Posted 12/8/2023, 11:30:00 AM
Hybrid Boat Market to Reach $2.7 Billion by 2028, Driven by Sustainability Trends and Advanced Designs
- Hybrid boats market worth $2.7 billion by 2028, growing at a CAGR of 10.4% from 2023-2028
- Driven by demand for sustainable marine vessels and advanced technology
- Europe estimated to have the highest CAGR during the forecast period
- Aluminium hull boats to see strong growth due to light weight and corrosion resistance
- Major players include Brunswick, Beneteau, Greenline Yachts, Candela Technology, and Silent Yachts