Marine electronics

Global Marine Electronics Market to Grow by $1.76 Billion During 2023-2027 - ResearchAndMarkets.com

Retrieved on: 
Thursday, January 19, 2023
Technology, Maritime, Transport, Consumer Electronics, Kraken, SAS, Unmanned underwater vehicle, Marine electronics, Teledyne Technologies, ThyssenKrupp, Garmin, SWOT, Electronics, Research, Northrop Grumman, Raytheon Technologies, GPS, Renewable energy, Retail, Online shopping, Navico

Also, the growing use of passive radars and developments in SAS technology will lead to sizable demand in the market.

Key Points: 
  • Also, the growing use of passive radars and developments in SAS technology will lead to sizable demand in the market.
  • The publisher's report on the marine electronics market covers the following areas:
    The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading marine electronics market vendors that include Adrie Marine Electronics Solutions Pvt.
  • Also, the marine electronics market analysis report includes information on upcoming trends and challenges that will influence market growth.
  • The publisher recognizes the following companies as the key players in the global marine electronics market: Adrie Marine Electronics Solutions Pvt.

Marine Electronics Market - 43% of Growth to Originate from North America | Evolving Opportunities with Furuno Electric Co. Ltd. & Garmin Ltd | 17000+ Technavio Reports

Retrieved on: 
Monday, April 11, 2022
Adoption, CAGR, USD, Electronics, GPS, ThyssenKrupp, Investment, Marketing, Growth, MEA, ASA, Thales Group, Teledyne Technologies, Northrop, Marine electronics, Kongsberg Maritime, Raytheon Technologies, Geography, Northrop Grumman, Garmin, Music, Retail, Satellite navigation device, Pet, Navico

Market growth in this region will be slower than the growth of the market in APAC, South America, and MEA regions.

Key Points: 
  • Market growth in this region will be slower than the growth of the market in APAC, South America, and MEA regions.
  • For more insights on the market share of various regions - Download a free sample now!
  • Furuno Electric Co. Ltd. -The company manufactures marine electronics products such as multibeam sonar and compass.
  • Northrop Grumman Corp -The company manufactures marine electronics products through its subsidiary, Northrop Grumman Sperry Marine.

Outlook on the Marine Electronics and Marine Navigation Global Market to 2028 - Key Drivers and Challenges - ResearchAndMarkets.com

Retrieved on: 
Wednesday, August 18, 2021
Maritime, Other Automotive, Transport, Automotive, Industry, COVID, SWOT, Growth, Marine electronics, Research, Machine learning, Investment, COVID 19, Navigation, Education, Electronics, Miniaturization, Artificial intelligence, Budget, Aquaculture, Marketing

Marine Electronics and Marine Navigation market illustrates an attractive growth rate during the forecast period with the advancements in technologies.

Key Points: 
  • Marine Electronics and Marine Navigation market illustrates an attractive growth rate during the forecast period with the advancements in technologies.
  • Further, the economic slowdown and geopolitical matters have limited the Marine Electronics and Marine Navigation market growth in 2020.
  • New generation Marine Electronics and Marine Navigation with improved performance offering higher accuracy and flexibility, with easy integration into systems spur the growth in Marine Electronics and Marine Navigation industry.
  • The Marine Electronics and Marine Navigation market study helps stakeholders understand the breadth and stance of the market giving them information on key drivers, restraints, challenges, and growth opportunities of the market and mitigate risks
    4.

Goldman Sachs Asset Management and Altor Announce the Sale of Navico, a Global Leading Marine Electronics Company, to Brunswick Corporation for $1.05bn

Retrieved on: 
Thursday, June 24, 2021
Professional services, Maritime, Sports, Transport, Powerboating, Finance, Banking, Marine electronics, Electronics, Navico, Companies, Secondary sector of the economy, Lowrance Electronics, Brunswick Corporation, B&G, Goldman Sachs, Simrad, Altor, Simrad Yachting, Navico, Goldman Sachs Asset Management, Altor, Brunswick, NAVICO, GOLDMAN SACHS ASSET MANAGEMENT, ALTOR, BRUNSWICK

Goldman Sachs Asset Management Division (Goldman Sachs) and Altor Fund IV (Altor) today announced that they have agreed to sell Navico, a global leader in marine electronics, to Brunswick Corporation (NYSE: BC), the largest recreational marine company in the world.

