Global Marine Autopilot Market 2024-2030

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    MARINE AUTOPILOT MARKET

     

    INTRODUCTION TO MARINE AUTOPILOT MARKET

    Marine autopilots were earlier reserved for bigger vessels and ships only but now they can be commonly found on boats more than 26ft in length.

     

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    An autopilot system comprises five main components: the control panel, the computer, the heading sensor, rudder drive and, a rudder-position sensor.

     

    MARINE AUTOPILOT MARKET DYNAMICS

    The biggest technology advancement in marine autopilots has been in the sense that today’s units can steer a far more accurate course, even in very challenging conditions, than early models.

     

    The use of microprocessors now allows automatic compensation for asymmetry, counter-rudder and course tracking easily available now. Wireless-remote autopilot controls are now gaining popularity.Some autopilots now even have Steer by wire capability

     

    Most of the autopilot technology now used in marine has migrated from aerospace.Tecnautic sells its products exclusively online and has pioneered the transfer of aircraft autopilot technology to the marine market.

     

    NKE’s GyroPilot developed in 1995 with a gyro compass that can output the rate at which a yacht is turning as well as its instantaneous heading now has a 3D sensor. The 3D sensor measures boat`s movement and orientation to provide accurate technical control data.

     

    GARMIN`s Reactor series of pilots is designed for both sailing and motor yachts.

     

    Raymarine is now using artificial intelligence (AI) to create its Evolution range of pilot computers which do not need human intervention to optimise settings as per conditions.

     

     

    Sr. No. Timeline Company  Update
    1 December 2021 B&G and Saffier Yatchs B&G partnered with Saffier Yachts to start a new model the SE 33 Life which will be equipped with the latest electronics from B&G including the Nemesis™ display with complete customization or easy to use multi-function templates and automatic dashboards based on your angle of sail.
    2 November 2021 Raymarine and Cyclops Marine Raymarine partnered with Cyclops Marine for LightHouse Hvar 3.16 Release, LightHouse Hvar 3.16 will incorporate several feature additions and include smart, wireless, load-sensing technology from Cyclops Marine.
    3 November 2021 Furuno and Radio Holland Furuno and Radio Holland prolonged their partnership with distributorship agreements involving the supply, installation and service of Furuno Navigation and Communication equipment. The companies have been working together in the global maritime market for more than 58 years.
    4 September 2021 Raymarine and Emerson Raymarine and Emerson partnered to deliver Raymarine DockSense Control, the recreational marine industry’s first intelligent object-recognition and motion-sensing assisted-docking solution.
    5 June 2021 B&G and Oyster Yachts B&G partnered with Oyster Yachts to make B&G the preferred electronics supplier across Oyster’s fleet of 50ft to 120ft sailing boats and the rollout will begin with the new Oyster 495.
    6 June 2021 Raymarine and Marinas.com Raymarine and Marinas.com partnered to bring better points of interest to Raymarine’s LightHouse Charts, enabling boaters to easily find and explore key inlets, marinas, waterfront communities, lighthouses, and other nautical destinations.

     

    MARINE AUTOPILOT MARKET SEGMENTATION

    Marine Autopilot Market By Product

    Marine Autopilot Market By Yacht length

    • Under 35 ft
    • 36-60ft
    • More than 60 ft

    Marine Autopilot Market By Region

    • US
    • Europe
    • Asia
    • Rest of the world

     

     

    MARINE AUTOPILOT MARKET SIZE AND FORECAST

    In coming years, we can expect improved auto pilots with better algorithms and more data inputs will steer vessels more efficiently, The global Marine Autopilot market is estimated at $XX Billion in 2022, growing at –% CAGR till 2030.

     

    MARINE AUTOPILOT MARKET NEW PRODUCT LAUNCH

    Introducing a New Autopilot System from JRC/Alphatron Marine A new autopilot system designed to make ships safer and more effective has been released, according to JRC/Alphatron Marine.The flexible AlphaPilot MFS-VR, which employs speed and draught data, is appropriate for a variety of vessel types, including workboats, rapid crew tender vessels, fishing boats, tugboats, pleasure ships, and more.

