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1 MarketsandMarkets Publisher Sample Phone: (US) or or (Int'l) Hours: Monday - Thursday: 5:30am - 6:30pm EST Fridays: 5:30am - 5:30pm EST customerservice@marketresearch.com MarketResearch.com
2 ELECTRONIC CARTOGRAPHY MARKET By Application (Marine & Aviation in Commercial & Defense), By Components (Systems & Charts), By Marine Electronic Navigation Systems (ECDIS, ECS), By Aviation Electronic Navigation Systems (VLA, WBA, NBA), By Marine Electronic Charts Licensing Mode (PAYS, Direct), By Geography Forecasts and Analysis ( ) MarketsandMarkets
3 MarketsandMarketsis a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers fourteen industry verticals, including aerospace and defence, advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. Copyright 2014 MarketsandMarkets All Rights Reserved. This document contains highly confidential information and is the sole property of MarketsandMarkets. No part of it may be circulated, copied, quoted, or otherwise reproduced without the approval of MarketsandMarkets. MarketsandMarkets 2
4 1 INTRODUCTION 1.1 OBJECTIVES The electronic cartography market is forecast and analyzed from the period of 2014 to 2020 To provide the market statistics with respect to segmentation by geography, application, and components To identify the key trends in the industry and technology with respect to the electronic cartography market To analyze the market and identify new opportunities in the electronic cartography market for the stakeholders To provide a detailed description of the competitive landscape by identifying the market key players and developments To identify the drivers, restraints, and challenges in the electronic cartography market and analyze the degree of impact on the market To provide the profiling of the key stakeholders in the electronic cartography market along with their market share, developments, and investments To categorize the major players in the electronic cartography market, who are responsible for making major innovations and are the trend setters for the market 1.2 REPORT DESCRIPTION The report mainly focuses on the electronic cartography market and based on the available facts, presages the market size for the next six years It provides a detailed analysis of the key drivers, restraints, and challenges influencing the industry and depicts the impact analysis of the drivers and restraints The report contains a detailed description of upcoming industrial and market trends in the electronic cartography market MarketsandMarkets 3
5 A complete analysis and lay out of the electronic cartography market size and market share is detailed in this report The marine electronic cartography market is segmented and an overview of each of these segments is provided In this report, the major players are identified along with their contribution to the market share The report highlights the global market players and depicts the financial details, key product, unique selling points, and key developments of these companies The electronic cartography market is segmented into six regions and further into countries, playing a major role in the particular region The market is expected to see opportunities with respect to technological innovations. to achieve greater accuracy and efficiency in for data display and accessibility when at sea An increase in mutual procurements, technological advancements, and joint developments are anticipated MarketsandMarkets 4
6 1.3 MARKETS COVERED FIGURE 1 ELECTRONIC CARTOGRAPHY MARINE MARKET ELECTRONIC CARTOGRAPHY MARINE MARKET By application Commercial market Defense market By geography Asia Europe North America South America The Middle East Africa Systems ECDIS ECS/RCDS By components Charts (By licensing method) PAYS licensing Direct licensing By geography Asia Europe North America South America The Middle East Africa Source: Secondary resources, Expert interviews and MarketsandMarkets Analysis The figure above depicts the various markets covered for the electronic cartography marine market under various segments. The electronic cartography marine market is broadly classified into defense and commercial application. The defense market is further split by geography into six regions APAC, Europe, MarketsandMarkets 5
7 North America, South America, the Middle East, and Africa and key countries in the respective regions. The commercial market for marine electronic cartography is further split by geography and components. The two major components of the market are the electronic chart displays (ECDS) and electronic navigation charts. Electronic navigation charts are further classified by the licensing mode used for gaining access to the charts. The two modes of licensing are PAYS (Pay As You Sail) licensing and direct licensing. FIGURE 2 ELECTRONIC CARTOGRAPHY AVIATION MARKET ELECTRONIC CARTOGRAPHY AVIATION MARKET By application Commercial market Defense market By geography Asia Europe North America South America The Middle East Africa Electronic flight management systems Very large aircrafts Narrow body aircrafts Wide body aircrafts By components Charts By geography Asia Europe North America South America The Middle East Africa Source: Secondary resources, Expert interviews and MarketsandMarkets Analysis MarketsandMarkets 6
