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Global Leisure Boats Market to Reach $44.5 Billion by 2026 Leisure boats are recreational boats intended for recreation, pleasure and tourism activity. The global market for these boats is bolstered by increasing disposable income and expansion of the tourism industry across emerging economies. The market is gaining from increasing participation in competitive and recreational boating activity coupled with technological advances and introduction of connected boats. First-time boaters and lifelong enthusiasts are expected to continue driving demand for leisure boat market. Demand is also boosted by consumer attention on luxury options and the ongoing trend to own accommodations and vacation homes near water-bodies. The introduction of leisure boats with advanced features such as digital dashboards, digital throttles and joystick controls is driving first-time sales.

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