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The Leisure Boat Market size was recorded at USD 44.3 Bn in 2023 and is expected to reach USD 65.95 Bn by 2031 and grow at a CAGR of 5.1% over the forecast period of 2024-2031.
Increasing disposable income among citizens and increasing tourism industries in developing economies like Brazil, and China are a few of the vital factors projecting market growth. In addition, the increasing engagement of the population in recreational and competitive boating activities globally is projected to propel the growth. The evolution of technologies resulting in the launch and penetration of smart boats is expected to burgeon market growth during the forecast period.
Customers increasingly gaining awareness about the advantages of traditional boats having advanced technologies onboard, rising demand for recreational intelligent watercraft, and entry to newer markets remain key growth determinants. Manufacturers have also been adopting high techs like IoT, AI, and smart sensors in the boats to offer users some benefits such as GPS tracking, automatic controls & Smart connect. In addition, integration of these types of technology further helps owners to enhance boat safety and security which indirectly makes them more keen on surfing deep waters.
With numerous boating events & trade shows being organized across the globe, there has been a growing demand for recreational boating activities from tourists. Spending time in the water or on beaches has encouraged a substantial uptick in European and North American tourists (source). Furthermore, the market in China and Australia has opened doors to newer growth avenues due to the growing per capita income of the population residing in these countries. The increasing popularity of recreational boating in Japan, China, and Australia has significantly contributed to the growth of the market. These activities of the various country governments to enhance their marine tourism have propelled the growth of this market. Changes in regulations, the rise of infrastructure, and increased funds to the tourism sector are likely to fuel future chances for growth in the travel market during these years. Furthermore, recreational boating activities spend heavily on outboard boats and yachts among all the boat types across the globe, and that trend boosts the leisure boat market.
Drivers:
The leisure market in boats is on an upward trajectory primarily because of the trend in increased disposable income and a greater interest in water-based recreational activities. In some areas, disposable income has reportedly risen to 42%, and therefore, more people have willingness to spend on leisure activities, water sports, boating, and vacations. The trend is apparent among millennials and Gen Z, who spend more on experiential activities rather than material purchases. About 33% of this segment wanted to invest in a water-related holiday and treat it as part of their yearly travel plan. Luxury tourism has given new dimensions to boat rentals and yacht charters as almost 29% of leisure travellers take part in water-related activity as part of the holiday plan.
Notably, popularity for adventure sports contributed to the growth of the market, as wakeboarding, jet skiing, and parasailing activities record high demand with a 25% rise in participation rates over the past five years. Government policies that boost maritime tourism further increase the attractiveness of water sports as in most coastal countries, nearly 18 percent of the tourist budget is spent on marine infrastructure.
Restrains:
The high costs of owning and maintaining a leisure boat are prohibitively cost for many customers, and that impacts adoption levels in the market. Annual expenses on maintenance alone could be 10-15% of the original purchase value of the boat, and that does not help. There is also strong seasonality-related fluctuation in demand. Peak season coincides with favourable weather conditions and holidays; therefore, it peaks in use and demand up to as much as 60-70%. Conversely, it can drop to as low as 40-50% during off-season months. Such a seasonal variation usually has the effect of fragmenting the market, with businesses nearly mainly depending on peak periods to maintain and keep them running throughout the year.
Ownership is rather expensive when mooring and storage fees are taken into account. Costs can reach over 20% of the original purchase price per annum when added with insurance and storage off-season. These costs will make prospective buyers run away, and also encourage current owners to give up when usage is low. Fuel costs have also seen a hike in the industry, pushing the price of running a boat up by 15-20% over the last few years.
By Type
The used leisure Boat segment leads the market and is attributed to gaining over 80% of the market share. This is because the used boat can be delivered fairly soon thus eliminating a longer delivery timeline. A used recreational vessel that has been owned before may have cosmetic blemishes, needs minor repairs, or require upgraded equipment. They are usually cheaper than the newer ones. One of the reasons why most users switch to a used boat is because these boats are intact and stay functional so they also re-sell easily. Also contributing to the high market share of pre-owned vessels is that used boats, generally speaking, are priced less than new boats.
By Product
The motorized new leisure boats are leading the leisure boat market in this segment. All these are pushing the demand for new leisure boats and hence triggering the growth of the new boat market further, with the rising incorporation of advanced technologies such as smart sensors, AI (Artificial Intelligence), and IoT (Internet-of-Things)combined with the availability convenient financing schemes initiated brings in through manufacturers.
