레이싱 보트 시장 규모, 점유율, 성장 및 세계 산업 분석 : 유형별, 용도별, 지역별 인사이트 및 예측(2024-2032년)

Growth Factors of racing boat Market

The global racing boat market continues to advance steadily, driven by rapid modernization in marine design, competitive water sports growth, and rising interest in high-performance boating activities. According to the latest estimates, the market was valued at USD 3.69 billion in 2024, reflecting strong demand for performance-optimized vessels used in competitive racing and water sports. The market is projected to reach USD 3.80 billion in 2025, supported by increasing participation in regattas, powerboat competitions, and endurance races. By 2032, the industry is expected to expand to USD 4.79 billion, registering a CAGR of 3.38% during the forecast period.

Racing boats are engineered for maximum speed, agility, and performance. They include rowing shells, sailing yachts, hydroplanes, canoes/kayaks, jet skis, and high-speed powerboats. Materials such as carbon fiber, Kevlar, and lightweight composites allow manufacturers to build ultra-efficient hulls with minimal drag. The sport's inherent demand for acceleration, maneuverability, and top-tier performance continues to push advancements in propulsion systems, foiling technologies, and aerodynamic designs.

Market Influencers and Global Shifts

The racing boat sector is also influenced by international trade and tariff policies. The U.S. imposition of new tariffs on imported marine components-ranging from electronics to stainless steel-has substantially raised manufacturing costs. Import duties of 10% to over 34% on marine parts have led to supply chain disruptions, longer lead times, and increased pricing pressure on American boat builders. These challenges threaten innovation cycles and increase operational costs for the industry.

Despite these economic headwinds, competitive racing events continue to stimulate technological progress, compelling teams and manufacturers to adopt faster engines, improved composites, and advanced onboard electronics. This continuous pursuit of speed and endurance remains a core driver of long-term market growth.

Market Drivers

A significant growth driver is the modernization of materials, propulsion systems, and electronic integration. Racing events worldwide encourage manufacturers to adopt cutting-edge solutions such as hydrofoils, real-time performance analytics, automated control systems, and high-efficiency engines. For instance, innovations like the Mercury Racing 60 APX outboard motor, introduced in March 2024, highlight the sector's commitment to high-performance propulsion suited for competitive racing.

Additionally, lighter and stronger hulls made from composites have reduced drag and increased acceleration capabilities. Advanced navigation systems, GPS-based tactical tools, and digital performance dashboards further enhance competitive performance and attract new entrants to the sport.

Market Restraints

High production and maintenance costs remain a major barrier. Racing boats require sophisticated engineering, high-grade materials, and frequent upkeep, limiting access to wealthy individuals, elite teams, and sponsorship-supported organizations. Safety concerns associated with high-speed marine sports also contribute to rising insurance premiums and stringent compliance regulations, adding to operational expenses. Environmental policies targeting emissions and noise pollution create additional challenges, pushing manufacturers to invest in costly sustainable technologies.

Opportunities and Innovations

The market is entering a new era of electric and sustainable propulsion systems. Electric hydrofoil racing boats, such as those used in the E1 Series, symbolize a major shift toward green, high-performance marine sports. These vessels can reach speeds of up to 50 knots, showcasing the potential of battery-powered racing technology.

Hydrogen-powered boats are another emerging opportunity, with early-stage projects exploring clean propulsion for future competitive events. This shift is supported by rising environmental awareness, government incentives, and the growing presence of marine electrification innovators such as Candela and X-Shore.

Regional Outlook

In 2024, Europe remained the global leader, with a racing boat market size of USD 1.77 billion, driven by strong maritime traditions, advanced manufacturing capabilities, and extensive participation in racing events. North America continues to expand with rising recreational boating enthusiasm and high consumer spending. The Asia Pacific region is emerging rapidly due to coastal development, increasing incomes, and government investment in marine infrastructure. Meanwhile, Latin America and the Middle East & Africa benefit from luxury tourism, coastal sports adoption, and expanding boating communities.

Conclusion

Growing from USD 3.69 billion in 2024 to a projected USD 4.79 billion by 2032, the racing boat market demonstrates stable expansion supported by design innovation, competitive racing culture, and advancements in sustainable propulsion. Despite challenges related to tariffs, safety, and high costs, increasing investments in electric and hydrogen-powered racing boats signal strong long-term market potential.

