Leisure and Defense Power Boats Market
| Summarized Info | Details | ||
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| Base Year: | 2020 | Forecast Period: | 2021-2028 |
| Key Geographies: |
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| Market Segmentation: |
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| Key Players: |
Groupe Beneteau, Brunswick Corporation, Marine Products Corporation, Carnival Corporation & plc, Royal Caribbean Cruises Ltd., Norwegian Cruise Line Holdings Ltd., MCBC Holdings, Inc., Malibu Boats, Inc., Grand Banks Yachts Ltd., Porter, Inc., Grady-White Boats, Inc., Maverick Boat Group, Inc., Correct Craft, Baja Marine, Pacific Asian Enterprises, Albemarle Boats, Yamaha Motors Co. Ltd., and Sunseeker International Limited, among others. |
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| Key Dynamics: |
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| Market Size: | US$ 23,617.2 Mn in 2020 | CAGR (2021 -2028): | 5.7% |
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Leisure and Defense Power Boats Market Overview
The report is titled ‘Leisure and Defense Power Boats Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the Leisure and Defense Power Boats market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The Leisure and Defense Power Boats market is expected to grow at a significant rate in the near future.
In 2019, the global leisure and defense power boats market was valued at US$ 22,437.9 Mn and is estimated to reach at a value of US$ 23,617.2 Mn by the end of 2020, with a growth rate of 5.3%.
Leisure and Defense Power Boats Introduction
A power boat, also commonly known as speedboat and motorboat, can be understood as a boat which is motorized by an engine. A leisure power boat can be perceived as a recreational boat, made for non-commercial use. A leisure or recreational boat is all about people relishing on and off water activities in a social, fun and family friendly environment.
The leisure powerboats vary comprehensively in size. Various kinds of leisure power boats are used for various purposes including freshwater fishing, watersports, offshore cruising, or fast cruising or racing. Whilst on the other side, the defense power boats, also termed as patrol boats and police watercraft, are fairly small-scale naval watercraft originally designed for security purposes, such as coastal defence, border protection, search and rescue duties as well as immigration law-enforcement.
Leisure and Defense Power Boats Market Dynamics
Some of the primary factors that are majorly driving the demand of leisure power boats is the growing disposable income of the end-consumers around the world as well as associated thriving tourism industry worldwide. People progressively desire more to spend fun times with their family and friends at the vacation residences and accommodations on the banks of a waterbody, which further elevates the demand of leisure power boats across the global market.
On the other hand, the increased patrolling activities as well as search and rescue operation is further boosting the demand of defence power boats worldwide. Owing to which, the global leisure and defence power boats market is projected to rise significantly in the forthcoming future. However, leisure power boats can still be expensive for some parts of the population, which is likely to refrain its market growth in the following years.
Furthermore, high initial costs can also prove to be a restraining factor for the future growth of the leisure and defence power boats market.
Leisure and Defense Power Boats Market Segmentation
By Propulsion
Outboard Boats
Inboard & Sterndrive Boats
Sailboats
By Boat Size
Up to 20 Ft.
21 Ft. to 35 Ft.
36 Ft. to 50 Ft.
By Engine
Diesel
Electric
Solar
By Horsepower
Up to 250 HP
250 HP to 500 HP
Above 500 HP
By Application
Leisure
Fishing
Transportation
Sports
Travel & Tourism
Others
Defense
Military
Police Patrol
Rescue
Others
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
Leisure and Defense Power Boats Market Key Players
The key participating players of the global leisure and defense power boats market include Groupe Beneteau, Brunswick Corporation, Marine Products Corporation, Carnival Corporation & plc, Royal Caribbean Cruises Ltd., Norwegian Cruise Line Holdings Ltd., MCBC Holdings, Inc., Malibu Boats, Inc., Grand Banks Yachts Ltd., Porter, Inc., Grady-White Boats, Inc., Maverick Boat Group, Inc., Correct Craft, Baja Marine, Pacific Asian Enterprises, Albemarle Boats, Yamaha Motors Co. Ltd., and Sunseeker International Limited, among others.
Reports & Insights Overview on Leisure and Defense Power Boats Market Report
The non-identical approach of Reports and Insights stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.
