Powered Catamaran Market, by Application (Cruising, Passenger Transport, Military, and Others), and by Region - Global Industry Insights, and Forecast till 2023

  • Published On : Apr 2018 |
  • Pages : 250 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Powered Catamaran Market

A recent development in design such as configuration fills in niche powered vessels, where the speed and sea kindliness is favored with bulk capacity, has led to introduction of power catamaran. It incorporates features of a motor yacht and combines it with conventional sailing characteristics of a multi-hull. These catamarans are designed with low clearance and significantly with better speed and range than a conventional catamarans. The hulls on the powered catamaran are finer than those of the conventional catamaran, which provides far less resistance.

Powered Catamaran Market Driving Factors

Major factors expected to drive growth of the global powered catamaran market are the benefits offered by these over conventional catamaran. Conventionally, powered catamarans were used for racing or sports purposes, however, over the past few years these have been manufactured for cruising application due to technological advancement such as enhanced speed and safety features coupled with increased stability, which has led to increased adoption of powered catamarans for various applications. Along with sports and cruising, powered catamarans are also been utilized for other applications such as passenger transport and military. Advancements in terms of reliability and enhanced speed and stability such as powerful engines and durable body of the hulls has aided powered catamarans to scale large distance in shorter time periods and offer enhanced comfort and safety. Moreover, it is light weight and offers efficient performance. These are the factors driving powered catamaran market growth.

Powered Catamaran Market Restraint

Major factor expected to restraint growth of the powered catamaran market is stringent environment protection regulations. Stringent government regulation regarding oil and fuel discharge and other harmful chemicals and toxins is among the major factor expected to hinder the global market growth during the forecast period. For instance, according to Federal Refuse Act, the discharge of fuel, oil, oily wastes, and hazardous substances is completely prohibited into the waters of the U.S. or the waters of the contiguous zone. In addition to this, under state law F&GC 5650 prohibits discharges of petroleum and other substances harmful to fish, plants, mammals, and birds.

Powered Catamaran Market Competition Structure

High investment is a major barrier for growth of the industry. A substantial number of powered catamaran manufacturers seem to face cash flow problems and have difficulties financing their business. In this business model, companies need to purchase components and assemble their crafts, before it can be sold as an end product. Hence, manufacturer needs to invest high amount initially for the production. Moreover, volatile demand for these powered catamaran is expected to hamper sale as well as production of these powered catamarans.

Additionally, lack of harmonized registration system is a problem for growth of the market. For example, the U.K. and Germany have a clear national registration system, while the Netherlands lacks such a national system. Owing to this reason, it is difficult to understand the number of boats present in a country, and pay taxes or VAT.

Figure: Global Powered Catamaran Market Industrial Chain Analysis

powered catamaran market

Source: Coherent Market Insights Analysis, 2018

North America Market Accounted for the Largest Share in 2016

On the basis of region, the global powered catamaran market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The market in North America is expected to exhibit the highest CAGR during the forecast period. This growth is attributed to high adoption of powered catamaran in developed economies such as the U.S. and Canada. These two countries are expected to exhibit high demand for powered catamarans over the forecast period. This growth is attributed to presence of established manufacturers such as Leopard Catamarans in this region. Furthermore, various international shows conducted in this region could also aid in growth of the market. For instance, Seawind Catamarans (Australia-based) launched Seawind 1260 catamaran at the Miami International Boat Show, in February 2018. According to North American Sailing Industry Study, 2015 multihulls represented 20% of overall domestic production in 2015 that means one in five sail boats built in North America was a multihull. According to the same study, multihulls unit production increased by 3% in 2015 over 2014.

Key companies

Major players operating in the global powered catamaran market include Sunreef Yachts , Spirited Designs, Leopard Catamarans, Lagoon Catamaran, Fountaine Pajot, Matrix Yachts, Voyage Yachts, TomCat Boats, Robertson and Caine, Gemini Catamarans, WorldCat, Outremer Yachting, Scape Yachts, Seawind Group Holdings Pty Ltd, Alumarine Shipyard, Pedigree Cat ,Inc., Farrier Marine, Catahai Co. Ltd, and Alibi Catamarans.

Powered catamarans offer several advantages such as low clearance, better speed, and range over a monohulls. Moreover, as powered catamarans have two hulls, they are more stable than monohulls and are efficient in terms of energy consumption. Furthermore, in extreme weather conditions, powered catamaran avoid sail issues as sail itself is either absent and the helm is inside. These catamarans are installed with advanced engines and comfort features such as spacious, and ease in handling keeping consumer needs in mind.

Market Dynamics

Increasing demand for light weight and spacious powered catamaran is expected to be a key trend in the market. The new generation of catamarans, use modern composite construction and engineering to build lighter, larger, and more spacious with good power-to-weight characteristics. Currently, larger catamarans are preferred. The average catamaran used for cruising tends to be more in the 45ft to 50ft range. With composite engineering and installation of technologically advanced equipment such as electric winches, furling systems, and reliable auto pilot, it is now possible to reduce crews to sail larger boats with larger rigs. Modern catamarans are bigger volume with more stiff and torsion resistant construction, without compromising stability and safety. These are expected to be major factors for growth of the market over the forecast period.

