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Small Boats Market Share

Report ID: GMI6904
Published Date: Oct 2023
Report Format: PDF

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Small Boats Market Share

Major companies operating in the small boats industry are:

American Sail Inc.
Bombardier Recreational Products
Brunswick Corporation
Chaparral Boats
Honda Motor Co., Ltd.
Kawasaki Motors Corp., USA
Malibu Boats
MasterCraft Boat Holdings, Inc.
Polaris Inc.
Regal Boats
Scout Boats
Taiga Motors
Tracker Marine Group
Winnebago Industries, Inc.
Yamaha Motor Corporation

BRP Inc, and Yamaha Motor Co. Ltd. are major companies in personal watercraft market, holding over 75% of the revenue share. BRP offers a diverse lineup of Sea-Doo models, catering to a wide range of preferences and riding styles, from high-performance racing models to family-friendly options. With a global distribution network and a presence in numerous countries, BRP has expanded its market reach, making Sea-Doo accessible to a broad customer base.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of small boats reached USD 17.1 billion in 2022 and is set to witness 7.6% CAGR between 2023 and 2032, says this GMI report.

The recreation segment accounted for around 43% of the market share in 2022, attributed to the increasing demand for leisure and recreational activities on the water.

North America market share was over 55% in 2022, due to several factors including a robust boating culture, high disposable incomes, and an increasing preference for recreational activities in the region.

American Sail Inc., Bombardier Recreational Products, Yamaha Motor Corporation, Brunswick Corporation, Chaparral Boats, Honda Motor Co., Ltd., Kawasaki Motors Corp., USA, Malibu Boats, MasterCraft Boat Holdings, Inc., Tracker Marine Group, and Winnebago Industries, Inc.