Leisure Boat Market Report, Size, Emerging Trends, Growth Analysis, Share By Companies and Forecast 2023-2028

IMARC Group, a leading market research company, has recently released a report titled "𝐋𝐞𝐢𝐬𝐮𝐫𝐞 𝐁𝐨𝐚𝐭 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟑-𝟐𝟎𝟐𝟖." The study provides a detailed analysis of the industry, including the global leisure boat market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How Big is the Leisure Boat Market?

The global leisure boat market size reached US$ 43.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 54.3 Billion by 2028, exhibiting a growth rate (CAGR) of 3.8% during 2023-2028.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐚 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/leisure-boat-market/requestsample

What is Leisure Boat?

A leisure boat is a marine vessel used for various tourism and recreational activities. Motorized, non-motorized, runabouts, cabin cruisers, jets, pedals, sailboats and watercraft boats are some commonly available variants. They are small to mid-sized vessels and can be operated through sails and motors. Leisure boats are usually manufactured using fiberglass, aluminum, plastic, wood and various coated fabric materials. Leisure boats are widely used for activities, such as sailing, camping, snorkeling, fishing and boating. They are also equipped with telematics solutions, joystick controls, monitors and digital dashboards for enhanced control.

What are the Growth Prospects and Trends in the Leisure Boat Industry?

The global leisure boat market is primarily being driven by the increasing consumer preference for water-based adventure sports and recreational activities. Moreover, various technological advancements, such as the integration of boating systems with artificial intelligence (AI), Internet of Things (IoT) and machine learning (ML) solutions, are providing a thrust to the market growth. These technologies aid in tracking, improving safety and security and preventing potential failures with the boat. Other factors, including the rising expenditure capacities of the consumers, along with the implementation of various government initiatives for promoting marine tourism, especially in the developing economies, are anticipated to drive the market toward growth.

𝐁𝐮𝐲 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.imarcgroup.com/checkout?id=3658&method=1

Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

Who are the Key Players Operating in the Leisure Boat Market?

The competitive landscape of the industry has also been examined along with the profiles of the key players.

• Azimut Benetti S.p.A
• Baja Marine
• Bavaria Yachtbau GmbH
• BRP Inc.
• Brunswick Corporation
• Chaparral Boats Inc. (Marine Products Corporation)
• Farr Yacht Design Ltd.
• Ferretti S.P.A. (Shandong Heavy Industry Group Co. Ltd.)
• Fountain Powerboats Inc. (Baja Marine Inc.)
• Mastercraft Boat Holdings Inc.
• Yamaha Motor Co. Ltd.

What is Included in Market Segmentation?

The report has categorized the market based on type and region.

Breakup by Type:
• New Leisure Boat
o Motorized/Power Boats
o Non-Motorized Boats
• Used Leisure Boat
o Motorized/Power Boats
o Non-Motorized Boats
• Monitoring Equipment
o Boat and Yacht Monitoring Solutions
o IoT Sensors
o Telematics Solutions
o Others

Regional Insights:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/leisure-boat-market

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Contact US:

Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.