Segmentation By Boat Type

• Sailboats
• Powerboats
• Rowing Boats
• Hydroplanes
• Canoes and Kayaks
• Jet Skis and Personal Watercraft (PWC)
• Others

By Propulsion System

• Outboard Engine
• Sterndrives Engine
• Inboard Engine
• Propellers
• Drive Shaft

By Length

• 2.5m -7.5 m
• 7.6m - 12m
• 12.1m - 24m
• Above 24m

By Application

• Offshore Racing
• Inshore Racing
• Drag Racing
• Fleet Racing
• Marathon Racing
• Others

By Region

• North America (By Boat Type, By Propulsion System, By Length, By Application and By Country)
  • U.S. (By Length)
  • Canada (By Length)
• Europe (By Boat Type, By Propulsion System, By Length, By Application and By Country)
  • U.K. (By Length)
  • France (By Length)
  • Germany (By Length)
  • Italy (By Length)
  • Northern Europe (By Length)
  • Rest of Europe (By Length)
• Asia Pacific (By Boat Type, By Propulsion System, By Length, By Application and By Country)
  • China (By Length)
  • Japan (By Length)
  • South Korea (By Length)
  • Southeast Asia (By Length)
  • Rest of Asia Pacific (By Length)
• Rest of the World (By Boat Type, By Propulsion System, By Length, By Application and By Sub-Region)
  • Latin America (By Length)
  • Middle East & Africa (By Length)

Table of Content

1. Introduction

• 1.1. Research Scope
• 1.2. Market Segmentation
• 1.3. Research Methodology
• 1.4. Definitions and Assumptions

2. Executive Summary

3. Market Dynamics

• 3.1. Market Drivers
• 3.2. Market Restraints
• 3.3. Market Opportunities
• 3.4. Market Trends
• 3.5. Market Challenges

4. Key Insights

• 4.1. Key Industry Developments - Key Contracts & Agreements, Mergers, Acquisitions and Partnerships
• 4.2. Latest Technological Advancements
• 4.3. Porters Five Forces Analysis
• 4.4. Supply Chain Analysis

5. Global Racing Boat Market Analysis, Insights and Forecast, 2019-2032

• 5.1. Key Findings / Definition
• 5.2. Market Analysis, Insights and Forecast - By Boat Type
  • 5.2.1. Sailboats
  • 5.2.2. Powerboats
  • 5.2.3. Rowing Boats
  • 5.2.4. Hydroplanes
  • 5.2.5. Canoes and Kayaks
  • 5.2.6. Jet Skis and Personal Watercraft (PWC)
  • 5.2.7. Others
• 5.3. Market Analysis, Insights and Forecast - By Propulsion System
  • 5.3.1. Outboard Engine
  • 5.3.2. Sterndrives Engine
  • 5.3.3. Inboard Engine
  • 5.3.4. Propellers
  • 5.3.5. Drive Shaft
• 5.4. Market Analysis, Insights and Forecast - By Length
  • 5.4.1. 2.5m -7.5 m
  • 5.4.2. 7.6m - 12m
  • 5.4.3. 12.1m - 24m
  • 5.4.4. Above 24m
• 5.5. Market Analysis, Insights and Forecast - By Application
  • 5.5.1. Offshore Racing
  • 5.5.2. Inshore Racing
  • 5.5.3. Drag Racing
  • 5.5.4. Fleet Racing
  • 5.5.5. Marathon Racing
  • 5.5.6. Others
• 5.6. Market Analysis, Insights and Forecast - By Region
  • 5.6.1. North America
  • 5.6.2. Europe
  • 5.6.3. Asia Pacific
  • 5.6.4. Rest of World

