Market Research Report
Catamarans Market - Global Industry Insights, and Forecast till 2025
|Published by||Coherent Market Insights||Product code||629677|
|Published||Content info||169 Pages
Delivery time: 2-3 business days
|Catamarans Market - Global Industry Insights, and Forecast till 2025|
|Published: April 10, 2018||Content info: 169 Pages||
The study includes a detailed analysis of the global catamarans market with succinct briefings about its types and applications along with profiles of the leading companies mapped in the report. Catamarans are used for luxury cruising experience and are also being utilized for multiple transportation and military operations. The report gives a detailed information about product type and applications of the catamarans. The market is expected to have a CAGR of 4.6% during the forecast period (2018-2023) starting from US$ 1.12 Billion in 2016 to US$ 1.54 Billion by 2023.
The market for catamarans is expected to witness growth over the forecast, owing to increasing cruising and racing events organized across regions such as racing championships in Auckland, New Zealand. Catamarans, due to the design and structure, which includes 2 hulls; aids in increasing stability, reliability than mono-hull boats and gain optimum speed of 40 nautical miles, with more space and boarding capacity. These features has led to use of catamarans for cargo carriers and in military operations across the marine. High cost of catamarans is impeding the market growth to some extent as it is affordable by only few people. Cost is the major drawback for catamarans, as the cost ranges between a few hundred thousand dollars to over several million dollars. It is expected to remain as a luxury product. People in countries such as Japan and India have low disposable income and they often rely on chartering catamarans, for tourist destinations such as Thailand and Malaysia, where chartering options are available.
This report provides in-depth analysis of catamaran, market size (US$ Million), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2018– 2023), considering 2013 as the base year.
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global catamaran market based on the following parameters – company overview, financial performance, product portfolio, and their geographical presence.
Companies covered as part of this study include Sunreef Yachts, Spirited Designs, Lagoon Catamaran, Fountaine Pajot, Matrix Yachts, Voyage Yachts, TomCat Boats, Robertson and Caine, and Gemini Catamarans.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, product upgrades, market expansion, and marketing tactics
The global catamaran market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global catamaran market