The largest portion of the global Recreational Boating Market industry is accounted for by North America. The U.S. dominates the market for recreational boats in North America. The annual recreational boating participation rate in the United States is about 34%. Around 75 million Americans engaged in recreational boating in 2010. By the end of 2013, the number had increased to over 88.5 million. The recreational boating market is anticipated to grow as a result of this increase in recreational boating participation in North America.
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After North America, Europe is the second-largest market for recreational boating. Some of the main recreational boating markets in Europe are found in Italy, the United Kingdom, Germany, and France. In comparison to North America, Europe is predicted to experience faster growth in recreational boating market share. The demand for luxury cruisers is expected to increase, which will support the market expansion of recreational boating in Europe. Large-scale economic expansion with minimal negative environmental effects is possible through leisure ports and cruise shipping.
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Some of the major companies operating in global recreational boating market are:
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- Brunswick Corporation,
- Azimut-Benetti,
- Groupe Beneteau,
- Suzuki Motor Corporation ,
- Platinum Equity,
- Group Beneteau,
- Ferretti,
- Azimut-Benetti,
- Sunseeker,
- Rodriguez,
- Bavarian,
- Princess,
- Sealine Attwood,
- Avon Inflatables,
- Zodiac Marine & Pool,
- Baja Marine,
- Bombardier Recreational Products Incorporated,
- Brunswick Corporation,
- Carlisle Paddles,
- Caterpillar Incorporated,
- Crusader Marine Engines,
- Fountain Powerboat Industries Incorporated,
- General Motors Company,
- Godfrey Marine,
- Honda Motor Company Limited,
- Hydra-Sports Boat,
- Interphase Technologies,
- Kawasaki Heavy Industries Limited,
- KCS International Incorporated,
- Pleasurecraft Engine Group,
- Poly Marquis Yach,
- Tognum AG
- Yamaha Motor Company Limited.
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Key geographies evaluated in this report are:
North America
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- US
- Canada
Europe
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- France, Germany, Italy, Spain, and the UK
- Eastern Europe
- CIS
APAC
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- China
- India
- Japan
- Australia
- Others
Latin America
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- Argentina
- Brazil
- Others
Key features of this report
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- Drivers, restraints, and challenges shaping the Recreational Boating market dynamics
- Latest innovations and key events in the industry
- Analysis of business strategies of the top players
- Recreational Boating market estimates and forecasts(2015 -2021)
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