US demand for recreational boats, propulsion systems and accessories is forecast to grow 8.0 percent annually to $10.1 billion in 2016. Demand for traditional powerboats will lead gains, rebounding from especially sharp declines beginning in 2008. Powerboats will also benefit from newer propulsion systems and controls that simplify handling.This study analyzes the $6.9 billion US recreational boating industry. It presents historical demand data for the years 2001, 2006 and 2011, and forecasts for 2016 and 2021 by material (e.g., plastic, aluminum, coated fabrics), product (e.g., powerboats, personal watercraft, sailboats, propulsion systems, boating accessories) and US regional market.The study also considers market environment factors, details industry structure, evaluates company market share and profiles 39 industry competitors, including Brunswick, Yamaha Motor and Bombardier Recreational Products.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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