GLOBAL YACHT ELECTRONICS MARKET
INTRODUCTION
Yacht industry is becoming more and more dependent on two basic things; design or comfort and electronic installations which allow a larger number of people to become Seamans or yacht masters. The full systems of marine electronics and communications allow less skilled skippers to navigate in a relatively safe way. What are the minimum required navigation, safety and communication instruments is already known from national regulations, but usually for unskilled Seamans those are not enough
NMEA protocol allows electronic communication between all yacht`s electronic instruments. Data, commands and status of all equipment is now compatible. Hydrographic activity has a great contribution to the economic evolution of countries and coastal cities in different branches. Particularly in port activity, transportation and tourism.
The function of a yacht’s electrical distribution system is to safely convey electrical power to every item of equipment connected to it. The most obvious element in the system is the main switchboard. The main board supplies bulk power to motor starter groups (often part of the main board), section boards and distribution boards.
The Yacht electronics have taken tasks like navigation, which once required years of learning to master, and made them as simple as pressing a few buttons or swiping on a touch screen. There are still some rather complex tasks and gear involved when one considers operating some large yacht vessels.
GLOBAL YACHT ELECTRONICS MARKET DYNAMICS
A yacht is a craft used for pleasure and sport. The name comes from the Dutch word jaght, which translates as ‘hunter’, a fast, light sailing vessel used in the past by the nation’s navy to chase pirates and other ne’er-do -wells. Super yachting” is officially one of the world’s most extravagant hobbies.
Development and practical use of the mentioned standard is good not only for manufacturers and sellers, but also for users. From the user’s point of view the advantage is in the ability to connect all instruments of the yacht electronics components and systems within a single network in contrast to the previous standard which allows only the connection of instruments of the same manufacturer.
A ship is equivalent to a floating city that enjoys almost all privileges available to any operational set-up on land. Just like any conventional city, the yacht also requires the basic amenities to sustain life on board, the chief among them being power or electricity. Electricity on yachts is generated by an alternator or generator. To have these generated, maintained and monitored various electronics are essential at various points which gives the edge on the yacht’s control requirements.
The global market has seen a dynamic change in the adoption of the electronic components within yacht construction considering their increased safety preferences. GPS, Radar, VHF and AIS from manufacturers such as Garmin, Ray marine, Icom, Standard Horizon & Lowrance have been one of the major contributors towards electronics manufacturing and integration at various levels of requirements.
GLOBAL YACHT ELECTRONICS MARKET SEGMENTATION
The Global Yacht Electronics Market can be segmented into following categories for further analysis.
By Boat / Ship Infrastructure Volume Type
- 75 to 120 Feet
- 121 to 250 Feet
- Above 250 Feet
By Component Type
- Hardware Component Based
- Software Component Based
By Product Technology Type
- RADAR
- SONAR
- GPS
- Other Display based sensors
By Application Type
- Navigation
- Communication
- Automation
- Security
- Entertainment
By Regional Classification
- Asia Pacific Region – APAC
- Middle East and Gulf Region
- Africa Region
- North America Region
- Europe Region
- Latin America and Caribbean Region
RECENT MARKET TECHNOLOGICAL TRENDS IN GLOBAL YACHT ELECTRONICS MARKET
The world of marine electronics evolves at a mind-boggling pace, with remarkable advancements emerging every month or two. With the daily increasing requirements of tracking and better-established communication possibilities, these electronics place themselves as the saviours in the ocean.
Navigation/mapping applications and software are more and more popular and numerous for Android or Apple products and now most of them support NMEA data allowing your tablet, smartphone, laptop to become a complete and trusted navigation system. Portable Navigation as being able to use a laptop, tablet, smartphone for navigation and mapping. With the rise of technology, portable navigation is becoming more and more common.
There are numerous benefits of using an iPad or tablet for navigation. Obviously, the financial aspect is the most important for portable navigation, where a simple system allows you to get all navigation data on your mobile devices. With most people already owning a tablet or smartphone, the user only needs to purchase the product needed to transmit the data to these devices.
Automatic Identification System (AIS) is the name given to an international maritime communications protocol developed back in the late 90s. AIS is now one of the most widely used and significant navigation safety technologies since the introduction of radar.
The system was originally developed as a collision avoidance tool to enable commercial vessels to ‘see’ each other more clearly in all conditions and improve the helmsman’s information about his surrounding environment. AIS is a MESH network using real-time data communications technology.
The IMO developed the standard to minimize the risk of collisions in the ocean when vessels may be out of range of any land-based system so it can’t rely on a central network. An AIS transponder is a mandatory fit on all vessels greater than 300 tonnes or carrying 12 or more passengers.
COMPETITIVE LANDSCAPE
With the cruising industry in tatters and the desire for remote travel greater than ever, chartering a yacht with luxury amenities and requirements has been a major focus in recent days. This has generated various ideas of long week chartering and better technological implementation within the yacht for better monitoring services for the stakeholder as well as the person involved in the chartering process.
Ray marine electronics has been part of the largest yacht electronics on a global scale of production. It has integrated the technologies of electronic and navigation requirements within various yachts. From the powerful Axiom multifunction display, award winning Evolution autopilots, compact but powerful Ray marine i40 instrument displays series through to the high-end, large screen i70s instrument displays, Ray marine has been the technology provider on various yacht manufacturing requirements.
Ray marine instruments are world renowned for accuracy, innovative features and high-performance. From the space saving i40 series to the multifunction i70s series, there are Ray marine instruments available to fit every boater’s requirements. The other product of ClearCruise™ AR brings enhanced on water perception to Ray marine’s family of Axiom® multifunction displays, overlaying chart objects, waypoints and AIS targets onto a live dynamic video image.
The Furuno Marine Systems has been a major contributor to Yachts Electronics manufacturing segment which is involved in manufacturing of the Omni Sonars in the Global market. Omni Sonar has been around for more than 40 years, the Furuno offers a few different models of Omni Sonar, but the CSH8LMK2, or “8L,” is the most popular sport fishers. The 85 kHz unit blasts out a mid-frequency, 360-degree transmission about five times every second. This lets the captain, or in many cases a crewmember whose job it is to watch the sonar all day, see what’s going on around the boat in real time.
COMPANIES PROFILED
- Ray marine Electronics
- B & G Sailing
- Adveto – Advanced Technology AB
- Beijer Electronics
- Sea Tel Cobham
- Garmin
- Intellian
- Consilium
- SI TEX Marine
- A+T Instruments
- Nexus
- Simrad
- Atlantic Marine Electronics
- Komarine
- SRT Marine Systems
- Navico
- Furuno Electric
