Recreational Boating Market 2018 Global Key Players are Brunswick, Ferretti, Malibu Boats, Beneteau, Sunseeker, American Sail Inc., MacGregor, Hunter, Azimut-Benetti, Princess Cruise, Hobie Cat Corporation, Bavaria Yachtbau, Catalina Yachts

Market Overview:-

Recreational Boating Market to exceed USD 230 billion over the forecast timeframe. Increasing promotional activities of tourist’s sports coupled with travel & tourism industry growth are primary factors boosting recreational boating market share during forecast time frame. Rising disposable income has resulted in an upsurge of traveling and adventure sports. 

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Another vivid fact that will emerge as an expansion opportunity for these companies is that the rise in the number of recreational activities is directly proportional to an increase in the rate of boating accidents. On these grounds, a stringent regulatory framework has been compiled by authorized bodies to reduce the number of boating accidents and ensure consumer safety. Being a strongly customer-driven business space, companies often invest heavily in research and development activities to develop advanced recreational boats. The launch of luxurious and efficient next generation boats is thus likely to augment the commercialization scale of recreational boating industry.

Top Key Players:-    

The key players of global Recreational Boating Market are Brunswick, Ferretti, Malibu Boats, Beneteau, Sunseeker, American Sail Inc., MacGregor, Hunter, Azimut-Benetti, Princess Cruise, Hobie Cat Corporation, Bavaria Yachtbau, Catalina Yachts.

Regional Segmentations:-

North America recreational boating market will witness high growth owing to developed water sports industry and increasing number of sailing, leisure, and sports activities. Prominent marine industry particularly in the U.S. and Canada coupled with active participation in the region will positively stimulate industry size over the forecast time frame.

Europe recreational boating market is likely to register significant growth. over the study timeframe. Manufacturers are focusing on rising boat production particularly in the country including Italy will significantly contribute business growth. Companies in the region are focusing on increasing international trade by exporting products in developing countries to improve product visibility and achieve superior profit margins. Availability of skilled labor force to deliver better quality boats are the key factors propelling recreational boating industry share during forecast time frame.

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Major Points of Table Of Content:-

Chapter 1.    Methodology and Scope

1.1. Methodology

1.1.1.  Initial data exploration

1.1.2.  Statistical model and forecast

1.1.3.  Industry insights and validation

1.1.4.  Scope, definition and forecast parameters

1.2. Data Sources

1.2.1.  Secondary

1.2.2.  Primary

Chapter 2.     Executive Summary

2.1. Recreational boating industry 3600 synopsis, 2013 - 2024

2.1.1.  Business trends

2.1.2.  Product trends

2.1.3.  Power trends

2.1.4.  Regional trends

Chapter 3.     Recreational Boating Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 - 2024

3.3. Industry ecosystem analysis

3.3.1.  Raw material supplier

3.3.2.  Manufacturers

3.3.3.  Distribution channel analysis

3.3.3.1.    OEM

3.3.3.2.    Aftermarket

3.3.4.  Vendor matrix

3.4. Technology landscape

3.5. Requirements on safety equipment for recreational craft

3.6. Pricing analysis

3.6.1.  Regional pricing

3.6.1.1.    North America

3.6.1.2.    EU

3.6.1.3.    APAC

3.6.1.4.    LATAM

3.6.1.5.    MEA

3.6.2.  Cost structure analysis

3.7. Regulatory landscape

3.7.1.  U.S.

3.7.2.  EU

3.7.3.  China

3.8. Industry impact forces

3.8.1.  Growth drivers, by region

3.8.1.1.    NA

3.8.1.2.    EU

3.8.1.3.    APAC

3.8.1.4.    LATAM

3.8.1.5.    MEA

3.8.2.  Industry pitfalls & challenges

3.9. Innovation and sustainability

3.9.1.  IT tools such as online booking, smart phone applications and Wi-Fi solutions

3.10.    Growth potential analysis

3.11.     Porter's analysis

3.12.     Competitive landscape, 2016

3.12.1.   Company market share analysis, 2016

3.12.2.    Strategy dashboard

3.13.    PESTEL analysis

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One of the most pivotal trends that has been observed in this business lately is the increasing popularity of environment friendly boats. The rise in consciousness among the seafarers about the harmful effects of GHG emissions on the marine ecosystem has led to the adoption of green energy technology. Regional governments have also been playing their part in encouraging seafarers to implement clean technologies in boat manufacturing, by providing sufficient subsidies. What’s more, the research community, in tandem with green technology companies has also been researching novel methods to revolutionize commercial recreational boating with eco-friendly innovations. Australia’s Ocius Ocean Technology has set quite a benchmark in this regard – the company had been involved in the invention of the Solar Sailor that can harness solar and wind power in a single device to produce a speed up to 44 knots.

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