Report Code: A08500 | Pages: NA | Apr 2023 | 3904 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Fishing Boat Market
Request Now !Fishing boat is a pontoon or ship, which is used to catch fish in the ocean, or on a lake, or stream. A wide variety of fishing boats are utilized in commercial, recreational fishing, and artisanal. Collecting of aquatic resources and production is done either in the wild or in controlled situations in aquaculture. Both of them use a combination of innovation from distinctive to highly industrial technologies, incorporating vessel and equipment just as fishing apparatuses and methods. Fisheries and aquaculture require the utilization of innovative technologies and the use of engineered filaments, hydraulic equipment, and fish handling. Therefore, increase in demand for boating as a major outdoor activity is expected to drive the fishing boat market over the forecast period.
COVID-19 scenario analysis:
Rise in popularity of recreational activities and growth in awareness of the health benefits associated with seafood are expected to spur the demand for fishing boat over the forecast period. Moreover, substitutes, such as fiberglass fishing boats, and the corrosive effect of marine water restrain the growth of the aluminum fishing boat market. Furthermore, increase in recreational outdoor activities is expected to provide significant investment opportunities for the growth of the market.
The fishing boat market trends are as follows:
There has been a rise in recreational activities, such as fishing and boating, across the globe, which has created rise in demand for fishing boats. The advanced features offered by fishing boats, such as long shelf life, durability, customization, and environment-friendliness, further attract more customers. Therefore, the demand for fishing boat is anticipated to further increase over the forecast period.Â
Increase in demand for fishing globally and rise in awareness about the health benefits associated with seafood, such as tuna, ground-fish, and salmon, create more demand for the product. Outdoor participation along with the demand for seafood has tremendously fueled the fishing boat market and it is anticipated to drive further over the forecast period.    Â
Key benefits of the report:
Questions answered in the fishing boat market research report:
Fishing Boat Market Report Highlights
Aspects | Details |
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By Type |
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By Size |
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By Engine |
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By Region |
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Key Market Players | Brunswick Corporation, White River Marine Group, Bombardier Recreational Products Inc, Correct Craft, Astilleros Armon, KARSTENSENS SKIBSVÆRFT A/S, Simek AS, Kleven AS, Rolls-Royce plc., Wärtsilä, Smoker Craft Inc, Yamaha Motor Company Ltd. |
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