$54.9 Billion Recreational Boats Market by Propulsion, Boat Size, Engine Type, Horsepower and Application - Global Forecast to 2027 - ResearchAndMarkets.com
As a result, citizens are spending on health-related products and essential commodities, limiting leisure activities.\nOutboard boats are gaining popularity in the region for recreational activities, such as cruising, fishing, skin diving, swimming, and water skiing.
- As a result, citizens are spending on health-related products and essential commodities, limiting leisure activities.\nOutboard boats are gaining popularity in the region for recreational activities, such as cruising, fishing, skin diving, swimming, and water skiing.
- Consumers in North America and Europe are emphasizing high-performance diesel outboard engines to meet the speed requirements.\nCompanies in the recreational boats market are focusing on designing boats up to 20 ft. with high power engines and advanced features.
- These trends allow manufacturers to meet the demand for small and low-cost boats from the consumer with low investment capability.
- The newly developed small boats offer more power in less space with consumer benefits and less spending.\n'