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Recreational Boating Market Report 2026| American Sail Inc., Bavaria Yachtbau, Brunswick Corporation, Correct Craft, Grady-White Boats, Inc., Groupe Beneteau, Malibu Boats, Marine Products Corporation, MasterCraft Boat Company, LLC, Maverick Boat Group, I

06-09-2020 04:44 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: DecResearch.com

Recreational Boating Market

Recreational Boating Market

To sustain in the competitive scenario, manufacturers in the recreational boating market are focusing on technological advancements, innovation strategies as well as maintaining public relations. They are indulged in developing new products to enhance customer experience.

Introduction of boats equipped with electric & hybrid-powered propulsion systems, joystick control and bow thruster for better maneuverability has advanced the recreational boating landscape. For instance, Grady-White Boats, in 2020, announced plans to launch outboard boats equipped with joystick and gas-powered engines for enhanced consumer experience.

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Rapid urbanization along with rise in disposable incomes across APAC and North American countries is resulting in increased spending on recreational activities. Expanding tourism sector across tropical countries will boost recreational boating demand over the coming years. Estimates thereby suggest that the global recreational boating market may exceed USD 63 billion by 2026.

Rising disposable incomes along with increasing expenditure on leisure activities are likely to drive global recreational boating market outlook. Over the past few years, a renewed interest has been observed among masses regarding skin diving, fishing, water skiing, canoeing, surging, kayaking, boat rowing, etc.

Inflatable boats are gaining high significance in rescue operations and short distance travels. Rise in number of calamities, refinery accidents and vessel catastrophes may fuel the need for inflatable boats. Moreover, increasing emphasis on implementing preventive measures against drowning, especially across the tourism sector, may drive inflatable boats demand.

Players in the recreational boats business are increasingly working on developing drowning preventive boats that would be help at the time of water sports casualties or mishaps. They are progressively introducing inflatable boats equipped with highly resistant fabric, fast inflation kit for military & rescue operations and intercommunication valve system. For instance, in 2017, ZODIAC MILPRO developed inflatable boats that were designed specifically for underwater and airdrop military operations.

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Some Point from Table of Contents:

Chapter 4. Recreational Boating Market, By Product (Revenue & Shipment)
4.1. Key trends by product
4.2. Inboard boat
4.2.1. Market estimates and forecast, 2016 – 2026
4.2.2. Market estimates and forecast, by horsepower,2016 – 2026
4.2.3. Below 200 hp
4.2.3.1. Market estimates and forecast, 2016 – 2026
4.2.4. 201 to 500 hp
4.2.4.1. Market estimates and forecast, 2016 – 2026
4.2.5. 501 to 1000 hp
4.2.5.1. Market estimates and forecast, 2016 – 2026
4.2.6. Above 1000 hp
4.2.6.1. Market estimates and forecast, 2016 – 2026
4.3. Outboard boat
4.3.1. Market estimates and forecast, 2016 – 2026
4.3.2. Market estimates and forecast, by type,2016 – 2026
4.3.3. Center console
4.3.3.1. Market estimates and forecast, 2016 – 2026
4.3.4. Express cruiser
4.3.4.1. Market estimates and forecast, 2016 – 2026
4.3.5. Pontoon
4.3.5.1. Market estimates and forecast, 2016 – 2026
4.3.6. Runabout bowrider
4.3.6.1. Market estimates and forecast, 2016 – 2026
4.3.7. Others
4.3.7.1. Market estimates and forecast, 2016 – 2026
4.3.8. Market estimates and forecast, by horsepower,2016 – 2026
4.3.9. Below 200 hp
4.3.9.1. Market estimates and forecast, 2016 – 2026
4.3.10. 201 hp to 500 hp
4.3.10.1. Market estimates and forecast, 2016 – 2026
4.3.11. 501 hp to 1000 hp
4.3.11.1. Market estimates and forecast, 2016 – 2026
4.3.12. Above 1000 hp
4.3.12.1. Market estimates and forecast, 2016 – 2026
4.4. Inflatables
4.4.1. Market estimates and forecast, 2016 – 2026
4.4.2. Market estimates and forecast, by horsepower,2016 – 2026
4.4.3. Below 200 hp
4.4.3.1. Market estimates and forecast, 2016 – 2026
4.4.4. 201 hp to 500 hp
4.4.4.1. Market estimates and forecast, 2016 – 2026
Chapter 5. Recreational Boating Market, By Engine
5.1. Key trends by engine
5.2. Diesel
5.2.1. Market estimates and forecasts, 2016 – 2026
5.3. Gas
5.3.1. Market estimates and forecasts, 2016 – 2026

Browse complete Table of Contents (ToC) of this research report @
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