DUBLIN--(BUSINESS WIRE)--The "Recreational Boat Market - Global Outlook and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
This report provides an in-depth analysis of COVID-19 impact on global recreational boat market. The global recreational boat market by revenue is expected to grow at a CAGR of over 11% during the period 2019-2025.
Europe and North America are expected to witness high demand for recreational boats during the forecast period as the commercial adoption of boats has increased in these regions. With over 23,000 miles of inland waterways and over 43,500 miles of coastline, Europe offers its 48-million citizens a perfect ecosystem to participate in recreational marine activities annually. Countries such as Belgium and Croatia have witnessed significant growth in the recreational boat market. There are an estimated 6 million boats kept in European waters, and over 10,000 marinas offer more than 1 million berths both inland and in coastal areas.
The marine industry is witnessing an increasing appeal of technologically-advanced features such as joystick docking control, automatic trim controls, and digital throttle and shift among end-users. With a hectic lifestyle, end-users have less time to develop driving skills and compile practical experience on the water. Thus, their reliance on automatic controls is growing at an unprecedented rate. The marine industry has witnessed some of the significant development in marine technology, especially for outboard engines in the past two decades.
The year 2018 witnessed a plethora of technological advancements in outboard and inboard engine technology, ranging from technologically advanced, light-weight, easier-to-use outboard engines and power systems along with advancements in inboards, diesel, and control systems. Hence, advances in marine technology are likely to drive the recreational boat market during the forecast period.
Key Market Insights
- Provides comprehensive insights on the latest industry trends, forecast, and growth drivers in the market
- Includes a detailed analysis of growth drivers, challenges, and investment opportunities
- Delivers a complete overview of segments and the regional outlook of the market
- Offers an exhaustive summary of the vendor landscape, competitive analysis, and key strategies to gain competitive advantage
Key Vendors
- Brunswick Corporation
- Groupe Beneteau
- Azimut-Benetti Group
- Bombardier Recreational Products
- Ferretti
Other Prominent Market
- Prince Yachts
- Marine Products Corporation
- MCBC Holdings Inc.
- Malibu Boats Inc.
- Hanseyachts
- BAVARIA Yachtbau
- Bertram Yachts
- Boston Whaler Boats
- Chaparral Boats
- Grady-White Boats
- Lund Boat Company
- White River Marine Group
- Yamaha Motor Corporation
- Viking Yacht
- Grand Banks Yachts
- Porter
- Maverick Boat Group Inc.
- Correct Craft
- Baja Marine
- Pacific Asian Enterprises
- Albemarle Boats
- Marlow Hunter
- Catalina Yachts
- Hobie Cat Corporation
- Zodiac Marine & Pool SAS
- Sunseeker International
- Fountain Powerboat Industries Incorporated
- Godfrey Marine
- Thunder Jet
- Explorer Industries
- Custom Weld
- Duckworth Boats
-
High Caliber
Key Topics Covered:
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Introduction
8 Market Opportunities & Trends
8.1 Advancements in Marine Technology
8.2 Expected Growth in Consumer Confidence
8.3 Rising Opportunity in Electric Boat Industry
9 Market Growth Enablers
9.1 Rising Demand for Outboard Power Boats
9.2 Rising Participation in Leisure Boating Activities in Europe
9.3 Rising Expenditure on Luxury Products & Services
10 Market Restraints
10.1 Environmental Pollution Caused by Boating
10.2 Concept of Rental & Used Boat Services
10.3 Failure to Attract Millennials
11 Value Chain Analysis
11.1 Value Chain Overview
11.1.1 Overview
11.1.2 Raw Material / Design / Equipment Suppliers
11.1.3 Manufacturers
11.1.4 Distributors/Dealers
11.1.5 Retailers
11.1.6 End-users
12 Market Landscape
12.1 Market Overview
12.1.1 Historical Data 20172018
12.2 Market Size & Forecast
12.2.1 Revenue & Unit Shipment
12.3 Key Factors Impacting Recreational Boat Market
12.4 Superyacht Order Book
12.4.1 Overview
12.5 Market by Geography
12.5.1 Revenue
12.5.2 Unit Shipments
12.6 Five Forces Analysis
13 Boat Type
13.1 Market Snapshot & Growth Engine (Revenue)
13.2 Market Snapshot & Growth Engine (Unit Shipments)
13.3 Market Overview
13.4 Outboard Boats
13.5 Market by Geography
13.6 Inboard/Sterndrive Boat
13.7 Market by Geography
13.8 Personal Watercraft Boat
13.9 Market by Geography
13.10 Superyachts
13.11 Market by Geography
13.12 Other Boats
13.13 Market by Geography
14 Power
14.1 Market Snapshot & Growth Engine Revenue
14.2 Market Snapshot & Growth Engine - Unit Shipments
14.3 Market Overview
14.4 Engine-Powered Boats
14.5 Market by Geography
14.6 Man-Powered Boats
14.7 Market by Geography
14.8 Sail-Propelled Boats
14.9 Market by Geography
15 Activity
15.1 Market Snapshot & Growth Engine (Revenue)
15.2 Market Snapshot & Growth Engine (Units)
15.3 Market Overview
15.4 Cruising
15.5 Market by Geography
15.6 Watersports
15.7 Market by Geography
15.8 Fishing
15.9 Market by Geography
16 Geography
16.1 Market Snapshot & Growth Engine (Revenue)
16.2 Market Snapshot & Growth Engine (Unit)
16.3 Geographic Overview
17 North America
18 Europe
19 APAC
20 Latin America
21 Middle East & Africa
22 Competitive Landscape
23 Market Vendor Share
24 Key Company Profiles
25 Other Prominent Vendors
26 Report Summary
27 Quantitative Summary
28 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/4cxkje
