Market Overview:
The global boat rocket market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for boats and yachts, and the need for safety and security measures while sailing. The parachute signal type segment is expected to dominate the global boat rocket market during the forecast period, owing to its low cost and easy installation.
Product Definition:
A boat rocket is a type of water toy that is propelled by air pressure. It consists of a small, hard-sided boat that sits on top of a large, inflated balloon. The balloon is connected to the boat with a narrow tube. When the balloon is inflated, it pushes the air through the tube and into the boat, propelling it forward. Boat rockets are popular among children because they are easy to use and provide lots of excitement as they race across the water.
Parachute Signal:
Parachute signal is a distress call used by pilots during an emergency to indicate that they need immediate assistance. The signal is transmitted over the radio or visually from the aircraft by releasing a small chaff-like material which expands into a large parachute and creates a distinctive noise.
The primary function of parachutes in aircraft is to create an opening for evacuation of passengers in case of emergencies such as fire, collision, or landing gear malfunction.
Distress:
The distress call is a signal used to attract the attention of passing ships or boats. It is usually made by lowering a red flag or by using other visual signals such as lights. The distress call can also be activated manually in case of an emergency with no power source.
Distress calls are mainly used for attracting the attention of passing vessels.
Application Insights:
The boats segment dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The rising demand for personal watercraft, including jet skis and WaveRunners, among young people has been a major factor driving this segment. Moreover, increasing disposable income of consumers in countries like China and India has also positively influenced this application segment.
Yachts are expected to be the fastest-growing application sector over the forecast period owing to growing awareness about safety equipment required while sailing at sea as well as on lakes & oceans. Rising demand for luxury yachts with advanced features such as satellite navigation systems is also likely to drive this application sector significantly over the next eight years. Other applications include rescue boats, patrol boats, freighters and tugs among others. These vessels are widely used for commercial purposes such as coastal patrolling or riverine operations due to their large payload capacity compared with other vessels of same size class operating within these sectors globally (2018-2030).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing disposable income, growing popularity of water sports and recreational activities, such as fishing, scuba diving, kayaking and canoeing. Increasing demand for luxury yachts has also positively impacted regional growth. Furthermore, countries like China have been hosting various international sporting events; these events have led to an increase in spending on recreational boats/yachts in this region.
Europe was estimated at USD X million in 2017 owing to high product demand from Germany and U.K., which are among the major markets of this region. Moreover European countries including France Italy Spain Portugal Russia are renowned for their scenic beauty which has led them become popular tourist destinations attracting people from across the world especially during summer season; boat owners use these watersports for leisure time activity thus boosting product sales significantly over the past few years (see Figure 1).
Growth Factors:
- Increasing demand for boats and yachts owing to rising disposable income of people.
- Growing popularity of boat racing and other water sports activities.
- Proliferation of boating clubs, marinas, and yacht clubs across the world.
- Technological advancements in boat manufacturing that make them more efficient and durable than ever before
Scope Of The Report
Report Attributes
Report Details
Report Title
Boat Rocket Market Research Report
By Type
Parachute Signal, Distress, Other
By Application
Boats, Yachts, Other
By Companies
Canepa & Campi, Chemring Marine, Comet, Forwater, Hansson Pyrotech, Canepa & Campi
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
219
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Boat Rocket Market Report Segments:
The global Boat Rocket market is segmented on the basis of:
Types
Parachute Signal, Distress, Other
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
Boats, Yachts, Other
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:
- Canepa & Campi
- Chemring Marine
- Comet
- Forwater
- Hansson Pyrotech
- Canepa & Campi
Highlights of The Boat Rocket 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:
- Parachute Signal
- Distress
- Other
- By Application:
- Boats
- Yachts
- Other
- 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 Rocket 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?
Boat Rocket is a mobile app that helps people find and book boat rentals in their area.
Some of the major players in the boat rocket market are Canepa & Campi, Chemring Marine, Comet, Forwater, Hansson Pyrotech, Canepa & Campi.
The boat rocket market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Boat Rocket 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 Rocket Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Boat Rocket 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 Rocket 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 Rocket Market Size & Forecast, 2020-2028
4.5.1 Boat Rocket Market Size and Y-o-Y Growth
4.5.2 Boat Rocket 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 Parachute Signal
5.2.2 Distress
5.2.3 Other
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 Boats
6.2.2 Yachts
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Boat Rocket 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 Rocket 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 Parachute Signal
9.6.2 Distress
9.6.3 Other
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 Boats
9.10.2 Yachts
9.10.3 Other
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 Parachute Signal
10.6.2 Distress
10.6.3 Other
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 Boats
10.10.2 Yachts
10.10.3 Other
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 Parachute Signal
11.6.2 Distress
11.6.3 Other
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 Boats
11.10.2 Yachts
11.10.3 Other
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 Parachute Signal
12.6.2 Distress
12.6.3 Other
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 Boats
12.10.2 Yachts
12.10.3 Other
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 Parachute Signal
13.6.2 Distress
13.6.3 Other
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 Boats
13.10.2 Yachts
13.10.3 Other
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 Rocket Market: Competitive Dashboard
14.2 Global Boat Rocket Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Canepa & Campi
14.3.2 Chemring Marine
14.3.3 Comet
14.3.4 Forwater
14.3.5 Hansson Pyrotech
14.3.6 Canepa & Campi
