The latest update of “Global Recreational Boat Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Recreational Boat Market.
Overview of the Recreational Boat Market:
A boat has several important parts, such as a motor and a propeller. The engine is the main component of a boat, while a propeller is a rotating device that moves the vessel forward or backward. The rigging contains all the cables, wires, and lines that allow the boat to move. In addition, the rudder is a horizontal appendage below the waterline that steers the boat. A saloon is the interior social space, and the stern is the back of the boat. A swim platform is attached to the transom, where people can step onto and off the boat. While a boat is typically small and can carry a small amount of cargo, luxury boats can be large and have enormous carrying capacities. In addition, a ship can be lifted out of the water for repairs. A multihull can have multiple bows, or two or even three.
The global recreational boat market focuses on six regions, such as North America, Asia Pacific, South America, Europe, the Middle East, and Africa.
Drivers:
The high presence of key market players in the world is expected to fuel the growth of the global recreational boat market over the forecast period. For instance, in February 2021, Polaris Inc. introduced its 2286 SFL Sweetwater lounge. There are many types of boats, and most are small in size. Inland waterways are home to small boats, while offshore uses are served by big boats, such as fishing vessels and whaleboats. Although there are a variety of types of boats, all of them share a common characteristic: they are capable of carrying passengers and cargo. A small boat is a useful type of vessel for a small amount of cargo, while a whaleboat is designed for offshore use. Increasing product launches by key market players are estimated to enhance the growth of the global recreational boat market.
Restraints:
The high cost of recreational boats is expected to hinder the growth of the global recreational boat market.
Regional Insights:
In regions, North America is expected to dominate the growth of the global recreational boat market, owing to increasing sales of luxury boats in the region. For instance, in February 2021, Brunswick’s Sea Ray announced the introduction of its Sundancer 370 boat. Moreover, the Asia Pacific is estimated to witness significant growth in the global recreational boat market owing to the high expansion of key market players and the high increase of disposable income in the region.
Competitive Section:
Key players operating in the global recreational boat market include MasterCraft Boat Company, Polaris Inc., Malibu Boats, Groupe Beneteau, and Brunswick Corporation.
In February 2021, Polaris Inc. introduced a new boat called, the 2021 hurricane center console SS 231 OB boat.
In January 2021, Bryton Marine Group announced the launch of its Brix Marine 4216 CTC boat.
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Recreational Boat Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The Recreational Boat Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- Brunswick corporation (US)
- Groupe Beneteau (France)
- Malibu Boats (US)
- Polaris Inc. (US)
- MasterCraft Boat Company (US)
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Recreational Boat Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- Yachts
- Sailboats
- Personal Watercrafts
- Inflatables
- Others
By Applications, the market is segmented into:
- Outboards
- Inboards
- Others
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Recreational Boat Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Recreational Boat Market Share by Application: 2021 VS 2028
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Recreational Boat Market
1.6.1 How the Covid-19 is Affecting the Recreational Boat Market
1.6.1.1 Recreational Boat Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Recreational Boat Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Recreational Boat Market Perspective (2015-2028)
2.2 Recreational Boat Market Growth Trends by Regions
2.2.1 Recreational Boat Market Size by Regions: 2015 VS 2021 VS 2028
2.2.2 Recreational Boat Market Historic Market Share by Regions (2015-2021)
2.2.3 Recreational Boat Market Forecasted Market Size by Regions (2021-2028)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Recreational Boat Market Growth Strategy
2.3.6 Primary Interviews with Key Recreational Boat Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Recreational Boat Market Players by Market Size
3.1.1 Global Top Recreational Boat Market Players by Revenue (2015-2021)
3.1.2 Global Recreational Boat Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Recreational Boat Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Recreational Boat Market Concentration Ratio
3.2.1 Global Recreational Boat Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Recreational Boat Market Revenue in 2019
3.3 Recreational Boat Market Key Players Head office and Area Served
3.4 Key Players Recreational Boat Market Product Solution and Service
3.5 Date of entering into Recreational Boat Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2028)
4.1 Global Recreational Boat Market Historic Market Size by Type (2015-2021)
4.2 Global Recreational Boat Market Forecasted Market Size by Type (2021-2028)
5 Recreational Boat Market Breakdown Data by Application (2015-2028)
5.1 Global Recreational Boat Market Size by Application (2015-2021)
5.2 Global Recreational Boat Market Forecasted Market Size by Application (2021-2028)
6 North America
6.1 North America Recreational Boat Market Size (2015-2021)
6.2 Recreational Boat Market Key Players in North America (2019-2021)
6.3 North America Recreational Boat Market Size by Type (2015-2021)
6.4 North America Recreational Boat Market Size by Application (2015-2021)
7 Europe
7.1 Europe Recreational Boat Market Size (2015-2021)
7.2 Recreational Boat Market Key Players in Europe (2019-2021)
7.3 Europe Recreational Boat Market Size by Type (2015-2021)
7.4 Europe Recreational Boat Market Size by Application (2015-2021)
8 China
8.1 China Recreational Boat Market Size (2015-2021)
8.2 Recreational Boat Market Key Players in China (2019-2021)
8.3 China Recreational Boat Market Size by Type (2015-2021)
8.4 China Recreational Boat Market Size by Application (2015-2021)
9 Japan
9.1 Japan Recreational Boat Market Size (2015-2021)
9.2 Recreational Boat Market Key Players in Japan (2019-2021)
9.3 Japan Recreational Boat Market Size by Type (2015-2021)
9.4 Japan Recreational Boat Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia Recreational Boat Market Size (2015-2021)
10.2 Recreational Boat Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Recreational Boat Market Size by Type (2015-2021)
10.4 Southeast Asia Recreational Boat Market Size by Application (2015-2021)
11 India
11.1 India Recreational Boat Market Size (2015-2021)
11.2 Recreational Boat Market Key Players in India (2019-2021)
11.3 India Recreational Boat Market Size by Type (2015-2021)
