Outboard Boat Market Overview
The report serves as a comprehensive guide for investors, stakeholders, and market followers of the Outboard Boat Market. It offers an in-depth analysis of the market size, segmentation, drivers, and restraints. Factors that are expected to impact the industry positively or negatively are also included, providing decision-makers with a clear understanding of the Outboard Boat industry’s future outlook.
Outboard Boat Market was valued at US$ 5.51 Bn. in 2022. Global Outboard Boat Market size is expected to grow at a CAGR of 6 % through the forecast period.
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Outboard Boat Market Report Scope and Research Methodology
The research for this report employs a combination of primary and secondary research methods to provide a detailed and accurate analysis of the Outboard Boat Market. The bottom-up approach is utilized to estimate the market size, while secondary research is used to identify key players in the market. Primary research involves conducting interviews with significant opinion leaders and industry experts, including business owners and marketing specialists. Secondary research involves a thorough review of the annual and financial reports of top manufacturers to calculate their market revenues.
Outboard Boat Market Segmentation
Global Outboard Boat Market Size, by Type (2022-2029)
• Recreational boats
• Rigid Inflatable boats
• Utility boats
The outboard boat market is divided into three categories based on type: leisure boats, rigid inflatable boats, and small utility boats. Rigid inflatable boats are made of rigid bottom join to side forming air tubes that are inflated in the air to a high pressure in order to offer the sides solid stiffness along the board’s top sides. They are lightweight, high performance, and high capacity unsinkable ports. Since it is less expensive than other types of boats and is frequently employed in large cruise ships, this type of boat has a significant market share.
Global Outboard Boat Market Size, by Application (2022-2029)
• Tourism
• Water sports
• Commercial boats
• Leisure activity
The market can be divided into tourism, water sports, leisure activities, and commercial activities based on application. When compared to other uses, buying boats for business is the most common. Fishing, water taxis, and any other activity where boats are utilised for a profit are examples of commercial boating. The market for water taxis is expected to reach 415 billion USD by 2030, while the fishing sector is expected to grow by 3 trillion USD. As a result, the market for outboard boats will grow as commercial boat usage rises.
Global Outboard Boat Market Size, by End User (2022-2029)
• Fishing
• Water Taxi
• Transportation
• Hospitality Business
The market can be divided into segments for fishing, water taxis, transportation, and hotel businesses. Over the forecast period of 2023 to 2029, the fishing and water taxi markets are expected to grow at a CAGR of 4%, and the outboard boat market will benefit from this steady growth. In some regions of the world, the water taxi service industry is new, and there is opportunity to increase market share.
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Outboard Boat Market Regional Insights
The research includes a global-level regional analysis, providing a comprehensive understanding of the dominant market share and penetration in different regions. It also highlights emerging regions expected to become major markets for Outboard Boat . The report encompasses a competitive analysis, focusing on growth models, new strategies, and technologies adopted by key players in the market.
Outboard Boat Market Key Players
1. Bombardier Products Inc 2. Brunswick Corporation 3. Campion marine Inc. 4. Cantieri Capilli S.R.L 5. Groupe Beneteau 6. Mahindra & Mahindra 7. Polaris Inc 8. Poseidon Boats 9. Ribcraft Ltd 10. Scout Boats 11. Seaark LLC. 12. Stingray Boats 13. White River Marine Group 14. Zodiac Milpro Inc 15. Ferretti Group 16. Tracker Boats 17. Bravia Yachtbau 18. Hoble Boats 19. Ranger Boats
Key questions answered in Outboard Boat Market are:
- What was the Outboard Boat market size in 2022?
- What is the expected Outboard Boat market size by 2029?
- What is the growth rate of the Outboard Boat Market?
- Which are the factors expected to drive the Outboard Boat market growth?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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