A research report on the Leisure and Defense Power Boats market by Reports and Insights is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
New product designs and launches
Current product compliance
Reimbursement
Concerns for use of Leisure and Defense Power Boats
Advantages of Leisure and Defense Power Boats
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment where one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
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1. Global Leisure and Defense Power Boats Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Leisure and Defense Power Boats Market Overview
2.1. Introduction
2.1.1. Introduction
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Leisure and Defense Power Boats Market Snapshot
2.4. Global Leisure and Defense Power Boats Market Size And Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast And Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Leisure and Defense Power Boats Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Porter’s Five Forces Model
2.7. SWOT Analysis
2.8. PEST Analysis
2.9. Pricing Analysis
2.9.1. Manufacturer Level Pricing
2.9.2. Distributor Level Pricing
2.9.3. Global Average Pricing Analysis Benchmark
2.9.4. Pricing Analysis by Competition
2.10. Cross Section Analysis
2.10.1. By Propulsion & Application
2.10.2. By Propulsion & Horse Power
2.10.3. By Propulsion & Size
2.11. Covid-19 Impact on Leisure and Defense Power Boats Market
3. Global Leisure and Defense Power Boats Market, By Propulsion
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Propulsion
3.1.2. BPS Analysis, By Propulsion
3.2. Market Revenue (US$Mn) and Forecast, By Propulsion
3.2.1. Outboard Boats
3.2.2. Inboard & Sterndrive Boats
3.2.3. Sailboats
3.3. Global Leisure and Defense Power Boats Market Attractiveness Index, By Propulsion
4. Global Leisure and Defense Power Boats Market, By Boat Size
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By Boat Size
4.1.2. BPS Analysis, By Boat Size
4.2. Market Revenue (US$Mn) and Forecast, By Boat Size
4.2.1. Up to 20 Ft.
4.2.2. 21 Ft. to 35 Ft.
4.2.3. 36 Ft. to 50 Ft.
4.3. Global Leisure and Defense Power Boats Market Attractiveness Index, By Boat Size
5. Global Leisure and Defense Power Boats Market, By Engine
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Engine
5.1.2. BPS Analysis, By Engine
5.2. Market Revenue (US$Mn) and Forecast, By Engine
5.2.1. Diesel
5.2.2. Electric
5.2.3. Solar
5.3. Global Leisure and Defense Power Boats Market Attractiveness Index, By Engine
6. Global Leisure and Defense Power Boats Market, By Horsepower
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Horsepower
6.1.2. BPS Analysis, By Horsepower
6.2. Market Revenue (US$Mn) and Forecast, By Horsepower
6.2.1. Up to 250 HP
6.2.2. 250 HP to 500 HP
6.2.3. Above 500 HP
6.3. Global Leisure and Defense Power Boats Market Attractiveness Index, By Horsepower
7. Global Leisure and Defense Power Boats Market, By Application
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Application
7.1.2. BPS Analysis, By Application
7.2. Market Revenue (US$Mn) and Forecast, By Application
7.2.1. Leisure
7.2.1.1. Fishing
7.2.1.2. Transportation
7.2.1.3. Sports
7.2.1.4. Travel & Tourism
7.2.1.5. Others
7.2.2. Defense
7.2.2.1. Military
7.2.2.2. Police Patrol
7.2.2.3. Rescue
7.2.2.4. Others
7.3. Global Leisure and Defense Power Boats Market Attractiveness Index, By Application
8. Global Leisure and Defense Power Boats Market, By Region
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Region
8.1.2. BPS Analysis, By Region
8.2. Market Revenue (US$Mn) and Forecast, By Region
8.2.1. North America
8.2.2. Latin America
8.2.3. Europe
8.2.4. Asia Pacific
8.2.5. Middle East
8.2.6. Africa
8.3. Global Leisure and Defense Power Boats Market Attractiveness Index, By Region
9. North America Leisure and Defense Power Boats Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market Revenue (US$Mn) and Forecast, By Country
9.2.1. U.S. Leisure and Defense Power Boats Market
9.2.2. Canada Leisure and Defense Power Boats Market
9.3. North America Leisure and Defense Power Boats Market, By Propulsion
9.3.1. Outboard Boats
9.3.2. Inboard & Sterndrive Boats
9.3.3. Sailboats
9.4. North America Leisure and Defense Power Boats Market, By Boat Size
9.4.1. Up to 20 Ft.
9.4.2. 21 Ft. to 35 Ft.
9.4.3. 36 Ft. to 50 Ft.
