Marine Compass Market

The global Marine Compass market was valued at million in 2024 and is projected to reach US$ million by 2031, at a CAGR of %during the forecast period.
A marine compass is a navigational instrument used by sailors and mariners to determine the direction of travel at sea. It is a magnetic compass specifically designed to be used on a boat or ship. The marine compass consists of a magnetic needle that aligns itself with the Earth"s magnetic field, indicating the north-south direction. It is typically housed in a liquid-filled capsule to reduce friction and provide stability. The compass is mounted on a gimbal system that allows it to remain level and unaffected by the motion of the vessel. Marine compasses are essential tools for navigation and are used in conjunction with charts, maps, and other navigational aids to determine the course and heading of a vessel.
The U.S. market size is estimated at $ million in 2024, while China is to reach $ million.
Bracket Mount segment will reach $ million by 2031, with a % CAGR in next six years.
The global key manufacturers of Marine Compass include Sun Company, Sparton Navigation and Exploration, Warren-Knight Instrument, Weather Scientific, Endeco, PNI Sensor, Aviation Marine - Specialty Products & Services, Brunton Outdoor, General Oceanics, Anchor Marine, etc. In 2024, the global top five players had a share approximately % in terms of revenue.
We have surveyed the Marine Compass manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks
Marine Compass Market aims to provide a comprehensive presentation of the global market for Marine Compass, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Marine Compass. Marine Compass Market contains market size and forecasts of Marine Compass in global, including the following market information:
Global Marine Compass market revenue, 2020-2025, 2026-2031, ($ millions)
Global Marine Compass market sales, 2020-2025, 2026-2031, (K Units)
Global top five Marine Compass companies in 2024 (%)
Total Market by Segment:
Global Marine Compass market, by Type, 2020-2025, 2026-2031 ($ millions) & (K Units)
Global Marine Compass market segment percentages, by Type, 2024 (%)
Bracket Mount
Surface Mount
Global Marine Compass market, by Application, 2020-2025, 2026-2031 ($ Millions) & (K Units)
Global Marine Compass market segment percentages, by Application, 2024 (%)
Boat
Yachting
Global Marine Compass market, by region and country, 2020-2025, 2026-2031 ($ millions) & (K Units)
Global Marine Compass market segment percentages, by region and country, 2024 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Marine Compass revenues in global market, 2020-2025 (estimated), ($ millions)
Key companies Marine Compass revenues share in global market, 2024 (%)
Key companies Marine Compass sales in global market, 2020-2025 (estimated), (K Units)
Key companies Marine Compass sales share in global market, 2024 (%)
Further, the report presents profiles of competitors in the market, key players include:
Sun Company
Sparton Navigation and Exploration
Warren-Knight Instrument
Weather Scientific
Endeco
PNI Sensor
Aviation Marine - Specialty Products & Services
Brunton Outdoor
General Oceanics
Anchor Marine
Oceanic Worldwide
E.S. Ritchie & Sons
Ikelite
Weems & Path
Outline of Major Chapters:
Chapter 1: Introduces the definition of Marine Compass, market overview.
Chapter 2: Global Marine Compass market size in revenue and volume.
Chapter 3: Detailed analysis of Marine Compass manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Marine Compass in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Marine Compass capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.