Market Overview:
The global integrated bridge systems market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for advanced maritime navigation and communication systems, especially from the commercial shipping sector. Additionally, the increasing focus on maritime security and safety is also contributing to the growth of this market. The global integrated bridge systems market can be segmented on the basis of type into small ships, medium ships, and large ships. The small ship segment is expected to account for a major share of the global integrated bridge systems market during the forecast period owing to its high adoption rate in various applications such as fishing boats, yachts, passenger ferries etc. On the basis of application,the global integrated bridge systemsmarket can be divided into commercial shipping and naval warships segments.
Product Definition:
Integrated Bridge Systems are the systems that combine all the essential elements of a ship's navigation and communication equipment into one unit. The importance of Integrated Bridge Systems is that it allows for centralized control of all the navigation and communication functions on a ship. This provides enhanced safety and efficiency for maritime operations.
Small Ships:
Small ships are vessels with a dead load capacity of up to 1,000 tons. They can be used for transportation of goods and passengers in coastal and inland waterways.
Medium Ships:
The global medium ships and it's usage in integrated bridge systems market size was valued at USD 6.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Application Insights:
The commercial ships segment dominated the global integrated bridge systems market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for cruise services across the globe. Cruise industry has witnessed significant growth over past few years owing to growing travel preferences among consumers from emerging economies such as China, India and Brazil. Moreover, introduction of technologically advanced ships by various ship owners is expected to boost demand further over next seven years. For instance, MSC Cruises launched a brand new luxury cruise ship called MSC Divina which is equipped with innovative features including Virtual Reality (VR) simulator and 4D cinema that will enable passengers have an experience like never before while on a cruise vacation.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing region over the forecast period. The growth can be attributed to rising maritime trade activities across emerging economies, such as China and India. In addition, increasing military expenditure by countries like China and India are expected to boost shipbuilding activities in this region, which will further propel demand for integrated bridge systems in commercial ships and naval warships applications.
Europe accounted for a significant share of global revenue in 2017 owing to high demand from countries including Germany, France Italy Russia Spain U.K., etc., which are engaged heavily with marine transportation services across the globe. North America market is also projected to witness considerable growth over the coming years on account of growing emphasis on reducing fuel consumption coupled with stringent emission norms set by regulatory bodies like EPA (U.S.) DOT (U S) IMO (WTO).
Growth Factors:
- Increasing demand for maritime transportation: The global Integrated Bridge Systems market is expected to grow at a CAGR of over 5% during the forecast period. This can be attributed to the increasing demand for maritime transportation, as it is considered more efficient and economical than other modes of transportation such as road and rail.
- Proliferation of cruise ships: The proliferation of cruise ships is another major factor that is expected to drive the growth of the Integrated Bridge Systems market during the forecast period. Cruise ships are increasingly becoming popular among tourists due to their luxurious amenities and diverse range of destinations. As a result, shipbuilders are investing in new vessels, which is likely to create opportunities for players in the Integrated Bridge Systems market.
- Development of smart ports: The development of smart ports is another key trend that will fuel growth in the global Integrated Bridge Systems market during the forecast period. Smart ports are equipped with advanced technologies that help improve operational efficiency and safety while reducing environmental impact.. This is likely to create opportunities for players operating in this market space..
Scope Of The Report
Report Attributes
Report Details
Report Title
Integrated Bridge Systems Market Research Report
By Type
Small Ships, Medium Ships, Large Ships
By Application
Commercial Ships, Naval Warships
By Companies
Northrop Grumman Sperry Marine (U.K.), Raytheon Anschütz (Germany), Rolls Royce (U.K.), L-3 Communications Mapps (Canada), FURUNO Electric Shokai (Japan)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Integrated Bridge Systems Market Report Segments:
The global Integrated Bridge Systems market is segmented on the basis of:
Types
Small Ships, Medium Ships, Large Ships
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Ships, Naval Warships
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Northrop Grumman Sperry Marine (U.K.)
- Raytheon Anschütz (Germany)
- Rolls Royce (U.K.)
