Global Electronic Chart Display and Information System (ECDIS) Market


Posted August 20, 2021 by chetanag

Global Electronic Chart Display and Information System (ECDIS) Market size was valued at US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2019 at a CAGR of XX % during the forecast period.
 
Global Electronic Chart Display and Information System (ECDIS) Market size was valued at US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2019 at a CAGR of XX % during the forecast period.



The global Electronic Chart Display and Information System (ECDIS) market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Electronic Chart Display and Information System (ECDIS) report also provides trends by market segments, technology, and investment with a competitive landscape.
Overview of Electronic Chart Display and Information System (ECDIS):

The Electronic Chart Display and Information System (ECDIS) is a navigational chart system used on naval vessels and ships. The adoption of an electronic chart system has made pinpointing locations and obtaining directions easier for a ship's navigating crew. To effectively locate the navigational points, the ECDIS makes use of the capability of the Global Positioning System (GPS). ECDIS follows the International Maritime Organization's guidelines, which contributes to the electronic chart system's credibility. The ECDIS is a navigational information system that interfaces with various navigational equipment including the GPS, Gyro, RADAR, ARPA, and Echo Sounder, among others.
Global Electronic Chart Display and Information System (ECDIS) Market Dynamics:

The marine sector is being transformed by the Electronic Chart Display and Information System (ECDIS). Globally, the implementation of electronic chart display and information systems is providing the marine industry with more cost-effective and safer navigation. ECDIS provides continuous navigational and positional safety information as well as alarms when the vessel is approaching navigational hazards.

An electronic chart displays data from nautical charts or electronic charts and incorporates data from speed and position via water reference systems as well as navigational sensors. Depth sounders, Navtex, Radar, and automatic identification systems are some of the other sensors that can be used in association with a chart and information system.
ECDIS charts come in a variety of shapes and sizes.

Raster Chart (RNC):

RNCs are scans or exact copies of paper charts. It has the appearance of a paper chart because all of the data is immediately printed. When the user zooms in or out, the chart merely gets bigger or smaller, and when the user rotates it, everything rotates as well.
ENCs (Electronic Navigation Charts):

ENCs (Electronic Navigation Charts) are computer-generated charts. Depending on the user's needs, the details on an ENC can be turned on and off. On the ENC, users can click on objects to get additional information about them. Depths can also be monitored to provide an early warning of grounding. The features enlarge or contract as the user zoom in and out, but the text remains the same.
Global Electronic Chart Display and Information System (ECDIS) Market Segmentation:

Global Electronic Chart Display and Information System (ECDIS) Market

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Based on the type, the electronic chart display and information system (ECDIS) market is segmented into marine, and government, and defense; marine is further classified as cargo and passenger. Enhanced real-time GIS in naval applications is one industry trend. During the battle, information technology has substantially induced computers to facilitate communication between fleets. The essential networking and coordination between many places are provided by advanced technology and effective communication systems.

Replacements of naval combat systems are one of the market's main drivers. Navies must face enormous difficulties and be ready to deal with modern military threats wherever they operate.
ECDIS charts:

ECDIS charts often have a lot more information than previous navigation tools, and they also automate a lot of important operations. Because of automatic route planning and monitoring, the navigator, for example, now has a substantially lighter load. With a functioning ECDIS, route correction used to take up a large portion of a navigation officer's time. Electronic navigation's precision, consistency, and dependability are a boon to safety, efficiency, and profitability.

The marine sector is being transformed by the Electronic Chart Display and Information System (ECDIS). Electronic chart display and information systems are allowing the marine sector to navigate more cost-effectively and safely around the world. When the vessel is close to navigational risks, ECDIS sends out constant navigational and positional safety information, as well as warnings.
Global Electronic Chart Display and Information System (ECDIS) Market Regional Insights:



Because of the presence of global players in the area, North America is expected to hold the largest market share throughout the projection period. In recent years, the demand and popularity of this technology in the region have helped suppliers grow significantly. Furthermore, the market in the Asia Pacific is expected to grow due to an increase in the adoption of electronic navigational charts for ships and aircraft over the forecast period.
Recent Launch:

June 2021: Kongsberg Digital (KDI) had launched K-Sim ECDIS, the latest cloud simulation products for the maritime training industry. K-Sim ECDIS was created to give generic ECDIS training following the STCW Model Course. It is available as an online training solution through the company's digital platform K-Sim Connect, allowing schools and training centers to conveniently give high-quality ECDIS training to their students at any time and from any location without the need for significant hardware investment.
Influence of COVID-19 on Trade and Industry:

The COVID-19 pandemic had a substantial impact on trade and industry.

- Manufacturers are figuring out how to recover from the current situation by reorganizing their sales channels and introducing new products.

- The length of the viral spread is still a critical component in determining the pandemic's total impact. However, beyond 2021, the worldwide ECDIS sector is likely to stabilize.

- The epidemic had no significant influence on the liquor industry.

The objective of the report is to present a comprehensive analysis of the Global Electronic Chart Display and Information System (ECDIS) Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Global Electronic Chart Display and Information System (ECDIS) Market dynamics, structure by analyzing the market segments and project the global Electronic Chart Display and Information System (ECDIS) market size. Clear representation of competitive analysis of key players By Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Electronic Chart Display and Information System (ECDIS) Market make the report investor’s guide.
Global Electronic Chart Display and Information System (ECDIS) Market Scope: Inquire before buying


Global Electronic Chart Display and Information System (ECDIS) Market, By Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Global Electronic Chart Display and Information System (ECDIS) Market Key Players

• Fontanski Marine Supply
• Electronic Charts Company, Inc.
• Maritime Services Ltd.
• SRH Marine Electronics S.A.
• Maryland Nautical
• American Nautical Services, Inc.
• Nautisk Forlag AS
• Sirm SPA
• Japan Hydrographic Charts & Publications Co., Ltd.
• DANELEC MARINE
• Kongsberg Maritime
• Northrop Grumman Sperry Marine
• Raytheon Anschutz
• Thales Group
• Other Key Players



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Issued By chetana
Country India
Categories Business
Tags electronic chart display and information system ecdis market
Last Updated August 20, 2021