Global Powered Catamarans Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Powered Catamarans Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A catamaran is a ship that is joined together in a reinforced frame at the top of two separate underwater hulls. There is a main engine and a propeller in each of the two hulls. The strong structure that connects the two hulls is called the connecting bridge, with more cabins. It has the advantages of good stability, safety and comfort, and flexible operation. It is often used as medium and small passenger ships and ferries, but the structure is complex, the swing period is short, and the intermediate structure is weak.

Market Overview:

The latest research study on the global Powered Catamarans market finds that the global Powered Catamarans market reached a value of USD 678.84 million in 2022. It’s expected that the market will achieve USD 902.98 million by 2028, exhibiting a CAGR of 4.87% during the forecast period.

Drivers

People in countries such as Japan and India have low disposable income and they often rely on chartering catamarans, for tourist destinations such as Thailand and Malaysia, where chartering options are available.
Limitations
Its structural weight is heavier than the single ship with opposite displacement. In one hand, the monomer is divided into two pieces, the structure self is increased, and on the other hand, the connecting bridge connecting the two pieces is wider. To withstand bending and torsional moments, large components must be available to ensure strength and stiffness. In order to ensure the high speed of the catamaran, the weight of the hull is obviously unfavorable. For this reason, the catamaran mostly uses light-weight and high-strength light metal materials (such as aluminum alloy) or high-strength non-metal materials (such as reinforced glass steel and carbon). Construction of pro-fiber composites, etc.), which also increases construction costs.
Since the catamaran still belongs to the displacement type, its speed is much lower than that of the special high-performance ships of the hydrofoil and hovercraft. Due to the area of contact with water is much larger than that of the latter, catamaran 's resistance increases rapidly at high speeds.
Due to the large lateral stability of the catamaran, the yaw angle is not large in the wave, but the roll acceleration is large and causing discomfort to the person. And its roll has a short natural period, which is close to the natural period of the pitch, and it is easy to produce a harmonic in a shortwave, especially the vertical and horizontal combination of harmonics and up and down bumps, so that the seasickness rate rises. So, the powered catamarans are not suitable for long distances, especially long-distance passenger transport in the distant sea.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview:

World Cat is one of the major players operating in the Powered Catamarans market, holding a share of 12.92% in 2018.

Over 80,000 customers across the globe can be found enjoying their catamarans. Because World Cat delivers a smoother, more stable, more enjoyable experience from entertaining at the dock to navigating the deepest waters.

The origin of World Cat can be traced back over a quarter of a century to the beginning of our Glacier Bay Edition boats in America's Pacific Northwest. Today, World Cat is the largest maker of power catamarans in the world. Located in Tarboro, North Carolina, their boats are precision crafted in a state-of-the-art 140,000 square foot facility.

While we build an array of boats in different sizes and configurations, each is a reflection of their mission to deliver the smoothest ride on the water-making boating more enjoyable and giving boaters the comfort and confidence to cruise, fish, dive, and explore the water world around them.
From the South Pacific to Siberia, World Cats have safely carried thousands of boaters over tens of thousands of miles.

Robertson & Caine (Pty) Ltd manufactures boats and sailing yachts for the international charter market and private buyers. It offers mono and multi-hull boats, racing boats, cruisers, and sailing catamarans. The company sells its products through a network of dealers and agents.

Segmentation Overview:

Among different product types, Less Than 79 Ft segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Entertaining segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Powered Catamarans market covered in Chapter 3:

Fountaine Pajot Catamarans
Pedigree Cats, Inc.
Sunreef Yachts
LeisureCat & AussieCat
World Cat
Catana Group SA
Twin Vee Catamarans, Inc.
Groupe Beneteau
Robertson & Caine (Pty) Ltd.

In Chapter 4 and Chapter 14.2, on the basis of types, the Powered Catamarans market from 2018 to 2029 is primarily split into:

Less Than 79 Ft
More Than 79 Ft

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Powered Catamarans market from 2018 to 2029 covers:

Cruising
Entertainment
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)