9.5. North America Leisure and Defense Power Boats Market, By Engine
9.5.1. Diesel
9.5.2. Electric
9.5.3. Solar
9.6. North America Leisure and Defense Power Boats Market, By Horsepower
9.6.1. Up to 250 HP
9.6.2. 250 HP to 500 HP
9.6.3. Above 500 HP
9.7. North America Leisure and Defense Power Boats Market, By Application
9.7.1. Leisure
9.7.1.1. Fishing
9.7.1.2. Transportation
9.7.1.3. Sports
9.7.1.4. Travel & Tourism
9.7.1.5. Others
9.7.2. Defense
9.7.2.1. Military
9.7.2.2. Police Patrol
9.7.2.3. Rescue
9.7.2.4. Others
9.8. North America Leisure and Defense Power Boats Market Attractiveness Index
9.8.1. By Country
9.8.2. By Propulsion
9.8.3. By Boat Size
9.8.4. By Engine
9.8.5. By Horsepower
9.8.6. By Application
10. Latin America Leisure and Defense Power Boats Market Analysis and Forecast, 2020–2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market (US$Mn) Forecast, By Country
10.2.1. Brazil Leisure and Defense Power Boats Market
10.2.2. Mexico Leisure and Defense Power Boats Market
10.2.3. Rest Of Latin America Leisure and Defense Power Boats Market
10.3. Latin America Leisure and Defense Power Boats Market, By Propulsion
10.3.1. Outboard Boats
10.3.2. Inboard & Sterndrive Boats
10.3.3. Sailboats
10.4. Latin America Leisure and Defense Power Boats Market, By Boat Size
10.4.1. Up to 20 Ft.
10.4.2. 21 Ft. to 35 Ft.
10.4.3. 36 Ft. to 50 Ft.
10.5. Latin America Leisure and Defense Power Boats Market, By Engine
10.5.1. Diesel
10.5.2. Electric
10.5.3. Solar
10.6. Latin America Leisure and Defense Power Boats Market, By Horsepower
10.6.1. Up to 250 HP
10.6.2. 250 HP to 500 HP
10.6.3. Above 500 HP
10.7. Latin America Leisure and Defense Power Boats Market, By Application
10.7.1. Leisure
10.7.1.1. Fishing
10.7.1.2. Transportation
10.7.1.3. Sports
10.7.1.4. Travel & Tourism
10.7.1.5. Others
10.7.2. Defense
10.7.2.1. Military
10.7.2.2. Police Patrol
10.7.2.3. Rescue
10.7.2.4. Others
10.8. Latin America Leisure and Defense Power Boats Market Attractiveness Index
10.8.1. By Country
10.8.2. By Propulsion
10.8.3. By Boat Size
10.8.4. By Engine
10.8.5. By Horsepower
10.8.6. By Application
11. Europe Leisure and Defense Power Boats Market Analysis and Forecast, 2020–2028
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market (US$Mn) Forecast, By Country
11.2.1. U.K. Leisure and Defense Power Boats Market
11.2.2. Germany Leisure and Defense Power Boats Market
11.2.3. Italy Leisure and Defense Power Boats Market
11.2.4. France Leisure and Defense Power Boats Market
11.2.5. Spain Leisure and Defense Power Boats Market
11.2.6. Russia Leisure and Defense Power Boats Market
11.2.7. Rest Of Europe Leisure and Defense Power Boats Market
11.3. Europe Leisure and Defense Power Boats Market, By Propulsion
11.3.1. Outboard Boats
11.3.2. Inboard & Sterndrive Boats
11.3.3. Sailboats
11.4. Europe Leisure and Defense Power Boats Market, By Boat Size
11.4.1. Up to 20 Ft.
11.4.2. 21 Ft. to 35 Ft.
11.4.3. 36 Ft. to 50 Ft.
