The global marine industry is currently experiencing a significant shift in trends, largely driven by evolving end-user preferences and advancements in technology. There's a growing predilection towards ecologically friendly boats, manifesting into increased adoption of hybrid and electric propulsion systems. Moreover, an uptick in the demand for multihull vessels -...
Discover more insightsIn the realm of angling vessels, aluminium constructs have ascended in popularity due to their durability, lightweight nature, and lower costs. Advanced manufacturing processes, such as welding technology, have influenced this market trend. Additionally, consumers preference for customisation, like tailored decking, storage and accessories, stimulates the market's dynamism. There is...
Discover more insightsThe boat rental market's landscape is profoundly influenced by advancements in propulsion technologies. As businesses lean increasingly towards sustainable practices, there's a growing interest in environmentally-friendly alternatives, such as electric propulsion, reducing the usage of fossil fuels significantly. While traditional combustion engines still dominate the sector currently, green solutions are...
Discover more insightsA multitude of factors have been instrumental in steering the boat industry towards substantial growth. Among these, technological advances that enhance boat performance, and increasing disposable income for recreational activities are predominant. Further, development in boat tourism and a surge in watersports activities are also propelling market expansion.
Discover more insightsThe marine construction sector is experiencing a shift towards more sustainable and eco-friendly processes, leveraging technological innovations such as digital design and manufacturing techniques. Additionally, there is an increasing consumer preference for customized, luxury boat designs which has been driving up the market value. The leisure boat segment in particular...
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