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The SmartDrive launch adds an advanced, integrated autopilot option with strong compatibility, potentially expanding Garmin's marine hardware ASP and driving incremental corepack sales; a positive near-term catalyst for the marine segment. Similar to prior product-line expansions that lifted hardware revenues in Garmin's marine category.
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Garmin announced the SmartDrive autopilot for sailboats and catamarans up to 45 feet, featuring a brushless linear actuator, built-in ECU and rudder feedback sensor for durability. The system supports streamlined retrofit and NMEA 2000 compatibility, with standalone pricing at $3,499.99 and Corepack bundles from $4,499.99. This could lift near-term marine hardware demand and drive incremental cross-sell opportunities across Garmin’s marine product ecosystem.
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