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Increased cruising is projected to fuel innovation in catamarans manufacturing, propelling the market during the forecast period.

The global catamarans market is expected to grow from $1.36 billion in 2022 to $1.46 billion in 2023 at a compound annual growth rate (CAGR) of 7.47%. The global catamarans market size is expected to reach $1.81 billion in 2027 at a CAGR of 5.62%.

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Global Catamarans Market Segments Include:

• By Product: Sailing Catamarans, Powered Catamarans
• By Size: Small (below 15m), Medium(15m-30m), Large (above 30m)
• By Application: Leisure, Commercial, Defense, Others
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Europe is the largest region in the global catamarans market in 2021.

Major Market Players in the catamarans market include African Cats B V, Voyage Yachts, Bavaria Yachtbau, Catana Group, Seawind Group Holdings Pty Ltd, Outremer Catamarans, Fountaine Pajot, LeisureCat & AussieCat, Robertson & Caine.

Product innovation is a significant trend propelling catamaran market innovation and growth. Many of the industry’s key companies are concentrating on creating new technology and solutions to reduce their environmental effect and increase efficiency. For example, Alva Yachts GMBH, a German-based electric luxury yacht business specialising in solar-powered catamarans, will launch the Ocean Eco 78 in March 2023. It is a one-of-a-kind 23.7-meter multihull yacht with electric power and transatlantic range. It has a large roof designed expressly for the integrated solar panels, which give it a transatlantic range and nearly indefinite autonomy. The solar cells have a capacity of up to 26 kW, while the battery bank has a capacity of up to 490 kWh.

The Catamarans Global Market Report 2023  provides a catamarans market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The catamarans market forecast analyzes catamarans market size, catamarans market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

A catamaran is a boat with two parallel hulls joined by a deck or bridge that provides outstanding stability and speed on the water. They are utilised for sporting and recreational purposes.

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