In terms of revenue, the global integrated platform management system market was valued at US$ 3,314.3 million in 2019 and is projected to reach US$ 5,234.3 million by 2027 and is expected to grow at a CAGR of 5.8% during the forecast period.
Companies such as Northrop Grumman Sperry Marine provide distributed machinery control systems (MCAS) for ferries, cruise ships, yachts, and defense vessels, such as offshore patrol vessels, coast guard, and fast patrol vessels. Integrated turn-key solutions, flexible modular design, quick response, and cost-effectiveness with advanced automation are some of the benefits of IPMS. The contracts to construct more submarines in economies such as the US and Singapore are emerging to ensure greater security in maritime operations.
Europe holds the second largest share after North America in the global integrated platform management system market. Owing to fact that countries, such as France, the UK, and Russia, have a huge number of submarines and frigates within their territory which will raise the number of installation of IPMS in mentioned naval vessels. Moreover, countries such as China, India, South Korea, and Singapore are looking ahead to procure new naval vessels armed with advanced capabilities in order to combat underwater threats while protecting the security of the country. Procurement of new naval vessels would help encourage the adoption of IPMS by Asian navies.
Impact of COVID-19 Pandemic on Integrated Platform Management System Market
The COVID-19 outbreak, which began in Wuhan (China) in December 2019, has spread at a fast pace worldwide. The global factory shutdowns, travel bans, and border lockdowns, to combat and contain the outbreak, have impacted every industry and economy worldwide. The majority of the manufacturing plants are either temporarily shut or operating with minimum staff; the supply chain of equipment and related components are disrupted. Additionally, the demand for defense equipment has been showcasing a slowdown due to Covid-19 outbreak.
Lucrative Regional Integrated Platform Management System Market
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Market Insights
Introduction of Government Mandates to Tackle IT Threats
The modern warfare has drastically changed over the years and is continuing to modernize year on year. The naval forces across the world are observing notable growth in submarine warfare, owing to which the demand for anti-submarine warfare is considerably rising. In order to successfully conduct anti-submarine warfare, adoption of maritime patrol aircraft (MPA) and patrol vessels capable of launching integrated platform management systems is growing substantially. The growth in newer orders for MPA and patrol vessels is generating demands for integrated platform management systems, which, in turn is propelling the growth of the integrated platform management systems market.
Global Integrated Platform Management System Market, by Application – 2019 and 2027
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Component-Based Insights
In terms of component, the hardware segment captured a dominating share of the global integrated platform management system market in 2019. The comprehensive use of hardware in integrated platform management system for critical mission ensures low lifecycle costs for the customers. Sensors, actuators, remote terminal units, and display devices are some of the hardware used in IPMS.
Naval Vessel-Based Insights
In terms of naval vessel, the submarines segment captured the largest share of the integrated platform management system market in 2019. The US, the UK, Russia, China, India, Japan, Canada, Colombia, and South Africa are among the prominent countries with a large number of submarines for underwater operations. Procurement of new submarines will further impact the installation of IPSM by different navies.
Application- Based Insights
In terms of application, the safety and damage control systems segment captured a dominating share of the global integrated platform management system market in 2019. Safety and damage control systems are the critical sub-systems that are built-in IPMS. Management of any naval vessel is accomplished with the help of a damage control system that gives early damage detection and coordination of the damage control actions.
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Integrated Platform Management System Market: Strategic Insights
Market Size Value in US$ 3,314.3 Million in 2019 Market Size Value by US$ 5,234.3 Million by 2027 Growth rate CAGR of 5.8% from 2021-2027 Forecast Period 2021-2027 Base Year 2021
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Integrated Platform Management System Market: Strategic Insights
| Market Size Value in | US$ 3,314.3 Million in 2019 |
| Market Size Value by | US$ 5,234.3 Million by 2027 |
| Growth rate | CAGR of 5.8% from 2021-2027 |
| Forecast Period | 2021-2027 |
| Base Year | 2021 |
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Companies in the integrated platform management system market are adopting different strategies including product development, acquisition, and other expansion related strategies to expand their footprint worldwide by meeting the growing demand for their offerings. A few of the recent initiatives in the integrated platform management system market are listed below:
2020: ECA GROUP offered the Lithuanian Navy with its K-STER mine disposal vehicles to be used for mine counter measures at sea.
2020: L3Harris Technologies launched the latest demonstration series of end-to-end small satellites as part of the US Air Force constellation the company is responsible for developing. As the prime contractor for the firm fixed-price development space mission, L3Harris is designing, developing, building, testing, and deploying the satellites.
2020: Larsen & Toubro Infotech has launched LTI Canvas, a software engineering platform that aims to address critical need of enabling work from anywhere. The software is an integrated platform that brings together various processes, tools, and methodologies to drive technology and business outcomes in an environment where teams are operating in a distributed environment, as per the company.
