Leisure Boat Market by Type (Motorized or Power Boats, Non-Motorized Boats), Equipment (Boat & Yacht Monitoring Solutions, IoT Sensors, Telematics Solutions), Boat Size, Application - Global Forecast 2023-2030
The Leisure Boat Market is projected to reach USD 77.53 billion by 2030 from USD 41.74 billion in 2022, at a CAGR of 8.04% during the forecast period.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Leisure Boat Market.
- Based on Type, market is studied across Motorized or Power Boats and Non-Motorized Boats. The Motorized or Power Boats commanded largest market share of 90.68% in 2022, followed by Non-Motorized Boats.
- Based on Equipment, market is studied across Boat & Yacht Monitoring Solutions, IoT Sensors, and Telematics Solutions. The Boat & Yacht Monitoring Solutions commanded largest market share of 39.23% in 2022, followed by Telematics Solutions.
- Based on Boat Size, market is studied across 30–50 Feet Boats,<30 Feet, and >50 Feet Boats. The<30 Feet commanded largest market share of 42.12% in 2022, followed by 30–50 Feet Boats.
- Based on Application, market is studied across Cruising, Fishing, and Watersports. The Watersports commanded largest market share of 34.32% in 2022, followed by Cruising.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 36.23% in 2022, followed by Americas.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Leisure Boat Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Leisure Boat Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Leisure Boat Market, highlighting leading vendors and their innovative profiles. These include AB Volvo, AIRE, Apache Powerboats, Axopar Boats Oy, Azimut Benetti S.p.A., Bavaria Yachtbau GmbH, Bertram Yachts LLC, Better Boats, Inc., Bombardier Recreational Products Inc., BPS Direct, L.L.C., Brisbane Boating & Leisure, Brunswick Corporation, Catalina Yachts, Chaparral Boats, Inc., Chris-Craft Boats, Farr Yacht Design Ltd., Ferretti S.p.A., Fleming Yachts, Fulcrum Speedworks, Grady-White Boats, Inc., Groupe Beneteau, Highwater Marine, LLC by Polaris Industries Inc., Iconic Marine Group, Lyman-Morse Boatbuilding, Inc., Malibu Boats, Inc., Marine Products Corporation, MarineMax, Inc., MasterCraft Boat Holdings, Inc., Raymarine by Teledyne FLIR LLC, Tige Boats, Inc., Viking Yacht Company, Winnebago Industries, Inc., X Shore AB, Yamaha Motor Co., Ltd., and Yanmar Co., Ltd..
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Leisure Boat Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Leisure Boat Market?
- What is the competitive strategic window for identifying opportunities in the Leisure Boat Market?
- What are the latest technology trends and regulatory frameworks in the Leisure Boat Market?
- What is the market share of the leading vendors in the Leisure Boat Market?
- Which modes and strategic moves are suitable for entering the Leisure Boat Market?
Please Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Leisure Boat Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Rising disposable income of citizens & flourishing tourism sector
- 5.1.1.2. Growing participation of people in recreational & competitive boating activities worldwide
- 5.1.2. Restraints
- 5.1.2.1. High pricing and maintenance of leisure boats
- 5.1.3. Opportunities
- 5.1.3.1. Integration of advanced technologies in leisure boats
- 5.1.3.2. Proliferating influence of boat shows and tournaments
- 5.1.4. Challenges
- 5.1.4.1. Safety issues associated with leisure boats
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.3.1. Growing customer expenditures on recreational activities with advancing maritime tourism sector in the Americas
- 5.3.2. Supportive government initiatives and investments to support marine tourism in the Asia-Pacific
- 5.3.3. Government standards for ensuring safety and usability of leisure boats in the EMEA
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. Leisure Boat Market, by Type
- 6.1. Introduction
- 6.2. Motorized or Power Boats
- 6.3. Non-Motorized Boats
- 7. Leisure Boat Market, by Equipment
- 7.1. Introduction
- 7.2. Boat & Yacht Monitoring Solutions
- 7.3. IoT Sensors
- 7.4. Telematics Solutions
- 8. Leisure Boat Market, by Boat Size
- 8.1. Introduction
- 8.2. 30–50 Feet Boats
- 8.3.<30 Feet
- 8.4. >50 Feet Boats
- 9. Leisure Boat Market, by Application
- 9.1. Introduction
- 9.2. Cruising
- 9.3. Fishing
- 9.4. Watersports
- 10. Americas Leisure Boat Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Leisure Boat Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Leisure Boat Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 13.3.1. Merger & Acquisition
- 13.3.1.1. MarineMax Expands in the Midwest With the Addition of C&C Boat Works
- 13.3.1.2. MarineMax Completes Acquisition of Boatzon, an Innovative Customer Experience Driven Retail Technology Platform for the Marine Industry
- 13.3.1.3. BRP Completes The Acquisition Of The Shawinigan Operations Of Kongsberg Inc.
