Boat Rental Market Overviews
Boat Rental Market was valued at USD 156.33 Million in 2023. Global Boat Rental Market size is estimated to grow at a CAGR of 15.80% over the forecast period.
Boat Rental is a service which provides boats to the consumers for leisure or vacation purposes, in recent years everything is acquired without owning, the boat Rental market is expected to grow through the forecast period. The major boat companies offer unfuelled or fuelled boats, depending on the requirement of the consumer. On boats there are various facilities are provided. The Rental Boats are majorly used for vacation purposes and also for business purposes as these boats are featured with comprehensive luxury experiences with high standards and comfort.
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Boat Rental Market Scope and Methodology:
Major companies are creating high-performance boats for the surge in demand for water sports activities. In the current situation consumers possible to rent boats on online platforms and apps thus, it is expected to increase the demand for Boat Rental market through the forecast period. The emergence of various boat rental management software’s easing the operations and driving the market growth. These advanced apps interpret and analyse the information and measure the booking performance which helps in the reservation decisions. Also due to the mobile-friendly apps and ease of access, business owners maintain the operations from any location. Artificial intelligence and data mapping in this software help business owners gain accurate insights about reservations and bookings. These factors are fuelling the demand for Boat Rental Market through the forecast period.
Boat Rental Market Regional Insights
The Europe region is expected to dominate the market through the forecast period. Europe held the market share of 37 Mn in 2023, As many tourist places are present in this region. Spain, Italy, and Croatia contribute a significant amount of share in their revenue. An increase in water sports activities, the prevalence of fishing and the high net worth of individuals driving the Boat Rental market through the forecast period.
Boat RentalMarket Segmentation
By Propulsion Type, The Boat Rental Market is classified into Fuel Powered, Sail Boat, and Electric boats. The Fuel Powered segment has the largest market share in Boat Market and It is expected to grow at the highest CAGR through the forecast period. As there is increasing demand for Gasoline Powered Boats for the recreational and personal use in various countries. Fuel based boats have many benefits such as a wide travel range, speed, and power. Moreover, the Fuel based boats can travel in various tropical waters. Allowing consumers to travel in different streams such as coastal, narrow and shallow streams. Moreover, an increase in demand for sports events and activities increases the demand for fuel-powered boats.
Boat Rental Market Key Players
Get My Boat (San Francisco, U.S.
Groupe Beneteau (Croix-de-Vie, France)
Boatsetter (Florida, U.S.)
Globesailor (Paris, France)
Click&Boat (Paris, France)
Zizoo (Berlin, Germany)
Nautal (Barcelona, Spain)
Sailo (Greater New York, U.S.)
Incrediblue (London, U.K.)
Boatjump (Valencia, Spain)
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Key questions answered in the Boat Rental Market are:
- What is Boat Rental ?
- What was the Boat Rental market size in 2023?
- What is the growth rate of the Boat Rental Market?
- Which are the factors expected to drive the Boat Rental market growth?
- What are the different segments of the Boat Rental Market?
- What growth strategies are the players considering to increase their presence in Boat Rental ?
- What are the upcoming industry applications and trends for the Boat Rental Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Boat Rental Market?
- Who are the leading companies and what are their portfolios in Boat Rental Market?
- What segments are covered in the Boat Rental Market?
- Who are the key players in the Boat Rental market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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