price
Get this report for lesser with our subscription services
While subscription services provide a hassle-free experience and cost savings.
GO TO SECTION:
Speak With Us
Want to know more about the report or any specific requirement?
About The Report
DOWNLOAD SAMPLE“Dive deep into the Europe recreational boat market with detailed, granular-level analysis. Navigate the vast sea of opportunities and anchor any business in the most promising segments for the future. Uncover hidden business opportunities that will pave the way for the next big innovation. Meticulous competitor analysis, paired with strategic insights, will empower sales and marketing endeavours, leading towards unparalleled success.”
The Europe recreational boat market, valued at $11.94 billion in 2022, is on an upward trajectory and is predicted to touch the $17.63 billion mark by 2028, marking a CAGR of 6.72%. This positive surge is attributed to the burgeoning interest in recreational boating and favorable economic tailwinds, establishing a promising horizon for the industry.
A significant contributor to Europe's economy and leisure sector, this market has amplified revenues and propelled job creation across the region. However, challenges emerge from stringent marine ecosystem protection and safety regulations, potentially tempering growth projections in the coming years.
Despite its expansive growth, environmental sustainability remains at the heart of the European recreational boat industry. Regulatory measures, such as strict emission and noise limits alongside waste disposal mandates, underscore this commitment. Trends signal a tilt towards sustainable boating, driven by eco-friendly power supplies, recyclable materials, and the growing relevance of nautical tourism. To further amplify this, manufacturers are delving into sustainable boating technologies, such as solar panels, which are eco-conscious and efficient in energy production.
Recent studies, including the April 2023 exploration on sustainable on-water propulsion, aim to align industry offerings with boater needs. Notable industry players like Groupe Beneteau are already ahead of the curve, with their brand, Delphia, introducing electric yachts and visions for a fully electric propulsion future. Concurrently, advancements in battery technology are propelling the rise of electric boats, exemplified by models like the Azimut Grande 26 M.
Furthermore, the region's flourishing tourism sector, punctuated by water sports, boat shows, and festivals, bolsters the demand for recreational boats. The rental boat paradigm, however, presents an intriguing challenge. By offering boating experiences sans ownership commitments, rental services might inhibit potential new boat sales. Addressing this calls for innovative marketing, emphasizing the benefits of boat ownership over transient rental experiences.
In the backdrop, the competitive landscape of the European recreational boat market is intensifying. Dominated by major players like Azimut-Benetti Group and Groupe Beneteau, the market is witnessing strategic collaborations and acquisitions, setting the stage for an exciting era in the European boating world.
KEY HIGHLIGHTS:
- The Europe recreational boat market has experienced significant growth and demand in recent years, with a notable impact on the region’s economy and leisure industry. The rising interest in recreational boating, coupled with favorable economic conditions, has contributed to this surge in demand, creating a promising future for the industry.
- The Europe recreational boat market is witnessing robust growth due to several factors. Firstly, rising disposable incomes across the region have enabled more individuals and families to pursue leisure activities, including boating. As people seek outdoor experiences and engage in water-based recreation, the demand for recreational boats has surged.
- Electric boats have emerged as a new and significant trend in the boat market. Driven by a growing emphasis on eco-friendliness and sustainability, these watercraft produce zero emissions during operation, appealing to environmentally conscious consumers. Technological advancements in battery technology and electric propulsion systems have improved their performance and range, making them more competitive with traditional boats.
- Alternative energy source options are one of the biggest trends in the recreational boating market. Energy sources like Solar panels can be installed on recreational crafts to generate electricity that is then used to powerboat appliances or to support propulsion in the case of an electric or hybrid-powered boat.
- Digital technologies, such as augmented reality (AR) applications, are being used to provide customers with interactive boat customization experiences, allowing them to visualize and personalize their dream boats. Smart navigation systems and digital integration enhance safety and convenience during boating activities. High-end boat manufacturers like Azimut-Benetti group, Sunseeker, Groupe Beneteau, and many other prominent vendors that provide these kinds of technologies are gaining an advantage over other competitors.
- In July 2023, Groupe Beneteau, one of the key vendors, and Volvo Penta (a marine and industrial and industrial engine manufacturer) teamed up to host collaborative, hands-on testing for a hybrid-electric system incorporated into a leisure boat that featured cutting-edge advances in sustainability, intuitive operation, and near-silent cruising that will cater its sustainability boating.
Client Oriented Solutions
Arizton provides in-depth market insights and intelligence across various sectors, including Automotive & Mobility, Data Centers, Consumer Goods, and Healthcare & Lifesciences.
