@navico.com
Navico Group is a global leader in technology for marine, RV & specialty vehicle and beyond.
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Navico is a multinational marine electronics company based in Egersund, Norway. The company was founded in 2006 through a merger of three leading marine electronics companies: Simrad, Lowrance Electronics, and Northstar. Navico's headquarters is located in Egersund, a coastal town in southwestern Norway.
This location provides easy access to the North Sea, making it convenient for the company to develop and test its marine electronics products. The headquarters houses various departments, including research and development, manufacturing, marketing, and sales. Navico is known for its wide range of marine electronics products and services.
The company specializes in the design, development, and production of navigation systems, fish finders, autopilots, radar systems, chartplotters, and communication systems. These products are primarily used by recreational boaters, fishing vessels, and commercial ships. On a global scale, Navico operates through a network of subsidiaries, joint ventures, and partnerships.
The company has subsidiaries in countries such as the United States, France, Australia, and Mexico, allowing it to serve customers worldwide. Navico also collaborates with various marine equipment manufacturers and boat builders to integrate its products into their vessels. In terms of market position, Navico is a leading player in the marine electronics industry.
The company has a strong presence in North America and Europe and has been growing its market share in emerging markets, such as Asia and Latin America. Navico's products are highly regarded for their innovation, reliability, and user-friendly interfaces. Navico has achieved several significant milestones and events in its history.
In 2013, the company acquired the Swedish company Navionics, a world leader in electronic navigational charts. This acquisition strengthened Navico's position in the chartplotter market. Additionally, Navico has made significant advancements in technology, introducing features like CHIRP sonar and StructureScan imaging, which have revolutionized fish finding capabilities.
As of the latest available information, Navico continues to innovate and expand its product lineup. The company has introduced new products like the Simrad GO series chartplotters and the Lowrance HDS LIVE fishing systems. These products have been well-received by the industry and have contributed to Navico's growth.
In conclusion, Navico is a Norwegian marine electronics company known for its innovative products and global presence. With its headquarters in Egersund, the company has established itself as a market leader in navigation and fish finding systems. Navico's partnerships and subsidiaries enable it to serve customers worldwide, while its continuous focus on innovation ensures its position as a leader in the marine electronics industry
Company Type
Public Company
Company Size
1001-5000
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