Market Overview:
The global boat fish finders market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for portable fish finders and rising awareness about the benefits of using boat fish finders among fishermen. Based on type, the global boat fish finders market is segmented into portable fishfinders and fixed Fishfinders. The portable Fishfinder segment is expected to grow at a higher CAGR than that of fixed Fishfinder during the forecast period from 2018 to 2030. This can be attributed to their growing popularity among recreational fishermen owing to their portability and ease of use. Based on application, the global Boat Fish Finder Market is segmented into recreational fishing and commercial fishing segments.
Product Definition:
Boat Fish Finders are devices that are used to locate fish underwater. They work by emitting a sound or pulse that is then reflected back off of the fish. This reflection is then detected and translated into an image on a screen or sonar chart. Boat Fish Finders are important because they allow fishermen to find fish more easily and accurately.
Portable Fish Finders:
Portable fish finders are electronic devices used to locate and identify aquatic animals such as fishes, seals, lobsters, crabs or other marine life in the water. The product is gaining popularity among anglers who like to fish during their free time. It also helps them in identifying different species of fishes by sight and sound.
Fixed Fish Finders:
Fixed fish finders are the instruments that help in locating and identifying objects underwater. The device is used for recreational as well as commercial purposes. It consists of a number of sensors, transducers, and electronic devices that help in providing information about the depth of water body along with identification of objects located under water surface. Fixed fish finders are different from portable or hand-held ones because it has internal power supply to function continuously without any external support such as battery packs or charging stations.
Application Insights:
The recreational fishing segment accounted for the largest share of more than 60.0% in 2017. The segment is expected to witness significant growth over the forecast period owing to increasing disposable income, especially in emerging economies such as China, India and Brazil. Increasing spending on sports and leisure activities is also likely to be a major factor driving the demand for fish finders across this application segment over the forecast period.
The commercial fishing sector was valued at USD 1,227.1 million in 2017 due largely to rising utilization of boats and vessels by companies operating in various sectors including oil & gas exploration; marine transportation; agriculture; mining etc., globally speaking there are no limits on where commercial fishermen can go provided they have access to open water or coastal areas around a particular country or area as long as they observe certain rules set down by national governments regarding their operations within territorial waters (exclusive economic zones).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. Increasing popularity of recreational fishing and rising awareness about fish finders among people are some of the key factors contributing to regional growth. In addition, increasing number of tournaments held for catching big fishes is also anticipated to drive product demand in North America during the forecast period.
Asia Pacific is expected to be one of fastest growing regions over the next eight years owing to increasing disposable income, changing lifestyles and growing environmental concerns among consumers regarding overfishing activities in their respective countries such as India, China and Thailand etc.
Growth Factors:
- Increasing demand for leisure boats and fishing boats
- Rising popularity of boat fish finders as a key navigational aid
- Growing awareness about the benefits of using boat fish finders
- Advances in technology that have led to the development of more sophisticated and user-friendly boat fish finders
- The increasing number of fishing tournaments and other recreational boating events
Scope Of The Report
Report Attributes
Report Details
Report Title
Boat Fish Finders Market Research Report
By Type
Portable Fish Finders, Fixed Fish Finders
By Application
Recreational Fishing, Commercial Fishing
By Companies
Humminbird, Navico, Furuno, Garmin, Raymarine, Samyung ENC, Deeper, Lucky Sonar, Norcross Marine Products, SI-TEX Marine Electronics, Humminbird
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Boat Fish Finders Market Report Segments:
The global Boat Fish Finders market is segmented on the basis of:
Types
Portable Fish Finders, Fixed Fish Finders
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Recreational Fishing, Commercial Fishing
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Humminbird
- Navico
- Furuno
- Garmin
- Raymarine
- Samyung ENC
- Deeper
- Lucky Sonar
- Norcross Marine Products
- SI-TEX Marine Electronics
- Humminbird
Highlights of The Boat Fish Finders Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Portable Fish Finders
- Fixed Fish Finders
- By Application:
- Recreational Fishing
- Commercial Fishing
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Boat Fish Finders Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Boat Fish Finders are a type of fishing equipment that is designed to help anglers find and catch fish in water. These devices typically consist of a receiver unit, which attaches to the boat, and a transmitter unit, which sends out signals that can be detected by the device's antenna. The receiver unit typically contains an electronic display that shows information about the location and status of any nearby fish.
Some of the major players in the boat fish finders market are Humminbird, Navico, Furuno, Garmin, Raymarine, Samyung ENC, Deeper, Lucky Sonar, Norcross Marine Products, SI-TEX Marine Electronics, Humminbird.
The boat fish finders market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Boat Fish Finders Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Boat Fish Finders Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Boat Fish Finders Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Boat Fish Finders Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Boat Fish Finders Market Size & Forecast, 2018-2028
4.5.1 Boat Fish Finders Market Size and Y-o-Y Growth
4.5.2 Boat Fish Finders Market Absolute $ Opportunity
Chapter 5 Global Boat Fish Finders Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Boat Fish Finders Market Size Forecast by Type
5.2.1 Portable Fish Finders
5.2.2 Fixed Fish Finders
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Boat Fish Finders Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Boat Fish Finders Market Size Forecast by Applications
6.2.1 Recreational Fishing
6.2.2 Commercial Fishing
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Boat Fish Finders Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Boat Fish Finders Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Boat Fish Finders Analysis and Forecast
9.1 Introduction
9.2 North America Boat Fish Finders Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Boat Fish Finders Market Size Forecast by Type
9.6.1 Portable Fish Finders
9.6.2 Fixed Fish Finders
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Boat Fish Finders Market Size Forecast by Applications
9.10.1 Recreational Fishing
9.10.2 Commercial Fishing
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Boat Fish Finders Analysis and Forecast
10.1 Introduction
10.2 Europe Boat Fish Finders Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Boat Fish Finders Market Size Forecast by Type
10.6.1 Portable Fish Finders
10.6.2 Fixed Fish Finders
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Boat Fish Finders Market Size Forecast by Applications
10.10.1 Recreational Fishing
10.10.2 Commercial Fishing
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Boat Fish Finders Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Boat Fish Finders Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Boat Fish Finders Market Size Forecast by Type
11.6.1 Portable Fish Finders
11.6.2 Fixed Fish Finders
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Boat Fish Finders Market Size Forecast by Applications
11.10.1 Recreational Fishing
11.10.2 Commercial Fishing
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Boat Fish Finders Analysis and Forecast
12.1 Introduction
12.2 Latin America Boat Fish Finders Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Boat Fish Finders Market Size Forecast by Type
12.6.1 Portable Fish Finders
12.6.2 Fixed Fish Finders
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Boat Fish Finders Market Size Forecast by Applications
12.10.1 Recreational Fishing
12.10.2 Commercial Fishing
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Boat Fish Finders Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Boat Fish Finders Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Boat Fish Finders Market Size Forecast by Type
13.6.1 Portable Fish Finders
13.6.2 Fixed Fish Finders
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Boat Fish Finders Market Size Forecast by Applications
13.10.1 Recreational Fishing
13.10.2 Commercial Fishing
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Boat Fish Finders Market: Competitive Dashboard
14.2 Global Boat Fish Finders Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Humminbird
14.3.2 Navico
14.3.3 Furuno
14.3.4 Garmin
14.3.5 Raymarine
14.3.6 Samyung ENC
14.3.7 Deeper
14.3.8 Lucky Sonar
14.3.9 Norcross Marine Products
14.3.10 SI-TEX Marine Electronics
14.3.11 Humminbird
