South Korea Handheld Fish Finder Market was valued at USD 0.05 Billion in 2022 and is projected to reach USD 0.1 Billion by 2030, growing at a CAGR of 9.8% from 2024 to 2030.
The South Korea Handheld Fish Finder Market has witnessed a surge in demand, driven by advancements in technology and the increasing popularity of recreational fishing. These compact devices, designed to detect underwater objects such as fish, structures, and the sea floor, offer users enhanced fishing experiences with high precision and real-time data. Handheld fish finders are growing in popularity due to their portability, affordability, and ease of use, especially among amateur anglers and professionals alike.
One of the key factors contributing to the market's growth is the demand from the fishing industry, where handheld fish finders are crucial for improving catch rates and ensuring more efficient fishing practices. In South Korea, fishing is not just a leisure activity but also an important economic activity, with the marine industry contributing significantly to the national GDP. Commercial fishermen, as well as those in recreational fishing, are increasingly adopting these devices for their convenience and reliability.
Various types of handheld fish finders are being developed to meet diverse industry requirements. The most common models are those that utilize sonar technology to map underwater topography and track fish movements. The market also sees an increasing demand for advanced features such as GPS integration, Wi-Fi connectivity, and smartphone compatibility, making the devices even more appealing for both commercial and recreational users.
Industrial requirements in the fishery sector also drive the development of specialized handheld fish finders. For instance, companies focusing on aquaculture use these devices to monitor fish health and assess water conditions, ensuring optimal environments for aquatic life. The versatility of handheld fish finders extends beyond fishing, as they are also used in search-and-rescue missions, underwater exploration, and environmental monitoring.
As the South Korea Handheld Fish Finder Market continues to grow, its influence spreads across multiple industries. The integration of modern technology into these devices enhances their functionality, making them an indispensable tool for various sectors. With growing demand, it is expected that the market will keep evolving, offering even more innovative solutions for its users.
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Garmin
Lowrance
Deeper
Humminbird
Reel Sonar
Vexilar
HawkEye Electronics
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Handheld Fish Finder Market
Portable Fish Finders
Castable Fish Finders
Fixed Fish Finders
Sonar-Based Fish Finders
GPS-Integrated Fish Finders
Wi-Fi Enabled Fish Finders
Recreational Fishing
Commercial Fishing
Professional Fishing
LED Display
LCD Display
Touchscreen Display
Amateur Fishers
Professional Fishers
Fishing Enthusiasts
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Handheld Fish Finder Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Handheld Fish Finder Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Handheld Fish Finder Market, By Type
6. South Korea Handheld Fish Finder Market, By Application
7. South Korea Handheld Fish Finder Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Handheld Fish Finder Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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