Leisure Boats Market to 2027 - Middle East Analysis and Forecasts by Type (New Leisure Boats and Used Leisure Boats); Application (Sailboats, Runabouts, Jet Boats, Cabin Cruiser, and Watercrafts)
- THE3206912
- 78 Pages
- January 2019
- Construction & Manufacturing
The key trend which will predominantly affect the leisure boats market in the coming year is growth in the adoption of hybrid leisure boats. With the need for a cost-effective and eco-friendly solution, hybrid leisure boats are expected to gain high adoption in the near future. The leisure boat manufacturing companies are already working on the technology and have announced to launch their product in the market soon. For instance, Volvo has announced to commercialize its hybrid marine propulsion concept in 2021. This concept will enable a boat to operate with both electric as well as diesel. The factor above is expected to have a noteworthy impact on the leisure boats market.
Leisure boats market by application is segmented into sailboats, runabouts, jet boats, cabin cruisers, and watercraft. With the increase in real estate waterfront developments each year, the opportunities for the growth of leisure boats are very apparent. The sailboats can be distinguished from the other boats mechanically, as they are propelled entirely or partly by the wind. The Leisure boats market for sailboats in the Middle Eastern region is foreseen to be prominent as during the coming years the region is anticipated to be the most preferred destination for luxury travel and water sports/adventure.
The overall leisure boats market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, the primary interview was conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Leisure boats industry. The leisure boats market report profiles key players such Gulf Craft Inc., Al Shaali Marine, Al Hareb Marine, Al Fajer Marine Llc, Al Seer Marine Supplies & Equipment Company L.L.C, Ribcraft Middle East, Ocean Boats, Al Suwaidi Marine, Al Marakeb Manufacturing Boats Est, and Instinct Marine, among others.
1. INTRODUCTION 10
1.1 SCOPE OF THE STUDY 10
2. LEISURE BOATS MARKET - KEY TAKEAWAYS 11
3. LEISURE BOATS MARKET LANDSCAPE 13
3.1 OVERVIEW 13
3.2 MARKET SEGMENTATION 14
3.2.1 Middle East Leisure Boats Market - By Type 15
3.2.2 Middle East Leisure Boats Market - By Application 15
3.2.3 Middle East Leisure Boats Market - By Country 15
3.3 PEST ANALYSIS 16
3.3.1 Leisure Boats Market - Middle East PEST Analysis 16
4. LEISURE BOATS MARKET - KEY INDUSTRY DYNAMICS 18
4.1 KEY MARKET DRIVERS 18
4.1.1 Government strategies for boosting maritime industry 18
4.1.2 Focus on development of tourism sector 18
4.2 KEY MARKET RESTRAINTS 19
4.2.1 High maintenance cost and lack of repair and maintenance facilities 19
4.3 KEY MARKET OPPORTUNITIES 19
4.3.1 High spending capability of the population and increasing waterfront projects 19
4.4 FUTURE TRENDS 19
4.4.1 Growth in adoption of hybrid leisure boats 19
4.4.2 Evolution of autonomous or self-driving boats 20
4.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS 20
5. LEISURE BOATS MARKET - MIDDLE EAST MARKET ANALYSIS 21
5.1 LEISURE BOATS - MIDDLE EAST MARKET OVERVIEW 21
5.2 LEISURE BOATS - MIDDLE EAST MARKET AND FORECAST TO 2027 21
5.2.1 Middle East Leisure Boats Market Revenue and Forecasts to 2027 (US$ Mn) 21
5.2.2 Middle East Leisure Boats Market Breakdown by Key Countries 23
5.2.2.1 UAE Leisure Boats Market Revenue and Registered Volume Forecast to 2027 (US$ Mn, Unit) 24
