Home Automotive & Transportation Marine Wind Sensor Market to grow at a CAGR of 3.89% by...

Marine Wind Sensor Market to grow at a CAGR of 3.89% by 2021


Global Marine Wind Sensor Market Research Report 2017 to 2021 provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments Marine Wind Sensorand focuses on markets and materials, capacities and technologies, and on the changing structure of the Marine Wind Sensor Market.

Companies Mentioned are Garmin, Gill Instruments, Renewable NRG System, Biral, LAMBRECHT meteo, Thies Clima and Vaisala.

The global Marine Wind Sensor market consists of different international, regional, and local vendors. The market competition is foreseen to grow higher with the rise in technological innovation and M&A activities in the future. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.

Major points covered in Global Marine Wind Sensor Market 2017 Research are:-

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global Marine Wind Sensor market?
  • What are the key market trends impacting the growth of the global Marine Wind Sensor market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global Marine Wind Sensor market?
  • What are the market opportunities and threats faced by the vendors in the global Marine Wind Sensor market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global Marine Wind Sensor market?

This independent 70 page report guarantees you will remain better informed than your competition. With over 150 tables and figures examining the Marine Wind Sensor market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.

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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Marine Wind Sensor in these regions, from 2012 to 2021 (forecast), covering Americas, APAC and EMEA.

The report provides a basic overview of the Marine Wind Sensor industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.

Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Marine Wind Sensor industry development trends and marketing channels are analyzed.

Commenting on the report, an analyst from MIR’s team said: “One trend in the market is increase in the preference for ultrasonic wind sensors. There has been growing trend where cup or vane wind sensors in powerboats are being replaced by ultrasonic wind sensors. Ultrasonic wind sensors measure the speed of wind using high-frequency sound waves, even above the range a human ear can hear.”

According to the report, one driver in the market is growth of boating industry is leading to higher sales of powerboats. The sales of powerboats in the US increased by about 8.26% in 2015, whereas the sales of powerboats in 2016 increased by about 9.26% compared with the previous year. Wakeboards, personal watercraft, ski boats, aluminum fishing boats, fiberglass, pontoon boats, and runabouts accounted for the majority of the powerboat sales in the US.

Further, the report states that one challenge in the market is increasing sales of pre-owned boats is acting as a barrier to new boat sales. Pre-owned boats are preferred by young customers as new boats are usually expensive. The pre-owned boat market in the US is growing at a faster rate than the new boat market. The rise in the sales of pre-owned boats poses a serious challenge for the new boat sales. In addition, the market for pre-owned boats is becoming more organized, leading to a challenge for the marine wind sensor market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors

A marine wind sensor is a vital component of a boat. Most of the powerboats are equipped with a wind sensor, whereas yachts are generally equipped with multiple wind sensors to measure the wind speed and direction accurately.

MIR analysts forecast the global marine wind sensor market to grow at a CAGR of 3.89% during the period 2017-2021.

The research includes historic data from 2012 to 2016 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Marine Wind Sensor on the basis of stating current situation of the industry in 2017 so as to make comprehensive organization and judgment on the competition situation and development trend of Marine Wind Sensor Market and assist manufacturers and investment organization to better grasp the development course of Marine Wind Sensor Market.

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