New York, NY -- (SBWIRE) -- 07/23/2018 -- Global Leisure Boat Market Report 2025." The market is experiencing a transitional stage since past few years. The continual advancements in technologies and the growing augmentation in infrastructural and technological organizations have influenced the demand for the global market, munificently in a previous couple of years. The obvious rise in urbanization and the significant rise in the disposable income of individuals are expected to increase the demand for global sales in the coming years.

The market consists of manufacturers, engine manufacturers, trade & service providers, and equipment manufacturers. The market is experiencing significant technological changes. Use of IoT and smart sensors in boat building is enhancing the safety of the product. Additionally, modifications in materials used for building the product are making boats affordable for consumers.

Global leisure boat market size was USD +34 billion in 2017. It is expected to expand at a CAGR of +4% from 2018 to 2025.

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Key Players Like: Azimut Benetti S.p.A.; Baja Marine; Bavaria Yachtbau GmbH; Bombardier Recreational Products (BRP) Inc.; Brunswick Corporation; Farr Yacht Design, Ltd.; and Groupe Beneteau.

Basically, leisure boat is a large motorboat with a cabin and plumbing and other amenities required for living on board. Characteristically, such watercrafts are motorized and find use in holidays on a river, lake, canal or waterway. Leisure boating includes many activities such as boat racing, sailing, campaigning, fishing and other water sports game. Leisure boats are made up of plastic, aluminum, coated fabrics. Various types of leisure boats include runabouts, towboats, fishing boats, sailboats, pontoon boats, stern drive powerboats, jet boats, personal watercraft, propulsion systems, and cabin cruisers.

The global leisure boat market is set to experience favorable growth driven by factors such as increasing high net worth population, rising boating participation by adults, development of tourism industry, decrease in fuel prices, rapid urbanization and accelerating economic growth. The major trends observed in this market include increased sales of larger boats, innovations in materials used in boat building and modernization in saltwater fishing boats. However, the growth of this budding market is constrained by challenges such as environmental issues, adverse weather conditions and regulatory impact.

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Table of Content:

Chapter 1 Industry Overview of Leisure Boat

Chapter 2 Manufacturing Cost Structure Analysis of Leisure Boat

Chapter 3 Technical Data and Manufacturing Plants Analysis of Leisure Boat

Chapter 4 Global Leisure Boat Overall Market Overview

Chapter 5 Leisure Boat Regional Market Analysis

Chapter 6 Major Manufacturers Analysis of Leisure Boat

Chapter 7 Development Trend of Analysis of Leisure Boat Market

Chapter 8 Leisure Boat Marketing Type Analysis

Chapter 9 Conclusion of the Global Leisure Boat Market Professional Survey Report 2018

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