Market Overview:
The global commercial boat engine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for boats for recreational activities, such as cruising and racing, and the rising popularity of daysailers. In addition, the growing tourism industry is also contributing to the growth of this market. The global commercial boat engine market can be segmented on the basis of type into open cockpit and enclosed cockpit engines. The open cockpit engines segment is expected to account for a larger share of the global commercial boat engine market than enclosed cockpit engines during the forecast period. This can be attributed to their lower cost as compared with enclosed cockpit engines and their easy installation process. On the basis of application,the global commercial boat enginemarket can be divided into cruising, racing, daysailer, and other applications such as fishing or water sports activities like skiing or wakeboarding etc.
Product Definition:
A commercial boat engine is an engine that is used in a boat that is used for business purposes. This type of engine can be diesel or gasoline powered and can be either inboard or outboard. A commercial boat engine may be required to meet certain emissions requirements, depending on the area in which it will be operated.
Open Cockpit:
Open cockpit is an engine configuration that allows access to the boat's interior from the main cabin. In this type of setup, there is no partition between the pilot house and passenger area. The open cockpit design offers benefits such as increased headroom, better forward visibility and accessibility, less noise due to lower vibration levels in comparison with a closed or enclosed cockpit.
Enclosed Cockpit:
The enclosed cockpit is a design feature, which came into existence primarily to provide an area for the crew to take shelter from wind and weather. However, it has evolved as a place where the passengers can also relax and have some privacy. The trend of having an enclosed cockpit in boats that are used for personal watercraft racing or recreational boating has been around for quite some time now.
Application Insights:
The cruising application segment accounted for the largest revenue share of over 40% in 2017. The demand for these engines is expected to increase as a result of growing leisure activities and tourism in various countries such as the U.S., China, India, Australia and New Zealand among others. In addition, factors such as increasing disposable income owing to rapid growth in economies such as India and China are likely to drive the product demand over the forecast period.
Racing applications accounted for a significant market share in terms of revenue generation in 2017 owing to increased participation by professional teams across major regions including Europe, North America and Asia Pacific among others which has resulted in increased utilization of racing boats with advanced technology commercial engine systems installed on them thus contributing towards higher market share estimates.
Regional Analysis:
North America dominated the global commercial boat engine market in terms of revenue with a share of over 40.0% in 2017. This is attributed to the high demand for recreational boating activities and fishing as a leisure activity by consumers, which has increased significantly over the years. The U.S.
Asia Pacific is expected to witness significant growth during forecast period owing to increasing disposable income among middle-class population groups coupled with government initiatives promoting marine tourism along coastal areas in countries such as India, Thailand.
Growth Factors:
- Increasing demand for commercial boats and yachts
- Rising disposable income of the middle-class population
- Proliferation of leisure activities such as fishing, sailing, and cruising
- Technological advancements in boat engine design and manufacturing
- Growing popularity of eco-tourism
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Boat Engine Market Research Report
By Type
Open Cockpit, Enclosed Cockpit
By Application
Cruising, Racing, Daysailer, Other
By Companies
Hanse, Dehler, Moody, Elan d.o.o., Pogo Structures, Esse Boats, Allures Yachting, Tofinou, Grand Soleil Yachts, Saffier Yachts, Wauquiez, CN Franck Roy, Domani Yachts, Astillero del Sur, Pointer Yachts, Reliant Yachts, Sirius Werft GmbH, ALBATROSS YACHTS, ALUBAT CHANTIER NAVAL, Contest Yachts
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
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Boat Engine Market Report Segments:
The global Commercial Boat Engine market is segmented on the basis of:
Types
Open Cockpit, Enclosed Cockpit
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
Cruising, Racing, Daysailer, 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:
- Hanse
- Dehler
- Moody
- Elan d.o.o.
- Pogo Structures
- Esse Boats
- Allures Yachting
- Tofinou
- Grand Soleil Yachts
- Saffier Yachts
- Wauquiez
- CN Franck Roy
- Domani Yachts
- Astillero del Sur
- Pointer Yachts
- Reliant Yachts
- Sirius Werft GmbH
- ALBATROSS YACHTS
- ALUBAT CHANTIER NAVAL
- Contest Yachts
Highlights of The Commercial Boat Engine 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:
- Open Cockpit
- Enclosed Cockpit
- By Application:
- Cruising
- Racing
- Daysailer
- 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 Commercial Boat Engine 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
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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 commercial boat engine is a type of engine used on boats. They are typically smaller and more powerful than recreational boat engines. Commercial engines are often used in larger boats, such as ferries and cruise ships.
Some of the key players operating in the commercial boat engine market are Hanse, Dehler, Moody, Elan d.o.o., Pogo Structures, Esse Boats, Allures Yachting, Tofinou, Grand Soleil Yachts, Saffier Yachts, Wauquiez, CN Franck Roy, Domani Yachts, Astillero del Sur, Pointer Yachts, Reliant Yachts, Sirius Werft GmbH, ALBATROSS YACHTS, ALUBAT CHANTIER NAVAL, Contest Yachts.
The commercial boat engine 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 Commercial Boat Engine 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 Commercial Boat Engine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Boat Engine 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 Commercial Boat Engine 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 Commercial Boat Engine Market Size & Forecast, 2020-2028
4.5.1 Commercial Boat Engine Market Size and Y-o-Y Growth
4.5.2 Commercial Boat Engine 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 Open Cockpit
5.2.2 Enclosed Cockpit
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 Cruising
6.2.2 Racing
6.2.3 Daysailer
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Boat Engine 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 Commercial Boat Engine 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 Open Cockpit
9.6.2 Enclosed Cockpit
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 Cruising
9.10.2 Racing
9.10.3 Daysailer
9.10.4 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 Open Cockpit
10.6.2 Enclosed Cockpit
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 Cruising
10.10.2 Racing
10.10.3 Daysailer
10.10.4 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 Open Cockpit
11.6.2 Enclosed Cockpit
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 Cruising
11.10.2 Racing
11.10.3 Daysailer
11.10.4 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 Open Cockpit
12.6.2 Enclosed Cockpit
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 Cruising
12.10.2 Racing
12.10.3 Daysailer
12.10.4 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 Open Cockpit
13.6.2 Enclosed Cockpit
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 Cruising
13.10.2 Racing
13.10.3 Daysailer
13.10.4 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 Commercial Boat Engine Market: Competitive Dashboard
14.2 Global Commercial Boat Engine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hanse
14.3.2 Dehler
14.3.3 Moody
14.3.4 Elan d.o.o.
14.3.5 Pogo Structures
14.3.6 Esse Boats
14.3.7 Allures Yachting
14.3.8 Tofinou
14.3.9 Grand Soleil Yachts
14.3.10 Saffier Yachts
14.3.11 Wauquiez
14.3.12 CN Franck Roy
14.3.13 Domani Yachts
14.3.14 Astillero del Sur
14.3.15 Pointer Yachts
14.3.16 Reliant Yachts
14.3.17 Sirius Werft GmbH
14.3.18 ALBATROSS YACHTS
14.3.19 ALUBAT CHANTIER NAVAL
14.3.20 Contest Yachts