11.5. Europe Leisure and Defense Power Boats Market, By Engine
11.5.1. Diesel
11.5.2. Electric
11.5.3. Solar
11.6. Europe Leisure and Defense Power Boats Market, By Horsepower
11.6.1. Up to 250 HP
11.6.2. 250 HP to 500 HP
11.6.3. Above 500 HP
11.7. Europe Leisure and Defense Power Boats Market, By Application
11.7.1. Leisure
11.7.1.1. Fishing
11.7.1.2. Transportation
11.7.1.3. Sports
11.7.1.4. Travel & Tourism
11.7.1.5. Others
11.7.2. Defense
11.7.2.1. Military
11.7.2.2. Police Patrol
11.7.2.3. Rescue
11.7.2.4. Others
11.8. Europe Leisure and Defense Power Boats Market Attractiveness Index
11.8.1. By Country
11.8.2. By Propulsion
11.8.3. By Boat Size
11.8.4. By Engine
11.8.5. By Horsepower
11.8.6. By Application
12. Asia Pacific Leisure and Defense Power Boats Market Analysis and Forecast, 2020–2028
12.1. Introduction
12.1.1. Annual Growth Rate Comparison, By Country
12.1.2. BPS Analysis, By Country
12.2. Market (US$Mn) Forecast, By Country
12.2.1. China Leisure and Defense Power Boats Market
12.2.2. India Leisure and Defense Power Boats Market
12.2.3. Japan Leisure and Defense Power Boats Market
12.2.4. Australia and New Zealand Leisure and Defense Power Boats Market
12.2.5. South Korea Leisure and Defense Power Boats Market
12.2.6. Rest of Asia Pacific Leisure and Defense Power Boats Market
12.3. Asia Pacific Leisure and Defense Power Boats Market, By Propulsion
12.3.1. Outboard Boats
12.3.2. Inboard & Sterndrive Boats
12.3.3. Sailboats
12.4. Asia Pacific Leisure and Defense Power Boats Market, By Boat Size
12.4.1. Up to 20 Ft.
12.4.2. 21 Ft. to 35 Ft.
12.4.3. 36 Ft. to 50 Ft.
12.5. Asia Pacific Leisure and Defense Power Boats Market, By Engine
12.5.1. Diesel
12.5.2. Electric
12.5.3. Solar
12.6. Asia Pacific Leisure and Defense Power Boats Market, By Horsepower
12.6.1. Up to 250 HP
12.6.2. 250 HP to 500 HP
12.6.3. Above 500 HP
12.7. Asia Pacific Leisure and Defense Power Boats Market, By Application
12.7.1. Leisure
12.7.1.1. Fishing
12.7.1.2. Transportation
12.7.1.3. Sports
12.7.1.4. Travel & Tourism
12.7.1.5. Others
12.7.2. Defense
12.7.2.1. Military
12.7.2.2. Police Patrol
12.7.2.3. Rescue
12.7.2.4. Others
12.8. Asia Pacific Leisure and Defense Power Boats Market Attractiveness Index
12.8.1. By Country
12.8.2. By Propulsion
12.8.3. By Boat Size
12.8.4. By Engine
12.8.5. By Horsepower
12.8.6. By Application
13. Middle East Leisure and Defense Power Boats Market Analysis and Forecast, 2020–2028
13.1. Introduction
13.1.1. Annual Growth Rate Comparison, By Country
13.1.2. BPS Analysis, By Country
13.2. Market (US$Mn) Forecast, By Country
13.2.1. GCC Countries Leisure and Defense Power Boats Market
13.2.2. Israel Leisure and Defense Power Boats Market
13.2.3. Rest Of Middle East Leisure and Defense Power Boats Market
13.3. Middle East Leisure and Defense Power Boats Market, By Propulsion
13.3.1. Outboard Boats
13.3.2. Inboard & Sterndrive Boats
13.3.3. Sailboats
13.4. Middle East Leisure and Defense Power Boats Market, By Boat Size
13.4.1. Up to 20 Ft.
13.4.2. 21 Ft. to 35 Ft.
13.4.3. 36 Ft. to 50 Ft.
