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The Watercraft market is a segment of the Maritime industry that encompasses the production, sale, and use of vessels for recreational and commercial purposes. This includes boats, yachts, and other watercrafts. The market is driven by the demand for leisure activities, such as fishing, sailing, and water sports, as well as the need for transportation and cargo shipping.
The market is highly competitive, with a wide range of manufacturers offering a variety of vessels. These range from small, personal boats to large, luxury yachts. The industry is also subject to changing regulations and environmental concerns, which can affect the production and sale of watercrafts.
Notable companies in the Watercraft market include Brunswick Corporation, Ferretti Group, Azimut Benetti, and Sunseeker International. Show Less Read more