Huge Demand for Recreational Boats Market by 2019-2026 with Profiling Players Brunswick Corporation, Groupe Beneteau, Azimut Benetti S.p.A., Sunseeker, Catalina Yachts, Marine Products Corporation

Global Recreational Boats Market By Boat Type (Outboard Boats, Inboard Boats/Stern Type Boats, Personal Watercraft Boats, Sail Boats/Yachts, Inflatable Boats, Others), Power Source (Human Powered, Sail Powered, Engine Powered), Activity Type (Cruising & Watersports, Fishing), Distribution Channel (Boat Dealers, Boat Shows/Events, Online Websites), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026

Global recreational boats market is expected to register a steady CAGR of 4.50% in the forecast period of 2019-2026. This report includes the data of base year 2018 and historic year of 2017

Recreational boats can be defined as craft boats designed for pleasure activities on the water surface with family and friends. The materials used in the production of the boats include coated fabric, aluminium and plastics. It includes many water sports such as boat racing, sailing, and fishing and among others. Rising demand of the outbound boats will help to reach a substantial growth. The multiple benefits associated with outbound boats such as easy maintenance, lightweight structure, replacement, extra storage facilities will attract more people to enjoy the boating activities in their free time and increase the share of leisure industry.

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Companies Profiled in this report includes, Brunswick Corporation, Groupe Beneteau, Azimut Benetti S.p.A., Sunseeker, Catalina Yachts, Marine Products Corporation, Polaris Inc., White River Marine Group., Hobie Cat Company, Godfrey Pontoon Boats, FERRETTI S.P.A, MAHINDRA ODYSSEA., Bavaria Yachtbau, Moran Yacht & Ship, Inc., Baja Marine, Fountain Powerboats, Hydrasports Custom Boats, LLC, Wavve Boating Inc., MALIBU BOATS, LLC., X Shore among others.

Recreational Boats market report showcases the list of top competitors and gives the insights on strategic industry analysis of the key factors affecting the market. The collected information and data is tested and verified by market experts before handing over it to the end user. Examination of major challenges faced currently by the business and the probable future challenges that the business may have to face while operating in this market are also considered. The Recreational Boats report has been prepared with the experience of skilful and inventive team. It helps achieve a great sense of evolving industry movements before competitors.

Market Drivers:

Rising disposable income influenced by increased GDP will drive the growth of the market

Activities such as boat shows and tournament will help to boost the market growth

New innovation and improved technology reducing the cost of boats is another factor to uplift the size and growth of the market

Increased interest to spend leisure time in boating will help to augments the market growth

Increased demand for customised boats with new feature will drive the market growth

Market Restraints:

Increasing the level of pollution due to recreational boats will hamper the growth of the market
Complications arising due to the lack of interest amongst youngsters in purchasing new boats is another factor that will obstruct the market growth
Affordability issues for middle income group as high cost associated with recreational boats will restrict the growth

Segmentation: Global Recreational Boats Market

By Boat Type: Outboard Boats, Inboard Boats/Stern Type Boats, Personal Watercraft Boats, Sail
Boats/Yachts, Inflatable Boats (Rigid Type), Others
By Power Source: Human Powered, Sail Powered, Engine Powered

By Activity Type: Cruising & Watersports, Fishing

By Distribution Channel: Boat Dealers, Boat Shows/Events, Online Websites

Key Developments in the Market:

In September 2019, X Shore announced the launch of their first electric boat models the “Eelex 6500” with non-existent engine noise, fumes and carbon emission. On a single charge it will provide a ride of up to 100 nautical miles. The insertion of air between craft and water makes it more efficient for use. It has an open top and carries 12 people at a time

In August 2017, Wavve Boating Inc. announced the launch of a navigation app for recreational boating market. This app helps to navigate in the open water, to pin up the location. The app includes all the Canadian and American chart data and helps in manipulating the map by zooming in and out. The user can share their location knowledge for the safer and enjoyable journey with other

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To achieve supreme level of market insights and get acquaintance of the best market opportunities into the specific markets, this Recreational Boats market research report is the perfect key. Various definitions and segmentation or classifications of the industry, applications of the industry and value chain structure are given in the report. The report is structured with the systematic gathering and analysis of information about individuals or organisations conducted through social and opinion research. The business document encompasses various segments related to ABC industry and market with thorough research and analysis. All the market related aspects are strictly followed by DBMR team while building this Recreational Boats market report for a client.

Premium Insights of the report

• This Recreational Boats report provides information related to production, Market growth, competitive landscape and market trends
• Each player profiled in the Research report is studied on the basis of the SWOT analysis, their products, value, capacity and other vital factors
• The report provides accurate data and insights related to the global market which include CAGR, value, volume and revenue
• The statistical information provided in the report serves as a powerful tool to get a clear and quick understanding of the Recreational Boats market progress in the past few and coming years.

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Table of Content:

Global Recreational Boats Market Research Report 2019-2026
Chapter 1: Industry Overview
Chapter 2: Recreational Boats Market International Market Analysis
Chapter 3: Environment Analysis of Market.
Chapter 4: Analysis of Revenue by Classifications
Chapter 5: Analysis of Revenue by Regions and Applications
Chapter 6: Analysis of Recreational Boats Market Revenue Market Status.
Chapter 7: Analysis of Industry Key Manufacturers
Chapter 8: Sales Price and Gross Margin Analysis of Market.
Continue To TOC…..

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