13.5. Middle East Leisure and Defense Power Boats Market, By Engine
13.5.1. Diesel
13.5.2. Electric
13.5.3. Solar
13.6. Middle East Leisure and Defense Power Boats Market, By Horsepower
13.6.1. Up to 250 HP
13.6.2. 250 HP to 500 HP
13.6.3. Above 500 HP
13.7. Middle East Leisure and Defense Power Boats Market, By Application
13.7.1. Leisure
13.7.1.1. Fishing
13.7.1.2. Transportation
13.7.1.3. Sports
13.7.1.4. Travel & Tourism
13.7.1.5. Others
13.7.2. Defense
13.7.2.1. Military
13.7.2.2. Police Patrol
13.7.2.3. Rescue
13.7.2.4. Others
13.8. Middle East Leisure and Defense Power Boats Market Attractiveness Index
13.8.1. By Country
13.8.2. By Propulsion
13.8.3. By Boat Size
13.8.4. By Engine
13.8.5. By Horsepower
13.8.6. By Application
14. Africa Leisure and Defense Power Boats Market Analysis and Forecast, 2020–2028
14.1. Introduction
14.1.1. Annual Growth Rate Comparison, By Country
14.1.2. BPS Analysis, By Country
14.2. Market (US$Mn) Forecast, By Country
14.2.1. South Africa Countries Leisure and Defense Power Boats Market
14.2.2. Egypt Leisure and Defense Power Boats Market
14.2.3. North Africa Leisure and Defense Power Boats Market
14.2.4. Rest of Africa Leisure and Defense Power Boats Market
14.3. Africa Leisure and Defense Power Boats Market, By Propulsion
14.3.1. Outboard Boats
14.3.2. Inboard & Sterndrive Boats
14.3.3. Sailboats
14.4. Africa Leisure and Defense Power Boats Market, By Boat Size
14.4.1. Up to 20 Ft.
14.4.2. 21 Ft. to 35 Ft.
14.4.3. 36 Ft. to 50 Ft.
14.5. Africa Leisure and Defense Power Boats Market, By Engine
14.5.1. Diesel
14.5.2. Electric
14.5.3. Solar
14.6. Africa Leisure and Defense Power Boats Market, By Horsepower
14.6.1. Up to 250 HP
14.6.2. 250 HP to 500 HP
14.6.3. Above 500 HP
14.7. Africa Leisure and Defense Power Boats Market, By Application
14.7.1. Leisure
14.7.1.1. Fishing
14.7.1.2. Transportation
14.7.1.3. Sports
14.7.1.4. Travel & Tourism
14.7.1.5. Others
14.7.2. Defense
14.7.2.1. Military
14.7.2.2. Police Patrol
14.7.2.3. Rescue
14.7.2.4. Others
14.8. Africa Leisure and Defense Power Boats Market Attractiveness Index
14.8.1. By Country
14.8.2. By Propulsion
14.8.3. By Boat Size
14.8.4. By Engine
14.8.5. By Horsepower
14.8.6. By Application
15. Competitive Landscape
15.1. Competition Dashboard
15.2. Company Share Analysis
15.2.1. Market Analysis by Tier of Companies
15.2.2. Market Share Analysis of Top Players
15.2.3. Market Presence Analysis
15.2.4. Regional Footprint of Players
15.3. Company Profiles
15.3.1. Groupe Beneteau
15.3.1.1. Company Overview
15.3.1.2. Financial Overview
15.3.1.3. Key Developments
15.3.1.4. SWOT Analysis
15.3.1.5. Product Analysis
15.3.2. Brunswick Corporation
15.3.3. Marine Products Corporation
15.3.4. Carnival Corporation & plc
15.3.5. Royal Caribbean Cruises Ltd.
15.3.6. Norwegian Cruise Line Holdings Ltd.
15.3.7. MCBC Holdings, Inc.
15.3.8. Malibu Boats, Inc.
15.3.9. Grand Banks Yachts Ltd.
15.3.10. Porter, Inc.
15.3.11. Grady-White Boats, Inc.
15.3.12. Maverick Boat Group, Inc.
15.3.13. Correct Craft
15.3.14. Baja Marine
15.3.15. Pacific Asian Enterprises
15.3.16. Albemarle Boats
15.3.17. Yamaha Motors Co. Ltd.
15.3.18. Sunseeker International Limited
16. Acronyms
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Frequently Asked Questions
In 2020, global leisure and defense power boats market was valued at US$ 23,617.2 Mn and expected to grow significantly at a CAGR of 5.7% over the forecast period
Growth witnessed in marine tourism and integration of digitalization during manufacturing of leisure boats
The global leisure and defense power boats market is segmented by propulsion, boat size, engine, horsepower, application and by region
Groupe Beneteau, Brunswick Corporation, Marine Products Corporation, Carnival Corporation & plc, Royal Caribbean Cruises Ltd., Norwegian Cruise Line Holdings Ltd., MCBC Holdings, Inc., Malibu Boats, Inc., Grand Banks Yachts Ltd., Porter, Inc., Grady-White Boats, Inc., Maverick Boat Group, Inc., Correct Craft, Baja Marine, Pacific Asian Enterprises, Albemarle Boats, Yamaha Motors Co. Ltd., and Sunseeker International Limited, among others are the key participating players in the market.
