Leisure Boat Engine Market Rising Huge Business Growth, Opportunities with COVID-19 Impact Analysis By 2029

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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.

 

Leisure Boat Engine  Market Report Overview

According to the research, the  Leisure Boat Engine  Market is expected to grow at a rapid pace during the forecast period. The report provides a comprehensive analysis of the  Leisure Boat Engine  industry, shedding light on its structure.

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Leisure Boat Engine  Market Report Scope and Research Methodology

The  Leisure Boat Engine  market report was developed using primary and secondary research methods. The primary research involved surveys and interviews with industry experts, while the secondary research involved collecting data from industry publications, government reports, and other sources.

The report provides a region-wise, segment-wise, and sub-segment-wise analysis of the  Leisure Boat Engine  market dynamics, market size, market share, and key players. It also includes a list of  Leisure Boat Engine  key competitors in the industry, along with their revenue, financial status, product portfolio, investments, mergers, acquisitions, and joint ventures. SWOT analysis was used to identify the strengths and weaknesses of the key players, as well as the opportunities and threats facing the  Leisure Boat Engine  industry. The bottom-up approach was used to estimate the  Leisure Boat Engine  market size.

Leisure Boat Engine  Market Dynamics 

In emerging economies like Brazil and China, the tourism industry is thriving and residents' disposable income is growing. These are some of the major drivers of market growth. Additionally, it is expected that the increasing popularity of leisure and competitive boating activities propel market growth. Additionally, improvements in technology that results in the development and widespread use of connected boats are expected to drive market growth throughout the forecast period. The market is made up of manufacturers of boats and engines, independent dealers, service providers, and equipment suppliers.

Owing to several reasons, including the numerous investments made and the extensive research done by the leading companies in the market to develop and upgrade their portfolios, the market is expected to exhibit promising growth potential throughout the forecast period. Manufacturers are also concentrating on creating cutting-edge boat designs to pique consumers' interest, particularly in the Gen-Z market. In the forecast years, market growth is expected to be fueled by consumers' increasing knowledge of the advantages of incorporating technology into traditional boats.

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The report includes a detailed analysis of several key countries that are:

    • North America (U.S., Canada, Mexico)
    • Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
    • Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC)
    • South America (Brazil)
    • The Middle East and Africa

Leisure Boat Engine  Market Segmentation

by Fuel

1. Gasoline
2. Diesel

by Purpose

1. Personal
2. Fishing
3. Tourism

by Boat Type

1. Motor yacht
2. Powerboat
3. Sailboat


Leisure Boat Engine Key Players 

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

  • What was the  Leisure Boat Engine  Market size in 2022?
  • What is the expected  Leisure Boat Engine  market size by 2029?
  • What will be the CAGR of the  Leisure Boat Engine  market during the forecast period?
  • Which region held the largest market share in the  Leisure Boat Engine  Market?
  • Which company held the largest share in the  Leisure Boat Engine  market?
  • What key trends are likely to emerge in the  Leisure Boat Engine  market in the coming years?
  • Who are the  Leisure Boat Engine  key players in the  Leisure Boat Engine  industry?

Key offerings:

  • Market Overview
  • Market Share
  • Market Size
  • Forecast |2023-2029
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation- A detailed analysis of each segment and their segments
  • Competitive Landscape - Leading key players and other prominent key players.

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About Maximize Market Research:

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