Pune, India -- (SBWire) -- 11/13/2018 --Boating is the leisurely activity of travelling by boat, or the recreational use of a boat whether powerboats, sailboats, or man-powered vessels (such as rowing and paddle boats), focused on the travel itself, as well as sports activities, such as fishing or waterskiing.
Emerging trends, which have a direct impact on the dynamics of the recreational boating industry, include increasing use of absorbed glass mat (AGM) batteries in powerboats due to it's impressive battery lives and long lifespan than lithium-ion batteries and use of synthetic material to manufacture deck to reduce usage of wood.
The use of innovative battery technology that will improve the performance of the engine and power electronic equipment. The AGM and gel batteries are called sealed valve regulated lead-acid (SVRLA) batteries. These batteries use sulphuric acid as an electrolyte to conduct electricity and are completely sealed and can be mounted on its sides or edges without the fear of spillages or leaks. These batteries are cheaper than lithium-ion batteries, and their performance is better than lead-acid batteries. The increasing adoption of these gel and AGM batteries will improve the performance of boats and boost the growth of the boating industry. The lower price of these products makes it an affordable choice for boaters since they can be recharged quickly at higher rates.
In 2018, the market size of Recreational Rowing Boats is xx million US$ and it will reach xx million US in 2025, growing at a CAGR of xx% from 2018; while in China, the market size is valued at xx million US$ and will increase to xx million US in 2025, with a CAGR of xx% during forecast period.
In this report, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Recreational Rowing Boats.
This study researches the market size of Recreational Rowing Boats in United States, European Union and China, presents the Recreational Rowing Boats production, consumption, value, product price, market share and growth rate by companies, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
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For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2013 to 2018.
In United States, European Union and China market, the following companies are covered:
Brunswick Corporation
Beneteau
Ferretti
Azimut-Benetti
Marine Products Corporation
Grand Banks Yachts
Sanlorenzo
Sunseeker
Amels-Damen
Feadship
Princess Yachts
Heesen Yachts
Horizon
Gulf Craft
Fipa Group
Overmarine
Alexander Marine
Oceanco
Christensen
Market Segment by Product Type
Inboard & sterndrive
Outboard Sailboat
Others
Market Segment by Application
Fishing
Water Skiing
Travel
Others
Key Regions split in this report:
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
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The study objectives are:
To analyze and research the Recreational Rowing Boats status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Recreational Rowing Boats manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Recreational Rowing Boats are as follows:
History Year: 2013-2018
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
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Recreational Rowing Boats Market - Market Players Eyeing to Penetrate Into Emerging Nations with Untapped Opportunities
Global (United States, European Union and China) Recreational Rowing Boats Market Research Report 2018-2025