Uploaded on Nov 21, 2023
Integrated Bridge Systems Market by Ship Type (Commercial and Defense), Sub System (Automatic Identification System, Voyage Data Recorder, Integrated Navigation System, Automatic Weather Observation System and Others), Component (Software and Hardware), and End User (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2020–2027
Integrated Bridge Systems Market PPT
Integrated Bridge Systems Market by
Ship Type (Commercial, Defense), by Sub
System (Automatic Identification
System, Voyage Data Recorder,
Integrated Navigation System,
Integrated Navigation System, Others),
by Component (Software, Hardware) and
by End User (OEM, Aftermarket): Global
Opportunity Analysis and Industry
Forecast, 2023-2032
Integrated Bridge Systems Market by Ship Type
The global integrated bridge systems market is experiencing a significant growth due to
demand for advance maritime navigation system. Integrated bridge system (IBS) is a
combination of systems designed to allow centralized access to information from various
nodes in the system through a workstation.
In addition, integrated bridge system collects information from a number of sensors on-
board, subsystems, and navigational system of a ship. IBS allows real-time data
monitoring for enhanced situational awareness and efficient decision-making.
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Integrated Bridge Systems Market by Ship Type
Surge in seaborne trade & marine tourism, increase in demand for optimized navigation
system, and rise in adoption of wireless sensors are some of the factors that drive the
global integrated bridge systems market. However, vulnerability of digital systems to cyber-
attacks hinder the market growth. On the contrary, increase in maritime safety norms,
development of maritime economic corridors for import & export, and advancement in
military-based IBS for coastal protection present new pathways in the industry.
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Integrated Bridge Systems Market by Ship Type
According to UN Conference on Trade & Development (UNCTAD), 2019 international
maritime trade will at an average rate of 3.5 % annually for next five years. Increasing
trade volume will create demand for new ships such as cargo, oil & gas tanker, and bilk
carriers. In addition, research vessels such as RV Belgica (a state-of-art oceanographic
research vessel) utilizes advanced integrated bridge system to help operate in extreme
weather conditions. Such extensive use of integrated bridge system in marine trade &
tourism as well as ocean search is expected to boost the global integrated bridge
system market.
Integrated Bridge Systems Market by Ship Type
Key Benefits
•This study presents the analytical depiction of the global integrated bridge systems
industry along with the current trends and future estimations to determine the imminent
investment pockets.
•The report presents information related to key drivers, restraints, and opportunities along
with detailed analysis of the global integrated bridge systems market share.
•The current market is quantitatively analyzed to highlight the global integrated bridge
systems market growth scenario.
•Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
•The report provides a detailed global integrated bridge systems market analysis based on
competitive intensity and how the competition will take shape in coming years.
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Integrated Bridge Systems Market by Ship Type
Integrated Bridge Systems Market by Ship Type Key Segments:
By Region
•North America
• U.S.
• Canada
•Europe
• UK
• Germany
• France
• Rest of Europe
• Latin America
• Brazil
• Mexico
• Rest of LATAM
•Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
• Middle East
• Africa
Integrated Bridge Systems Market by Ship Type
Segment Overview
Modern ships require real-time bridge navigation tracking and display of ship control on
integrated bride system. Recently, in 2020, Northrop Grumman received an order worth
27.4 million USD by US Navy to build integrated bridge & navigation system (IBNS) for
Arleigh Burke DDG-51 (a class of guided missile destroyer). IBNS will include sub-systems
such as voyage management system (VMS), automated radar plotting aid (ARPA), and ship
control system (SCS) to enhance bridge watch efficiency & ship control safety. Such
investment in optimized navigation systems will drive the global integrated bridge systems
market.
Integrated Bridge Systems Market by Ship Type
Key players profiled in the report
include
• Northrop Grumman Sperry Marine B.V.
• Furuno Electric Co. Ltd.
• NORIS Group Gmb
• Marine Technologies LLC
• Kongsberg Maritime
• Japan Radio Co. Ltd.
• Wartsila
• LARSEN & TOUBRO LIMITED
• Rolls Royce Holdings plc
• Raytheon Anschutz GmbH
Integrated Bridge Systems Market by Ship Type
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