Market Overview:
The global gas powerboats 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 factors such as increasing demand for personal entertainment, commercial use, and military use of gas powerboats. Additionally, the growing popularity of boating as a leisure activity is also contributing to the growth of this market. The global gas powerboats market can be segmented on the basis of type into small powerboats, medium powerboats, and large powerboats. The small powerboat segment is projected to register highest CAGR during the forecast period owing to its low cost and easy maneuverability. On the basis of application, the global gas powered boats market can be divided into personal entertainment use, commercial use, and military use segments.
Product Definition:
Gasoline-powered boats, also known as gas powerboats, are a type of boat that uses gasoline as its primary source of power. Gasoline-powered boats are important because they provide a means for transportation and recreation.
Small Powerboats:
Small powerboats are generally less than 16-meters in length and can be used by an individual or a couple. Small powerboats have engines of up to 50 horsepower, which is enough for short hauls across the water. The small size of these boats makes them ideal for exploring shallow waters and inland waterways as well as close to shoreline activities such as fishing, swimming, bird watching or just casual cruising.
Medium Powerboats:
Medium Powerboats (MPB) are used as a base model for gas powerboats. MPBs have engines ranging from 50 to 300 HP and can be equipped with up to four stroke or two stroke engines. They are commonly found in watercrafts such as jet skis, personal watercraft, and wakeboards among others.
Application Insights:
The commercial use segment dominated the global gas powerboats market in 2017 and is expected to witness a CAGR of XX% from 2018 to 2030. The growth can be attributed to the growing demand for passenger ferries across countries, such as Italy, France and Spain. In addition, increasing government spending on infrastructure development in emerging economies including China and India is likely to boost product demand over the forecast period.
The military use segment accounted for a significant share of 11% in 2017 owing to rising defense expenditure across various countries including China and Japan. In addition, increasing joint military training between major powers such as U.S., UK Russia France etc.
Regional Analysis:
North America accounted for the largest share of over 40% in 2017. The U.S., being a developed economy, has a well-established infrastructure and is home to some of the most renowned universities and colleges across the globe. As a result, there is an increasing demand for recreational vehicles (RVs) in North America that require power for basic household needs such as lighting, refrigeration, air conditioning and heating among others. This trend will continue to drive industry growth over the forecast period.
Asia Pacific is expected to witness significant growth during the forecast period owing to rising disposable income coupled with growing population especially in developing countries such as China.
Growth Factors:
- Increasing demand for leisure boats and yachts
- Rising disposable income of the middle-class population in developing countries
- Proliferation of water sports and activities
- Technological advancements in gas powerboat engines and propulsion systems 5. Growing popularity of eco-friendly boats
Scope Of The Report
Report Attributes
Report Details
Report Title
Gas Powerboats Market Research Report
By Type
Small Powerboats, Medium Powerboats, Large Powerboats
By Application
Personal Entertainment, Commercial Use, Military Use
By Companies
Velocity Powerboats, Nor-Tech, BAVARIA Yachts, Nimbus Powerboats, Fountain Powerboats, Cougar Powerboats, Delta Powerboats, Wright Maritime Group., Yamaha, Velocity Powerboats
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
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Gas Powerboats Market Report Segments:
The global Gas Powerboats market is segmented on the basis of:
Types
Small Powerboats, Medium Powerboats, Large Powerboats
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
Personal Entertainment, Commercial Use, Military Use
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:
- Velocity Powerboats
- Nor-Tech
- BAVARIA Yachts
- Nimbus Powerboats
- Fountain Powerboats
- Cougar Powerboats
- Delta Powerboats
- Wright Maritime Group.
- Yamaha
- Velocity Powerboats
Highlights of The Gas Powerboats 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:
- Small Powerboats
- Medium Powerboats
- Large Powerboats
- By Application:
- Personal Entertainment
- Commercial Use
- Military Use
- 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 Gas Powerboats 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?
Gas powerboats are boats that use gas as their primary source of propulsion. They are typically much faster and more powerful than traditional diesel-powered boats, making them a popular choice for recreational boaters.
Some of the major players in the gas powerboats market are Velocity Powerboats, Nor-Tech, BAVARIA Yachts, Nimbus Powerboats, Fountain Powerboats, Cougar Powerboats, Delta Powerboats, Wright Maritime Group., Yamaha, Velocity Powerboats.
The gas powerboats 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 Gas Powerboats 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 Gas Powerboats Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Gas Powerboats 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 Gas Powerboats 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 Gas Powerboats Market Size & Forecast, 2020-2028
4.5.1 Gas Powerboats Market Size and Y-o-Y Growth
4.5.2 Gas Powerboats 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 Small Powerboats
5.2.2 Medium Powerboats
5.2.3 Large Powerboats
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 Personal Entertainment
6.2.2 Commercial Use
6.2.3 Military Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Gas Powerboats 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 Gas Powerboats 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 Small Powerboats
9.6.2 Medium Powerboats
9.6.3 Large Powerboats
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 Personal Entertainment
9.10.2 Commercial Use
9.10.3 Military Use
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 Small Powerboats
10.6.2 Medium Powerboats
10.6.3 Large Powerboats
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 Personal Entertainment
10.10.2 Commercial Use
10.10.3 Military Use
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 Small Powerboats
11.6.2 Medium Powerboats
11.6.3 Large Powerboats
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 Personal Entertainment
11.10.2 Commercial Use
11.10.3 Military Use
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 Small Powerboats
12.6.2 Medium Powerboats
12.6.3 Large Powerboats
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 Personal Entertainment
12.10.2 Commercial Use
12.10.3 Military Use
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 Small Powerboats
13.6.2 Medium Powerboats
13.6.3 Large Powerboats
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 Personal Entertainment
13.10.2 Commercial Use
13.10.3 Military Use
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 Gas Powerboats Market: Competitive Dashboard
14.2 Global Gas Powerboats Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Velocity Powerboats
14.3.2 Nor-Tech
14.3.3 BAVARIA Yachts
14.3.4 Nimbus Powerboats
14.3.5 Fountain Powerboats
14.3.6 Cougar Powerboats
14.3.7 Delta Powerboats
14.3.8 Wright Maritime Group.
14.3.9 Yamaha
14.3.10 Velocity Powerboats
