Leisure Boats Market Size: Huge Investments by Key Players Is the Key Factor Driving the Global Market: Riva, Sunseeker, Ferretti, Lurssen, Azimut, Wally, Princess, Pershing, Beneteau, Itama, Jeanneau

Global Leisure Boats Market report is an updated study with respect to the covid-19 impact and Forecast to 2027. It presents various challenges with long-term socio-economic impacts on the global Leisure Boat market. The report briefing will assist market participants in understanding the economic impact of the outbreak and its impact on specific segments. The report provides an overview of industry-leading economies, GDP, direct and indirect employment opportunities, government policy responses to boost the economy, sector and sub-sector impacts, actionable insights, cross-sector indices, and highlights winners and losers by sector. Leisure Boats Industries. The report provides financial highlights such as market size, annual revenue, annual GDP, annual revenue, growth forecast, etc. to help market players understand the financial stability of the market.

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Leisure Boat Market size is set to witness lucrative growth through coming years propelled by increasing disposable income in the U.S. and Europe with rising expenditure on recreational and sports activities. Growing consumer purchasing capability and nautical tourism are supporting the industry growth. Recreational and ocean-based tourism contributes to the gross revenue of the U.S. Increasing fishing tournaments and water sport activities are significantly creating opportunities for the leisure boat market. Rising youth participation in these tournaments is accelerating the demand for Leisure Boats Market.

Rising demand for personalized leisure boats equipped with advanced technologies, such as GPS tracking, automated handling, and infotainment systems, will drive the leisure boat market growth. Commercial application is growing due to increased corporate and business events such as conferences & client entertainment activities. Growing corporate expenditures on leisure and sports activities are significantly strengthening leisure boat demand. North America will dominate the leisure boat market over the forecast timeline due to the development of boating infrastructure. The U.S. dominates the recreational boat market in terms of consumption as it is one of the major importers of boats.

Some of The Top players Covered in the report are Riva, Sunseeker, Ferretti, Lurssen, Azimut, Wally, Princess, Pershing, Beneteau, Itama, Jeanneau, Regal, Fairline, Searay, Heysea Yacht Group, Sunbird, Others

The global Leisure Boats market is bifurcated as follow

By Type

- Wooden Boat, Aluminum Boat, Steel Boat, Composite Boat, Other

By Application

- Private, Commercial, Other

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COVID-19 Impact

The report covers the Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Leisure boat market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans, and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.

Global Leisure Boats Market Report includes Detailed TOC points:
1 Industry Overview
2 Industry Environment (PEST Analysis)
3 Leisure Boats Market by Type
4 Major Companies List
4.1 Riva (Company Profile, Sales Data, etc.)
4.1.1 Riva Profile
Table Riva Overview List
4.1.2 Riva Products & Services
4.1.3 Riva Business Operation Conditions
Table Business Operation of Riva (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
(Continue with Key Players)
5 Market Competition
6 Demand by End Market
7 Region Operation
8 Marketing & Price
9 Research Conclusion

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