DUBLIN--(BUSINESS WIRE)--The "Boat Building and Repairing Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.

Boat Building and Repairing Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global boat building and repairing market as it emerges from the COVID-19 shut down.

Major companies in the boat building and repairing market include Brunswick Corporation; Riviera; Holyhead Boatyard Ltd; Ancasta International Boat Sales Ltd and Survitec Survival Craft Ltd.

The global boat building and repairing market is expected to grow from $41.09 billion in 2020 to $43.95 billion in 2021 at a compound annual growth rate (CAGR) of 7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $57.11 billion in 2025 at a CAGR of 7%.

The boat building and repairing market consists of sales of boats and boat building and repairing services 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. The boat building and repairing market is segmented into boat building and boat repairing.

North America was the largest region in the global boat building and repairing market, accounting for 37% of the market in 2020. Asia Pacific was the second largest region accounting for 36% of the global boat building and repairing market. Africa was the smallest region in the global boat building and repairing market.

Boat building companies are increasingly using 3d printing technology in the manufacture of boats. 3D printing involves the building of three-dimensional objects using a digital model by laying successive layers of material. 3D printing provides boat manufacturers with advantages such as adjustability, cost reduction and convenience.

Manufacturing companies are focusing on new products especially for fishing and water sports. Many high-end yachts are already using 3D printed parts. For instance, in the USA, the UMaine (University of Maine) team built the largest 3D printed boat using the largest prototype polymer 3D Printer.

Advances in technology are expected to be a continued driver of market growth in the forecast period. The global boat building and repairing industry has experienced many technological advances in the last decade and this trend is expected to intensify.

The new features to expect in boats include autonomous driving, black finishing, wellness features, modern lighting, driver override systems, comprehensive tracking, active health monitoring and reconfigurable body panels. These innovations are expected to drive the boat building and repairing market during the forecast period.

Key Topics Covered:

1. Executive Summary

2. Report Structure

3. Boat Building and Repairing Market Characteristics

3.1. Market Definition

3.2. Key Segmentations

4. Boat Building and Repairing Market Product Analysis

4.1. Leading Products/ Services

4.2. Key Features and Differentiators

4.3. Development Products

5. Boat Building and Repairing Market Supply Chain

5.1. Supply Chain

5.2. Distribution

5.3. End Customers

6. Boat Building and Repairing Market Customer Information

6.1. Customer Preferences

6.2. End Use Market Size and Growth

7. Boat Building and Repairing Market Trends and Strategies

8. Impact of COVID-19 on Boat Building and Repairing

9. Boat Building and Repairing Market Size and Growth

9.1. Market Size

9.2. Historic Market Growth, Value ($ Billion)

9.2.1. Drivers of the Market

9.2.2. Restraints on the Market

9.3. Forecast Market Growth, Value ($ Billion)

9.3.1. Drivers of the Market

9.3.2. Restraints on the Market

10. Boat Building and Repairing Market Regional Analysis

10.1. Global Boat Building and Repairing Market, 2020, by Region, Value ($ Billion)

10.2. Global Boat Building and Repairing Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region

10.3. Global Boat Building and Repairing Market, Growth and Market Share Comparison, by Region

11. Boat Building and Repairing Market Segmentation

11.1. Global Boat Building and Repairing Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

• Boat Building
• Boat Repairing

12. Boat Building and Repairing Market Metrics

12.1. Boat Building and Repairing Market Size, Percentage of GDP, 2015-2025, Global

12.2. Per Capita Average Boat Building and Repairing Market Expenditure, 2015-2025, Global

Companies Mentioned

• Brunswick Corporation
• Riviera
• Holyhead Boatyard Ltd
• Ancasta International Boat Sales Ltd
• Survitec Survival Craft Ltd

For more information about this report visit https://www.researchandmarkets.com/r/1vebmo

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