PUBLISHER: Allied Market Research | PRODUCT CODE: 1193045
PUBLISHER: Allied Market Research | PRODUCT CODE: 1193045
Boat rental is a service that enables customers to rent a boat from a private owner for leisure or recreational purposes. Boat rentals are referred to smaller boats or personal boats, which are available for rent from an hour to a day. The renter does not usually stay on the boat overnight. Moreover, it provides boats as per the requirements of the customers and offers personalized experience to customers. Furthermore, boat rental can provide additional facilities such as skiing and tubbing.
A sail boat is a relatively small boat that uses wind power to propel it forward. It uses a large cloth or an extent of fabric called sails for this purpose. The most common type of sailboat on the market is the small competition variant that is used in sailing competitions around the world. Several international events intended to raise awareness about sailing allow a wide range of craft types to participate, including catamarans and cruisers. It can be classified into three distinct types based on its primary hull design such as monohulls, catamarans, and multi-hull crafts.
The growth of the global boat rental market is propelling, due to growth in marine tourism industry across the globe, development of online platforms for availing boat rental services, and shift toward alternative sources of energy & rise in disposable income coupled with purchasing power. However, high cost associated with renting a boat and environmental concerns associated with boating are the factors that hamper the growth of the market. Furthermore, technological advancement in boats and boat engines is the factor expected to offer growth opportunities during the forecast period.
The boat rental market is segmented on the basis of boat type, boat size, power, activity, and region. By boat type, it is segregated into inboard boats, outboard boats, sail boats, and others. By boat size, it is classified into less than 30 ft, 30 to 79 ft, and greater than 79 ft. By power, it is fragmented into engine powered, man powered, and sail propelled. By activity, it is categorized into sailing & leisure, fishing, and others. By region, the report is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits For Stakeholders
By Boat Type
By Boat Size
By Power
By Activity
By Region