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Sept. 8, 2011 18:00 UTC

Research and Markets: 2011 Report on the $5 Billion US Boat Building Industry

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/4e7f7e/boat_building) has announced the addition of the "Boat Building" report to their offering.

The US boat building industry includes about 1,000 companies with combined annual revenue of about $5 billion. Major companies include Brunswick, Cobalt Boats, and Marine Products. The industry is concentrated: the largest 50 companies generate about 75 percent of revenue.

Companies in the industry make boats intended primarily for consumers' personal use. Construction of military vessels, cruise ships, and commercial freighters is covered in the Shipbuilding and Repair industry profile.

Competitive Landscape

Demand depends on growth in consumer income. The profitability of individual companies is linked to manufacturing efficiencies. Large companies have advantages in marketing and distribution. Small companies can compete by specializing in niche markets.

Products, Operations & Technology

Major product segments are outboard motorboats (40 percent of revenues); inboard motorboats (30 percent); and inboard-outboard boats (20 percent). Other product types include sailboats and canoes. Some boat builders also do repair work, operate marinas, and sell auxiliary equipment and supplies on premises.

Boat building facilities vary from a few thousand square feet to more than 100,000, and outside storage areas may extend to several acres. Most manufacturing locations for larger boats are on navigable waterways, as the finished product can't be shipped over road. Other boat manufacturers locate as close to primary markets as possible to minimize transportation costs.

Key Topics Covered:

Industry Overview

Quarterly Industry Update

Business Challenges

Business Trends

Industry Opportunities

Call Preparation Questions

Financial Information

Industry Forecast

Web Links and Acronyms

For more information visit http://www.researchandmarkets.com/research/4e7f7e/boat_building

Source: First Research

 


Source: Research and Markets

View this news release online at:
http://www.businesswire.com/news/home/20110908005795/en

 

 

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