Marine Electronics Market: Get Facts, CAGR, Revenue &
Business Strategies 2018-2026
Marine Electronics Market study provides key insights about market
drivers, restraints, opportunities, new product launches or approval,
regional outlook, and competitive strategies adopted by the leading
players.
Marine electronics are specially designed electronic devices used in ships, yachts or boats, which
have water proofing or water corrosion resistance properties that protect ships, boats or yachts
from salty water, brackish water, and irregular waves. These devices come in sizes ranging from
7 inches to 19 inches. Each marine device has its own specific function. Electronic devices that
are used in marine environment comprise global positioning system devices (GPS), radio
detection and ranging (RADAR) and video displays, chart plotters, sound navigation and ranging
(SONAR) systems, radar displays used to give radar data to operator, and chart plotters used in
navigation application.
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Ability of marine electronics to withstand extreme weather conditions is one of the major
factors driving growth of the market
The marine environment is subjected to extreme weather conditions such as change in
temperature, exposure to direct sunlight, salty water, vibrations, and environmental
condensation. The marine vessels that are constantly exposed to such conditions require