Strategies For Global Boat Building Market Players In 2022-2026 Market Forecast Period
The Business Research Company’s Boat Building Global Market Report 2022: Market Size, Trends And Forecast To 2026
LONDON, GREATER LONDON, UK, June 28, 2022 /EINPresswire.com/ -- According to ‘Boat Building Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the 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%. As per TVRC’s boat building industry report the 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 boat building market growth.
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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 Trends
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.
Global Boat Building Market Segments
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 global boat building market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America accounts for the largest share.
Read more on the global boat building market report at:
https://www.thebusinessresearchcompany.com/report/boat-building-global-market-report
Boat Building Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides boat building global market overviews, boat building global market analysis and forecasts market size and growth for the global boat building market, boat building global market share, boat building global market segments and geographies, boat building market players, boat building global market leading competitor revenues, profiles and market shares. The boat building market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Boat Building Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key 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.
And so much more.
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About The Business Research Company?
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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