Global Boat Building Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Boat Building Market Report by The Business Research Company covers boat building market drivers and restraints, boat building market size, major players, and the impact of COVID-19 on the boat building market.
The boat building market consists of sales of boats and related services by entities (organizations, sole traders, and partnerships) that operate shipyards or boatyards. Shipyards and boatyards are fixed facilities with drydocks and fabrication equipment capable of building boats, including dinghies, hovercrafts, motorboats, rowboats, yachts, sailboats, and inflatable rubber boats. Only goods and services traded between entities or sold to end consumers are included.
The increasing demand for recreational boats is anticipated to boost the demand for the boat building market. The global boat building market is expected to grow from $34.76 billion in 2020 to $37.14 billion in 2021 at a compound annual growth rate (CAGR) of 6.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $48.36 billion in 2025 at a CAGR of 6.8%.
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Some boat building market trends include the development of autonomous boats. Top companies in the market are developing technologically advanced autonomous boats to maintain their position in a competitive business environment.
Global boat building market segments include:
1) By Type: Recreational Boats, Commercial Boats, Military Boats, Others.
2) By Propulsion: Motorboats, Sail Boats.
3) By Application: Private Use, Commercial Use, Military Use.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Read More On The Boat Building Global Market Report 2021: COVID 19 Impact and Recovery to 2030 At:
The Boat Building Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides boat building market overviews, analyzes and forecasts market size, share, boat building market players, boat building market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The boat building identifies market report top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Boat Building Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Armstrong Marine USA Inc., Brunswick Corporation (BC), Survitec Group, Ancasta International Boat Sales Ltd, Metal Shark, Gulf Craft LLC, Dakota Creek Industries Inc., Main Iron Works
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Boat Building Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Boat Building Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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