Global Marine Fishfinder Market 2020-2025

August 20, 2020
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GLOBAL MARINE FISHFINDER MARKET

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

 

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

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

 

GLOBAL MARINE FISHFINDER MARKET DYNAMICS

The technology trend in recent years has been to show as much as seabed as possible Echopilot’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 Panoptix 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. Panoptix LiveScope. 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.

Simrad’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.

 

DESIRED IMPROVEMENT IN MARINE FISHFINDER MARKET

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.

 

GLOBAL MARINE FISHFINDER MARKET SEGMENTATION

By Product

  • 2D System
  • 3D System

By Price

  • Under $1,500
  • More than $1,500

 

By Region

  • US
  • Europe
  • Asia
  • Rest of the world

 

GLOBAL MARINE FISHFINDER MARKET SIZE AND FORECAST

The global Marine fishfinder market is estimated at $XX Million in 2020, growing at –% CAGR till 2025.

 

 

COVID IMPACT ON MARINE FISHFINDER MARKET

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

 

COMPETITIVE LANDSCAPE

UK based Echopilot is one of the leading players in European market and is now owned by the Daniamant group since 2017. 

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

 

 

COMPANY PROFILES

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

 

THIS 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 Fishfinder market and suppliers` earnings
  5. Marine Fishfinder Technology trends

 

 

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2020-2025
18Market Segmentation, Dynamics and Forecast by Product Type, 2020-2025
19Market Segmentation, Dynamics and Forecast by Application, 2020-2025
20Market Segmentation, Dynamics and Forecast by End use, 2020-2025
21Product installation rate by OEM, 2020
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2020
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix

 

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