Global Yacht Battery Market - Analysis, Technologies & Forecasts to 2021 - Growing Focus on Emerging Markets by Yacht Builders - Research and Markets

Research and Markets has announced the addition of the "Global Yacht Battery Market 2017-2021" report to their offering.

The global yacht battery market to grow at a CAGR of 2.54% during the period 2017-2021.

The report, Global Yacht Battery Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

The latest trend gaining momentum in the market is AGM batteries replacing lead-acid batteries. Batteries provide the necessary power for starting the boat engine and power the internal electrical components. The main types of batteries used are lead-acid batteries and lithium-ion batteries. Lead-acid batteries are less expensive and are preferred by OEMs for installing in most of the non-luxury yachts.

According to the report, one of the major drivers for this market is growth of boating industry. Increase in the number of boat shows in the US and the rise in the number of participants are driving the boating industry in the country. Sales of powerboats in the US has increased about 80% in 2014. Wakeboard or ski boats, personal watercraft, aluminum fishing boats, pontoon boats, and fiberglass runabouts accounted for the majority of the powerboat sales in the US. About 97 million participants registered for water sports and events in the US in 2014. The boating industry in the US has been positively impacted by the recovery of the US economy, stronger job market, and decrease in fuel prices.

Key vendors

• Saft
• Exide Technologies
• GS Yuasa
  

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by type

PART 07: Geographical segmentation

PART 08: Key leading countries

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

For more information about this report visit http://www.researchandmarkets.com/research/8zth3n/global_yacht

View source version on businesswire.com: http://www.businesswire.com/news/home/20170526005164/en/