The Boat Rental Global Market Report 2023, provides comprehensive information on the boat rental market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Boat Rental Global Market Report 2023, the global boat rental market size is expected to grow from $16.53 billion in 2022 to $17.71 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global boat rental market size is expected to reach $22.35 billion in 2027 at a CAGR of 6.0%.
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Technological advancement is the key trend gaining popularity in the boat rental market. Major companies operating in the boat rental market are focused on developing innovative technologies to strengthen their position in the market. For instance, in June 2022, Vision Marine Technologies, a Canada-based manufacturer of handmade, high-performance, green, and electric recreational powerboats, developed E-Motion technology. E-Motion technology is the world’s first high-performance electric propulsion engine, combining a 180-horsepower (135 kW) motor with a sophisticated battery management system to reduce energy costs by 90%. The E-Motion enhances performance and range while requiring no additional charging infrastructure or devices. All that is required is a 220-volt charging outlet, which is already available in the infrastructure of almost every marina.
The boat rental market is segmented:
1) By Boat Type: Inboard Boats, Outboard Boats, Sail Boats, Other Boats
2) By Boat Size: Less than 30 feet, Between 30 and 79 feet, Greater than 79 feet
3) By Power: Engine Powered, Man Powered, Sail Propelled
4) By Activity: Sailing and leisure, Fishing, Other Activities
Europe was the largest region in the boat rental market in 2022.
Top Major Players
GetMyBoat,
Groupe Beneteau,
Boatsetter,
Globe Sailor,
Zizoo,
The table of contents in TBRC’s boat rental market report includes:
- Executive Summary
- Boat Rental Market Characteristics
- Boat Rental Market Trends And Strategies
- Boat Rental Market – Macro Economic Scenario
- Boat Rental Market Size And Growth
- Boat Rental Market Segmentation
- Boat Rental Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The Boat Rental Market
- Boat Rental Market Future Outlook and Potential Analysis
- Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Boat Rental Market, Segmentation By Boat Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Boat Rental Market, Segmentation By Boat Size, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Boat Rental Market, Segmentation By Power, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 47: GetMyBoat Financial Performance
Table 48: Groupe Beneteau Financial Performance
Table 49: Boatsetter Financial Performance
Table 50: Globe Sailor Financial Performance
Table 51: Zizoo Financial Performance
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