Want to Know More about the Future Opportunities in Recreational Boating Industry?

We at Lucintel are proud to announce the launch of a new research report on recreational boating industry entitled “Recreational Boating Industry Report: Trends, Forecast, and Competitive Analysis.”
In the recreational boating industry, the inboard and sterndrive, outboard, and sailboat are some of the major segments. On the basis of its comprehensive research, Lucintel forecasts that the inboard and sterndrive boat are expected to be the largest market by value and the market is also projected to show the highest growth rate during the forecast period 2017 to 2022.
According to this market report, the global recreational boating market is expected to reach an estimated $ 30.0 billion by 2022 and it is forecast to grow at a CAGR of 3.8% from 2017 to 2022. There are some noteworthy developments in the global recreational boating market as competition increases and players try to increase their market share. Some of the emerging trends shaping market dynamics of the recreational boating industry, include increasing use of absorbed glass mat (AGM) batteries in powerboats due to its impressive battery lives and long lifespan than lithium-ion batteries and use of synthetic material to manufacture deck to reduce usage of wood.
This market report on recreational boating answers the following key questions concerning the recreational boating market:
Q.1. What are some of the most promising, high-growth opportunities in the global recreational boating market by segment and region?
Q.2. Which segments in the recreational boating market will grow at a faster pace and why?
Q.3. What are the business risks and competitive threats in the recreational boating market?
Q.4. What are emerging trends in this market and what are the reasons behind them?
Q.5. What are some of the changing demands and needs of customers in the recreational boating industry?
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