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(Transportation-News.com, March 20, 2018 ) Global small boat market is forecast to grow at 7% through 2024 expected to reach $13.8 billion. Worldwide markets are poised to achieve continuing growth as small boats markets respond to the advantages brought by using new materials and demand from middle class people seeking safe, fun recreation.
Small boat competitive positioning to achieve competitive advantage is accomplished by successful introduction of new product offerings. The ability to meet customer expectations depends on appropriate feature function packages and effective pricing strategies.
Small boat customers rigorously evaluate manufacturer quality, capability to innovate, and availability of new products when making purchasing decisions.
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Figure 1. Small Boat Vendor Competitive Positioning
• Introduction of new products
• Work to understand customer expectations
• Listen to customers
• Support ability to meet customer expectations
• Offer variety of feature function packages
• Implement effective pricing strategies.
• Understand that small boat customers rigorously evaluate manufacturer quality
• Provide capability to innovate
• Provide availability of stream of new products
Global small boat market is forecast to grow at 7% through 2024. Some companies and some segments grow significantly faster. A $8.7 billion market worldwide in 2017, the small boats markets market has evolved steadily. It is expected to reach $13.8 billion by 2024.
Key Topics
• Small Boats Markets
• Customizable Wave
• Sport Power Boats
• Fishing Motors
• Power Boats
• Large Sail Boats
• Yachts
• Racing Sailboats
• Personal Craft
• Inflatable
• Fiberglass
• Additive Manufacturing
• Stern Drive
• Jet Ski
• Sail boats
• Ski Boats
Browse Full Research Report with Table of Content @ https://marketreportscenter.com/reports/580815/small-boats-markets-market-shares-strategies-and-forecasts-worldwide-2018-to-2024
Some points from TOC:-
Abstract: Small Boats Markets are at $8.7 Billion Worldwide, Headed for $13.8 Billion in 2024 1
SMALL BOATS EXECUTIVE SUMMARY 13
Small Boats Market Driving Forces 13
Small Boats Market Driving Forces 15
Small Boats Market Shares 16
Small Boats Market Forecasts 18
1. SMALL BOATS: MARKET DESCRIPTION AND MARKET DYNAMICS 20
1.1 Retail Registrations Lag 20
1.2 Small Boat Market Factors 21
1.2.1 Increasing Ages of Used Boats Driving New Boat Sales. 22
1.3 Improving Macroeconomic Environment Driving Demand for Boats 25
1.4 Strong Dealer Network 25
1.5 Recognized Brands 26
2. small boats market SHARES AND FORECASTS 28
2.1 Small Boats Market Driving Forces 28
2.1.1 Small Boats Market Driving Forces 30
2.2 Small Boats Market Shares 31
2.2.1 Brunswick Corporation 35
2.2.2 Groupe Beneteau Revenue 36
2.2.3 Malibu Boats 37
2.3 Small Boats Market Forecasts 37
2.3.1 Small Boats Market Segment Forecast by Type of Boat: US Market 50
2.3.2 Power Boat 54
2.3.3 Performance Sport Boat Category Market Opportunity 57
2.3.4 Sterndrive Market 64
2.3.5 Performance Sport Boats 64
2.3.6 Outboard Motors / Fishing 64
2.3.7 Sailing 65
2.3.8 Water Ski Boats 66
2.3.9 Personal Water Craft 66
2.4 Small Boats by Material 66
…….
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