Leisure Boat - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Leisure Boat market is accounted for $37.06 billion in 2017 and is expected to reach $60.51 billion by 2026 growing at a CAGR of 5.6%. Improving adult participation in recreational boating activities and growth in the number of dedicated sailing and boating events are some of the factors driving the market. However, shortage of boat moorings and contention from other leisure activity sources and unreasonably hot or cold weather are the factors that are restricting the market. In addition, rapid advancements in technologies and development of tourism industry are providing ample of the opportunities to the market growth.
Leisure boat is a large motorboat with a cabin and plumbing and other amenities required for living on board. This are made up of plastic, aluminium, coated fabrics. A Leisure Boat is a boat used for personal, family, and sometimes sportsmanlike recreation. Leisure boating includes many activities such as boat racing, sailing, campaigning, fishing and other water sports game.
Amongst Boat type, Outboard is segment owing to this Outboard leisure boats have more room for outdoor activities, are easy to maintain, upgrade, and are inexpensive. The outboard boats segment accounts for a large share of the market, as these boats can be customized for multiple engines.
By geography, North America is driven due to demand in the country is majorly driven by factors such as increasing number of high net worth individuals and growing popularity of water sports and fishing activities.
Some of the prominent key players of Global Leisure Boat market include are Avon Marine, Mercury Marine, Ferretti S.P.A, Baja Marine, Bombardier Recreational Products (BRP) Inc, Bay Way Electronics, Brunswick Corporation, Farr Yacht Design, Ltd, Sentinel, Bavaria Yachtbau GmbH, HCB Center Console Yachts, Marine Products Corporation, Siren Marine, LLC, Sunseeker International Limited, Chaparral Boats, Inc, SilverTip Telematics and Neil Marine (Private) Ltd.
• Foul release coatings
• Anti-fouling coatings
• Anti-corrosion coatings
• Other products
New Leisure Boats Covered:
Boat Types Covered:
• Inboard boats
• Stern drive boats
• Personal watercrafts
• Outboard boats
• Sail boats
• Other boat types
• IoT Sensors
• Telematics Solutions
• Monitoring Equipment
• Water Detection Sensor
• Temperature & Motion Sensor
- North America
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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