Leisure Boat Market is estimated to be US$ 67.06 billion by 2030 with a CAGR of 5.1% during the forecast period prophecymarketinsights.com

Leisure boat is also known as recreational boat used for tourism, water sporting, and pleasure. These boats are built with luxurious infrastructure such as accommodation facilities, cabins, and other amenities. Cruises, kayaks, outboard, canoes, watercraft, etc. are some of the types of leisure boats. Runabouts are one of the most popular boats in the US due to easy with which they can be trailered from one body of water to another. For travelling around the world, sailing boats and yachts are commonly used. Catamarans have the advantage of not listing and they let you sail in heavy seas. Additionally, Technological integration in leisure boats is the major factor driving growth of the global leisure boat market. Leisure boats are equipped with characteristics such as digital dashboards, joystick controls, and digital throttles. The adoption of advanced technologies makes boat operations easy, thus boosting growth of the global leisure boat market. Rise in disposable income of consumers is increasing spending on tourism, which in turn is propelling growth of the global market.