8 The figure above depicts the various markets covered for the electronic cartography aviation market under various segments. The electronic cartography aviation market is broadly classified into defense and commercial application. The defense market is further split by geography into six regions APAC, Europe, North America, South America, the Middle East, and Africa and key countries in the respective regions. The commercial market for aviation electronic cartography is further split by geography and components. The two major components of the market are the electronic chart displays systems and electronic navigation charts. The systems are further sub-segmented, as per the aircraft body types. 1.4 STAKEHOLDERS FIGURE 3 ELECTRONIC CARTOGRAPHY MARINE MARKET STAKEHOLDERS Research and consulting firms Original equipment manufacturers System integrators Naval services Stakeholders National hydrographic offices Navigation chart distributors Cartography associations and organizations Source: Source: Secondary resources, and MarketsandMarkets Analysis MarketsandMarkets 7
9 FIGURE 4 ELECTRONIC CARTOGRAPHY AVIATION MARKET Research and consulting firms Original equipment manufacturers System integrators Air force services Stakeholders Airline operators Aviation chart distributors Cartography associations and organizations Source: Source: Secondary resources, and MarketsandMarkets Analysis 1.5 RESEARCH METHODOLOGY This research study involves use of a wide range of secondary sources like directories, databases, websites, podcasts, articles, and press releases to collect information for extensive technical and commercial study of the electronic cartography marine market. The primary research comprised of interviews of several industry experts from core and related industries, and also of senior executives, and/or vice presidents of leading companies, focusing on the development of the electronic cartography market. Respondents were led through a questionnaire to gather quantitative and qualitative inputs on their operations, strategies, and views on the overall market. All information from primary sources was obtained to verify and consolidate the qualitative and quantitative information as well also gauge future prospects. To forecast the market for certain applications, the Top-Down deductive approach was used. MarketsandMarkets 8
10 The following illustrative figure shows the market research methodology applied in making this report. FIGURE 5 MARKET RESEARCH METHODOLOGY Secondary Research Technical information of electronic cartography systems and charts for navigation Key players Leading procurements and contracts Annual report of major industry players News and conferences Technological developments Market trends Primary Research Electronic cartography market revenue Competitive landscape validation Market dynamics Market trends & forecast Market Crackdown Top-Down approach Bottom Up approach Qualitative & quantitative analysis Electronic cartography market segmentation Source: MarketsandMarkets Analysis MARKET CRACKDOWN AND DATA TRIANGULATION The market size of electronic cartography for application is estimated by using the top-down bottom up approach in each region. Other research methodologies followed to calculate market size are laid down below. The key players in the electronic cartography market are identified by secondary sources and their market revenue was determined by the study of annual reports and interviews with key opinion leaders of the top market players. MarketsandMarkets 9
11 The geographical split for electronic cartography marine market is determined based on various parameters such as the extent of research activities, the number of key players, the cartography activities, the maritime traffic, and the ship building industry of that region. The split is verified through primary sources. Similarly, for electronic cartography aviation market, the geographical split is determined by considering the aircraft deliveries, air traffic and cartographic activity within that particular region. The overall market size is determined by applying various research methodologies on electronic chart display systems, electronic charts, and fleet statistics. FIGURE 6 ELECTRONIC CARTOGRAPHY MARKET: MARKET SIZE ESTIMATION Total electronic cartography market Percentage split of market segments Arrival at overall market Market share by geography, systems and charts Percentage split of sub segments Share of each geographic revenue in overall market Sub segments Geography-wise electronic cartography revenue Source: MarketsandMarkets Analysis The complete market was broken down into various segments and sub-segments after arriving at the complete market size. The data triangulation and the market crackdown procedure were then applied to complete the market engineering process, wherever necessary. MarketsandMarkets 10