Analytical Approach
Arizton focuses on providing information related to key issues facing the industry, Existing market landscape, regulatory concerns, risk & opportunities, technology evolution, future commercial potential.
Comprehensive Data Repository
The reports provide historical and forecast data for 20+ key countries worldwide. We track product approvals/launches, M&A activities, and collaboration/partnership activities.
Publication Analysis
Arizton delivers timely industry updates and customized insights by analyzing peer-reviewed research and business publications.
price
Get this report for lesser with
our subscription services
Summary
REPORT HIGHLIGHTS
SEGMENTATION & FORECAST
• Type (Revenue & Volume)
- Outboard Boats
- Inboard/Sterndrive Boats
- Personal Watercrafts
- Superyachts
- Others
• Power (Revenue & Volume)
- Engine-powered boats
- Man-powered boats
- Sail-propelled boats
• Activity (Revenue & Volume)
- Cruise Tourism
- Water sports
- Fishing
• Boat Size (Revenue & Volume)
- 30-50 Feet Boats
- <30 Feet Boats
- >50 Feet Boats
MARKET STRUCTURE
• Market Dynamics
• Competitive Landscape of Europe Recreational Boat Market
• Key Vendors
• Other Prominent Vendors
APPENDIX
• Research Methodology
• Abbreviations
• About Arizton
LIST OF VENDORS
Key Vendors
• Azimut-Benetti Group
• Bombardier Recreational Product (BRP)
• Ferretti
• Groupe Beneteau
• Sunseeker
Other Prominent Vendors
• Malibu Boats
• HanseYachts
• BAVARIA YACHTS
• Princess Yachts
• Grand Banks Yachts
• Fountaine Pajot
• Sunreef Yachts
• Sessa Marine
• Lurssen
• X-Yachts
• Solaris Yachts
• Salona Yachts
• Greenline Yachts
• Nautor Swan
• Amel Yachts
Report Preview
DOWNLOAD SAMPLEPlease Note : Arizton critically analyzes the industry and market sectors to provide reliable and valuable market intelligence. The research-based knowledge empowers clients to formulate intelligent strategies, resulting in creative, cost-effective, and efficient execution.
Table Of Contents
- Executive Summary
- Introduction
- Key Findings
- Europe: Projected Revenue of Recreational Boat Market (2023-2028; $Billions)
- Europe: Projected Volume of Recreational Boat Market (2023-2028; Units)
- Europe: Projected Revenue by Type (2023-2028); (Revenue $BN)
- Boat Type Snapshot
- Outboard boats
- Inboard/Sterndrive boats
- Personal Watercrafts
- Superyachts
- Others
- Europe: Projected Units by Type (2023-2028); (Units)
- Boat Type Snapshot
- Outboard boats
- Inboard/Sterndrive boats
- Personal Watercrafts
- Superyachts
- Others
- Europe: Projected Revenue by Power Type (2023-2028; (Revenue $BN)
- Power Type Snapshot
- Engine-powered boats
- Manual-powered boats
- Sail-propelled boats
- Europe: Projected Units by Power Type (2023-2028; (Units)
- Power Type Snapshot
- Engine-powered boats
- Manual-powered boats
- Sail-propelled boats
- Europe: Projected Revenue by Activity (2023-2028; (Revenue $BN)
- Activity Type Snapshot
- Cruise Tourism
- Watersports
- Fishing
- Europe: Projected Units by Activity (2023-2028; (Units)
- Activity Type Snapshot
- Cruise Tourism
- Watersports
- Fishing
- Europe: Projected Revenue by Boat Size (2023-2028; (Revenue $BN)
- Boat Size Snapshot
- 30-50 Feet Boats
- <30 Feet Boats
- >50 Feet Boats
- Europe: Projected Units by Boat Size (2023-2028; (Units)
- Boat Size Snapshot
- 30-50 Feet Boats
- <30 Feet Boats
- >50 Feet Boats
- Europe Recreational Boat Market Trends
- Europe Recreational Boat Market Drivers
- Europe Recreational Boat Market Constraints
- Europe Recreational Boat Market - Competitive Landscape
- Europe Recreational Boat Market - Key Players
