The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The growing boating sector is likely to spur innovation in marina manufacturing, propelling the market during the forecast period.

The global marinas market is expected to grow from $18.08 billion in 2022 to $18.87 billion in 2023 at a compound annual growth rate (CAGR) of 4.4%. The global marinas market size is expected to reach $22.84 billion in 2027 at a CAGR of 4.9%.

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Global Marinas Market Segments Include:

• By Type: Private, Public, Commercial
• By Port Type: Seaport, Inland Port
• By Application: Pleasure Marinas, Fishing Marinas, Commercial Marinas, Military Marinas
• 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 is the largest region in the global marinas market in 2021.

Major Market Players in the marinas market include Fassmer GmbH & Co. KG, FB Design, LOMOcean Design, Sunbird International Yacht, W MARINE Inc., Bellingham Marine, Marinetek, Meeco Sullivan, SF Marina Systems, Ingemar S.R.L.

Environmental sustainability is a trendy concept in the marinas market. Companies in the marinas sector are implementing environmental sustainability strategies to strengthen their market position. Installing alternative energy sources such as solar and wind turbines could help the marina increase its efficiency and better meet its energy needs. MDL Marinas Ltd, a UK-based marina development and operations company, for example, placed solar edge panels in May 2021. MDL has erected 100 Solar Edge panels at its Cobb’s Quay Marina, where the generated electricity is used locally and any extra energy is given back into the system. Previously to Cobb’s Quay Marina, the business erected solar panels at Hamble Point and Ocean Village marinas, contributing 150,000 kWh of electricity from April 2020 to February 2021, the equivalent of planting 1,500 trees per year.

The Marinas Global Market Report 2023 provides a marinas market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The marinas market forecast analyzes marinas market size, marinas 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 marina is a type of water-based infrastructure that is commonly located in harbours, docks, or basins with easy access to larger bodies of water and where yachts and other small boats can be moored. Marinas offer a variety of services and alternatives, including docking, mooring, sales, service, storage, and winterization.

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