Marine GPS Chartplotters Market was valued at USD 2.50 Billion in 2022 and is projected to reach USD 4.50 Billion by 2030, growing at a CAGR of 8.30% from 2024 to 2030.
The Marine GPS Chartplotters market has witnessed significant growth from 2018 to 2022, driven by advancements in technology, rising demand for navigation systems, and the increasing adoption of recreational boating activities. These devices are widely used for navigation, route plotting, and real-time tracking, offering enhanced safety and efficiency on water. From 2018 to 2022, the market saw innovations such as multi-function displays, integrated sonar systems, and improved connectivity features like Wi-Fi and Bluetooth, catering to both commercial and recreational users. The rapid expansion of smart maritime technologies fueled this growth, and manufacturers such as Garmin, Raymarine, and Furuno dominated the market during this period.
In addition to the technological advancements, the increase in maritime tourism, commercial shipping, and fishing activities also contributed to the demand for GPS chartplotters. As the marine industry continued to grow, the need for accurate, real-time navigation systems became more critical, leading to higher demand for chartplotters with enhanced features such as high-resolution displays, better durability, and user-friendly interfaces. Moreover, as environmental regulations became stricter, vessels were required to adopt advanced navigation systems to comply with safety standards, further driving the market’s expansion. The demand for Marine GPS Chartplotters from 2023 to 2033 is expected to experience a significant shift. With the growing interest in autonomous vessels and smart boats, new trends are emerging in the market. Demand is anticipated to rise for more advanced chartplotters that integrate Artificial Intelligence (AI), Machine Learning (ML), and Internet of Things (IoT) capabilities. These innovations will allow for more efficient route planning, real-time weather monitoring, and predictive analytics for vessel maintenance.
Get an In-Depth Research Analysis of the Global Marine GPS Chartplotters Market Size And Forecast [2025-2032]
Garmin
Navico
Fruno
Raymarine
Humminbird
Samyung ENC
Deeper
Lucky Sonar
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.
Get Discount On The Purchase of the Global Marine GPS Chartplotters Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Marine GPS Chartplotters Market
Commercial Boat
Leisure Boat
Based on Types the Market is categorized into Below types that held the largest Marine GPS Chartplotters market share In 2023.
Cockpit Autopilots
Onboard Autopilots
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Marine GPS Chartplotters Market Research Analysis
1. Introduction of the Global Marine GPS Chartplotters 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. Global Marine GPS Chartplotters Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Marine GPS Chartplotters Market, By Type
6. Global Marine GPS Chartplotters Market, By Application
7. Global Marine GPS Chartplotters Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Marine GPS Chartplotters Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/