Global Leisure Boats Market 2021-2027 - Popularity of Boating Activity Up-Thrusts Global Leisure Boat Market to Prime Point

Dublin, March 25, 2021 (GLOBE NEWSWIRE) -- The "Leisure Boats - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Leisure Boats Market to Reach $45.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Leisure Boats estimated at US$ 35 Billion in the year 2020, is projected to reach a revised size of US$ 45.9 Billion by 2027, growing at a CAGR of 4% over the period 2020-2027.

Motorized/Power Boats, one of the segments analyzed in the report, is projected to record 4.9% CAGR and reach US$ 28.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Motorized Boats segment is readjusted to a revised 2.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $14.3 Billion, While China is Forecast to Grow at 5.7% CAGR

The Leisure Boats market in the U.S. is estimated at US$ 14.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$ 4.5 Billion by the year 2027 trailing a CAGR of 5.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 3.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Impact of Covid-19 and a Looming Global Recession

• A Review of COVID-19 Impact on Global Travel & Tourism Industry

• Leisure Marine Industry amid COVID-19 Pandemic

• Industry Witnesses an Uptick in Recreational Boating among Scores of Boaters after Easing of Restrictions

• Leisure Boat: An Overview

• Types of Leisure Boats

• Market Outlook: Popularity of Boating Activity Up-Thrusts Global Leisure Boat Market to Prime Point

• Select Stats

• Influx of Emerging Technologies Set to Transform & Boost Boating Industry

• New Leisure Boat Category Adds New Revenue Pockets to Leisure Boat Market

• Regional Market Overview

• Recent Market Activity

• Select New Launches

• World Brands

2. FOCUS ON SELECT PLAYERS(Total 207 Featured):

• AB Volvo

• Avon Boats

• Azimut Benetti Group

• Baja Marine

• Bavaria Yachtbau

• Bennington Marine LLC,

• Bombardier Recreational Products (BRP) Inc.

• Brunswick Corporation

• Catalina Yachts

• Chaparral Boats Inc

• Farr Yacht Design, Ltd.

• Ferretti S.P.A.

• Fountain Powerboats, Inc.

• Godfrey Pontoon Group

• Groupe Beneteau

• Johnson Outdoors Watercraft, Inc.

• Mahindra Odyssea

• Ranger Boats

• Sunseeker International Limited

• The MasterCraft Boat Company

• TRACKER BOATS

• Yamaha Motor Company Limited

3. MARKET TRENDS & DRIVERS

• Popularity of Nautical Tourism Underpins Market Expansion

• Established Image of Chartering in Vacations Fuels Growth

• Leisure Boats Integrated with Advanced Technologies Come to the Fore

• Prominent Trends Benefitting Leisure Boat Market in Big Way

• GPS Tracking Technology

• Automated Boats

• Smart Boats Enter the Fray

• Adoption of AI Solutions Gains Momentum

• Digital Dashboards & Social Media

• Rising Significance of Software in Recreational Maritime Industry

• Rising Demand for Personalized Leisure Boats to Drive Growth

• Boats Enjoy New Highs with Outboard Power Kick

• Electric Leisure Boating Makes Waves

• Introduction of Hybrid Propulsion System in Leisure Boats

• Factors Inhibiting Electric Leisure Boats from Sailing into Mainstream

• High Net Worth Individuals: A Key Customer Class

• Yachting to Gain from Rise in UHNW Individuals

• Boating Industry Targets Millennials and Gen-Z

• Global Millennial Population Facts & Figures: Important Opportunity Indicators

• Surging Interest in Sailing among Women Opens Up Growth Avenues

• Increasing Disposable Incomes to Propel Sales

• Emergence of Recreational Fishing as Favorite Pastime Widens Opportunities

• Surging Popularity of Kayak Fishing Benefits Market Expansion

• Digital Technologies Become Pervasive in the Boating Industry

• Disruptive Technologies Transforming Sports Fishing Boats over the Years

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

• UNITED STATES

• US Boat Industry: An Overview

• Market Analytics

• CANADA

• JAPAN

• CHINA

• China: A High-Growth Market for Leisure Boats

• Yacht Industry: An Overview

• Market Analytics

• EUROPE

• Market Overview

• Boating Industry and EU Recovery Plan

• Mediterranean Basin: The Hub for Recreational Boating in Europe

• Market Analytics

• FRANCE

• Market Overview

• Market Analytics

• GERMANY

• Market Overview

• Market Analytics

• ITALY

• UNITED KINGDOM

• Market Overview

• Market Analytics

• SPAIN

• RUSSIA

• REST OF EUROPE

• Poland

• Market Analytics

• ASIA-PACIFIC

• AUSTRALIA

• INDIA

• SOUTH KOREA

• REST OF ASIA-PACIFIC

• Southeast Asia

• Market Analytics

• LATIN AMERICA

• ARGENTINA

• BRAZIL

• Market Overview

• Market Analytics

• MEXICO

• REST OF LATIN AMERICA

• MIDDLE EAST

• Market Overview

• Market Analytics

• AFRICA

IV. COMPETITION

• Total Companies Profiled: 195

For more information about this report visit https://www.researchandmarkets.com/r/xointp

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