All Market Intelligence articles – Page 45
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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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Asia PacificSouth Korea punching above its weight in export markets
A steadily growing presence at international boat shows and industry trade events like IBEX and METSTRADE confirms South Korea’s growing stature as a developing exporter of marine parts and equipment
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Deck hardwareInsight | Lippert: Building a vision for growth
Lippert’s chief marketing officer shares his thoughts on today’s leisure boating sector, growing the aftermarket, and strategies for retaining talented employees
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NewsTrend Watch | Milan Design Week - Why the marine industry were out in force
Milan Design Week (Salone del Mobile) is back to its usual dates post covid, and the marine industry is playing an increasignly significant role
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USAWhat a difference a year makes
As the frantic sales environment of the Covid-19 pandemic fades into memory, the US boat market enters that much anticipated new normal that is on one hand familiar, yet on the other hand different as baby boomers slowly cede market dominance to a new generation of buyers
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USAFinancing is readily available, but at what cost?
As boat builders work to rebuild pipelines different approaches to inventory and financial management are beginning to emerge, as some dealers return to pre-pandemic inventory levels and others choose to operate with leaner stock levels and more of a just-in-time approach
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USABalancing act as boatbuilders focus on affordability
With younger buyers still looking to engage a boat market that’s been challenged by inflationary pressures and multiple interest rate hikes, US boat builders are innovating to maintain an affordable path to entry
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NewsCovid boost has lasting effect on US boating
Latest NMMA figures show that boating’s economic impact jumped 35% between 2018 and 2023
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Remote monitoringKeeping a watchful eye
The market for remote monitoring and security for leisure boats is growing, and some systems can also provide ‘big data’ feedback to help OEMs refine their products
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Galley equipmentNEW PRODUCT FOCUS: Continuous Connectivity
‘Connectivity’ doesn’t work if onboard systems can’t talk to the outside word, which is why a new hybrid platform that automatically selects between satellite, WiFi and cellular feeds aims to bring greater security to vessels at sea
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ItalyAmping up control
Greater electrification of steering and thruster systems offers faster reaction times and more integrated control but hydraulics remain popular, especially for multiple-outboard installations
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NewsPeer-to-peer could help sustain boat ownership
PTP offers alternatives to people who have gone through the “boat ownership lifecycle”
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NewsRaymarine in supply deal with Australian builder
Maritimo to offer Raymarine YachtSense digital switching system on its Maritimo S55
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SwedenInsider | Nimbus CEO Jan-Erik Lindström
President and CEO Jan-Erik Lindström on the Swedish’s builder’s plans following the EdgeWater Boats acquisition; post Covid growth strategies; and electric potential
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NewsRising US dealer inventories leaner than pre-Covid levels
Interest rates seem to have minimal impact
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NewsHISWA: Post-corona, the Dutch are growing boating
The yacht-building and watersports sectors are growing in the Netherlands, says industry trade association
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NewsEconomic impact of US boating sector valued at $230bn
Newly released NMMA data notes 36% increase in economic contribution from US boat sector since 2018
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NewsInventory ready to meet demand in western New York
Boating industry returns to some state of normalcy following two years of pandemic-fuelled growth
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NewsSpeaking to the next generation: cultivation today grows new boaters tomorrow
US industry needs to reach out to new, diverse demographics, NMMA president says
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