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.
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.
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.
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.
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.
Please Choose One of them.