Recreational Boat Market Size and Share Analysis by Boat Type, Engine Placement, Engine Type, Material Type, Activity Type - Global Industry Revenue Estimation and Demand Forecast to 2030

Description

Market Overview

In 2023, the worldwide recreational boat industry was valued at USD 19,271.1 million, and it is estimated to witness a CAGR of 6.3% over the projection period, to attain USD 29,098.2 million by 2030. This is mainly due to a combination of presenting economies such as China and Brazil with many tourist industries and the world, recreational activities.

Concurrently, the growing fuelling of innovative technologies and the booming use of connected boats are anticipated to drive the market to flourish in the forecasted time. Furthermore, this demand is linked to the increased usage of different types of small and medium-sized craft for leisure and coastal tourism and such activities as yachting, boating, and only, so that big demand for boat stuff rises.

The obsession of more people in water-based recreational activities is what is propelling the rise in tourism in water bodies. Notably, the growing understanding that society can benefit from putting technology into recreational boating is thereby a major factor that will push the market to more rapid growth in the future.

Customer segments comprise the analyst team, who are the engine manufacturers and the boat manufacturers; independent dealers; the equipment manufacturers, and the service providers. In the meantime, the producers are keen to incorporate mainstream technologies like artificial intelligence, the internet of Things (IoT), and smart sensors on their products, which, consequently, wastes many resources in their mining.

Key Insights

In 2023, the yacht category had the largest income share of 70%, and the category is also estimated to uphold its supremacy in the future.

Growing acceptance of recreational cruising and boating is propelling the need for yachts, boosted by increasing per-capita incomes worldwide.

Luxurious yachts are in high demand as individuals seek luxury experiences on the water, contributing to the segment's high revenue share.

The Sailboats category is projected to witness substantial development, mainly utilized for travel and fishing activities.

The outboard motors category leads the industry because of their extensive use in driving small watercraft.

Outboard motors provide better steering control by hinging over their mountings and regulating the direction.

They have benefits like lesser initial investment, advanced versatility, spaciousness, high effectiveness, easy access, and modern technology.

Inboard motors also held a significant share in 2023, known for their excellent fuel efficiency, quiet operation, low vulnerability, and minimal exhaust gas emissions.

Rising customer participation in marine recreational activities such as power boating, yachting, and sailing is creating substantial development opportunities for industry players.

Adventure tourism expansion is supporting water-based recreational activities globally.

Small boats that peripheral the U. S. traditional tourism sites are in high demand for propulsion devices and engines. At least 90,000 beaches (estimate) in the U.S.

Combustion engines internal (ICE) have been a good hit, at least 90% of the 2023 share because are diesel motors spreading in small boats and recreational craft.

Steel scored mainly in the material category because of his strength, endurance, and cost competitiveness in boat construction.

Aluminum takes a major share because of its lightweight and corrosion resistance, which are properties that increase mileage and lifespan.

It is forecasted that fiberglass will show the highest dynamics thanks to the fact that it is an excellent material for waves and is also not sensitive to chemicals.

In 2023, the North American region leads the industry with a 45% revenue share, propelled by main players, beautiful tourist destinations, increasing per-capita income, and the need for leisure water sports.

Europe also had a substantial share because of surging tourism, government investments in tourist places, and the growing need for water sports and recreational activities.

Product Code: 12872

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by boat type
- 1.4.2. Market size breakdown, by engine placement
- 1.4.3. Market size breakdown, by engine type
- 1.4.4. Market size breakdown, by material type
- 1.4.5. Market size breakdown, by activity type
- 1.4.6. Market size breakdown, by region
- 1.4.7. Market size breakdown, by country
1.5. Market Data Reporting Unit
- 1.5.1. Volume
- 1.5.2. Value
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Industry Outlook

5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
5.2. Impact of COVID-19
5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes

Chapter 6. Global Market

6.1. Overview
6.2. Market Volume, by Boat Type (2017-2030)
6.3. Market Revenue, by Boat Type (2017-2030)
6.4. Market Volume, by Engine Placement (2017-2030)
6.5. Market Revenue, by Engine Placement (2017-2030)
6.6. Market Volume, by Engine Type (2017-2030)
6.7. Market Revenue, by Engine Type (2017-2030)
6.8. Market Volume, by Material Type (2017-2030)
6.9. Market Revenue, by Material Type (2017-2030)
6.10. Market Volume, by Activity Type (2017-2030)
6.11. Market Revenue, by Activity Type (2017-2030)
6.12. Market Volume, by Region (2017-2030)
6.13. Market Revenue, by Region (2017-2030)

