Boat Multipurpose GPS Instruments Market
Boat Multi-purpose GPS Instruments Market Scope: Industry Analysis, Market Size, Growth, Trends Till
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Boat Multi-purpose GPS Instruments Market Size and Growth
The Boat Multi-purpose GPS Instruments market is witnessing significant growth, driven by advancements in navigational technology and increased demand for recreational boating. The market size is projected to reach approximately $2 billion by 2025, with a compound annual growth rate (CAGR) of 6.5%, reflecting rising consumer interest in enhanced marine navigation solutions.
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Companies Covered
(Covid 19 Impact Covered)
◍ B & G
◍ Furuno
◍ Garmin
◍ Humminbird
◍ Raymarine
◍ Standard Horizon
◍ Simrad Yachting
◍ Navis
◍ Lowrance
◍ FURUNO DEEPSEA
◍ Extend Horizons
The Boat Multi-purpose GPS Instruments Market features companies like B&G, Furuno, Garmin, Humminbird, and Raymarine, which enhance navigation and safety. Their innovations and marketing strategies drive market growth. Sales revenues include Garmin (approx. $4.5 billion), Furuno ($1 billion), and Humminbird (part of Johnson Outdoors, $300 million).
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Market Segmentation
By Application
Sailing
Shipping
Others
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By Product
Fixed
Portable
Market Growth
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$ X Billion USD
