Fishing Boats Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type, By Size, By Propulsion, By Region & Competition, 2020-2030F

Description

The Global Fishing Boats Market was valued at USD 1.85 Billion in 2024 and is projected to reach USD 2.97 Billion by 2030, growing at a CAGR of 8.20% during the forecast period. The market is undergoing a notable transformation driven by increasing seafood demand, rapid modernization of fishing fleets, and advancements in vessel technologies. Global aquaculture and fisheries production continues to surge, reflecting greater reliance on aquatic food to address nutrition and food security needs. As aquaculture output surpasses capture fisheries, demand for efficient, durable, and environmentally compliant fishing boats is rising. Technological innovations-ranging from hybrid propulsion systems and onboard cold storage to advanced sonar and tracking tools-are improving catch efficiency and operational performance. Alongside commercial expansion, recreational and sport fishing activities are also contributing to market growth, with rising consumer interest in personal fishing vessels across lakes, rivers, and coastal zones.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 1.85 Billion
Market Size 2030	USD 2.97 Billion
CAGR 2025-2030	8.20%
Fastest Growing Segment	Hybrid
Largest Market	Asia-Pacific

Key Market Drivers

Rising Global Demand for Seafood

The upward trend in global seafood consumption is a major catalyst for growth in the fishing boats market. Fish is increasingly favored for its health benefits, including being a lean protein source rich in omega-3 fatty acids, and is gaining preference over traditional red meat. Rising global populations, income levels, and urbanization are fueling demand in both household and foodservice sectors. Forecasts suggest a substantial rise in global seafood production, including a threefold increase in high-value aquaculture like finfish and shrimp by 2050. This demand is driving investment in modern, high-performance boats capable of meeting higher productivity standards. As seafood becomes a key pillar of sustainable food systems worldwide, operators are equipping vessels with advanced systems for long-range fishing, environmental compliance, and post-catch processing.

Key Market Challenges

Depleting Fish Stocks and Overfishing Regulations

Overfishing and marine ecosystem degradation present significant regulatory and operational challenges. Governments and international bodies have introduced stringent quotas, seasonal restrictions, and gear regulations to protect endangered species and ensure long-term sustainability. While necessary, these regulations limit fishing operations and reduce the feasibility of investing in larger or more frequent fishing expeditions. For large commercial fleets, unpredictable restrictions increase investment risk, while small operators often face hurdles in accessing permits, meeting compliance standards, and bearing certification costs. The operational constraints imposed by these environmental safeguards affect fleet expansion plans and place additional financial burdens on stakeholders, particularly in developing economies with limited regulatory infrastructure.

Key Market Trends

Eco-Innovative Designs for Reduced Emissions

There is a growing industry focus on designing fishing boats that are more energy-efficient and environmentally sustainable. Engineers are optimizing hull shapes, integrating air lubrication systems, and deploying lightweight composite materials to reduce drag and fuel consumption. Advanced coatings with anti-fouling properties help maintain performance and reduce emissions over time. Hybrid and electric propulsion systems are gaining traction, particularly for nearshore and small-scale operations, offering cost savings and regulatory compliance advantages. These developments align with global climate commitments and maritime emission reduction targets. As buyers increasingly prioritize long-term operational efficiency, vessels designed with green technologies are becoming more attractive to both commercial and recreational users.

Key Market Players

Brunswick Corporation
BRP Inc.
Yamaha Motor Company Ltd.
Smoker Craft Inc.
Correct Craft Holding Co. LLC
Telwater
White River Marine Group
BPS Direct LLC
Legend Boats
UMS Boats

Report Scope:

In this report, the Global Fishing Boats Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Fishing Boats Market, By Type:

Deep-V boat
Multi-species boat
Bass Boat
Others

Fishing Boats Market, By Size:

<14 feet
14-16 feet
>16 feet

Fishing Boats Market, By Propulsion:

ICE
Hybrid
Electric

Fishing Boats Market, By Region:

North America
- United States
- Canada
- Mexico
Europe & CIS
- Germany
- France
- U.K.
- Spain
- Italy
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Turkey
South America
- Brazil
- Argentina

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Fishing Boats Market.

Available Customizations:

Global Fishing Boats Market report with the given market data, TechSci Research offers customizations according to the company's specific needs. The following customization options are available for the report:

1. Introduction

1.1. Research Tenure Considered
1.2. Market Definition
1.3. Scope of the Market
1.4. Markets Covered
1.5. Years Considered for Study
1.6. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, and Trends

4. Voice of Customer

5. Global Fishing Boat Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Type Market Share Analysis (Deep-V boat, Multi species boat, Bass Boat, Others)
- 5.2.2. By Size Market Share Analysis (<14 feet, 14-16 feet, >16 feet)
- 5.2.3. By Propulsion Market Share Analysis (ICE, Hybrid, Electric)
- 5.2.4. By Regional Market Share Analysis
- 5.2.5. By Top 5 Companies Market Share Analysis, Others (2024)
5.3. Fishing Boat Market Mapping & Opportunity Assessment

