Market Overview:
The global boat display 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 the increasing demand for luxury boats and rising awareness about boating and sailing activities. In terms of type, the LED segment is expected to grow at a higher CAGR than other segments during the forecast period. This can be attributed to factors such as low power consumption, durability, and high brightness levels offered by LED displays. By application, commercial applications are expected to account for a larger share of the global boat display market in 2018.
Product Definition:
A Boat Display is a type of trade show exhibit that typically features a number of different boats on display. This can be an important marketing tool for boat manufacturers and dealers, as it allows potential customers to see the boats up close and learn more about their features. Boat displays can also be used to promote water sports and other activities that take place on or near the water.
LED:
The global LED boat display market size was valued at USD 2.5 billion in 2016 and is expected to witness a CAGR of XX% over the forecast period.
LCD:
LCD is Liquid Crystal Display. LCDs are used in boat displays for the purpose of offering a variety of functions and information to the user. The major application areas include entertainment, navigation, and instrument panels. They offer high resolution, better viewing angle than CRT monitors (in most cases), touch screens & resistive digitizer panels for inputting data, along with built-in speakers so that users can enjoy their time spent on these devices more effectively without headphones or external speakers.
Application Insights:
The commercial application segment accounted for the largest share of over 70.0% in 2017. The growing tourism industry has led to an increased demand for boats in resorts, cruise ships and lakeside hotels across the world. Boats are used as a mode of transport on water and serve as a meeting point for passengers traveling together before they board the vessel, which is another major factor contributing to their high demand in this segment.
The transportation application segment is expected to witness significant growth over the forecast period owing to increasing investments by governments and private companies in developing waterways infrastructure including locks & dams, bridges & tunnels, sea walls & dikes along with other marine structures such as mooring facilities at ports along these waterways worldwide.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing disposable income, rising tourism activities, and expanding commercial sector. China has become a major hub for entertainment events owing to huge demand from tourists as well as sports enthusiasts. Increasing number of public venues such as shopping malls and multiplex theaters is also driving the industry growth in this region.
Europe accounted for more than 25% share of global revenue in 2017 owing to growing popularity of marine tourism across countries such as Croatia, Greece, Italy, Montenegro, Portugal and Spain which are anticipated to boost industry expansion over next eight years. Moreover European countries have some of the best water based attractions that attract tourist throughout the year including Aqua-Dunkirk (France), Schlitterbahn (Germany), Plitvice Lakes National Park (Croatia) among others that are expected boost industry penetration during forecast period 8%.
Growth Factors:
- Increasing demand for luxury boats: The global boat display market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand for luxury boats. This is mainly due to the increase in disposable income and rising popularity of leisure activities among consumers.
- Growing tourism industry: The growth of the tourism industry is another major factor driving the boat display market growth. Boats are used as a means of transportation by tourists visiting different places, thereby boosting demand for boats and their displays globally.
- Technological advancements: Boat displays are becoming more technologically advanced with each passing day, which is resulting in an increase in their sales across different regions worldwide. This can be attributed to manufacturers’ focus on developing innovative products that offer enhanced features and better performance than traditional displays available in the market currently..
Scope Of The Report
Report Attributes
Report Details
Report Title
Boat Display Market Research Report
By Type
LED, LCD, Others
By Application
Commercial, Transportation, Entertainment, Others
By Companies
Floscan, Nasa Marine, Raymarine, Simrad Yachting, Volvo Penta, Garmin, Cruzpro, B & G, CCS-Inc, Furuno, Floscan, FW Murphy, Lowrance, Maretron, Motronica, SeaStar Solutions, Seiwa, Smart Switch Technologies
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
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Boat Display Market Report Segments:
The global Boat Display market is segmented on the basis of:
Types
LED, LCD, Others
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, Transportation, Entertainment, 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:
- Floscan
- Nasa Marine
- Raymarine
- Simrad Yachting
- Volvo Penta
- Garmin
- Cruzpro
- B & G
- CCS-Inc
- Furuno
- Floscan
- FW Murphy
- Lowrance
- Maretron
- Motronica
- SeaStar Solutions
- Seiwa
- Smart Switch Technologies
Highlights of The Boat Display 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:
- LED
- LCD
- Others
- By Application:
- Commercial
- Transportation
- Entertainment
- 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 Boat Display 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.
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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 boat display is a static or moving exhibit of boats, either on land or in water.
Some of the key players operating in the boat display market are Floscan, Nasa Marine, Raymarine, Simrad Yachting, Volvo Penta, Garmin, Cruzpro, B & G, CCS-Inc, Furuno, Floscan, FW Murphy, Lowrance, Maretron, Motronica, SeaStar Solutions, Seiwa, Smart Switch Technologies.
The boat display market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Boat Display Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Boat Display Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Boat Display Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Boat Display Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Boat Display Market Size & Forecast, 2020-2028 4.5.1 Boat Display Market Size and Y-o-Y Growth 4.5.2 Boat Display Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 LED
5.2.2 LCD
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Transportation
6.2.3 Entertainment
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Boat Display Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Boat Display Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 LED
9.6.2 LCD
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Transportation
9.10.3 Entertainment
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 LED
10.6.2 LCD
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Transportation
10.10.3 Entertainment
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 LED
11.6.2 LCD
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Transportation
11.10.3 Entertainment
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 LED
12.6.2 LCD
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Transportation
12.10.3 Entertainment
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 LED
13.6.2 LCD
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Transportation
13.10.3 Entertainment
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Boat Display Market: Competitive Dashboard
14.2 Global Boat Display Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Floscan
14.3.2 Nasa Marine
14.3.3 Raymarine
14.3.4 Simrad Yachting
14.3.5 Volvo Penta
14.3.6 Garmin
14.3.7 Cruzpro
14.3.8 B & G
14.3.9 CCS-Inc
14.3.10 Furuno
14.3.11 Floscan
14.3.12 FW Murphy
14.3.13 Lowrance
14.3.14 Maretron
14.3.15 Motronica
14.3.16 SeaStar Solutions
14.3.17 Seiwa
14.3.18 Smart Switch Technologies