Latest News: Boat Rentals Market 2024-2028 - North America at the Forefront of Market Growth 

The boat rentals market size by Propulsion (Fuel powered, Electric boats, and Others) and Geography (North America, Europe, APAC, South America, and Middle East and Africa), is forecast to increase by USD 243.9 million. The market is expected to grow at a CAGR of 13.63% between 2024 and 2028.

• The global maritime industry reports a high incidence of recreational boating accidents, particularly in the US, with the Coast Guard noting 4,040 incidents in 2022, resulting in 636 fatalities, 2,222 injuries, and around USD 63 million in property damage. Leading causes include operator inattention, inexperience, disregard for hazards, excessive speed, and machinery failure, raising concerns among market stakeholders.
• Despite the challenges posed by the risk of maritime accidents, the sector is growing due to increasing consumer interest in water sports and leisure activities. Companies are focusing on improving customer experiences through advanced technologies and personalized services, while the market also benefits from water tourism and unique water-based adventures along scenic rivers and canals.

To know which are the key countries participating in each region access the full report 

Some of the Key Companies:

• BLUE BAY MARINE
• Blue Boat Yacht Entertainment Co.
• Boating Inc.
• Boatjump SL
• CLICKANDBOAT SAS
• GETMYBOAT INC.
• GlobeSailor SAS
• Groupe Beneteau
• NAVIGARE YACHTING AB
• Odyssey Boats
• Sailo Inc.
• SamBoat
• Travelopia Group
• West Coast Marine Yacht Services Pvt. Ltd.
• Yachtico GmbH
• Zizooboats GmbH

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/