Market Highlights: A leisure boat is a craft used for personal, family, tourism and numerous activities such as sailing, racing, fishing, campaigning, and other water sports game. Leisure boat market is growing owing to increasing marine infrastructure, recreational boating activities, and others. Increasing disposable income in developing countries and growing tourism are acting as a major driving factor for the leisure boat market. The market study is being classified by Type (Outboard boats, Inboard boats, Sterndrive boats, Sail boats, Personal watercrafts and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Leisure Boats are Avon Marine (United Kingdom), Azimut Benetti S.P.A. (Italy), Baja Marine (United States), Bavaria Yachtbau GmbH (Germany), Bombardier Recreational Products (BRP) Inc. (Canada), Brunswick Corporation (United States), Farr Yacht Design Ltd. (United States), Groupe Beneteau (France), Yamaha Motor Company Limited. (Japan), Ferretti S.P.A. (Italy) and Johnson Outdoors Watercraft (United States).
The Equipment, such as Boat and Yacht Monitoring Solutions, is boosting the Leisure Boats market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Motorized/Power Boats, such as Personal Watercrafts, is boosting the Leisure Boats market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Non-Motorized Boats, such as Kayaks, is boosting the Leisure Boats market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
Major Market Development Highlights 2nd August 2018, Bombardier Recreational Products acquires Manitou Inc. manufacture of leisure, luxury, and performance pontoon boats. and 28th June 2018, Bombardier Recreational Products acquires Alumacraft Boat Co. a manufacturer of aluminum fishing boats.
Key Questions Answered in the Report What will the Leisure Boats Market size and the growth rate be in Future? What are the key factors driving the Leisure Boats Market? What are the key market trends and macro-economic impacting the growth of the Leisure Boats Market? What are the challenges to market growth? Who are the key vendors in the Leisure Boats Market? What are the market opportunities and threats faced by the vendors in the Leisure Boats Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Leisure Boats Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Leisure Boats market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Leisure Boats market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Leisure Boat, Engine Manufacturers, Trade & Service Providers, Equipment Manufacturers, Research and Development Companies, Market Research and Consulting Firms, Government Agencies and Industry Associations, Distributors and Suppliers of Leisure Boat, Associations, Organizations, Forums and Alliances Related To Leisure Boat and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.