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The repeater compass market is estimated to be valued at USD 586.17 million in 2024 and is expected to reach USD 625.03 million by 2031, growing at a compound annual growth rate (CAGR) of 0.9% from 2024 to 2031.

Report Description:

The global repeater compass market has been witnessing steady growth over the years due to advancement in GPS technology. A repeater compass is an essential navigational instrument used across industries such as marine, aviation, and defense. It displays the heading that is being steered and is easy to read even from a distance. Repeater compasses find application in indicators, control panels and steering wheels to provide accurate directional feedback to pilots, captains and operators. With growing maritime trade and rising tourism through cruise liners, the demand for high quality repeater compasses has been on the rise globally.

Market Dynamics:

The global repeater compass market is driven by factors such as growing maritime trade volumes, expansion of commercial shipping and cruise industries, increased defense spending of various countries and modernization of existing naval fleet. However, high costs associated with repeater compass installation and maintenance is a key restraining factor. Development of digital display repeater compass with advanced features like night mode, alarm functions, and data recording capability present lucrative opportunities for market players. Further, integration of gyrocompass technology with repeater compass will improve accuracy and simplify installation process, gaining more traction going ahead.

Key features of the study:

  • This report provides an in-depth analysis of the global repeater compass market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2024–2031), considering 2023 as the base year.
  • It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global repeater compass market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include AMI Marine, Anschütz GmbH, Furuno, Garmin, Japan Radio Company, KVH Industries, Raymarine, Raytheon Anschütz, Ritchie Navigation, Ruian Shunfeng Navigation Instruments Co.,Ltd, Simrad Yachting, SI-TEX Marine Electronics, Sperry Marine, Syberg AS, and Weems & Plath.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • The global repeater compass market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global repeater compass market.

Detailed Segmentation:

  • Repeater Type 
    • Analog Repeater
    • Digital Repeater
    • Steering Repeater
    • Nav Data Repeater
    • Bearing Repeater
  • End User
    • Motorboats
    • Sailboats
    • Cruise Ships
    • Naval Vessels
    • Others
  • Region
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East
    • Africa
  • Key Players Insights
    • AMI Marine
    • Anschütz GmbH
    • Furuno
    • Garmin
    • Japan Radio Company
    • KVH Industries
    • Raymarine
    • Raytheon Anschütz
    • Ritchie Navigation
    • Ruian Shunfeng Navigation Instruments Co.,Ltd
    • Simrad Yachting
    • SI-TEX Marine Electronics
    • Sperry Marine
    • Syberg AS
    • Weems & Plath

Table of Contents:

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snapshot, By Repeater Type
      • Market Snapshot, By End User
      • Market Snapshot, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Opportunities
    • Impact Analysis
    • Key Highlights
    • Regulatory Scenario
    • Product Launches/Approvals
    • PEST Analysis
    • PORTER’s Analysis
    • Merger and Acquisition Scenario
  4. Global Repeater Compass Market – Impact of Coronavirus (COVID-19) Pandemic
    • COVID-19 Epidemiology
    • Supply Side and Demand Side Analysis
    • Economic Impact
  5. Global Repeater Compass Market, By Repeater Type, 2019-2031, (USD Mn)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2020-2031
      • Segment Trends
    • Analog Repeater
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
    • Digital Repeater
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
    • Steering Repeater
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
    • Nav Data Repeater
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
    • Bearing Repeater
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
  6. Global Repeater Compass Market, By End User, 2019-2031, (USD Mn)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2020-2031
      • Segment Trends
    • Motorboats
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
    • Sailboats
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
    • Cruise Ships
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
    • Naval Vessels
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
  7. Global Repeater Compass Market, By Region, 2019-2031, (USD Mn)
    • Introduction
      • Market Share Analysis, By Region, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019-2031
    • North America
      • Regional Trends
      • Market Size and Forecast, By Repeater Type, 2019 - 2031 (USD Million)
      • Market Size and Forecast, By End User, 2019 - 2031 (USD Million)
      • Market Share Analysis, By Country, 2024 and 2031 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Repeater Type, 2019 - 2031 (USD Million)
      • Market Size and Forecast, By End User, 2019 - 2031 (USD Million)
      • Market Share Analysis, By Country, 2024 and 2031 (%)
        • U.K.
        • Germany
        • France
        • Italy
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Repeater Type, 2019 - 2031 (USD Million)
      • Market Size and Forecast, By End User, 2019 - 2031 (USD Million)
      • Market Share Analysis, By Country, 2024 and 2031 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Repeater Type, 2019 - 2031 (USD Million)
      • Market Size and Forecast, By End User, 2019 - 2031 (USD Million)
      • Market Share Analysis, By Country, 2024 and 2031 (%)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Regional Trends
      • Market Size and Forecast, By Repeater Type, 2019 - 2031 (USD Million)
      • Market Size and Forecast, By End User, 2019 - 2031 (USD Million)
      • Market Share Analysis, By Country/Sub-region, 2024 and 2031 (%)
        • South Africa
        • GCC Countries
        • Israel
        • Rest of the Middle East & Africa
  8. Competitive Landscape
    • Company Profiles
      • AMI Marine
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Anschütz GmbH
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Furuno
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Garmin
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Japan Radio Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • KVH Industries
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Raymarine
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Raytheon Anschütz
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Ritchie Navigation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Ruian Shunfeng Navigation Instruments Co.,Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Simrad Yachting
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • SI-TEX Marine Electronics
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Sperry Marine
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Syberg AS
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Weems & Plath
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
  9. Wheel of Fortune
    • Wheel of Fortune
    • Analyst View
    • Coherent Opportunity Map
  10. Section:
    • Research Methodology
    • About Us

*Browse 24 market data tables and 28 figures on "Global Repeater Compass Market” - Global forecast to 2031

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