Chapter 7. North America Market

7.1. Overview
7.2. Market Volume, by Boat Type (2017-2030)
7.3. Market Revenue, by Boat Type (2017-2030)
7.4. Market Volume, by Engine Placement (2017-2030)
7.5. Market Revenue, by Engine Placement (2017-2030)
7.6. Market Volume, by Engine Type (2017-2030)
7.7. Market Revenue, by Engine Type (2017-2030)
7.8. Market Volume, by Material Type (2017-2030)
7.9. Market Revenue, by Material Type (2017-2030)
7.10. Market Volume, by Activity Type (2017-2030)
7.11. Market Revenue, by Activity Type (2017-2030)
7.12. Market Volume, by Country (2017-2030)
7.13. Market Revenue, by Country (2017-2030)

Chapter 8. Europe Market

8.1. Overview
8.2. Market Volume, by Boat Type (2017-2030)
8.3. Market Revenue, by Boat Type (2017-2030)
8.4. Market Volume, by Engine Placement (2017-2030)
8.5. Market Revenue, by Engine Placement (2017-2030)
8.6. Market Volume, by Engine Type (2017-2030)
8.7. Market Revenue, by Engine Type (2017-2030)
8.8. Market Volume, by Material Type (2017-2030)
8.9. Market Revenue, by Material Type (2017-2030)
8.10. Market Volume, by Activity Type (2017-2030)
8.11. Market Revenue, by Activity Type (2017-2030)
8.12. Market Volume, by Country (2017-2030)
8.13. Market Revenue, by Country (2017-2030)

Chapter 9. APAC Market

9.1. Overview
9.2. Market Volume, by Boat Type (2017-2030)
9.3. Market Revenue, by Boat Type (2017-2030)
9.4. Market Volume, by Engine Placement (2017-2030)
9.5. Market Revenue, by Engine Placement (2017-2030)
9.6. Market Volume, by Engine Type (2017-2030)
9.7. Market Revenue, by Engine Type (2017-2030)
9.8. Market Volume, by Material Type (2017-2030)
9.9. Market Revenue, by Material Type (2017-2030)
9.10. Market Volume, by Activity Type (2017-2030)
9.11. Market Revenue, by Activity Type (2017-2030)
9.12. Market Volume, by Country (2017-2030)
9.13. Market Revenue, by Country (2017-2030)

Chapter 10. LATAM Market

10.1. Overview
10.2. Market Volume, by Boat Type (2017-2030)
10.3. Market Revenue, by Boat Type (2017-2030)
10.4. Market Volume, by Engine Placement (2017-2030)
10.5. Market Revenue, by Engine Placement (2017-2030)
10.6. Market Volume, by Engine Type (2017-2030)
10.7. Market Revenue, by Engine Type (2017-2030)
10.8. Market Volume, by Material Type (2017-2030)
10.9. Market Revenue, by Material Type (2017-2030)
10.10. Market Volume, by Activity Type (2017-2030)
10.11. Market Revenue, by Activity Type (2017-2030)
10.12. Market Volume, by Country (2017-2030)
10.13. Market Revenue, by Country (2017-2030)

Chapter 11. MEA Market

11.1. Overview
11.2. Market Volume, by Boat Type (2017-2030)
11.3. Market Revenue, by Boat Type (2017-2030)
11.4. Market Volume, by Engine Placement (2017-2030)
11.5. Market Revenue, by Engine Placement (2017-2030)
11.6. Market Volume, by Engine Type (2017-2030)
11.7. Market Revenue, by Engine Type (2017-2030)
11.8. Market Volume, by Material Type (2017-2030)
11.9. Market Revenue, by Material Type (2017-2030)
11.10. Market Volume, by Activity Type (2017-2030)
11.11. Market Revenue, by Activity Type (2017-2030)
11.12. Market Volume, by Country (2017-2030)
11.13. Market Revenue, by Country (2017-2030)