The leisure boat sector in North America is on the rise, due to significant contributions from the USA and Canada. Boat ownership is increasing, and incorporates all sorts of boats from luxury yachts, fishing boats, pontoon boats, and personal water transport. North America witnesses the rapid growth of leisure boats. Several factors support the development of the leisure boat market in North America. Firstly, North American high-income levels make it possible for them to indulge in boating as a pastime. Simultaneously, there is a strong preference for outdoor activities that is swelling the popularity of leisure boats. Again, all these pointed to the need for a big leap forward in efficiency and streamlining of technology. Further boosting the demand in North America for leisure boats are exciting water sports like wakeboarding, surfing, and water skiing.
Europe follows the market globally and is anticipated to experience maximum growth in terms of CAGR over the forecast period. Growing pleasure boat application in the UK, France, Germany, Italy, and Spain is projected to fuel regional industry growth. In addition, a rising number of participants in recreational boating activities also bodes well for the incremental opportunity on offer to the market.
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Some of the major Leisure Boat Market key players are:
Brunswick Corporation - Products: Sea Ray Boats, Bayliner, Boston Whaler.
Groupe Beneteau - Products: Beneteau Sailing Yachts, Jeanneau Powerboats, Lagoon Catamarans.
Yamaha Motor Co., Ltd. - Products: WaveRunner, 242X E-Series Jet Boat, AR195 Sports Boat.
Azimut Benetti Group - Products: Azimut Yachts, Atlantis, Benetti Mega Yachts.
Marine Products Corporation - Products: Chaparral Boats, Robalo Boats.
Sunseeker International Limited - Products: Predator Series, Manhattan Flybridge, Hawk 38.
Ferretti Group - Products: Riva Yachts, Pershing Luxury Performance Yachts, Ferretti Custom Line.
Malibu Boats, Inc. - Products: Malibu Wakesetter, Axis Wake A24, Response TXi.
Princess Yachts Limited - Products: Princess Flybridge, V-Class Sports Yachts, X95 Superfly.
MasterCraft Boat Holdings, Inc. - Products: MasterCraft NXT, XT Series, XStar S Wakeboard Boat.
HanseYachts AG - Products: Hanse Sailing Yachts, Dehler Performance Yachts, Fjord Motor Yachts.
Catalina Yachts - Products: Catalina 355, Catalina 425, Catalina 545.
Boston Whaler (owned by Brunswick Corporation) - Products: Montauk Series, Conquest Series, Outrage Series.
Bavaria Yachts - Products: Bavaria Cruiser, Bavaria E-Line, Bavaria SR36.
Crestliner Boats - Products: Crestliner Super Hawk, Crestliner Commander, Crestliner Fish Hawk.
| Report Attributes | Details |
| Market Size in 2023 | US$ 44.3 Billion |
| Market Size by 2032 | US$ 69.32 Billion |
| CAGR | CAGR of 5.1% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments |
• By Type (New Leisure Boat, Used Leisured Boat), |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Avion Marine, Azimut Benetti Group, Baja Marine, Bavaria Yachtbau GmbH, Chaparral Boats, Ferretti, Fountain Powerboats, Bombardier Recreational Products (BRP) Inc., Farr Yacht Design Ltd, Brunswick Corporation |
| Key Drivers | • The rise in overall spending on leisure boats. |
| Market Restraints | • Lack of awareness in the struggling economies. |
Ans; The Leisure Boat Market size was recorded at USD 44.3 Bn in 2023 and is expected to reach USD 65.95 Bn by 2032.
Ans: GAGR of 5.1% over the forecast period of 2024-2032.
Ans: Lack of awareness in the struggling economies.
Ans: The rise in overall spending on leisure boats.
Ans; The leisure boat industry in North America is well-established, with major contributions from both the United States and Canada.