Key features of the study:

  • This report provides in-depth analysis of powered catamaran market size (US$ Million), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017– 2023), considering 2015 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
  • It profiles leading players in the global powered catamaran market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, strategies, and future plans
  • Companies covered as part of this study include Sunreef Yachts, Spirited Designs, Leopard Catamarans, Lagoon Catamaran, Fountaine Pajot, Matrix Yachts, Voyage Yachts, TomCat Boats, Robertson and Caine, Gemini Catamarans, WorldCat, Outremer Yachting, Scape Yachts, Seawind Group Holdings Pty Ltd, Alumarine Shipyard, Pedigree Cat, Inc., Farrier Marine, Catahai Co. Ltd, and Alibi Catamarans.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, product upgrades, market expansion, and marketing tactics
  • The global powered catamaran market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the global powered catamaran market

Detailed Segmentation:

  • Global Powered Catamaran Market, By Application:
    • Cruising
    • Passenger Transport
    • Military
    • Others
  • Global Powered Catamaran Market, By Geography:
    • North America
      • By Application:
        • Cruising
        • Passenger Transport
        • Military
        • Others
      • By Country:
        • U.S.
        • Canada
    • Europe
      • By Application:
        • Cruising
        • Passenger Transport
        • Military
        • Others
      • By Country:
        • Germany
        • UK
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Application:
        • Cruising
        • Passenger Transport
        • Military
        • Others
      • By Country:
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Latin America
      • By Application:
        • Cruising
        • Passenger Transport
        • Military
        • Others
      • By Country:
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East
      • By Application:
        • Cruising
        • Passenger Transport
        • Military
        • Others
      • By Country:
        • GCC Countries
        • Israel
        • Rest of Middle East
    • Africa
      • By Application:
        • Cruising
        • Passenger Transport
        • Military
        • Others
      • By Country:
        • Northern Africa
        • Central Africa
        • South Africa
  • Company Profiles
    • Sunreef Yachts *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments/ Updates
    • Spirited Designs
    • Leopard Catamarans
    • Lagoon Catamaran
    • Fountaine Pajot
    • Matrix Yachts
    • Voyage Yachts
    • TomCat Boats
    • Robertson and Caine
    • Gemini Catamarans
    • WorldCat
    • Outremer Yachting
    • Scape Yachts
    • Seawind Group Holdings Pty Ltd
    • Alumarine Shipyard
    • Pedigree Cat, Inc.
    • Farrier Marine
    • Catahai Co. Ltd
    • Alibi Catamarans. 

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Powered Catamarans Industry
      • Definition
      • Industry Trend
    • Industry Chain
      • Upstream
      • Technology
      • Downstream
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Merger and Acquisitions
      • New Product Approvals/Launch
  4. Global Powered Catamaran Market, Industry Overall
    • Industry History
    • Development Prospect
    • Competition Structure
    • Relevant Policy
    • Trade Overview
  5. Global Powered Catamaran Market Competition
    • Companies Competition
    • Industry Competition Structure Analysis
      • Rivalry
      • Threat of New Entrants
      • Substitutes
      • Bargaining Power of Suppliers
      • Bargaining Power of Buyers
  6. Global Powered Catamaran Market, By Application, 2015 - 2023 (USD Million)
    • Introduction
      • Market Share Analysis, 2015 and 2023 (%)
      • Segment Trends
    • Cruising
      • Introduction
      • Market Size and Forecast, 2015 - 2023, (USD Million)
    • Passenger Transport
      • Introduction
      • Market Size and Forecast, 2015 - 2023, (USD Million)
    • Military
      • Introduction
      • Market Size and Forecast, 2015 - 2023, (USD Million)
    • Others
      • Introduction
      • Market Size and Forecast, 2015 - 2023, (USD Million)
  7. Global Powered Catamaran Market Demand by Segment
    • Demand Situation
      • Industry Application Status
      • Industry SWOT Analysis
        • Strengths
        • Weakness
        • Opportunities
        • Threats
      • Major Customer Survey
      • Demand Forecast
  8. Global Powered Catamaran Market, By Regions, 2015 - 2023 (USD Million)
    • Introduction
    • Market Share Analysis, By Region, 2015 and 2023 (%)
    • North America
      • By Segment
        • Market Size and Forecast, By Application, 2015 - 2023 (USD Million)
      • By Country
        • U.S.
        • Canada
    • Europe
      • By Segment
        • Market Size and Forecast, By Application, 2015 - 2023 (USD Million)
      • By Country
        • Germany
        • UK
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Segment
        • Market Size and Forecast, By Application, 2015 - 2023 (USD Million)
      • By Country
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest Of Asia Pacific
    • Latin America
      • By Segment
        • Market Size and Forecast, By Application, 2015 - 2023 (USD Million)
      • By Country
        • Brazil
        • Mexico
        • Rest Of Latin America
    • Africa
      • By Segment
        • Market Size and Forecast, By Application, 2015 - 2023 (USD Million)
      • By Country
        • South Africa
        • Central Africa
        • North Africa
    • Middle East
      • By Segment
        • Market Size and Forecast, By Application, 2015 - 2023 (USD Million)
      • By Country
        • GCC
        • Israel
        • Rest Of Middle East
  9. Competitive Landscape
    • Company Profiles
      • Covering
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Sunreef Yachts
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Spirited Designs
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Leopard Catamarans
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Fountaine Pajot Catamarans
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Matrix Yachts
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Voyage
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • TomCat Boats
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Alibi Catamarans
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Robertson and Caine
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Gemini Catamarans
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • WorldCat
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Outremer Yachting
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Scape Yachts
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Seawind Group Holdings, Pvt. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Alumarine Shipyard
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Pedigree Cats Catamaran
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Farrier Marine
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • CATATHAI
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Analyst Views
  10. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse all the market data tables and figures on "Powered Catamaran Market- Global forecast to 2023”.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
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  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
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Data Processing

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Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

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  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

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