Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1532.47 million | USD 3018.32 million | 7.82% | 2023 |
FrequentlyAsked Questions
A fishing boat is a pontoon or ship that is used to capture fish in the ocean, lakes, or streams. Commercial, recreational, and artisanal fishermen use a broad range of fishing boats. Aquatic resource collection and production take either in the wild or under controlled conditions in aquaculture. Both employ a mix of innovative and highly industrial technology, including vessels and equipment as well as fishing apparatus and tactics.
The Fishing Boat market is being driven by various factors including technological advancements, growing popularity of fishing in individuals, rising product launches and many others.
According to the report, the global market size was worth around USD 1532.47 million in 2023 and is predicted to grow to around USD 3018.32 million by 2032.
The global Fishing Boat market is expected to grow at a CAGR of 7.82% during the forecast period.
The global Fishing Boat market growth is expected to be driven by the Asia Pacific. It is currently the world’s highest revenue-generating market due to the growing fish consumption.
The global Fishing Boat market is dominated by players like Smoker Craft Inc, Rolls-Royce plc, Brunswick Corporation, Simek AS, White River Marine Group, KARSTENSENS SKIBSVÆRFT A/S, Astilleros Armon, Yamaha Motor Company Ltd., Correct Craft, Kleven AS, Bombardier Recreational Products Inc and Wärtsilä among others.
The Fishing Boat Market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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