01 March 2020
Visiongain has launched a new report Integrated Bridge Systems Market Report 2020-2030: Forecasts by Component (Small Ship Components, Medium Ship Components, Large Ship Components), by Module (Radar Systems, Communication Console, ECDIS), by Software Providers (Synapsis NX, K – Bridge, Sensor Integrator (SINT), Visionmaster FT, Napa Logbook, Naviplanner 4000) PLUS Profiles of Leading Companies and Regional and Leading National Market Analysis.
The global Integrated Bridge Systems market is expected to grow at a lucrative rate during the forecast period. Some of the factors such as increase in the number of global seaborne activities, growing maritime tourism sector and stringent maritime safety norms for ship-owners are expected to fuel the Integrated Bridge Systems market growth through the forecast period. The Integrated Bridge Systems market can be segmented based on Application, Installation and Mode of operation, and region.
Integrated Bridge System is defined as the combination of systems used to monitor bridge operations primarily in the shipping industry and efficient bridge management for enhanced safety operations. These systems are also deployed to assist in the acquisition and monitoring of sensor information of several operations including communication, passage execution, machine control, and security & safety among others. Although these systems are been around for many years currently companies are primarily focusing toward ds developing devices with enhanced ergonomic design capabilities supporting ease of operation and maintenance.
Further, companies are focusing on the development of devices capable of fulfilling the demand for industry governing standards which includes the development of wind measuring equipment as per the provisions and performance standards of the International Marine Organization (IMO).
End-users of the shipping are primarily seeking solutions capable of offering improved safety, greater convenience, enhanced flexibility, increase efficiency, total support, and type-approved performance standards. These companies must also provide a 24/7 service towards the support and development of installed systems with prompt shipboard maintenance and repair services with a wider seaport network in the operating area. One of the major companies identified offering a full range of such services is Northrop Grumman Sperry Marine with an extensive presence in Europe, the Americas, Africa, and Asia and employs more than 500 people.
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Some of the players operating in the Integrated Bridge Systems market include Northrop Grumman Sperry Marine, The Raytheon Company, Furuno Electric Co. Ltd., Kongsberg Gruppen ASA, Transas, Consilium AB, Wartsila, Valmarine, Tokyo Keiki Inc., Marine Technologies, LLC, Praxis Automation Technology, Rolls Royce, L3 Communications, Mapps Inc. These companies are increasingly focusing on research and development activities so as to gain competitive advantage. The players are also taking various strategic initiatives such as mergers, acquisitions, and partnerships so as to increase their presence in the global market.
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