Product Code: ETC266966 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Malaysia Marine Radar Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 8.13% in 2025, growth builds up to 9.67% by 2029.
By 2027, Malaysia's Marine Radar market is forecasted to achieve a growing growth rate of 9.12%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The marine radar market in Malaysia is influenced by the country`s strategic maritime location and its importance as a global trading hub. Marine radar systems are essential for navigation, collision avoidance, and maritime security. The market is expected to see growth, driven by the need to enhance safety and security measures in Malaysia busy ports and coastal regions. Additionally, advancements in radar technology, such as the integration of radar with other navigation systems and the development of more compact and efficient radar units, are likely to fuel market expansion.
The marine radar market in Malaysia is expected to witness significant growth due to the country`s strategic location as a maritime hub in Southeast Asia. With a growing emphasis on maritime safety and security, there is a rising demand for advanced radar systems on ships and vessels. Additionally, the expansion of the shipping and fishing industries in Malaysia is likely to drive the adoption of marine radar systems.
The Malaysia Marine Radar market confronts challenges related to the integration of advanced technologies. Modern marine radar systems are expected to incorporate features like collision avoidance, target tracking, and weather monitoring. However, implementing these functionalities while ensuring the reliability of the radar system can be technically challenging. Additionally, the market is subject to strict maritime regulations and safety standards, which require manufacturers to adhere to rigorous testing and certification processes. Economic fluctuations affecting the shipping industry can also impact the demand for marine radar systems.
The marine radar market in Malaysia saw a decline in demand during the pandemic, primarily due to restrictions on travel and tourism. The maritime industry faced disruptions, impacting shipbuilding and navigation. However, as travel restrictions eased and maritime activities resumed, the market began to recover. The need for advanced radar systems for navigation, safety, and security purposes supported market growth.
Marine radar technology is essential for navigation and safety at sea. Major players in this market include Raytheon Malaysia, Furuno Malaysia, and JRC Malaysia.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Marine Radar Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Marine Radar Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Marine Radar Market - Industry Life Cycle |
3.4 Malaysia Marine Radar Market - Porter's Five Forces |
3.5 Malaysia Marine Radar Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Malaysia Marine Radar Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Malaysia Marine Radar Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Malaysia Marine Radar Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Malaysia Marine Radar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Marine Radar Market Trends |
6 Malaysia Marine Radar Market, By Types |
6.1 Malaysia Marine Radar Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Marine Radar Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Malaysia Marine Radar Market Revenues & Volume, By X-Band, 2021-2031F |
6.1.4 Malaysia Marine Radar Market Revenues & Volume, By S-Band, 2021-2031F |
6.2 Malaysia Marine Radar Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Marine Radar Market Revenues & Volume, By Transmitter, 2021-2031F |
6.2.3 Malaysia Marine Radar Market Revenues & Volume, By Receiver, 2021-2031F |
6.2.4 Malaysia Marine Radar Market Revenues & Volume, By Antennae, 2021-2031F |
6.2.5 Malaysia Marine Radar Market Revenues & Volume, By Others, 2021-2031F |
6.3 Malaysia Marine Radar Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Marine Radar Market Revenues & Volume, By Fishing Vessel, 2021-2031F |
6.3.3 Malaysia Marine Radar Market Revenues & Volume, By Recreational Boat, 2021-2031F |
6.3.4 Malaysia Marine Radar Market Revenues & Volume, By Merchant Marine, 2021-2031F |
6.3.5 Malaysia Marine Radar Market Revenues & Volume, By Others, 2021-2031F |
6.4 Malaysia Marine Radar Market, By Industry |
6.4.1 Overview and Analysis |
6.4.2 Malaysia Marine Radar Market Revenues & Volume, By Naval, 2021-2031F |
7 Malaysia Marine Radar Market Import-Export Trade Statistics |
7.1 Malaysia Marine Radar Market Export to Major Countries |
7.2 Malaysia Marine Radar Market Imports from Major Countries |
8 Malaysia Marine Radar Market Key Performance Indicators |
9 Malaysia Marine Radar Market - Opportunity Assessment |
9.1 Malaysia Marine Radar Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Malaysia Marine Radar Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Malaysia Marine Radar Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Malaysia Marine Radar Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Malaysia Marine Radar Market - Competitive Landscape |
10.1 Malaysia Marine Radar Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Marine Radar Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |