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Catamaran Market Analysis - Industry Specific Opportunities and Trends Affecting the Growth - Robertson & Caine, Fountaine Pajot, Lagoon

03-06-2023 08:33 AM CET | Logistics & Transport

Press release from: Global Insight Services

Catamaran Market

Catamaran Market

The global Catamaran market was valued at USD 1.4 Billion in 2022 and it is anticipated to grow up to USD 2.5 Billion by 2032, at a CAGR of 5.8% during the forecast period.

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A catamaran is a type of boat or ship consisting of two hulls, or platforms, that are connected by a frame. Most catamarans are powered by sails or engines. Catamarans are faster and more stable than traditional monohull boats, and are therefore popular for recreation, racing, and commercial use.

Market Trends and Drivers

The increased disposable income of citizens, as well as an increase in cruising and racing events, are some of the factors driving the industry's expansion. Catamarans are highly comfortable. They have significantly more room than monohulls, and this means that the cockpit and living room between the two hulls provide enough space. This is especially critical while going from one lengthy destination to another.

Read More Report of Catamaran Market: https://www.globalinsightservices.com/reports/catamaran-market/

The market is expanding at a tremendous growth rate owing to the rising marine tourism and users' inclination toward luxurious travels. Due to the advancements in design and technology, boat manufacturers are producing catamarans that are quicker and more fuel-efficient.

As a result, a slew of devoted monohull owners has switched to catamaran ownership. In November 2021, The Martini 7.0, a 165-foot catamaran yacht with unique technology that gives passengers seasickness treatment, was introduced by Servo Yachts LLC.

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Global Catamaran Market Segmentation
By Product

Sailing Catamarans
Power Catamarans
By Size

Small
Medium
Large
By Application

Sport
Leisure
Transport
Others

Major Players in the Global Catamaran Market
The key players in the Catamaran market are as Robertson & Caine, Fountaine Pajot, Lagoon, World Cat, Catana Group, Outremer Yachting, LeisureCat, Seawind, Incat Crowther, and Voyage. among others.

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Global Insight Services LLC
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E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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