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Marine Chartplotter Market Size, By Product, By Display Size, By Application, By End Use, By Distribution Channel, Growth Forecast 2025 – 2034

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Marine Chartplotter Market Size

The global marine chartplotter market was valued at USD 786.2 million in 2024 and is estimated to register a CAGR of 6.1% between 2025 and 2034. The expansion of the market in recreational boating is being fueled by a growing concern about safety and new developments in the field. Improved vessel designs, as well as advanced navigation equipment, which includes new chartplotters, are important in the reduction of the number of accidents and the number of deaths. Besides, stringent policies and heightened focus on safety education are also ensuring a more aware and cautious population that practices boating. These changes can only pave way for the growth of the market, since there will be supply for safer boating and greater trust as the number of users increases.
 

Marine Chartplotter Market

Perusing the statistics, the National Safe Boating Council has exhibited a decrease in reported recreational vessels in the year 2021, standing at the registered recreational vessels of 11,546,512, which falls short of the 2020 recorded 11,764,301. The death rate based on the figures also dropped by 9.3% points this year compared to 2021 while the highest figure for this year was 4.9 per 100 thousand registered vessels.
 

The global marine chartplotter market is growing at a tremendous pace due to the combination of IoT and cloud technologies. Advanced chartplotters are now capable of connecting to clouds to receive weather, tide, and ship traffic information, which greatly improves the accuracy of navigation and the quality of decisions. Connectivity allows boaters to post routes, get help remotely, and utilize high-end analytics as well. The digitalization of the marine sector will further enhance the uptake of these types of smart interconnected systems and consequently enhance chartplotter use by both commercial and leisure users.
 

Marine Chartplotter Market Trends

  • Growth of the marine chartplotter sector can be attributed to the increase in consumer spending as well as various economic factors. There is a growing consumer base for low-cost as well as multipurpose boating facilities, as more and more people are indulging in outdoor boating and other leisurely activities.
     
  • More advanced technology, better construction of boats, and the development of new waterways are also factors to bolster boating participation. As well, interest in sustainable boating means that products targeting environmentally aware consumers are also aiding growth of this industry.
     
  • From NMMA data, this type of study highlights an increase in the level of annual economic activity connected to recreational boating from USD 170 billion in 2018 to USD 230 billion in 2023, an increase of 36%. Moreover, about 61% of boat owners within the US earn more than USD 75,000 annually. 95% of the 12 million boats that are registered in the USA are owners of these boats. Additionally, these boats are pulled by cars from the owners' homes to the waterways.
     
  • One important constraint in the market for these marine chart plotters is the purchasing and maintenance setup costs that are rather high. Sophisticated chart plotters possess built-in features that include 4k display, multiple device integration, real-time connectivity among others, thus storing these enables more devices capable of chart plotting, hence they are too expensive for consumers on a budget and small commercial operator.
     
  • Furthermore, such maintenance along with timely revisions might be an additional factor to consider in the user's budget. This challenge can restrict the growth of potential buyers, especially those from emerging economies, and consequently have a negative impact on both the market integration rate and economic development pace.
     

Marine Chartplotter Market Analysis

Marine Chartplotter Market Size, By Product, 2022-2034, (USD Million)
  • Based on product, the market is divided into fixed mount, and portable. In 2024, the fixed mount held a market share of over 73% and is expected to cross USD 573.4 million by 2034.  Fixed-mount chartplotters continue to be popular largely because they are more durable than other devices and are better integrated.
     
  • They are permanently mounted on vessels and are designed to operate in the extreme conditions found in the marine environment. They are in great need by serious boaters and commercial operators as they can be integrated with other systems installed on the boat such as radar and sonar. Because of the better visibility and hands-free operation offered by the fixed installation, the users are able to have better experience and safety during operation. Furthermore, the expansion of the market is further fueled by the increasing tendency of key players to invest in new technology such as high-end fixed mount chartplotters that offer high-quality displays and real-time data exchange.
     
Marine Chartplotter Market Share, By Distribution Channel, 2024
  • Based on distribution channel, the market is categorized into online and offline. The offline segment held a market share of 64% in 2024. The marine chartplotter market as offline have remained an option because of the relationships. Boaters appreciate being able to physically try out the devices and talk to experts before buying.
     
  • They provide professional recommendations concerning the use of the equipment, assistance concerning the installation, and support even after the sale, thereby gaining the customers' confidence. Moreover, the offline channel enables the demonstration of enhanced features of marine chartplotters which are hard to explain on the internet, increasing consumers' confidence and increasing sales.
     
U.S. Marine Chartplotter Market Size, 2022-2034 (USD Million)
  • U.S. dominated the global marine chartplotter market with a major share of over 87% in 2024. The U.S. is the world's largest market due to its large shoreline, great interest in recreational boating, and superior marine facilities. Boating is also promoted as a hobby by government programs which advocate safety and new technology. The strong presence of main manufacturers and distributors of chartplotters ensures sufficient supply and reasonable prices. In addition, the growth of marine chartplotters in the U.S. market is enhanced by increasing demand from commercial and recreational areas and developments in navigational technologies.
     
  • European leadership in maritime trade and the demand for recreational boating also generates the need for marine chartplotters. Norway, Italy, and France are among the states where the boating culture is deeply rooted owing to the countries' rich seafaring history. But more importantly, advanced navigation systems have been a requirement within the regulations, and this has helped grow a significant market for this industry.
     
