Learn about the global boat building market through The Business Research Company, which provides information on boat building market size, boat building market drivers and restraints, boat building market players, the COVID-19 impact on the boat building market, and more.

The global boat building market size is expected to grow from $29.91 billion in 2021 to $32.6 billion in 2022 at a compound annual growth rate (CAGR) of 9%. The global boat building market is then expected to grow to $44.18 billion in 2026 at a CAGR of 7.9%.

The increasing demand for recreational boats is anticipated to boost the demand for the boat-building market.

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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 are traded between entities or sold to end consumers.

Global Boat Building Market Segments Include:

By Type: Recreational Boats, Commercial Boats, Military Boats, Others

By Propulsion: Motor Boats, Sail Boats

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. Among these regions, North America was the largest region in the boat building market in 2021.

The development of autonomous boats is gaining popularity in the boat building market. Top companies in the market are developing technologically advanced autonomous boats to maintain their position in a competitive business environment.

TBRC’s boat building market report covers:

Major Market Players: Armstrong Marine USA Inc., Brunswick Corporation (BC), Survitec Group, Ancasta International Boat Sales Ltd, Metal Shark, Gulf Craft LLC, Dakota Creek Industries Inc., and 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 (2016-21) and ten years forecast (2022-2026-2031)

The Boat Building Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 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, leading competitor revenues, profiles and market shares.

TBRC’s boat building market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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