A navigation system called an Integrated Bridge System (IBS) unifies all of the communication and navigational devices on a ship's bridge into a single system. The purpose of the IBS is to give the ship's crew a smooth and intuitive interface for safe and effective vessel navigation.
According to projections, the worldwide Integrated Bridge System Market will reach a valuation of USD 8.45 billion in 2022 and expand at a compound annual growth rate (CAGR) of 4.5%.
A variety of integrated components, including electronic charts, radar, gyrocompass, automatic identification systems (AIS), speed logs, and other navigation and communication tools, are commonly found in IBSs. Because of their connectivity and ability to exchange information, these parts lower the possibility of mistakes and improve the precision of navigational data.
The market for Integrated Bridge Systems (IBS) is expanding as a result of the growing need for sophisticated onboard navigation and communication systems. By combining many pieces of technology into a single system, including radar, electronic charts, AIS, gyrocompass, and others, the IBS offers a complete solution for vessel navigation. This integration contributes to increased vessel safety and efficiency, decreased crew workload, and improved navigation accuracy.
An IBS may have other features including alarm systems, engine control systems, and monitoring systems for the ship's fuel, cargo, and other systems in addition to navigational equipment. A completely automated navigation system may be created by integrating the IBS with other onboard systems, such as the ship's autopilot.
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Key Companies
Marine Technologies, LLC, The Raytheon Company, Admarel BV, Consilium AB, Furuno Electric Shokai Ltd, Kongsberg Gruppen ASA, Northrop Grumman Sperry Marine, Praxis Automation Technology, Rolls Royce, L3 Communications MAPPS Inc., Tokyo Keiki Inc., Transas, and Wartsila Valmarine.
Market Segmental Analysis
By End User
OEM
Aftermarket
By Component
Hardware
Software
By Vessel Type
Commercial Vessel
Defence Vessel
By Subsystem
VDR
INS
AIS
AWOS
Country Scope
U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria
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