Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Utility Boats Market by Type (Inboard Motor, Outboard Motor), By Application (Search, Rescue, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Utility Boats Market by Type (Inboard Motor, Outboard Motor), By Application (Search, Rescue, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 155802 3300 Machinery & Equipment 377 250 Pages 4.6 (48)

Market Overview:

The global utility boats market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for utility boats for search and rescue operations, recreational activities, and others applications. In addition, the growing popularity of outboard motor-powered utility boats is also propelling the growth of this market. However, environmental concerns related to boat emissions may hamper the growth of this market in some regions during the forecast period. The global utility boats market can be segmented on the basis of type into inboard motorboats and outboard motorboats. Outboard motorboats are expected to witness higher growth than inboard motorboats during the forecast period owing to their low cost and easy maneuverability. On the basis of application,the global Utility Boats Market can be segmented into search & rescue operations, recreational activities such as fishing or sailing, transportation & logistics services etc., law enforcement & security services etc., and others applications including firefighting etc.. Geographically speaking, North America dominates thee Global Utility Boats Market followed by Europeand Asia Pacific respectively .

Global Utility Boats Industry Outlook

Product Definition:

A utility boat is a small, usually open boat that is used for a variety of purposes, such as fishing, hunting, or transporting people or goods. Utility boats are important because they provide an easy and affordable way to get around on water.

Inboard Motor:

Inboard motors are used in utility boats to provide forward and reverse propulsion. They are also used for steering the boat. Inboard motors have a significant demand in the market owing to its benefits such as compact design, less noise & vibration, low maintenance cost and fuel consumption etc.

The global inboard motor market is expected to witness growth over the forecast period on account of increasing demand from anglers who prefer Utility Boats with Inboards (IB) for fishing purposes.

Outboard Motor:

Outboard motors are used in utility boats for propulsion. They can be categorized as outboard engines, which are mounted on the rear of the boat and inboard motors, which are placed inside the hull. Outboards have a propeller or a screw that is driven by an electric motor or by manual power through oars. Inboards have an engine that is drove by fuel (generally gasoline) and has one or more propellers to provide forward motion.

Application Insights:

The utility boats market is segmented by application into search and rescue, other applications including law enforcement, firefighting and marine transportation are also included in this segment. The other applications segment held the largest share of over 50% in 2017. Utility boats are widely used for various purposes such as patrolling, fire-fighting, maritime security and others across the globe owing to their ability to perform tasks that larger vessels cannot do.

The Latin America region is expected to witness significant growth over the forecast period owing to increasing migration activities from Central American countries such as El Salvador, Guatemala and Honduras among others which has resulted in an increased demand for patrol craft capable of carrying more people safely at a time through watery routes where human trafficking occurs frequently. These factors are anticipated to boost product demand during the forecast period in this region significantly resulting in high utility boat sales throughout Latin America eventually driving overall industry growth globally over the next eight years or so.

Regional Analysis:

North America accounted for the largest market share of over 40% in 2017. The region is expected to continue its dominance over the forecast period as well, owing to factors such as increasing offshore oil and gas exploration activities, rising marine tourism industry, and growing recreational boating sector. Moreover, presence of prominent manufacturers in this region will further boost the utility boats demand.

Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to rapid development taking place in economies including China and India. In addition, government initiatives encouraging water transportation are also expected favorably impact utility boat demand during future years. For instance; Government of India has planned a National Waterway Network which includes riverside roads on waterways across country that would provide an effective transport alternative for road traffic at a relatively lower cost than road building projects along inland waterways corridors thus boosting regional growth prospects significantly over next few years.

Growth Factors:

  • Increasing demand for utility boats in the commercial sector for transportation and dredging activities
  • Growing popularity of recreational utility boats among leisure boaters
  • Proliferation of boat dealers and manufacturers across the globe
  • Rising investment in R&D to develop new and innovative utility boat models
  • Government initiatives to promote maritime tourism and increase the adoption of utility boats

Scope Of The Report

Report Attributes

Report Details

Report Title

Utility Boats Market Research Report

By Type

Inboard Motor, Outboard Motor

By Application

Search, Rescue, Others

By Companies

ASIS Boat, S-Ribs, Izmir Shipyard, DOC Marine, Stormer Marine, Rupert Marine, Sealver, Larsen, AB Inflatables, Starcraft, Ufast

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Utility Boats Market Report Segments:

The global Utility Boats market is segmented on the basis of:


Inboard Motor, Outboard Motor

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.


