DUBLIN--(BUSINESS WIRE)--The "Boat Building And Repairing Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
The global boat building and repairing market is expected to grow from $34.87 billion in 2021 to $38.16 billion in 2022 at a compound annual growth rate (CAGR) of 9.4%. The market is expected to grow to $52.6 billion in 2026 at a compound annual growth rate (CAGR) of 8.4%.
Major companies in the boat building and repairing market include BRP Inc, Berkshire Hathaway Inc, BRUNSWICK CORPORATION, Fincantieri SpA, Groupe Beneteau, Daewoo shipbuilding & marine engineering, Malibu Boats, Polaris, MasterCraft Boat Holdings, and Marine Products Corporation.
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 main types in the boat building and repairing market are boat building and boat repairing. The boat building and repairing market refers to the facility that is used primarily for the maintenance and construction of boats. The various propulsion include motorboats, sailboats. These are used in private use, commercial use, and military use.
Asia Pacific was the largest region in the boat building and repairing market in 2021. North America was the second-largest region in the boat building and repairing market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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.
Boatbuilding 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.
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, 2021, By Region, Value ($ Billion)
10.2. Global Boat Building And Repairing Market, 2016-2021, 2021-2026F, 2031F, 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, 2016-2021, 2021-2026F, 2031F, $ Billion
- Boat Building
- Boat Repairing
11.2. Global Boat Building And Repairing Market, Segmentation By Propulsion, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- Motor Boats
- Sail Boats
11.3. Global Boat Building And Repairing Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- Private Use
- Commercial Use
- Milatary Use
12. Boat Building And Repairing Market Metrics
12.1. Boat Building And Repairing Market Size, Percentage Of GDP, 2016-2026, Global
12.2. Per Capita Average Boat Building And Repairing Market Expenditure, 2016-2026, Global
Companies Mentioned
- BRP Inc.
- Berkshire Hathaway Inc.
- BRUNSWICK CORPORATION
- Fincantieri SpA
- Groupe Beneteau
- Daewoo shipbuilding & marine engineering
- Malibu Boats
- Polaris
- MasterCraft Boat Holdings
- Marine Products Corporation
For more information about this report visit https://www.researchandmarkets.com/r/6i1i6w
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