Marine Electronics Global Industry Market Report 2024-2030: Advancements in GPS, Radar, and AIS Systems, & Growing Importance of Vessel Fuel Efficiency and Route Optimization Propels Deman...
ENI S.p.A. (E)
US:NYSE Investor Relations:
eni.com/en_it/investors.page
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Source: Yahoo! Finance
The global market for Marine Electronics was estimated at US$6.2 Billion in 2023 and is projected to reach US$8.4 Billion by 2030, growing at a CAGR of 4.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The growth in the global marine electronics market is driven by several factors, including advancements in navigation technology, increasing regulatory pressures, and the expanding global maritime trade. One key driver is the increasing adoption of smart navigation systems, which offer real-time data and automated features to optimize vessel operations and reduce operational costs. The global push toward reducing greenhouse gas emissions in the shipping industry has also spurred demand for marine electronics that support compliance with environmental regulations. Additionally, the rise of autonomous vessels and the integration of AI-powered solutions for route optim
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