LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global leisure boat market since 2018 and the market is poised to grow by USD 13.49 billion during 2019-2023, progressing at a CAGR of more than 4% during the forecast period. Request free sample pages
Read the 118-page research report with TOC on “Leisure Boat Market Analysis Report by product (leisure boat accessories, leisure boat motors, and leisure boat building), geography (APAC, Europe, MEA, North America, and South America), and the Segment Forecasts, 2019-2023”
This market is driven by increasing customer engagement in marinas and recreational boating activities. In addition, initiatives by government and organizations to promote leisure boating in emerging countries is anticipated to boost the growth of the leisure boat market.
The market has been witnessing an increase in the number of consumers getting engaged in marinas and recreational boating activities over recent years. People with mid-level and low-level annual income in the US and Europe are increasing their spend on recreational boating experiences. The sales of new recreational boats in the US witnessed considerable annual growth in 2018 compared to its previous year. This growth is expected to accelerate during the forecast period with an increase in customer engagement in marinas and recreational boating activities. These factors are expected to boost the growth of the global leisure boat market.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for FREE.
View market snapshot before purchasing
Major Five Leisure Boat Companies:
AB Volvo
AB Volvo owns and operates its business across various segments such as trucks, construction equipment, buses, Volvo Penta, group functions and other, and financial services. The key offerings of the company include diesel engines for leisure boats. The company also offers a wide range of leisure boat accessories such as digital displays, joystick controls, and autopilot.
Azimut | Benetti Group
Azimut | Benetti Group owns and operates its business in Yachts, Megayachts, and Servizi segments. The company offers various products under the brand names Azimut Yachts and Benetti. Some of the products offered by the company include Azimut Grande, Flybridge, Magellano, Atlantis, SEASENSE and M/Y DOMANI.
BRUNSWICK CORPORATION
BRUNSWICK CORPORATION owns and operates its business in marine engine, boat, and fitness segments. The company offers a wide range of marine boats, marine engines, and leisure boat accessories.
Groupe Beneteau
Groupe Beneteau owns and operates its business across boats and housing segments. The company offers a wide range of leisure boats. Some of the popular offerings by the company include Jeanneau, Lagoon, Prestige, Monte Carlo Yachts, CNB, Four Winns, Scarab, and Wellcraft.
Yamaha Motor Co., Ltd.
Yamaha Motor Co., Ltd. owns and operates its business across various segments such as motorcycles, marine products, power products, industrial machinery and robots, and other products. The company offers a wide range of outboards, boats, and Waverunners.
Register for a free trial today and gain instant access to 10,000+ market research reports. Technavio's SUBSCRIPTION platform
Leisure Boat Product Outlook (Revenue, USD Billion, 2019 - 2023)
- Leisure boat accessories
- Leisure boat motors
- Leisure boat building
Leisure Boat Regional Outlook (Revenue, USD Billion, 2019 - 2023)
- APAC
- Europe
- MEA
- North America
- South America
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.Request a free sample report
Related Reports on Industrials Include:
Global Marine Engine Monitoring System Market – Global marine engine monitoring system market by application (propulsion and auxiliary) and geography (Americas, APAC, and EMEA).
Global Marine VFD Market – Global marine VFD market by type (AC drive and DC drive) and geography (APAC, Europe, MEA, North America, and South America).
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