Market Segmentation
Integrated Platform Management System Market – By Component
- Hardware
- Sensors
- Actuators
- Remote Terminal Units
- Display Devices
- Others
- Software
Integrated Platform Management System Market – By Naval Vessel
- Frigates
- Aircraft Carriers
- Submarines
Integrated Platform Management System Market – By Application
- Propulsion Control
- Auxiliary Machinery Control
- Safety and Damage Control Systems
- Alarm and Event Monitoring
- On-Board Trainer
Integrated Platform Management System Market- By Region
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
Asia Pacific
- China
- India
- South Korea
- Japan
- Australia
- Rest of APAC
Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
South America
- Brazil
- Argentina
- Rest of SAM
Companies Profiled in Integrated Platform Management System Market are as Follows:
- C2C DB Systems
- ECA Group
- L3 MAPPS Inc.
- Larsen And Toubro Limited
- Logimatic
- Northrop Grumman Sperry Marine B.V.
- Marine Electricals
- Praxis Automation Technology BV
- Rolls-Royce PLC
- Seastema S.P.A..
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component ; Naval Vessels ; Application , and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The North America region led the integrated platform management systems market in 2019. Advanced technologies, which makes it a thoroughly competitive market for various companies. In the era of continuous developments, the need to ensure a country's security is becoming more essential. The introduction of advanced technologies for anti-warfare situations and underwater threats would support the countries mentioned above to achieve high-end security. Therefore, companies, such as Northrop Grumman Sperry Marine, have acquired over three decades in offering integrated platform management solutions. The company's IPMS is an advanced control system solution for aircraft carriers, frigates, and submarines. Integration of IPMS removes standalone third party control equipment lowering weight, cabling, and space.
The significant change in modern warfare has been urging the governments across the globe to allocate higher amounts towards respective military forces. The military budget allocation enables the military forces to engage themselves in the development of robust indigenous technologies, procuring advanced vehicles, and other equipment from national and international manufacturers. The emphasis towards naval forces have been on the rise among the governments across the globe in recent years. Pertaining to this, the focus towards modernizing and strengthening the naval forces with advanced technologies is growing and subsequently the budgets and expenditures are increasing year on year. The higher budget allocations is facilitating the naval forces to procure increased numbers of MPAs and patrol boats integrated with robust technologies such as integrated platform management systems. This factor is driving the integrated platform management systems.
The comprehensive use of hardware in integrated platform management system for critical mission ensures low lifecycle costs for the customers. IPMS is a distributed architecture real-time digital control system and an open architecture system consists of Remote Terminal Units (RTU) and multifunction control consoles. The RTUs are utilized for process level data acquisition and control, whereas the console offers human machine interface (HMI) for operators at several shipboard locations. The open system architecture facilitate the use of different data networks as per the customer requirements. Moreover, the benefit of open system architecture allows the interface of IPMS to other systems via serial links, fieldbus, and other interfaces.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Integrated Platform Management System Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to New Entrants
4.2.4 Threat to Substitutes
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Integrated Platform Management Systems Market – Key Market Dynamics
5.1 Key Market Driver
5.1.1 Focus on Anti-Submarine Warfare (ASW) is Stimulating the Growth
5.1.2 Growing Defense Budgets and Expenditures is Boosting the Demand
5.2 Key Market Restraint
5.2.1 Lifespan of Integrated platform management systems
5.3 Key Market Opportunity
5.3.1 Continuous Focus on Development of Robust Vessel Control Solutions
5.4 Future Trends
5.4.1 Integrating Integrated platform management systems with Combat Management System
5.5 Impact Analysis of Drivers and Restraints
6. Integrated Platform Management System Market – Global Analysis
6.1 Global Integrated Platform Management System Market Overview
6.2 Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Five Key Players
7. Integrated Platform Management System Market Analysis– By Component
7.1 Overview
7.2 Global Integrated Platform Management System Market Breakdown, by Component, 2019 & 2027
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware Market Revenue and Forecast to 2027 (US$ Million)
7.3.3 Sensors
7.3.3.1 Overview
7.3.3.2 Sensors Market Revenue and Forecast to 2027 (US$ Million)
7.3.4 Actuators
7.3.4.1 Overview
7.3.4.2 Actuators Market Revenue and Forecast to 2027 (US$ Million)
7.3.5 Remote Terminal Units
7.3.5.1 Overview
7.3.5.2 Remote Terminal Units Market Revenue and Forecast to 2027 (US$ Million)
7.3.6 Display Devices
7.3.6.1 Overview
7.3.6.2 Display Devices Market Revenue and Forecast to 2027 (US$ Million)
7.3.7 Others
7.3.7.1 Overview
7.3.7.2 Others Market Revenue and Forecast to 2027 (US$ Million)
7.4 Software
7.4.1 Overview
7.4.2 Software Market Revenue and Forecast to 2027 (US$ Million)
