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Deck Boat Market Trends

  • Report ID: GMI6571
  • Published Date: Dec 2024
  • Report Format: PDF

Deck Boat Market Trends

Catamaran-style deck boats are gaining popularity due to their stability, spaciousness, and smoother ride compared to traditional monohull boats. With two hulls providing better balance, these boats are ideal for family outings, water sports, and fishing. Additionally, their increased fuel efficiency and reduced wake generation make them appealing to eco-conscious buyers. This growing preference is shaping design innovations and fueling demand in coastal areas.
 

For instance, in April 2024, Silent-Yachts unveiled its first 19-meter solar-electric catamaran, the Silent 62 3-Deck, at its facility in Fano, Italy. This innovative model boasts three decks, a significant upgrade from its predecessor, the Silent 60, which featured a traditional flybridge. The Silent 62 represents a leap forward in sustainable luxury cruising, incorporating advanced solar-electric propulsion technology.
 

High initial costs and ongoing ownership expenses can be significant barriers for consumers considering deck boats. The upfront cost of purchasing, particularly for luxury or specialized models, can range from tens of thousands to over a hundred thousand dollars, which can deter budget-conscious buyers. Additionally, maintenance costs for these boats, including engine servicing, storage fees, and seasonal upkeep, can be substantial. These financial burdens may discourage frequent use or limit market growth, especially in regions where boating is more of a seasonal or recreational activity.

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The market size of deck boat reached USD 2.1 billion in 2024 and is set to grow at a 7.2% CAGR from 2025 to 2034, driven by the increasing popularity of water sports and rising disposable incomes.

The wakeboard segment held 38% of the market share in 2024, led by growing interest among younger demographics and innovations like ballast systems and surf gates that enhance the wakeboarding experience.

The North America market accounted for 61% of the revenue share in 2024 and is projected to exceed USD 2.5 billion by 2034, fueled by rising disposable incomes, advancements in boat technology, and seasonal tourism.

The key players in the industry include Bayliner, Crownline, Glastron, Marine Products, MasterCraft Boat, Polaris, Sea Ray, Southwind Boats, Starcraft Marine, and Tahoe.

Deck Boat Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 10
  • Tables & Figures: 190
  • Countries covered: 21
  • Pages: 160
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