Aerospace

FURUNO ELECTRIC CO., LTD

Company Profile Analysis

ESOMAR 23 Corporate BadgeISO Certifications Badge
FURUNO ELECTRIC CO., LTD - Aerospace showcase

Year Founded & Workforce

1950-12-31

2,930 Employees

Industry

Aerospace

Services

F

FURUNO ELECTRIC CO., LTD Overview

Company Headquarters: Nishinomiya, Hyōgo Prefecture, Japan

Founded: 1951

Workforce: ~2,930

Company Working: FURUNO Electric Co., Ltd is engaged in the manufacturing and sales of marine and industrial electronic equipment. The company operates through three business segments, namely marine, industrial, and wireless LAN/ handy terminal. The marine segment consists of navigation instruments, sonar systems, fishing instruments and radio communications equipment. The industrial segment consists of global positioning system (GPS) equipment, medical equipment, intelligent transport system (ITS) equipment and aviation devices. The others segment is consists of electronic equipment for aircraft, wireless handy terminals, and wireless local area network.

Company Snapshot

$698.9M

Revenue

2,930

Employees

1950-12-31

Founded

Nishinomiya, Hyōgo Prefecture, Japan

Headquarters

SWOT Analysis

Strengths

  • Strong presence in Asia-Pacific
  • Broad product portfolio

Weaknesses

  • High dependency on Asia-Pacific military contracts

Opportunities

  • Revenue opportunities in the Middle East and North America

Threats

  • Intense competition from companies such as Raytheon Company and Kongsberg Maritime

Key Developments

DateApproachDevelopment
October 2019Product LaunchFURUNO Electric Co., Ltd. launched 3D Sonar Visualizer F3D-S. A sonar system that provides 3D visualization of ship’s surroundings and provides 3D images of the seabed
September 2019Joint VentureFURUNO Electric Co., Ltd., COSCO SHIPPING Technology, and HEISEI TRADING CO., LTD formed a joint venture named COSCO SHIPPING FURUNO Navigation Technology (Shanghai) Co., Ltd based in Shanghai, China. The joint venture will be focusing on developing advanced marine equipment. The joint venture will enable FURUNO Electric Co., Ltd to strengthen its position in the Asian maritime market

Product Offering

  • FURUNO ELECTRIC CO., LTD
    • 3D Sonar Visualizer F3D-S
    • HALF-CIRCLE COLOR SCANNING SONAR
    • FSV-75
    • FULL-CIRCLE SCANNING SONAR CSH-5L MARK-2
    • FULL-CIRCLE SCANNING SONAR CSH-8L MARK-2
    • COLOR SECTOR SCANNING SONAR CH-37BB
    • FULL-CIRCLE COLOR SCANNING SONAR FSV-25/25S
    • FULL-CIRCLE COLOR SCANNING SONAR FSV-35
    • FULL-CIRCLE COLOR SCANNING SONAR FSV-85

Financial Performance

A plan for every need

Forecast+

Get unlimited access to forecasts, charts, and company data across every research report on Wantstats.

USD200/mo

About the Author

Wantstats Research Team

Wantstats' research desk profiles FURUNO ELECTRIC CO., LTD as part of our ongoing coverage of the Aerospace sector, drawing on public company data, filings, and market intelligence.

Powering the world's best teams.
From next-gen startups to established enterprises.

Google logo
Amazon logo
Microsoft logo
Intel logo
Neste logo
McKinsey & Company logo
Deloitte logo
Accenture logo
Oracle logo
PWC logo
EY logo
Honeywell logo

See our work in action

Start your data driven journey with us!

Book a Demo Now

What our clients say

Trusted by forward-thinking businesses
for data-driven intelligence

Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

FURUNO ELECTRIC CO., LTD

Starting from
$4,950