Scope of the Study
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. According to AMA, the Global Leisure Boats market is expected to see growth rate of 4.16%
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) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are MasterCraft (United States), Malibu Boats (United States) and Marine Products Corporation (United States).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Leisure Boats market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Leisure Boats market by Type, Application and Region.
On the basis of geography, the market of Leisure Boats has been segmented into 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). If we see Market by Equipment, the sub-segment i.e. Boat and Yacht Monitoring Solutions will boost the Leisure Boats market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Motorized/Power Boats, the sub-segment i.e. Personal Watercrafts will boost the Leisure Boats market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Non-Motorized Boats, the sub-segment i.e. Kayaks will boost the Leisure Boats market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Integration of IoT, Smart Sensors and GPS Mapping In Leisure Boats
- Growing Tourism and Rising Disposable Income in Developing Economies
- Increasing Popularity of Marine Sporting Events and Recreational Boating Activities
- Rising Demand for Salt Water Fishing Boats
- High Cost Associated With Leisure Boats
- High Initial Investment Associate to Leisure Boats
- Technological Development and Product Innovation
- Increasing Demand from Emerging Economies
- Development in Materials Used For Leisure Boats Production
- Enable To Use in Adverse Weather Conditions
- Concerns Regarding Reparability of Leisure Boats
Market Leaders and their expansionary development strategies
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 Target AudienceManufacturers 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
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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