Global Leisure Boat Market Size was valued nearly USD 36.60 billion by 2017 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 3.89% during the forecast period, i.e. 2017-2025 due to increasing demand from end users such as coastguard security, navy and military, tourism and sport same time personal watercraft used in pilot boat operations, surf rescue, farming, fishing, exploration, pleasure boating, and other water activities are anticipated to boost industry growth over the forecast period. Additionally Mexico, Canada, USA and New Zealand which is help to drive the industry demand in coming years. China, Japan, India, Thailand and Australia will play significant role in coming years due to growing demand from adventure tourism and sport sectors.

Worldwide Leisure Boat Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global leisure boat market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.

Market Dynamic

Global leisure boat Market Size is estimated to healthy growth during forecast period owing to technological advancements and growing demand form tourism industry. This would increase the demand of leisure boat and promote the growth of leisure boat market over the assessment period owing to increase in leisure spending and increasing demand of leisure boat for utilization in sports. Moreover, now the manufacturers are launching multi-passenger leisure boat in the market which offer state of art features and functions. Multi-passenger leisure boat are trending in the market, owing to this leisure boat manufacturers have focused their designs on today’s consumer base i.e. families thus, continuing to manufacture more of three person models. Their increasing demand will further drive the anticipated growth of leisure boat market over the assessment period. The global leisure boat market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.       

Regional Outlook

The global leisure boat market is divided into region that are North America - U.S, Canada, Other) (Asia-Pacific -India, Japan, China, Australia, Other) (Europe – UK, Russia, France, Brazil, Other) (Middle East and Africa. Every region analysis based on growth, revenue, volume, challenges, and opportunities with the regional and global key players. North America was held major industry share and is projected to be hold accountable market revenue in the global industry due to major key players presence, row materials and equipment manufacturers are major factors will increase demand of leisure boat in the region. Additionally growing demand from tourism industry same time sports, navy and military sectors boosting industry demand in region over the forecast period.  In 2017, Europe leisure boat market was counted significant value in terms of revenue and is estimated to show healthy growth rate during the industry forecast years. Owing to increasing investment in tourism, sports costal Gard and recreation etc. The European leisure boat market is projected to show the highest CAGR rate during the forecast years. Owing to growing demand for recreational boats in various countries, such as the U.K., France, Germany, Italy, and Spain, is excepted to impact the growth of the region.

Global Leisure Boat Market Size, Share Analysis By Region 2017  

Asia Pacific industry is projected to register healthy growth rate during the forecast period due to increasing demand from tourism and governments support will boost the industry in coming years. China and India are the highest CAGR rate in next few years due to countries can be attributed to viability of water resource like vast coastline, lengthy rivers and inland lakes. Additionally ME & A countries government to promote yachting as a leisure activity are estimated to trigger the demand for recreational watercrafts in the countries.

Global Leisure Boat Market Study Objective

1. To forecast the market size of leisure boat market, along with describing and defining the market, in terms of volume and revenue.

2. Market analysis and forecast of leisure boat market on the basis of region, substrate and application or end-use industry.

3. To analyze and elaborate significant factors that will have major impact on the growth of leisure boat market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of leisure boat market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the leisure boat market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

Bottom-up and top-down are two main approaches that were taken into account to anticipate and validate the market size of leisure boat market, and to reach the anticipated market size of several dependent submarkets. The research and study involved massive utilization of secondary data sources, several directories, private and government websites, and authentic databases, to collect or gather market-oriented as well as technical information for the study of personal watercraft market commercially.

Key Players

Some of the major key players in leisure boat market include Avon Marine; Azimut Benetti S.p.A.; Baja Marine; Bavaria Yachtbau GmbH; Bombardier Recreational Products (BRP) Inc.; Brunswick Corporation; Farr Yacht Design, Ltd.; and Groupe Beneteau.

Global Leisure Boat Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.