Powered Catamaran to dominant the global Catamaran market
The Powered Catamaran is anticipated to be the most prominent catamaran segment in the global Catamaran market, growing at a significant CAGR of 4.8% by volume during the forecast period.
The rise in cruising and racing events has further enhanced the demand for catamaran in the market. High demand for powered catamaran is due to their efficiency, reliability and increased space. The other catamaran type such as sailing catamaran is relatively growing at steady pace as compared with powered catamaran. It is projected that the market size for Catamaran in powered catamaran segment will reach more than 1,300 units by 2027 in the global Catamaran market.
Medium sized catamaran is estimated To Be the Most Lucrative catamaran size segment in the global catamaran market
The demand for medium sized catamaran is likely to grow at a significant rate and is projected to reach more incremental opportunity as compared to other segments. The market for large sized catamaran is growing at a relatively high pace as compared with other Catamaran. The slow growth in the small sized catamaran market is due to its limited application. The medium sized catamaran held a share of more than 40% in 2017, owing to its applications in chartering services.
Europe: Market Leader in the Catamaran
Europe is likely to hold a majority of share in the global catamarans market, production industry owing to more technologically advanced manufacturing infrastructure required for world-class product ranges. Moreover, the region is attributed with the most experienced workforce that in turn profoundly influences the inclination of consumers for high-end performance catamarans. Owing to this, Europe is anticipated to account for the lion's share of the overall catamaran industry in the near future. North America catamarans market size is expected to create 3.5% CAGR by volume over the forecast period. Surging investment on luxury boating such as powered cats, yachts, cruisers, and others are positively impacting the overall catamaran market. The regional growth is primarily contributed by the U.S. demand owing to higher income spending on recreational activities, especially in the boating sector.
The competitive landscape section of the Catamaran market delivers the most insightful information regarding the key market players, their relative global position and business strategies. The market for the Catamaran is estimated to grow over the forecast period as the contenders in the global market are rising and competition with the existing players is estimated to grow in the next ten years.
The manufacturers in Catamaran market to expand with strategic developments such as product launches, product innovation, expansion, partnership & collaborations, and merger & acquisitions in the Catamaran market. Key players operating in the global market for Catamaran, includes Grup Aresa Internaciona, Fountaine Pajot, Robertson & Caine, Outremer Yachting, Catana Group, and Lagoon. Other prominent players in catamaran market are Matrix Yachts, LOMOcean Design, African Cats, Alumarine Shipyard, Seawind, Incat Crowther, Bavaria, Voyage and LeisureCat. These companies are totally focused on improving structural stability along with developing high catamaran for sporting performance in decreasing sailor risk in high-quality product range.
About the Report
Fact.MR published an exclusive forecast report for the catamaran market between 2018 and 2027. The foremost objective of this report on catamaran market is to pitch spearhead insights on market scenario, demand generators, and technological advancements in Catamaran market. Also, the study on Catamaran market addresses key dynamics are expected to diversify the sales and future prominence of Catamaran market.
The report on Catamaran market initiates with an executive overview in which a product definition is provided. The report further proceeds with taxonomy of Catamaran market elaborate on the key segments. Also, the report outlines visionary insights on dynamics of Catamaran market including drivers, restraints, opportunities and trends and pricing analysis along with the key buying factors for Catamaran. Supply chain analysis and pricing analysis of Catamaran market along with the difference between coordinate measuring machine and Catamaran have also been included in the report to help the readers clearly understand the product framework map in Catamaran market.
The global market for Catamaran is further segmented as Type, Size, and by passenger Type and region. Catamaran market register demand from catamaran type. According to type the Catamaran can be segmented as Sailing Catamaran and Powered Catamaran. By Size, it includes Small (upto 30 m), Medium (30-50 m) and Large (Above 50 m). The market for Catamaran can also be segmented on the basis of passenger type which includes Sports, Passenger Transport, Cruising, and Others (Military, Survey Vessels, etc.). The Catamaran market has been evaluated across primary regions such as North America, Latin America, Europe, Japan, Asia Pacific Excluding Japan (APEJ), and Middle East and Africa (MEA).
Additional Questions Answered
The report also provides answers to other important questions related to Catamaran market, such as -
- How many units of different handling capacities tugs will be sold by 2027-end?
- Which type of Catamaran will hold largest volume share for the Catamaran market?
- What will be the growth rate of Catamaran market in Asia Pacific excluding Japan?
- Which region held the maximum share in the global Catamaran market in 2017?
- Which fuel type for Catamaran will most preferable by the end of 2027?
- What will be the effect of ground support equipment market on Catamaran market?
The report offers an in-depth assessment on the Catamaran market, which is based on a tested & proven research methodology that involves comprehensive primary and secondary research approaches. These research methods have helped in arriving at important numbers for the Catamaran market. Data collected on the Catamaran market by these researches go through several validation funnels, examination and re-examination, prior to their inclusion in the report.
