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Fish Finders Market Revenue to Reach 390 million US$ by the end of 2025
A fish finder is an instrument used to locate fish underwater by detecting reflected pulses of sound energy, as in sonar. A modern fish finder displays measurements of reflected sound on a graphical display, allowing an operator to interpret information to locate schools of fish, underwater debris, and the bottom of body of water. Fish finder instruments are used both by sport and commercial fishermen.
In the coming years there is an increasing demand for Fish Finders in the regions of North America and Europe that is expected to drive the market for more advanced Fish Finders. Increasing of recreational fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Fish Finders will drive growth in North America and Europe markets.
The impact on the cost and availability of raw materials and certain components is uncertain due to potential supply changes. The costs of raw materials have a significant impact on the level of expenses. If the prices of raw materials and related factors such as energy prices increase, and if new companies cannot pass those price increases on to customers, their results of operations and financial condition would suffer.
The global Fish Finders market is valued at 260 million US$ in 2017 and will reach 390 million US$ by the end of 2025, growing at a CAGR of 5.4% during 2018-2025.
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The major manufacturers covered in this report
Humminbird
Furuno
Navico
Raymarine
Garmin
Hule
Deeper
Samyung ENC
Norcross Marine Products
GME
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
India
Southeast Asia
Other regions (Central & South America, Middle East & Africa)
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Portable
Fixed
By Application, the market can be split into
Recreational Fishing
Commercial Fishing
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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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