According to Stratistics MRC, the Global Catamaran Market is accounted for $4.40 billion in 2022 and is expected to reach $6.98 billion by 2028 growing at a CAGR of 8.0% during the forecast period.
A catamaran is a multi-hulled watercraft featuring two parallel hulls of equal size. It is a geometry-stabilized craft, deriving its stability from its wide beam, rather than from a ballasted keel as with a monohull boat. They are larger, more stable boats, and so in most situations this will make them a “safer” sailboat than a comparably sized monohull.
Catamaran type such as sailing catamaran is comparatively mounting at steady pace as associated with powered catamaran. High demand for powered catamaran is owing to their efficiency, reliability, and increased space. Cockpit and living room between 2 hulls offer really a great space, it is much more space then on monohulls of the same length. It is important especially in destinations, where a lot of time spend anchoring and in marinas. It is also of great value, when there are kids onboard. This leads to the growth of the market in near future.
By geography, North America is projected to hold the largest market share during the forecast period. Due to the increasing consumer spending on outdoor recreational activities is fuelling the market revenue. Moreover, consumers in the province are making large investments in outdoor recreational activities such as fishing, cruising, and boating are some of the few fators propelling the market growth in North American region.
Some of the key players profiled in the Catamaran Market include African Cats B.V., Bavaria Yachtbau GmbH, Catana Catamarans, Construction Navale Bordeaux, Fountaine Pajot, Gemini Catamarans, Leopard Catamaran, Nautitech Catamarans, Robertson and Caine, Sunreef Yachts.
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By Products:
- Sailing catamarans
- Powered catamarans
By Sizes:
- Small (Below 15m)
- Medium (15m-30m)
- Large (Above 30m)
By Applications:
- Commercial
- Defense
- Sports and Cruising
- Passenger Transport
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