Chapter 12. U.S. Market

12.1. Overview
12.2. Market Volume, by Boat Type (2017-2030)
12.3. Market Revenue, by Boat Type (2017-2030)
12.4. Market Volume, by Engine Placement (2017-2030)
12.5. Market Revenue, by Engine Placement (2017-2030)
12.6. Market Volume, by Engine Type (2017-2030)
12.7. Market Revenue, by Engine Type (2017-2030)
12.8. Market Volume, by Material Type (2017-2030)
12.9. Market Revenue, by Material Type (2017-2030)
12.10. Market Volume, by Activity Type (2017-2030)
12.11. Market Revenue, by Activity Type (2017-2030)

Chapter 13. Canada Market

13.1. Overview
13.2. Market Volume, by Boat Type (2017-2030)
13.3. Market Revenue, by Boat Type (2017-2030)
13.4. Market Volume, by Engine Placement (2017-2030)
13.5. Market Revenue, by Engine Placement (2017-2030)
13.6. Market Volume, by Engine Type (2017-2030)
13.7. Market Revenue, by Engine Type (2017-2030)
13.8. Market Volume, by Material Type (2017-2030)
13.9. Market Revenue, by Material Type (2017-2030)
13.10. Market Volume, by Activity Type (2017-2030)
13.11. Market Revenue, by Activity Type (2017-2030)

Chapter 14. Germany Market

14.1. Overview
14.2. Market Volume, by Boat Type (2017-2030)
14.3. Market Revenue, by Boat Type (2017-2030)
14.4. Market Volume, by Engine Placement (2017-2030)
14.5. Market Revenue, by Engine Placement (2017-2030)
14.6. Market Volume, by Engine Type (2017-2030)
14.7. Market Revenue, by Engine Type (2017-2030)
14.8. Market Volume, by Material Type (2017-2030)
14.9. Market Revenue, by Material Type (2017-2030)
14.10. Market Volume, by Activity Type (2017-2030)
14.11. Market Revenue, by Activity Type (2017-2030)

Chapter 15. France Market

15.1. Overview
15.2. Market Volume, by Boat Type (2017-2030)
15.3. Market Revenue, by Boat Type (2017-2030)
15.4. Market Volume, by Engine Placement (2017-2030)
15.5. Market Revenue, by Engine Placement (2017-2030)
15.6. Market Volume, by Engine Type (2017-2030)
15.7. Market Revenue, by Engine Type (2017-2030)
15.8. Market Volume, by Material Type (2017-2030)
15.9. Market Revenue, by Material Type (2017-2030)
15.10. Market Volume, by Activity Type (2017-2030)
15.11. Market Revenue, by Activity Type (2017-2030)

Chapter 16. U.K. Market

16.1. Overview
16.2. Market Volume, by Boat Type (2017-2030)
16.3. Market Revenue, by Boat Type (2017-2030)
16.4. Market Volume, by Engine Placement (2017-2030)
16.5. Market Revenue, by Engine Placement (2017-2030)
16.6. Market Volume, by Engine Type (2017-2030)
16.7. Market Revenue, by Engine Type (2017-2030)
16.8. Market Volume, by Material Type (2017-2030)
16.9. Market Revenue, by Material Type (2017-2030)
16.10. Market Volume, by Activity Type (2017-2030)
16.11. Market Revenue, by Activity Type (2017-2030)

Chapter 17. Italy Market

17.1. Overview
17.2. Market Volume, by Boat Type (2017-2030)
17.3. Market Revenue, by Boat Type (2017-2030)
17.4. Market Volume, by Engine Placement (2017-2030)
17.5. Market Revenue, by Engine Placement (2017-2030)
17.6. Market Volume, by Engine Type (2017-2030)
17.7. Market Revenue, by Engine Type (2017-2030)
17.8. Market Volume, by Material Type (2017-2030)
17.9. Market Revenue, by Material Type (2017-2030)
17.10. Market Volume, by Activity Type (2017-2030)
17.11. Market Revenue, by Activity Type (2017-2030)