11.4 India Recreational Boat Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America Recreational Boat Market Size (2015-2021)
12.2 Recreational Boat Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Recreational Boat Market Size by Type (2015-2021)
12.4 Central & South America Recreational Boat Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Recreational Boat Market Introduction
13.4 Recreational Boat Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Recreational Boat Market Key Market Segments
Table 2. Key Players Covered: Ranking by Recreational Boat Market Revenue
Table 3. Ranking of Global Top Recreational Boat Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Recreational Boat Market Size Growth Rate by Type (US$ Million): 2021 VS 2028
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Recreational Boat Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Recreational Boat Market Players to Combat Covid-19 Impact
Table 10. Global Recreational Boat Market Size Growth by Application (US$ Million): 2021 VS 2028
Table 11. Global Recreational Boat Market Size by Regions (US$ Million): 2021 VS 2028
Table 12. Global Recreational Boat Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Recreational Boat Market Share by Regions (2015-2021)
Table 14. Global Recreational Boat Market Forecasted Market Size by Regions (2021-2028) (US$ Million)
Table 15. Global Recreational Boat Market Share by Regions (2021-2028)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Recreational Boat Market Growth Strategy
Table 20. Main Points Interviewed from Key Recreational Boat Market Players
Table 21. Global Recreational Boat Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Recreational Boat Market Share by Players (2015-2021)
Table 23. Global Top Recreational Boat Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Recreational Boat Market as of 2019)
Table 24. Global Recreational Boat Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Recreational Boat Market Product Solution and Service
Table 27. Date of entering into Recreational Boat Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Recreational Boat Market Size by Type (2015-2021) (Million US$)
Table 30. Global Recreational Boat Market Size Share by Type (2015-2021)
Table 31. Global Recreational Boat Market Revenue Market Share by Type (2021-2028)
Table 31. Global Recreational Boat Market Size Share by Application (2015-2021)
Table 33. Global Recreational Boat Market Size by Application (2015-2021) (Million US$)
Table 34. Global Recreational Boat Market Size Share by Application (2021-2028)
Table 35. North America Key Players Recreational Boat Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Recreational Boat Market Share (2019-2021)
Table 37. North America Recreational Boat Market Size by Type (2015-2021) (Million US$)
Table 38. North America Recreational Boat Market Share by Type (2015-2021)
Table 39. North America Recreational Boat Market Size by Application (2015-2021) (Million US$)
Table 40. North America Recreational Boat Market Share by Application (2015-2021)
Table 41. Europe Key Players Recreational Boat Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Recreational Boat Market Share (2019-2021)
Table 43. Europe Recreational Boat Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Recreational Boat Market Share by Type (2015-2021)
Table 45. Europe Recreational Boat Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Recreational Boat Market Share by Application (2015-2021)
Table 47. China Key Players Recreational Boat Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Recreational Boat Market Share (2019-2021)
Table 49. China Recreational Boat Market Size by Type (2015-2021) (Million US$)
Table 50. China Recreational Boat Market Share by Type (2015-2021)
Table 51. China Recreational Boat Market Size by Application (2015-2021) (Million US$)
Table 52. China Recreational Boat Market Share by Application (2015-2021)
Table 53. Japan Key Players Recreational Boat Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Recreational Boat Market Share (2019-2021)
Table 55. Japan Recreational Boat Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Recreational Boat Market Share by Type (2015-2021)
Table 57. Japan Recreational Boat Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Recreational Boat Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Recreational Boat Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Recreational Boat Market Share (2019-2021)
Table 61. Southeast Asia Recreational Boat Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Recreational Boat Market Share by Type (2015-2021)
Table 63. Southeast Asia Recreational Boat Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Recreational Boat Market Share by Application (2015-2021)
Table 65. India Key Players Recreational Boat Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Recreational Boat Market Share (2019-2021)
Table 67. India Recreational Boat Market Size by Type (2015-2021) (Million US$)
Table 68. India Recreational Boat Market Share by Type (2015-2021)
Table 69. India Recreational Boat Market Size by Application (2015-2021) (Million US$)
Table 70. India Recreational Boat Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Recreational Boat Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Recreational Boat Market Share (2019-2021)
Table 73. Central & South America Recreational Boat Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Recreational Boat Market Share by Type (2015-2021)
Table 75. Central & South America Recreational Boat Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Recreational Boat Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Recreational Boat Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Recreational Boat Market Share by Type: 2021 VS 2028
Figure 2. Global Recreational Boat Market Share by Application: 2021 VS 2028
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Recreational Boat Market Report Years Considered
Figure 8. Global Recreational Boat Market Size YoY Growth 2015-2028 (US$ Million)
Figure 9. Global Recreational Boat Market Share by Regions: 2021 VS 2028
Figure 10. Global Recreational Boat Market Share by Regions (2021-2028)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Recreational Boat Market Share by Players in 2019
Figure 13. Global Top Recreational Boat Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Recreational Boat Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Recreational Boat Market Revenue in 2019
Figure 15. North America Recreational Boat Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Recreational Boat Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Recreational Boat Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Recreational Boat Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Recreational Boat Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Recreational Boat Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Recreational Boat Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
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