Key Points: 
  • Goldman Sachs Asset Management Division (Goldman Sachs) and Altor Fund IV (Altor) today announced that they have agreed to sell Navico, a global leader in marine electronics, to Brunswick Corporation (NYSE: BC), the largest recreational marine company in the world.
  • Navico is a leading provider of marine electronics to the recreational segment, selling its products under the Lowrance, Simrad, B&G, and C-MAP brands, and offering a full range of advanced marine electronics solutions.
  • Navico is a unique platform with exceptional technology, a long history as a pioneer of marine electronics and a deep connection to its customers.
  • Bringing together traditional and alternative investments, Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance.

Brunswick to Acquire Navico; Will Enhance Leadership Position in Marine Technology and Strengthen Global Parts & Accessories Business

Retrieved on: 
Thursday, June 24, 2021
Marine electronics, Navico, Goldman Sachs, Finance, Companies, Banks

Navico is a privately held global company based in Egersund, Norway and co-owned by Altor Fund IV and Goldman Sachs Asset Management.

Key Points: 
  • Navico is a privately held global company based in Egersund, Norway and co-owned by Altor Fund IV and Goldman Sachs Asset Management.
  • Navicos strong brands serve most major powerboat and sailing markets for both recreational and commercial applications.
  • Brunswicks P&A segment accounts for about $1.5 billion - or 35 percent of total 2020 annual revenues.
  • Brunswick will be using a combination of debt and cash on its balance sheet to fund the acquisition.

 Garmin announces MSC 10 marine satellite compass

Retrieved on: 
Thursday, May 6, 2021
Other Manufacturing, Technology, Maritime, Engineering, Transport, Satellite, Other Technology, Manufacturing, Hardware, Marine electronics, Technology, Science and technology, Navigation, Garmin, Satellite navigation, Schaffhausen, Navionics, National Marine Electronics Association, Autopilot

Plus, the MSC 10 uses satellite signals which eliminate magnetic interference that can degrade heading accuracy.\nThe MSC 10 is easy to install and can be used as the primary position and heading sensor across multiple systems, including autopilots.

Key Points: 
  • Plus, the MSC 10 uses satellite signals which eliminate magnetic interference that can degrade heading accuracy.\nThe MSC 10 is easy to install and can be used as the primary position and heading sensor across multiple systems, including autopilots.
  • Committed to developing the most sophisticated marine electronics the industry has ever known, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday.
  • For the sixth consecutive year, Garmin was recently named the Manufacturer of the Year by the National Marine Electronics Association (NMEA).
  • Garmin, GPSMAP, Navionics and Fusion are registered trademarks and MSC is a trademark of Garmin Ltd. or its subsidiaries.\nThis release includes forward-looking statements regarding Garmin Ltd. and its business.

Garmin announces support for Mercury Marine SmartCraft engines

Retrieved on: 
Tuesday, April 20, 2021
Hardware, Data management, Manufacturing, Consumer electronics, Technology, Transportation, Other Consumer, Travel, Sports, Maritime, Transport, Powerboating, Software, Consumer, Mobile, Wireless, Engineering, Marine electronics, Navigation, Garmin, Satellite navigation, Schaffhausen, Science and technology, Technology, Navionics, National Marine Electronics Association

View the full release here: https://www.businesswire.com/news/home/20210420005170/en/\nGarmin has added support for Mercury Marine VesselView engine data across select ECHOMAP Ultra, ECHOMAP UHD and GPSMAP series multi-function (MFDs), giving boaters vital engine performance data directly on their Garmin display.

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210420005170/en/\nGarmin has added support for Mercury Marine VesselView engine data across select ECHOMAP Ultra, ECHOMAP UHD and GPSMAP series multi-function (MFDs), giving boaters vital engine performance data directly on their Garmin display.
  • It will require a free software update from Garmin and the purchase of a SmartCraft Connect gateway from Mercury.
  • For the sixth consecutive year, Garmin was recently named the Manufacturer of the Year by the National Marine Electronics Association (NMEA).
  • Garmin, GPSMAP, Navionics and Fusion are registered trademarks and ECHOMAP is a trademark of Garmin Ltd. or its subsidiaries.\nThis release includes forward-looking statements regarding Garmin Ltd. and its business.

