Marine Communication Market - Global Industry Analysis

Marine Communication Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Technology & Media Report Format : PDF Report Code: ZMR-6163 Status : Upcoming

Description

Global Marine Communication Market: Overview

Marine communication helps in facilitating high-quality, reliable, and secure communication between the ships and shores. Moreover, marine communication plays a vital role in providing enhanced terrestrial communication networks for better operational agility.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Marine Communication Market: Growth Factors

Maritime telecommunication tools have emerged as standard equipment for short and long-term voyaging. Reliable and efficient communication is an indispensable element in marine transport including commercial fishing, mega recreational boating, or any other naval transportation. Marine communication was possible in the offshore areas with cellular services only and that too within a limited range. However, a satellite network communication system is now utilized to mitigate the communication issues and provide a competitive advantage over traditional and fragile land-based communications. Initially, a satellite network was adopted for facilitating communication from ship to shore and to another vessel. But now the scope of satellite communication has widened and they are transformed from voice calls to advance additional data services like monitoring devices, tracking, and entertainment. However, these equipment diversify due to the growing applications like weather forecasting, voice calls, disaster management, DTH broadcasting, and several other navigational services. Router, antenna, transceiver, transmitter, receiver, and satellite phones are some of the important communication equipment installed in marine vessels. However, it is also used in meteorological monitoring and air & marine navigation. The growing technological advancements in the field of marine communication system are boosting the growth of the global marine communication market significantly. The constant research and development activities are transforming the whole setup into a minimal system by reducing the size of the antenna along with boosting the rate of data transfer to eliminate the time lag issues. Such emerging scenarios are likely to positively shape the trajectory of the global marine communication market during the forecast period. Marine communication is highly adopted in naval defense forces to assist in aerial monitoring, navigational requirement, and sending & receiving distress calls. The emergence of the 5G network in marine communication has significantly boosted the growth of the global marine communication market due to the enhanced cybersecurity and robust connectivity facilitated by it. Moreover, the growing support from the government to strengthen the marine communication network all across the globe will significantly propel the growth of the global marine communication market during the forecast period.

Global Marine Communication Market: Segmentation

The global marine communication market can be segmented into application, service, product, and region.

By application, the market can be segmented into working vessels, recreational vessels, merchant ships, fishing boats, and others.

By service, the market can be segmented into after-sales support & maintenance services, integration & installation services, and consulting services.

By product, the market can be segmented into maritime sat phone & internet devices, VHF data exchange system, marine radar, vessel monitoring system terminals, automatic identification system, marine multifunction displays, and marine radio devices. The marine radio devices segment accounts for the largest share in the global marine communication market due to the high adoption rate of recreational boating services all across the globe.

Global Marine Communication Market: Regional analysis

North America accounts for the largest share in the global marine communication market owing to the continuous development and advancements made in the field of satellite communication. Moreover, the growing demand for enriched content from passengers, crew, and seafarers to facilitate effective marine communication is boosting the growth of the regional market.

Asia Pacific is expected to foresee huge growth during the forecast period due to the growing support from the government for developing advanced marine communication in the region.

Global Marine Communication Market: Competitive Players

Some of the significant players in the global marine communication market are Matsutec, HZH Marine Group Co., Ltd., Avatec Marine, Bochi Corporation, Intellian Technologies, Jotron, Navico, Cobham SATCOM, FLIR Systems, Inc., Garmin Ltd., Furuno Electric Co., Ltd., Inmarsat, and Icom Inc.

Global Marine Communication Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Table Of Content

Choose License Type

Request the coronavirus impact analysis across industries and markets

FrequentlyAsked Questions

Maritime telecommunication tools have emerged as standard equipment for short and long-term voyaging. Reliable and efficient communication is an indispensable element in marine transport including commercial fishing, mega recreational boating, or any other naval transportation. Marine communication was possible in the offshore areas with cellular services only and that too within a limited range.

Some of the significant players in the global marine communication market are Matsutec, HZH Marine Group Co., Ltd., Avatec Marine, Bochi Corporation, Intellian Technologies, Jotron, Navico, Cobham SATCOM, FLIR Systems, Inc., Garmin Ltd., Furuno Electric Co., Ltd., Inmarsat, and Icom Inc.

North America accounts for the largest share in the global marine communication market owing to the continuous development and advancements made in the field of satellite communication. Moreover, the growing demand for enriched content from passengers, crew, and seafarers to facilitate effective marine communication is boosting the growth of the regional market.

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (844) 845-5245
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #

US OFFICE NO +1 (844) 845-5245
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • paypal
  • amazon
  • visa
  • master card

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed