26th November,
2018- Electronic
Nautical Chart Market is anticipated to display a significant
growth in the next couple of years, the reason being rising applications and
widening up of the scope across the globe. An electronic nautical chart
abbreviated as ENC, is a particular chart that is generally prepared by the
government authorities. It usually comprises of all the data that is required
for secure navigation. Moreover, it is said that it is also takes in the
additional information that is acquired from Radio aids, List of Lights, and
Sailing Directions. It signifies the spherical earth portion on a leveled
surface. The data may encompass water deepness, the shoreline of neighboring
land, main topographic highlights, and many other navigational data. It can prove
quite beneficial and useful for the navigator in mapping down numerous courses,
examining the association of the ship to the nearby area, and discovering
various positions. The market is attaining huge popularity across various
applications due to its efficiency and usefulness.
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The factors that are playing a
key role in raising the share of the Electronic Nautical Chart Market may
include robust industrialization, urbanization, technological developments,
increase in the research and development activities, rising prerequisites,
burgeoning applications across various marine sectors, growth of various
sectors, and emergence of huge manufacturers in the market. Electronic Nautical
Chart Market is classified by product as Digital, 3D Nautical Chart, 2D
Nautical Chart, and others. Electronic Nautical Chart Industry is segmented by
application as Yacht, Fishing Boats, Ships, and Other. Electronic Nautical
Chart Industry is categorized by geography as North America, Europe, China,
Japan, Southeast Asia, and India. As far as the geographical region goes, North
America is taking up the largest share in the Electronic Nautical Chart market
and it is likely that the region will go on growing with the same pace, the
reason being robust industrialization, urbanization, mass production, constant
innovations, and rise in the awareness among the end users.
In contrast, it has been found
that Europe and Asia Pacific are also expanding gradually and emerging as one
of the promising regions in the Electronic Nautical Chart market owing to
developing nations, mounting investments by the leading companies, and rise in
the market growth opportunities in these regions. The key players contributing
in the development of the Electronic Nautical Chart Market are recognized as
SEAiq, C.N.S. Systems AB vertreten durch ELNA, Nobeltec, PC Maritime, C-MAP,
Transas Marine International, MaxSea International, Maptech, and Humminbird.
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