What's Driving the U.S. Recreational Boating Market Trends? Boat manufacturers, Brunswick, Beneteau Group, Ferretti, Azimut-Benetti, Sunseeker, Bavaria Yachtbau, Princess, American Sail Inc, Catalina Yachts, MacGregor, Hobie Cat Corporation, Hunter, Mahin

A detailed analysis of the U.S. recreational boating market is entailed in this research report. The driving forces responsible for propelling the growth graph of this vertical in addition to the regional and competitive trends are mentioned in the study. A comprehensive document comprising details about vital parameters such as the industry ecosystem analysis, market segmentation, and the vendor matrix, the U.S. recreational boating industry report also contains information on the pivotal industry insights for core players to look out for.

Incidentally this is the highest level of boat sales registered in the U.S. in the past 10 years - a fact that provided a boost to the U.S. recreational boating industry. As per estimates, total marine expenditure in 2017 amounted to $39 billion which included spending on not only new boats, but trailers, engines, services and accessories. Boat manufacturers also responded to the demand with the building of new plants and expanding production capacity. In 2017 the U.S. recreational boating market size was valued at $20.5 billion and is expected to depict a commendable upsurge in the years ahead.

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Products analysis:

Products segmentation: The report claims that the Products landscape of the U.S. recreational boating market is subdivided into -
o Inboard Boats
o Outboard Boats
o Inflatable
o Sail Boats
o PWCs
Important pointers encompassed pertaining to the Products spectrum:
o Major details about the Products spectrum are provided in the report.
o The study elaborates on the remuneration forecast of each of the Products categories by the end of the anticipated duration.
o The market share which each of the Products segments account are mentioned in the study.
o Also, the most proliferating trends that the Products spectrum is characterized by are also entailed.

Power analysis:
Power segmentation: The report states the Power landscape of the U.S. recreational boating market to be split into -
o Engine-Powered
o Man-Powered
o Sail Propelled
Important pointers encompassed pertaining to the Power spectrum:
o Substantial details about the Power spectrum are provided in the report.
o The study mentions about the valuation estimate of each of the Power categories in detail, by the end of the forecast period.
o The market share that each of the Power segments account are mentioned in the study.
o The trends that the Power landscape is defined by are also contained in the report.

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Incidentally, outboard boats are the most preferred boats and are anticipated to account for 70% of the U.S. recreational boating market share by 2024, since they are easy to maintain, have maximum cabin space and increased fuel efficiency. Surveys depict that most affluent Americans own such leisure boats - around 10.3% of U.S. households with an income over $200,000 reported owning a boat in 2015. Personal water boats are popular among water sports enthusiasts in the U.S. and during a survey of campers in 2015, it was found that 22% indicated canoeing or kayaking to be their favorite recreation activity and a further 13% selected either motor boating, jet skiing or water sports.

The U.S. recreational boating market research report presents significant information on the methodology deployed to conceptualize the study in question, by means of various primary and secondary sources. The scope of the report and the elements contained in the same with respect to the growth spectrum of the U.S. recreational boating industry has been discussed in the study. Also mentioned in the document are details pertaining to the financial data of the companies profiled in the report, in addition to the currently prevalent price trends of the U.S. recreational boating indusry.

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