Global Leisure Boat Market is valued USD 35.9 billion in 2016 is anticipated to grow USD 54.51 billion with the compounded annual growth of 4.75% over the forecast period 2018-2025.

New York 10 Aug 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Leisure Boat market industry is poised to raise USD 54.51 billion by 2025. The major factors expected to augment the market are fluctuating economic situations, a rise in consumer disposable income across the world and booming tourism sector are the major factors which are driving the growth in the Global Leisure Boat Market. A Leisure Boat is a boat used for personal, family, and sometimes sportsmanlike recreation. They are also used for holidays, for example on a canal, river, waterway, lake, in an archipelago or coastal area and are usually kept on marinas.

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Global Leisure Boat Market Size Study, By New Leisure Boat (Motorized, Non-Motorized), By Used Leisure Boat (Motorized, Non-Motorized), By Equipment (IoT Sensors, Monitoring Equipment, and Telematics Solutions), and By Regional Forecasts, 2018-2025

The industry is seeming to be fairly competitive. Some of the leading market players include Bavaria Yachtbau GmbH, Avon Marine, Bombardier Recreational Products (BRP) Inc., Azimut Benetti S.p.A., Chaparral Boats, Inc., Baja Marine, Brunswick Corporation, Carlisle Paddles Inc., Groupe Beneteau, Malibu Boats Inc., and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.

Key findings of the study:

  • The North American and European region accounted for the significant market share, more than XX % of the total market in 2016.
  • The Asia Pacific region will be the highest growing segment with respect to geographical segmentation, the region is likely to grow by XX% CAGR over the forecast period 2018-2025

Bizwit Research & Consulting LLP has considered following segments for the study:

By New Leisure Boat:

  • Motorized
    • Yacht
    • Personal Boats
    • Outboard Boats
  • Non-Motorized
    • Canoes
    • Kayaks

By Used Leisure Boat:

  • Motorized
    • Yacht
    • Personal Boats
    • Outboard Boats
  • Non-Motorized
    • Canoes
    • Kayaks

By Equipment:

  • IoT Sensors
    • Voltage Meter
    • Temperature & Motion Sensor
    • Water Detection Sensor
  • Telematics Solutions
  • Boat & Yacht Monitoring Solutions

Regional Outlook:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Rest of the World

To get a sample of this report or to purchase a copy of the study, you can directly contact us. Or mail to us at: sales@bizwitresearch.com

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