Market Overview:
A Pontoon boat has a large, flat deck that’s mounted on top of two or more metal tubes called pontoons. The pontoons, made of round aluminum cylinders, contain reserve buoyancy and allow designers to create deck plans fitted with all sorts of accommodations, such as expansive lounge areas, stand-up bars, and sun pads. Pontoon boats are mainly used for recreational purposes. The boat market is highly volatile since the demand is dependent on numerous factors including fuel prices, tourist visits in coastal regions among others.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Lowe Boats (United States), Polaris Industries (United States), Perebo GmbH & Co. KG (Germany), Manitou (United States), Avalon (United States), Bentley Pontoons (United States), White River Marine Group (United States), Starcraft Marine (United States), Allheart Marine (China) and Moskit (Poland) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Manufacturers of Pontoon Boat Market Study:
Lowe Boats (United States), Polaris Industries (United States), Perebo GmbH & Co. KG (Germany), Manitou (United States), Avalon (United States), Bentley Pontoons (United States), White River Marine Group (United States), Starcraft Marine (United States), Allheart Marine (China) and Moskit (Poland)
Pontoon Boat Market Segment Analysis
Scope | Sub-Segments |
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Type | Performance, Water Sports, Luxury, Fishing, Family-Fun and Value |
Number of Tubes | Two-Tube Pontoon,Three-Tube Pontoon |
Propulsion | Outboard Engine,Stern Drive Engine |
Power Sources | Gasoline,Propane,Electric |
Pontoon Boat Market Changing Dynamics
Attributes | Details |
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Growth Drivers | - Demand from the Recreational Boating Sector Is the Key Driver
- High Demand for Charter Services for Transportation of Cargo or People
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Influencing Trends | - Shifting Demand from Boat Ownership to Rental
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Restraints | |
Road Blocks / Challenges | - High Volatility of Local Demand and Unpredictability of Non-Resident Visits To Coastal Regions
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Gaps & Opportunities | - The Alignment of International Regulatory Framework Likely To Reduce the Entry Barriers
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Some of the other players that are also part of study are J.C. Manufacturing, Inc. (United States), Cypress Cay (United States), Nord Star Marine (United States) and Harris (United States). The Global Pontoon Boat market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
Polaris Industries, maker of snowmobiles, off-road vehicles and motorcycles acquired Boat Holdings in 2018. The U.S. market for pontoon boats is the largest and fastest-growing segment of the industry. Polaris aimed to enter the market after examining a strong overlap between the different types of power sports with some 30% of Polaris’s existing customers owning a boat. The acquisition will round out Polaris’s portfolio of power-sports products and, provide opportunities for cross-selling.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Pontoon Boat market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Pontoon Boat market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Pontoon Boat Manufacturer, Government Agencies, Raw Material Supplier, End-User and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.