GLOBAL MARINE NAVIGATION SYSTEM MARKET

INTRODUCTION

Navigation system is a set of systems that provides or assists its user to reach his/her desired destination by reduced time and minimum distance. It is classified in 4 different types:

• Land Navigation
• Marine Navigation
• Aeronautical Navigation
• Space Navigation

All the defined navigation system complexities depend on their application. Marine Navigation has a wide variety of uses like fishing boats, Cruise Ships, Merchant ships, Container Ships, Shipping Vessels; each has a different type of set path that needs to be followed on the instruction of the navigator.

The Navigation system technology is growing day by day because of the maximum trading path of goods from countries to countries taken from the Ocean. Satellites have started playing the most important role on the Global Navigation system due to which overall precision and accuracy of the Marine system has increased and real time Global position of ships can be seen through it.

In old times the big chart and mechanical instruments were used for locating and estimating the current position and direction of the ship. As technology advanced the paper chart has been reduced to a smart screen navigation system.

The evolution of Marine system starts from direction finding, Instruction for sailing (guide), Distance and measurement introduced to estimate the duration of journey, Magnetic compress introduced for direction, etc..

GLOBAL MARINE NAVIGATION SYSTEM MARKET DYNAMICS

The global marine navigation system mainly depends on ocean traffic. Global sea related trades are continuously determined by the development in the world economy and trade. Now the families and people around the world have started taking interest in travelling around the world via a sea route.

Sea tourism is increasing day by day. The price range, complexity, size, accuracy varies from ship to ship, and like War ship requires a high degree of accuracy and a wide range with quick response time. Few companies like Northrop Grumman, Wartsila, Raytheon Anschuetz, Kongsberg Maritime covers more than 80% of market share around the world. New players have started emerging as well around the globe due to increase in the demand of the system.

The market is mainly divided in North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and African Countries.

GLOBAL MARINE NAVIGATION SYSTEM MARKET SEGMENTATION

By Type

• Chart Plotter
• Electronic Navigation System
• Electronic Chart display and information System
• Vector Electronic Navigation Chart
• Rastor Chart Display System

By End User

• Defence
• Commerical

By Application

• Ship
• Remotely Operated Underwater Vehicles
• Autonomous Underwater Vehicle
• Boat

IMPACT OF COVID ON GLOBAL MARINE NAVIGATION SYSTEM MARKET

Coronavirus has a huge impact on transportation as well as trade of goods and services of countries all over the world. The closure of market and manufacturing factories has forced the countries to use the buffer stock for survival and to fulfill the basic needs.

When the lockdown phase started the huge number of cruise ships, container ship vessels, submarines, fish boats, etc. were in the ocean and the navigation system helped them out to reach their nearest destination in a quicker time.

The demand of personal yacht and boats is increasing after the coronavirus lockdown was lifted that has put the pressure on ancillary and part manufacturing companies to cope up with demand. The European, and US market demand has increased to a specific class of boat that required the well-equipped Navigation system for its guidance.

GLOBAL MARINE NAVIGATION SYSTEM MARKET SIZE AND FORECAST

The Global Marine Navigation system is estimated to be $XX billion in 2020, expected to be $XX billion in 2025 and expected to grow by a CAGR of XX% for 2020-2025 period.

The main demand is basically concentrated in 3 regions named as Europe, East Asia, and North America. Developed countries like the USA, UK, etc. and developing countries like China, India, etc. are already spending a lot in improving and adding new features to the navigation system.

The defense manufacturers are actually concentrating their work for introducing and developing the navigation system to a greater extent. Each country introduced a budget for improving their internal and national security including the budget of the navy. In recent years countries like India, China, Australia, Japan, Malaysia, South Korea, and the United Kingdom have increased their expenses in these sectors.

Now some countries have opened the market player to contribute and develop the technology for the improvement of defense of the country has helped out in boosting the Navigation system quality, decrease in price, economical, size, etc..

The future of Marine Navigation is going to be wireless, Voice command oriented fully automated system, although the size of antenna is important for the transmitting of data from source to current ship position, but the companies are working a introducing new material and microprocessor in high complexity which can perform the pile of data in few milliseconds.

The above specification is increasing the cost of the system but due to introduction of multi players in the market the price of product may decrease in future.

The Recreational Boat market has accelerated at a very high rate in recent years especially in developed countries for pleasure and travel. Many companies provide custom recreational boats as per demand by customers. The Navigation system in these boats has to be reliable since the owner may or may not be expert in using the navigation system.

The complexity of showing data may be decreased so that a normal person can understand the basic required details for their travel destination. This has led the companies to design and manufacture the Navigation System that can be easily understood and operated by normal humans instead of professionals.

LATEST TRENDS IN THE MARINE NAVIGATION MARKET

NEW PRODUCT LAUNCH IN GLOBAL MARINE NAVIGATION SYSTEM

Garmin claims that its new GHC 50 autopilot display, which features a bright five-inch touchscreen, would make it easier to control and understand its autopilots (specifically GHP Reactor).

