Leisure Boat Engine Market Revenue Growth Regional Share Analysis and Forecast Till 2029


Posted June 15, 2023 by Rushikeshmaximize

Power boats and yachts are examples of leisure boats (sometimes referred to as pleasure crafts) that are propelled by leisure boat engines, which are internal combustion engines
 
Leisure Boat Engine Market size was valued at USD 5.25 Bn. in 2021 and the Leisure Boat Engine market revenue is expected to grow at 6.2 % from 2022 to 2029, reaching nearly USD 8.49 Bn.

Market Scope:

Using both primary and secondary research approaches, we researched the Leisure Boat Engine Market from every viewpoint. This helped us gain a better understanding of current market dynamics such as supply-demand imbalances, pricing trends, product preferences, customer habits, and so on. The data is then compiled and analysed using a range of market estimation and data validation techniques. Furthermore, we have an in-house data forecasting engine that forecasts market growth through 2027.

Leisure Boat Engine Market Overview:

The market research study analyses and assesses the market's position during the forecast period. It is a comprehensive examination that focuses on primary and secondary drivers, market share, leading segments, and geographical analysis.



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Segmentation:

By Fuel
1. Gasoline
2. Diesel

During the projection period, the petrol segment is expected to increase at the fastest CAGR. Nowadays, petrol is one of the most used fuel sources. It is mostly used as fuel in internal combustion engines with spark ignition. There are several applications for various grades of petrol. The octane number is a statistic used to assess how well petrol performs.

By Purpose
1. Personal
2. Fishing
3. Tourism

During the projection period, the Personal segment is expected to grow at the fastest CAGR. Personal leisure boat engines are small boats used for water sports in which the user sits on top of the boat rather than within. Jet skis, water scooters, and customised adventure sports boats are among examples. The majority of boats can carry two or more passengers. A single-rider stand-up boat is a second design that is more commonly used for stunts, racing, and water sports events around the world. The majority of these boats are powered by inboard motors and can seat one, two, or even four persons.

By Boat Type
1. Motor yacht
2. Powerboat
3. Sailboat

During the projected period, the motor yacht segment is expected to develop at the fastest CAGR. The increasing preference of tourists for luxury travel, personalised service, and exclusive travel are the primary drivers of motor yacht sales. Manufacturers prioritise luxury aspects in order to provide clients with superior performance qualities. There have also been substantial advancements in the processes used to build boats in recent years.


Key Players:

The report also focuses on the global main industry players in the Leisure Boat Engine Market, including company biographies, product images and specs, capacity, production, price, cost, revenue, and contact information. The study examines prominent Leisure Boat Engine market businesses and ranks them in the market. The following players are featured in this report:

1. Yanmar
2. Volvo Penta
3. Brunswick Corporation
4. Yamaha Motors Co. Ltd.
5. Cummins
6. Barrus
7. Caterpillar
8. Malibu Boats Inc.
9. Mitsubishi Marine Engines
10. Yamaha Motor Company Limited
11. Bavaria Yachts GmbH
12. Johnson Outdoors Watercraft, Inc.
13. Azimut Yachts
14. Malibu Boats Inc.
15. Beneteau Group
16. Ferretti S.p.A.
17. MasterCraft
18. Hyundai Heavy Industries
19. Groupe Beneteau
20. Brunswick Corporation

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Regional Analysis:

The Leisure Boat Engine market in each area is further segmented into regions and segments. The study examines and anticipates several nations, as well as current trends and opportunities in the area.




COVID-19 Impact Analysis on Leisure Boat Engine Market:

The primary goal of the research is to provide enterprises in the industry with a strategic analysis of the impact of COVID-19. Simultaneously, this research investigated the marketplaces of significant nations and presented their market potential.



Key Questions Answered in the Leisure Boat Engine Market Report are:

What are some of the promising growth opportunities in the global Leisure Boat Engine market by product type and Region?
Which Leisure Boat Engine market segments will grow the fastest, and why?
Which regions will develop quicker?
What are the elements influencing Leisure Boat Engine market?
What are the Leisure Boat Engine market's business risks?
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Issued By rushikeshmaximize
Business Address MAXIMIZE MARKET RESEARCH PVT. LTD. 3rd Floor, Navale IT Park Phase 2, Pune Banglore Highway, Narhe, Pune, Maharashtra 411041, India.
Country India
Categories Automotive
Tags leisure boat engine market , leisure boat engine market trend , leisure boat engine market size
Last Updated June 15, 2023