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Recreational Boating Market By Application, Growth Potential & Forecast, 2017 – 2024

More Information @ https://bit.ly/2yauPLN Rising disposable income has resulted in increased travel and tourism activities across the globe, primarily driving the industry growth.

More Information @ https://bit.ly/2yauPLN
Rising disposable income has resulted in increased travel and tourism activities across the globe, primarily driving the industry growth.

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elatively more space than the counterparts. Moreover, advantages such as high<br />

reliability along with easy service abilities & maintenance will support the industry<br />

dominance. Inboard boats will witness approximately 4.5% CAGR owing to their high<br />

usage in fishing and other light weighted boats.<br />

Ferretti, Brunswick, Sunseeker, MacGregor, Beneteau, Malibu Boats, American Sail<br />

Inc., Azimut Benetti, and Hunter are among the noticeable participants in the<br />

recreational boating market. Other prominent players include Hobie Cat Corporation,<br />

Princess Cruise, Catalina Yachts, and Bavaria Yachtbau. Mergers and acquisitions<br />

is among the key strategies implemented by the manufacturers to capture maximum<br />

recreational boating market share. For instance, in July 2016, Brunswick completed<br />

the acquisition of aluminum boat manufacturer, Thunder Jet to expand their product<br />

line and enhance their customer base.<br />

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