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Water Taxi Market Share

Report ID: GMI2510
Published Date: Apr 2018
Report Format: PDF

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Water Taxi Market Share

Beneteau Group
Brunswick
Azimut-Benetti
Ferretti
Sunseeker
Bavaria Yachtbau
American Sail Inc
Catalina Yachts
MacGregor
Hunter
Princess

are among other prominent industry players. The competitors are focusing towards regular innovations to enhance their visibility among the customers. They are highly involved in production of autonomous water taxis to gain competitive edge. Moreover, they are indulged in adopting marine hybrid propulsion, resulting in enhanced products with lesser marine pollution and compliance with the regulations associated with marine industry.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of water taxi was valued at over USD 380.9 billion in 2017.

The industry share of water taxi is estimated to exhibit 4% CAGR from 2018 to 2024.

According to the analysts at GMI, North America industry is anticipated to exceed a revenue of USD 287 billion by 2024.

Increased preference for sail boats over any other marine transport for travelling shorter distances on account of cost effectiveness is gradually increasing their demand in the industry.

Hybrid taxis will witness growth of over 5% from 2018 to 2024. This can be credited to numerous benefits offered such as lesser noise and water pollution than diesel.

Beneteau Group, Brunswick, Azimut-Benetti, Ferretti, and Sunseeker are among the noticeable participants in the market.