US Recreational Boating Market Analysis, Growth by Top Companies, Trends and Forecast to 2024
Category: #reports  By Ronak Bora  Date: 2020-04-09
  • share
  • Twitter
  • Facebook
  • LinkedIn

US Recreational Boating Market Analysis, Growth by Top Companies, Trends and Forecast to 2024

As the presence of a robust economy continues to bolster the boating expenditures and new boat sales, the overall capital expenditure and manufacturing optimism are likely to be at its best - marking one of the strongest periods on record for the US recreational boating market expansion. The growth trajectory of US recreational boating market is further expected to register healthy gains as the industry players are thriving to bring new technologies, products, and collaboration across all the segments. Enumerated below are some recent initiatives that are bound to proliferate the commercialization matrix of the United States recreational boating industry.

Azimut Benetti Group to launch manufacturing operation in Georgia

The world’s leading yacht manufacturer Azimut Benetti Group has recently made it to the headlines for starting its operation in Georgia. Presumably, its entry marks significant contribution in the regional economy, while also revolutionizing the boat building industry. Reports claim that Azimut Benetti, a leader in boat production has the most expensive sales network in the boating market across the globe, with 138 sites in 68 countries.  

Get sample copy of this research report @ https://www.decresearch.com/request-sample/detail/2806

The agreement is also poised to benefit the country with substantial rise in visitors and tourists interested in water & sport activities, in turn fueling the US recreational boating market. The operations in Georgia are also expected to witness advancements in electric seats, large frameless windows, and walnut interiors that will allow passengers to focus more on the recreational activities.

Brunswick completes acquisition of Power Products

According to reports, Brunswick Corporation has recently completed its $910 million acquisition of Power Products’ Global Marine & Mobile business, that includes the specialty vehicle, industrial power, global marine, and transportation aftermarket products of Power Products. For the record, Power Products, is a leading provider of battery and electrical products for the specialty and recreational vehicles market.

With this acquisition, Brunswick is expected to add a highly attractive, broad, and complementary product portfolio for the US recreational boating market space. Reports state that the new portfolio of Brunswick will include Blue Sea Systems, Czone, Marinco, Del City, Mastervolt, Ancor, BEP, Park Power, Progressive Industries, ProMariner, and Lenco Marine under its global Mercury Marine P&A business.

Crestliner introduces new Sprint pontoon

Crestliner, an Otsego-based manufacturer of premium fishing, utility, fish & sport, and hunting boats has recently announced that it will be adding the new Sprint Series to its popular pontoon line-up. The Sprint is ideal for novice boaters and comes nearly a year after the company’s comeback in the pontoon market with the successful Rally Series. Considering the rising level of interest in the pontoons for relishing water sports and other activities such as fishing and cruising, Crestliner is expected to draw notable remuneration from the expanding United States recreational boating market. Reportedly, the Sprint Series will be available in three sizes ranging from 16, 18, and 20 feet, and will come in two layouts - Fish & Cruise and Cruise.

Make an inquiry for purchasing this report @ https://www.decresearch.com/inquiry-before-buying/2806

Besides from the significant contribution made by the leading companies, US recreational boating market trends are also likely to transform with considerable government support to upgrade and maintain boating infrastructure. The US Fish and Wildlife Service, for instance, has announced grants worth USD 14 million in 2015 to maintain the boating infrastructure & support the manufacturers. Driven by such supportive initiatives and escalating product demand, the US recreational boating industry is certain to take a deeper dive in terms of the revenue landscape.

Table of Contents (ToC) of the report:

 

Chapter 4.     US Recreational Boating Market, By Product

4.1. U.S. recreational boating market share by product, 2017 & 2024

4.2. Inboard

4.2.1.  Market estimates and forecasts, 2013 – 2024

4.2.2.  Market estimates and forecast, by state, 2013 – 2024

4.3. Outboard

4.3.1.  Market estimates and forecasts, 2013 – 2024

4.3.2.  Market estimates and forecast, by state, 2013 – 2024

4.4. Inflatables

4.4.1.  Market estimates and forecasts, 2013 – 2024

4.4.2.  Market estimates and forecast, by state, 2013 – 2024

4.5. Sail boats

4.5.1.  Market estimates and forecasts, 2013 – 2024

4.5.2.  Market estimates and forecast, by state, 2013 – 2024

4.6. Personal watercrafts

4.6.1.  Market estimates and forecasts, 2013 – 2024

4.6.2.  Market estimates and forecast, by state, 2013 – 2024

Chapter 5.     US Recreational Boating Market, By Power

5.1. U.S. recreational boating market share by power, 2017 & 2024

5.2. Engine powered

5.2.1.  Market estimates and forecasts, 2013 – 2024

5.2.2.  Market estimates and forecast, by state, 2013 – 2024

5.3. Man powered

5.3.1.  Market estimates and forecasts, 2013 – 2024

5.3.2.  Market estimates and forecast, by state, 2013 – 2024

5.4. Sail propelled

5.4.1.  Market estimates and forecasts, 2013 – 2024

5.4.2.  Market estimates and forecast, by state, 2013 – 2024

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/us-recreational-boating-market



About Author

Ronak Bora

Email: [email protected]   

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

Read More

More News By Ronak Bora

Global Missile Composites Market: Good Opportunity to Hit New Growth Level 2020-2026
Global Missile Composites Market: Good Opportunity to Hit New Growth Level 2020-2026
By Ronak Bora

The research report on Missile Composites Market, in substance, presents an exclusive understanding of the vast expanse of the business space in question. The report comprises a gist of the industry by means of providing an executive summary, indu...

Railway Aftermarket Future Challenges and Industry Growth Outlook 2026
Railway Aftermarket Future Challenges and Industry Growth Outlook 2026
By Ronak Bora

According to reports, third party/component supplier are anticipated to maintain nearly 20% of the railway aftermarket revenue share by 2026. Component suppliers are employing latest technologies like advanced ana...

Middle East District Cooling Market Analysis, Trends, Top Manufacturers, Growth, Opportunities and Forecast to 2025
Middle East District Cooling Market Analysis, Trends, Top Manufacturers, Growth, Opportunities and Forecast to 2025
By Ronak Bora

The Middle East district cooling market outlook is likely to witness a major transformation in the years ahead on account of the significant rise in the construction of shopping complexes, hospitals, malls, office buil...