8. Integrated Platform Management System Market Analysis – By Naval Vessels
8.1 Overview
8.2 Integrated Platform Management System Market Breakdown, by Naval Vessels, 2019 & 2027
8.3 Frigates
8.3.1 Overview
8.3.2 Frigates Market Revenue and Forecast to 2027 (US$ Million)
8.4 Aircraft Carriers
8.4.1 Overview
8.4.2 Aircraft Carriers Market Revenue and Forecast to 2027 (US$ Million)
8.5 Submarines
8.5.1 Overview
8.5.2 Submarines Market Revenue and Forecast to 2027 (US$ Million)
9. Integrated Platform Management System Market Analysis– By Application
9.1 Overview
9.2 Global Integrated Platform Management System Market Breakdown, by Application, 2019 & 2027
9.3 Propulsion Control
9.3.1 Overview
9.3.2 Propulsion Control Market Revenue and Forecast to 2027 (US$ Million)
9.4 Auxiliary Machinery Control
9.4.1 Overview
9.4.2 Auxiliary Machinery Control Market Revenue and Forecast to 2027 (US$ Million)
9.5 Safety and Damage Control Systems
9.5.1 Overview
9.5.2 Safety and Damage Control Systems Market Revenue and Forecast to 2027 (US$ Million)
9.6 Alarm and Event Monitoring
9.6.1 Overview
9.6.2 Alarm and Event Monitoring Market Revenue and Forecast to 2027 (US$ Million)
9.7 On-Board Trainer
9.7.1 Overview
9.7.2 On-Board Trainer Market Revenue and Forecast to 2027 (US$ Million)
10. Integrated Platform Management System Market – Geographic Analysis
10.1 Overview
10.2 North America: Integrated Platform Management System Market
10.2.1 North America: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.2.2 North America: Integrated Platform Management System Market , by Component
10.2.2.1 North America: Integrated Platform Management System Market, By Hardware
10.2.3 North America: Integrated Platform Management System Market , by Naval Vessels
10.2.4 North America: Integrated Platform Management System Market , by Application
10.2.5 North America: Integrated Platform Management System Market , by Key Country
10.2.5.1 US: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.1.1 US: Integrated Platform Management System Market , by Component
10.2.5.1.1.1 US: Integrated Platform Management Market, By Hardware
10.2.5.1.2 US: Integrated Platform Management System Market , by Naval Vessels
10.2.5.1.3 US: Integrated Platform Management System Market , by Application
10.2.5.2 Canada: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.2.1 Canada: Integrated Platform Management System Market , by Component
10.2.5.2.1.1 Canada: Integrated Platform Management Market, By Hardware
10.2.5.2.2 Canada: Integrated Platform Management System Market , by Naval Vessels
10.2.5.2.3 Canada: Integrated Platform Management System Market , by Application
10.2.5.3 Mexico: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.3.1 Mexico: Integrated Platform Management System Market , by Component
10.2.5.3.1.1 Mexico: Integrated Platform Management Market, By Hardware
10.2.5.3.2 Mexico: Integrated Platform Management System Market , by Naval Vessels
10.2.5.3.3 Mexico: Integrated Platform Management System Market , by Application
10.3 Europe: Integrated Platform Management System Market
10.3.1 Europe: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.3.2 Europe: Integrated Platform Management System Market , by Component
10.3.2.1 Europe: Integrated Platform Management System Market, By Solution
10.3.3 Europe: Integrated Platform Management System Market , by Naval Vessels
10.3.4 Europe: Integrated Platform Management System Market , by Application
10.3.5 Europe: Integrated Platform Management System Market , by Key Country
10.3.5.1 Germany: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.1.1 Germany: Integrated Platform Management System Market , by Component
10.3.5.1.1.1 Germany: Integrated Platform Management Market, By Hardware
10.3.5.1.2 Germany: Integrated Platform Management System Market , by Naval Vessels
10.3.5.1.3 Germany: Integrated Platform Management System Market , by Application
10.3.5.2 France: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.2.1 France: Integrated Platform Management System Market , by Component
10.3.5.2.1.1 France: Integrated Platform Management System Market, By Hardware
10.3.5.2.2 France: Integrated Platform Management System Market , by Naval Vessels
10.3.5.2.3 France: Integrated Platform Management System Market , by Application
10.3.5.3 Italy: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.3.1 Italy: Integrated Platform Management System Market , by Component
10.3.5.3.1.1 Italy: Integrated Platform Management System Market , By Hardware
10.3.5.3.2 Italy: Integrated Platform Management System Market , by Naval Vessels
10.3.5.3.3 Italy: Integrated Platform Management System Market , by Application
10.3.5.4 UK: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.4.1 UK: Integrated Platform Management System Market , by Component
10.3.5.4.1.1 UK Management Market, By Hardware
10.3.5.4.2 UK: Integrated Platform Management System Market , by Naval Vessels
10.3.5.4.3 UK: Integrated Platform Management System Market , by Application
10.3.5.5 Russia: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.5.1 Russia: Integrated Platform Management System Market , by Component
10.3.5.5.1.1 Russia Integrated Platform Management System Market , By Hardware
10.3.5.5.2 Russia: Integrated Platform Management System Market , by Naval Vessels
10.3.5.5.3 Russia: Integrated Platform Management System Market , by Application
10.3.5.6 Rest of Europe: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.6.1 Rest of Europe: Integrated Platform Management System Market , by Component
10.3.5.6.1.1 Rest of Europe Integrated Platform Management System Market , By Hardware
