Global Power Boats Market Growth 2023-2029

Global Power Boats Market Growth 2023-2029

A motorboat, speedboat or powerboat is a boat that is exclusively powered by an engine.

Some motorboats are fitted with inboard engines, others have an outboard motor installed on the rear, containing the internal combustion engine, the gearbox and the propeller in one portable unit. An inboard-outboard contains a hybrid of an inboard and an outboard, where the internal combustion engine is installed inside the boat, and the gearbox and propeller are outside.

LPI (LP Information)' newest research report, the “Power Boats Industry Forecast” looks at past sales and reviews total world Power Boats sales in 2022, providing a comprehensive analysis by region and market sector of projected Power Boats sales for 2023 through 2029. With Power Boats sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power Boats industry.

This Insight Report provides a comprehensive analysis of the global Power Boats landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Power Boats portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Power Boats market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power Boats and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Power Boats.

The global Power Boats market size is projected to grow from US$ 45520 million in 2022 to US$ 59670 million in 2029; it is expected to grow at a CAGR of 59670 from 2023 to 2029.

In the global market, The market include United States, Europe and APAC (Ex Japan), with a share of 50%, 25% and 13%. outboard motorboat accounted for 88% and sterndrive motorboat accounted for 7%. The product is mainly used in civil entertainment and commercial application fields, with a share of 65% and 29%.

This report presents a comprehensive overview, market shares, and growth opportunities of Power Boats market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Smal-Sized Power Boats
Medium-Sized Power Boats
Large-Sized Power Boats

Segmentation by application
Private Use
Commercial Use
Military Use

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Velocity Powerboats
Nor-Tech
BAVARIA Yachts
Nimbus Powerboats
Fountain Powerboats
Cougar Powerboats
Delta Powerboats
Wright Maritime Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Power Boats market?

What factors are driving Power Boats market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Power Boats market opportunities vary by end market size?

How does Power Boats break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.