Chapter 18. Spain Market

18.1. Overview
18.2. Market Volume, by Boat Type (2017-2030)
18.3. Market Revenue, by Boat Type (2017-2030)
18.4. Market Volume, by Engine Placement (2017-2030)
18.5. Market Revenue, by Engine Placement (2017-2030)
18.6. Market Volume, by Engine Type (2017-2030)
18.7. Market Revenue, by Engine Type (2017-2030)
18.8. Market Volume, by Material Type (2017-2030)
18.9. Market Revenue, by Material Type (2017-2030)
18.10. Market Volume, by Activity Type (2017-2030)
18.11. Market Revenue, by Activity Type (2017-2030)

Chapter 19. Japan Market

19.1. Overview
19.2. Market Volume, by Boat Type (2017-2030)
19.3. Market Revenue, by Boat Type (2017-2030)
19.4. Market Volume, by Engine Placement (2017-2030)
19.5. Market Revenue, by Engine Placement (2017-2030)
19.6. Market Volume, by Engine Type (2017-2030)
19.7. Market Revenue, by Engine Type (2017-2030)
19.8. Market Volume, by Material Type (2017-2030)
19.9. Market Revenue, by Material Type (2017-2030)
19.10. Market Volume, by Activity Type (2017-2030)
19.11. Market Revenue, by Activity Type (2017-2030)

Chapter 20. China Market

20.1. Overview
20.2. Market Volume, by Boat Type (2017-2030)
20.3. Market Revenue, by Boat Type (2017-2030)
20.4. Market Volume, by Engine Placement (2017-2030)
20.5. Market Revenue, by Engine Placement (2017-2030)
20.6. Market Volume, by Engine Type (2017-2030)
20.7. Market Revenue, by Engine Type (2017-2030)
20.8. Market Volume, by Material Type (2017-2030)
20.9. Market Revenue, by Material Type (2017-2030)
20.10. Market Volume, by Activity Type (2017-2030)
20.11. Market Revenue, by Activity Type (2017-2030)

Chapter 21. India Market

21.1. Overview
21.2. Market Volume, by Boat Type (2017-2030)
21.3. Market Revenue, by Boat Type (2017-2030)
21.4. Market Volume, by Engine Placement (2017-2030)
21.5. Market Revenue, by Engine Placement (2017-2030)
21.6. Market Volume, by Engine Type (2017-2030)
21.7. Market Revenue, by Engine Type (2017-2030)
21.8. Market Volume, by Material Type (2017-2030)
21.9. Market Revenue, by Material Type (2017-2030)
21.10. Market Volume, by Activity Type (2017-2030)
21.11. Market Revenue, by Activity Type (2017-2030)

Chapter 22. Australia Market

22.1. Overview
22.2. Market Volume, by Boat Type (2017-2030)
22.3. Market Revenue, by Boat Type (2017-2030)
22.4. Market Volume, by Engine Placement (2017-2030)
22.5. Market Revenue, by Engine Placement (2017-2030)
22.6. Market Volume, by Engine Type (2017-2030)
22.7. Market Revenue, by Engine Type (2017-2030)
22.8. Market Volume, by Material Type (2017-2030)
22.9. Market Revenue, by Material Type (2017-2030)
22.10. Market Volume, by Activity Type (2017-2030)
22.11. Market Revenue, by Activity Type (2017-2030)

Chapter 23. South Korea Market

23.1. Overview
23.2. Market Volume, by Boat Type (2017-2030)
23.3. Market Revenue, by Boat Type (2017-2030)
23.4. Market Volume, by Engine Placement (2017-2030)
23.5. Market Revenue, by Engine Placement (2017-2030)
23.6. Market Volume, by Engine Type (2017-2030)
23.7. Market Revenue, by Engine Type (2017-2030)
23.8. Market Volume, by Material Type (2017-2030)
23.9. Market Revenue, by Material Type (2017-2030)
23.10. Market Volume, by Activity Type (2017-2030)
23.11. Market Revenue, by Activity Type (2017-2030)

