Deck Boat Market Size - By Number of Decks (One, Two), Engine Horsepower (<100 HP, 100 HP to 200 HP, 200 HP to 300 HP, 300 HP to 400 HP, >400 HP), Size (Small, Medium, Large), Application (Wakeboard, Fishing, Wake Surf) & Global Forecast, 2023 – 2032

Deck Boat Market Size - By Number of Decks (One, Two), Engine Horsepower (<100 HP, 100 HP to 200 HP, 200 HP to 300 HP, 300 HP to 400 HP, >400 HP), Size (Small, Medium, Large), Application (Wakeboard, Fishing, Wake Surf) & Global Forecast, 2023 – 2032

Deck boat market size is expected to witness more than 35% CAGR from 2023 to 2032 as consumer preferences are shifting towards recreational boating experiences that focus on socializing, fishing, and water sports. This has resulted in a growing demand for deck boats, which are well-suited to these activities due to their open layout and impressive carrying capacity.

Additionally, advancements in boat design and technology, including more fuel-efficient engines and improved hull designs, have made deck boats more attractive to environmentally-conscious consumers. In May 2023, at the Cannes Film Festival, BMW launched a new ICON electric boat designed to take green marine mobility to the next level. Furthermore, the market is experiencing a boost from the expanding tourism sector, as deck boats become increasingly popular for rental and charter services.

The overall deck boat market is classified based on number of decks, size, drive type, application, engine horsepower and region.

The electric drive type segment is anticipated to witness substantial growth through 2032 as the world is embracing sustainable practices. Electric-powered deck boats are a clean and efficient alternative to traditional gasoline engines. They not only reduce emissions but also offer quieter and smoother rides, enhancing the overall boating experience. With the advancement of battery technology, electric deck boats are providing longer ranges and faster charging times. As environmentally conscious consumers seek eco-friendly options, the electric drive is gaining traction.

The fishing segment is predicted to generate high revenues by 2032 as deck boats are increasingly becoming a preferred choice for fishing enthusiasts. Their spacious decks provide ample room for fishing gear and multiple angling positions. Fishing as an activity is booming, as more anglers recognize the advantages of deck boats for their favorite pastime. Manufacturers are catering to this demand by offering specialized fishing models equipped with features such as live wells, rod holders, and fish finders.

Europe deck boats market size will dis significant growth through 2032 as the region’s picturesque waterways, lakes, and coastlines are perfect for deck boat activities. With the wider emphasis on environmental sustainability, countries like Norway, Sweden, and the Netherlands are leading the charge with incentives for electric boating. The diverse and rich cultural landscape in Europe also contributes to the demand for deck boats as they cater to various leisure activities, including sunbathing, water sports, and fishing. The European market is set to witness substantial expansion as more consumers recognize the allure of deck boats for their leisure pursuits.