Global Marine Electronics Supply, Demand and Key Producers, 2026-2032
Description
The global Marine Electronics market size is expected to reach $ 21070 million by 2032, rising at a market growth of 4.5% CAGR during the forecast period (2026-2032).
Marine electronics refers to electronics devices designed and classed for use in the marine environment on board ships and yachts where even small drops of salt water will destroy electronics devices. Therefore, the majority of these types of devices are either water resistant or waterproof.
In this report, marine electronics include GPS & radar systems, fish finders & sonar, marine autopilots, communication equipment, audio & video equipment and others (boat surillance & security, autonomous identification systems)
More than 80% of global trade by volume is carried by sea, and this share continues to rise with globalization and e-commerce.
Ships require modern navigation, communication, and monitoring electronics to ensure safe and efficient voyages.
Increased vessel traffic creates demand for advanced collision avoidance systems, real-time tracking, and integrated bridge systems.
International bodies like the International Maritime Organization (IMO) enforce strict rules under SOLAS (Safety of Life at Sea) and other conventions.
Ships must be equipped with Automatic Identification Systems (AIS), Electronic Chart Display and Information Systems (ECDIS), radar, and distress communication equipment.
Growing focus on passenger safety in cruise liners and crew safety in commercial shipping is accelerating adoption of certified marine electronics.
IMO’s emissions reduction targets (IMO 2020, IMO 2030, and IMO 2050) are pushing vessels toward fuel-efficient navigation and real-time emissions monitoring.
Marine electronics play a role in fuel consumption tracking, route optimization, and integration with energy management systems.
Increased monitoring of ballast water, emissions, and waste management is also boosting demand for specialized sensors and electronic controls.
The shift toward smart ships and autonomous vessels is transforming marine electronics.
Integration of IoT, AI, and cloud-based platforms allows for real-time vessel monitoring, predictive maintenance, and data-driven decision-making.
Marine electronics are increasingly part of integrated bridge systems (IBS) that unify navigation, communication, and automation under one digital interface.
This report studies the global Marine Electronics demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Marine Electronics, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Marine Electronics that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Marine Electronics total market, 2021-2032, (USD Million)
Global Marine Electronics total market by region & country, CAGR, 2021-2032, (USD Million)
U.S. VS China: Marine Electronics total market, key domestic companies, and share, (USD Million)
Global Marine Electronics revenue by player, revenue and market share 2021-2026, (USD Million)
Global Marine Electronics total market by Type, CAGR, 2021-2032, (USD Million)
Global Marine Electronics total market by Application, CAGR, 2021-2032, (USD Million)
This report profiles major players in the global Marine Electronics market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Furuno, Wärtsilä, Garmin, Kongsberg Maritime, Navico, ThyssenKrupp Marine Systems, JRC, Northrop Grumman, FLIR Systems, Thales Group, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world Marine Electronics market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Marine Electronics Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Marine Electronics Market, Segmentation by Type:
GPS & Radar Systems
Fish Finders & Sonar
Marine Autopilots
Communication Equipment
Audio & Video Equipment
Global Marine Electronics Market, Segmentation by Application:
Merchant Marine
Fishing Vessel
Yachts/Recreation
Military
Underwater Drones
Companies Profiled:
Furuno
Wärtsilä
Garmin
Kongsberg Maritime
Navico
ThyssenKrupp Marine Systems
JRC
Northrop Grumman
FLIR Systems
Thales Group
Ultra Electronics
Raytheon Anschütz
ICOM
Johnson Outdoors
Highlander
Kraken Robotics
Neptune Sonar
Key Questions Answered
1. How big is the global Marine Electronics market?
2. What is the demand of the global Marine Electronics market?
3. What is the year over year growth of the global Marine Electronics market?
4. What is the total value of the global Marine Electronics market?
5. Who are the Major Players in the global Marine Electronics market?
6. What are the growth factors driving the market demand?
Marine electronics refers to electronics devices designed and classed for use in the marine environment on board ships and yachts where even small drops of salt water will destroy electronics devices. Therefore, the majority of these types of devices are either water resistant or waterproof.
In this report, marine electronics include GPS & radar systems, fish finders & sonar, marine autopilots, communication equipment, audio & video equipment and others (boat surillance & security, autonomous identification systems)
More than 80% of global trade by volume is carried by sea, and this share continues to rise with globalization and e-commerce.
Ships require modern navigation, communication, and monitoring electronics to ensure safe and efficient voyages.
Increased vessel traffic creates demand for advanced collision avoidance systems, real-time tracking, and integrated bridge systems.
International bodies like the International Maritime Organization (IMO) enforce strict rules under SOLAS (Safety of Life at Sea) and other conventions.
Ships must be equipped with Automatic Identification Systems (AIS), Electronic Chart Display and Information Systems (ECDIS), radar, and distress communication equipment.
Growing focus on passenger safety in cruise liners and crew safety in commercial shipping is accelerating adoption of certified marine electronics.
IMO’s emissions reduction targets (IMO 2020, IMO 2030, and IMO 2050) are pushing vessels toward fuel-efficient navigation and real-time emissions monitoring.
Marine electronics play a role in fuel consumption tracking, route optimization, and integration with energy management systems.
Increased monitoring of ballast water, emissions, and waste management is also boosting demand for specialized sensors and electronic controls.
The shift toward smart ships and autonomous vessels is transforming marine electronics.
Integration of IoT, AI, and cloud-based platforms allows for real-time vessel monitoring, predictive maintenance, and data-driven decision-making.
Marine electronics are increasingly part of integrated bridge systems (IBS) that unify navigation, communication, and automation under one digital interface.
This report studies the global Marine Electronics demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Marine Electronics, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Marine Electronics that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Marine Electronics total market, 2021-2032, (USD Million)
Global Marine Electronics total market by region & country, CAGR, 2021-2032, (USD Million)
U.S. VS China: Marine Electronics total market, key domestic companies, and share, (USD Million)
Global Marine Electronics revenue by player, revenue and market share 2021-2026, (USD Million)
Global Marine Electronics total market by Type, CAGR, 2021-2032, (USD Million)
Global Marine Electronics total market by Application, CAGR, 2021-2032, (USD Million)
This report profiles major players in the global Marine Electronics market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Furuno, Wärtsilä, Garmin, Kongsberg Maritime, Navico, ThyssenKrupp Marine Systems, JRC, Northrop Grumman, FLIR Systems, Thales Group, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world Marine Electronics market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Marine Electronics Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Marine Electronics Market, Segmentation by Type:
GPS & Radar Systems
Fish Finders & Sonar
Marine Autopilots
Communication Equipment
Audio & Video Equipment
Global Marine Electronics Market, Segmentation by Application:
Merchant Marine
Fishing Vessel
Yachts/Recreation
Military
Underwater Drones
Companies Profiled:
Furuno
Wärtsilä
Garmin
Kongsberg Maritime
Navico
ThyssenKrupp Marine Systems
JRC
Northrop Grumman
FLIR Systems
Thales Group
Ultra Electronics
Raytheon Anschütz
ICOM
Johnson Outdoors
Highlander
Kraken Robotics
Neptune Sonar
Key Questions Answered
1. How big is the global Marine Electronics market?
2. What is the demand of the global Marine Electronics market?
3. What is the year over year growth of the global Marine Electronics market?
4. What is the total value of the global Marine Electronics market?
5. Who are the Major Players in the global Marine Electronics market?
6. What are the growth factors driving the market demand?
Table of Contents
148 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Marine Electronics Companies Competitive Analysis
- 4 United States VS China VS Rest of World (by Headquarter Location)
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
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