All Marine Market Reports articles – Page 4
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NorwayLow sales, low expectations as exchange rates add to burden
High end continues to do well, however sales of small boats set on downward trajectory
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Poland
After two booms years market adapts to rising costs and lower export demands
Boatbuilders focus on key export markets of North America and Europe as costs rise
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SloveniaMarinas and yards doing well with full order books; strong push for innovation
With strong order books across the industry, Slovenia is optimistic for future growth.
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PortugalRiding post-Covid tourist boom; boat traffic down slightly - are orcas to blame?
Buoyant tourist industry helping fuel charter sector with promosing outlook for 2024
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UKGrowth slows as inflation cuts into consumer confidence and spending
New boat sales slow, but brokerage holds up as heat ebbs from market
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SpainEconomic and political uncertainties sap momentum following boom
Demand for recreational boats in Spain boomed after the end of strict confinement in 2020, remaining on strong and stable footing for the next two years. In the first half of 2023, however, economic and political uncertainties are thought to have caused a slight slowdown in growth. ...
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TurkeyCurrency issues, marina berth shortages and rising prices pile on pressure
Boating maybe be booming in Turkey, but currency fluctuations, high inflation and regulations and tax policies are having significant impact
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SwedenSales back to pre-pandemic levels; small boats decline while equipment sector rallies
The Nordic markets have been hit with a clear slowdown in boat sales since the early spring boat shows this year. The bigger the boat, the better the sales although the volumes are smaller than during the pandemic.
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NewsSector Spotlight | Autonomous Boating: Robotics comes to boatbuilding
Robotic manufacturing has allowed automakers to slash production costs while achieving significant breakthroughs in product quality. With multiple marine sector manufacturers now beginning to integrate automation into their own operations, could we be on the cusp of a new age in boat building?
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Asia PacificChinese hit full throttle with electric outboard development
IBI reviews the latest developments at China’s key electric outboard and inboard manufacturers
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Asia PacificRoad to recovery as China looks to build on boating interest post Covid
The Chinese leisure marine sector is bouncing back post-Covid, as key regions look to build on growing boating interest
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Asia PacificChina boatbuilders: Latest from Heysea Yacht & Fujian Yihong Yacht
One of mainland China’s major boatbuilding brands is Heysea Yacht, which builds a range of production and full custom motor, sailing cats and superyachts across three brands at its facility in Jiangmen, Guangdong.
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IrelandCovid boom stirs the Celtic Tiger
The Celtic Tiger has been slumbering of late, its leisure marine sector long-plagued by short-sighted officialdom, but could all that be changing? The Covid boating boom has given fresh impetus to industry and to a government that shows signs of waking up to boating’s true potential. This report was conducted ...
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Superyacht TechnologySuperyacht Refit & Repair: A global capacity shortfall
Expansion of refit capacity has to match growth in superyacht fleet size
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IrelandThe Shannon: Ireland’s Growth Sector for Boating
A thriving charter business along the River Shannon has been one of the country’s most consistent growth avenues for boating. It represents a steady chunk of business beside the more cyclical private boat ownership.
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IrelandBooming demand choked by red tape. Could that all be about to change?
Marinas in Ireland are experiencing extremely healthy demand for berths, with operators reporting long waiting lists.
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Asia PacificHow South Korea established itself as a next gen boating tech leader
South Korea has had a leisure boating sector for less than 20 years, but in that time the budding industry has established itself as a global leader in the development of next-generation boating technology
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Asia PacificAutonomous navigation development puts South Korea in driving seat
While South Korea may be a relatively new player in the marine electronics sector, it is rapidly gaining global prominence on the strength of truly eyebrow-raising innovations
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Asia PacificSouth Korea turbocharges marina infrastructure development plans
An initial government commitment to develop four marinas has since blossomed into a much broader strategy to create more than 70 first class facilities in all, catering to everything from fishing vessels to superyachts
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ReportWelcome to Asia's fastest growing boating market
South Korea has emerged as a significant market for luxury goods and a formidable partner for boat builders looking to expand into the Asia-Pacific market
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