The global boat leisure market is anticipated to grow at a significant CAGR of 5.1% during the forecast period. Boat Leisure Market research report allows making important decision making essential for business growth. It helps key participants further in applying right business ideas to grow business and choose the right business doing strategy. Having complete understanding of what purchasers are looking for in the market and which factors can influence their purchasing decision greatly helps to make investment in the right product development and launch it accordingly. It is also crucial for major participants to understand the behavior of target customers to bring novel products into the market. This Boat Leisure Market report serves as a blueprint to get thorough study of market competition, target audience and entire market.
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The outbreak of COVID-19 had severly disrupted the manufacturing of boats and engines as the supply of raw materials got severely impacted by lockdowns. Various market players had halted their production facilities due to the shortage of raw materials, city shutdowns and suppl chain disruptions. The tourism sector also witnessed a major downfall as the people avoided unnecessary traveling. Post COVID-19 crisis the market is expected to grow slowly as the people are only spending their money on essentials due to reduced per capita income.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Boat Leisure Market Report Segment
By Boat Type
- Motorized/Power Boats
o Super Yachts
o Flybridge Yachts
o Sport Yachts
o Long Range Yachts
o Others
- Non-Motorized Boats
o Kayaks
o Canoes
o Others
By Monitoring Equipment
- Boat and Yacht Monitoring Solutions
- IoT Sensors
o Water Detection Sensors
o Voltage Meters
o Temperature & Motion Sensors
- Telematics Solutions
- Others
Global Boat Leisure Market Report Segment by Region
North America
- US
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global boat leisure market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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