CATAMARANS MARKET ANALYSIS

Market Concentration and Competitive Landscape

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Increasing preference for fuel-efficient vessels

Rising environmental concerns along with fluctuating fuel prices have made fuel efficiency an important deciding factor for both personal and commercial vessel buyers across the globe. In this scenario, catamarans have emerged as a highly attractive option due to their inherently superior fuel efficiency compared to monohull ships of similar size and capacity. The twin hull configuration of catamarans allows them to displace less water volume, experience less drag, and require relatively lesser engine power to achieve the same speed as a monohull vessel. As a result, they consume significantly less fuel throughout operations.