- Europe Recreational Boat Market – Other Prominent Vendors
- Research Methodology
- Abbreviations
- About Arizton
Exhibit 1: Europe recreational Boat Market 2018-2028 ($ billion)
Exhibit 2: Europe recreational Boat Market 2018-2028 (units)
Exhibit 3: Outboard Boats Market 2018-2028 ($ billion)
Exhibit 4: Outboard Boats Market 2018-2028 (units)
Exhibit 5: Inboard/Sterndrive Boats Market 2018-2028 ($ billion)
Exhibit 6: Inboard/Sterndrive Boats Market 2018-2028 (units)
Exhibit 7: Personal Watercraft Boats (PWC) Market 2018-2028 (($ billion)
Exhibit 8: Personal Watercraft Boats (PWC) Market 2018-2028 (units)
Exhibit 9: Superyachts Market 2018-2028 ($ billion)
Exhibit 10: Superyachts Market 2018-2028 (units)
Exhibit 11: Other Boats Market 2018-2028 ($ billion)
Exhibit 12: Other Boats Market 2018-2028 (units)
Exhibit 13: Engine-Powered Boats Market 2018-2028 ($ billion)
Exhibit 14: Engine-Powered Boats Market 2018-2028 (units)
Exhibit 15: Sail-Propelled Boats Market 2018-2028 ($ billion)
Exhibit 16: Sail-Propelled Boats Market 2018-2028 (units)
Exhibit 17: Man-Powered Boats Market 2018-2028 ($ billion)
Exhibit 18: Man-Powered Boats Market 2018-2028 (units)
Exhibit 19: Cruise Tourism Market 2018-2028 ($ billion)
Exhibit 20: Cruise Tourism Market 2018-2028 (units)
Exhibit 21: Water sports Market 2018-2028 ($ billion)
Exhibit 22: Water sports Market 2018-2028 (units)
Exhibit 23: Fishing Market 2018-2028 ($ billion)
Exhibit 24: Fishing Market 2018-2028 (units)
Exhibit 25: 30-50 Feet Boat Market 2018-2028 ($ billion)
Exhibit 26: 30-50 Feet Boat Market 2018-2028 (units)
Exhibit 27: 30 Feet Boat Market 2018-2028 ($ billion)
Exhibit 28: <30 Feet Boat Market 2018-2028 (units)
Exhibit 29:>50 Feet Boat Market 2018-2028 ($ billion)
Exhibit 30:>50 Feet Boat Market 2018-2028 (units)
Exhibit 31: Italy Recreational Boat Market 2018-2028 ($ billion)
Exhibit 32: Italy Recreational Boat Market 2018-2028 (units)
Exhibit 33: Netherlands Recreational Boat Market 2018-2028 ($ billion)
Exhibit 34: Netherlands Recreational Boat Market 2018-2028 (units)
Exhibit 35: UK Recreational Boat Market 2018-2028 ($ billion)
Exhibit 36: UK Recreational Boat Market 2018-2028 (units)
Exhibit 37: Germany Recreational Boat Market 2018-2028 ($ billion)
Exhibit 38: Germany Recreational Boat Market 2018-2028 (units)
Exhibit 39: France Recreational Boat Market 2018-2028 ($ billion)
Exhibit 40: France Recreational Boat Market 2018-2028 (units)
Exhibit 41: Poland Recreational Boat Market 2018-2028 ($ billion)
Exhibit 42: Poland Recreational Boat Market 2018-2028 (units)
Exhibit 43: Spain Recreational Boat Market 2018-2028 ($ billion)
Exhibit 44: Spain Recreational Boat Market 2018-2028 (units)
Exhibit 45: Norway Recreational Boat Market 2018-2028 ($ billion)
Exhibit 46: Norway Recreational Boat Market 2018-2028 (units)
Exhibit 47: Europe recreational Boat Market 2022-2028 ($ billion)
Exhibit 48: Europe recreational Boat Market 2022-2028 (units)
Exhibit 49: Europe recreational Boat Market by Type 2022–2028
Exhibit 50: Europe recreational Boat Market by Type 2022–2028
Exhibit 51: Market by Inboard/Sterndrive Boats 2022-2028 ($ billion)
Exhibit 52: Market by Inboard/Sterndrive Boats 2022-2028 (units)
Exhibit 53: Market by Outboard Boats 2022-2028 ($ billion)
Exhibit 54: Market by Outboard Boats 2022-2028 (units)
Exhibit 55: Market by Personal Watercraft Boats (PWC) 2022-2028 ($ billion)
Exhibit 56: Market by Personal Watercraft Boats (PWC) 2022-2028 (units)
Exhibit 57: Market by Superyachts 2022-2028 ($ billion)
Exhibit 58: Market by Superyachts 2022-2028 (units)
Exhibit 59: Market by Other Boats 2022-2028 ($ billion)
