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Los Angeles, CA -- (SBWIRE) -- 03/26/2019 -- Boating is the leisurely activity of travelling by boat, or the recreational use of a boat whether powerboats, sailboats, or man-powered vessels (such as rowing and paddle boats), focused on the travel itself, as well as sports activities, such as fishing or waterskiing.
Emerging trends, which have a direct impact on the dynamics of the recreational boating industry, include increasing use of absorbed glass mat (AGM) batteries in powerboats due to it's impressive battery lives and long lifespan than lithium-ion batteries and use of synthetic material to manufacture deck to reduce usage of wood.
The use of innovative battery technology that will improve the performance of the engine and power electronic equipment. The AGM and gel batteries are called sealed valve regulated lead-acid (SVRLA) batteries. These batteries use sulphuric acid as an electrolyte to conduct electricity and are completely sealed and can be mounted on its sides or edges without the fear of spillages or leaks. These batteries are cheaper than lithium-ion batteries, and their performance is better than lead-acid batteries. The increasing adoption of these gel and AGM batteries will improve the performance of boats and boost the growth of the boating industry. The lower price of these products makes it an affordable choice for boaters since they can be recharged quickly at higher rates.
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This report studies the Recreational Rowing Boats market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Recreational Rowing Boats in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Marine Products Corporation
Grand Banks Yachts
By the product type, the market is primarily split into
Inboard & sterndrive
By the end users/application, this report covers the following segments
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