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 2009 for boating industry came with some big surprises. The boat market was down in every continent of the world due to global recession. North America suffers the most whereas Europe suffered the least. The European boat market exceeded North American boat market in 2007 in terms of dollar value. Growth is driven by high demand for luxury cruisers and mega yachts in Europe. This is according to a new market research report titled �Opportunity Assessment for Composites in Global Boating Industry 2009-2014� 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 2008, the total size of the global boat industry reached an estimated $23.9 billion. The global demand for recreational boats is projected to reach $25.8 billion in annual sales by 2014, 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.
 

In terms of specific boat building industry trends, there is an ongoing shift in product mix toward larger and more expensive boats. This market intelligence report provides the ranking of top boat builders with their respective market shares, allowing material and component suppliers to develop marketing and sales strategies that target the largest consumers of composite materials. Through a thorough analysis and exclusive interviews, the report offers maximum value to boat builders, material suppliers, distributors, tool makers, service providers, investors and analysts for strategic executive planning and trend identification. With this report you can obtain valuable intelligence about trends that may impact your business by analyzing five years of historical performance and five years of projected growth rates in various segments and regions.
 

The majority of fiberglass boats are manufactured using open mold processes, which draw constant attention from environmental regulators. Such regulatory realities are among the many issues covered within this market report on the marine industry. Through thorough analysis and exclusive interviews, the report offers maximum value to boat builders, distributors, material suppliers, tool makers, and service providers for strategic executive planning and trend identification.

 

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

1. What is the boat market share by region (USA, Europe and rest of the world)?
2. What are the market shares by major boat builders in USA, Europe and worldwide?
3. Market trends and forecasts by type of boats and by regions.
4. Ranking of boat builders by annual sales and by number of boats manufactured per year.
5. Composite materials consumption by regions and by type of boats.
6. What percentage of boats have woven roving, chopped fibers, knitted fabrics, advanced fibers (carbon, aramid, S-2 glass), polyester resins, vinylester resins, epoxies, coremats and more?
7. What lay-up sequences are used by top 30 boat builders in making of boat hulls and decks?
8. What percentage of boats utilizes open mold and closed molding processes?
9. EPA (MACT) regulations and how it is impacting boat builders?
10. Detailed market, materials and technology analysis.