Rising issues related to pollution resulting from boats has been stimulating the adoption of electric boats across the globe. Growing expenditure on the tourism activities as well as recreational purposes is expected to create lucrative growth opportunities for the electric boats market in the near future.
Future Market Insights has been carrying out a thorough study based on electric boats market that would be eventually beneficial for end-users as well. This has also enabled the analysts to reveal certain factual information with regards to electric boats market for forthcoming years. The study has indicated that the electric boats market will expand at a robust CAGR of 11.0% during the projection period, 2018-2028, in order to touch an evaluation of nearly US$ 327,678.2 Th by 2028-end.
Developing advanced, innovative and highly effective electric boats is expected to be a notable trend that will be witnessed positively influencing growth of the electric boats market worldwide. Analysts have made it up to the industry allies and market audiences by catering to their existing as well as emerging concerns with regards to electric boats market.
Did you find out what the manufacturers in the electric boats market are strategizing for expansion of the global market?
Yes. Manufacturers are planning to advance as well as innovate the designs with regards to solar hybrid electric boats along with enhanced passenger capacity, which in turn will fuel the demand for electric boats, thereby increasing customer-base.
Any opportunities that exist or are likely to emerge for the growth of electric boats market?
Yes. According to the current scenario, pure electric boats are likely to create lucrative growth opportunities for the electric boats market across the globe during the anticipated period.
Have you come across the trends in electric boats market?
Yes. Very much. According to the current scenario, electric boats of solar hybrid type are trending significantly in the global market due to their eco-friendly features.
What factors can you pick up as major ones that will drive the growth of electric boats market?
Well, one of the major factor driving the growth of electric boats market across the globe is the growing security purposes such as patrolling and monitoring. Increasing adoption of electric boats as rescue vehicles has also been significantly stimulating the growth of global market since the recent past.
What is it with the regions in electric boats market? Can you point out some beneficial points regarding them?
Yes. Of course. Europe and North America are likely to prove highly profitable for the revenue growth of electric boats market across the globe due to increasing number of fishing and boating activities in the regions.
Have you picked up the leading players in electric boats market? Can you name them?
Yes I certainly can. So far, Misty Harbor Boats, Habbeké Shipyard, Dalian ODC Marine Manufactory Co., Ltd., Canadian Electric Boat Company, Greenline Yachts, White River Marine Group, LLC, and Grove Boats SA amongst others are picked up as the leading players in electric boats market.
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