Lucintel Forecasts the Global Recreational Boat Market to Reach $26.4 billion by 2030
Lucintel Forecasts the Global Recreational Boat Market to Reach $26.4 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global recreational boat market looks promising with opportunities in the fishing, transportation, sport, and travel & tourism applications. The global recreational boat market is expected to reach an estimated $26.4 billion by 2030 from $18.4 billion in 2024, at a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are rising tourism worldwide, growing interest in outdoor recreational activities and water sports, and rapid advancement in autonomous marine technology.
A more than 150-page report to understand trends, opportunity and forecast in recreational boat market to 2030 by boat type (yachts, sailboats, personal watercrafts, inflatables, and others), propulsion (outboard boats, inboard & sterndrive boats, and sail boats), engine (diesel and electric), application (fishing, transportation, sports, travel & tourism, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within boat type category, yacht is expected to witness the highest growth over the forecast period due to the growing appeal of cruising and recreational boating.
Within the application category, sport is expected to witness the highest growth over the forecast period.
Download sample by clicking on recreational boat market
In terms of regions, North America is expected to witness the highest growth over the forecast period due to strong regional demand for water sports and recreational boating and the existence of several boat & engine manufacturers in the region.
Groupe Beneteau, Brunswick, Marine Products, Carnival, Royal Caribbean Cruises, Norwegian Cruise Line Holdings, MCBC Holdings, Malibu Boats, Grand Banks Yachts, Porter are the major suppliers in the recreational boat market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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