Boat Trailers: Key Facts, Trends, and Innovations

Boat trailers have over the years become a mainstream accessory for most boat owners around the world. Major advantages of convenience in boating operations have boosted demand. On one hand, applications of marina-based boats are limited by factors such as weather, distance, and operation time. On the other hand, boat trailers allow the boat to be moved to any place. In addition, boat trailers also play major roles in reducing maintenance requirements, which has only served to boost demand in recent years.

Boat Trailer market

Self-Propelled Boat Trailers are Gaining Interest

Commercial boat trailers function on hydraulic systems, and are commonly found in marinas, at boat building facilities, boat yards, boat dealers, and boat hauling operations. Of these self-propelled variants are gaining more attention from boat manufacturers and owners. These vehicles share many features of conventional hydraulic options, but these machines also comprise independent tractor units, which optimizes commercial boat hauling operations in terms of time and fuel costs.

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Boat Design Innovations for Trailering Operations

Pontoon boats are a fairly popular option for potential boat owners owing to their functionality and simplified operations. However, these boats have been a challenge to trailer manufacturers owing to bulky dimensions. However, recent innovations in pontoon boat designs have potentially solved the issue. Island Boats has come up with a new design for pontoon boat bottoms which is designed to expand for operating in water, but retract before being loaded on trailers. Such innovations in the industry are propelling the prospects of boat trailering practices, and contribute to wider adoption.

Essentials of Trailer Maintenance

 A key aspect of consideration for potential buyers of boat trailers is the maintenance requirements and associated costs. This aspect is largely dependent on factors such as the location of usage, frequency of use, parameters of rough usage, and most importantly the quality and design of the trailer.

Key components that require regular inspections include lights, buns & rollers, bearings, tires, and brakes. Purchases from OEMs instead of lesser known third party sellers is often recommended owing to lower risk of counterfeits and standardized quality and design of components. Also galvanized steel boat trailers are popular owing to resistance to corrosion, even in salt water conditions. These factors are also contributing to the popularity of professional repair, replacement, and maintenance services.

Controlling Invasive Species is Gaining Attention

As far as boat trailers go, invasive species can largely include any kind of algae, plant, mollusk, fish, or crustacean species, which are not recognized as native, to the local region. These species are of major concern particularly to environmentalists and fishing communities, as they are considered threats to local lifeforms and biodiversity. In addition, invasive species are also associated with damage to boats and trailers. Trailer maintenance services, and regulations over transmission of species between different bodies of water impact prospects of boat trailer usage.

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Major Factors Influencing Boat Trailer Market Prospects

According to a new write up by Future Market Insights, recent years have witnessed a surge in recreational water activities and marine tourism. Consequently, the demand for boats has gone up steadily, which in turn has provided impetus to the boat trailering industry. However, boat trailers are still largely limited to developed regions in North America and Europe, owing to high costs associated with purchasing, operating, and maintaining boats.

The boat trailer industry is gradually witnessing the growth of competitive pricing strategies, owing to the recent influx of tire-2 and tier-3 manufacturers in the global industry. This trend is expected to provide potential buyers with better bargaining powers and will support the expansion of the industry in the near future.

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About the Author

Nikhil Kaitwade

With over 8 years of experience in market research and consulting industry, Nikhil has worked on more than 250 research assignments pertaining to chemicals, materials and energy sector. He has worked directly with about 35 reputed companies as lead consultant for plant expansion, product positioning, capacity factor analysis, new market/segment exploration, export market opportunity evaluation and sourcing strategies.

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