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Top News: Catamarans Market | Groupe Beneteau, Grup Aresa International, Outremer Yachting, iXblue

Top News: Catamarans Market | Groupe Beneteau, Grup Aresa

Primarily driven by the improving global economy and rising disposable income levels, catamarans market has established a remarkable reputation for itself in the worldwide industry of water vessels. Technological innovations in agility & speed and the spotlight put on catamarans' sports in the 2013 America's Cup have expanded the appeal and popularity of this business sphere, in turn encouraging industry players and sailing enthusiasts to invest generously in this sector.

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North America and rest of the world. Cape Dory's introduction of range of water vessels, according to industry analysts, is one of the classic examples of the robust demand and the incredible growth the catamarans market is experiencing in recent years. The evolution of the modern catamaran from the simple double canoe to the most impressive multihulls across the globe has accelerated even more, with all the latest innovations in materials and structures - a factor that has further contributed to the unprecedented growth of the catamarans industry.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. African Cats.
2. Alumarine Shipyard
3. Bavaria Catamarans
4. Beneteau Group
5. Catana Group
6. Fountaine Pajot
7. Grup Aresa Internacional
8. Incat Crowther
9. LeisureCat
10. Outremer Yachting
11. Robertson & Caine
12. Seawind
13. Sunreef Yachts
14. Voyage
15. World Cat

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A report by Global Market Insights, Inc., further sheds light on the robust growth of this industry by claiming the global catamarans market to have pegged USD 1.5 billion in the year 2017. The report states that rising urbanization, the growing fleet of upper-class end users spending on luxury and leisure, and the expansion of the travel & tourism industry have augured well for the growth of catamarans market in the past few years.

In fact, if reports are to be believed, the travel & tourism industry has emerged as one of the fastest growing economic sectors registering a 4.6% growth in 2017 - a 50% faster rate than the global economic growth. With such strong prospects and continued momentum, catamarans market has been anticipated to grow in excess of 6.5% each year through 2018-2024.

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