They're thrilled to add a modern display to the tried-and-true Reactor autopilot series, which will make navigation easier and more convenient. The GHC 50 complements any Garmin glass helm with its larger, more colourful display that's easier to view day or night. It's designed for both powerboats and sailboats.

The GHC 50's anti-glare display makes setup and controlling the autopilot a breeze. It appears to communicate through NMEA 2000 with any Garmin Reactor autopilot system, allowing autopilot heading data to be easily shared with other devices. Select Quatix marine smartwatches, the Garmin autopilot remote, and the GRID 20 remote can all be used to control the GHC 50 wirelessly.

Two new models that NOAA has deployed will give continuous, high-quality data on water levels, currents, water temperature, and salinity out to a 72-hour period along the West Coast and Northern Gulf of Mexico.

 In addition to the entire Northern Gulf, which includes the mouth of the Mississippi River, Lake Pontchartrain, and the Texas border, these models will also cover the entire West Coast from Baja Mexico to British Columbia.

The data from the West Coast model will help mariners navigate their local waters safely and effectively, aid the Coast Guard in search and rescue operations, predict the distribution of protected species, help with the response to environmental hazards, and aid commercial fisheries in better planning their trips out to sea while saving time and money.

 The Integrated Northern Gulf of Mexico model combines three current models into a single enhanced model that offers information essential for scientific, environmental, and navigational decision-making.

 It also offers apps for federal, state, and local government entities, academic institutions, research labs, and ocean and fishing communities.

Additionally, this model's scope was extended south of the Mexican border to aid in the forecasting of harmful algal blooms. This updated model will now be advantageous to numerous Gulf seaports that rank highly in terms of tonnage.

At order to create a national backbone of real-time data, tidal predictions, data management, and operational modelling, NOAA's network of operational forecast models is being installed in important ports, harbours, estuaries, the Great Lakes, and coastal waters of the U.S. The nation's waterways are made safer by this network for marine travel.

KEY PLAYERS OF GLOBAL MARINE NAVIGATION SYSTEM

INNOVATION

Wireless Energy-Aware Sensors' Potential for Smart Factories in the Industry 4.0 Era.Modern factories are increasingly dependent on advanced sensors since they help by collecting extensive data regarding equipment, processes, and human-machine interaction.

They are crucial to enhancing supply chains, in-factory logistics, predictive maintenance, and manufacturing performance in general. Due to their flexibility and ease of deployment, wireless sensors and wireless sensor networks (WSNs) provide substantial advantages in this context.

By removing wires and preinstalled infrastructure, they have decreased installation and maintenance costs and enhanced dependability. In order to offer direct information from within the processes, WSNs can be installed into equipment.

A dependable use of wireless sensors in smart factories is now possible because of recent advancements in energy harvesting (EH) and wireless energy transfer.

A broad overview of the possibilities of energy-aware WSNs for industrial applications and illustrates useful methods for implementing a sustainable energy supply based on energy collection and energy transfer.

The emphasis is on high-performance converter solutions, frequency and bandwidth enhancements, hybridization of the converters, and the most recent developments in flexible converter technology.

Opportunities to improve network efficiency and operability by reducing energy consumption in wireless communication at both the node and network levels.

Energy conscious WSNs may currently be realised for numerous applications in smart factories based on the available technology. They are anticipated to play a significant role in the future as a digitalization facilitator in this important economic sector.

RECENT DEVELOPMENT AND INNOVATION

Talin are built usingHoneywell'smarket-leading, high-accuracy ring laser gyro and accelerometers for unrivaled performance.

 The TALIN Marine Inertial Navigation System (MINS), which combines the capabilities of an INS and an attitude heading and reference system (AHRS) in a single solution, was created specifically to meet the specific needs of the naval market. 

It provides data on heading, pitch and roll, angular velocity, and heave. The TALIN MINS is adaptable and dependable, with a mean time between failure (MTBF) of more than 50,000 and the ability to be hard mounted in any direction.

Advanced navigationequipment and AI-based maritime navigation systems are frequently used in marine navigation applications. 

Ahead-of-the-curve inertial navigation systems for marine navigation Navigating crewed vessels, autonomous uncrewed surface vessels (USV), and conducting hydrographic surveys are just a few maritime applications that can benefit from the use of MEMS and fiber-optic gyroscope (FOG) based inertial navigation systems (INS). 

 Marine applications require equipment that can resist demanding circumstances and assist clients provide improvements in efficiency, safety, and lower carbon footprint. 

They also see the necessity of creating tools and navigation systems for marine users that will not only benefit business but also help us engage with the marine environment more effectively.

 Applications used by the clients span a wide range, from competitive yacht navigation to vessel navigation, hydrography, research, and inspection of important infrastructure.

RECENT PARTNERSHIP AND DEVELOPMENT

The Safety Contour can now be automatically displayed continuously in red, yellow, or orange (users can set the arbitrary color that they can easily smell the risk), supporting the navigators' situation awareness visually. 

The previous system required manual setting to display shallow areas. 24 MOL-operated very large crude carriers (VLCCs) already have the AR navigation system fitted. MOL is moving forward with tests on the technology and intends to install it on more vessels in the future.