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Meticulous Market Research Pvt. Ltd.: Recreational Boats Market to be Worth $42.1 Billion by 2031 - Exclusive Report by Meticulous Research®

REDDING, Calif., May 28, 2024 /PRNewswire/ According to a new market research report titled, 'Recreational Boats Market by Type (Motorboats, Yachts, Sailboats, Personal Watercraft) ....

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RECREATIONAL BOAT MARKET SHARE, SIZE, TRENDS, INDUSTRY ANALYSIS REPORT

Recreational Boats Market by Propulsion (Outboard, Inboard and Sterndrive), Boat Size (Up To 20 Ft., 21 To 35 Ft.), Engine Type (Diesel, Electric), Horsepower (Below 250 HP, 250 to 500 HP) and Application (Fishing, Sports). The recreational boats market is projected to reach $54.9 million by 2027, growing at a CAGR of 7.8% during the forecast period. ....

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Global Recreational Boating Market Size And Market Growth Opportunities

Global Recreational Boating Market Size And Market Growth Opportunities
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Global Recreational Boats Market Report 2021-2027: Opportunities in Innovation in Boat Engines and Integration of IoT & Sensor-Based Technologies

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The recreational boats market is expected to grow at a CAGR of 7.8% from 2020 to 2027 to reach $54.9 billion by 2027
The growth of this market is mainly attributed to the booming tourism industry, growing economic development, growing participation in boating activities, innovation in boat engines, and increasing disposable income.
These trends and the rising adoption of boating in Asian countries, including China, Japan, and Australia, offer manufacturers with new markets to capture over the forecast timespan. However, cyber-attacks & the intangible threat to the cruise industry, and high capital investment are expected to hinder the growth of this market to some extent. ....

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Recreational Boats Market Worth $54.9 billion by 2027 -Exclusive Report Covering Pre and Post COVID-19 Market Analysis by Meticulous Research® - Press Release

Recreational Boats Market Worth $54.9 billion by 2027 -Exclusive Report Covering Pre and Post COVID-19 Market Analysis by Meticulous Research® - Press Release
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