FLIR Systems Introduces Raymarine YachtSense

Retrieved on: 
Thursday, December 10, 2020
Electronic design automation, Engineering, Maritime, Technology, Transport, Manufacturing, Hardware, Raymarine Marine Electronics, Electronics, FLIR Systems, Infrared imaging, Targeting, Marine electronics, Forward-looking infrared, Electromagnetism, Technology, FLIR Systems, Inc., the Raymarine brand

FLIR Systems, Inc. (NASDAQ: FLIR) announced today Raymarine YachtSense, an advanced digital control system affording total command and complete awareness of a vessels electrical systems.

Key Points: 
  • FLIR Systems, Inc. (NASDAQ: FLIR) announced today Raymarine YachtSense, an advanced digital control system affording total command and complete awareness of a vessels electrical systems.
  • Engineered for reliability, flexibility, and ease-of-use, YachtSense offers scalable, customizable and failsafe marine automation through intuitive control of onboard systems via any Raymarine Axiom multifunction display.
  • YachtSense is the new standard in premium digital control solution for todays most sophisticated vessels, says Gregoire Outters, General Manager for the Raymarine brand at FLIR Systems.
  • Raymarine, a FLIR Systems brand, makes high-performance marine electronics for the recreational boating and light commercial marine markets.

National Marine Electronics Association Honors Three KVH Marine Systems with 2020 Product of Excellence Awards

Retrieved on: 
Tuesday, September 29, 2020
Marine electronics, National Marine Electronics Association, KVH

MIDDLETOWN, R.I., Sept. 29, 2020 (GLOBE NEWSWIRE) -- During its 2020 virtual conference, the National Marine Electronics Association honored three products from KVH Industries, Inc., (Nasdaq: KVHI) for product excellence.

Key Points: 
  • MIDDLETOWN, R.I., Sept. 29, 2020 (GLOBE NEWSWIRE) -- During its 2020 virtual conference, the National Marine Electronics Association honored three products from KVH Industries, Inc., (Nasdaq: KVHI) for product excellence.
  • We are deeply grateful to the members of the National Marine Electronics Association for this recognition, said Jim George, senior director of global leisure sales.
  • The NMEA Product of Excellence Awards are presented annually to recognize design, performance, and reliability in marine electronics products.
  • Note to Editors: For more information about KVHs award-winning marine antenna systems, please visit the KVH website and www.kvh.com/leisure_boats_yachts.

Garmin again named Manufacturer of the Year by the National Marine Electronics Association

Retrieved on: 
Tuesday, September 29, 2020
Satellite, Manufacturing, Consumer electronics, Fishing, Other Health, Technology, Yachting, Sports, Sailing, Maritime, Transport, Other Manufacturing, Software, Health, Mobile, Wireless, Marine electronics, Computer buses, Global Positioning System, Electronics, National Marine Electronics Association, Garmin, Science and technology, Technology, NMEA

Garmin International Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), the worlds leading marine electronics manufacturer1, today announced that it was named Manufacturer of the Year for the sixth consecutive year by members of the National Marine Electronics Association (NMEA) at its annual business meeting and awards presentation held virtually on Sept. 26.

Key Points: 
  • Garmin International Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), the worlds leading marine electronics manufacturer1, today announced that it was named Manufacturer of the Year for the sixth consecutive year by members of the National Marine Electronics Association (NMEA) at its annual business meeting and awards presentation held virtually on Sept. 26.
  • The coveted Manufacturer of the Year honor is given to the most recognized company in the marine electronics industry for excellence in product service and support in the field.
  • These awards are voted on by professional NMEA dealers who specialize in installing marine electronics, qualified NMEA technicians and fellow marine electronics manufacturers.
  • Its a true honor to be the NMEA Manufacturer of the Year for six years running, said Dan Bartel, Garmin vice president of global consumer sales.