Leisure Boat Market, By Boat Type (Outboard Boats, Inboard Boats, Sterndrive Boats, Sail Boats, Personal Watercrafts, and Others), By Technology (Engine & Engine Controls, IoT Technologies and Electronics, Equipment’s, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) – Trends, Analysis, Forecast Till 2030

Report Code: PMI99919 | Publish Date: April 2024 | No. of Pages: 168

Global Leisure Boat Market By Overview

Leisure boat is used for personal, family, and sometimes sportsmanlike recreation. Such watercrafts are divided into two main categories: motorboats and sailboats. There are also rowboats and canoes. These boats can have luxurious cabins and accommodation amenities. They are used mainly on holidays, for example on a river, lake, canal, waterway, in an archipelago or coastal area. Leisure Boats are normally kept at a marina. This boat is known as a recreational boat that is used for tourism, water-sporting, and pleasure. This boat is amended with luxurious infrastructures such as accommodation facilities, cabins, and other amenities. Pontoon Boat are used for recreational activities like cruising and fishing etc. The leisure boat market accounted for US$ 40.97 billion in 2020 and is estimated to be US$ 67.06 billion by 2030 and is anticipated to register a CAGR of 5.1%.

Global Leisure Boat Market By Dynamics

Technological integration in leisure boats is the major factor driving growth of the leisure boat market. Leisure boats are equipped with characteristics such as digital dashboards, joystick controls, and digital throttles. The adoption of advanced technologies makes boat operations easy, thus boosting growth of the leisure boat market. Rise in disposable income of consumers is increasing spending on tourism, which in turn is propelling growth of the global market. In addition, rising demand for luxury, coupled with increasing trend of vacation homes and accommodations on the bank of a waterbody is propelling demand for the global market.

However, affording a leisure boat is economically not feasible for low-and mid-income families. Due to its expensive nature, the market for leisure boats is very niche in emerging economies as well. Therefore, the high total cost of ownership of leisure boats will be a key price challenge that might restrain growth of the leisure boat market over the forecast period.

Global Leisure Boat Market By Segmentation

Leisure boat market is segmented based on boat type, technology, and region.

On the basis of boat type, the global market is segmented into outboard boats, inboard boats, sterndrive boats, sail boats, personal watercrafts, and others. Based on technology, the target market is bifurcated into engine & engine controls, IoT technologies and electronics, equipment’s, and others.

Regional Insights:

The leisure boat market accounted for US$ 40.97 billion in 2020 and is estimated to be US$ 67.06 billion by 2030 and is anticipated to register a CAGR of 5.1%. On region the leisure boat market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominates the global market, owing to high disposable income and high demand for water recreational activities in U.S. and Canada. European global market is expected to show growth over the forecast period in terms of revenue. Surging demand for recreational boats, coupled with rising recreational boating events and trade shows hosted by manufacturers is supplementing growth of the global market in Europe. Asia Pacific is anticipated to witness a significant growth rate over the forecast period owing to major steps taken by governments for development of tourism activities.

Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Billion & CAGR from 2020 – 2030

Market Segmentation

By Boat Type- Outboard Boats, Inboard Boats, Sterndrive Boats, Sail Boats, Personal Watercrafts, and Others  

By Technology– Engine & Engine Controls, IoT Technologies and Electronics, Equipment’s, and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

 

Leisure Boat Market-Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the leisure boat market report based on boat type, technology, and region.

Leisure Boat Market, By Region:

  • North America
    • Middle East & Africa
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Global Leisure Boat Market By Key Players

The key players operating in the leisure boat market includes Avon Maritime Corp., Azimut Benetti S.p.A, Baja Marine, Inc., Bavaria Yachtbau GmbH, Bombardier Recreational Products (BRP) ,Inc., Brunswick Corporation,  Farr Yacht Design, Ltd., Beneteau S.A., Yamaha Motor Company Limited, and Johnson Outdoors Watercraft, Inc.

Global Leisure Boat Market By Company Profile

  • Avon Maritime Corp
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Azimut Benetti S.p.A
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Baja Marine, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Bavaria Yachtbau GmbH
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Bombardier Recreational Products (BRP) ,Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Brunswick Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Johnson Outdoors Watercraft, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Farr Yacht Design, Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Beneteau S.A.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Yamaha Motor Company Limited
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

Global Leisure Boat Market By Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Boat Type
      • Market Snippet, By Technology
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restrains
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Market Segmentation, By Boat Type, Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Outboard boats
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Inboard Boats
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Sterndrive Boats  
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Sail Boats  
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Personal Watercrafts
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Market Segmentation, By Technology , Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Engine & Engine Controls
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • loT Technologies
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Electronics
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Equipment’s
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Boat Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Technology , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Boat Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Technology , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Boat Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Technology , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Boat Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Technology , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Boat Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Technology , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  2. Company Profiles
  • Avon Maritime Corp
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. Azimut Benetti S.p.A
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  2. Baja Marine, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  3. Bavaria Yachtbau GmbH
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  4. Bombardier Recreational Products (BRP) ,Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  5. Brunswick Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  6. Johnson Outdoors Watercraft, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  7. Farr Yacht Design, Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  8. Beneteau S.A.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  9. Yamaha Motor Company Limited
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  10. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The leisure boat market is segmented based on boat type, technology, and region.

Rising disposable income of people is the major factor driving growth of the global market

North America dominates the leisure boat market.

The key players operating in the leisure boat market includes Avon Maritime Corp., Azimut Benetti S.p.A, Baja Marine, Inc., Bavaria Yachtbau GmbH, Bombardier Recreational Products (BRP) ,Inc., Brunswick Corporation, Farr Yacht Design, Ltd., Beneteau S.A., Yamaha Motor Company Limited, and Johnson Outdoors Watercraft, Inc.