MARINE FISHFINDER MARKET

INTRODUCTION

Fishing has been a favorite recreational activity of many boaters in US and Europe and owing to COVID, it gained further prominence this year.

As a result the demand in marine fish finder(Sonar based) market is now more than ever.

The range of boating fish finders are limited, but still better than conventional depth sounders.

MARINE FISHFINDER MARKET DYNAMICS

The technology trend in recent years has been to show as much as seabed as possible Echo pilot’s range updates with very low latency and can be used at speeds of up to 36km/hr(20knots).

Larger and more powerful transducers can provide higher frequency range that allows a great deal of detail to be shown.

Garmin’s Pan optic range is available with through-hull transducers intended for fitting to yachts and also includes forward-looking functionality. The front view mode displays the seabed ahead of the boat at a range of up to 90m although, in normal depth. The scanner has a 20° beam width and provides pictures with decent clarity at boat speeds of up to  15km/hr.(8 knots)

The top end model from GARMIN i.e. Pan optic Live Scope. gives real-time scanning both ahead and around the boat, with enough detail at a maximum range of 60m from the boat. 

Far Sounder produces a range of forward-looking sonar for bigger boats with range of up to 1km at operational speeds of up to 25 knots.

B&G`s Forward scan has a 180kHz transducer, which can scan the seabed over a 15° arc up to 90m ahead of the boat. The ForwardScan data can also be superimposed on a chart, to indicate safe, warning and critical depths.

Sim rad’s NSO evo3 glass bridge systems can be fitted to bigger sportfishing vessels. The NSS evo3 starting at $1,299 with 7/9/12/16 inch multifunction displays has been designed for 20- to 40-foot boats.

MARINE FISHFINDER MARKET DESIRED IMPROVEMENT

In marine fish finders there is always a conflict between range and detail. A 80kHz sonar will be able to reach greater depths, but will lack in detail. Conversely, a 200kHz units, will reveal more detail, but at the expense of range.

Accuracy is variable and closely co-related with location of the transducer and water conditions.

MARINE FISHFINDER MARKET SEGMENTATION

MARINE FISHFINDER MARKET By Product

• 2D System
• 3D System

MARINE FISHFINDER MARKET By Price

• Under $1,500
• More than $1,500

MARINE FISHFINDER MARKET By Region

• US
• Europe
• Asia
• Rest of the world

MARINE FISHFINDER MARKET SIZE AND FORECAST

The global Marine fish finder market is estimated at $XX Million in 2024, growing at --% CAGR till 2030.

COVID IMPACT

As Fishing became a favorite pastime for many people, GARMIN reported improved earnings in Q2-2020 on the back of solid sales of its products, Pan optic.

MARINE FISHFINDER MARKET COMPETITIVE LANDSCAPE

UK based Echo pilot is one of the leading players in European market and is now owned by the Diamant group since 2017. 

US based GARMIN is a leading player in the North American market.

MARINE FISHFINDER MARKET COMPANY PROFILES

1. GARMIN
2. Echopilot
3. B&G
4. Simrad
5. Far Sounder

THIS MARINE FISHFINDER MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. Market Size and Forecast (2020-2025), Units and $M
2. Market split by region, end use segment and range
3. Market share of leading vendors, 2020
4. COVID impact on marine Fish finder market and suppliers` earnings
5. Marine Fish finder Technology trends