The repeater compass market is estimated to be valued at USD 592.7 million in 2025 and is expected to reach USD 640.3 million by 2032, growing at a compound annual growth rate (CAGR) of 1.1% from 2025 to 2032.
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.
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*Browse 24 market data tables and 28 figures on "Global Repeater Compass Market” - Global forecast to 2032
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