
Global Fish Finders Market Size Study, by Product Type (Standalone, Combined, Networked System), by Equipment Type (Fixed, Portable), by Application (Recreational Fishing, Commercial Fishing, Professional Fishing, Others), and Regional Forecasts 2022-2032
Description
Global Fish Finders Market Size Study, by Product Type (Standalone, Combined, Networked System), by Equipment Type (Fixed, Portable), by Application (Recreational Fishing, Commercial Fishing, Professional Fishing, Others), and Regional Forecasts 2022-2032
The Global Fish Finders Market was valued at USD 503.8 million in 2023 and is anticipated to grow at a CAGR of 6.8% during the forecast period 2024-2032. Fish finders, utilizing Compressed High Intensity Radar Pulse (CHIRP) sonar technology, have revolutionized the way fishers locate and identify fish underwater. Initially reliant on gut instincts and experience, fishers now have access to advanced technologies like down imaging, side imaging, and integrated GPS systems that significantly improve precision and efficiency in fishing activities.
A significant growth driver for the market is the rise in demand for precision tools and technology, particularly in the recreational and commercial fishing segments. These segments represent the largest users of fish finders due to their need for accurate data and the ease of locating fish. The surge in global competition in fishing, combined with technological advancements such as CHIRP sonar technology, is set to fuel market growth. Furthermore, the rise in demand for noise-free devices and regulations aimed at protecting marine biodiversity are influencing the direction of product innovation and adoption.
The commercial fishing and recreational fishing segments currently dominate the market, with the portable equipment type being the leading contributor in 2021. Despite the market's growth, challenges such as the high cost of sonar and radar manufacturing, competition from IoT-based solutions, and stringent government regulations could hamper expansion. However, the market offers significant opportunities, especially in the integration of GPS with fish finders and the advancement of noise-reduction technologies for better environmental sustainability.
The key regions considered in the study include Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. The North American region is both the dominating and the fastest-growing region in the fish finders market. Several factors contribute to this dominance. Firstly, the region has a high prevalence of recreational fishing, which is a popular activity in countries like the United States and Canada. This hobby has driven significant demand for advanced fish finding equipment. Additionally, the presence of leading manufacturers and technological innovators in North America has resulted in the availability of cutting-edge fish finder devices that attract a wide range of consumers, from amateur anglers to professional fishers.
Major Market Players Included in this Report:
Johnson Outdoors Inc.
Humminbird
Lowrance
Simrad
NorCross Marine Products
Furuno Electric Co. Ltd.
Samyung ENC.
Deeper UAB
Brunswick Corporation
Garmin Ltd.
Teledyne Technologies Inc.
GME Pty Ltd
The detailed segments and sub-segment of the market are explained below:
By Product Type:
Standalone
Combined
Networked System
By Equipment Type:
Fixed
Portable
By Application:
Recreational Fishing
Commercial Fishing
Professional Fishing
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East
Saudi Arabia
South Africa
Rest of Middle East
Years considered for the study are as follows:
Historical year – 2021
Base year – 2022
Forecast period – 2023 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of geographical landscape with Country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Table of Contents
285 Pages
- Chapter 1. Global Fish Finders Market Executive Summary
- 1.1. Global Fish Finders Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Product Type
- 1.3.2. By Equipment Type
- 1.3.3. By Application
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
- Chapter 2. Global Fish Finders Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer’s Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory Frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
- Chapter 3. Global Fish Finders Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Rising Demand for Precision Fishing Equipment
- 3.1.2. Increasing Technological Advancements in Sonar and Imaging
- 3.1.3. Growing Recreational and Commercial Fishing Activities
