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Opportunity Assessment for Composites in Global Boating Industry 2010-2015
Lucintel, Oct 2010, Pages: 422
Background :
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. Europe suffers the most whereas ROW 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 2010-2015” 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, the global recreational boat market consumed 365.3 million lbs of composites valued at $524.3 million in the calendar year 2009. The composite materials market is expected to reach to $842 million in 2015 with a CAGR of 7.8%.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.
This report focuses on pleasure boat market, which includes inboard boat, sterndrive boat, outboard boat, sail boat and personal water craft.
This market study is a reliable and accurate resource for organizations and individuals requiring a thorough strategic understanding of the development, trends and status of the global boat industry.
To make business, investment, or strategic decisions, you need timely and adequate information. This market report fulfils this core need. This is a vital reference guide for boat builders (OEMs), composite material suppliers, boat part builders, investor more, who are dealing with the boat market. Some of the features of this market report are:
- Global boat market intelligence manufacturing processes and materials used.
- Market size estimates in terms of $ value and number of units in various types of boats in the boat industry.
- Regional Analysis: Boat market breakdown ($ and units estimates) by regions such as North America, Europe and rest of the
- Competitive analysis: Market shares of the industry leaders in the global boat industry as well as in various regions of the world.
- Growth trends (2004-2009 delivered for the total boat market and also by types of boats.
- Composite materials shipment regions and in various types of boats.
- Raw Materials Analysis: Composite materials shipment by type of reinforcements and resins the boat industry.
- Manufacturing process analysis: processes in the boat industry.
- Trends and forecasts in composite materials shipment industry.
- Over 249 figures/charts and confident business decisions.
- Addresses and brief description of over major boat builders around the world
Who Can Benefit From This Report:
The study is intended for material suppliers, compounders, parts executives and consultants. The multinational Fortune 500 companies and utilized for a variety of reasons:
- Business development
- Business presentation
- Market Expansion
- Revenue Planning
- Investment Decision
- Budgeting
- Strategic Planning
- Competitive materials analysis
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