Global Catamaran Market Expected to Deliver Dynamic Progression until 2027

Posted on 2019-03-14 by Mark Hub in Automotive // 0 Comments

Fact.MR

Fact.MR published an exclusive forecast report for the Catamaran market between 2018 and 2027. The foremost objective of this report on Catamaran market is to pitch spearhead insights on market scenario, demand generators, and technological advancements in Catamaran market. Also, the study on Catamaran market addresses key dynamics are expected to diversify the sales and future prominence of Catamaran market.

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Powered Catamaran to dominant the global Catamaran market

The Powered Catamaran is anticipated to be the most prominent catamaran segment in the global Catamaran market, growing at a significant CAGR of 4.8% by volume during the forecast period.

The rise in cruising and racing events has further enhanced the demand for catamaran in the market. High demand for powered catamaran is due to their efficiency, reliability and increased space. The other catamaran type such as sailing catamaran is relatively growing at steady pace as compared with powered catamaran. It is projected that the market size for Catamaran in powered catamaran segment will reach more than 1,300 units by 2027 in the global Catamaran market.

Medium sized catamaran is estimated To Be the Most Lucrative catamaran size segment in the global catamaran market

The demand for medium sized catamaran is likely to grow at a significant rate and is projected to reach more incremental opportunity as compared to other segments. The market for large sized catamaran is growing at a relatively high pace as compared with other Catamaran. The slow growth in the small sized catamaran market is due to its limited application. The medium sized catamaran held a share of more than 40% in 2017, owing to its applications in chartering services.

Europe: Market Leader in the Catamaran

Europe is likely to hold a majority of share in the global catamarans market, production industry owing to more technologically advanced manufacturing infrastructure required for world-class product ranges. Moreover, the region is attributed with the most experienced workforce that in turn profoundly influences the inclination of consumers for high-end performance catamarans. Owing to this, Europe is anticipated to account for the lion’s share of the overall catamaran industry in the near future. North America catamarans market size is expected to create 3.5% CAGR by volume over the forecast period. Surging investment on luxury boating such as powered cats, yachts, cruisers, and others are positively impacting the overall catamaran market. The regional growth is primarily contributed by the U.S. demand owing to higher income spending on recreational activities, especially in the boating sector.

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Research Methodology

The report offers an in-depth assessment on the Catamaran market, which is based on a tested & proven research methodology that involves comprehensive primary and secondary research approaches. These research methods have helped in arriving at important numbers for the Catamaran market. Data collected on the Catamaran market by these researches go through several validation funnels, examination and re-examination, prior to their inclusion in the report.

Credibility of the statistics evaluated and data acquired on the Catamaran market, bases itself on unique nature of Fact.MR’s research methodology, which claims ensuring greater accuracy and provision of authentic data. Intelligence obtained from opinion leaders and industry experts in the Catamaran market have been extrapolated, meanwhile the contemplation of the data has allowed analysts to develop this analytic and insightful report on the Catamaran market.

Competition Dashboard

The competitive landscape section of the Catamaran market delivers the most insightful information regarding the key market players, their relative global position and business strategies. The market for the Catamaran is estimated to grow over the forecast period as the contenders in the global market are rising and competition with the existing players is estimated to grow in the next ten years.

The manufacturers in Catamaran market to expand with strategic developments such as product launches, product innovation, expansion, partnership & collaborations, and merger & acquisitions in the Catamaran market. Key players operating in the global market for Catamaran, includes Grup Aresa Internaciona, Fountaine Pajot, Robertson & Caine, Outremer Yachting, Catana Group, and Lagoon. Other prominent players in catamaran market are Matrix Yachts, LOMOcean Design, African Cats, Alumarine Shipyard, Seawind, Incat Crowther, Bavaria, Voyage and LeisureCat. These companies are totally focused on improving structural stability along with developing high catamaran for sporting performance in decreasing sailor risk in high-quality product range.

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