Market Overview:
The global foiling sailboats market is expected to register a CAGR of 7.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing popularity of sailing as a recreational activity and the rising demand for high-performance sailboats. Based on type, the monohulls segment is expected to lead the global foiling sailboats market during the forecast period. This can be attributed to their lower cost and easy handling as compared to catamarans and trimarans. However, catamarans are anticipated to witness higher growth rates owing to their superior performance and stability in rough seas conditions. By application, sports competition is projected to account for a larger share of the global foiling sailboats market during 2018-2030.
Product Definition:
Sailing boats that use foils to generate lift and reduce drag, allowing them to reach higher speeds than traditional sailing boats. The importance of foiling sailboats is that they can travel faster with less effort, making them more efficient and competitive.
Monohulls:
Monohulls are one design, sailing vessels that have a structural core through the middle of the vessel, which reduces wind resistance and helps in fast sailing. The concept is similar to that of an ice hockey stick; however, instead of using skates the hull is used as a source for propulsion.
Catamarans:
Catamarans are a type of sailboat that is generally flat-bottomed and built with a large number of thin sails set up in various configurations. The catamarans design offers high speed and the ability to carry a large amount of sail, which makes it popular among world-class sailing athletes as well as beginners who want to experience sailing without any complications.
The global catamaran market size was valued at USD 2 billion in 2016.
Application Insights:
Sports competition was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The increasing popularity of sports such as windsurfing, waterskiing, and surfing has boosted demand for foiling sailboats globally. Furthermore, countries such as Brazil have hosted major international events including World Championships in waterskiing which has further propelled demand for foil-based boats across the globe.
The recreational segment is also expected to grow at a significant rate during the forecast period owing to rising disposable income among middle-class population coupled with improved standard of living. Growing trend towards spending more time outdoors especially on holidays along with growing interest among adults regarding activities that require some physical effort will drive demand for foiling sailboats Recreational applications are widely used by people who like active lifestyles or adventure seeking individuals who prefer not using motorized vessels but still want to experience some fun while sailing around lakes and oceans worldwide.
Regional Analysis:
North America dominated the global foiling sailboats market in 2017. The region is expected to witness a significant rise in demand for recreational and sports catamarans and monohulls over the forecast period. This can be attributed to growing popularity of water based activities, such as wakeboarding, waterskiing, kayaking, canoeing etc., which are projected to increase spending on leisure products by consumers. In addition, increasing participation in marine sports is also anticipated to drive regional product demand over the next eight years.
Asia Pacific is expected to register considerable growth rate from 2018 to 2030 owing high investment by manufacturers on development of technologically advanced products with enhanced performance characteristics at competitive prices for target markets including China and India.
Growth Factors:
- Increasing demand for luxury products: The global Foiling Sailboats market is witnessing a significant growth due to the increasing demand for luxury products. This is mainly because of the increase in disposable income of consumers, especially in developed countries.
- Technological advancements: The development of new technologies has led to the introduction of advanced and innovative Foiling Sailboats models in the market, which are attracting a large number of consumers.
- Rising popularity of sailing as a recreational activity: Sailing is gaining popularity as a recreational activity among people across different age groups, which is propelling the growth of the Foiling Sailboats market.
- Growing awareness about environmental benefits offered by sailing boats: There is an increasing awareness among people about the environmental benefits offered by sailing boats, such as reducing carbon emissions and noise pollution levels, which is boosting demand for these boats worldwide. 5) Emerging economies offer lucrative opportunities: The global Foiling Sailboats market offers lucrative opportunities to players owing to rising disposable income and growing interest in sailing among people in emerging economies such as China and India
Scope Of The Report
Report Attributes
Report Details
Report Title
Foiling Sailboats Market Research Report
By Type
Monohulls, Catamarans, Trimarans
By Application
Sports Competition, Recreational
By Companies
Pogo Structures, QUANTBOATS, SEAir, Nautor Holding, BENETEAU, Infiniti Yachts, Skeeta Foiling Craft, EPN aval, Provela, CEC Catamarans GmbH, RS Sailing
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
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Foiling Sailboats Market Report Segments:
The global Foiling Sailboats market is segmented on the basis of:
Types
Monohulls, Catamarans, Trimarans
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
Sports Competition, Recreational
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:
- Pogo Structures
- QUANTBOATS
- SEAir
- Nautor Holding
- BENETEAU
- Infiniti Yachts
- Skeeta Foiling Craft
- EPN aval
- Provela
- CEC Catamarans GmbH
- RS Sailing
Highlights of The Foiling Sailboats 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:
- Monohulls
- Catamarans
- Trimarans
- By Application:
- Sports Competition
- Recreational
- 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 Foiling Sailboats 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?
Foiling sailboats are designed to foil the wind by using their sails to create a V-shape in the air. This causes the wind to hit both sides of the boat at once, which creates more drag and slows down the boat.
Some of the major players in the foiling sailboats market are Pogo Structures, QUANTBOATS, SEAir, Nautor Holding, BENETEAU, Infiniti Yachts, Skeeta Foiling Craft, EPN aval, Provela, CEC Catamarans GmbH, RS Sailing.
The foiling sailboats market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Foiling Sailboats 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 Foiling Sailboats Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Foiling Sailboats 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 Foiling Sailboats 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 Foiling Sailboats Market Size & Forecast, 2020-2028
4.5.1 Foiling Sailboats Market Size and Y-o-Y Growth
4.5.2 Foiling Sailboats 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 Monohulls
5.2.2 Catamarans
5.2.3 Trimarans
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 Sports Competition
6.2.2 Recreational
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Foiling Sailboats 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 Foiling Sailboats 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 Monohulls
9.6.2 Catamarans
9.6.3 Trimarans
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 Sports Competition
9.10.2 Recreational
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 Monohulls
10.6.2 Catamarans
10.6.3 Trimarans
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 Sports Competition
10.10.2 Recreational
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 Monohulls
11.6.2 Catamarans
11.6.3 Trimarans
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 Sports Competition
11.10.2 Recreational
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 Monohulls
12.6.2 Catamarans
12.6.3 Trimarans
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 Sports Competition
12.10.2 Recreational
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 Monohulls
13.6.2 Catamarans
13.6.3 Trimarans
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 Sports Competition
13.10.2 Recreational
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 Foiling Sailboats Market: Competitive Dashboard
14.2 Global Foiling Sailboats Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Pogo Structures
14.3.2 QUANTBOATS
14.3.3 SEAir
14.3.4 Nautor Holding
14.3.5 BENETEAU
14.3.6 Infiniti Yachts
14.3.7 Skeeta Foiling Craft
14.3.8 EPN aval
14.3.9 Provela
14.3.10 CEC Catamarans GmbH
14.3.11 RS Sailing
