MARINE ELECTRONICS MARKET ANALYSIS

Marine Electronics Market, by End User (Commercial Shipping, Work Boats, Naval, Fishing Vessels, and Recreational Boats), by Display Type (Multi-functional and Instrumental), by System (Control System, Monitoring System, Navigational System, and Communication System), by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Global Marine Electronics Market: Key Developments

In February 2017, Transas, the innovative, digital solutions company partnered with Japan Radio Company (JRC), a leading global marine electronics company to work together in research and development, product distribution and project collaboration.
In March 2018, Wartsila, a global technology group, acquired Transas, an innovative, digital solutions provider. This acquisition is a recognition of Transas’ strong position in the maritime technologies market.
In July 2019, KPM-Marine partnered with marine electronics and safety equipment distributor Pinpoint Electronics to increase the global audience for its product line using Pinpoint’s diverse customer base and expertise in delivering products into shipyards, boat builders, the military and commercial fleets.
In March 2018, Speedcast International Limited, provider of remote communication and IT solutions, partnered with SRH Marine to provide Maritime vessels with Navigation as a Service (NaaS), a simplified electronic distribution of electronic navigational charts and updates. Speedcast NaaS is powered by Speedcast’s SIGMA Gateway platform and SRH Marine’s Pilot.