Luxury Recreational Boats Market Insights & Brand Analysis | Most Leading Companies - Brunswick Corporation, Groupe Beneteau, Malibu Boats

The Global Recreational Boat Market size was worth US$ 21.90 billion in 2023 and is estimated to reach US$ 37.65 billion by 2031, growing at a CAGR of 7.01% during the forecast period (2024-2031).

Recreational Boats Market, as detailed in the DataM Intelligence report, presents a strategic overview of the industry backed by in-depth data and market trends. The study highlights the performance and positioning of major players, focusing on their offerings, pricing models, financial outcomes, and growth strategies. It serves as a concise yet insightful reference for understanding the current landscape and future direction of the market.

Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://datamintelligence.com/download-sample/recreational-boats-market?kb

Market Overview:

Recreational Boats refer to watercraft primarily designed for leisure and pleasure activities rather than commercial or military use. These boats are commonly used for personal enjoyment, including activities such as cruising, fishing, water sports, and sailing. They range in size and type from small inflatables and motorboats to luxurious yachts and sailboats.

List of the Key Players in the Recreational Boats Market:

Brunswick Corporation, Groupe Beneteau, Malibu Boats, Polaris Inc., MasterCraft Boat Company, Sunseeker International, Ferretti Group, Bass Pro Group, Marine Products Corporation and Yamaha Motor Company

Recreational Boats Market Development:

In January 2023, Brunswick Corporation announced the upcoming launch of a fully electric marine outboard motor. Mercury Marine, a division of Brunswick, unveiled the Avator 7.5e, the first model in its new line of electric outboard motors. Delivering 750 W of power at the prop shaft, the Avator 7.5e offers performance comparable to Mercury's 3.5 hp FourStroke outboard. Designed for small vessels like tenders, inflatables, and kayaks, the motor is available with either tiller or remote steering. Notably, it includes a swappable lithium-ion battery-developed in collaboration with Mastervolt-that is rated IP67 for water resistance and operates on a 48V/1 kWh system.

In April 2023, Ferretti Group introduced the Custom Line 106' Hull 14, crafted by the Ferretti Group Engineering Department. This yacht represents the entry-level model in the brand's planning line series. It features spacious interiors with 2-meter-high ceilings, expansive windows, and over 200 square meters of seamlessly connected outdoor living space.

Speak to Our Senior Analyst and Get Customization in the report as per your requirements: https://datamintelligence.com/customize/recreational-boats-market?kb

Segment Covered in the Recreational Boats Market:

By Boat: Yachts, Sailboats, Personal Watercraft Boats, Others

By Activity: Watersports & Cruising , Fishing

By Boat Size: Less Than 30 Feet, 30-50 Feet, Greater Than 50 Feet

By Material: Aluminium, Steel, Fiberglass, Others

By Engine: Outboards, Inboards, Others

Regional Analysis for Recreational Boats Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Frequently asked questions:

➠ What are the global sales, production, consumption, import, and export figures for the Recreational Boats market?

➠ Who are the key global manufacturers, and how are they performing operationally?

➠ What opportunities and risks do vendors face in the Recreational Boats market?

➠ Which product types or end-users show the most growth potential, and what are their market shares?

➠ What factors are driving or limiting growth in the Recreational Boats market?

Stay informed with the latest industry insights-start your subscription now: https://www.datamintelligence.com/reports-subscription?kb

Contact Us-

Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us-

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.