Press release
Electric Boats Market Size Worth $ 7,598.08 Million By 2026 | CAGR: 11.6%
The global Electric Boats market size is expected to reach USD 7,598.08 million by 2026 according to a new study by WhipSmart MI Research. The report “Electric Boats Market, By Product (Pure Electric, Hybrid); By Battery (Lead Acid, Lithium Ion, Nickel Based, Others); By Boat Size (Small, Medium, Large); By Boat Type (Recreational Boats, Cruisers/ Cruising Yachts, Others) and By Region, Segments & Forecast, 2019 - 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.Get the details about the report on below link -
https://whipsmartmi.com/report/electric-boats-market/
Electric powered boats are on the verge to witness substantial growth rates, owing to favourable regulatory trends and significant benefits over other fuel-based boats. The global boating industry has witnessed rapid transition towards electric boats mainly due to government regulations to minimize carbon emissions. Electric boats are environment friendly solutions with emission-fewer motor operations, driving the boat without any engine noise.
Increasing spending on the recreation and leisure activities particularly in developed economies will support the electric boats market share. Improving living standards and higher preference for vacations have enhanced the leisure industry.
Increasing spending on luxurious things along with shifting trend towards private ownerships owing to growing high income population will propel the global electric boats market growth. Global population has witnessed increasing number of millionaires and billionaires in recent years. Growing high income population globally is anticipated to provide positive outlook for the industry growth.
In the global Electric Boats market, North America dominated the marketplace for Electric Boats Market. Factors like, Higher potential market for the electric boats due to significant spending capabilities on leisure and luxurious products will drive the industry share.
The key players in the market Akasol, Alfastreet, Canadian Electric Boat Company, Cobalt Boats, Duffy Electric Boat Company, Ferretti S.P.A, Grove Boats SA, Dalian ODC Marine Manufactory Co., Ltd, RAND Boats ApS, Ruban Bleu, White River Marine Group, LLC, Habbeké Shipyard, ElectraCraft Boats, Naviwatt, and Greenline Yachts, Boote Marian among others. Development of distribution channels, novel product development and aggressive marketing campaigning are some of the success factors in the industry.
WhipSmart MI Market research has segmented the Electric Boats market report on the basis of product, battery, boat size, boat type and region
Electric Boats Product Outlook (Revenue, USD Million, 2019 – 2026)
Pure Electric
Hybrid
Electric Boats Battery Outlook (Revenue, USD Million, 2019 – 2026)
Lead Acid
Lithium Ion
Nickel Based
Others
Electric Boats Boat Size Outlook (Revenue, USD Million, 2019 – 2026)
Small
Medium
Large
Electric Boats Boat Type Outlook (Revenue, USD Million, 2019 – 2026)
Recreational Boats
Cruisers/ Cruising Yachts
Others
Electric Boats Regional Outlook (Revenue, USD Million, 2019 – 2026)
North America
U.S.
Canada
Europe
France
Germany
UK
Italy
Russia
Asia Pacific
Japan
Korea
Latin America
Mexico
Brazil
Colombia
Middle East & Africa
Saudi Arabia
Israel
Contact:
7264 Magistrate Terrace, Mississauga, Ontario L5W 1H8, Canada
+1 5102005090
sales@whipsmartmi.com
About Whipsmart MI:
Whipsmart MI provides fact based consulting services in the B2B and B2C domains to help assess complex VUCA developments and provide strategic intelligence to achieve transformational growth by identifying niche high growth opportunities. We facilitate the growth journey through a unique approach using a multitude of inputs to assess changes in the marketplace, disruptive trends, technologies, whitespaces and adjacencies across industries that will eventually impact respective industry domains.
WhipSmart Market Bytes is the most affordable market and competitive intelligence platform with accurate comprehensive coverage and quarterly updates, an indispensable market and strategy planning asset in a world of constant flux.
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