6. North America Racing Boat Market Analysis, Insights and Forecast, 2019-2032

• 6.1. Market Analysis, Insights and Forecast - By Boat Type
  • 6.1.1. Sailboats
  • 6.1.2. Powerboats
  • 6.1.3. Rowing Boats
  • 6.1.4. Hydroplanes
  • 6.1.5. Canoes and Kayaks
  • 6.1.6. Jet Skis and Personal Watercraft (PWC)
  • 6.1.7. Others
• 6.2. Market Analysis, Insights and Forecast - By Propulsion System
  • 6.2.1. Outboard Engine
  • 6.2.2. Sterndrives Engine
  • 6.2.3. Inboard Engine
  • 6.2.4. Propellers
  • 6.2.5. Drive Shaft
• 6.3. Market Analysis, Insights and Forecast - By Length
  • 6.3.1. 2.5m -7.5 m
  • 6.3.2. 7.6m - 12m
  • 6.3.3. 12.1m - 24m
  • 6.3.4. Above 24m
• 6.4. Market Analysis, Insights and Forecast - By Application
  • 6.4.1. Offshore Racing
  • 6.4.2. Inshore Racing
  • 6.4.3. Drag Racing
  • 6.4.4. Fleet Racing
  • 6.4.5. Marathon Racing
  • 6.4.6. Others
• 6.5. Market Analysis, Insights and Forecast - By Country
  • 6.5.1. U.S.
    • 6.5.1.1. Market Analysis, Insights and Forecast - By Length
      • 6.5.1.1.1. 2.5m -7.5 m
      • 6.5.1.1.2. 7.6m - 12m
      • 6.5.1.1.3. 12.1m - 24m
      • 6.5.1.1.4. Above 24m
  • 6.5.2. Canada
    • 6.5.2.1. Market Analysis, Insights and Forecast - By Length
      • 6.5.2.1.1. 2.5m -7.5 m
      • 6.5.2.1.2. 7.6m - 12m
      • 6.5.2.1.3. 12.1m - 24m
      • 6.5.2.1.4. Above 24m

7. Europe Racing Boat Market Analysis, Insights and Forecast, 2019-2032

• 7.1. Market Analysis, Insights and Forecast - By Boat Type
  • 7.1.1. Sailboats
  • 7.1.2. Powerboats
  • 7.1.3. Rowing Boats
  • 7.1.4. Hydroplanes
  • 7.1.5. Canoes and Kayaks
  • 7.1.6. Jet Skis and Personal Watercraft (PWC)
  • 7.1.7. Others
• 7.2. Market Analysis, Insights and Forecast - By Propulsion System
  • 7.2.1. Outboard Engine
  • 7.2.2. Sterndrives Engine
  • 7.2.3. Inboard Engine
  • 7.2.4. Propellers
  • 7.2.5. Drive Shaft
• 7.3. Market Analysis, Insights and Forecast - By Length
  • 7.3.1. 2.5m -7.5 m
  • 7.3.2. 7.6m - 12m
  • 7.3.3. 12.1m - 24m
  • 7.3.4. Above 24m
• 7.4. Market Analysis, Insights and Forecast - By Application
  • 7.4.1. Offshore Racing
  • 7.4.2. Inshore Racing
  • 7.4.3. Drag Racing
  • 7.4.4. Fleet Racing
  • 7.4.5. Marathon Racing
  • 7.4.6. Others
• 7.5. Market Analysis, Insights and Forecast - By Country
  • 7.5.1. U.K.
    • 7.5.1.1. Market Analysis, Insights and Forecast - By Length
      • 7.5.1.1.1. 2.5m -7.5 m
      • 7.5.1.1.2. 7.6m - 12m
      • 7.5.1.1.3. 12.1m - 24m
      • 7.5.1.1.4. Above 24m
  • 7.5.2. France
    • 7.5.2.1. Market Analysis, Insights and Forecast - By Length
      • 7.5.2.1.1. 2.5m -7.5 m
      • 7.5.2.1.2. 7.6m - 12m
      • 7.5.2.1.3. 12.1m - 24m
      • 7.5.2.1.4. Above 24m
  • 7.5.3. Germany
    • 7.5.3.1. Market Analysis, Insights and Forecast - By Length
      • 7.5.3.1.1. 2.5m -7.5 m
      • 7.5.3.1.2. 7.6m - 12m
      • 7.5.3.1.3. 12.1m - 24m
      • 7.5.3.1.4. Above 24m
  • 7.5.4. Italy
    • 7.5.4.1. Market Analysis, Insights and Forecast - By Length
      • 7.5.4.1.1. 2.5m -7.5 m
      • 7.5.4.1.2. 7.6m - 12m
      • 7.5.4.1.3. 12.1m - 24m
      • 7.5.4.1.4. Above 24m
  • 7.5.5. Northern Europe
    • 7.5.5.1. Market Analysis, Insights and Forecast - By Length
      • 7.5.5.1.1. 2.5m -7.5 m
      • 7.5.5.1.2. 7.6m - 12m
      • 7.5.5.1.3. 12.1m - 24m
      • 7.5.5.1.4. Above 24m
  • 7.5.6. Rest of Europe
    • 7.5.6.1. Market Analysis, Insights and Forecast - By Length
      • 7.5.6.1.1. 2.5m -7.5 m
      • 7.5.6.1.2. 7.6m - 12m
      • 7.5.6.1.3. 12.1m - 24m
      • 7.5.6.1.4. Above 24m