Credibility of the statistics evaluated and data acquired on the Catamaran market, bases itself on unique nature of Fact.MR’s research methodology, which claims ensuring greater accuracy and provision of authentic data. Intelligence obtained from opinion leaders and industry experts in the Catamaran market have been extrapolated, meanwhile the contemplation of the data has allowed analysts to develop this analytic and insightful report on the Catamaran market.
Fact.MR offers a 10-year forecast for the catamaran between 2018 and 2027. In terms of value, the catamaran market is expected to register a CAGR of 4.8% during the forecast period (2018–2027). The main objective of the report is to offer insights on the advancements in the global catamaran market. The study provides market dynamics that are expected to influence the current environment and future status of the Catamaran over the forecast period. The primary objective of this report is to offer updates on trends, drivers, restraints, value forecasts and opportunities for manufacturers operating in the Catamaran market.
A section of the report discusses how the overall competition in the Catamaran market is steadily increasing. It discusses various factors that are shaping internal, as well as external, competition in the Catamaran market. Catamaran market is expected to grow at a remarkable pace in the near future. Moreover, rising number of sporting and recreational activities owing to increase in income spending by the high end consumers are anticipated to create healthy growth opportunities for the Catamaran market in the forecast period.
The report provides detailed market share analysis of the Catamaran on the basis of key manufacturers. A section of the report highlights overall country-wise Catamaran market. It provides a market outlook for 2018–2027 and sets the forecast within the context of the report. The report sheds light on key developments and activities executed by the prominent manufacturers operating in the Catamaran market.
Key Segments Covered in Catamaran Report:
On the basis of Type, the Catamaran market can be segmented into:
- Sailing Catamaran
- Powered Catamaran
On the basis of Size, the Catamaran market can be segmented into:
- Small (up to 30 m)
- Medium (30-50 m )
- Large (Above 50 m)
On the basis of Passenger Type, the Catamaran market can be segmented into:
- Passenger Transport
- Others (Military, Survey Vessels, etc.)
On the basis of region, the Catamaran market can be segmented into:
- North America
- Latin America
- Asia Pacific excluding Japan (APEJ)
- Middle East & Africa (MEA)
A detailed analysis for Catamaran has been provided for every segment, in terms of market size (volume and value) analysis for Catamaran.
The report starts with the market overview and provides market definition and analysis about drivers, restraints, opportunities, supply chain analysis, key buying factors and key trends in the Catamaran market. The next section includes global market analysis, analysis by type, size, passenger type, and region level analysis for Catamaran. All the above sections evaluate the market for Catamaran on the basis of various factors affecting the market and cover present scenario and future prospects. For market data analysis, the report considers 2017 as the base year, with Catamaran market numbers estimated for 2018 and forecast made for 2018–2027.
It is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyze the same on the basis of key parameters, such as year-on-year (Y-o-Y) growth, to understand the predictability of the market and to identify the right opportunities for market players.
Another key feature of Catamaran market report is the analysis of all key segments in terms of absolute dollar. This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as in identifying potential resources, from a sales and delivery perspective in the Catamaran.
Research Methodology of Catamaran
The report titled “Catamaran” focuses on providing information regarding the volume and value of market from a global perspective. The research on the Catamaran market was initiated thorough secondary research on the product, using both top-down and bottom-up approaches, right down to the country and segmental level. Overall Ships and Catamaran market trends and growth projections were taken into consideration to arrive at the total Catamaran market. In addition to the above secondary research, yearly revenue generated by the various capacities of Catamaran was estimated.
Furthermore, the yearly revenue generated from Catamaran manufacturing companies from each size were obtained from both primary and secondary sources and then benchmarked at the regional level. Fluctuations in annual prices over the forecast period is based on the historic market trends and expected percentage change in the upcoming years on the basis of investment is done on the patent market and the related industry. Any decline or increase in price in the upcoming years is kept linear for all the regions.
The Catamaran market value, thus, deduced was once again cross verified and validated from the supply side. Fact.MR’s proprietary regression analysis forecast model has been adopted to generate the market estimation for the forecast years and takes into account the effects of macroeconomic factors impacting the overall Catamaran market and was further validated by the primary respondents belonging to different levels across the entire value chain of Catamaran market, such as manufacturers and independent service providers.
In the final section of the Catamaran report, a competitive landscape has been included to provide report audiences with a dashboard view. Detailed profiles of Catamaran manufacturers have also been included within the scope of the report to evaluate their long- and short-term strategies, key offerings and recent developments in the Catamaran. Key players operating in the global market for Catamaran, includes Grup Aresa Internaciona, Fountaine Pajot, Robertson & Caine, Outremer Yachting, Catana Group, and Lagoon. Other prominent players in catamaran market are Matrix Yachts, LOMOcean Design, African Cats, Alumarine Shipyard, Seawind, Incat Crowther, Bavaria, Voyage and LeisureCat and others.
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