10.3.5.6.2 Rest of Europe: Integrated Platform Management System Market , by Naval Vessels
10.3.5.6.3 Rest of Europe: Integrated Platform Management System Market , by Application
10.4 APAC: Integrated Platform Management System Market
10.4.1 APAC: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.4.2 APAC: Integrated Platform Management System Market , by Component
10.4.2.1 APAC: Integrated Platform Management System Market, By Hardware
10.4.3 APAC: Integrated Platform Management System Market , by Naval Vessels
10.4.4 APAC: Integrated Platform Management System Market , by Application
10.4.5 APAC: Integrated Platform Management System Market , by Key Country
10.4.5.1 China: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.1.1 China: Integrated Platform Management System Market , by Component
10.4.5.1.1.1 China: Integrated Platform Management Market, By Hardware
10.4.5.1.2 China: Integrated Platform Management System Market , by Naval Vessels
10.4.5.1.3 China: Integrated Platform Management System Market , by Application
10.4.5.2 India: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.2.1 India: Integrated Platform Management System Market , by Component
10.4.5.2.1.1 India: Integrated Platform Management Market, By Hardware
10.4.5.2.2 India: Integrated Platform Management System Market , by Naval Vessels
10.4.5.2.3 India: Integrated Platform Management System Market , by Application
10.4.5.3 Japan: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.3.1 Japan: Integrated Platform Management System Market , by Component
10.4.5.3.1.1 Japan: Integrated Platform Management Market, By Hardware
10.4.5.3.2 Japan: Integrated Platform Management System Market , by Naval Vessels
10.4.5.3.3 Japan: Integrated Platform Management System Market , by Application
10.4.5.4 South Korea: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.4.1 South Korea: Integrated Platform Management System Market , by Component
10.4.5.4.1.1 South Korea: Integrated Platform Management Market, By Hardware
10.4.5.4.2 South Korea: Integrated Platform Management System Market , by Naval Vessels
10.4.5.4.3 South Korea: Integrated Platform Management System Market , by Application
10.4.5.5 Australia: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.5.1 Australia: Integrated Platform Management System Market , by Component
10.4.5.5.1.1 Australia: Integrated Platform Management System Market, By Hardware
10.4.5.5.2 Australia: Integrated Platform Management System Market , by Naval Vessels
10.4.5.5.3 Australia: Integrated Platform Management System Market , by Application
10.4.5.6 Rest of APAC: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.6.1 Rest of APAC: Integrated Platform Management System Market , by Component
10.4.5.6.1.1 Rest of APAC: Integrated Platform Management Market, By Hardware
10.4.5.6.2 Rest of APAC: Integrated Platform Management System Market , by Naval Vessels
10.4.5.6.3 Rest of APAC: Integrated Platform Management System Market , by Application
10.5 MEA: Integrated Platform Management System Market
10.5.1 MEA: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.5.2 MEA: Integrated Platform Management System Market , by Component
10.5.2.1 MEA: Integrated Platform Management System Market, By Hardware
10.5.3 MEA: Integrated Platform Management System Market , by Naval Vessels
10.5.4 MEA: Integrated Platform Management System Market , by Application
10.5.5 MEA: Integrated Platform Management System Market , by Key Country
10.5.5.1 South Africa: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.1.1 South Africa: Integrated Platform Management System Market , by Component
10.5.5.1.2 South Africa: Integrated Platform Management System Market, By Hardware
10.5.5.1.3 South Africa: Integrated Platform Management System Market , by Naval Vessels
10.5.5.1.4 South Africa: Integrated Platform Management System Market , by Application
10.5.5.2 Saudi Arabia: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.2.1 Saudi Arabia: Integrated Platform Management System Market , by Component
10.5.5.2.1.1 Saudi Arabia: Integrated Platform Management Market, By Hardware
10.5.5.2.2 Saudi Arabia: Integrated Platform Management System Market , by Naval Vessels
10.5.5.2.3 Saudi Arabia: Integrated Platform Management System Market , by Application
10.5.5.3 UAE: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.3.1 UAE: Integrated Platform Management System Market , by Component
10.5.5.3.1.1 UAE: Integrated Platform Management Market, By Hardware
10.5.5.3.2 UAE: Integrated Platform Management System Market , by Naval Vessels
10.5.5.3.3 UAE: Integrated Platform Management System Market , by Application
10.5.5.4 Rest of MEA: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.4.1 Rest of MEA: Integrated Platform Management System Market , by Component
10.5.5.4.1.1 Rest of MEA: Integrated Platform Management Market, By Hardware
10.5.5.4.2 Rest of MEA: Integrated Platform Management System Market , by Naval Vessels
10.5.5.4.3 Rest of MEA: Integrated Platform Management System Market , by Application
10.6 SAM: Integrated Platform Management System Market
10.6.1 SAM: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.6.2 SAM: Integrated Platform Management System Market , by Component
10.6.2.1 SAM: Integrated Platform Management System Market, By Hardware
10.6.3 SAM: Integrated Platform Management System Market , by Naval Vessels
10.6.4 SAM: Integrated Platform Management System Market , by Application
10.6.5 SAM: Integrated Platform Management System Market , by Key Country
