RECREATIONAL ROWING BOATS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In January 2023, Brunswick Corporation announced plans to launch an all-electric marine outboard. The Avator 7.5e marks the debut of Mercury Marine's electric outboard motors, a division of Brunswick Corporation. Delivering 750 watts of power at the prop shaft, the Avator 7.5e boasts performance akin to a Mercury 3.5 hp FourStroke outboard. It is used in small boats like tenders, inflatables, and kayaks, offering choices for tiller or remote steering. The Avator series also includes a swappable lithium-ion battery.
• In September 2022, Groupe Beneteau introduced 15 new boat models across its four brands in the day boating segment. Some of these models include the Jeanneau Cap Camarat 10.5 CC, Jeanneau Merry Fisher 1295, Jeanneau DB/43, Four Winns TH36, Wellcraft 355, and Prestige M48.
• In July 2022, Italian shipyard Azimut Benetti Group expanded its lineup with the introduction of the 37-meter Benetti B.Yond model. Equipped with Siemens Energy's innovative E-Mode Hybrid system, the 395GT yacht optimizes energy consumption to match specific usage patterns. This technology significantly reduces onboard noise and vibration, while cutting consumption and CO₂ emissions by up to 24% and minimizing NOx emissions.
• In July 2021, Brunswick's Heyday brand unveiled its latest H22 boat, part of a new series of wake boats. The H22 boasts a length of 22 feet 4 inches and can accommodate up to 14 people.
• In July 2021, Malibu Boats launched the 25 LSV, which is 7.62 meters long and part of its LSV series. This model has a maximum capacity of 18 people, a fuel capacity of 390 liters, and a torque of 430 horsepower.
• In June 2021, Groupe Beneteau introduced the Grand Turiamo 45 luxury boat, featuring high-class interiors and dynamic control. It spans 14.78 meters in length, with a fuel capacity of 900 liters, a freshwater capacity of 400 liters, and dual 440 CV/HP engine power.