Global Yacht Battery Market 2017-2021

  • ID: 4201990
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Exide Technologies
  • GS Yuasa
  • Saft
  • MORE
About Yacht Battery
Yachts are recreational boats designed with luxury amenities, and are purchased by individuals belonging to the high-income group. Yachts with a length greater than 24 feet are known as luxury yachts, superyachts, mega yachts, or large yachts. They are segmented based on size and propulsion, and are largely used for recreational purposes. The global yacht battery market is mainly driven by the increase in sales of leisure boats due to the rising popularity of boat shows in the US, Europe, and ROW. Leisure boat sales in the US is estimated to increase with the recovering economy. With the increase in disposable income in households, customers in the US are replacing their leisure boats.

The analysts forecast the global yacht battery market to grow at a CAGR of 2.54% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global yacht battery market for 2017-2021. To calculate the market size, the report considers the number of yachts sold.

The market is divided into the following segments based on geography:
- Europe
- ROW
- US

The report, Global Yacht Battery Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors
- Saft
- Exide Technologies
- GS Yuasa

Market drivers
- Growth of boating industry
- For a full, detailed list, view the full report

Market challenges
- Increasing sales of pre-owned boats
- For a full, detailed list, view the full report

Market trends
- AGM batteries replacing lead-acid batteries
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the Key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Exide Technologies
  • GS Yuasa
  • Saft
  • MORE
PART 01: Executive summary

PART 02: Scope of the report
  • Market overview
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
  • Types of yachts based on size
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by type
  • Global yacht battery market segmentation
  • Global yacht battery market for lithium-ion batteries
  • Global yacht battery market for lead-acid batteries
PART 07: Geographical segmentation
  • Global yacht battery market by geography
  • Yacht battery market in US
  • Yacht battery market in Europe
  • Yacht battery market in ROW
PART 08: Key leading countries
  • Key leading countries
PART 09: Market drivers
  • Growth of boating industry
  • Strong economic recovery in US market
  • Fall in fuel prices
PART 10: Impact of drivers

PART 11: Market challenges
  • Increasing sales of pre-owned boats
  • Highly volatile and unpredictable demand
  • High operational cost of motor luxury yachts
PART 12: Impact of drivers and challenges

PART 13: Market trends
  • AGM batteries replacing lead-acid batteries
  • Increased emphasis on R&D for developing marine batteries
  • Growing focus on emerging markets by yacht builders
PART 14: Vendor landscape
  • Competitive landscape
  • Prominent vendors
PART 15: Key vendor analysis
  • Saft
  • Exide Technologies
  • GS Yuasa
PART 16: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Segmentation of global yacht battery market
Exhibit 03: Global yacht battery market 2016-2021 (thousands of units)
Exhibit 04: Five forces analysis
Exhibit 05: Global yacht battery segmentation by battery type
Exhibit 06: Global yacht battery market by battery type 2016-2021 (thousands of units)
Exhibit 07: Global yacht battery market by battery type 2016-2021 (% share)
Exhibit 08: Global yacht battery market by lithium-ion battery 2016-2021 (thousands of units)
Exhibit 09: Global yacht battery market by lead-acid battery 2016-2021 (thousands of units)
Exhibit 10: Yacht battery market by geography 2016 (% share)
Exhibit 11: Global yacht battery market by geography 2016-2021 (thousands of units)
Exhibit 12: Global yacht battery market by geography 2016-2021 (% share)
Exhibit 13: Yacht battery market in US 2016-2021 (thousands of units)
Exhibit 14: Yacht battery market in Europe 2016-2021 (thousands of units)
Exhibit 15: Yacht market in ROW 2016-2021 (thousands of units)
Exhibit 16: Global yacht battery market: Key leading countries
Exhibit 17: Impact of drivers
Exhibit 18: Impact of drivers and challenges
Exhibit 19: Product portfolio
Exhibit 20: Saft: Recent developments
Exhibit 21: Exide Technologies: Recent developments
Exhibit 22: GS Yuasa: Business segmentation by revenue 2015
Exhibit 23: GS Yuasa: Business segmentation by revenue 2014 and 2015 ($ millions)
Exhibit 24: GS Yuasa: Geographical segmentation 2015 (% share)
Exhibit 25: GS Yuasa: Recent developments
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FEATURED COMPANIES

  • Exide Technologies
  • GS Yuasa
  • Saft
  • MORE
New Report Released: – Global Yacht Battery Market 2017-2021

The author of the report recognizes the following companies as the key players in the global yacht battery market: Saft, Exide Technologies, and GS Yuasa.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is AGM batteries replacing lead-acid batteries. Batteries provide the necessary power for starting the boat engine and power the internal electrical components. The main types of batteries used are lead-acid batteries and lithium-ion batteries. Lead-acid batteries are less expensive and are preferred by OEMs for installing in most of the non-luxury yachts.”

According to the report, one of the major drivers for this market is growth of boating industry. Increase in the number of boat shows in the US and the rise in the number of participants are driving the boating industry in the country. Sales of powerboats in the US has increased about 80% in 2014. Wakeboard or ski boats, personal watercraft, aluminum fishing boats, pontoon boats, and fiberglass runabouts accounted for the majority of the powerboat sales in the US. About 97 million participants registered for water sports and events in the US in 2014. The boating industry in the US has been positively impacted by the recovery of the US economy, stronger job market, and decrease in fuel prices.

Further, the report states that one of the major factors hindering the growth of this market is increasing sales of pre-owned boats. Pre-owned boats are preferred by young customers as new boats are costly and expensive. In 2014, the number of new powerboats sold was 171,500, whereas 940,500 pre-owned boats passed from one owner to another. This was approximately five times that of new boats. Since powerboats have an average life span of 10-12 years, their second owners generally go for an engine upgrade. The engines become outdated with respect to the new emission standards or due to their desire to upgrade their boats to a much powerful version. This will ultimately translate into less demand for yachts and OEM-fixed yacht batteries.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Saft
  • Exide Technologies
  • GS Yuasa
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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