Lucintel Blog: Lucintel Forecasts Boat Rental Market to Reach $XX Billion by 2027

According to the recent study the boat rental market is projected to reach an estimated $XX billion by 2027 from $XX billion in 2022, at a CAGR of 7% to 9% from 2022 to 2027. Growth in this market is primarily driven by surge in tourism numbers, growing attractiveness of recreational activities, and increasing per capita income and high interest in maritime tourism and luxury activities.

Browse XX figures / charts and 68 tables in this 150 -page report to understand trends, opportunities and forecast in boat rental market by propulsion type (fuel powered, sail boats, and electric boats), boat size (up to 20 feet, 21 to 35 feet, and 36 to 50 feet), boat class (luxury, sports, and others), business model (charter, tour, day cruise, luxury charter, lux day cruise, event/b2b, peer to peer, and business to consumer) and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link

https://www.lucintel.com/boat-rental-market.aspx

“Fuel powered market is expected to remain the largest segment during the forecast period.”

Based on propulsion type, the boat rental market is segmented into fuel powered, sail boats, and electric boats. Lucintel forecasts that the fuel powered market is expected to remain the largest segment due to the rising demand for gasoline-powered boats for personal, recreational use in a variety of countries, and it has various advantages including increased speed and power as well as the good travel range.

“Within the boat rental market, the luxury segment is expected to remain the largest boat class.”

Based on boat class the luxury segment is expected to witness the highest growth over the forecast period due to the high speed, comfort, safety, and privacy as compared to other segments; hence they are highly adopted by the populace for leisure travel and other activities.

“North America will dominate the boat rental market in near future.”

North America will remain the largest region due to large number of water sports activities taking place in that area, and government initiatives for the development of the tourism industry in the region.

Download Brochure of this report by clicking on https://www.lucintel.com/boat-rental-market.aspx.

Major players of boat rental market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. GetMyBoat, Inc., Click&Boat, Sailo, SamBoat, GlobeSailor, Yachtico Inc., Boatjump SL, BoatBureau, Ocean Serenity, and Boatsetter are among the major boat rental providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/boat-rental-market.aspx or helpdesk@lucintel.com.

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Contact:
Brandon Fitzgerald
Lucintel
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Email: brandon.fitzgerald@lucintel.com
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