Global Trawler Yachts Market 2023-2030

The global trawler yachts market size was valued at $14.2 billion in 2022, and is projected to reach $19.0 billion by 2030, registering a CAGR of 4.2% during the forecast period (2023-2030). The growth of the market can be attributed to the increasing demand for trawler boats owned for recreational activity, and fishing applications across the global level. The trawler boat market is expected to witness significant growth during the forecast period due to growing demand for advanced devices and equipment, including navigation and communication equipment and supporting apparatus to monitor and control gear. Rising usages of navigational devices for direction in harbors at sea and growing demand of seaborne luxury travel with cruise comfort are some of the major factors which will enhance the market growth.

Segmental Outlook:

The global trawler yachts market is segmented based on the usage, size, number of engine, water level, and length. Based on the usage, the market is segmented into recreational activity, fishing, outrigger trawlers, beam trawlers, otter trawlers, pair trawlers, and others. Based on size, the market is segmented into small, medium, and large. Based on the number of engine, the market is bifurcated into single engine and dual engine. Further, on the basis of the water level, the market is sub-segmented into bottom trawling, and midwater trawling. On the basis of length, the market is segmented into less than 11 meters, 11 meters to 18 meters, and more than 18 meters. Among the usage segment, the fishing sub-segment is expected to cater prominent market share over the forecast period owing to the high demand for fashionable clothing, especially among the youth and adult populace.

The Fishing Sub-Segment Is Anticipated to Hold a Prominent Share in the Global Trawler Yachts Market

Among the usage, the fishing sub-segment is expected to hold a prominent share of the global trawler yachts market over the forecast period. The trawler boats are designed to support fishing operations that use nets or other equipment for commercial fish harvesting and can range from small open boats with only basic equipment all the way up to large factory ships outfitted with multiple deck cranes, processing facilities, and large refrigerated storage spaces. Trawler boats are designed to operate in both shallow and deep water. They are usually equipped with navigational equipment that allows them to have the same range of movement as any other vessel, but some trawler boat models can be fitted for longer journeys over open seas.

Regional Outlooks:

The global trawler yachts market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, the Asia-Pacific regional market is expected to cater to prominent growth over the forecast period, however, the North American region is projected to experience considerable growth in the trawler yachts market.

Global Trawler yachts Market Growth, by Region 2023-2030

Source: OMR Analysis

North America is Expected to Hold a Prominent Share in the Global Trawler Yachts Market

Amogn all regions, North America is expected to hold a prominent share of the global trawler yachts market during the forecast period. The primary factor supporting the growth of the market includes the growing fishing activity development along with the rising trend of paying on recreational activities across the region. Also, there is a considerable increase in investments among the fishing activities. For instance, in October 2021, ACON Investments, L.L.C formed a new North American sustainable seafood platform created by the simultaneous acquisitions and merger of Northern Wind Inc., Suncoast Seafood Inc., and Raymond O'Neill & Son Fisheries Ltd.

Market Players Outlook:

The major companies serving the global trawler yachts market include Alaska Motor Yachts, Grand Banks Yachts, Mirage Manufacturing, SHM Shipcare, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market.

The Report Covers:

Market value data analysis of 2023 and forecast to 2030.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global trawler yachts market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying 'who-stands-where' in the market.

Product Code: OMR2027249

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. Overview
- 3.1.2. Financial Analysis
- 3.1.3. SWOT Analysis
- 3.1.4. Recent Developments
3.2. Key Strategy Analysis

4. Market Segmentation

4.1. Global Trawler Yachts Market by Usage
- 4.1.1. Recreational Activity
- 4.1.2. Fishing
- 4.1.3. Outrigger Trawlers
- 4.1.4. Beam Trawlers
- 4.1.5. Otter Trawlers
- 4.1.6. Pair Trawlers
- 4.1.7. Others (Stern, Freezer, Wet Fish, Purse Seiner)
4.2. Global Trawler Yachts Market by Size
- 4.2.1. Small
- 4.2.2. Medium
- 4.2.3. Large
4.3. Global Trawler Yachts Market by Number of Engine
- 4.3.1. Single Engine
- 4.3.2. Dual Engine
4.4. Global Trawler Yachts Market by Number of Water Level
- 4.4.1. Bottom Trawling
- 4.4.2. MidWater Trawling
4.5. Global Trawler Yachts Market by Lengths
- 4.5.1. Less than 11 meters
- 4.5.2. 11 meters to 18 meters
- 4.5.3. More than 18 meters

5. Regional Analysis

5.1. North America
- 5.1.1. United States
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. Alaska Motor Yachts
6.2. Altena Yachting
6.3. Bering Yachts
6.4. Cape Dory Cruisers
6.5. Damen
6.6. Grand Banks Yachts
6.7. Helmsman
6.8. Linssen Yachts B.V
6.9. MAHASAGAR BOATS
6.10. Marlow Hunter, LLC
6.11. Mirage Manufacturing
6.12. Nordhavn
6.13. Nordic Tugs
6.14. Seaview Global
6.15. Selene Yatch
6.16. SHM Shipcare