- 3.2. Market Challenges
- 3.2.1. High Manufacturing Costs
- 3.2.2. Intense Market Competition
- 3.2.3. Regulatory Barriers and Environmental Concerns
- 3.3. Market Opportunities
- 3.3.1. Technological Integration with GPS Systems
- 3.3.2. Expansion into Noise-Free and Eco-Friendly Devices
- 3.3.3. Rising Demand for Portable Fish Finders
- Chapter 4. Global Fish Finders Market Industry Analysis
- 4.1. Porter’s 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunities
- 4.4. Top Winning Strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
- Chapter 5. Global Fish Finders Market Size & Forecasts by Product Type (2022-2032)
- 5.1. Segment Dashboard
- 5.2. Global Fish Finders Market: Product Type Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 5.2.1. Standalone
- 5.2.2. Combined
- 5.2.3. Networked System
- Chapter 6. Global Fish Finders Market Size & Forecasts by Equipment Type (2022-2032)
- 6.1. Segment Dashboard
- 6.2. Global Fish Finders Market: Equipment Type Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 6.2.1. Fixed
- 6.2.2. Portable
- Chapter 7. Global Fish Finders Market Size & Forecasts by Application (2022-2032)
- 7.1. Segment Dashboard
- 7.2. Global Fish Finders Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 7.2.1. Recreational Fishing
- 7.2.2. Commercial Fishing
- 7.2.3. Professional Fishing
- 7.2.4. Others
- Chapter 8. Global Fish Finders Market Size & Forecasts by Region (2022-2032)
- 8.1. North America Fish Finders Market
- 8.1.1. U.S. Fish Finders Market
- 8.1.1.1. Product Type breakdown size & forecasts, 2022-2032
- 8.1.1.2. Equipment Type breakdown size & forecasts, 2022-2032
- 8.1.1.3. Application breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Fish Finders Market
- 8.1.3. Mexico Fish Finders Market
- 8.2. Europe Fish Finders Market
- 8.2.1. UK Fish Finders Market
- 8.2.2. Germany Fish Finders Market
- 8.2.3. France Fish Finders Market
- 8.2.4. Italy Fish Finders Market
- 8.2.5. Rest of Europe Fish Finders Market
- 8.3. Asia-Pacific Fish Finders Market
- 8.3.1. China Fish Finders Market
- 8.3.2. Japan Fish Finders Market
- 8.3.3. India Fish Finders Market
- 8.3.4. South Korea Fish Finders Market
- 8.3.5. Rest of Asia-Pacific Fish Finders Market
- 8.4. LAMEA Fish Finders Market
- 8.4.1. Brazil Fish Finders Market
- 8.4.2. Middle East Fish Finders Market
- 8.4.3. Africa Fish Finders Market
- Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. Johnson Outdoors Inc.
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Market Strategies
- 9.3.2. Humminbird
- 9.3.3. Lowrance
- 9.3.4. Simrad
- 9.3.5. NorCross Marine Products
- 9.3.6. Furuno Electric Co. Ltd.
- 9.3.7. Samyung ENC.
- 9.3.8. Deeper UAB
- 9.3.9. Brunswick Corporation
- 9.3.10. Garmin Ltd.
- 9.3.11. Teledyne Technologies Inc.
- 9.3.12. GME Pty Ltd
- 9.3.13. Samyung ENC
- 9.3.14. GME (Standard Communications Pty Ltd)
- 9.3.15. JRC (Japan Radio Co., Ltd.)
- Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- List of Tables
- TABLE 1. Global Fish Finders Market, report scope
- TABLE 2. Global Fish Finders Market estimates & forecasts by Region (2022-2032) (USD Million)
- TABLE 3. Global Fish Finders Market estimates & forecasts by Product Type (2022-2032) (USD Million)
- TABLE 4. Global Fish Finders Market estimates & forecasts by Equipment Type (2022-2032) (USD Million)
- TABLE 5. Global Fish Finders Market estimates & forecasts by Application (2022-2032) (USD Million)
- TABLE 6. Global Fish Finders Market by segment, estimates & forecasts (2022-2032)
- ...
- This list is not complete; the final report contains more than 100 tables. The list may be updated in the final deliverable.
- List of Figures
- FIG 1. Global Fish Finders Market, research methodology
- FIG 2. Global Fish Finders Market, market estimation techniques
- FIG 3. Global market size estimates & forecast methods
- FIG 4. Global Fish Finders Market, key trends (2023)
- FIG 5. Global Fish Finders Market, growth prospects (2022-2032)
- FIG 6. Global Fish Finders Market, Porter’s 5 Force Model
- FIG 7. Global Fish Finders Market, PESTEL analysis
- FIG 8. Global Fish Finders Market, value chain analysis
- FIG 9. Global Fish Finders Market by Product Type (2022-2032) (USD Million)
- FIG 10. Global Fish Finders Market by Equipment Type (2022-2032) (USD Million)
- FIG 11. Global Fish Finders Market by Application (2022-2032) (USD Million)
- ...
- This list is not complete; the final report contains more than 50 figures. The list may be updated in the final deliverable.
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