10.6.5.1 Brazil: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.1.1 Brazil: Integrated Platform Management System Market , by Component
10.6.5.1.1.1 Brazil: Integrated Platform Management Market, By Hardware
10.6.5.1.2 Brazil: Integrated Platform Management System Market , by Naval Vessels
10.6.5.1.3 Brazil: Integrated Platform Management System Market , by Application
10.6.5.2 Argentina: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.2.1 Argentina: Integrated Platform Management System Market , by Component
10.6.5.2.1.1 Argentina: Integrated Platform Management Market, By Hardware
10.6.5.2.2 Argentina: Integrated Platform Management System Market , by Naval Vessels
10.6.5.2.3 Argentina: Integrated Platform Management System Market , by Application
10.6.5.3 Rest of SAM: Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.3.1 Rest of SAM: Integrated Platform Management System Market , by Component
10.6.5.3.1.1 Rest of SAM: Integrated Platform Management Market, By Hardware
10.6.5.3.2 Rest of SAM: Integrated Platform Management System Market , by Naval Vessels
10.6.5.3.3 Rest of SAM: Integrated Platform Management System Market , by Application
11. Impact of Coronavirus Outbreak
11.1 Impact of COVID-19 Pandemic on Global Integrated platform management systems Market
11.1.1 North America: Impact Assessment of COVID-19 Pandemic
11.1.2 Europe: Impact Assessment of COVID-19 Pandemic
11.1.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11.1.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11.1.5 South America: Impact Assessment of COVID-19 Pandemic
12. Global Integrated Platform Management Market-Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Development
13. Company Profiles
13.1 C2C DB Systems
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 ECA Group
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 L3HARRIES
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 LARSEN & TOUBRO LIMITED
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 LOGIMATIC
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 NORTHROP GRUMMAN SPERRY MARINE B.V
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 PRAXIS AUTOMATION TECHNOLOGY B.V.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 ROLLS-ROYCE HOLDINGS PLC
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 EUSTEMA S.P.A. (FINCANTIERI COMPANY)
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 MARINE ELECTRICAL
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. North America: Integrated Platform Management System Market , by Component – Revenue and Forecast to 2027 (US$ Million)
Table 3. North America: Integrated Platform Management System Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 4. North America: Integrated Platform Management System Market , by Naval Vessels – Revenue and Forecast to 2027 (US$ Million)
Table 5. North America: Integrated Platform Management System Market , by Application – Revenue and Forecast to 2027 (US$ Million)
Table 6. US: Integrated Platform Management System Market , by Component –Revenue and Forecast to 2027 (US$ Million)
Table 7. US: Integrated Platform Management Market, By Hardware –Revenue and Forecast to 2027 (US$ Million)
Table 8. US: Integrated Platform Management System Market , by Naval Vessels –Revenue and Forecast to 2027 (US$ Million)
Table 9. US: Integrated Platform Management System Market , by Application –Revenue and Forecast to 2027 (US$ Million)
Table 10. Canada: Integrated Platform Management System Market , by Component –Revenue and Forecast to 2027 (US$ Million)
Table 11. Canada: Integrated Platform Management Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 12. Canada: Integrated Platform Management System Market , by Naval Vessels –Revenue and Forecast to 2027 (US$ Million)
Table 13. Canada: Integrated Platform Management System Market , by Application –Revenue and Forecast to 2027 (US$ Million)
Table 14. Mexico: Integrated Platform Management System Market , by Component –Revenue and Forecast to 2027 (US$ Million)
Table 15. Mexico: Integrated Platform Management Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 16. Mexico: Integrated Platform Management System Market , by Naval Vessels –Revenue and Forecast to 2027 (US$ Million)
Table 17. Mexico: Integrated Platform Management System Market , by Application –Revenue and Forecast to 2027 (US$ Million)
Table 18. Europe: Integrated Platform Management System Market , by Component – Revenue and Forecast to 2027 (US$ Million)
Table 19. Europe Integrated Platform Management System Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 20. Europe: Integrated Platform Management System Market , by Naval Vessels – Revenue and Forecast to 2027 (US$ Million)
Table 21. Europe: Integrated Platform Management System Market , by Application – Revenue and Forecast to 2027 (US$ Million)
Table 22. Germany: Integrated Platform Management System Market , by Component –Revenue and Forecast to 2027 (US$ Million)
Table 23. Germany Integrated Platform Management System Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 24. Germany: Integrated Platform Management System Market , by Naval Vessels –Revenue and Forecast to 2027 (US$ Million)
Table 25. Germany: Integrated Platform Management System Market , by Application –Revenue and Forecast to 2027 (US$ Million)
Table 26. France: Integrated Platform Management System Market , by Component –Revenue and Forecast to 2027 (US$ Million)
Table 27. France Integrated Platform Management System Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 28. France: Integrated Platform Management System Market , by Naval Vessels –Revenue and Forecast to 2027 (US$ Million)
