Integrated Bridge System Global Market Report 2024

Description

Integrated Bridge System Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on integrated bridge system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for integrated bridge system? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The integrated bridge system market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Component: Hardware; Software
2) By Ship Type: Commercial; Defense
3) By Subsystem: Integrated Navigation System; Voyage Data Recorder; Automatic Weather Observation System; Automatic Identification System; Other Subsystems
4) By Application: Vessels; Megayachts; Tankers; Container Ships; Cruise Ships; Naval Surface Ships
5) By End-User: OEM; Aftermarket
Companies Mentioned: Sperry Marine Northrop Grumman; Praxis Automation Technology B.V.; Admarel BV; Hensoldt UK; Prime Mover Controls Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

An Integrated Bridge System (IBS) represents an interconnected network of systems facilitating centralized access to sensor data or command and control. Its purpose is to enhance the safe and efficient management of ships by duly certified personnel. This system allows for centralized monitoring of multiple navigational tools.

The key components encompass both hardware and software. Hardware denotes the tangible elements of computers and related devices. Ship categories encompass commercial and defense vessels. Subsystems within this system include an integrated navigation system, voyage data recorder, automatic weather observation system, automatic identification system, among others. These subsystems are applied across various vessels such as megayachts, tankers, container ships, cruise ships, and naval surface ships. They find utilization in both Original Equipment Manufacturer (OEM) setups and aftermarket installations.

The integrated bridge system market research report is one of a series of new reports from The Business Research Company that provides integrated bridge system market statistics, including integrated bridge system industry global market size, regional shares, competitors with an integrated bridge system market share, detailed integrated bridge system market segments, market trends and opportunities, and any further data you may need to thrive in the integrated bridge system industry. This integrated bridge system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The integrated bridge system market size has grown strongly in recent years. It will grow from $7.37 billion in 2023 to $7.75 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The expansion observed in the past period can be linked to factors such as adherence to maritime safety regulations, heightened global trade engagements, prioritization of crew training and workload optimization, the pursuit of fuel-efficient practices, a growing consciousness regarding navigation safety, and the global integration of the shipping industry.

The integrated bridge system market size is expected to see steady growth in the next few years. It will grow to $9.42 billion in 2028 at a compound annual growth rate (CAGR) of 5.0%. The projected growth within this period finds its roots in several key factors such as the upsurge in vessel traffic at ports, a notable shift toward autonomous shipping, heightened attention to environmental compliance, the burgeoning expansion of cruise and passenger shipping, the increasing demand for offshore support vessels, and a growing focus on remote monitoring and diagnostics.

The projected increase in global seaborne trade is poised to propel growth in the integrated bridge system market. Seaborne trade denotes the difference between loaded and discharged goods, and the integrated bridge system (IBS) facilitates sensor data acquisition for tasks such as navigation, communication, safety, and machinery control in maritime commerce. According to the UN Conference on Trade and Development (UNCTAD) in 2021, maritime trade is expected to grow annually by 3.4% over the next five years, affirming the driving force behind the integrated bridge system market's expansion.

The anticipated rise in defense expenditure is set to drive growth within the integrated bridge systems market. This expenditure encompasses financial resources allocated by a state for defense purposes, enabling the adoption of advanced IBS solutions. These systems play a crucial role in enhancing maritime security, situational awareness, and operational efficiency for naval fleets. Notably, the Stockholm International Peace Research Institute reported in April 2022 that global military spending reached an unprecedented $2.1 trillion in 2021, underlining the catalyst behind the integrated bridge systems market's growth.

Technological advancement emerges as a pivotal trend in the integrated bridge systems market. Key industry players are focused on innovating new product solutions to enhance their market position. For example, in May 2022, China Railway Hi-tech Industry Corporation introduced intelligent pile-beam integrated bridge-building machines based on BeiDou positioning technology. This innovation significantly boosts efficiency, reduces construction costs, environmental impact, and enhances construction safety compared to traditional methods.

Innovation remains a cornerstone strategy for major companies within the integrated bridge systems market. These innovations involve continuous development and integration of advanced features to optimize maritime navigation, safety, and operational efficiency. For instance, in November 2022, Radio Zeeland DMP launched the Z-bridge-a comprehensive solution tailored for land and marine seismic crews. This system integrates navigation displays, controls, and communication equipment for enhanced safety and operational functionalities, offering a holistic approach to customers with a focus on automation, security, and connectivity.

In March 2023, Dieter Murmann Beteiligungsgesellschaft (DMB), a German industrial firm, completed the undisclosed acquisition of Anschutz. This strategic move bolsters DMB's maritime portfolio significantly, positioning them to broaden their customer reach through Anschutz's extensive German and international maritime research initiatives. Anschutz, renowned for its ship navigation systems and maritime solutions, operates out of Germany.