Table of Content
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.2 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Vehicle Production and Sales Volumes, 2020-2032, by Region
5.2 Emission Standards Compliance, by Region
5.3 Vehicle Technology Adoption, by Region
5.4 Consumer Preferences, by Region
5.5 Aftermarket Trends (Data on vehicle maintenance, parts, and services)
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Leisure Boat Market Segmentation, by Type
7.1 Chapter Overview
7.2 New Leisure Boat
7.2.1 New Leisure Boat Market Trends Analysis (2020-2032)
7.2.2 New Leisure Boat Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Used Leisure Boats
7.3.1 Used Leisure Boats Market Trends Analysis (2020-2032)
7.3.2 Used Leisure Boats Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Leisure Boat Market Segmentation, by Product Type
8.1 Chapter Overview
8.2 Motorized
8.2.1 Motorized Market Trends Analysis (2020-2032)
8.2.2 Motorized Market Size Estimates and Forecasts to 2032 (USD Billion)
8.2.1 Yacht
8.2.1.1 Yacht Market Trends Analysis (2020-2032)
8.2.1.2 Yacht Market Size Estimates and Forecasts to 2032 (USD Billion)
8.2.2 Personal Watercraft
8.2.2.1 Personal Watercraft Market Trends Analysis (2020-2032)
8.2.2.2 Personal Watercraft Market Size Estimates and Forecasts to 2032 (USD Billion)
8.2.3 Outboard Boats
8.2.3.1 Outboard Boats Market Trends Analysis (2020-2032)
8.2.3.2 Outboard Boats Market Size Estimates and Forecasts to 2032 (USD Billion)
8.2.4 Others
8.2.4.1 Others Market Trends Analysis (2020-2032)
8.2.4.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Non-Motorized
8.3.1 Non-Motorized Market Trends Analysis (2020-2032)
8.3.2 Non-Motorized Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3.1 Canoes
8.3.1.1 Canoes Market Trends Analysis (2020-2032)
8.3.1.2 Canoes Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3.2 Kayaks
8.3.2.1 Kayaks Market Trends Analysis (2020-2032)
8.3.2.2 Kayaks Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3.3 Others
8.3.3.1 Others Market Trends Analysis (2020-2032)
8.3.3.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Regional Analysis
9.1 Chapter Overview
9.2 North America
9.2.1 Trends Analysis
9.2.2 North America Leisure Boat Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.2.3 North America Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.2.4 North America Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.2.5 USA
9.2.5.1 USA Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.2.5.2 USA Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.2.6 Canada
9.2.6.1 Canada Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.2.6.2 Canada Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.2.7 Mexico
9.2.7.1 Mexico Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.2.7.2 Mexico Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.3 Europe
9.3.1 Eastern Europe
9.3.1.1 Trends Analysis
9.3.1.2 Eastern Europe Leisure Boat Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.1.3 Eastern Europe Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.1.4 Eastern Europe Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.3.1.5 Poland
9.3.1.5.1 Poland Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.1.5.2 Poland Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.3.1.6 Romania
9.3.1.6.1 Romania Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.1.6.2 Romania Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.3.1.7 Hungary
9.3.1.7.1 Hungary Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.1.7.2 Hungary Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.3.1.8 Turkey
9.3.1.8.1 Turkey Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.1.8.2 Turkey Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.3.1.9 Rest of Eastern Europe
9.3.1.9.1 Rest of Eastern Europe Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.1.9.2 Rest of Eastern Europe Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.3.2 Western Europe
9.3.2.1 Trends Analysis
9.3.2.2 Western Europe Leisure Boat Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.2.3 Western Europe Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.2.4 Western Europe Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.3.2.5 Germany
9.3.2.5.1 Germany Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.2.5.2 Germany Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.3.2.6 France
9.3.2.6.1 France Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.2.6.2 France Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.3.2.7 UK
9.3.2.7.1 UK Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.2.7.2 UK Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.3.2.8 Italy
9.3.2.8.1 Italy Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.2.8.2 Italy Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.3.2.9 Spain
9.3.2.9.1 Spain Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.2.9.2 Spain Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.3.2.10 Netherlands
9.3.2.10.1 Netherlands Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.2.10.2 Netherlands Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.3.2.11 Switzerland
9.3.2.11.1 Switzerland Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.2.11.2 Switzerland Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.3.2.12 Austria
9.3.2.12.1 Austria Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.2.12.2 Austria Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.3.2.13 Rest of Western Europe
9.3.2.13.1 Rest of Western Europe Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.3.2.13.2 Rest of Western Europe Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.4 Asia Pacific
9.4.1 Trends Analysis
9.4.2 Asia Pacific Leisure Boat Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.4.3 Asia Pacific Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.4.4 Asia Pacific Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.4.5 China