Table 29. France: Integrated Platform Management System Market , by Application –Revenue and Forecast to 2027 (US$ Million)
Table 30. Italy: Integrated Platform Management System Market , by Component –Revenue and Forecast to 2027 (US$ Million)
Table 31. Italy Integrated Platform Management System Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 32. Italy: Integrated Platform Management System Market , by Naval Vessels –Revenue and Forecast to 2027 (US$ Million)
Table 33. Italy: Integrated Platform Management System Market , by Application –Revenue and Forecast to 2027 (US$ Million)
Table 34. UK: Integrated Platform Management System Market , by Component –Revenue and Forecast to 2027 (US$ Million)
Table 35. UK Integrated Platform Management System Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 36. UK: Integrated Platform Management System Market , by Naval Vessels –Revenue and Forecast to 2027 (US$ Million)
Table 37. UK: Integrated Platform Management System Market , by Application –Revenue and Forecast to 2027 (US$ Million)
Table 38. Russia: Integrated Platform Management System Market , by Component –Revenue and Forecast to 2027 (US$ Million)
Table 39. Russia Integrated Platform Management System Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 40. Russia: Integrated Platform Management System Market , by Naval Vessels –Revenue and Forecast to 2027 (US$ Million)
Table 41. Russia: Integrated Platform Management System Market , by Application –Revenue and Forecast to 2027 (US$ Million)
Table 42. Rest of Europe: Integrated Platform Management System Market , by Component –Revenue and Forecast to 2027 (US$ Million)
Table 43. Rest of Europe Integrated Platform Management System Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 44. Rest of Europe: Integrated Platform Management System Market , by Naval Vessels –Revenue and Forecast to 2027 (US$ Million)
Table 45. Rest of Europe: Integrated Platform Management System Market , by Application –Revenue and Forecast to 2027 (US$ Million)
Table 46. APAC: Integrated Platform Management System Market , by Component – Revenue and Forecast to 2027 (US$ Million)
Table 47. APAC: Integrated Platform Management System Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 48. APAC: Integrated Platform Management System Market , by Naval Vessels – Revenue and Forecast to 2027 (US$ Million)
Table 49. APAC: Integrated Platform Management System Market , by Application – Revenue and Forecast to 2027 (US$ Million)
Table 50. China: Integrated Platform Management System Market , by Component –Revenue and Forecast to 2027 (US$ Million)
Table 51. China: Integrated Platform Management System Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 52. China: Integrated Platform Management System Market , by Naval Vessels –Revenue and Forecast to 2027 (US$ Million)
Table 53. China: Integrated Platform Management System Market , by Application –Revenue and Forecast to 2027 (US$ Million)
Table 54. India: Integrated Platform Management System Market , by Component –Revenue and Forecast to 2027 (US$ Million)
Table 55. India: Integrated Platform Management System Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 56. India: Integrated Platform Management System Market , by Naval Vessels –Revenue and Forecast to 2027 (US$ Million)
Table 57. India: Integrated Platform Management System Market , by Application –Revenue and Forecast to 2027 (US$ Million)
Table 58. Japan: Integrated Platform Management System Market , by Component –Revenue and Forecast to 2027 (US$ Million)
Table 59. Japan: Integrated Platform Management System Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 60. Japan: Integrated Platform Management System Market , by Naval Vessels –Revenue and Forecast to 2027 (US$ Million)
Table 61. Japan: Integrated Platform Management System Market , by Application –Revenue and Forecast to 2027 (US$ Million)
Table 62. South Korea: Integrated Platform Management System Market , by Component –Revenue and Forecast to 2027 (US$ Million)
Table 63. South Korea: Integrated Platform Management System Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 64. South Korea: Integrated Platform Management System Market , by Naval Vessels –Revenue and Forecast to 2027 (US$ Million)
Table 65. South Korea: Integrated Platform Management System Market , by Application –Revenue and Forecast to 2027 (US$ Million)
Table 66. Australia: Integrated Platform Management System Market , by Component –Revenue and Forecast to 2027 (US$ Million)
Table 67. Australia: Integrated Platform Management System Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 68. Australia: Integrated Platform Management System Market , by Naval Vessels –Revenue and Forecast to 2027 (US$ Million)
Table 69. Australia: Integrated Platform Management System Market , by Application –Revenue and Forecast to 2027 (US$ Million)
Table 70. Rest of APAC: Integrated Platform Management System Market , by Component –Revenue and Forecast to 2027 (US$ Million)
Table 71. Rest of APAC: Integrated Platform Management System Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 72. Rest of APAC: Integrated Platform Management System Market , by Naval Vessels –Revenue and Forecast to 2027 (US$ Million)
Table 73. Rest of APAC: Integrated Platform Management System Market , by Application –Revenue and Forecast to 2027 (US$ Million)
Table 74. MEA: Integrated Platform Management System Market , by Component– Revenue and Forecast to 2027 (US$ Million)
Table 75. MEA: Integrated Platform Management System Market, By Hardware– Revenue and Forecast to 2027 (US$ Million)
