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Advances in technology are expected to be a continued driver of market growth in the forecast period, as per The Business Research Company’s boat building market opportunities and strategies report.

The boat building market is expected to reach $48.35 billion in 2025 at a rate of 6.8%. The boat building market is then expected to grow at a CAGR of 5.3% from 2025 and reach $62.67 billion in 2030.

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Major players in the boat building market include Brunswick Boat Group, General Dynamics, Groupe Beneteau, Azimut-Benetti Group, Ferretti S.P.A.

Boat building manufacturers are increasingly offering self-sailing boats to cater to the growing demand for autonomous sailing. Self-sailing boats are designed with software that allow boats to independently move from point-to-point, avoiding obstacles and working with other boats along the way. A number of maritime businesses are using remote control and self-sailing boats. These autonomous self-sailing boats are also being adopted for ocean research.

The Global Boat Building Market Is Segmented:
By Type: Recreational Boats, Commercial Boats, Military Boats

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.

TBRC’s Boat Building Market Report Covers:

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 Market Report 2022 – Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides thorough boat building market research, analyzes and forecasts boat building market size, boat building market share, boat building market players, boat building market trends, boat building market segmentation 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.

The boat building market consists of sales of new boats and related services by entities (organizations, sole traders and partnerships) that operate boatyards. Boatyards are fixed facilities with drydocks and fabrication equipment capable of building boats, including dinghies, hovercrafts, motorboats, rowboats, yachts, sailboats, and inflatable rubber boats.

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