6. North America Fishing Boat Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Type Market Share Analysis
- 6.2.2. By Size Market Share Analysis
- 6.2.3. By Propulsion Market Share Analysis
- 6.2.4. By Country Market Share Analysis
  - 6.2.4.1. United States Fishing Boat Market Outlook
    - 6.2.4.1.1. Market Size & Forecast
      - 6.2.4.1.1.1. By Value
    - 6.2.4.1.2. Market Share & Forecast
      - 6.2.4.1.2.1. By Type Market Share Analysis
      - 6.2.4.1.2.2. By Size Market Share Analysis
      - 6.2.4.1.2.3. By Propulsion Market Share Analysis
  - 6.2.4.2. Canada Fishing Boat Market Outlook
    - 6.2.4.2.1. Market Size & Forecast
      - 6.2.4.2.1.1. By Value
    - 6.2.4.2.2. Market Share & Forecast
      - 6.2.4.2.2.1. By Type Market Share Analysis
      - 6.2.4.2.2.2. By Size Market Share Analysis
      - 6.2.4.2.2.3. By Propulsion Market Share Analysis
  - 6.2.4.3. Mexico Fishing Boat Market Outlook
    - 6.2.4.3.1. Market Size & Forecast
      - 6.2.4.3.1.1. By Value
    - 6.2.4.3.2. Market Share & Forecast
      - 6.2.4.3.2.1. By Type Market Share Analysis
      - 6.2.4.3.2.2. By Size Market Share Analysis
      - 6.2.4.3.2.3. By Propulsion Market Share Analysis

7. Europe & CIS Fishing Boat Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Type Market Share Analysis
- 7.2.2. By Size Market Share Analysis
- 7.2.3. By Propulsion Market Share Analysis
- 7.2.4. By Country Market Share Analysis
  - 7.2.4.1. France Fishing Boat Market Outlook
    - 7.2.4.1.1. Market Size & Forecast
      - 7.2.4.1.1.1. By Value
    - 7.2.4.1.2. Market Share & Forecast
      - 7.2.4.1.2.1. By Type Market Share Analysis
      - 7.2.4.1.2.2. By Size Market Share Analysis
      - 7.2.4.1.2.3. By Propulsion Market Share Analysis
  - 7.2.4.2. Germany Fishing Boat Market Outlook
    - 7.2.4.2.1. Market Size & Forecast
      - 7.2.4.2.1.1. By Value
    - 7.2.4.2.2. Market Share & Forecast
      - 7.2.4.2.2.1. By Type Market Share Analysis
      - 7.2.4.2.2.2. By Size Market Share Analysis
      - 7.2.4.2.2.3. By Propulsion Market Share Analysis
  - 7.2.4.3. United Kingdom Fishing Boat Market Outlook
    - 7.2.4.3.1. Market Size & Forecast
      - 7.2.4.3.1.1. By Value
    - 7.2.4.3.2. Market Share & Forecast
      - 7.2.4.3.2.1. By Type Market Share Analysis
      - 7.2.4.3.2.2. By Size Market Share Analysis
      - 7.2.4.3.2.3. By Propulsion Market Share Analysis
  - 7.2.4.4. Italy Fishing Boat Market Outlook
    - 7.2.4.4.1. Market Size & Forecast
      - 7.2.4.4.1.1. By Value
    - 7.2.4.4.2. Market Share & Forecast
      - 7.2.4.4.2.1. By Type Market Share Analysis
      - 7.2.4.4.2.2. By Size Market Share Analysis
      - 7.2.4.4.2.3. By Propulsion Market Share Analysis
  - 7.2.4.5. Spain Fishing Boat Market Outlook
    - 7.2.4.5.1. Market Size & Forecast
      - 7.2.4.5.1.1. By Value
    - 7.2.4.5.2. Market Share & Forecast
      - 7.2.4.5.2.1. By Type Market Share Analysis
      - 7.2.4.5.2.2. By Size Market Share Analysis
      - 7.2.4.5.2.3. By Propulsion Market Share Analysis

