Dublin, Sept. 18, 2020 (GLOBE NEWSWIRE) -- The "Leisure Boats - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Leisure Boats estimated at US$38.4 Billion in the year 2020, is projected to reach a revised size of US$46.7 Billion by 2027, growing at a CAGR of 2.9% over the period 2020-2027. Motorized/Power Boats, one of the segments analyzed in the report, is projected to record 3.1% CAGR and reach US$28.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Motorized Boats segment is readjusted to a revised 2.5% CAGR for the next 7-year period.
The Leisure Boats market in the U.S. is estimated at US$10.4 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$9.5 Billion by the year 2027 trailing a CAGR of 5.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.7% and 2.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.3% CAGR.
This report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- Avon Marine
- Azimut - Benetti Group
- Baja Marine
- Bavaria Yachtbau GmbH
- Bay Way Electronics
- Bombardier Recreational Products, Inc.
- Brunswick Corporation
- Chaparral Boats, Inc.
- EnVue Telematics, LLC.
- Farr Yacht Design
- Ferretti SpA
- Fountain Powerboats
- Groupe Beneteau
- HCB Center Console Yachts
- Malibu Boats Inc.
- Mercury Marine
- Monnit Corporation
- Neil Marine (Private) Ltd.
- Sentinel d.o.o
- Sigfox SA
- SilverTip Telematics
- Siren Marine, LLC
- Sunseeker International Ltd.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Leisure Boat Competitor Market Share Scenario Worldwide (in %): 2019 & 2028
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/mrcayw
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