Global Leisure Boat Market in Construction Machinery & Heavy Trucks Industry|Discover Company Insights in Technavio – Yahoo Finance

NEW YORK, July 18, 2021 /PRNewswire/ — North America contributes to the highest incremental growth of 59% of the leisure boat market during the forecast period, as per Technavio.

Technavio has announced its latest market research report titled Leisure Boat Market by Product and Geography - Forecast and Analysis 2021-2025

Technavio has announced its latest market research report titled Leisure Boat Market by Product and Geography – Forecast and Analysis 2021-2025

AB Volvo, Azimut Benetti SpA, and Bavaria Yachtbau GmbH are the three major market participants for the leisure boat market.

“Increasing customer engagement in marinas and recreational boating activities and increasing demand for outboard powerboats will further boost market growth during the forecast period,” says a senior analyst at Technavio.

Technavio offers an up-to-date analysis regarding the current global market scenario and the overall market environment.
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Impact of COVID-19

The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. COVID-19 will have at Par on the leisure boat market. As per Technavio’s pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.

The leisure boat market in the construction machinery & heavy trucks is expected to grow by USD 30.01 billion, progressing at a CAGR of over 8% during 2021-2025, as per the new report from Technavio. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

Leisure Boat Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025

  • Detailed information on factors that will assist leisure boat market growth during the next five years

  • Estimation of the leisure boat market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the leisure boat market

  • Analysis of the market’s competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of leisure boat market vendors

Leisure Boat Market 2021-2025: Vendor Analysis and Scope

To help businesses improve their market position, Technavio provides a detailed analysis of around 25 vendors operating in the leisure boat market. AB Volvo, Azimut Benetti SpA, Bavaria Yachtbau GmbH, BENETEAU SA, Bombardier Recreational Products Inc., Brunswick Corp., Chaparral Boats Inc., FERRETTI SpA, Iconic Marine Group, and Yamaha Motor Co. Ltd. are some of the major market participants.

This study identifies the technological integration in leisure boats as one of the prime reasons driving the leisure boat market growth during the next few years.

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR46622

Reasons to Buy the Report:

  • Leverage latest data mapping the technological advancements

  • Find deeper market insights and forecast information about current market developments.

  • Explore insights on key market accelerating factors.

  • Identify potential threats to market growth.

  • Understand the impact of trends likely to influence market growth positively or negatively.

Key Topics Covered:

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About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Report link: https://www.technavio.com/report/leisure-boat-market-industry-analysis

Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

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SOURCE Technavio