Market Overview:
The global fishing vessel market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as an increase in demand for seafood, rise in disposable income, and technological advancements. The global fishing vessel market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into below 14 feet, 14-16 feet, and above 16 feet segments. The below 14 feet segment is projected to grow at a CAGR of 5% during the forecast period from 2018 to 2030 due to its low cost and easy maneuverability. However, this segment accounted for a small share of the overall fishing vessel market in 2017 owing to its limited applications in commercial fisheries operations compared with larger vessels.
Product Definition:
A fishing vessel is a boat or ship used for the commercial exploitation of fish and other aquatic animals.
Below 14 Feet:
Below 14 feet is a generic term used for vessels that are less than 23 m (75 ft) in length. The size of the vessel is determined by its usage and function. For instance, recreational boats are smaller in size as they are used for personal use and have limited functionalities such as fishing, swimming or transportation. On the other hand, commercial fishing boats can be larger in size with more capabilities such as towing other vessels or carrying heavy loads at once.
14-16 Feet:
14-16 feet is the length of a standard fishing vessel. It is used to fish in deeper waters and larger species such as marlin, tuna, swordfish or bluefin. The average depth of these fish varies between 1000 and 6000 feet depending on the location and time of year. A 14-16 foot boat can generally accommodate up to 6 passengers which makes it suitable for family outings or small groups traveling together for fishing adventure.
Application Insights:
The commercial application segment accounted for the largest share of more than 60.0% in 2017. The growth can be attributed to the increasing demand for seafood, which is driving the expansion of existing fishing fleets at a global level. In addition, this segment also includes vessels used by trawling companies and others who fish commercially such as government agencies and research institutions.
The recreational application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to growing awareness among people about adopting healthy lifestyle habits including regular exercise and diet controlled by doctors advice especially in developed countries like U.S., Canada, U K.
Regional Analysis:
Asia Pacific dominated the global fishing vessels market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to factors such as growing population and rising disposable income of consumers. Moreover, increasing industrialization and rapid economic growth in developing countries are anticipated to fuel industry expansion over the coming years.
The Asia Pacific regional market comprises China, South Korea, Japan, Indonesia and India among other Southeast Asian countries. These nations have a long coastline with abundant marine resources that are utilized for commercial purposes by various industries including fishing activities run by recreational anglers or commercial parties from time to time during their stay at sea (fishing trip). This scenario is further supplemented by strong government support aimed at promoting maritime trade activities across these nations through various policies & regulations framed for coastal development projects along with favorable amendments made in maritime laws & regulations pertaining to recreational fishing activities on board foreign registered vessels operating within Indonesian waters (Indonesia Sea).
Growth Factors:
- Increasing demand for seafood products is expected to drive the fishing vessel market growth over the forecast period.
- Proliferation of aquaculture and increase in fish farming are anticipated to fuel the fishing vessel market growth.
- Growing popularity of recreational fishing is projected to boost the demand for fishing vessels over the next few years.
- Technological advancements in boatbuilding materials and design are estimated to create new opportunities for market players during the forecast period. 5 Emerging economies such as China, India, and Brazil are expected to offer lucrative opportunities for Fishing Vessel manufacturers in terms of revenue generation during the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Fishing Vessel Market Research Report
By Type
Below 14 Feet, 14-16 Feet, Above 16 Feet
By Application
Commercial, Recreational Fishing
By Companies
Brunswick Corporation, White River Marine Group, Damen Shipyards, Zamakona Yards, Duckworth Boats, Master Boat Builders, Astilleros Armon, Karstensens Skibsvaerft, Kleven Verft, Correct Craft, Smoker Craft
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Fishing Vessel Market Report Segments:
The global Fishing Vessel market is segmented on the basis of:
Types
Below 14 Feet, 14-16 Feet, Above 16 Feet
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
Commercial, Recreational Fishing
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:
- Brunswick Corporation
- White River Marine Group
- Damen Shipyards
- Zamakona Yards
- Duckworth Boats
- Master Boat Builders
- Astilleros Armon
- Karstensens Skibsvaerft
- Kleven Verft
- Correct Craft
- Smoker Craft
Highlights of The Fishing Vessel 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:
- Below 14 Feet
- 14-16 Feet
- Above 16 Feet
- By Application:
- Commercial
- Recreational Fishing
- 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 Fishing Vessel 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
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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?