5.2.2.2 Kuwait Leisure Boats Market Revenue and Registered Volume Forecasts to 2027 (US$ Mn, Units) 25
5.2.2.3 Qatar Leisure Boats Market Revenue and Registered Volume Forecasts to 2027 (US$ Mn, Units) 26
5.2.2.4 Oman Leisure Boats Market Revenue and Registered Volume Forecasts to 2027 (US$ Mn, Units) 27
5.2.2.5 Rest of Middle East Leisure Boats Market Revenue and Registered Volume Forecasts to 2027 (US$ Mn, Units) 28
6. LEISURE BOATS MARKET REVENUE AND FORECASTS TO 2027 - TYPE 29
6.1 OVERVIEW 29
6.2 LEISURE BOATS MARKET BREAKDOWN, BY TYPE, 2017 & 2027 29
6.3 NEW LEISURE BOATS 30
6.3.1 Overview 30
6.3.2 New Leisure Boats Market Revenue and Registered Volume Forecasts to 2027 (US$ Mn, Units) 31
6.4 USED LEISURE BOATS 32
6.4.1 Overview 32
6.4.2 Used Leisure Boats Market Revenue and Registered Volume Forecasts to 2027 (US$ Mn, Units) 32
7. LEISURE BOATS MARKET REVENUE AND FORECASTS TO 2027 - APPLICATION 33
7.1 OVERVIEW 33
7.2 LEISURE BOATS MARKET BREAKDOWN, BY APPLICATION, 2017 & 2027 33
7.3 SAILBOATS 35
7.3.1 Overview 35
7.3.2 Sail Boats Market Revenue and Registered Volume Forecasts to 2027 (US$ Mn, Units) 35
7.4 RUNABOUTS 36
7.4.1 Overview 36
7.4.2 Runabouts Market Revenue and Registered Volume Forecasts to 2027 (US$ Mn, Units) 36
7.5 JETBOATS 37
7.5.1 Overview 37
7.5.2 Jet Boats Market Revenue and Registered Volume Forecasts to 2027 (US$ Mn, Units) 37
7.6 CABIN CRUISER 38
7.6.1 Overview 38
7.6.2 Cabin Cruiser Market Revenue and Registered Volume Forecasts to 2027 (US$ Mn, Units) 38
7.7 WATERCRAFTS 39
7.7.1 Overview 39
7.7.2 Watercraft Boats Market Revenue and Registered Volume Forecasts to 2027 (US$ Mn, Units) 39
8. INDUSTRY LANDSCAPE 40
8.1 OVERVIEW 40
8.2 MARKET INITIATIVE 40
8.3 NEW DEVELOPMENT 41
9. COMPETITIVE LANDSCAPE 42
9.1 COMPETITIVE PRODUCT MAPPING 42
9.2 MARKET POSITIONING - MIDDLE EAST TOP 5 PLAYERS RANKING 44
10. LEISURE BOATS MARKET, KEY COMPANY PROFILES 45
10.1 GULF CRAFT INC. 45
10.1.1 Key Facts 45
10.1.2 Business Description 45
10.1.3 Financial Overview 45
10.1.4 SWOT Analysis 46
10.1.5 Key Developments 47
10.2 AL SHAALI MARINE 48
10.2.1 Key Facts 48
10.2.2 Business Description 48
10.2.3 Financial Overview 48
10.2.4 SWOT Analysis 48
10.2.5 Key Developments 50
10.3 AL HAREB MARINE 51
10.3.1 Key Facts 51
10.3.2 Business Description 51
10.3.3 Financial Overview 51
10.3.4 SWOT Analysis 52
10.4 AL FAJER MARINE LLC 54
10.4.1 Key Facts 54
10.4.2 Business Description 54
10.4.3 Financial Overview 54
10.4.4 SWOT Analysis 55
10.5 AL SEER MARINE SUPPLIES & EQUIPMENT COMPANY L.L.C 57
10.5.1 Key Facts 57
10.5.2 Business Description 57
10.5.3 Financial Overview 57
10.5.4 SWOT Analysis 57
10.5.5 Key Developments 59
10.6 RIBCRAFT MIDDLE EAST 60
10.6.1 Key Facts 60
10.6.2 Business Description 60
10.6.3 Financial Overview 60
10.6.4 SWOT Analysis 60
10.6.5 Key Developments 62
10.7 OCEAN BOATS 63
10.7.1 Key Facts 63
10.7.2 Business Description 63
10.7.3 Financial Overview 63
10.7.4 SWOT Analysis 63
10.8 INSTINCT MARINE 65
10.8.1 Key Facts 65
10.8.2 Business Description 65
10.8.3 Financial Overview 65
10.8.4 SWOT Analysis 66
10.8.5 Key Developments 67
10.9 AL SUWAIDI MARINE 68
10.9.1 Key Facts 68
10.9.2 Business Description 68
10.9.3 Financial Overview 68
10.9.4 SWOT Analysis 68
10.9.5 Key Developments 70
10.10 AL SHAALI MARINE 71
10.10.1 Key Facts 71
10.10.2 Business Description 71
10.10.3 Financial Overview 71
10.10.4 SWOT Analysis 71
10.10.5 Key Developments 73
11. APPENDIX 74
11.1 ABOUT THE INSIGHT PARTNERS 74
11.2 GLOSSARY OF TERMS 74
11.3 METHODOLOGY 75
11.3.1 Coverage 76
