Yachts are recreational boats designed with luxury amenities, and are purchased by individuals belonging to the high-income group. Yachts with a length greater than 24 feet are known as luxury yachts, superyachts, mega yachts, or large yachts. They are segmented based on size and propulsion, and are largely used for recreational purposes. The global yacht battery market is mainly driven by the increase in sales of leisure boats due to the rising popularity of boat shows in the US, Europe, and ROW. Leisure boat sales in the US is estimated to increase with the recovering economy. With the increase in disposable income in households, customers in the US are replacing their leisure boats.
Technavio’s analysts forecast the global yacht battery market to grow at a CAGR of 2.54% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global yacht battery market for 2017-2021. To calculate the market size, the report considers the number of yachts sold.
The market is divided into the following segments based on geography: - Europe - ROW - US
Technavio's report, Global Yacht Battery Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Market driver - Growth of boating industry - For a full, detailed list, view our report
Market challenge - Increasing sales of pre-owned boats - For a full, detailed list, view our report
Market trend - AGM batteries replacing lead-acid batteries - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
Our reports have been used by over 10K customers, including:
Automated guided vehicle (AGV) market is estimated to grow at a CAGR of 8.02% from 2018 to 2023 The AGV market is expected to grow from USD 1.86 billion in 2018 to USD 2.74 billion by 2023, at a CAGR of 8.02% from 2018 to 2023. The overall market growth is driven by the factors such as rising demand for automation in material...
The report on global battery recycling market provides qualitative and quantitative analysis for the period of 2016 to 2024. The report predicts the global battery recycling market to grow with a CAGR of 9.0% over the forecast period of 2018-2024. The study on battery recycling market covers the analysis of the leading...
Executive Summary This is a comprehensive report on the market for battery-electric vehicles (BEVs). The covers report the market through 2032. Over 70 million light-duty BEVs will be sold in 2032, generating close to three trillion dollars in revenue. The sales of these vehicles will be highest in developed...
223 pages •
By Transparency Market Research
• Jul 2018
Battery Recycling Market - Overview Battery recycling involves the recycling of used batteries from various sources such as household batteries; car batteries; and batteries from laptops, mobile phones, power tools, etc.. This activity prevents batteries from ending up in municipal waste and landfills and prevents hazardous...
Primary batteries are not capable of being efficiently recharged electrically, and are used once and discarded. Primary battery is a convenient, usually inexpensive, lightweight source of packaged power for portable electronic and electric devices, toys, memory backup, lighting, photographic equipment, and a wide variety of other applications,...
Report Scope The global mobile charger market has been segmented on the basis of technology, application, end user, and region.The report also includes opportunity analysis; and current trends, with a focus on solar chargers and emerging technologies, are covered at length. The mobile charger market is gaining momentum...