- 13.3.1.4. Massello Srl and Fratelli Canalicchio Acquired by Ferretti Group
- 13.3.1.5. NauticStar Purchased By Fountain Powerboats & Donzi Marine Group
- 13.3.2. Agreement, Collaboration, & Partnership
- 13.3.2.1. Yamaha partners with Bray Marine Sales to power ‘picnic’ boat brand
- 13.3.2.2. Raymarine And Avikus Announce Exclusive Partnership
- 13.3.2.3. Leisure boat collaborations for progressive innovation in hybrid and other technologies
- 13.3.2.4. Groupe Beneteau launches a partnership with Vision Marine Technologies to develop and market 100% electric outboard-equipped boats
- 13.3.3. New Product Launch & Enhancement
- 13.3.3.1. Volvo Penta boosts watersport experience with new launches
- 13.3.3.2. SES-X Air-Cushioned Hull Taking Off With Electric Ferries, High Speed Leisure Boats
- 13.3.3.3. Brunswick Corporation Launches New Boat Brand Designed for Electrification and First-Time Boaters
- 13.3.4. Investment & Funding
- 13.3.4.1. Government of Canada announces funding to support safe boating during North American Safe Boating Awareness Week
- 13.3.4.2. Yanmar Invests USD 21M in GetMyBoat as Part of Series B Funding
- 13.3.5. Award, Recognition, & Expansion
- 13.3.5.1. BRP Announces Construction Of A New Production Facility In Mexico Dedicated To Boat Manufacturing
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. AB Volvo
- 14.1.2. AIRE
- 14.1.3. Apache Powerboats
- 14.1.4. Axopar Boats Oy
- 14.1.5. Azimut Benetti S.p.A.
- 14.1.6. Bavaria Yachtbau GmbH
- 14.1.7. Bertram Yachts LLC
- 14.1.8. Better Boats, Inc.
- 14.1.9. Bombardier Recreational Products Inc.
- 14.1.10. BPS Direct, L.L.C.
- 14.1.11. Brisbane Boating & Leisure
- 14.1.12. Brunswick Corporation
- 14.1.13. Catalina Yachts
- 14.1.14. Chaparral Boats, Inc.
- 14.1.15. Chris-Craft Boats
- 14.1.16. Farr Yacht Design Ltd.
- 14.1.17. Ferretti S.p.A.
- 14.1.18. Fleming Yachts
- 14.1.19. Fulcrum Speedworks
- 14.1.20. Grady-White Boats, Inc.
- 14.1.21. Groupe Beneteau
- 14.1.22. Highwater Marine, LLC by Polaris Industries Inc.
- 14.1.23. Iconic Marine Group
- 14.1.24. Lyman-Morse Boatbuilding, Inc.
- 14.1.25. Malibu Boats, Inc.
- 14.1.26. Marine Products Corporation
- 14.1.27. MarineMax, Inc.
- 14.1.28. MasterCraft Boat Holdings, Inc.
- 14.1.29. Raymarine by Teledyne FLIR LLC
- 14.1.30. Tige Boats, Inc.
- 14.1.31. Viking Yacht Company
- 14.1.32. Winnebago Industries, Inc.
- 14.1.33. X Shore AB
- 14.1.34. Yamaha Motor Co., Ltd.
- 14.1.35. Yanmar Co., Ltd.
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
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