레저용 해양 내비게이션 소프트웨어 - 시장 점유율 분석, 산업 동향 및 통계, 성장 예측(2024-2029년)

The Market size is estimated at USD 7.66 billion in 2024, and is expected to reach USD 10.99 billion by 2029, growing at a CAGR of 7.48% during the forecast period (2024-2029).

Key Highlights

• Marine navigation involves planning, managing, and directing a vessel's voyage, relying on seamanship, professional expertise, and the integration of science and technology.
• At sea, vessels depend on precise data regarding their position, speed, and heading to reach their destinations safely and efficiently. This need for accuracy is especially crucial during port departures and arrivals. Maritime professionals, such as ship captains and navigators, utilize marine navigation software to guide vessels at sea. This software integrates Global Navigation Satellite Systems (GNSS), electronic navigation charts (ENCs), real-time data, and advanced algorithms. Together, these technologies provide precise positioning, route planning, collision avoidance, and other essential features for effective maritime navigation.
• Marine navigation software has become indispensable for today's sailors, enhancing maritime safety, efficiency, and environmental responsibility. By leveraging this software, users can plan more precise arrival times, sail safer routes, reduce the risk of incidents, improve efficiency, and cut emissions, leading to continual fuel savings.
• Marine recreational activities, such as cruising, sailing, and racing, are experiencing a surge in popularity. Each of these activities has its own unique requirements, with safety and user-friendliness being top priorities. Features like route planning, AIS capabilities, radar overlays, and fish finders, while important, hold varying degrees of significance. Consequently, the demand for recreational marine navigation software, including route planning, security cones, and odometer navigation, is on the rise.
• Today, it's uncommon to find a sailor without a navigation app on their phone, with tablets increasingly preferred over fixed multifunction displays (MFDs) on yachts. While having navigation information at hand and on the go is convenient, sailors prioritize different information compared to motorboaters. While weather updates are appreciated, understanding the tide forecast is paramount. Sailors focus on details like wind direction, its relevance to their course, and nearby landmarks. Recreational marine navigation software consolidates all these services in one platform.

Recreational Marine Navigation Software Market Trends

Integration of IoT Technology and Location Proximity in Recreational Marine Navigation is Fueling the Market's Growth

• The International Maritime Organization (IMO) of the United Nations introduced the concept of maritime IoT, initially termed "e-navigation." This initiative's core objective was to streamline and digitize marine navigation data, enhancing a spectrum of maritime services. As with any IoT application, robust communication, particularly MTC (Machine Type Communication), plays a pivotal role in realizing this vision.
• While radar and autopilots have seen advancements, a diverse array of iOS boating applications is increasingly aiding boaters. Today, it's a rarity to encounter a sailor without a navigation app on their smartphone. In fact, many are opting for tablets over fixed multifunction displays (MFDs) on yachts, appreciating the advantage of having navigation information readily available on the go. Amidst the plethora of options, several navigation apps have emerged as favorites among sailors.
• For sailors and yacht owners, their priorities differ from those of motorboaters. While weather awareness remains crucial, sailors place a premium on comprehending tide patterns, wind dynamics, and their implications on navigation, especially in relation to their course. Additionally, they seek insights on nearby points of interest, enhancing their recreational sailing experiences.

North America to Hold Largest Market Share

• In 2023, the US, with around 11.5 million registered recreational boats, dominated the global count, as reported by the US Coastguard and Boating Safety Association. Canada emerges as a significant player in the recreational boating sector.
• Traditionally, a nation's recreational boat count correlates with its GDP and population. While larger economies and populations tend to have more boats, there are exceptions. Take Canada, for example. Despite a smaller population compared to the US, it boasts a notable recreational boat count on the world stage. This anomaly is largely due to its extensive coastline and intricate canal network, nurturing a robust boating culture.
• Several factors are driving the growth of North America's recreational marine navigation software market. These include rising disposable incomes, urbanization, a strong tech adoption rate, and a growing interest in outdoor activities. As the population swells and embraces advanced marine navigation technology, the demand for recreational marine navigation software is set for further growth.

Recreational Marine Navigation Software Industry Overview

In the Recreational Marine Navigation Software market, key players like Timezero, i-Boating, Rose Point, and Expedition Marine engage in fierce competition. They leverage strategies like acquisitions, launches, and collaborations to roll out cutting-edge software. These firms also prioritize R&D, constantly pushing the boundaries of technology to cement their market dominance.

• April 2024: Seadronix, a key player in AI maritime solutions, introduced its latest innovation: the Rec-SEA Plugin. This advanced AI software transforms traditional vessels into 'smart' ships by leveraging onboard sensors such as LiDAR and RADAR. The Rec-SEA Plugin not only enhances safety but also elevates operational efficiency in maritime environments.
• March 2024: Celebrating the 30th anniversary of its inertial navigation product line, Kongsberg Discovery unveiled the Seapath(R) 385. This state-of-the-art system combines cutting-edge hardware with advanced navigation algorithms, ensuring unmatched precision for hydrographic surveying. Seapath 385 integrates inertial technology and processing algorithms with a wide array of satellite signals, including multi-frequency GPS, GLONASS, Galileo, Beidou, QZSS, and geostationary. It seamlessly processes data from Kongsberg Discovery's premium MGC(R) (motion gyro compass) or MRU (motion reference unit) inertial sensors, alongside GNSS data, offering RTK, PPP, or DGNSS corrections.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Deliverables
• 1.2 Study Assumptions
• 1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Integration of IoT Technology and Location Proximity
  • 4.2.2 Advancement in GIS, Mapping, and Modelling Tools
  • 4.2.3 Rise in Cloud-based Deployment
• 4.3 Market Restraints
  • 4.3.1 High Initial Expenses in Infrastructure
  • 4.3.2 Availability of Open-source Software
• 4.4 Industry Attractiveness - Porter's Five Forces Analysis
  • 4.4.1 Threat of New Entrants
  • 4.4.2 Bargaining Power of Buyers/Consumers
  • 4.4.3 Bargaining Power of Suppliers
  • 4.4.4 Threat of Substitute Products
  • 4.4.5 Intensity of Competitive Rivalry
• 4.5 Key Use Cases and Case Studies
• 4.6 Ecosystem Analysis

5 MARKET SEGMENTATION

• 5.1 By Offering
  • 5.1.1 Software
  • 5.1.2 Services
• 5.2 By Deployment Type
  • 5.2.1 Cloud
  • 5.2.2 On-premise
• 5.3 By Platform
  • 5.3.1 Laptop/PCs
  • 5.3.2 Mobile
• 5.4 By Geography
  • 5.4.1 North America
  • 5.4.2 Europe
  • 5.4.3 Asia-Pacific
  • 5.4.4 Rest of World

6 COMPETITIVE LANDSCAPE

• 6.1 Company Profiles
  • 6.1.1 Timezero
  • 6.1.2 i-Boating
  • 6.1.3 Rose Point
  • 6.1.4 EuroNav
  • 6.1.5 Expedition Marine
  • 6.1.6 NaAVIC
  • 6.1.7 Chetu
  • 6.1.8 BME - Barrenjoey Marine Electrics
  • 6.1.9 Danelec Marine A/S
  • 6.1.10 Periskal Group

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS