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Global Outboard Boats Market 2023 : SWOT Analysis Of Key Driving Factors For Growing CAGR Value | Bombardier Products Inc., Brunswick Corporation, Campion marine Inc., Cantieri Capilli SRL
Outboard Boats Market
Outboard Boats Market Size, Growth Rate, And Forecast
The global outboard boat market size is expected to grow from $5.29 billion in 2022 to $5.80 billion in 2023 at a compound annual growth rate (CAGR) of 9.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global outboard boat market size is expected to reach $8.06 billion in 2027 at a CAGR of 8.6%.
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Outboard Boats Market Drivers
The increase in the demand for recreational activities is expected to propel the growth of the outboard boat market going forward. Recreational activity refers to any indoor or outdoor activity performed during leisure time for the purpose of exercise, relaxation, and pleasure.
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Outboard Boats Market Segments
1) By Type: Recreational Boats, Rigid Inflatable Boats, Small Utility Boats
2) By Application: Tourism, Water Sport, Commercial Activity, Leisure Activity
3) By End User: Fishing, Water Taxi, Transportation, Hospitality Business
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Outboard Boats market.
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Outboard Boats Market Key Players
Major players in the outboard boats market are Bombardier Products Inc., Brunswick Corporation, Campion marine Inc., Cantieri Capilli SRL, Groupe Beneteau, Polaris Inc., Poseidon Boats, White River Marine Group, Nimbus Group, Sightseer Marine Inc., Marine Products Corporation, Waterline Systems Inc., Mahindra & Mahindra, Ribcraft Ltd., Scout Boats, Seaark LLC, Stingray Boats, Zodiac Milpro Inc., Ferretti Group, Tracker Boats, Bravia Yachtbau, and Hoble Boats.
The Business Research Company's "Global Outboard Boats Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Outboard Boats Market Include:
1. Executive Summary
2. Outboard Boats Market Characteristics
3. Outboard Boats Market Trends And Strategies
4. Outboard Boats Market - Macro Economic Scenario
5. Outboard Boats Market Size And Growth
……
28. Outboard Boats Pipeline Analysis
28. Key Mergers And Acquisitions In The Outboard Boats Market
29. Outboard Boats Market Future Outlook and Potential Analysis
30. Appendix
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