- Electric hydrofoil boats, equipped with advanced electric propulsion systems and hydrofoil technology, lift the hull above the water surface, reducing drag by up to 80% compared to traditional boats, resulting in higher energy efficiency, extended range, and quieter operation
- The demand for electric hydrofoil boats is fueled by the rising popularity of water sports and leisure activities, increasing urbanization driving the need for efficient water transport solutions, and growing consumer preference for zero-emission vessels
- North America dominated the electric hydrofoil boat market with the largest revenue share of 35% in 2024, driven by a strong recreational boating culture, advanced marine technology infrastructure, and government incentives promoting sustainable watercraft
- Asia-Pacific is expected to be the fastest-growing region during the forecast period, attributed to increasing urbanization, rising disposable incomes, and growing investments in sustainable tourism and marine infrastructure.
- The recreational electric hydrofoil boats segment dominated the largest market revenue share of 74.68% in 2024, driven by increasing consumer demand for sustainable and innovative watercraft for leisure activities
