PUBLISHER: TechNavio | PRODUCT CODE: 1253525
PUBLISHER: TechNavio | PRODUCT CODE: 1253525
Technavio has been monitoring the leisure boat market and is forecast to grow by USD 22154.06 mn during 2022-2027, accelerating at a CAGR of 5.66% during the forecast period. Our report on the leisure boat market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing customer engagement in marinas and recreational boating activities, increasing demand for outboard powerboats, and technological integration in leisure boats.
Technavio's leisure boat market is segmented as below:
By Product
By Propulsion
By Geographical Landscape
This study identifies the introduction of hybrid propulsion systems in leisure boats as one of the prime reasons driving the leisure boat market growth during the next few years. Also, initiatives by government and organizations to promote leisure boating in emerging countries and the growing population of high-net-worth individuals (HNWI) will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the leisure boat market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading leisure boat market vendors that include Azimut Benetti SpA, Baja Marine, BPS Direct LLC, Bavaria Yachtbau GmbH, Bombardier Recreational Products Inc., Brunswick Corp., Carnival Corp. and Plc, Catalina Yachts, Correct Craft Holding Co. LLC, Dalian Wanda Group, Groupe Beneteau, Iconic Marine Group, Mahindra and Mahindra Ltd., Malibu Boats Inc., Marine Products Corp., MasterCraft Boat Holdings Inc., Polaris Inc., Volvo Car Corp., WeiChai Holding Group Co. Ltd., and Yamaha Corp. Also, the leisure boat market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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