9.4.5.1 China Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.4.5.2 China Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.4.6 India
9.4.5.1 India Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.4.5.2 India Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.4.5 Japan
9.4.5.1 Japan Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.4.5.2 Japan Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.4.6 South Korea
9.4.6.1 South Korea Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.4.6.2 South Korea Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.4.7 Vietnam
9.4.7.1 Vietnam Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.2.7.2 Vietnam Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.4.8 Singapore
9.4.8.1 Singapore Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.4.8.2 Singapore Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.4.9 Australia
9.4.9.1 Australia Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.4.9.2 Australia Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.4.10 Rest of Asia Pacific
9.4.10.1 Rest of Asia Pacific Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.4.10.2 Rest of Asia Pacific Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.5 Middle East and Africa
9.5.1 Middle East
9.5.1.1 Trends Analysis
9.5.1.2 Middle East Leisure Boat Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.1.3 Middle East Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.5.1.4 Middle East Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.5.1.5 UAE
9.5.1.5.1 UAE Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.5.1.5.2 UAE Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.5.1.6 Egypt
9.5.1.6.1 Egypt Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.5.1.6.2 Egypt Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.5.1.7 Saudi Arabia
9.5.1.7.1 Saudi Arabia Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.5.1.7.2 Saudi Arabia Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.5.1.8 Qatar
9.5.1.8.1 Qatar Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.5.1.8.2 Qatar Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.5.1.9 Rest of Middle East
9.5.1.9.1 Rest of Middle East Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.5.1.9.2 Rest of Middle East Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.5.2 Africa
9.5.2.1 Trends Analysis
9.5.2.2 Africa Leisure Boat Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.2.3 Africa Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.5.2.4 Africa Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.5.2.5 South Africa
9.5.2.5.1 South Africa Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.5.2.5.2 South Africa Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.5.2.6 Nigeria
9.5.2.6.1 Nigeria Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.5.2.6.2 Nigeria Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.5.2.7 Rest of Africa
9.5.2.7.1 Rest of Africa Leisure Boat Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
9.5.2.7.2 Rest of Africa Leisure Boat Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
9.6 Latin America
9.6.1 Trends Analysis
9.6.2 Latin America Leisure Boat Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.6.3 Latin America Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.6.4 Latin America Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.6.5 Brazil
9.6.5.1 Brazil Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.6.5.2 Brazil Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.6.6 Argentina
9.6.6.1 Argentina Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.6.6.2 Argentina Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.6.7 Colombia
9.6.7.1 Colombia Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.6.7.2 Colombia Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
9.6.8 Rest of Latin America
9.6.8.1 Rest of Latin America Leisure Boat Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
9.6.8.2 Rest of Latin America Leisure Boat Market Estimates and Forecasts, by Product Type (2020-2032) (USD Billion)
10. Company Profiles
10.1 Avion Marine
10.1.1 Company Overview
10.1.2 Financial
10.1.3 Products/ Services Offered
10.1.4 SWOT Analysis
10.2 Azimut Benetti Group
10.2.1 Company Overview
10.2.2 Financial
10.2.3 Products/ Services Offered
10.2.4 SWOT Analysis
10.3 Baja Marine
10.3.1 Company Overview
10.3.2 Financial
10.3.3 Products/ Services Offered
10.3.4 SWOT Analysis
10.4 Bavaria Yachtbau GmbH
10.4.1 Company Overview
10.4.2 Financial
10.4.3 Products/ Services Offered
10.4.4 SWOT Analysis
10.5 Chaparral Boats
10.5.1 Company Overview
10.5.2 Financial
10.5.3 Products/ Services Offered
10.5.4 SWOT Analysis
10.6 Ferretti
10.6.1 Company Overview
10.6.2 Financial
10.6.3 Products/ Services Offered
10.6.4 SWOT Analysis
10.7 Fountain Powerboats
10.7.1 Company Overview
10.7.2 Financial
10.7.3 Products/ Services Offered
10.7.4 SWOT Analysis
10.8 Bombardier Recreational Products (BRP) Inc.
10.8.1 Company Overview
10.8.2 Financial
10.8.3 Products/ Services Offered
10.8.4 SWOT Analysis
10.9 Farr Yacht Design Ltd
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Products/ Services Offered
10.9.4 SWOT Analysis
10.10 Brunswick Corporation
10.10.1 Company Overview
10.10.2 Financial
10.10.3 Products/ Services Offered
10.10.4 SWOT Analysis
11. Use Cases and Best Practices
12. Conclusion
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When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Type
New Leisure Boat
Used Leisured Boat
By Product
Motorized
Yacht
Personal Watercraft
Outboard Boats
Others
Non-Motorized
Canoes
Kayaks
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
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