12 FIGURE 7 ELECTRONIC CARTOGRAPHY MARKET: DATA TRIANGULATION Top Down Application Markets Application Markets Bottom Up Total Electronic Cartography Market Total Electronic Cartography Market Geographical Markets Key Players Globalization Company Market Shares Geographical Markets Key Players Market Presence Company Market Shares Source: MarketsandMarkets Analysis MarketsandMarkets 11
13 2 EXECUTIVE SUMMARY The electronic cartography market is estimated to be $xx million in 2014 and is expected to register a CAGR of xx% to reach $xx million by The electronic cartography marine market is going to experience a boom in the systems segment, due to the IMO regulations for ships undertaking international voyages. The ship building industry plays a major role in this segment. The need to update the existing ships with electronic chart display systems is going to lead the increase in demand for the electronic cartography marine market until The market for electronic chart display systems will be driven by the ship building industry, aircraft deliveries and the technological innovations and developments in the industry. The increasing trend towards electronic navigation for reducing the usage of paper charts is the driving force for electronic navigation chart systems. The ease of updating electronic charts and instant access whenever required, are the forces, which are causing the transition from paper charts to digital charts. The market for electronic navigation charts is on the positive side of the growth index. The efficiency of the communication channels when at sea proves to be a major hindrance to the marine market. The electronic cartography industry will witness the need to constantly update the electronic charts with greater accuracy and efficiency in terms of data presentation in the required format for display. Till date, 82% of the globe is covered by the ENC data required by the electronic chart display systems especially ECDIS (Electronic Chart Display And Information Systems), in marine navigation. The Asia-Pacific region will grow in leaps and bounds with respect to the electronic cartography marine and aviation market, for the years forecast. The emerging economies are the major markets, which will witness a growth in the shipping and aviation industry. The graph for growth of the electronic cartography market in the North American region will have a flat slope over the forecast period. The major players in the European region in the marine industry will see a steady increase in the demand in the electronic cartography market, as the market is MarketsandMarkets 12
14 steadily recovering from the economic crises. It is estimated that the market will see a progressive increase in the spending over the forecasted years. The market is witnessing a steady increase in product offerings with respect to the technological changes. The major players are Jeppesen (U.S), Transas Marine (Sweden), Northrop Grumman (U.S.), Furuno (Japan), Honeywell (U.S.), Thales (France), Navionics (U.S.), Rockwell Collins (U.S.), and IIC Technologies. The companies are reforming their pricing strategies for the product offerings to suit the needs of the customer. The market can witness competition from regional players in the future. TABLE 1 ELECTRONIC CARTOGRAPHY MARKET, BY SIZE, ($ MILLION) Particular CAGR% ( ) Electronic Cartographic Market xx xx xx xx xx xx xx xx xx Source: Secondary resources, Expert interviews and MarketsandMarkets Analysis MarketsandMarkets 13
15 Disclaimer: MarketsandMarkets strategic analysis services are limited publications containing valuable market information provided to a select group of customers in response to orders. Our customers acknowledge, when ordering, that MarketsandMarkets strategic analysis services are for our customers internal use and not for general publication or disclosure to third parties. Quantitative market information is based primarily on interviews and therefore, is subject to fluctuation. MarketsandMarkets does not endorse any vendor, product or service depicted in its research publications. MarketsandMarkets strategic analysis publications consist of the opinions of MarketsandMarkets' research and should not be construed as statements of fact. MarketsandMarkets disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. MarketsandMarkets takes no responsibility for any incorrect information supplied to us by manufacturers or users. All trademarks, copyrights and other forms of intellectual property belong to their respective owners and may be protected by copyright. Under no circumstance may any of these be reproduced in any form without the prior written agreement of their owner. No part of this strategic analysis service may be given, lent, resold or disclosed to noncustomers without written permission. Reproduction and/or transmission in any form and by any means including photocopying, mechanical, electronic, recording or otherwise, without the permission of the publisher is prohibited. MarketsandMarkets 14
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