Press release
Reach Stacker Market to Receive Overwhelming Hike in Revenues By 2030 | TMR Study
According to the report, the global boat rental market is projected to surpass valuation of US$ 19.7 Bn by 2030, expanding at a CAGR of ~5% during the forecast period. The growing trend of recreational boating across the globe is likely to boost the global boat rental market. Automatic positioning systems play the role of a virtual anchor in a boat, while thermal imaging cameras offer night vision to avoid potential obstacles in the water, thereby boosting the demand and adoption of advanced boats. High taxation rates on boat rental services across various regions is an important factor hampering the boat rental market. For instance, VAT laws in the European Union (EU) are not uniform and hence, each country has its own taxation law and regulations. This hamper the boat rental market considerably. Moreover, the boat rental market in high taxable regions witnesses sluggish expansion. This is anticipated to affect the global boat rental market during the forecast period.Request for a Sample Report@ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=56076
Regional Analysis of Boat Rental Market
In terms of region, the global boat rental market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America dominated the global boat rental market in 2019. It is anticipated to hold a leading share during the forecast period, due to major presence of boat rental service providers across the region. Followed by North America, Europe also held a significant share of the global boat rental market. Greece, Croatia, and France are major tourist destinations, and they contributed to the prominent share of the region in the global boat rental market. Government and regional authorities across Europe are focusing on the expansion of marinas, and development and modernization of berths to boost nautical tourism, which, in turn, is propelling the boat rental market in Europe.
Market Players
Prominent players operating in the global boat rental market include GETMYBOAT Inc., Brunswick Group, BRP, Beneteau Group, Blue Bay Marine, Blue Boat Yacht Entertainment Company, Boatjump, S.L., Boatsetter, Click&Boat, GLOBE SAILOR, Incrediblue, Le Boat, Nautal, Navigare Yachting, Odyssey Boats, Sailo Inc., THE MOORINGS, West Coast Marine, Yachtico Inc., and Zizooboats GmbH.
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Segmentation
Boat Rental Market, by Business Model
Charter
Day Cruise
Lux Charter
Lux Day Cruise
Tour
Event/B2B
Peer to Peer (P2P)
Business to Consumer (B2C)
Boat Rental Market, by Boat Size
Up to 20 Feet
21 Feet - 35 Feet
36 Feet - 50 Feet
Boat Rental Market, by Technology
Service & Maintenance
Connected Systems
Assistance Systems
Monitoring Systems
Others
Boat Rental Market, by Boat Class
Luxury
Sports
Entry
Others
How Boat Rental Market will recover after covid19: https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=56076
Boat Rental Market, by Propulsion
Fuel Powered
Outboard Engine
Inboard Engine
Electric Boats
Sailed
Others
Boat Rental Market, by Region
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
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Transparency Market Research is a global market research reports company providing business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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