Leisure Boats Market Expected to Increase Highest Revenue by 2027 with Key Vendors: Gulf Craft, AL Shaali Marine, AL Hareb Marine, AL Fajer Marine, Ribcraft Middle East, Ocean Boats, Al Suwaidi Marine

According to the new research report published by The Insight Partners, titled “Leisure Boats Market- Global Analysis and Forecast to 2027”, the global Leisure Boats Market is expected to reach 2,947.1 million in 2027, registering a CAGR of 4.9% during the forecast period 2019-2027.

This market research report provides a big picture on “Leisure Boats Market”, on a Global basis, offering a forecast and statistic in terms of revenue during the forecast period. The report covers a descriptive analysis with detailed segmentation, complete research and development history, latest news and press releases. Furthermore, the study explains the future opportunities and a sketch of key players involved in the “Leisure Boats Market hike in terms of revenue.

Leisure Boats Market to 2027 - Middle East Analysis and Forecast by Type and Application. In terms of revenue, the Middle East Leisure Boats Market is expected to grow to US$ 2,947.1 million by 2027 from US$ 1,840.0 million in 2017, growing at a CAGR of 4.9%. The rising demand for Leisure boats in the Middle East has attracted various manufacturers to the region, resulting in the production of numerous modern leisure boats. This has not only spurred up the market for new boats but also increased the market value for used boats. Increase in the market value of the used boats is mainly because of the rapidly urbanizing population, which has been increasingly showing investment interest in leisure activities.

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Key Benefits
 The study provides an in-depth analysis of the global Leisure Boats Market to elucidate the prominent investment pockets.
 Current trends and future estimations are outlined to determine the overall attractiveness and single out profitable trends to gain a stronger foothold in the market.
 The report provides information related to key drivers, restraints, and opportunities and their impact analysis.
 The market is analyzed based on various regions, namely, North America, Europe, Asia-Pacific, and LAMEA.

The List of Companies
1. Gulf Craft Inc.
2. AL Shaali Marine
3. AL Hareb Marine
4. AL Fajer Marine LLC
5. Al Seer Marine Supplies & Equipment Company L.L.C
6. Ribcraft Middle East
7. Ocean Boats
8. Al Suwaidi Marine
9. Al Marakeb Manufacturing Boats Est
10. Instinct Marine

Leisure Boats Market report provides an in-depth insight of Industry covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis. The research report focuses on the leading competitors of the Leisure Boats Market and provides information such as the company overview, product portfolio, key developments, price, cost, value, volume, revenue, capacity, production, and contact information.

The rise in the popularity of several exciting and extreme destinations around the globe have significantly influenced the growth of leisure boats, and the trend is expected to persist in the coming years. The hastily increasing urban population and propelling buyer confidence in the yacht industry is yet another factor pushing the demand for leisure boats globally. Moreover, the Middle East is currently under the development stage of the market, and therefore all the government and other associated initiatives are expected to have a relatively higher influence on the leisure boats market.

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Leisure Boats Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Leisure Boats Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report segments the Middle East Leisure Boats Market as follows:

Middle East Leisure Boats Market - By Type
New Leisure Boats
Used Leisure Boats

Middle East Leisure Boats Market - By Application
Sailboats
Runabouts
Jet Boats
Cabin Cruiser
Watercrafts

Middle East Leisure Boats Market - By Country
UAE
Kuwait
Qatar
Oman
Rest of Middle East

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This release was published on openPR.