- L-3 Communications Mapps (Canada)
- FURUNO Electric Shokai (Japan)
Highlights of The Integrated Bridge Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Small Ships
- Medium Ships
- Large Ships
- By Application:
- Commercial Ships
- Naval Warships
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Integrated Bridge Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Integrated Bridge Systems (IBS) is a global technology company that provides innovative and sustainable solutions for the transportation infrastructure. IBS’s products include intelligent traffic management systems, real-time information systems, and advanced safety technologies. IBS’s products help improve traffic flow, reduce congestion, and protect people and property on bridges worldwide.
Some of the major companies in the integrated bridge systems market are Northrop Grumman Sperry Marine (U.K.), Raytheon AnschƒÂ¼tz (Germany), Rolls Royce (U.K.), L-3 Communications Mapps (Canada), FURUNO Electric Shokai (Japan).
The integrated bridge systems market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Integrated Bridge Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Integrated Bridge Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Integrated Bridge Systems Market - Supply Chain
4.5. Global Integrated Bridge Systems Market Forecast
4.5.1. Integrated Bridge Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Integrated Bridge Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Integrated Bridge Systems Market Absolute $ Opportunity
5. Global Integrated Bridge Systems Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Integrated Bridge Systems Market Size and Volume Forecast by Type
5.3.1. Small Ships
5.3.2. Medium Ships
5.3.3. Large Ships
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Integrated Bridge Systems Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Integrated Bridge Systems Market Size and Volume Forecast by Application
6.3.1. Commercial Ships
6.3.2. Naval Warships
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Integrated Bridge Systems Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Integrated Bridge Systems Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Integrated Bridge Systems Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Integrated Bridge Systems Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Integrated Bridge Systems Demand Share Forecast, 2019-2026
9. North America Integrated Bridge Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Integrated Bridge Systems Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Integrated Bridge Systems Market Size and Volume Forecast by Application
9.4.1. Commercial Ships
9.4.2. Naval Warships
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Integrated Bridge Systems Market Size and Volume Forecast by Type
9.7.1. Small Ships
9.7.2. Medium Ships
9.7.3. Large Ships
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Integrated Bridge Systems Demand Share Forecast, 2019-2026
10. Latin America Integrated Bridge Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Integrated Bridge Systems Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Integrated Bridge Systems Market Size and Volume Forecast by Application
10.4.1. Commercial Ships
10.4.2. Naval Warships
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Integrated Bridge Systems Market Size and Volume Forecast by Type
10.7.1. Small Ships
10.7.2. Medium Ships
10.7.3. Large Ships
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Integrated Bridge Systems Demand Share Forecast, 2019-2026
11. Europe Integrated Bridge Systems Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Integrated Bridge Systems Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Integrated Bridge Systems Market Size and Volume Forecast by Application
11.4.1. Commercial Ships
11.4.2. Naval Warships
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Integrated Bridge Systems Market Size and Volume Forecast by Type
11.7.1. Small Ships
11.7.2. Medium Ships
11.7.3. Large Ships
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
1.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Integrated Bridge Systems Demand Share, 2019-2026
12. Asia Pacific Integrated Bridge Systems Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Integrated Bridge Systems Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Integrated Bridge Systems Market Size and Volume Forecast by Application
12.4.1. Commercial Ships
12.4.2. Naval Warships
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Integrated Bridge Systems Market Size and Volume Forecast by Type
12.7.1. Small Ships
12.7.2. Medium Ships
12.7.3. Large Ships
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Integrated Bridge Systems Demand Share, 2019-2026
13. Middle East & Africa Integrated Bridge Systems Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Integrated Bridge Systems Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Integrated Bridge Systems Market Size and Volume Forecast by Application
13.4.1. Commercial Ships
13.4.2. Naval Warships
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Integrated Bridge Systems Market Size and Volume Forecast by Type
13.7.1. Small Ships
13.7.2. Medium Ships
13.7.3. Large Ships
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Integrated Bridge Systems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Integrated Bridge Systems Market: Market Share Analysis
14.2. Integrated Bridge Systems Distributors and Customers
14.3. Integrated Bridge Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Northrop Grumman Sperry Marine (U.K.)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Raytheon Anschütz (Germany)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Rolls Royce (U.K.)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. L-3 Communications Mapps (Canada)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. FURUNO Electric Shokai (Japan)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
