Market Overview:
The global electric center console boats market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric center console boats for fishing, sports, and dive applications. Additionally, the growing popularity of electric center console boats among consumers in developed economies is also contributing to the growth of this market. The monohull type segment is expected to account for a major share of the global electric center console boats market in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 owing to its high demand among consumers across different regions.
Product Definition:
Electric center console boats are boats that use electric motors to power them. They can be used for a variety of purposes, including fishing, sailing, and touring. Electric center console boats are becoming more and more popular due to their low emissions and fuel efficiency.
Monohull Type:
Monohull type is a vessel that has a single hull or monocoque structure. It's the most basic and traditional form of boat building. In this type of construction, the entire length of the boat is enclosed by a single piece of wood or other flexible material, which can be easily rolled and transformed into an onboard bed. Monohulls are generally used for one person occupancy but some models are designed to accommodate up to four people in certain configurations.
Multihull Type:
Multihull type is a vessel that has more than one hull. It may be used as a generic term for any vessel that has more than one ship-like structure, but it usually refers to a catamaran with two hulls. Multihulls are becoming increasingly popular in the recreational boating industry and this can be attributed to benefits such as stability, safety and comfort offered by these vessels.
Application Insights:
The others application segment includes cruising, fishing, sport and dive applications. The demand for center console boats is expected to be high in the cruise application as it provides comfort and convenience to the passengers. Also, a large number of manufacturers are focusing on developing models that comply with safety requirements set by law enforcement agencies and maritime organizations. This has led to an increase in the number of patrol boats being purchased by police departments across the globe.
Fishing was one of the prominent segments accounting for a significant market share in 2017 owing to increasing demand from countries such as China Japan Russia among others which have been experiencing growth due to rising middle-class population who spend more on recreational activities like fishing trips abroad hence contributing significantly towards overall revenue generation globally since 2015 when this industry started witnessing significant growth globally especially during summer season when most people go on vacation hence driving up demand for these types of vessels around that time frame annually worldwide according to data published by Oceania International Cruises Ltd (OICL).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of over 6% from 2018 to 2030. Increasing number of anglers and recreational boaters in the U.S., coupled with growing popularity for water sports activities such as wakeboarding, waterskiing, and windsurfing has been driving demand for these boats in North America. Furthermore, presence of a large number of manufacturers including Sea-Doo Mfg Inc.; Yamaha Motor Co., Ltd.
Growth Factors:
- Increasing demand for electric center console boats from recreational and commercial users owing to the benefits of electric propulsion over traditional gasoline engines.
- Growing popularity of eco-friendly and low-emission boats among consumers, which is expected to boost the sales of electric center console boats in the coming years.
- Proliferation of advanced technologies such as lithium ion batteries that offer high performance and longer runtimes for electric center console boats, thereby fueling their demand.
- Rising disposable income levels of consumers coupled with growing interest in boating activities is anticipated to spur the growth of the global Electric Center Console Boats market in the near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Center Console Boats Market Research Report
By Type
Monohull Type, Multihull Type
By Application
Fishing, Sport, Dive, Others
By Companies
Duffy, ElectraCraft, Bossoms Boatyard, AquaWatt, Andaman Boatyard, LUXURY SEA, Ray Electric Outboard, XShore, RAND Boats, Mako Marine, Heliodive, Hinckley
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Electric Center Console Boats Market Report Segments:
The global Electric Center Console Boats market is segmented on the basis of:
Types
Monohull Type, Multihull Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Fishing, Sport, Dive, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Duffy
- ElectraCraft
- Bossoms Boatyard
- AquaWatt
- Andaman Boatyard
- LUXURY SEA
- Ray Electric Outboard
- XShore
- RAND Boats
- Mako Marine
- Heliodive
- Hinckley
Highlights of The Electric Center Console Boats Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Monohull Type
- Multihull Type
- By Application:
- Fishing
- Sport
- Dive
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Center Console Boats Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric Center Console Boats are a type of boat that use electric motors to power the boat. This type of boat is often used for fishing, as they are quieter than traditional boats and can move more quickly.
Some of the major companies in the electric center console boats market are Duffy, ElectraCraft, Bossoms Boatyard, AquaWatt, Andaman Boatyard, LUXURY SEA, Ray Electric Outboard, XShore, RAND Boats, Mako Marine, Heliodive, Hinckley.
The electric center console boats market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Center Console Boats Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electric Center Console Boats Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Center Console Boats Market - Supply Chain
4.5. Global Electric Center Console Boats Market Forecast
4.5.1. Electric Center Console Boats Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Center Console Boats Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Center Console Boats Market Absolute $ Opportunity
5. Global Electric Center Console Boats Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Center Console Boats Market Size and Volume Forecast by Type
5.3.1. Monohull Type
5.3.2. Multihull Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Center Console Boats Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Center Console Boats Market Size and Volume Forecast by Application
6.3.1. Fishing
6.3.2. Sport
6.3.3. Dive
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Center Console Boats Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Center Console Boats Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Center Console Boats Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Center Console Boats Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Center Console Boats Demand Share Forecast, 2019-2026
9. North America Electric Center Console Boats Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electric Center Console Boats Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Center Console Boats Market Size and Volume Forecast by Application
9.4.1. Fishing
9.4.2. Sport
9.4.3. Dive
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Center Console Boats Market Size and Volume Forecast by Type
9.7.1. Monohull Type
9.7.2. Multihull Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Center Console Boats Demand Share Forecast, 2019-2026
10. Latin America Electric Center Console Boats Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electric Center Console Boats Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Center Console Boats Market Size and Volume Forecast by Application
10.4.1. Fishing
10.4.2. Sport
10.4.3. Dive
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Center Console Boats Market Size and Volume Forecast by Type
10.7.1. Monohull Type
10.7.2. Multihull Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Center Console Boats Demand Share Forecast, 2019-2026
11. Europe Electric Center Console Boats Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electric Center Console Boats Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Center Console Boats Market Size and Volume Forecast by Application
11.4.1. Fishing
11.4.2. Sport
11.4.3. Dive
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Center Console Boats Market Size and Volume Forecast by Type
11.7.1. Monohull Type
11.7.2. Multihull Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electric Center Console Boats Demand Share, 2019-2026
12. Asia Pacific Electric Center Console Boats Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Center Console Boats Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Center Console Boats Market Size and Volume Forecast by Application
12.4.1. Fishing
12.4.2. Sport
12.4.3. Dive
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Center Console Boats Market Size and Volume Forecast by Type
12.7.1. Monohull Type
12.7.2. Multihull Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Center Console Boats Demand Share, 2019-2026
13. Middle East & Africa Electric Center Console Boats Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Center Console Boats Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Center Console Boats Market Size and Volume Forecast by Application
13.4.1. Fishing
13.4.2. Sport
13.4.3. Dive
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Center Console Boats Market Size and Volume Forecast by Type
13.7.1. Monohull Type
13.7.2. Multihull Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Center Console Boats Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Center Console Boats Market: Market Share Analysis
14.2. Electric Center Console Boats Distributors and Customers
14.3. Electric Center Console Boats Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Duffy
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ElectraCraft
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bossoms Boatyard
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. AquaWatt
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Andaman Boatyard
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. LUXURY SEA
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ray Electric Outboard
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. XShore
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. RAND Boats
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mako Marine
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Heliodive
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hinckley
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