A fishing vessel is a boat or ship used for catching fish.
Some of the key players operating in the fishing vessel market are Brunswick Corporation, White River Marine Group, Damen Shipyards, Zamakona Yards, Duckworth Boats, Master Boat Builders, Astilleros Armon, Karstensens Skibsvaerft, Kleven Verft, Correct Craft, Smoker Craft.
The fishing vessel market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fishing Vessel 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. Fishing Vessel Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fishing Vessel Market - Supply Chain
4.5. Global Fishing Vessel Market Forecast
4.5.1. Fishing Vessel Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fishing Vessel Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fishing Vessel Market Absolute $ Opportunity
5. Global Fishing Vessel 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. Fishing Vessel Market Size and Volume Forecast by Type
5.3.1. Below 14 Feet
5.3.2. 14-16 Feet
5.3.3. Above 16 Feet
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fishing Vessel 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. Fishing Vessel Market Size and Volume Forecast by Application
6.3.1. Commercial
6.3.2. Recreational Fishing
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fishing Vessel 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. Fishing Vessel 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 Fishing Vessel 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. Fishing Vessel 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 Fishing Vessel Demand Share Forecast, 2019-2026
9. North America Fishing Vessel 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 Fishing Vessel 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 Fishing Vessel Market Size and Volume Forecast by Application
9.4.1. Commercial
9.4.2. Recreational Fishing
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fishing Vessel Market Size and Volume Forecast by Type
9.7.1. Below 14 Feet
9.7.2. 14-16 Feet
9.7.3. Above 16 Feet
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 Fishing Vessel Demand Share Forecast, 2019-2026
10. Latin America Fishing Vessel 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 Fishing Vessel 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 Fishing Vessel Market Size and Volume Forecast by Application
10.4.1. Commercial
10.4.2. Recreational Fishing
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fishing Vessel Market Size and Volume Forecast by Type
10.7.1. Below 14 Feet
10.7.2. 14-16 Feet
10.7.3. Above 16 Feet
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 Fishing Vessel Demand Share Forecast, 2019-2026
11. Europe Fishing Vessel 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 Fishing Vessel 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 Fishing Vessel Market Size and Volume Forecast by Application
11.4.1. Commercial
11.4.2. Recreational Fishing
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fishing Vessel Market Size and Volume Forecast by Type
11.7.1. Below 14 Feet
11.7.2. 14-16 Feet
11.7.3. Above 16 Feet
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 Fishing Vessel Demand Share, 2019-2026
12. Asia Pacific Fishing Vessel 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 Fishing Vessel 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 Fishing Vessel Market Size and Volume Forecast by Application
12.4.1. Commercial
12.4.2. Recreational Fishing
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fishing Vessel Market Size and Volume Forecast by Type
12.7.1. Below 14 Feet
12.7.2. 14-16 Feet
12.7.3. Above 16 Feet
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 Fishing Vessel Demand Share, 2019-2026
13. Middle East & Africa Fishing Vessel 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 Fishing Vessel 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 Fishing Vessel Market Size and Volume Forecast by Application
13.4.1. Commercial
13.4.2. Recreational Fishing
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fishing Vessel Market Size and Volume Forecast by Type
13.7.1. Below 14 Feet
13.7.2. 14-16 Feet
13.7.3. Above 16 Feet
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 Fishing Vessel Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fishing Vessel Market: Market Share Analysis
14.2. Fishing Vessel Distributors and Customers
14.3. Fishing Vessel Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Brunswick Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. White River Marine Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Damen Shipyards
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Zamakona Yards
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Duckworth Boats
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Master Boat Builders
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Astilleros Armon
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Karstensens Skibsvaerft
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kleven Verft
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Correct Craft
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Smoker Craft
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
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