8. Asia Pacific Racing Boat Market Analysis, Insights and Forecast, 2019-2032

• 8.1. Market Analysis, Insights and Forecast - By Boat Type
  • 8.1.1. Sailboats
  • 8.1.2. Powerboats
  • 8.1.3. Rowing Boats
  • 8.1.4. Hydroplanes
  • 8.1.5. Canoes and Kayaks
  • 8.1.6. Jet Skis and Personal Watercraft (PWC)
  • 8.1.7. Others
• 8.2. Market Analysis, Insights and Forecast - By Propulsion System
  • 8.2.1. Outboard Engine
  • 8.2.2. Sterndrives Engine
  • 8.2.3. Inboard Engine
  • 8.2.4. Propellers
  • 8.2.5. Drive Shaft
• 8.3. Market Analysis, Insights and Forecast - By Length
  • 8.3.1. 2.5m -7.5 m
  • 8.3.2. 7.6m - 12m
  • 8.3.3. 12.1m - 24m
  • 8.3.4. Above 24m
• 8.4. Market Analysis, Insights and Forecast - By Application
  • 8.4.1. Offshore Racing
  • 8.4.2. Inshore Racing
  • 8.4.3. Drag Racing
  • 8.4.4. Fleet Racing
  • 8.4.5. Marathon Racing
  • 8.4.6. Others
• 8.5. Market Analysis, Insights and Forecast - By Country
  • 8.5.1. China
    • 8.5.1.1. Market Analysis, Insights and Forecast - By Length
      • 8.5.1.1.1. 2.5m -7.5 m
      • 8.5.1.1.2. 7.6m - 12m
      • 8.5.1.1.3. 12.1m - 24m
      • 8.5.1.1.4. Above 24m
  • 8.5.2. Japan
    • 8.5.2.1. Market Analysis, Insights and Forecast - By Length
      • 8.5.2.1.1. 2.5m -7.5 m
      • 8.5.2.1.2. 7.6m - 12m
      • 8.5.2.1.3. 12.1m - 24m
      • 8.5.2.1.4. Above 24m
  • 8.5.3. South Korea
    • 8.5.3.1. Market Analysis, Insights and Forecast - By Length
      • 8.5.3.1.1. 2.5m -7.5 m
      • 8.5.3.1.2. 7.6m - 12m
      • 8.5.3.1.3. 12.1m - 24m
      • 8.5.3.1.4. Above 24m
  • 8.5.4. Southeast Asia
    • 8.5.4.1. Market Analysis, Insights and Forecast - By Length
      • 8.5.4.1.1. 2.5m -7.5 m
      • 8.5.4.1.2. 7.6m - 12m
      • 8.5.4.1.3. 12.1m - 24m
      • 8.5.4.1.4. Above 24m
  • 8.5.5. Rest of Asia Pacific
    • 8.5.5.1. Market Analysis, Insights and Forecast - By Length
      • 8.5.5.1.1. 2.5m -7.5 m
      • 8.5.5.1.2. 7.6m - 12m
      • 8.5.5.1.3. 12.1m - 24m
      • 8.5.5.1.4. Above 24m

