Market Overview:
The global fiberglass inflatable 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 fiberglass inflatable boats in military and tourism applications. Fiberglass inflatable boats are also being used in other applications such as fishing, transportation, and research & rescue operations. North America is expected to lead the global fiberglass inflatable boats market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
A fiberglass inflatable boat is a boat made of fiberglass and reinforced with an internal bladder of synthetic rubber or plastic. The bladder, often called a "tube," contains low-pressure air and gives the vessel its shape.
Less Than 50 HP:
The less than 50 HP segment is expected to grow at a significant rate over the forecast period. The growth can be attributed to the rise in demand for fuel-efficient and compact powerboats, which are easy to handle on account of their lightweight design.
In addition, manufacturers have been striving towards improving safety features in boats such as adding water resistance and increasing passenger capacity by using high strength material for manufacturing inflatable boats.
50-100 HP:
50-100 HP is the power range which is generally required in fiberglass inflatable boats. It can be used with outboard engines or inboard motors. The 50-100 HP power range is popular among users as it provides a better speed and performance than less than 50HP motorized boats.
The market for fiberglass inflatable boats has been growing significantly over the past few years owing to its features such as stability, handling ability, speed, safety.
Application Insights:
The military application segment accounted for a major share in the global fiberglass inflatable boats market and is expected to witness significant growth over the forecast period. The rising need for boats, particularly by countries such as U.S., Canada, Australia and New Zealand among others has resulted in an increased demand from the defense industry. Moreover, these vessels are used by various military teams including Special Operations Forces (SOF), coastal patrolling units and riverine warfare units among others.
The tourism industry also accounted for a significant share in 2017 owing to increasing leisure activities at sea among all age groups of people including adults along with family members.
Regional Analysis:
North America dominated the global industry in 2017 and is expected to continue its dominance over the forecast period. The U.S., in particular, is one of the most important markets for these boats due to increasing demand from both military and recreational sectors. Europe accounted for a significant share of revenue in 2017 owing to rising popularity of watersports activities, especially wakeboarding and waterskiing along with other leisure activities on lakes, rivers and coastal areas.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to growing product demand as a result of increased tourism industry across countries such as Thailand, Malaysia & Singapore among others which are popular tourist destinations renowned for their natural beauty coupled with adventure sports opportunities such as white-water rafting or kayaking under waterfalls or around islands offering unique sceneries that cannot be found anywhere else on Earth thus making them ideal places for boating adventures at sea.
Growth Factors:
- Increasing demand for leisure boats and sports boats
- Rising disposable income of the consumers
- Technological advancements in the manufacturing process of fiberglass inflatable boats
- Growing popularity of water sports and adventure tourism
- Government initiatives to promote tourism sector
Scope Of The Report
Report Attributes
Report Details
Report Title
Fiberglass Inflatable Boats Market Research Report
By Type
Less Than 50 HP, 50-100 HP, 100-200 HP, More Than 200 HP
By Application
Military, Tourism Industry, Other
By Companies
Extender, Qingdao Lian Ya Boat, CHINA MACHINERY ENGINEERING, Achilles Inflatable Crafts, China Lee Boat Manufacturing, AB Marine Group, GRAND MARINE, Wuxi Funsor Marine Equipment, FourSeas, Willard Marine, WALKER BAY BOATS, Rigid Boats
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Fiberglass Inflatable Boats Market Report Segments:
The global Fiberglass Inflatable Boats market is segmented on the basis of:
Types
Less Than 50 HP, 50-100 HP, 100-200 HP, More Than 200 HP
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
Military, Tourism Industry, 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:
- Extender
- Qingdao Lian Ya Boat
- CHINA MACHINERY ENGINEERING
- Achilles Inflatable Crafts
- China Lee Boat Manufacturing
- AB Marine Group
- GRAND MARINE
- Wuxi Funsor Marine Equipment
- FourSeas
- Willard Marine
- WALKER BAY BOATS
- Rigid Boats
Highlights of The Fiberglass Inflatable 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:
- Less Than 50 HP
- 50-100 HP
- 100-200 HP
- More Than 200 HP
- By Application:
- Military
- Tourism Industry
- 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 Fiberglass Inflatable 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
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- Consumer Insights
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- Product & Brand Management
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- 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?
Fiberglass Inflatable Boats are made of a lightweight, durable material that is inflated with air. They are perfect for watersports and fishing because they have a shallow draft and can be easily transported.
Some of the major players in the fiberglass inflatable boats market are Extender, Qingdao Lian Ya Boat, CHINA MACHINERY ENGINEERING, Achilles Inflatable Crafts, China Lee Boat Manufacturing, AB Marine Group, GRAND MARINE, Wuxi Funsor Marine Equipment, FourSeas, Willard Marine, WALKER BAY BOATS, Rigid Boats.
The fiberglass inflatable boats 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 Fiberglass Inflatable Boats 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 Fiberglass Inflatable Boats Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fiberglass Inflatable Boats 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 Fiberglass Inflatable Boats 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 Fiberglass Inflatable Boats Market Size & Forecast, 2020-2028
4.5.1 Fiberglass Inflatable Boats Market Size and Y-o-Y Growth
4.5.2 Fiberglass Inflatable Boats 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 Less Than 50 HP
5.2.2 50-100 HP
5.2.3 100-200 HP
5.2.4 More Than 200 HP
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 Military
6.2.2 Tourism Industry
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fiberglass Inflatable Boats 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 Fiberglass Inflatable Boats 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 Less Than 50 HP
9.6.2 50-100 HP
9.6.3 100-200 HP
9.6.4 More Than 200 HP
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 Military
9.10.2 Tourism Industry
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 Less Than 50 HP
10.6.2 50-100 HP
10.6.3 100-200 HP
10.6.4 More Than 200 HP
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 Military
10.10.2 Tourism Industry
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 Less Than 50 HP
11.6.2 50-100 HP
11.6.3 100-200 HP
11.6.4 More Than 200 HP
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 Military
11.10.2 Tourism Industry
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 Less Than 50 HP
12.6.2 50-100 HP
12.6.3 100-200 HP
12.6.4 More Than 200 HP
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 Military
12.10.2 Tourism Industry
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 Less Than 50 HP
13.6.2 50-100 HP
13.6.3 100-200 HP
13.6.4 More Than 200 HP
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 Military
13.10.2 Tourism Industry
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 Fiberglass Inflatable Boats Market: Competitive Dashboard
14.2 Global Fiberglass Inflatable Boats Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Extender
14.3.2 Qingdao Lian Ya Boat
14.3.3 CHINA MACHINERY ENGINEERING
14.3.4 Achilles Inflatable Crafts
14.3.5 China Lee Boat Manufacturing
14.3.6 AB Marine Group
14.3.7 GRAND MARINE
14.3.8 Wuxi Funsor Marine Equipment
14.3.9 FourSeas
14.3.10 Willard Marine
14.3.11 WALKER BAY BOATS
14.3.12 Rigid Boats
