Copyright © IMARC Service Pvt Ltd. All Rights Reserved Global Leisure Boat Market Research and Forecast Report 20222027
Author: Elena Anderson
IMARC Group © 2022 IMARC All Rights Reserved
Marketing Manager
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Global Leisure Boat Market Research Report 2022-2027:
According to IMARC Group’s latest report, titled “ Leisure Boat Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2 027
”, the global leisure boat market size reached US$ 41.2 Billion in 2021.
A leisure boat is a marine vessel used for various tourism and recreational activities. Motorized, nonmotorized, runabouts, cabin cruisers, jets, pedals, sailboats and watercraft boats are some commonly available variants. They are small to mid-sized vessels and can be operated through sails and motors. Leisure boats are usually manufactured using fiberglass, aluminum, plastic, wood and various coated fabric materials. Leisure boats are widely used for activities, such as sailing, camping, snorkeling, fishing and boating. They are also equipped with telematics solutions, joystick controls, monitors and digital dashboards for enhanced control.
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Global Leisure Boat Market Trends:
The global leisure boat market is primarily being driven by the increasing consumer preference for water-based adventure sports and recreational activities. Moreover, various technological advancements, such as the integration of boating systems with artificial intelligence (AI), Internet of Things (IoT) and machine learning (ML) solutions, are providing a thrust to the market growth. These technologies aid in tracking, improving safety and security and preventing potential failures with the boat. Other factors, including the rising expenditure capacities of the consumers, along with the implementation of various government initiatives for promoting marine tourism, especially in the developing economies, are anticipated to drive the market toward growth.
Looking forward, IMARC Group expects the market to reach US$ 52.4 Billion by 2027, exhibiting a growth rate (CAGR) of 4% during 2022-2027.
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Key Market Segmentation
The research report includes the following segments:
Breakup by Type:
• New Leisure Boat
o Motorized/Power Boats
o Non-Motorized Boats
• Used Leisure Boat
o Motorized/Power Boats
o Non-Motorized Boats
• Monitoring Equipment
o Boat and Yacht Monitoring Solutions
o IoT Sensors
o Telematics Solutions
o Others
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Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Competitive Landscape:
• Azimut Benetti S.p.A
• Baja Marine
• Bavaria Yachtbau GmbH
• BRP Inc.
• Brunswick Corporation
• Chaparral Boats Inc. (Marine Products Corporation)
• Farr Yacht Design Ltd.
• Ferretti S.P.A. (Shandong Heavy Industry Group Co. Ltd.
• Fountain Powerboats Inc. (Baja Marine Inc.)
• Mastercraft Boat Holdings Inc.
• Yamaha Motor Co. Ltd.
1. How has the global leisure boat market performed so far and how will it perform in the coming years?
2. What has been the impact of COVID-19 on the global leisure boat market?
3. What are the key regional markets?
4. What is the breakup of the market based on the type?
5. What are the various stages in the value chain of the industry?
6. What are the key driving factors and challenges in the industry?
7. What is the structure of the global leisure boat market and who are the key players?
8. What is the degree of competition in the industry?
Answered in the Report
Report Description Key Questions
Report Description Table of Contents 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Leisure Boat Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast
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of
6 Market Breakup by Type 6.1 New Leisure Boat 6.1.1 Market Trends 6.1.2 Major Types 6.1.2.1 Motorized/Power Boats 6.1.2.2 Non-Motorized Boats 6.1.3 Market Forecast 6.2 Used Leisure Boat 6.2.1 Market Trends 6.2.2 Major Types 6.2.2.1 Motorized/Power Boats 6.2.2.2 Non-Motorized Boats 6.2.3 Market Forecast 6.3 Monitoring Equipment 6.3.1 Market Trends 6.3.2 Major Types 6.3.2.1 Boat and Yacht Monitoring Solutions
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Contents
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