Exhibit 60: Market by Other Boats 2022-2028 (units)
Exhibit 61: Europe recreational Boat Market by Power 2022–2028
Exhibit 62: Europe creational Boat Market by Power 2022–2028
Exhibit 63: Market by Engine-powered Boats 2022-2028 ($ billions)
Exhibit 64: Market by Engine-powered Boats 2022-2028 ($ billions)
Exhibit 65: Market by Sail-propelled Boats 2022-2028 ($ billion)
Exhibit 66: Market by Sail-propelled Boats 2022-2028 (units)
Exhibit 67: Market by Man-powered Boats 2022-2028 ($ billion)
Exhibit 68: Market by Man-powered Boats 2022-2028 (units)
Exhibit 69: Europe recreational Boat Market by Activity 2022–2028
Exhibit 70: Europe recreational Boat Market by Activity 2022–2028
Exhibit 71: Market by Cruise Tourism 2022-2028 ($ billion)
Exhibit 72: Market by Cruise Tourism 2022-2028 (units)
Exhibit 73: Market by Water sports 2022-2028 ($ billion)
Exhibit 74: Market by Water sports 2022-2028 (units)
Exhibit 75 Market by Fishing 2022-2028 ($ billion)
Exhibit 76: Market by Fishing 2022-2028 (units)
Exhibit 77: Europe recreational Boat Market by Boat Size 2022–2028
Exhibit 78: Europe recreational Boat Market by Boat Size 2022–2028
Exhibit 79: Market by 30-50 Feet Boats 2022-2028 ($ billion)
Exhibit 80: Market by 30-50 Feet Boats 2022-2028 (units)
Exhibit 81: Market by <30 Feet Boats 2022-2028 ($ billion)
Exhibit 82: Market by <30 Feet Boats 2022-2028 (units)
Exhibit 83: Market by >50 Feet Boats 2022-2028 ($ billion)
Exhibit 84: Market by >50 Feet Boats 2022-2028 (units)
Exhibit 85: Europe recreational Boat Market by Geography 2022–2028
Exhibit 86: Europe recreational Boat Market by Geography 2022–2028
Exhibit 87: Italy Recreational Boat Market 2022-2028 ($ billion)
Exhibit 88: Italy Recreational Boat Market 2022-2028 (units)
Exhibit 89: Netherlands Recreational Boat Market 2022-2028 ($ billion)
Exhibit 90: Netherlands Recreational Boat Market 2022-2028 (units)
Exhibit 91: France Recreational Boat Market 2022-2028 ($ billion)
Exhibit 92: France Recreational Boat Market 2022-2028 (units)
Exhibit 93: UK Recreational Boat Market 2022-2028 ($ billion)
Exhibit 94: UK Recreational Boat Market 2022-2028 (units)
Exhibit 95: Poland Recreational Boat Market 2022-2028 ($ billion)
Exhibit 96: Poland Recreational Boat Market 2022-2028 (units)
Exhibit 97: Germany Recreational Boat Market 2022-2028 ($ billion)
Exhibit 98: Germany Recreational Boat Market 2022-2028 (units)
Exhibit 99: Spain Recreational Boat Market 2022-2028 ($ billion)
Exhibit 100: Spain Recreational Boat Market 2022-2028 (units)
Exhibit 101: Norway Recreational Boat Market 2022-2028 ($ billion)
Exhibit 102: Norway Recreational Boat Market 2022-2028 (units)
Table 1: Quantitative Summary Revenue Europe Recreational Boat Market
Table 2: Quantitative Summary Units Europe Recreational Boat Market
Table 3: Quantitative Summary Projected Revenue by Boat Type
Table 4: Quantitative Summary Projected Units by Boat Type
Table 5: Quantitative Summary Projected Revenue by Power Type
Table 6: Quantitative Summary Projected Units by Power Type
Table 7: Quantitative Summary Projected Revenue by Activity Type
Table 8: Quantitative Summary Projected Units by Activity Type
Table 9: Quantitative Summary Projected Revenue by Boat Size
Table 10: Quantitative Summary Projected Units by Boat Size
Interested in this report?
Other Related Reports
Frequently Asked Questions
Download Free Sample
Download free market research reports by Focus Reports covering, industry overview, market size, market share.
Speak with our analyst
Download free market research reports by Arizton covering, industry overview, market size, market share, markets trends.