Marine bridge system industry valued at US$3.2 billion

摘要

The marine bridge electronics industry has a total market value of around US$3.2 billion according to one of the leading equipment manufacturers. The market value incorporates all sales in one year of marine bridge electronics on commercial shipping, workboats of various types, fishing vessels, and recreational boats. The top 10 suppliers of vessel bridge equipment, including radar, ecdis, autopilots, voyage data recorders, safety communications, and echo sounders, generate around US$2.5 billion of these sales. Navico Holding's commercial marine division managing director Jose Herrero said the total annual sales of marine electronics on vessel bridges in commercial and recreational vessels combined had risen to around US$3.2 billion. He said this included all navigation equipment, as well as GMDSS (the global maritime distress and safety system) radios, autopilots, speed logs, and echo sounders, but not satellite communications equipment. It does not include the servicing of equipment either, which would increase this global market value significantly. He said that Navico was the second largest supplier of marine bridge electronics, behind Furuno Electric Co but ahead of Japan Radio Co (JRC). Navico's revenue was around US$308 million in 2015 and is expected to rise to US$325 million this year, Mr Herrero added.