North America Catamaran Market Size, Share & Trends Analysis Report By Product Type (Sailing Catamaran, and Powered Catamaran), By Size (Below 15m, 16m-30m, and Above 30m), By Application, By Country and Growth Forecast, 2023 - 2030
North America Catamaran Market Size, Share & Trends Analysis Report By Product Type (Sailing Catamaran, and Powered Catamaran), By Size (Below 15m, 16m-30m, and Above 30m), By Application, By Country and Growth Forecast, 2023 - 2030
The North America Catamaran Market would witness market growth of 5.1% CAGR during the forecast period (2023-2030).
The US market dominated the North America Catamaran Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $399.4 Million by 2030. The Canada market is experiencing a CAGR of 7.5% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.5% during (2023 - 2030).
The stability and maneuverability of catamarans make them well-suited for military and defense operations. These vessels can swiftly navigate shallow waters, approach coastlines, and stabilize in challenging sea conditions. Catamarans are valuable assets in search and rescue missions due to their speed and ability to access areas that may be difficult for traditional vessels to reach. Their suitability for quick response operations enhances their effectiveness in critical situations. The versatility of catamarans extends to surveillance and patrol missions. Their ability to cover large areas efficiently, combined with advanced navigation and communication technologies, makes them valuable maritime security and border control tools.
With their design features, such as reduced drag and increased fuel efficiency, catamarans align to minimize maritime activities' environmental impact. Lower emissions and fuel consumption make them attractive options for environmentally conscious operators. Catamarans play a key role in eco-tourism initiatives, providing a sustainable and low impact means of exploring marine environments. Their ability to access remote and ecologically sensitive areas positions them as vessels of choice for eco-friendly tourism. Catamarans are finding applications in aquaculture, contributing to sustainable practices in cultivating marine resources. Their stability and adaptability make them suitable for various aquaculture operations, promoting responsible and environmentally friendly practices.
According to the International Trade Administration, in 2020, the Canadian defense industry generated around US$7.12 billion in GDP. Catamarans offer versatility in mission configurations, allowing for integrating various defense systems, surveillance equipment, and communication systems in Canada. Hence, the factors mentioned above will drive the regional market growth.
Based on Product Type, the market is segmented into Sailing Catamaran, and Powered Catamaran. Based on Size, the market is segmented into Below 15m, 16m-30m, and Above 30m. Based on Application, the market is segmented into Leisure, Transport, Sports, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
SA CATANA GROUP
Bavaria Yachtbau
Gemini Catamarans
Travelopia holdings limited.
Grand Large Yachting Group
Azimut Benetti Group
Seawind Group Holdings, Pty Ltd
Fountain Pajot
Privilege Catamarans America (Privilege Marine SAS)
Ferretti S.p.A.
North America Catamaran Market Report Segmentation
By Product Type
Sailing Catamaran
Powered Catamaran
By Size
Below 15m
16m-30m
Above 30m
By Application
Leisure
Transport
Sports
Others
By Country
US
Canada
Mexico
Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Catamaran Market, by Application
1.4.2 North America Catamaran Market, by Size
1.4.3 North America Catamaran Market, by Application
1.4.4 North America Catamaran Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. North America Catamaran Market by Product Type
4.1 North America Sailing Catamaran Market by Country
4.2 North America Powered Catamaran Market by Country
Chapter 5. North America Catamaran Market by Size
5.1 North America Below 15m Market by Country
5.2 North America 16m-30m Market by Country
5.3 North America Above 30m Market by Country
Chapter 6. North America Catamaran Market by Application
6.1 North America Leisure Market by Country
6.2 North America Transport Market by Country
6.3 North America Sports Market by Country
6.4 North America Others Market by Country
Chapter 7. North America Catamaran Market by Country
7.1 US Catamaran Market
7.1.1 US Catamaran Market by Product Type
7.1.2 US Catamaran Market by Size
7.1.3 US Catamaran Market by Application
7.2 Canada Catamaran Market
7.2.1 Canada Catamaran Market by Product Type
7.2.2 Canada Catamaran Market by Size
7.2.3 Canada Catamaran Market by Application
7.3 Mexico Catamaran Market
7.3.1 Mexico Catamaran Market by Product Type
7.3.2 Mexico Catamaran Market by Size
7.3.3 Mexico Catamaran Market by Application
7.4 Rest of North America Catamaran Market
7.4.1 Rest of North America Catamaran Market by Product Type
7.4.2 Rest of North America Catamaran Market by Size
7.4.3 Rest of North America Catamaran Market by Application
Chapter 8. Company Profiles
8.1 SA Catana Group
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Recent strategies and developments:
8.1.4.1 Product Launches and Product Expansions:
8.1.5 SWOT Analysis
8.2 Bavaria Yachtbau
8.2.1 Company Overview
8.2.2 SWOT Analysis
8.3 Gemini Catamarans
8.3.1 Company Overview
8.3.2 SWOT Analysis
8.4 Travelopia holdings Limited (Kohlberg Kravis Roberts & Co. L.P)
8.4.1 Company Overview
8.4.2 SWOT Analysis
8.5 Grand Large Yachting group
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Acquisition and Mergers:
8.5.3 SWOT Analysis
8.6 Azimut Benetti Group
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 Seawind Group Holdings, Pty Ltd.
8.7.1 Company Overview
8.7.2 SWOT Analysis
8.8 Fountaine Pajot
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 Privilege Catamarans America (Privilege Marine SAS)