8. Asia-Pacific Fishing Boat Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Type Market Share Analysis
- 8.2.2. By Size Market Share Analysis
- 8.2.3. By Propulsion Market Share Analysis
- 8.2.4. By Country Share Analysis
  - 8.2.4.1. China Fishing Boat Market Outlook
    - 8.2.4.1.1. Market Size & Forecast
      - 8.2.4.1.1.1. By Value
    - 8.2.4.1.2. Market Share & Forecast
      - 8.2.4.1.2.1. By Type Market Share Analysis
      - 8.2.4.1.2.2. By Size Market Share Analysis
      - 8.2.4.1.2.3. By Propulsion Market Share Analysis
  - 8.2.4.2. Japan Fishing Boat Market Outlook
    - 8.2.4.2.1. Market Size & Forecast
      - 8.2.4.2.1.1. By Value
    - 8.2.4.2.2. Market Share & Forecast
      - 8.2.4.2.2.1. By Type Market Share Analysis
      - 8.2.4.2.2.2. By Size Market Share Analysis
      - 8.2.4.2.2.3. By Propulsion Market Share Analysis
  - 8.2.4.3. Australia Fishing Boat Market Outlook
    - 8.2.4.3.1. Market Size & Forecast
      - 8.2.4.3.1.1. By Value
    - 8.2.4.3.2. Market Share & Forecast
      - 8.2.4.3.2.1. By Type Market Share Analysis
      - 8.2.4.3.2.2. By Size Market Share Analysis
      - 8.2.4.3.2.3. By Propulsion Market Share Analysis
  - 8.2.4.4. India Fishing Boat Market Outlook
    - 8.2.4.4.1. Market Size & Forecast
      - 8.2.4.4.1.1. By Value
    - 8.2.4.4.2. Market Share & Forecast
      - 8.2.4.4.2.1. By Type Market Share Analysis
      - 8.2.4.4.2.2. By Size Market Share Analysis
      - 8.2.4.4.2.3. By Propulsion Market Share Analysis
  - 8.2.4.5. South Korea Fishing Boat Market Outlook
    - 8.2.4.5.1. Market Size & Forecast
      - 8.2.4.5.1.1. By Value
    - 8.2.4.5.2. Market Share & Forecast
      - 8.2.4.5.2.1. By Type Market Share Analysis
      - 8.2.4.5.2.2. By Size Market Share Analysis
      - 8.2.4.5.2.3. By Propulsion Market Share Analysis

9. Middle East & Africa Fishing Boat Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Type Market Share Analysis
- 9.2.2. By Size Market Share Analysis
- 9.2.3. By Propulsion Market Share Analysis
- 9.2.4. By Country Market Share Analysis
  - 9.2.4.1. South Africa Fishing Boat Market Outlook
    - 9.2.4.1.1. Market Size & Forecast
      - 9.2.4.1.1.1. By Value
    - 9.2.4.1.2. Market Share & Forecast
      - 9.2.4.1.2.1. By Type Market Share Analysis
      - 9.2.4.1.2.2. By Size Market Share Analysis
      - 9.2.4.1.2.3. By Propulsion Market Share Analysis
  - 9.2.4.2. Saudi Arabia Fishing Boat Market Outlook
    - 9.2.4.2.1. Market Size & Forecast
      - 9.2.4.2.1.1. By Value
    - 9.2.4.2.2. Market Share & Forecast
      - 9.2.4.2.2.1. By Type Market Share Analysis
      - 9.2.4.2.2.2. By Size Market Share Analysis
      - 9.2.4.2.2.3. By Propulsion Market Share Analysis
  - 9.2.4.3. UAE Fishing Boat Market Outlook
    - 9.2.4.3.1. Market Size & Forecast
      - 9.2.4.3.1.1. By Value
    - 9.2.4.3.2. Market Share & Forecast
      - 9.2.4.3.2.1. By Type Market Share Analysis
      - 9.2.4.3.2.2. By Size Market Share Analysis
      - 9.2.4.3.2.3. By Propulsion Market Share Analysis
  - 9.2.4.4. Turkey Fishing Boat Market Outlook
    - 9.2.4.4.1. Market Size & Forecast
      - 9.2.4.4.1.1. By Value
    - 9.2.4.4.2. Market Share & Forecast
      - 9.2.4.4.2.1. By Type Market Share Analysis
      - 9.2.4.4.2.2. By Size Market Share Analysis
      - 9.2.4.4.2.3. By Propulsion Market Share Analysis

10. South America Fishing Boat Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Type Market Share Analysis
- 10.2.2. By Size Market Share Analysis
- 10.2.3. By Propulsion Market Share Analysis
- 10.2.4. By Country Market Share Analysis
  - 10.2.4.1. Brazil Fishing Boat Market Outlook
    - 10.2.4.1.1. Market Size & Forecast
      - 10.2.4.1.1.1. By Value
    - 10.2.4.1.2. Market Share & Forecast
      - 10.2.4.1.2.1. By Type Market Share Analysis
      - 10.2.4.1.2.2. By Size Market Share Analysis
      - 10.2.4.1.2.3. By Propulsion Market Share Analysis
  - 10.2.4.2. Argentina Fishing Boat Market Outlook
    - 10.2.4.2.1. Market Size & Forecast
      - 10.2.4.2.1.1. By Value
    - 10.2.4.2.2. Market Share & Forecast
      - 10.2.4.2.2.1. By Type Market Share Analysis
      - 10.2.4.2.2.2. By Size Market Share Analysis
      - 10.2.4.2.2.3. By Propulsion Market Share Analysis

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

13. Porters Five Forces Analysis

14. Company Profiles

14.1. Brunswick Corporation
- 14.1.1. Company Details
- 14.1.2. Products
- 14.1.3. Financials (As Per Availability)
- 14.1.4. Key Market Focus & Geographical Presence
- 14.1.5. Recent Developments
- 14.1.6. Key Management Personnel
14.2. BRP Inc.
14.3. Yamaha Motor Company Ltd.
14.4. Smoker Craft Inc.
14.5. Correct Craft Holding Co. LLC
14.6. Telwater
14.7. White River Marine Group
14.8. BPS Direct LLC
14.9. Legend boats
14.10. UMS Boats