     

    This new pilot can be retrofitted to older versions or any other autopilot as a replacement for the AlphaSeaPilot MFC and MFA system.The employment of an automatic system to steer a ship is known as autopilot. By minimizing the large angle rudder movements required to maintain a steady course, using an autopilot can save fuel usage.

     

    A type-approved, speed-adaptive, and wheel-marked autopilot system is the new MFS-VR. It has been specially type approved for High-Speed Craft (HSC) that complies with ISO-16329 and may be utilized for vessels up to 30 knots (non-High-Speed Craft), giving it an overall speed application range for vessels up to 70 knots.

     

    The entire system includes a five-inch multicolor touchscreen display with rotary knob for always-smooth operation and a separate distribution box to talk to all required external data signals.The distribution box is next to it, and it features a number of terminals that can be used to directly link various steering systems, including solenoids, thrusters, waterjet control, and proportional valves.

     

    Any commercial or recreational vessel with a single rudder, linked rudders, independent rudders, or azimuth Z-drives layout can have the adaptive AlphaPilot MFS-VR installed on it. The control unit is small enough to fit inside a chair’s armrest.

     

    MARINE AUTOPILOT MARKET COMPETITIVE LANDSCAPE

    There are more than 15 vendors in Marine autopilot market. Raymarine, the leader in marine electronics, system comprises a central course computer, a rudder drive unit and a control head. 

     

    Furuno offers the Navpilot 500, a microprocessor-based design which provides adaptive learning, enabling the autopilot to progressively enhance its ability.

     

    Navman`s Autopilots can be used with a variety of rudder drive systems to serve a wide variety of vessels. 

     

    AutoNav’s autopilot range extends from vessels with 20 length feet to bigger container carrying ships. B&G now owned by Simrad offers three autopilots: h1000(entry level) and the H2000 systems, the Hercules and Hydra.

     

    Simrad’s autopilots are designed for power as wellas sail yachts upto 60 feet. The autopilot is available in two fixed-mount configuration. Simrad has also created a marine autopilot specially adapted for vessels equipped with the Volvo Penta IPS drive.

     

    ComNav`s product range includes the 1420 and 1500, primarily intended for small recreational vessels, the 1201 workboat autopilot and the 1001, 1101, 2001 and 5001.

     

    Sr. No. Timeline Company  Sales
    1 Q3-2021

    (Ending September 2021)

    Garmin Garmin recorded a total revenue of $1.19 billion, a 7% increase over the prior year quarter and net sales were $1.19 billion, a 7% increment from the year-ago quarter. These sales reflect Garmin’s strong momentum across marine, aviation, auto and fitness segments.
    2 Six months ended 08/31/2021 Furuno Electronics For six months ending 31st August 2021, Furuno Electronics recorded net sales of 43,139 million yens ($377M), a 9.8% increment from the same period last year. The operation profit was 2,900 million($25M) yens which is 74.0% higher than same period, the previous year.
    3 Q3-2021

    (Ending September 2021)

    Raytheon Marine Raytheon Technologies reported third quarter sales of $16.2 billion and net income from continuing operations of $1.4 billion, which included $496 million of acquisition accounting adjustments and net significant and/or nonrecurring charges.

     

    MARINE AUTOPILOT MARKET COMPANY PROFILES

    1. Raymarine
    2. B&G
    3. NKE
    4. Furuno
    5. Accu-Steer
    6. COMNAV Marine
    7. AutoNav
    8. Raytheon Marine
    9. Sperry Marine
    10. GARMIN

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS OF MARINE AUTOPILOT MARKET

    1. Market Size and Forecast (2023-2030), Units and $M
    2. Market split by region, end use segment and Application
    3. Market share of leading vendors, 2022
    4. COVID impact on Marine Autopilot market and suppliers` earnings
    5. Marine Autopilot Technology trends
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
       
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