Global Integrated Platform Management System Market and Geographyand Forecasts 2027
Bharat Book Bureau Provides the Trending Market Research Report on “Integrated Platform Management System Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Component (Hardware, Software); Naval Vessels (Frigates, Aircraft Carriers, Submarines); Application (Propulsion Control, Auxiliary Machinery Control, Safety and Damage Control Systems, Alarm and Event Monitoring, On-Board Trainer), and Geography” under Heavy Industry Category. The report offers a collection of superior market research, market analysis competitive intelligence and Market reports.
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; it is expected to grow at a CAGR of 5.8% during the forecast period.
The integrated platform management system (IPMS) is a complex control system solution developed for various types of naval vessels, including aircraft carriers, submarines, and frigates. The solution consists of electrical, damage control, propulsion, auxiliary, and HVAC systems integrated in a single solution. Integrating the system into aforesaid naval vessels removes standalone third party control equipment lowering cabling, weight, and space while offering better supportability.
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Last Update : 12 September 2020
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