Chart Plotter Market
Chart Plotter Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Chart Plotter Market Size and Growth
The chart plotter market is witnessing significant growth, driven by increasing demand for navigational technology in marine applications. As of 2023, the market size is estimated to surpass $1 billion, with rising adoption among recreational and commercial vessels. Key trends include advancements in connectivity and integration with mobile devices.
Companies Covered
(Covid 19 Impact Covered)
◍ Simrad
◍ Garmin Ltd
◍ FLIR Systems
◍ B&G
◍ Lowrance
◍ Furuno Electric Co., Ltd
◍ Humminbird
◍ Navionics srl
◍ ONWA Marine Electronics Co. Ltd
◍ Japan Marina Co., Ltd
The Chart Plotter Market features companies like Simrad, Garmin, FLIR Systems, B&G, Lowrance, Furuno, Humminbird, Navionics, ONWA, and Japan Marina, which innovate with advanced navigation technologies, enhancing user experience. Their strategic marketing and product diversification drive market growth. Garmin reported $3.76 billion in marine sales; Furuno earned approximately $1.3 billion in marine equipment revenue.
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Market Segmentation
By Application
Yachts
Fishing Boat
Others
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By Product
GPS Based Chart Plotter
GNSS Based Chart Plotter
Market Growth
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$ X Billion USD