11.3.2 Secondary Research 76
11.3.3 Primary Research 77
LIST OF TABLES
TABLE 1. LEISURE BOATS MARKET REVENUE AND VOLUME FORECASTS TO 2027 (US$ MN, UNITS) 23
TABLE 2. UAE LEISURE BOATS MARKET REVENUE AND REGISTERED VOLUME FORECASTS TO 2027 (US$ MN, UNITS) 24
TABLE 3. KUWAIT LEISURE BOATS MARKET REVENUE AND VOLUME FORECASTS TO 2027 (US$ MN, UNITS) 25
TABLE 4. QATAR LEISURE BOATS MARKET REVENUE AND VOLUME FORECASTS TO 2027 (US$ MN, UNITS) 26
TABLE 5. OMAN LEISURE BOATS MARKET REVENUE AND REGISTERED VOLUME FORECASTS TO 2027 (US$ MN, UNITS) 27
TABLE 6. REST OF MIDDLE EAST LEISURE BOATS MARKET REVENUE AND REGISTERED VOLUME FORECASTS TO 2027 (US$ MN, UNITS) 28
TABLE 7. MIDDLE EAST LEISURE BOATS MARKET REVENUE AND FORECASTS TO 2027 (US$ MN, UNITS) - TYPES 29
TABLE 8. MIDDLE EAST REGISTERED LEISURE BOATS MARKET VOLUME AND FORECASTS TO 2027 (UNITS) - TYPES 30
TABLE 9. MIDDLE EAST LEISURE BOATS MARKET REVENUE AND FORECASTS TO 2027 (US$ MN) - APPLICATION 33
TABLE 10. MIDDLE EAST REGISTERED LEISURE BOATS MARKET VOLUME AND FORECASTS TO 2027 (UNITS) - APPLICATION 34
TABLE 11. GLOSSARY OF TERMS, LEISURE BOATS MARKET 74
LIST OF FIGURES
FIGURE 1. MIDDLE EAST LEISURE BOATS MARKET REVENUE & FORECAST TO 2027 11
FIGURE 2. REGISTERED LEISURE BOATS MARKET BREAKDOWN, BY TYPE, 2017 & 2027 (%) 12
FIGURE 3. LEISURE BOATS MARKET SEGMENTATION 14
FIGURE 4. LEISURE BOATS MARKET SEGMENTATION, BY GEOGRAPHY 14
FIGURE 5. LEISURE BOATS MARKET - MIDDLE EAST PEST ANALYSIS 16
FIGURE 6. LEISURE BOATS MARKET IMPACT ANALYSIS OF DRIVER AND RESTRAINTS 20
FIGURE 7. MIDDLE EAST LEISURE BOATS MARKET REVENUE AND FORECASTS TO 2027 (US$ MN) 22
FIGURE 8. MIDDLE EAST REGISTERED LEISURE BOATS MARKET VOLUME AND FORECASTS TO 2027 (UNITS) 22
FIGURE 9. MIDDLE EAST LEISURE BOATS MARKET BREAKDOWN BY KEY COUNTRIES, 2017-2027 (%) 23
FIGURE 10. MIDDLE EAST REGISTERED LEISURE BOATS MARKET BREAKDOWN BY KEY COUNTRIES, 2017-2027 (%) 23
FIGURE 11. UAE LEISURE BOATS MARKET REVENUE AND REGISTERED VOLUME FORECASTS TO 2027 (US$ MN, UNIT) 24
FIGURE 12. KUWAIT LEISURE BOATS MARKET REVENUE AND REGISTERED VOLUME FORECASTS TO 2027 (US$ MN, UNITS) 25
FIGURE 13. QATAR LEISURE BOATS MARKET REVENUE AND REGISTERED VOLUME FORECASTS TO 2027 (US$ MN, UNITS) 26
FIGURE 14. OMAN LEISURE BOATS MARKET REVENUE AND REGISTERED VOLUME FORECASTS TO 2027 (US$ MN, UNITS) 27
FIGURE 15. REST OF MIDDLE EAST LEISURE BOATS MARKET REVENUE AND REGISTERED VOLUME FORECASTS TO 2027 (US$ MN, UNITS) 28
FIGURE 16. LEISURE BOATS MARKET BREAKDOWN, BY TYPE, 2017 & 2027 (%) 29
FIGURE 17. REGISTERED LEISURE BOATS BREAKDOWN, BY TYPE, 2017 & 2027 (%) 30
FIGURE 18. NEW LEISURE BOATS MARKET REVENUE AND REGISTERED VOLUME FORECASTS TO 2027 (US$ MN, UNITS) 31
FIGURE 19. USED LEISURE BOATS MARKET REVENUE AND REGISTERED VOLUME FORECASTS TO 2027 (US$ MN, UNITS) 32
FIGURE 20. LEISURE BOATS MARKET BREAKDOWN, BY APPLICATION, 2017 & 2027 (%) 33
FIGURE 21. REGISTERED LEISURE BOATS VOLUME BREAKDOWN, BY APPLICATION, 2017 & 2027 (%) 34
FIGURE 22. SAIL BOATS MARKET REVENUE AND REGISTERED VOLUME FORECASTS TO 2027 (US$ MN, UNITS) 35
FIGURE 23. RUNABOUTS MARKET REVENUE AND REGISTERED VOLUME FORECASTS TO 2027 (US$ MN, UNITS) 36
FIGURE 24. JET BOATS MARKET REVENUE AND REGISTERED VOLUME FORECASTS TO 2027 (US$ MN, UNITS) 37
FIGURE 25. CABIN CRUISER BOATS MARKET REVENUE AND REGISTERED VOLUME FORECASTS TO 2027 (US$ MN, UNITS) 38
FIGURE 26. WATERCRAFT BOATS MARKET REVENUE AND REGISTERED VOLUME FORECASTS TO 2027 (US$ MN, UNITS) 39
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