“Integrated Bridge System Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on integrated bridge system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for integrated bridge system? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The integrated bridge system market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
- 1) By Component: Hardware; Software
- 2) By Ship Type: Commercial; Defense
- 3) By Subsystem: Integrated Navigation System; Voyage Data Recorder; Automatic Weather Observation System; Automatic Identification System; Other Subsystems
- 4) By Application: Vessels; Megayachts; Tankers; Container Ships; Cruise Ships; Naval Surface Ships
- 5) By End-User: OEM; Aftermarket
- Companies Mentioned: Alphatron Marine; Consilium Marine & Safety Ab; Danelec Marine A/S; Furuno Electric Co Ltd.; Norwegian Electric Systems As
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery Format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the integrated bridge system market are: Alphatron Marine, Consilium Marine & Safety Ab, Danelec Marine A/S, Furuno Electric Co Ltd., Norwegian Electric Systems As, GEM elettronica, L3 Mapps Inc., Mackay Communications Inc., Marine Technologies LLC, Sperry Marine Northrop Grumman, Praxis Automation Technology B.V., Admarel BV, Hensoldt UK, Prime Mover Controls Inc., OSI Maritime Systems, and Wartsila Valmarine AS.
The global integrated bridge system market is expected to grow from $7.00 billion in 2022 to $7.42 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The integrated bridge system market is expected to grow to $9.06 billion in 2027 at a CAGR of 5.1%.
The integrated bridge system market consists of ship movement control systems, navigation systems, mapping, radar systems, and other types. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
An integrated bridge system (IBS) is a collection of interconnected systems that enables workstations to have centralized access to sensor data or command and control to improve the safe and effective administration of ships by appropriately certified personnel. It is used to allow a centralized monitoring of multiple navigational tools.
Asia-Pacific was the largest region in the integrated bridge system market in 2022. The regions covered in the integrated bridge system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main components are hardware and software. Hardware refers to the physical parts of a computer and related devices. The ship types includes commercial, and defense. The subsystems are an integrated navigation system, voyage data recorder, automatic weather observation system, automatic identification system, and other subsystems, applied in vessels, megayachts, tankers, container ships, cruise ships, and naval surface ships and is used in OEM and aftermarket.
Rising world seaborne trade is anticipated to drive the integrated bridge system market. The seaborne trade refers to the balance that determines the difference between the volumes of loaded and discharged goods. IBS enables the acquisition and management of sensor data for numerous tasks, including passage execution, communication, machinery control, safety and security, and aids in maritime commerce. For instance, in 2021, according to the UN Conference on Trade and Development (UNCTAD), a Switzerland-based intergovernmental institution created to advance developing countries' interests in international commerce, which anticipates an annual growth rate of 3.4% over the next five years for maritime trade. Therefore, the rising world seaborne trade is driving the growth of the integrated bridge system market.
Technological advancement is a key trend in the integrated bridge systems market. Major companies operating in the integrated bridge system market is concentrating on creating new product solutions to improve its position. For instance, in May 2022, China Railway Hi-tech Industry Corporation, a China-based manufacturer of construction equipment launched intelligent pile-beam integrated bridge-building machines based on several construction technologies. This is the first intelligent pile-beam integrated bridge-building machine developed in the world based on the BeiDou positioning system that improves efficiency by more than three times and also reduces the construction costs incurred by erection and demolition, reduces construction dust and noise and avoids damage to the environment in nature compared to traditional single-span bridge construction.
In July 2020, Furuno, a Japan-based electronics company, acquired EMRI A/S for an undisclosed amount. This acquisition of EMRI A/S strengthens the aim to increase safety and effectiveness at sea by using our core expertise in sensing, processing, communication, integration, and action control systems. It also complements our current and expanding presence in the marine sector. EMRI is a Denmark-based company operating in integrated bridge systems.
The countries covered in the integrated bridge system market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The integrated bridge system market research report is one of a series of new reports from The Business Research Company that provides integrated bridge system market statistics, including integrated bridge system industry global market size, regional shares, competitors with an integrated bridge system market share, detailed integrated bridge system market segments, market trends and opportunities, and any further data you may need to thrive in the integrated bridge system industry. This integrated bridge system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Table of Contents
1. Executive Summary
2. Integrated Bridge System Market Characteristics
3. Integrated Bridge System Market Trends And Strategies
4. Integrated Bridge System Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Integrated Bridge System Market
- 4.2. Ukraine-Russia War Impact On Integrated Bridge System Market
- 4.3. Impact Of High Inflation On Integrated Bridge System Market
5. Integrated Bridge System Market Size And Growth
- 5.1. Global Integrated Bridge System Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Integrated Bridge System Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Integrated Bridge System Market Segmentation
- 6.1. Global Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Hardware
- Software
- 6.2. Global Integrated Bridge System Market, Segmentation By Ship Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Commercial
- Defense
- 6.3. Global Integrated Bridge System Market, Segmentation By Subsystem, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Integrated Navigation System
- Voyage Data Recorder
- Automatic Weather Observation System
- Automatic Identification System
- Other Subsystems
- 6.4. Global Integrated Bridge System Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Vessels
- Megayachts
- Tankers
- Container Ships
- Cruise Ships
- Naval Surface Ships
- 6.5. Global Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- OEM
- Aftermarket
7. Integrated Bridge System Market Regional And Country Analysis
- 7.1. Global Integrated Bridge System Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Integrated Bridge System Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Integrated Bridge System Market
- 8.1. Asia-Pacific Integrated Bridge System Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Integrated Bridge System Market
- 9.1. China Integrated Bridge System Market Overview
- 9.2. China Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Integrated Bridge System Market
- 10.1. India Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Integrated Bridge System Market
- 11.1. Japan Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Integrated Bridge System Market
- 12.1. Australia Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Integrated Bridge System Market
- 13.1. Indonesia Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Integrated Bridge System Market
- 14.1. South Korea Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Integrated Bridge System Market
- 15.1. Western Europe Integrated Bridge System Market Overview
- 15.2. Western Europe Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Integrated Bridge System Market
- 16.1. UK Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Integrated Bridge System Market
- 17.1. Germany Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Integrated Bridge System Market
- 18.1. France Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Integrated Bridge System Market
- 19.1. Eastern Europe Integrated Bridge System Market Overview
- 19.2. Eastern Europe Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Integrated Bridge System Market
- 20.1. Russia Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Integrated Bridge System Market
- 21.1. North America Integrated Bridge System Market Overview
- 21.2. North America Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Integrated Bridge System Market
- 22.1. USA Integrated Bridge System Market Overview
- 22.2. USA Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Integrated Bridge System Market
- 23.1. South America Integrated Bridge System Market Overview
- 23.2. South America Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Integrated Bridge System Market
- 24.1. Brazil Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Integrated Bridge System Market
- 25.1. Middle East Integrated Bridge System Market Overview
- 25.2. Middle East Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Integrated Bridge System Market
- 26.1. Africa Integrated Bridge System Market Overview
- 26.2. Africa Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Integrated Bridge System Market Competitive Landscape And Company Profiles
- 27.1. Integrated Bridge System Market Competitive Landscape
- 27.2. Integrated Bridge System Market Company Profiles
- 27.2.1. Alphatron Marine
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. Consilium Marine & Safety Ab
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Danelec Marine A/S
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Furuno Electric Co Ltd
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Norwegian Electric Systems As
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Integrated Bridge System Market
29. Integrated Bridge System Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer