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Boat Clinometers Market (Product Type - Built-in, Pocket, Desktop, and Other Product Types; End-user - Sailboats, Yachts, and Other End-users): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025

  • Published : March, 2020

  • Rep Id : AT00186

  • Category : Automotive, Aerospace & Defence

  • Status : Published

A recent report published by Infinium Global Research on boat clinometers market provides an in-depth analysis of segments and sub-segments in the global as well as regional boat clinometers market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional boat clinometers market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global boat clinometers market. According to the report, the global boat clinometers market is projected to grow at a healthy CAGR over the forecast period of 2019-2025.

 

Market Insight

Boat clinometers are used to measure the tilting of a ship. It is a flat bottomed device and filled with liquid that gives the device the properties of displacement. It is covered with a glass covering and gives measurements like a full geometric circle. The margin of errors in the device is completely absent that makes the device very reliable.

 

Boat clinometers have vital importance because if ship tilts more when waves are high then it can lead to ship capsizing. Thus clinometers help to determine whether the tilting of the ship is dangerous and within the danger-free limits. Clinometers are widely used in the marine industry driving the growth of the boat clinometers market. The device is very unique and this uniqueness makes the device an important part of the marine industry. Additionally, clinometers are used to determine the maximum limit of the reservoir. Reservoirs containing oil and gases need to be dug only up to specified depth, otherwise, it can harm the marine ecosystem. Further, the inclinometers are also used in aircraft when climbing places of high altitude to find out the inclination of building constructions and slope of trees. The cost-effectiveness of the boat clinometers is another benefit leading to the expansion of the market. In addition, increasing traveling to remote areas through sea transportation stimulates the demand for boat clinometers. The rising awareness about the dangers of untreated water led to the growth of the boat clinometers market. Furthermore, the surge in the number of ships is one of the major factors contributing to the expansion of the boat clinometers market. A study estimated that there were around 53732 ships in the world’s merchant fleets. The increasing focus on enhancing the safety of ships promotes the expansion of the boat clinometers market. On the flip side, looking at the sun directly through clinometers can damage eyes restraining the growth of the boat clinometers market. Also, stringent regulations about product approval hinder market growth. Moreover, technological development promotes new product launches creating several opportunities for the growth of the boat clinometers market.

 

Geographically, the global boat clinometers market is divided into North America, Asia-Pacific, Europe, and the Rest of the World. Asia-Pacific region is expected to have a dominant share in the global boat clinometers market. The rising adoption of sea transportation and surge in the number of ships in the Asia-Pacific region contribute to the growth of boat clinometers in the Asia-Pacific region. North America is anticipated to grow in the global boat clinometers with a healthy CAGR over the forecast period. The growth of the boat clinometers market in North America is attributed to the presence of the huge number of naval ships in the region. The United States Navy has around 490 ships in active service as well as the reserve fleet. Europe has fruitful growth opportunities in the global boat clinometers market owing to the rising focus on improving the safety of the ships.

 

Segment Covered

The report on global boat clinometers market covers segments such as product type, and end-user. On the basis of product type, the sub-markets include built-in, pocket, desktop, and other product types. On the basis of end-user, the sub-markets include sailboats, yachts, and other end-users.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Raymarine plc, Simrad Yachting, Nanov Display Inc., Tetradyne Co., Ltd., Furuno Electric Co., Ltd., Beijer Electronics Technologies Pvt. Ltd., MarineNav Ltd., Motronia, FW Murphy, Veethree Electronics and Marine, LLC, and Other companies.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of boat clinometers market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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