices that are specifically designed for the marine environment. Each device has its own specific function. The report considers the following marine electronic products: Sonar (sound navigation and ranging) systems, Radars, and GPS tracking devices. The global marine electronics market is segmented based on product and geography. Sonar systems dominated the global marine electronics market in 2016, accounting for a share of 61.19%. It is expected to account for 57.29% of the market by 2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global marine electronics market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of marine electronics.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Marine Electronics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- ATLAS ELEKTRONIK
- FLIR Systems
- FURUNO ELECTRIC
- Garmin
- Johnson Outdoors
- Kongsberg Maritime
- Kraken Sonar
- Navico
- Neptune Sonar
- Northrop Grumman
- Raytheon
- R2Sonic
- Sound Metrics
- Thales Group
- Ultra Electronics

Market driver
- Increase in adoption of GPS systems
- For a full, detailed list, view our report

Market challenge
- Requirement of high R&D investments for sonar modules
- For a full, detailed list, view our report

Market trend
- Growing adoption of UUVs
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

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Table Of Contents – Major Key Points

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
- Market outline

PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis

PART 06: Market segmentation by product
- Market overview
- Global marine electronics market by sonar systems
- Global marine electronics market by radars
- Global marine electronics market by GPS tracking devices

PART 07: Geographical segmentation
- Marine electronics market in Americas
- Marine electronics market in EMEA
- Marine electronics market in APAC

PART 08: Decision framework

PART 09: Drivers and challenges
- Market drivers
- Market challenges

PART 10: Market trends
- Growing adoption of UUVs
- Increasing adoption of sonar systems for search and rescue operations
- Growing use of passive radars
- Developments in SAS technology

PART 11: Vendor landscape
- Competitive scenario
- Key vendors

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