9. Rest of World Racing Boat Market Analysis, Insights and Forecast, 2019-2032

• 9.1. Market Analysis, Insights and Forecast - By Boat Type
  • 9.1.1. Sailboats
  • 9.1.2. Powerboats
  • 9.1.3. Rowing Boats
  • 9.1.4. Hydroplanes
  • 9.1.5. Canoes and Kayaks
  • 9.1.6. Jet Skis and Personal Watercraft (PWC)
  • 9.1.7. Others
• 9.2. Market Analysis, Insights and Forecast - By Propulsion System
  • 9.2.1. Outboard Engine
  • 9.2.2. Sterndrives Engine
  • 9.2.3. Inboard Engine
  • 9.2.4. Propellers
  • 9.2.5. Drive Shaft
• 9.3. Market Analysis, Insights and Forecast - By Length
  • 9.3.1. 2.5m -7.5 m
  • 9.3.2. 7.6m - 12m
  • 9.3.3. 12.1m - 24m
  • 9.3.4. Above 24m
• 9.4. Market Analysis, Insights and Forecast - By Application
  • 9.4.1. Offshore Racing
  • 9.4.2. Inshore Racing
  • 9.4.3. Drag Racing
  • 9.4.4. Fleet Racing
  • 9.4.5. Marathon Racing
  • 9.4.6. Others
• 9.5. Market Analysis, Insights and Forecast - By Country
  • 9.5.1. Middle East & Africa
    • 9.5.1.1. Market Analysis, Insights and Forecast - By Length
      • 9.5.1.1.1. 2.5m -7.5 m
      • 9.5.1.1.2. 7.6m - 12m
      • 9.5.1.1.3. 12.1m - 24m
      • 9.5.1.1.4. Above 24m
  • 9.5.2. Latin America
    • 9.5.2.1. Market Analysis, Insights and Forecast - By Length
      • 9.5.2.1.1. 2.5m -7.5 m
      • 9.5.2.1.2. 7.6m - 12m
      • 9.5.2.1.3. 12.1m - 24m
      • 9.5.2.1.4. Above 24m

10. Competitive Analysis

• 10.1. Global Market Rank Analysis (2024)
• 10.2. Competitive Dashboard

11. Company Profiles

• 11.1. Beneteau (France)
  • 11.1.1. Overview
  • 11.1.2. Products & services
  • 11.1.3. SWOT Analysis
  • 11.1.4. Recent Developments
  • 11.1.5. Strategies
  • 11.1.6. Financials (Based on Availability)
• 11.2. BAYLINER (U.S.)
  • 11.2.1. Overview
  • 11.2.2. Products & services
  • 11.2.3. SWOT Analysis
  • 11.2.4. Recent Developments
  • 11.2.5. Strategies
  • 11.2.6. Financials (Based on Availability)
• 11.3. Outerlimits Offshore Powerboats (U.K.)
  • 11.3.1. Overview
  • 11.3.2. Products & services
  • 11.3.3. SWOT Analysis
  • 11.3.4. Recent Developments
  • 11.3.5. Strategies
  • 11.3.6. Financials (Based on Availability)
• 11.4. Fountain Powerboat Industries, Inc. (U.S.)
  • 11.4.1. Overview
  • 11.4.2. Products & services
  • 11.4.3. SWOT Analysis
  • 11.4.4. Recent Developments
  • 11.4.5. Strategies
  • 11.4.6. Financials (Based on Availability)
• 11.5. Donzi Marine (U.S.)
  • 11.5.1. Overview
  • 11.5.2. Products & services
  • 11.5.3. SWOT Analysis
  • 11.5.4. Recent Developments
  • 11.5.5. Strategies
  • 11.5.6. Financials (Based on Availability)
• 11.6. MTI - Marine Technology Inc. (U.S.)
  • 11.6.1. Overview
  • 11.6.2. Products & services
  • 11.6.3. SWOT Analysis
  • 11.6.4. Recent Developments
  • 11.6.5. Strategies
  • 11.6.6. Financials (Based on Availability)
• 11.7. Formula Boats (U.S.)
  • 11.7.1. Overview
  • 11.7.2. Products & services
  • 11.7.3. SWOT Analysis
  • 11.7.4. Recent Developments
  • 11.7.5. Strategies
  • 11.7.6. Financials (Based on Availability)
• 11.8. Asia Boats (UAE)
  • 11.8.1. Overview
  • 11.8.2. Products & services
  • 11.8.3. SWOT Analysis
  • 11.8.4. Recent Developments
  • 11.8.5. Strategies
  • 11.8.6. Financials (Based on Availability)
• 11.9. Blue Wing Honda Marine (New Zealand)
  • 11.9.1. Overview
  • 11.9.2. Products & services
  • 11.9.3. SWOT Analysis
  • 11.9.4. Recent Developments
  • 11.9.5. Strategies
  • 11.9.6. Financials (Based on Availability)
• 11.10. OceansLab SAS (France)
  • 11.10.1. Overview
  • 11.10.2. Products & services
  • 11.10.3. SWOT Analysis
  • 11.10.4. Recent Developments
  • 11.10.5. Strategies
  • 11.10.6. Financials (Based on Availability)