Global Leisure Boats Industry

Global Leisure Boats Industry

  • July 2020 •
  • 766 pages •
  • Report ID: 5900851 •
  • Format: PDF
Global Leisure Boats Market to Reach $46.7 Billion by 2027

Amid the COVID-19 crisis, the global market for Leisure Boats estimated at US$38.4 Billion in the year 2020, is projected to reach a revised size of US$46.7 Billion by 2027, growing at aCAGR of 2.9% over the period 2020-2027. Motorized/Power Boats, one of the segments analyzed in the report, is projected to record 3.1% CAGR and reach US$28.6 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 2.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $10.4 Billion, While China is Forecast to Grow at 5.3% CAGR

The Leisure Boats market in the U.S. is estimated at US$10.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$9.5 Billion by the year 2027 trailing a CAGR of 5.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.7% and 2.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.3% CAGR.We bring years of research experience to this 17th edition of our report. The 766-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,
  • Avon Marine
  • Azimut|Benetti Group
  • Baja Marine
  • Bavaria Yachtbau GmbH
  • Bay Way Electronics
  • Bombardier Recreational Products, Inc.
  • Brunswick Corporation
  • Chaparral Boats, Inc.
  • EnVue Telematics, LLC.
  • Farr Yacht Design
  • Ferretti SpA
  • Fountain Powerboats
  • Groupe Beneteau
  • HCB Center Console Yachts
  • Malibu Boats Inc.
  • Mercury Marine
  • Monnit Corporation
  • Neil Marine (Private) Ltd.
  • Sentinel d.o.o
  • Sigfox SA
  • SilverTip Telematics
  • Siren Marine, LLC
  • Sunseeker International Ltd.