Major companies operating in the integrated bridge system market report are Sperry Marine Northrop Grumman, Praxis Automation Technology B.V., Admarel BV, Hensoldt UK, Prime Mover Controls Inc., OSI Maritime Systems, Wartsila Valmarine AS, Alphatron Marine, Consilium Marine & Safety Ab, Danelec Marine A/S, Furuno Electric Co Ltd., Norwegian Electric Systems As, GEM elettronica, L3 Mapps Inc., Mackay Communications Inc., Marine Technologies LLC, Alfa Laval Corporate AB, Atlas Elektronik GmbH, BAE Systems PLC, Elcome International LLC, Emerson Electric Co., Fincantieri S.p.A., Garmin Ltd., General Dynamics Corporation, Hatteland Display AS, Honeywell International Inc., Hyundai Heavy Industries Co. Ltd., Japan Radio Co. Ltd., Kelvin Hughes Limited, Leonardo S.p.A., Lilaas AS, Mitsubishi Electric Corporation, Navico Holding AS, Raytheon Technologies Corporation, Rolls-Royce Holdings PLC, Saab AB

Asia-Pacific was the largest region in the integrated bridge system market in 2023. The regions covered in the integrated bridge system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the integrated bridge system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The integrated bridge system market consists of ship movement control systems, navigation systems, mapping systems, radar systems, and other types. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r12815

1. Executive Summary

2. Integrated Bridge System Market Characteristics

3. Integrated Bridge System Market Trends And Strategies

4. Integrated Bridge System Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Integrated Bridge System Market Size and Growth

5.1. Global Integrated Bridge System Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Integrated Bridge System Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Integrated Bridge System Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Integrated Bridge System Market Segmentation

6.1. Global Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Hardware
Software
6.2. Global Integrated Bridge System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Vessels
Megayachts
Tankers
Container Ships
Cruise Ships
Naval Surface Ships
6.3. Global Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
OEM
Aftermarket

7. Integrated Bridge System Market Regional And Country Analysis

7.1. Global Integrated Bridge System Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Integrated Bridge System Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Integrated Bridge System Market

8.1. Asia-Pacific Integrated Bridge System Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Integrated Bridge System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Integrated Bridge System Market

9.1. China Integrated Bridge System Market Overview
9.2. China Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Integrated Bridge System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Integrated Bridge System Market

10.1. India Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Integrated Bridge System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Integrated Bridge System Market

11.1. Japan Integrated Bridge System Market Overview
11.2. Japan Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Integrated Bridge System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Integrated Bridge System Market

12.1. Australia Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Integrated Bridge System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Integrated Bridge System Market

13.1. Indonesia Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Integrated Bridge System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Integrated Bridge System Market

14.1. South Korea Integrated Bridge System Market Overview
14.2. South Korea Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Integrated Bridge System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Integrated Bridge System Market

15.1. Western Europe Integrated Bridge System Market Overview
15.2. Western Europe Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Integrated Bridge System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Integrated Bridge System Market

16.1. UK Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Integrated Bridge System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Integrated Bridge System Market

17.1. Germany Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Integrated Bridge System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Integrated Bridge System Market

18.1. France Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Integrated Bridge System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Integrated Bridge System Market

19.1. Italy Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Integrated Bridge System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Integrated Bridge System Market

20.1. Spain Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Integrated Bridge System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Integrated Bridge System Market

21.1. Eastern Europe Integrated Bridge System Market Overview
21.2. Eastern Europe Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Integrated Bridge System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Integrated Bridge System Market

22.1. Russia Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Integrated Bridge System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Integrated Bridge System Market

23.1. North America Integrated Bridge System Market Overview
23.2. North America Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Integrated Bridge System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Integrated Bridge System Market

24.1. USA Integrated Bridge System Market Overview
24.2. USA Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Integrated Bridge System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Integrated Bridge System Market

25.1. Canada Integrated Bridge System Market Overview
25.2. Canada Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Integrated Bridge System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Integrated Bridge System Market

26.1. South America Integrated Bridge System Market Overview
26.2. South America Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Integrated Bridge System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Integrated Bridge System Market

27.1. Brazil Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Integrated Bridge System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Integrated Bridge System Market

28.1. Middle East Integrated Bridge System Market Overview
28.2. Middle East Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Integrated Bridge System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Integrated Bridge System Market

29.1. Africa Integrated Bridge System Market Overview
29.2. Africa Integrated Bridge System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Integrated Bridge System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Integrated Bridge System Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Integrated Bridge System Market Competitive Landscape And Company Profiles

30.1. Integrated Bridge System Market Competitive Landscape
30.2. Integrated Bridge System Market Company Profiles
- 30.2.1. Sperry Marine Northrop Grumman
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Praxis Automation Technology B.V.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Admarel BV
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Hensoldt UK
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Prime Mover Controls Inc
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Integrated Bridge System Market Competitive Benchmarking

32. Global Integrated Bridge System Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Integrated Bridge System Market

34. Integrated Bridge System Market Future Outlook and Potential Analysis

34.1 Integrated Bridge System Market In 2028 - Countries Offering Most New Opportunities
34.2 Integrated Bridge System Market In 2028 - Segments Offering Most New Opportunities
34.3 Integrated Bridge System Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer