“Shift toward Electric and Hybrid Propulsion Systems”
The recreational boats market is witnessing significant growth, driven by rising disposable incomes, increasing participation in water-based leisure activities, and advancements in marine technology. A key trend shaping the market is the shift toward electric and hybrid propulsion systems, as sustainability and environmental concerns gain prominence. Leading manufacturers are focusing on electrification and fuel efficiency to meet stringent emission regulations and consumer demand for eco-friendly boating solutions. For instance, Brunswick Corporation launched the Avator 7.5e electric outboard motor, offering zero-emission propulsion for small boats such as tenders and kayaks. Similarly, Azimut Benetti Group introduced the Benetti B.Yond 37M, equipped with a hybrid system that optimizes energy consumption and reduces CO2 emissions by up to 24%. These innovations are transforming the industry, making recreational boating more sustainable and efficient. With government incentives and increased adoption of electric-powered boats, the market is expected to expand, particularly in North America and Europe.
