Integrated Bridge Systems (IBS) for Ships Market
Integrated Bridge Systems (IBS) for Ships Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Integrated Bridge Systems (IBS) for Ships Market Size and Growth
The Integrated Bridge Systems (IBS) for Ships market is experiencing robust growth, driven by advancements in automation and navigation technologies. As of 2023, the market size is valued at approximately $4 billion, with projections indicating a compound annual growth rate (CAGR) of around 8% through the next five years.
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Companies Covered
(Covid 19 Impact Covered)
◍ Sperry Marine Northrop Grumman
◍ Consilium
◍ Furuno Electric
◍ Raytheon
◍ L3 Technologies
◍ Kongsberg Maritime
◍ Transas
◍ NAUDEQ
◍ NORIS Group
◍ Rolls Royce
◍ Wartsila Valmarine
◍ Tokyo Keiki
◍ Marine Technologies
◍ Praxis Automation Technology
The Integrated Bridge Systems (IBS) market is led by companies like Sperry Marine, Consilium, and Furuno Electric, which enhance navigation and safety. Kongsberg and Rolls Royce innovate with automation, while Wartsila focuses on energy efficiency. Sales revenues from select companies are significant, reflecting strong market growth potential. Request Sample Report
Market Segmentation
By Application
Civil
Military
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By Product
ARPA Radar
ECDIS System
Tactical Command System
Communication System
Others
Market Growth
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$ X Billion USD
