openPR Logo
Press release

Driven by Increasing new boat sales, Aluminum Fishing Boat Market is expected to grow beyond US$ 1,741.4 million

06-12-2019 10:44 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Stratview Research

Driven by Increasing new boat sales, Aluminum Fishing Boat

Market & Growth Prognosis: Analyzing the market over a period of 2013-18 Stratview Research goes to the crux of the issues shaping the market and estimates the most probable future growth rate for the Aluminum Fishing Boat Market during the period 2019-24.

Stratview Research triangulates the market to grow at a healthy CAGR over the next five years and expects the market to breach the barrier of US$ 1,741.4 million by 2024.

The Diverse Stand Points

The true picture of the market shall not emerge till the time the market is analyzed from various point of views. Each vantage point gives better understanding of the market. The market of Aluminum Fishing Boat has been viewing from various perspectives such as:

Dissection By (Segments)
1. Boat Type (Deep-V Boat, Bass Boat, Multi-Species Boat, Others)
2. Size Type (Less than 14 Feet Fishing Boats, 14-16 Feet Fishing Boats, More than 16 Feet Fishing Boats)
3. Engine Type (Less than 200 HP, 200-300 HP, More than 300 HP)
4. By Region (North America, Europe, Asia-Pacific and Rest of the World)

Each view helps us answer a prominent question, and we bring out the best market intelligence which is of interest to each and every player in the market, no matter where he lies in the value chain.

The answers to the prominent questions which are evinced out of above slicing of the market are:
● Which are the best performing segments of the market?
● Which is the most dominant region?
● Which material is the most promising?
● Who are the movers and shakers of the market?
● What are the regional growth hotspots?
● What are the segmental growth forecasts?

To get the feel of how our best in class, cutting-edge market research report feels, request a sample:
https://www.stratviewresearch.com/Request-Sample/466/aluminum-fishing-boat-market.html

The Factors Driving the market

Boating is one of the major outdoor participation activities, especially in the USA, alone accounting for more than 35% of the USA's total outdoor participation activities. Also, there is a growth in outdoor participation rate in the USA with boating being the most preferred activity among all. Freshwater participants are more than thrice the saltwater fishing participants. There are different types of boats designed for fishing activities in saltwater and freshwater. Aluminum fishing boats are preferably used for freshwater fishing, whereas fiberglass boats are generally used for saltwater fishing.

Historically, there has been a wide variety of traditional materials such as steel, wood and concrete, used for the construction of hulls of fishing boats. However, all these have serious shortcomings. For instance, steel hulls are heavy and subject to rust, wooden hulls are prone to frequent leaks and rotting and are also heavy to an extent, and concrete hulls are very heavy and hard to handle. Over the past few decades, aluminum and fiberglass hulls came into picture and have started being widely used in fishing boats.

The global aluminum fishing boat market is projected to depict a healthy growth over the next five years to reach an estimated value of US$ 1,741.4 million in 2024. Aluminum is the most widely used material to manufacture the hull in fishing boats. Increasing new boat sales, increasing outdoor activities participants coupled with increasing number of fishing participants, and lower cost of aluminum boats than fiberglass boats are some of the key factors fueling the demand for aluminum fishing boats across regions, especially in North America.

The rise of Deep-V boat

The global aluminum fishing boat market is segmented based on boat type as deep-v boat, bass boat, multi-species boat and others. Deep-V boat is expected to remain the growth engine of the market during the forecast period. Extra-wide bottom making anglers more comfortable, smoother riding experience, and excellent stability on bigger waves are the factors spearheading the demand for deep-V boats in the market.

Driven by demand, North America has the hegemony over the market

Based on the regions, North America is expected to remain the largest market for aluminum fishing boats during the forecast period with the USA being the growth engine. Aluminum fishing boats are majorly sold in the Northern USA region. Europe also holds a considerable share in the market with Scandinavia and Germany being the key demand generators in the region.

Get the Stratview Leverage, and boost your business.

The insights delivered in our report helps business take bold decisions and make smarter moves. It is the emerging trends what have to be understood well in advance for the firms to take an informant decision. We can help you by giving you the market scenario and its growth hotspots. The decision still rests with you.

The Report Highlights:

The Research Report offers a detailed look into market, its robust growth perspective, the factors influencing the industry, the competition intensity and a peek into the future.
The following are the key features of the report:
● Strategic segmentation
● Market analysis: Growth drivers and constraints, Porter’s five forces
● analysis, SWOT analysis
● Detailed Competitive Rivalry landscaping
● Market trend and forecast analysis
● Future Growth Boulevards

Click Here for Other Reports from Stratview Research in the Consumer Goods Industry:
https://www.stratviewresearch.com/market-reports/Consumer-Goods.html

400 Renaissance Center, Suite 2600, Detroit, Michigan, MI 48243 United States of America

About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Driven by Increasing new boat sales, Aluminum Fishing Boat Market is expected to grow beyond US$ 1,741.4 million here

News-ID: 1772550 • Views:

More Releases from Stratview Research

Semiconductor Vacuum Valve Market Set to Reach US$ 1.0 Billion by 2031, Reports Stratview Research
Semiconductor Vacuum Valve Market Set to Reach US$ 1.0 Billion by 2031, Reports …
Stratview Research, a leading global market research firm, forecasts that the global Semiconductor Vacuum Valve market will grow at an annual rate of 6.7%, reaching US$ 1.0 billion by 2031. The report provides a detailed outlook on regional and global markets, emerging trends, segment analysis, competitive landscape, and key market drivers. Click here to get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/3932/semiconductor-vacuum-valve-market.html#form Key Report Highlights: • Market Size by 2031: US$ 1.0 billion • Growth Rate
Small Satellites Market Set to Reach US$ 7.7 Billion by 2030, Reports Stratview Research
Small Satellites Market Set to Reach US$ 7.7 Billion by 2030, Reports Stratview …
Stratview Research, a leading global market research firm, forecasts that the global Small Satellites market will grow at an annual rate of 2.2%, reaching US$ 7.7 billion by 2030. The report provides a detailed outlook on regional and global markets, emerging trends, segment analysis, competitive landscape, and key market drivers. Click here to get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/1920/small-satellites-market.html#form Key Report Highlights: • Market Size by 2030: US$ 7.7 billion • Growth Rate (CAGR):
Hard Body Armor Market Set to Reach US$ 2,271.2 Million by 2031, Reports Stratview Research
Hard Body Armor Market Set to Reach US$ 2,271.2 Million by 2031, Reports Stratvi …
Stratview Research, a leading global market research firm, forecasts that the global Hard Body Armor market will grow at an annual rate of 3.2%, reaching US$ 2,271.2 million on by 2031. The report provides a detailed outlook on regional and global markets, emerging trends, segment analysis, competitive landscape, and key market drivers. Click here to get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/3253/hard-body-armor-market.html#form Key Report Highlights: • Market Size by 2031: US$ 2,271.2 million • Growth
3D Printing Powder Market Set to Reach US$ 5.8 Billion by 2028, Reports Stratview Research
3D Printing Powder Market Set to Reach US$ 5.8 Billion by 2028, Reports Stratvie …
Stratview Research, a leading global market research firm, forecasts that the global 3D Printing Powder market will grow at an annual rate of 27.1%, reaching US$ 5.8 billion by 2028. The report provides a detailed outlook on regional and global markets, emerging trends, segment analysis, competitive landscape, and key market drivers. Click here to get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/853/3d-printing-powder-market.html#form Key Report Highlights: • Market Size by 2028: US$ 5.8 billion • Growth Rate

All 5 Releases


More Releases for Boat

Unmatched Boat Rentals by Boat Life Tampa Charters for Tampa's 4th of July Boat …
Boat Life Tampa Charters announces exclusive offerings for the Tampa 4th of July boat parade, offering rental boats and certified captains for a stress-free and safe celebration. Participants can enjoy the parade and Tampa Bay's stunning views while leaving navigation and logistics to the experts. With a focus on safety and fun, the company ensures an unforgettable Independence Day experience on the water. Tampa, FL - June 27, 2025 - Boat
Emerging Trends Influencing The Growth Of The Boat Trailer Market: Innovative Bo …
The Boat Trailer Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories]. How Big Is the Boat Trailer Market Size Expected to Be by 2034? The boat trailer market has seen strong growth in recent years. It will increase from $0.92 billion in 2024 to $0.98 billion
Discover Melbourne's Premier Boat Hire Experience with Boat 4 Hire Melbourne
Boat4Hire offers a comprehensive range of boat hire options Suited to suit any occasion. From self-drive boats requiring no license to luxury yacht charters for special events, the company ensures every customer enjoys a safe and memorable experience on Melbourne's waterways. With competitive pricing, flexible rental durations, and exceptional service, Boat4Hire is redefining leisure activities in Victoria. Melbourne, VIC - April 8, 2025 - Boat 4 Hire Melbourne Self-Drive Boats &
Buy boat, Built boat - Argonaut Boats: New US Manufacturer
Argonaut Boats Company is delighted to present you new US Boats. Established in 2022, Company's goal is to bring clients the latest and most advanced outboard engine boats at a competitive price. Argonaut team understands the growing demand for quality boats that cater to individual needs, whether for recreational or commercial purposes. Argonaut Boats take pride in its commitment to quality, customer satisfaction, and professionalism. Team of experts have established strong
Boat Lettering Outlet: Custom Boat Lettering
Image: https://www.getnews.info/wp-content/uploads/2024/05/1714745351.jpeg Boat Lettering Outlet has been serving boaters for over 40 years as a family business, whether custom boat lettering, boat graphics or boat registration numbers. They are always willing to help with any questions clients may have about boat lettering and boat lettering graphics needs. Boat Lettering Outlet can install signs for clients in West Michigan and South Florida during the season. They only use the best products made
WOMAN BOAT CAPTAIN ROCKS LOCAL CHARTER TOUR BOAT SCENE
Hop Aboard Captain Jen Terfehr's dynamic venture: Cruise Cocoa, your ultimate destination for thrilling boat tours along Florida's mesmerizing Space Coast! Embark on exhilarating adventures with Captain Jen as she takes you on unforgettable journeys teeming with dolphins, manatees, birds, stunning sunsets, and mesmerizing bioluminescence displays. At Cruise Cocoa, we pride ourselves on delivering top-notch experiences tailored to both locals and tourists alike. Our tours depart from two convenient locations: Merritt