Chapter 24. Brazil Market

24.1. Overview
24.2. Market Volume, by Boat Type (2017-2030)
24.3. Market Revenue, by Boat Type (2017-2030)
24.4. Market Volume, by Engine Placement (2017-2030)
24.5. Market Revenue, by Engine Placement (2017-2030)
24.6. Market Volume, by Engine Type (2017-2030)
24.7. Market Revenue, by Engine Type (2017-2030)
24.8. Market Volume, by Material Type (2017-2030)
24.9. Market Revenue, by Material Type (2017-2030)
24.10. Market Volume, by Activity Type (2017-2030)
24.11. Market Revenue, by Activity Type (2017-2030)

Chapter 25. Mexico Market

25.1. Overview
25.2. Market Volume, by Boat Type (2017-2030)
25.3. Market Revenue, by Boat Type (2017-2030)
25.4. Market Volume, by Engine Placement (2017-2030)
25.5. Market Revenue, by Engine Placement (2017-2030)
25.6. Market Volume, by Engine Type (2017-2030)
25.7. Market Revenue, by Engine Type (2017-2030)
25.8. Market Volume, by Material Type (2017-2030)
25.9. Market Revenue, by Material Type (2017-2030)
25.10. Market Volume, by Activity Type (2017-2030)
25.11. Market Revenue, by Activity Type (2017-2030)

Chapter 26. Saudi Arabia Market

26.1. Overview
26.2. Market Volume, by Boat Type (2017-2030)
26.3. Market Revenue, by Boat Type (2017-2030)
26.4. Market Volume, by Engine Placement (2017-2030)
26.5. Market Revenue, by Engine Placement (2017-2030)
26.6. Market Volume, by Engine Type (2017-2030)
26.7. Market Revenue, by Engine Type (2017-2030)
26.8. Market Volume, by Material Type (2017-2030)
26.9. Market Revenue, by Material Type (2017-2030)
26.10. Market Volume, by Activity Type (2017-2030)
26.11. Market Revenue, by Activity Type (2017-2030)

Chapter 27. South Africa Market

27.1. Overview
27.2. Market Volume, by Boat Type (2017-2030)
27.3. Market Revenue, by Boat Type (2017-2030)
27.4. Market Volume, by Engine Placement (2017-2030)
27.5. Market Revenue, by Engine Placement (2017-2030)
27.6. Market Volume, by Engine Type (2017-2030)
27.7. Market Revenue, by Engine Type (2017-2030)
27.8. Market Volume, by Material Type (2017-2030)
27.9. Market Revenue, by Material Type (2017-2030)
27.10. Market Volume, by Activity Type (2017-2030)
27.11. Market Revenue, by Activity Type (2017-2030)

Chapter 28. U.A.E. Market

28.1. Overview
28.2. Market Volume, by Boat Type (2017-2030)
28.3. Market Revenue, by Boat Type (2017-2030)
28.4. Market Volume, by Engine Placement (2017-2030)
28.5. Market Revenue, by Engine Placement (2017-2030)
28.6. Market Volume, by Engine Type (2017-2030)
28.7. Market Revenue, by Engine Type (2017-2030)
28.8. Market Volume, by Material Type (2017-2030)
28.9. Market Revenue, by Material Type (2017-2030)
28.10. Market Volume, by Activity Type (2017-2030)
28.11. Market Revenue, by Activity Type (2017-2030)

Chapter 29. Competitive Landscape

29.1. List of Market Players and their Offerings
29.2. Competitive Benchmarking of Key Players
29.3. Product Benchmarking of Key Players
29.4. Recent Strategic Developments

Chapter 30. Company Profiles

30.1. Brunswick Corporation
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
30.2. Yamaha Motor Co. Ltd.
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
30.3. Groupe Beneteau
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
30.4. Malibu Inc.
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
30.5. Premier Marine LLC
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
30.6. Azimut Benetti S.p.A.
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
30.7. Bombardier Recreational Products
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
30.8. Bryton Marine Group
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
30.9. Hobie Cat Company
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
30.10. Marine Products Corporation
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
30.11. Polaris Inc.
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary
30.12. Sunseeker International
- 30.12.1. Business overview
- 30.12.2. Product and service offerings
- 30.12.3. Key financial summary
30.13. White River Marine Group
- 30.13.1. Business overview
- 30.13.2. Product and service offerings
- 30.13.3. Key financial summary

Chapter 31. Appendix

31.1. Abbreviations
31.2. Sources and References
31.3. Related Reports