Press release
Europe and North America are Expected to witness high Demand for Recreational Boats by 2025 | Arizton
The global recreational boat market by revenue is expected to grow at a CAGR of over 11% during the period 2019-2025.Europe and North America are expected to witness high demand for recreational boats during the forecast period as the commercial adoption of boats has increased in these regions. With over 23,000 miles of inland waterways and over 43,500 miles of coastline, Europe offers its 48-million citizens a perfect ecosystem to participate in recreational marine activities annually. Countries such as Belgium and Croatia have witnessed significant growth in the recreational boat market. There are an estimated 6 million boats kept in European waters, and over 10,000 marinas offer more than 1 million berths both inland and in coastal areas.
The following factors that are expected to contribute to the growth of the recreational boat market during the forecast period:
Advancement in Marine Technology
Growth in the Electric Boat Industry
High Participation in Leisure Boating Activities in Europe
The study considers the present scenario of the recreational boat market and its dynamics for the period 2019-2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report covers both the demand and supply sides of the market. It profiles and examines leading companies and other prominent companies operating in the market.
Request for a sample: https://www.arizton.com/market-reports/recreational-boat-market-size-analysis-2025
Key Vendors
Brunswick Corporation
Groupe Beneteau
Azimut-Benetti Group
Bombardier Recreational Products
Ferretti
Other Prominent Market
Prince Yachts
Marine Products Corporation
MCBC Holdings Inc.
Malibu Boats Inc.
Hanseyachts
BAVARIA Yachtbau
Bertram Yachts
Boston Whaler Boats
Chaparral Boats
Grady-White Boats
Lund Boat Company
Sea Ray
White River Marine Group
Yamaha Motor Corporation
Viking Yacht
Grand Banks Yachts
Porter
Maverick Boat Group Inc.
Correct Craft
Baja Marine
Pacific Asian Enterprises
Albemarle Boats
Marlow Hunter
Catalina Yachts
Hobie Cat Corporation
Zodiac Marine & Pool SAS
Sunseeker International
Fountain Powerboat Industries Incorporated
Godfrey Marine
Thunder Jet
Explorer Industries
Custom Weld
Duckworth Boats
High Caliber
Market Segmentation by Product
Outboard
Inboard/Sterndrive
Personal Watercrafts (PWC)
Superyachts
Others
Market Segmentation by Power
Engine-powered
Man-powered
Sail-propelled
Market Segmentation by Activity
Cruising
Watersports
Fishing
Market Segmentation by Geography
APAC
China
Japan
Australia
New Zealand
South Korea
India
Malaysia
Europe
UK
Germany
France
Italy
Spain
Netherlands
Norway
Poland
Latin America
Brazil
Mexico
Argentina
MEA
UAE
South Africa
North America
US
Canada
Request for a sample: https://www.arizton.com/market-reports/recreational-boat-market-size-analysis-2025
About Arizton Advisory & Intelligence
Arizton - Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize foolproof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including -Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Arizton Advisory & Intelligence
Chicago, Illinois, 60605
Mail: enquiry@arizton.com
Call: +1-312-235-2040
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