Leisure Boat market is giving the major share of 4.31% in 2018 and projected to grow at compound annual growth rate (CAGR) of more than over 4% during forecast period 2019-2023.

“Global “Leisure Boat Market” gives in-depth analysis of the parent market with important changes in market dynamics, analyse segmentation details of the market as former, on-going, and projected market in terms of volume and value. Leisure Boat market report specifies detailed competitive outlook including the market share and company profiles of the key participants operating in the global market.

About this market

The increasing demand for outboard powerboats will be one of the key drivers in the market growth. While outboard powerboats have always held a significant portion of the market, their demand further rose in recent years. Many boat companies offer multiple outboard engines, which makes their use in larger boats requiring more power simpler. The preference for outboard powerboats during the forecast period is expected to rise due to the augmented benefits associated with them. Therefore, the demand for outboard powerboats will be a key volume driver for the global leisure boat market. Our analysts have predicted that the leisure boat market will register a CAGR of over 4% by 2023.

Leisure Boat market report highlights the economy, past and emerging trend of industry, and availability of basic resources. furthermore, the market report explains development trend, analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out in the end, the report makes some important proposals for a new project of Leisure Boat market before evaluating its possibility.

Competitive Landscape

The market appears to be split and with the presence of several companies. Factors such as the increasing availability of multifunctional Leisure Boat with rising and increased demand

  • AB Volvo
  • Azimut | Benetti Group
  • BRUNSWICK CORPORATION
  • Groupe Beneteau
  • Yamaha Motor Co.
  • Ltd.

Dynamics of Leisure Boat Market

Market Driver: increasing customer engagement in marinas and recreational boating activities

Market Trend: initiatives by government and organizations to promote leisure boating in emerging countries

Market Challenge: declining leisure boat registrations due to increasing maritime accidents

Technological integration in leisure boats
Technological integration in leisure boats is driving the growth of the market globally. Leisure boats are equipped with features such as digital dashboards, joystick controls, and digital throttles. The adoption of advanced technologies makes boat operations easy, thus gaining consumer confidence.
High total cost of ownership of leisure boats
The affording a leisure boat is economically not feasible for low- and mid-income families. Due to its expensive nature, the market for leisure boats is very niche in emerging economies as well. Therefore, the high total cost of ownership of leisure boats will be a key price challenge that might hinder the growth of the market.

Regions of Leisure Boat market

  • Americas
  • EMEA
  • APAC

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TOC of Leisure Boat Market Report

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
2.1 Preface
2.2 Preface
2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis

PART 04: MARKET SIZING
Market definition
Market sizing 2018
Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT
Market segmentation by product
Comparison by product
Leisure boat accessories - Market size and forecast 2018-2023
Leisure boat motors - Market size and forecast 2018-2023
Leisure boat building - Market size and forecast 2018-2023
Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
Geographic segmentation
Geographic comparison
North America - Market size and forecast 2018-2023
Europe - Market size and forecast 2018-2023
APAC - Market size and forecast 2018-2023
South America - Market size and forecast 2018-2023
MEA - Market size and forecast 2018-2023
Key leading countries
Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
Market drivers
Market challenges

PART 11: MARKET TRENDS
Introduction of hybrid propulsion system in leisure boats
Initiatives by government and organizations to promote leisure boating in emerging countries
Growing population of HNWI will boost the leisure boat sales

PART 12: VENDOR LANDSCAPE
Overview
Landscape disruption
Competitive scenario

PART 13: VENDOR ANALYSIS

No. of Pages: - 118

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