Market Overview

2018 Leisure Boat Market Analysis Report -


The "Leisure
Boat Market Analysis Report By New Leisure Boat (Motorized,
Non-Motorized), By Used Leisure Boat, By Equipment (Monitoring
Equipment, IoT Sensors, Telematics Solutions), And Segment Forecasts,
2018 - 2025"
report has been added to's

The global leisure boat market size is anticipated to reach USD 51.37
billion by 2025, registering a CAGR of 4.3% during the forecast period.

The tourism industry has been changing drastically in recent times with
increasing popularity of marine and coastal tourism activities. The
world economy is experiencing a healthy growth and markets such as U.S.
are rapidly recovering from the 2008 economic crisis, which, in turn,
has resulted in a rise in consumer disposable income. There is also an
increase in number of High Net Worth Individuals (HNWIs) across the
globe, which has resulted in a surge in expenditure on leisure
activities, thus leading to a boost in demand for recreational boats.

Increasing number of boat shows and water sporting events are attracting
a large number of boaters. Top manufacturers are sponsoring boat shows
and events, which, in turn, is enhancing the popularity of leisure
boats. A large number of people are participating in luxury boating
activities, especially in European and North American countries, which
is expected to further boost the market in these regions.

Key Market Trends

  • Rising popularity of connected boats
  • Increase in the spending on recreation and leisure activities
  • Growing population of High Net Worth Individuals (HNWIs)

Companies Mentioned

  • Avon Marine
  • Azimut Benetti S.p.A.
  • Baja Marine
  • Bavaria Yachtbau GmbH
  • Bombardier Recreational Products (BRP) Inc.
  • Brunswick Corporation
  • Carlisle Paddles Inc.
  • Chaparral Boats, Inc.
  • Farr Yacht Design, Ltd.
  • Ferretti S.P.A.
  • Fountain Powerboat
  • Groupe Beneteau
  • HCB Center Console Yachts
  • Malibu Boats, Inc.
  • Marine Products Corporation
  • Neil Marine (Private) Ltd.
  • Sunseeker International Limited
  • Bay Way Electronics
  • Monnit Corp.
  • Mercury Marine
  • SilverTip Telematics
  • Siren Marine, LLC
  • Sigfox
  • Sentinel

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