Market Overview:
The global single seat racing 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 popularity of single seat racing boats among men and women athletes for competitive and recreational purposes. Additionally, the growing demand for lightweight and high-performance boats is also propelling the growth of this market. Based on type, the global single seat racing boats market can be segmented into sculling boats and sweep boats. Scullingboats are smaller in size as compared to sweepboats and are mainly used for recreational purposes. On the other hand, sweepboats are larger in size and are used mainly for competitive purposes by men athletes. Among these two types, scullingboats held a larger share of the global single seat racing boatmarket in 2017and is expected to maintain its dominance duringthe forecast period as well owingto their low price pointand easy maneuverability .
Product Definition:
Single Seat Racing Boats are small, open boats that are typically used for racing. They are often made of lightweight materials, such as fiberglass or carbon fiber, which makes them fast and easy to maneuver. Single Seat Racing Boats can be used for both recreational and competitive purposes. They are important because they provide a fun and challenging way for people to race against each other.
Sculling Boats:
Sculling boats are small single-seater racing boats. They have one oar and one seat in the boat. The sculling boat is a lightweight, low cost & easy to build type of sailboat that has been gaining popularity over the past few years owing to its ease of use and low maintenance characteristics.
Sweep Boats:
Sweep boats are a type of boat that is designed to assist in the rescue of people or other vessels from watery places. They are used for this purpose by positioning the vessel on one side and using the oars or poles on the other side to push or pull it out of danger. The sweep boat has two posts at its rear end, which are used as oar locks.
Application Insights:
Men Single Seat Racing Boats (SSR) held a major share of over 80.0% in 2017. The men¢â‚¬â„¢s category was the most popular segment as compared to women and juvenile categories, where SSR boats are not that popular. However, this trend is changing with time as sweepstakes are becoming more competitive among both male and female participants across the world.
The single seaters designed for use by one person only have been gaining popularity in recent years owing to their ease of handling and storage space which makes them suitable for racing on small water bodies like lakes or ponds, where space is limited.
Regional Analysis:
North America dominated the global single seat racing boats market in 2017. The region is expected to witness a considerable growth rate of over 4% from 2018 to 2030. This can be attributed to the increasing popularity of water sports and fishing activities in North America as well as Europe. Moreover, with growing participation at international championships and races, along with an increase in R&D for new design concepts by manufacturers, is likely to boost product demand over the forecast period.
Asia Pacific is anticipated to register a significant growth rate during the forecast period owing to rising interest among consumers towards adventure sports activities such as white-water rafting and kayaking on rivers and lakes across various countries including China, Japan, Australia etc., which will drive product sales over next eight years.
Growth Factors:
- Increasing popularity of water sports and adventure tourism
- Growing demand for leisure boats and yachts
- Rising disposable income of the middle-class population
- Proliferation of online boat sales channels
- Technological advancements in boat manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Single Seat Racing Boats Market Research Report
By Type
Sculling Boats, Sweep Boats
By Application
Men, Women
By Companies
Liteboat, Whitehall Rowing＆Sail, Echo Rowing, Sykes, Little River Marine, MartinRůžička (ROSEMAN), Empacher, HUDSON, Concept2, WINTECH Racing, Swift Racing, Filippi, Hangzhou Kanghua, Peinert Boat Works
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
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Single Seat Racing Boats Market Report Segments:
The global Single Seat Racing Boats market is segmented on the basis of:
Types
Sculling Boats, Sweep Boats
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
Men, Women
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:
- Liteboat
- Whitehall Rowing＆Sail
- Echo Rowing
- Sykes
- Little River Marine
- MartinRůžička (ROSEMAN)
- Empacher
- HUDSON
- Concept2
- WINTECH Racing
- Swift Racing
- Filippi
- Hangzhou Kanghua
- Peinert Boat Works
Highlights of The Single Seat Racing 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:
- Sculling Boats
- Sweep Boats
- By Application:
- Men
- Women
- 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 Single Seat Racing 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
- 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?
Single seat racing boats are typically smaller and lighter than double or triple seat racing boats. They are designed for one person to race, and often have a lower center of gravity which makes them more responsive in water.
Some of the major companies in the single seat racing boats market are Liteboat, Whitehall Rowing＆Sail, Echo Rowing, Sykes, Little River Marine, MartinRůžiÄka (ROSEMAN), Empacher, HUDSON, Concept2, WINTECH Racing, Swift Racing, Filippi, Hangzhou Kanghua, Peinert Boat Works.
The single seat racing boats 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 Single Seat Racing 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 Single Seat Racing Boats Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Single Seat Racing 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 Single Seat Racing 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 Single Seat Racing Boats Market Size & Forecast, 2020-2028
4.5.1 Single Seat Racing Boats Market Size and Y-o-Y Growth
4.5.2 Single Seat Racing 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 Sculling Boats
5.2.2 Sweep Boats
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 Men
6.2.2 Women
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Single Seat Racing 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 Single Seat Racing 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 Sculling Boats
9.6.2 Sweep Boats
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 Men
9.10.2 Women
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 Sculling Boats
10.6.2 Sweep Boats
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 Men
10.10.2 Women
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 Sculling Boats
11.6.2 Sweep Boats
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 Men
11.10.2 Women
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 Sculling Boats
12.6.2 Sweep Boats
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 Men
12.10.2 Women
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 Sculling Boats
13.6.2 Sweep Boats
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 Men
13.10.2 Women
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 Single Seat Racing Boats Market: Competitive Dashboard
14.2 Global Single Seat Racing Boats Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Liteboat
14.3.2 Whitehall Rowing＆Sail
14.3.3 Echo Rowing
14.3.4 Sykes
14.3.5 Little River Marine
14.3.6 MartinRůžička (ROSEMAN)
14.3.7 Empacher
14.3.8 HUDSON
14.3.9 Concept2
14.3.10 WINTECH Racing
14.3.11 Swift Racing
14.3.12 Filippi
14.3.13 Hangzhou Kanghua
14.3.14 Peinert Boat Works
