Marine Chartplotter Market is Estimated to Register a CAGR of Nearly 7% During the Forecast Period

Marine Chartplotter Market is predicted to reach USD 1.28 Billion at a CAGR of 7% during the forecast period:

Market Research Future (MRFR) has published a cooked research report on the “Marine Chartplotter Market” that contains information from 2018 to 2032. The Marine Chartplotter Market   is estimated to register a CAGR of 7% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Marine Chartplotter Market — Simrad, Garmin Ltd, FLIR Systems, B&G, Lowrance, Furuno Electric Co., Ltd, Humminbird, Navionics srl, ONWA Marine Electronics Co. Ltd, and Japan Marina Co., Ltd

Market Highlights

The Marine Chartplotter Market is accounted to register a CAGR of 7% during the forecast period and is estimated to reach USD 1.28 Billion by 2032.

The marine chartplotter market is a segment of the marine electronics industry that focuses on the production and sale of chartplotter devices for marine navigation. A chartplotter is a navigational tool used by boaters and sailors to display electronic charts and other navigational information on a screen. Chartplotters typically combine GPS (Global Positioning System) technology with electronic charts, allowing users to track their position, plan routes, and avoid hazards while on the water. They provide real-time information such as position, speed, course, and depth, and can also integrate with other marine instruments and sensors.

Segment Analysis

The global Marine Chartplotter Market has been segmented based Type, Size, and Application.

These are dedicated devices solely designed for marine navigation. They come with built-in GPS receivers and displays to provide real-time navigation information. Integrated chartplotters are part of a larger marine electronics system, such as a multifunction display (MFD). They offer chartplotting capabilities along with other features like fishfinding, radar, and sonar.

Chartplotters with smaller displays, typically ranging from 5 to 7 inches, are suitable for smaller vessels or installations with limited space. Chartplotters with medium-sized displays, typically ranging from 8 to 12 inches, are commonly used in mid-sized vessels and provide a good balance between screen size and space requirements. Chartplotters with larger displays, typically ranging from 13 inches and above, are ideal for larger vessels where a more extensive view and detailed information are required.

Chartplotters designed for recreational boating are feature-rich, user-friendly, and cater to the needs of casual boaters, fishermen, and watersport enthusiasts. Chartplotters for commercial shipping are designed for larger vessels, such as cargo ships, tankers, and container ships. They often include additional features like AIS (Automatic Identification System) integration and advanced navigation capabilities. These chartplotters are designed to meet the specific requirements of military and defense applications. They may have enhanced security features, encrypted communication protocols, and specialized functionalities for mission-critical operations.

Regional Analysis

The global Marine Chartplotter Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America is a significant market for marine chartplotters. The region has a large number of recreational boating enthusiasts and commercial fishing industries. The United States and Canada are key contributors to the market growth in this region. Factors such as advanced navigation technologies, increasing demand for accurate marine mapping systems, and the presence of major manufacturers drive the market growth in North America.

Europe is another prominent market for marine chartplotters. Countries like the United Kingdom, Germany, France, Italy, and the Netherlands have a strong presence in the market. The region's extensive coastline, thriving fishing industry, and popularity of recreational boating contribute to the demand for marine chartplotters. Additionally, stringent regulations regarding safety and navigation also drive the market growth in Europe.

The Asia Pacific region offers significant growth opportunities for the marine chartplotter market. Countries like China, Japan, South Korea, Australia, and New Zealand have a large coastal area and a growing marine industry. Increasing disposable income, rising tourism, and growing interest in water sports and recreational boating fuel the demand for marine   chartplotters in this region. Moreover, government initiatives promoting maritime safety and the development of marine infrastructure further support market growth.

It's important to note that the market dynamics and regional growth rates can change over time due to various factors, including economic conditions, government regulations, technological advancements, and market competition. Therefore, it's recommended to refer to the latest market research reports for the most up-to-date regional analysis of the marine chartplotter market.

Key Findings of the Study

• The global Marine Chartplotter Market is expected to reach USD 1.28 Billion by 2032, at a CAGR of 7% during the forecast period.


• North America is a significant market for marine chartplotters. The region has a large number of recreational boating enthusiasts and commercial fishing industries.


• These are dedicated devices solely designed for marine navigation. They come with built-in GPS receivers and displays to provide real-time navigation information


• Simrad , Garmin Ltd , FLIR Systems , B&G , Lowrance , Furuno Electric Co., Ltd , Humminbird , Navionics srl , ONWA Marine Electronics Co. Ltd , Japan Marina Co., Ltd