  • The rapidly growing eco-tourism and high increase in usage of smart technologies, devices, and appliances in vessels also serve to promote the growth of the market. Furthermore, the increasing emphasis on the use of environmentally friendly chartplotters in Europe enhances the need to have better energy-saving devices for the countries.
     
  • A slew of factors such as the rapid economic growth of the Asia Pacific region, the abundant disposable income of its citizens, and the increasing volume of maritime trade have spurred the growth of the marine chartplotter market in this area. Countries that are commonly associated with boating recreational and industrial include China, Japan, and Australia; and governments of all nations are investing in maritime infrastructure due to the widespread rise in water sporting, which caters to the demand for the marine trade. The survival of local businesses that sell affordable devices with rich features also aids in the marketing of the area.
     

Marine Chartplotter Market Share

  • Garmin, Furuno, Humminbird, Lowrance, Raymarine, Simrad, and Yaesu hold a significant market share of over 31% in the market. Advanced technologies such as enhanced networking, faster processors, and 4K displays are among the many features that Garmin boasts of.
     
  • Its chartplotters with GPSMAP Series have excellent features and are thus expected to remain the standard in the market. This is possible thanks to the collaboration with Microsoft which allows for the expansion of the global reach. There is a high level of investment made in R&D with the help of new key partnerships allowing for the development of new product offerings.
     
  • FURUNO develops tough and dependable chart plotters that are made to suit different industries. FURUNO designs professional navigation systems and radar systems offering over-the-top integration with seamless functionality of sonar, along with direct customer support ensuring enhancement and business feasibility of their households.
     

Marine Chartplotter Market Companies

Major players operating in the marine chartplotter industry include:

  • B&G
  • Furuno
  • Garmin
  • Humminbird
  • Lowrance
  • Navico
  • Northstar
  • Raymarine
  • Simrad
  • Standard Horizon
     
  • The marine chartplotter industry is characterized by quite a few renowned players in the global space and more specialized regional players that serve specific market needs. For example, Garmin, Raymarine, and Furuno are all prominent global players which offer the best chartplotting systems because they have integrated worldwide navigation satellite systems for three-dimensional cartography as well as multifunction displays that incorporate sonar, radar, and AIS data.
     
  • These enterprises utilize their international marketing and research and development efforts to develop new products suitable for commercial ships, cruisers, high-end yachts, and various fishing fleets to guarantee exact location and secure sailing in multiple sea settings.
     
  • Smaller regional players particularly do well when it comes to offering lower-priced products with more personalized services for smaller vessels within inland waterways and other more specialized and niche markets. Their products tend to be unsophisticated, durable, and tailored according to the geographical location, and this appeals to a niche market which includes local fishermen as well as leisure motorboat users.
     
  • As the world increasingly tends to use more intelligent navigational systems with larger cloud usage, regional companies have begun establishing such connections with technology-based companies for future collaborations. This trend is promoting competitiveness in which both global and regional firms are innovating to meet the requirements of the ever-changing marine chartplotter market.
     

Marine Chartplotter Industry News

  • In September 2024, Garmin has introduced the new GPSMAP 9500 Black Box System which is ideal for users who seek to have the advanced features found on the GPSMAP 9000 series chartplotters but want to retain a small auto-box form factor. With the built-in promise of improved computational performance which is meant to exceed the previous generations by up to seven times, the GPSMAP9500 Exceeds the standards of external monitors integration as well as providing a more reliable connectivity on any boat.
     
  • In September 2023, Garmin introduced GPSMAP 9000 chartplotter series, designed for captains seeking top-tier performance. Featuring touchscreen displays in sizes ranging from 19” to 27”, these all-in-one chartplotters deliver stunning 4K resolution with edge-to-edge clarity. Powered by a processor that’s seven times faster than previous models, the GPSMAP 9000 series benefits from the new Garmin BlueNet gigabit network, ensuring enhanced connectivity throughout the vessel with the fastest networking speeds available.
     

The marine chartplotter market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue ($Mn) and volume (Units) from 2021 to 2034, for the following segments:

Market, By Product

  • Fixed mount
  • Portable

Market, By Display Size

  • Below 7 inches
  • 7-12 inches
  • Above 12 inches

Market, By Application

  • Navigation
  • Fishing
  • Commercial use
  • Leisure boating

Market, By End Use

  • Recreational boats
  • Fishing vessels
  • Commercial ships

Market, By Distribution Channel

  • Online
  • Offline

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
    • Nordics
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Southeast Asia 
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • MEA
    • UAE
    • South Africa
    • Saudi Arabia

 

 

Authors: Preeti Wadhwani,
Frequently Asked Question(FAQ) :
Who are the major players in the marine chartplotter market?
Key players in the market include B&G, Furuno, Garmin, Humminbird, Lowrance, Navico, Northstar, Raymarine, Simrad, and Standard Horizon.
How significant is the U.S. market in the global marine chartplotter industry?
How big is the global marine chartplotter market?
What is the market share of fixed mount chartplotters in the marine chartplotter industry?
Marine Chartplotter Market Scope
  • Marine Chartplotter Market Size
  • Marine Chartplotter Market Trends
  • Marine Chartplotter Market Analysis
  • Marine Chartplotter Market Share
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    Premium Report Details

    Base Year: 2024

    Companies covered: 20

    Tables & Figures: 300

    Countries covered: 21

    Pages: 175

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