Boat Compasses Market
Boat Compasses Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Boat Compasses Market Size and Growth
The Boat Compasses market is experiencing growth due to increasing recreational boating activities and advancements in marine technology. As of recent estimates, the market size is projected to reach approximately $120 million by 2025, reflecting a CAGR of 5%. Enhanced precision and navigation features drive consumer demand and product innovation. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Riviera srl Genova
◍ Ritchie Navigation
◍ Weems & Plath
◍ Simrad Yachting
◍ Plastimo
◍ Silva
◍ Novasail
◍ Cassens & Plath
◍ Canepa & Campi
◍ AAA WORLD-WIDE
◍ Furuno
◍ Lars Thrane
◍ Tecnautic
◍ Edson
ENTERPRISES
The Boat Compasses Market features companies like Ritchie Navigation, Simrad Yachting, and Furuno, which enhance navigation solutions through innovation. Key players leverage advanced technology and expand product offerings, driving market growth. Sales revenues for some companies include:
- Ritchie Navigation: $10 million
- Furuno: $500 million
- Weems & Plath: $5 million. Request Sample Report
Market Segmentation
By Application
By Product
◍ Tactical Compasses ◍ Others ◍ Sailboats ◍ Yachts ◍ Others
◍ Steering Compasses ◍ Bearing Compasses
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Market Growth
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$ X Billion USD
