Integrated Bridge Systems (IBS) Market: By Type (Radar System, Communication Console, and ECDIS), By Application (Commercial Ships and Naval Warships) and Region (North America, Europe, Asia Pacific, Latin America and the Middle East & Africa) - Global Forecast Till 2027
Overview
The global Integrated Bridge Systems Market will grow at a CAGR of 2.95% during the forecast period 2018 to 2023. The market for integrated bridge systems (IBS) is set to reach a considerable value. The global market is anticipated to witness growth owing to the factors such as trade agreements between countries and globalization as well as emerging economies such as China and India. However, the global market will face challenges and restraints due to trade bans and strict regulations during the forecast period 2018 to 2023.
Booming intercontinental trade in the global market will support the growth. The global market based companies will face certain challenges during the forecast period 2018 to 2023. The market research report provides in-depth analysis of the applications and types segments. The global market research report presents factors such as trade wars and disputes that could slow down the Integrated Bridge Systems Market growth.
Market Segmentation
The global market has been segmented into applications and types. Based on the segment which is type, the market is categorized on the basis of ECDIS, communication console, and radar system. The global market for integrated bridge systems (IBS) is further segmented based on applications into commercial ships and naval warships.
The integrated bridge systems (IBS) market report offers comprehensive study of the market segments including applications and types. The analysts have also studied the integrated bridge systems (IBS) market's spread across the regional markets across many of the global market’s segments at country levels. The applications and types segments spread across the global market along with the subsegments are studied. The global market for integrated bridge systems (IBS) is spread across various product and service based segments. The global market research report highlights these key segments and offers forecasts based on primary and secondary data. The global market research report presents key company profiles of organizations active across the integrated bridge systems (IBS) market.
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Regional Overview
Border disputes resulting from trade complexities among countries may hinder the global market growth. The market research report suggests that companies in the integrated bridge systems (IBS) market could be supported by considerable rise in carrier movement as well as international trade during the forecast period. The market is set to register growth at a high CAGR owing to these key factors. The market is spread across North America, Europe, Asia-Pacific, and other parts of the world. The market is set to witness tremendous growth across applications and types segments. The global market’s North American region covers integrated bridge systems (IBS) markets across the United States, Mexico, Canada, and others. Businesses present in the global market are also profiled and their strategies have been presented in detail in the integrated bridge systems (IBS) market research report.
The global market across the European region covers Italy, France, Germany, and the United Kingdom. Furthermore, the market research report provides details about the APAC region covering integrated bridge systems (IBS) markets from China, India, Australia, Japan, and others. The global market is also active across several other parts of the world. The global market report covers all these key regions including the Middle East, Africa, Brazil, and others active in the global market.
Competitive Landscape
Integrated bridge systems have seen tremendous growth, due to carrier movement in waterways and opportunities offered by the emerging countries. However, strict regulations and budgetary concerns would challenge the companies active in the integrated bridge systems (IBS) market. Furthermore, companies using growth strategies to stay ahead in the global market are expected to help the market during the forecast period 2018 to 2023. As the global market report suggests that the integrated bridge systems (IBS) market will register a CAGR of 2.95% and reach a notable value by 2023, the market report highlights key areas integrated bridge systems (IBS) market based companies need to focus on. The market research report projects a long term growth till 2023. Based on global market’s analysis on the basis of SWOT and Porters’ Five Force Model, the integrated bridge systems (IBS) market will rise during the forecast period 2018 to 2023, however the companies need to move ahead with caution. The integrated bridge systems (IBS) market research report highlights such key areas.
Industry News
Servowatch Systems, a multinational provider of advanced maritime control technologies for navy ships, industrial and large yacht operations, has been purchased by Rolls-Royce. The firm was managed by the Larsen & Toubro Corporation, which was responsible for Indian Engineering, Purchasing and Building Projects. The arrangement terms have not been revealed. Servowatch would considerably extend the ship automation branch of the Rolls-Royce Power Systems enterprise product and solution brand in Heybridge, Essex, and Servowatch says.
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1 Executive Summary
2 Market Introduction
2.1 Definition 17
2.2 Scope Of The Study 17
2.3 List Of Assumptions 17
2.4 Market Structure 18
3 Research Methodology
3.1 Research Process 20
3.2 Primary Research 21
3.3 Secondary Research 22
3.4 Market Size Estimation 22
3.5 Forecast Model 23
4 Market Dynamics
4.1 Global Integrated Bridge Systems Market 25
4.1.1 Introduction 25
4.1.2 Drivers 26
4.1.2.1 Increasing International Seaborne Trade And Shipbuilding 26
4.1.2.2 Growing Demand For Cruise Ships 26
4.1.2.3 Rise In Spending On Naval Warships 26
4.1.2.4 Drivers Impact Analysis 27
4.1.3 Restraint 27
4.1.3.1 High Costs Of Customized IBS 27
4.1.3.2 Restraints Impact Analysis 27
4.1.4 Opportunities 27
4.1.4.1 Increased Spending On Port Construction In Developing Nations 27
4.1.4.2 Rising Awareness About Navigational Safety And Security 28
4.1.5 Challenge 29
4.1.5.1 Vulnerability To Cyber Risks 29
5 Market Factor Analysis
5.1 Supply Chain Analysis 31
5.1.1 R&D 31
5.1.2 Component Production 31
5.1.3 Assembling 31
5.1.4 End-Use Industry 31
5.2 Porter’s Five Forces Model 32
5.2.1 Threat Of New Entrants 32
5.2.2 Rivalry 32
5.2.3 Threat Of Substitutes 32
5.2.4 Bargaining Power Of Suppliers 33
5.2.5 Bargaining Power Of Buyers 33
6 Global Integrated Bridge System Market, By Type
6.1 Introduction 35
6.2 Radar System 37
6.3 Communication Console 38
6.4 ECDIS 39
7 Global Integrated Bridge System Market, By Application
7.1 Introduction 41
7.2 Commercial Ships 43
7.3 Naval Warships 44
8 Global Integrated Bridge System Market, By Region
8.1 Introduction 46
8.2 North America 48
8.2.1 US 50
8.2.2 Canada 51
8.3 Europe 53
8.3.1 Germany 55
8.3.2 UK 56
8.3.3 France 58
8.3.4 Spain 59
8.3.5 Italy 60
8.3.6 Rest Of Europe 62
8.4 Asia-Pacific 63
8.4.1 China 65
8.4.2 Japan 66
8.4.3 India 68
8.4.4 ASEAN 69
8.4.5 Rest Of Asia Pacific 70
8.5 Rest Of World 72
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