PUBLISHER: 360iResearch | PRODUCT CODE: 1304049
PUBLISHER: 360iResearch | PRODUCT CODE: 1304049
The Global Leisure Boat Market is forecasted to grow significantly, with a projected USD 55.32 billion in 2023 at a CAGR of 8.04% and expected to reach a staggering USD 95.62 billion by 2030.
The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Leisure Boat Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.
This research report categorizes the Global Leisure Boat Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Motorized or Power Boats and Non-Motorized Boats. The Motorized or Power Boats commanded largest market share of 90.68% in 2022, followed by Non-Motorized Boats.
Based on Equipment, market is studied across Boat & Yacht Monitoring Solutions, IoT Sensors, and Telematics Solutions. The Boat & Yacht Monitoring Solutions commanded largest market share of 39.23% in 2022, followed by Telematics Solutions.
Based on Boat Size, market is studied across 30-50 Feet Boats, <30 Feet, and >50 Feet Boats. The <30 Feet commanded largest market share of 42.12% in 2022, followed by 30-50 Feet Boats.
Based on Application, market is studied across Cruising, Fishing, and Watersports. The Watersports commanded largest market share of 34.32% in 2022, followed by Cruising.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 37.23% in 2022, followed by Europe, Middle East & Africa.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
The FPNV Positioning Matrix is essential for assessing the Global Leisure Boat Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.