Global Boat Depth Sounders
Market is expected to rise at a positive CAGR in the forthcoming period.
Fishermen and divers readily invest in high tech sonar equipment to catch fish
and undersea structures. Conceptually, depth sounders and fish finders are
identical terms and both are active forms of SONAR. A SONAR comprises four
basic components, transducer, transmitter, display unit and a receiver. The
only difference between a SONAR and depth sounder is, SONAR exhibits the sound
frequency back to the receiver whereas a depth sounder determines the level of
depth. The transducer is the same for depth sounder and fish finder. Display
monitors possess a better resolution than others and a basic monochrome display
is reasonably expensive to produce.
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Commercial driving factors
responsible for the growth of boat depth sounders market includes the demand
for novel fish finding techniques and also the growth in fishing activities
across the globe. However, price constraint, poor resolution and difficult
viewing act as a major hindering factor for the growth of boat depth sounders
market.
Based on segmentation by
product, the boat depth sounders market includes multi-beam and dual-frequency.
Based on segmentation by end-user, the boat depth sounders market includes
boats and ships.
Geographically, boat depth
sounders market spans North America, Latin America, Asia-Pacific, Middle-East
and Africa. APAC market gains a positive CAGR growth in the forthcoming period
owing to growth in marine technology and increase in fish finding techniques.
North America and Europe are also expected to gain a positive CAGR growth. MEA
regions are also expected to grow significantly owing to growth in fish finding
techniques and marine technology.
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