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LEISURE BOATS

Global Market Trajectory & Analytics

MCP-4105

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  •  DATE

    JULY 2020

  •  TABLES

    207

  •  PAGES

    766

  •  EDITION

    17

  •  PRICE

    USD $5450

COVID-19 IMPACT SURVEY
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 a CAGR of 2.9% over the period 2020-2027.Motorized/Power Boats, one of the segments analyzed in the report, is projected to grow at a 3.1% CAGR to 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. This segment currently accounts for a 39.6% share of the global Leisure Boats market.
The Leisure Boats market in the U.S. is estimated at US$10.4 Billion in the year 2020. The country currently accounts for a 27.02% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$9.5 Billion in the year 2027 trailing a CAGR of 5.3% through 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 while Rest of European market (as defined in the study) will reach US$9.5 Billion by the year 2027.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.
» New Leisure Boat (Motorized/Power Boats, and Non-Motorized Boats) » Equipment (Boat & Yacht Monitoring Solutions, IoT Sensors, Telematics Solutions, and Other Equipments)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa

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