Global Boat Building Market Report 2022 : Size, Share, Growth Rate, Business Module, Product Scope And Expansion 2031
According to The Business Research Company's boat building market report, The global boat building market reached a value of nearly $34,757.8 million in 2020, having increased at a compound annual growth rate (CAGR) of 3.4% since 2015. The market is expected to grow from $34,757.8 million in 2020 to $48,358.0 million in 2025 at a rate of 6.8%. The boat building market is then expected to grow at a CAGR of 5.3% from 2025 and reach $62,678.1 million in 2030.
Advances in technology are expected to be a continued driver of market growth in the forecast period. The global boat building industry has experienced many technological advances in the last decade and this is expected to intensify. The new features to expect in boats include autonomous driving, black finishing, wellness features, modern lighting, driver override systems, comprehensive tracking, active health monitoring, and reconfigurable body panels. These innovations are expected to drive the boat building market during the forecast period.
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The boat building market is segmented -
• By Type: Recreational Boats, Commercial Boats, Military Boats
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the boat building market.
Major competitors in the boat building market include Brunswick Boat Group, General Dynamics, Groupe Beneteau, Azimut-Benetti Group, Ferretti S.P.A.
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The boat building market consists of sales of new boats and related services by entities (organizations, sole traders and partnerships) that operate boatyards. Boatyards are fixed facilities with drydocks and fabrication equipment capable of building boats, including dinghies, hovercrafts, motorboats, rowboats, yachts, sailboats, and inflatable rubber boats.
The Table Of Content For The Boat building Market Include:
1. Boat building Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
21. Boat building Market Opportunities And Strategies
22. Boat building Market, Conclusions And Recommendations
The Business Research Company's "Global Boat building Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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