About Marine Infotainment System
High Growth in Cruise Tourism and Incorporated Digital Infotainment Systems are the factors driving the marine infotainment system market. The marine infotainment system is an integration of information, communications, entertainment, safety and navigation in all the marine vessels, for example, cargo vessel to transport goods, cruise ship full with full of entertainment, luxury and comfort, warship to protect the water boundaries of a country. However, problems with on-voyage installation and high cost of marine infotainment system are hampering the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that European Manufacturers will contribute the maximum growth to Global Marine Infotainment System market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Wärtsilä (Finland), Eaton (Ireland), Robert Bosch GmbH (Germany), Zenitel (Norway), Alphatron Marine (Netherlands), Clarion Marine Systems (Japan), FUSION Entertainment (New Zealand), Aquatic AV (United States), Concord Marine Electronics (United States) and West Coast Canvas (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Marine Infotainment System market by , Application (Terrestrial and Cable, Electronic Program Guide (EPG), Internet Radio, Vessel Information, Interface to External Video Sources (CCTV Systems), IP Multimedia Communication Systems and Others) and Region.
On the basis of geography, the market of Marine Infotainment System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End User, the sub-segment i.e. Passenger Ship Infotainment will boost the Marine Infotainment System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Marine Vessel, the sub-segment i.e. Service Vessels will boost the Marine Infotainment System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The advent of Internet Protocol Infotainment Systems
Market Growth Drivers:
High Growth in Cruise Tourism and Incorporated Digital Infotainment Systems
Challenges:
Problems with On-Voyage Installation
Restraints:
High Cost of Marine Infotainment System
Opportunities:
Advanced Entertainment System for Cruise Ships
Market Leaders and their expansionary development strategies
In January 2020, Sony Electronics Inc. has launched new DSX-M80 marine media receiver, offering deep, clean sound and advanced smartphone connectivity. The new launch High-power, Built-in Class D Amplifier – With a massive 4 x 100W(max.) / 4 x 45W(RMS) built-in amplifier, the sound remains clean and powerful even when the volume is turned up.
On July 15, 2019 - JRC/Alphatron Marine announces the introduction of a new 5-inch touch screen controlled Class A VHF radio (JHS-800S). The all-in-one unit (control unit with the speaker, radiotelephone and DSC) has high sensitivity performance, crystal clear Hi-Fi audio quality via the built-in speaker and protection rate of IP56.
Key Target Audience
Marine Infotainment System Providers, Suppliers of Raw Materials, Marine Industry, Electronic Industry, Governmental Bodies and Research Firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.