Electric pontoon boats market is anticipated to grow at a considerable CAGR of 5.0% during the forecast period. The market is growing owing to various factors. For instance, there is increasing demand for eco-friendly and sustainable watercrafts, as electric boats produce zero emissions and have a low environmental impact, and there is rising interest in recreational boating and water sports activities, particularly among younger generations. Additionally, advancements in electric motor and battery technology are also making electric pontoon boats more efficient, reliable, and affordable. Hence, supporting the market’s growth.
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The global electric pontoon boats market is segmented by motor type and application. Based on motor type, the market is sub-segmented into inboard motor and outboard motor. Based on application, the market is sub-segmented into sports, fishing, and others such as cruising, water transportation, and water safety and rescue, among others. Among applications, the others segment is expected to hold the largest market share, followed by fishing, since cruising, family outings, and other water activities are becoming more common and widespread.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
lobal Electric Pontoon BoatsMarket Report Segment
By Motor Type
- Inboard Motor
- Outboard Motor
By Application
- Sports
- Fishing
- Others
Global Electric Pontoon Boats 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
- Latin America
- Middle East and Africa
The Report Covers-
- Market value data analysis for 2023 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global electric pontoon boats 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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