Table 76. MEA: Integrated Platform Management System Market , by Naval Vessels – Revenue and Forecast to 2027 (US$ Million)
Table 77. MEA: Integrated Platform Management System Market , by Application – Revenue and Forecast to 2027 (US$ Million)
Table 78. South Africa: Integrated Platform Management System Market , by Component –Revenue and Forecast to 2027 (US$ Million)
Table 79. South Africa: Integrated Platform Management System Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 80. South Africa: Integrated Platform Management System Market , by Naval Vessels –Revenue and Forecast to 2027 (US$ Million)
Table 81. South Africa: Integrated Platform Management System Market , by Application –Revenue and Forecast to 2027 (US$ Million)
Table 82. Saudi Arabia: Integrated Platform Management System Market , by Component –Revenue and Forecast to 2027 (US$ Million)
Table 83. Saudi Arabia: Integrated Platform Management Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 84. Saudi Arabia: Integrated Platform Management System Market , by Naval Vessels –Revenue and Forecast to 2027 (US$ Million)
Table 85. Saudi Arabia: Integrated Platform Management System Market , by Application –Revenue and Forecast to 2027 (US$ Million)
Table 86. UAE: Integrated Platform Management System Market , by Component –Revenue and Forecast to 2027 (US$ Million)
Table 87. UAE: Integrated Platform Management Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 88. UAE: Integrated Platform Management System Market , by Naval Vessels –Revenue and Forecast to 2027 (US$ Million)
Table 89. UAE: Integrated Platform Management System Market , by Application –Revenue and Forecast to 2027 (US$ Million)
Table 90. Rest of MEA: Integrated Platform Management System Market , by Component –Revenue and Forecast to 2027 (US$ Million)
Table 91. Rest of MEA: Integrated Platform Management Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 92. Rest of MEA: Integrated Platform Management System Market , by Naval Vessels –Revenue and Forecast to 2027 (US$ Million)
Table 93. Rest of MEA: Integrated Platform Management System Market , by Application –Revenue and Forecast to 2027 (US$ Million)
Table 94. SAM: Integrated Platform Management System Market , by Component – Revenue and Forecast to 2027 (US$ Million)
Table 95. SAM: Integrated Platform Management Market, By Hardware– Revenue and Forecast to 2027 (US$ Million)
Table 96. SAM: Integrated Platform Management System Market , by Naval Vessels – Revenue and Forecast to 2027 (US$ Million)
Table 97. SAM: Integrated Platform Management System Market , by Application – Revenue and Forecast to 2027 (US$ Million)
Table 98. Brazil: Integrated Platform Management System Market , by Component –Revenue and Forecast to 2027 (US$ Million)
Table 99. Brazil: Integrated Platform Management Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 100. Brazil: Integrated Platform Management System Market , by Naval Vessels –Revenue and Forecast to 2027 (US$ Million)
Table 101. Brazil: Integrated Platform Management System Market , by Application –Revenue and Forecast to 2027 (US$ Million)
Table 102. Argentina: Integrated Platform Management System Market , by Component –Revenue and Forecast to 2027 (US$ Million)
Table 103. Argentina: Integrated Platform Management Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 104. Argentina: Integrated Platform Management System Market , by Naval Vessels –Revenue and Forecast to 2027 (US$ Million)
Table 105. Argentina: Integrated Platform Management System Market , by Application –Revenue and Forecast to 2027 (US$ Million)
Table 106. Rest of SAM: Integrated Platform Management System Market , by Component–Revenue and Forecast to 2027 (US$ Million)
Table 107. Rest of SAM: Integrated Platform Management Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 108. Rest of SAM: Integrated Platform Management System Market , by Naval Vessels –Revenue and Forecast to 2027 (US$ Million)
Table 109. Rest of SAM: Integrated Platform Management System Market , by Application –Revenue and Forecast to 2027 (US$ Million)
Table 110. List of Abbreviation
LIST OF FIGURES
Figure 1. Global Integrated Platform Management System Market : Segmentation
Figure 2. Global Integrated Platform Management System Market Segmentation – By Geography
Figure 3. Global Integrated Platform Management System Market Overview
Figure 4. Global Integrated Platform Management System Market –Geography Analysis
Figure 5. Global Integrated Platform Management System Market –Naval Vessels
Figure 6. Global Integrated Platform Management System Market – Component
Figure 7. Porter’s Five Forces Analysis
Figure 8. Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. Integrated platform management systems Market: Impact Analysis of Drivers And Restraints
Figure 11. Geographic Overview of Integrated Platform Management System Market
Figure 12. Integrated Platform Management System Market – Revenue and Forecast to 2027 (US$ Million)
Figure 13. Global Integrated Platform Management System Market Breakdown, by Component, 2019 & 2027 (%)
Figure 14. Global Hardware Market Revenue and Forecast to 2027(US$ Mn)
Figure 15. Global Sensors Market Revenue and Forecast to 2027(US$ Mn)
Figure 16. Global Actuators Market Revenue and Forecast to 2027(US$ Mn)
Figure 17. Global Remote Terminal Units Market Revenue and Forecast to 2027(US$ Mn)
Figure 18. Global Display Devices Market Revenue and Forecast to 2027(US$ Mn)
Figure 19. Global Others Market Revenue and Forecast to 2027(US$ Mn)
Figure 20. Global Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 21. Integrated Platform Management System Market Breakdown, by Naval Vessels (2019 and 2027)
