Catamarans Market Forecast 2023-2032: Market Size, Drivers, And Trends

The Catamarans Global Market Report 2023, provides comprehensive information on the catamarans market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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https://www.thebusinessresearchcompany.com/report/catamarans-global-market-report

The global catamarans market size is expected to grow from $1.36 billion in 2022 to $1.46 billion in 2023 at a compound annual growth rate (CAGR) of 7.47%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global catamarans market size is expected to reach $1.81 billion in 2027 at a CAGR of 5.62%.

 

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Product innovation is a key trend driving innovation and growth in the catamaran market. Many major players in the industry are focusing on developing new technologies and solutions to reduce their environmental impact and improve efficiency. For example, in March 2023, Alva Yachts GMBH, a German-based electric luxury yacht brand for solar-driven catamarans, launched the Ocean Eco 78. It is uniquely designed as a 23.7-meter multihull yacht that has electric propulsion and transatlantic range. It has an expansive roof that has been specifically conceived for the integrated solar panels, which give it a transatlantic range and virtually unlimited autonomy. The solar cells can provide up to 26 kW, and the battery bank’s capacity is up to 490 kWh.

The catamarans market is segmented:

1) By Product: Sailing Catamarans, Powered Catamarans

 

2) By Size: Small (below 15m), Medium(15m-30m), Large (above 30m)

 

3) By Application: Leisure, Commercial, Defense, Others

Europe was the largest region in the catamarans market in 2022.

 

The table of contents in TBRC’s catamarans market report includes:

1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis

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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis

 

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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