Search, Rescue, Others

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:

  1. ASIS Boat
  2. S-Ribs
  3. Izmir Shipyard
  4. DOC Marine
  5. Stormer Marine
  6. Rupert Marine
  7. Sealver
  8. Larsen
  9. AB Inflatables
  10. Starcraft
  11. Ufast

Global Utility Boats Market Overview

Highlights of The Utility Boats Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Inboard Motor
    2. Outboard Motor
  1. By Application:

    1. Search
    2. Rescue
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Utility 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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Global Utility Boats Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Utility boats are typically smaller, faster vessels that are used for a variety of purposes including fishing, water sports, and transportation.

Some of the major companies in the utility boats market are ASIS Boat, S-Ribs, Izmir Shipyard, DOC Marine, Stormer Marine, Rupert Marine, Sealver, Larsen, AB Inflatables, Starcraft, Ufast.

The utility boats market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Utility Boats Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Utility Boats Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Utility Boats Market - Supply Chain
   4.5. Global Utility Boats Market Forecast
      4.5.1. Utility Boats Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Utility Boats Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Utility Boats Market Absolute $ Opportunity

5. Global Utility Boats Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Utility Boats Market Size and Volume Forecast by Type
      5.3.1. Inboard Motor
      5.3.2. Outboard Motor
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Utility Boats Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Utility Boats Market Size and Volume Forecast by Application
      6.3.1. Search
      6.3.2. Rescue
      6.3.3. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Utility Boats Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Utility Boats Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Utility Boats Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Utility Boats Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Utility Boats Demand Share Forecast, 2019-2026

9. North America Utility Boats Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Utility Boats Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Utility Boats Market Size and Volume Forecast by Application
      9.4.1. Search
      9.4.2. Rescue
      9.4.3. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Utility Boats Market Size and Volume Forecast by Type
      9.7.1. Inboard Motor
      9.7.2. Outboard Motor
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Utility Boats Demand Share Forecast, 2019-2026

10. Latin America Utility Boats Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Utility Boats Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Utility Boats Market Size and Volume Forecast by Application
      10.4.1. Search
      10.4.2. Rescue
      10.4.3. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Utility Boats Market Size and Volume Forecast by Type
      10.7.1. Inboard Motor
      10.7.2. Outboard Motor
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Utility Boats Demand Share Forecast, 2019-2026

11. Europe Utility Boats Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Utility Boats Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Utility Boats Market Size and Volume Forecast by Application
      11.4.1. Search
      11.4.2. Rescue
      11.4.3. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Utility Boats Market Size and Volume Forecast by Type
      11.7.1. Inboard Motor
      11.7.2. Outboard Motor
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. y Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Utility Boats Demand Share, 2019-2026

12. Asia Pacific Utility Boats Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Utility Boats Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Utility Boats Market Size and Volume Forecast by Application
      12.4.1. Search
      12.4.2. Rescue
      12.4.3. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Utility Boats Market Size and Volume Forecast by Type
      12.7.1. Inboard Motor
      12.7.2. Outboard Motor
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Utility Boats Demand Share, 2019-2026

13. Middle East & Africa Utility Boats Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Utility Boats Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Utility Boats Market Size and Volume Forecast by Application
      13.4.1. Search
      13.4.2. Rescue
      13.4.3. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Utility Boats Market Size and Volume Forecast by Type
      13.7.1. Inboard Motor
      13.7.2. Outboard Motor
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Utility Boats Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Utility Boats Market: Market Share Analysis
   14.2. Utility Boats Distributors and Customers
   14.3. Utility Boats Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. ASIS Boat Overview Financials Developments Strategic Outlook
      14.4.2. S-Ribs Overview Financials Developments Strategic Outlook
      14.4.3. Izmir Shipyard Overview Financials Developments Strategic Outlook
      14.4.4. DOC Marine Overview Financials Developments Strategic Outlook
      14.4.5. Stormer Marine Overview Financials Developments Strategic Outlook
      14.4.6. Rupert Marine Overview Financials Developments Strategic Outlook
      14.4.7. Sealver Overview Financials Developments Strategic Outlook
      14.4.8. Larsen Overview Financials Developments Strategic Outlook
      14.4.9. AB Inflatables Overview Financials Developments Strategic Outlook
      14.4.10. Starcraft Overview Financials Developments Strategic Outlook
      14.4.11. Ufast Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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