About Powered Catamarans
The catamaran is a boat that has two hulls that were designed to be fishing. The catamaran was first created by the fishing community in Tamil Nadu in the 17th century. This concept of two-hulled boats was adopted by the British and then made popular around the globe. Their use has increased widened manifold in today’s time. Now a day, powered catamarans are used, configuration fills a niche for powered vessels, where speed and sea-kindliness are favored over bulk capacity. Powered ships offer consistent speeds without the requirement of wind in comparison to conventional sail models with a highly comfortable ride. Owing to these factors they have found substantial applications as a means of passenger transport and defense applications.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Powered Catamarans market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sunreef Yachts (Poland), Spirited Designs (Australia), Leopard Catamarans (United States), Lagoon catamarans (France), Fountaine Pajot Catamarans (France), Matrix Yachts (South Africa), Voyage (South Africa), TomCat Boats (United States), Robertson and Caine (South Africa), Gemini Catamarans (United States), World Cat (United States), Outremer Yachting (France), Scape Yachts (South Africa) and Seawind Caramarans (Australia) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Alumarine Shipyard, Pedigree Cats Catamaran, Defline, Antares Yacht, Farrier Marine, CATATHAI and Alibi.
Segmentation Overview
AMA Research has segmented the market of Global Powered Catamarans market by Type (Small-waterplane-area twin hull (SWATH), Wave-piercing Catamarans and High-speed Catamaran), Application (Cruising, Passenger Transport, Ocean racing, Sport and Others) and Region.
On the basis of geography, the market of Powered Catamarans has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Usage, the sub-segment i.e. Leisure will boost the Powered Catamarans market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Powered Catamarans Market Dynamics:
Attributes | Details |
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Growth Drivers | - Rising Demand of Engine Powered Boats from Emerging Market
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Influencing Trends | - Technology Advancement and Innovation in Manufacturing of Catamarans
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Restraints | - High Cost Associated With Powered Catamarans
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Road Blocks / Challenges | - Substitutes Available for Catamaran
- Intense Competition Among Players
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Gaps & Opportunities | - Upsurge Demand for Powered Catamarans for Sports Competition
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Market Leaders and their expansionary development strategies
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Key Target Audience
Powered Catamaran Manufacturers, Powered Catamaran Traders, End-Use Market Participants of Different Segments of Powered Catamaran, Government and Research Organizations, R&D Institutions and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.