All Market Intelligence articles – Page 55
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News
Russian yacht chartering on course for record growth this year
Clients spending longer on board, and turning away from tradional crusiing grounds on hunt for more exotic destinations further north
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USA
Market Overview | USA
Glory Days: Record sales, record profits and record order books leave US boatbuilders smiling, as a pandemic-induced shift toward family recreation combined with a surge in younger, first-time buyers drive what points to sustained growth in the leisure boating industry
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Antigua expects 2022 tourism to top record 2019
This year’s Charter Yacht Show to kick off record tourism season
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MYBA commissions study on contribution of superyacht industry to Europe’s economy
The study was completed by two German students at Queen Mary University in London
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News
Boat boom leads to challenges in Southwest Florida
The upcoming 3-day Memorial Day weekend in America is the much-anticipated ‘official’ start of summer and typically one of boating’s biggest weekends… making it a favourite focus for local news outlets too
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News
Argentina’s headwinds can’t dampen enthusiasm for boating
Argentina’s economy is going through a period of great uncertainty caused by inflation and the devaluation of its currency, the peso. In addition to the critical economic situation, the pandemic is still rife within the country, with a high rate of Covid infection, and low levels of vaccination. In this ...
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News
Canadian dealers face boat inventory, storage shortages
Marina dock and dry stack storage space is also at a premium
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As pandemic wanes, EU sees good growth for 2021, 2022
“The shadow of Covid-19 is beginning to lift from Europe’s economy,” says EU Economy Commissioner
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Sweden
Market struggles to keep pace with boom
Staycations and influx of new buyers prove perfect hothouse for growth as market struggles to keep up with demand
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Germany
Market Overview | Germany
The German boating industry is entering one of its best years, say industry representatives – despite, or potentially because of, the Covid pandemic
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Outboard engines
Cummins | Opportunity Knocks
Cummins aims to grow its marine revenues with an aggressive extension strategy aimed at capturing share in the 30ft-45ft cruiser market
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Inboard engines
Inboard Engines | Sector Overview
In spite of heightened competition from larger outboards and growing interest in hybrid or electric power systems, inboard engine manufacturers find themselves in surprisingly calm waters these days, navigating a comparatively stable market that’s showing signs of growth
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News
First European Covid impact study shows mixed impact on industry in 2020
Report also notes optimism for the years ahead
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Superyacht builders see busy April of deliveries, launches and orders
Lack of shows not hindering flow of work for several yards