Here is a feedback from Paul Everley of Peters & May Ltd., who recently purchased this report titled "Global recreational boating industry analysis and forecast".

“Today there is almost a jungle of information to go through, Lucintel’s report has saved precious time and resources brought together in a concise and informative manner. The report clearly outlines the key markets and segments, but also highlights those with potential. This helps with decisions to cement our current position within our own market but also formulate long term strategies to realize the potential for global growth that can be achieved. The most detailed report of its nature in the market place at present.” ... By Paul Everley, Business Analyst, Peters & May Ltd, Hampshire, www.petersandmay.com

Year 2007 for boating industry came with some big surprises. The boat market was down in North America whereas Europe reached a record high in 2007. First time in the history of the boat market, the European boat market exceeded North American boat market in 2007 in terms of $ value. Growth is driven by huge demand for luxury cruisers and mega yachts in Europe . This is according to this new market research report titled “Global recreational boating industry analysis and forecast 2008-2013” from Lucintel. Recreational boats include inboard boats, outboard boats, stern drive boats, personal watercrafts, sail boats and others. In terms of unit shipment, North America is still the largest segment.

Based on Lucintel research, at the end of calendar year 2007, the total size of the global boat industry reached an estimated $25 billion. The global demand for recreational boats is projected to reach $38.3 billion in annual sales by 2013, according to this new research from Lucintel. The Europe and Asia Pacific region will provide the future growth for the boat market as sales will be bolstered by continued economic growth in these regions. In the boating industry, there is ongoing shift in product mix toward larger and expensive boats.

This 242-page report includes demand trends and forecasts, market size estimates by boat types, regional analysis, market share analysis and other critical business information. The report provides the ranking of top 10 global leaders with their market shares. European leaders are growing aggressively and increased their market shares significantly as compared to 2000. The annual growths by most of the European leaders are in double digits whereas North American leaders saw single digit growth during 2000-2007.

The report answers many key questions on the worldwide marine industry. Some of the useful questions it answers are:

1. Global boat market intelligence with special emphasis on various types of boats and boat makes.
2. Market size estimates in terms of $ value and number of units in various types of boats in the boat industry.
3. Regional Analysis: What is the boat market share by region (USA, Europe and rest of the world)?
4. What are the market shares by major boat builders in USA, Europe and worldwide?
5. Market trends and forecasts by type of boats and by regions.
6. Competitive analysis: Ranking of boat builders by annual sales and by number of boats manufactured per year.