Figure 22. Frigates Market Revenue and Forecast to 2027(US$ Million)
Figure 23. Aircraft Carriers Market Revenue and Forecast to 2027(US$ Million)
Figure 24. Global Submarines Market Revenue and Forecast to 2027(US$ Mn)
Figure 25. Global Integrated Platform Management System Market Breakdown, by Application, 2019 & 2027 (%)
Figure 26. Global Propulsion Control Market Revenue and Forecast to 2027 (US$ Mn)
Figure 27. Global Auxiliary Machinery Control Market Revenue and Forecast to 2027(US$ Mn)
Figure 28. Global Safety and Damage Control Systems Market Revenue and Forecast to 2027(US$ Mn)
Figure 29. Global Alarm and Event Monitoring Market Revenue and Forecast to 2027(US$ Mn)
Figure 30. Global On-Board Trainer Market Revenue and Forecast to 2027(US$ Mn)
Figure 31. Integrated Platform Management System Market Revenue Share, By Region (2019 and 2027)
Figure 32. North America: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 33. North America: Integrated Platform Management System Market Revenue Share, by Component (2019 and 2027)
Figure 34. North America: Integrated Platform Management System Market Revenue Share, by Naval Vessels (2019 and 2027)
Figure 35. North America: Integrated Platform Management System Market Revenue Share, by Application (2019 and 2027)
Figure 36. North America: Integrated Platform Management System Market Revenue Share, by Key Country (2019 and 2027)
Figure 37. US: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 38. Canada: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 39. Mexico: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 40. Europe: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 41. Europe: Integrated Platform Management System Market Revenue Share, By Component (2019 and 2027)
Figure 42. Europe: Integrated Platform Management System Market Revenue Share, By Naval Vessels (2019 and 2027)
Figure 43. Europe: Integrated Platform Management System Market Revenue Share, By Application (2019 and 2027)
Figure 44. Europe: Integrated Platform Management System Market Revenue Share, By Key Country (2019 and 2027)
Figure 45. Germany: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 46. France: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 47. Italy: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 48. UK: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 49. Russia: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 50. Rest of Europe: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 51. APAC: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 52. APAC: Integrated Platform Management System Market Revenue Share, By Component (2019 and 2027)
Figure 53. APAC: Integrated Platform Management System Market Revenue Share, By Naval Vessels (2019 and 2027)
Figure 54. APAC: Integrated Platform Management System Market Revenue Share, By Application (2019 and 2027)
Figure 55. APAC: Integrated Platform Management System Market Revenue Share, By Key Country (2019 and 2027)
Figure 56. China: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 57. India: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 58. Japan: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 59. South Korea: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 60. Australia: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 61. Rest of APAC: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 62. MEA: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 63. MEA: Integrated Platform Management System Market Revenue Share, By Component (2019 and 2027)
Figure 64. MEA: Integrated Platform Management System Market Revenue Share, By Naval Vessels (2019 and 2027)
Figure 65. MEA: Integrated Platform Management System Market Revenue Share, By Application (2019 and 2027)
Figure 66. MEA: Integrated Platform Management System Market Revenue Share, By Key Country (2019 and 2027)
Figure 67. South Africa: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 68. Saudi Arabia: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 69. UAE: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 70. Rest of MEA: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 71. SAM: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 72. SAM: Integrated Platform Management System Market Revenue Share, By Component (2019 and 2027)
Figure 73. SAM: Integrated Platform Management System Market Revenue Share, By Naval Vessels (2019 and 2027)
Figure 74. SAM: Integrated Platform Management System Market Revenue Share, By Application (2019 and 2027)
Figure 75. SAM: Integrated Platform Management System Market Revenue Share, By Key Country (2019 and 2027)
Figure 76. Brazil: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 77. Argentina: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 78. Rest of SAM: Integrated Platform Management System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 79. Impact of COVID-19 Pandemic in North American Country Markets
Figure 80. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 81. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 82. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 83. Impact of COVID-19 Pandemic In South America Country Markets
The List of Companies - Weapon Mounts Market
- C2C DB Systems
- ECA Group
- L3HARRIES
- Larsen & Toubro Limited
- Logimatic
- Northrop Grumman Sperry Marine B.V
- Praxis Automation Technology B.V.
- Rolls-Royce Holdings plc
- Eustema S.p.A. (Fincantieri Company)
- Marine Electrical
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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