Excursion Boats Market
The market for Excursion Boats was estimated at $7.1 billion in 2024; it is anticipated to increase to $12.0 billion by 2030, with projections indicating growth to around $18.6 billion by 2035.
Report Summary
Market Data
Methodology
Table of Contents
Global Excursion Boats Market Outlook
Revenue, 2024
$7.1B
Forecast, 2034
$17.1B
CAGR, 2025 - 2034
9.1%
The Excursion Boats industry revenue is expected to be around $7.8 billion in 2025 and expected to showcase growth with 9.1% CAGR between 2025 and 2034. The increasing interest in recreational activities plays a vital role in driving the significant growth of this market sector. Additionally the rise in consumer income and the growing focus on experiential travel enhance the popularity of pleasure boats. The increased desire for tourism adventures and the preference for private charters continue to support the relevance of these watercraft, in today's market.
Boats for excursions are known for their reliability and comfort. Are a popular option for adventure seekers looking to explore the sea life up close. These boats usually come with facilities to provide a top notch experience for passengers which makes them appealing for group trips and sightseeing adventures. Additionally the flexibility of these boats in settings such as exploring oceans or cruising along rivers adds to their appeal. The latest trends show a growing interest in eco options, within the maritime sector.
Market Key Insights
- The Excursion Boats market is projected to grow from $7.1 billion in 2024 to $17.1 billion in 2034. This represents a CAGR of 9.1%, reflecting rising demand across Recreational Excursions, Water Sports and Eco-tourism Safaris.
- Brunswick Corporation, Beneteau Group, Groupe Beneteau are among the leading players in this market, shaping its competitive landscape.
- U.S. and France are the top markets within the Excursion Boats market and are expected to observe the growth CAGR of 6.6% to 9.6% between 2024 and 2030.
- Emerging markets including Vietnam, Indonesia and Colombia are expected to observe highest growth with CAGR ranging between 8.7% to 11.4%.
- Transition like Technological Evolution is expected to add $457 million to the Excursion Boats market growth by 2030.
- The Excursion Boats market is set to add $9.9 billion between 2024 and 2034, with manufacturer targeting Fishing & Public Services End-Users projected to gain a larger market share.
- With
expanding tourism industry, and
technological advancements in boat manufacturing, Excursion Boats market to expand 139% between 2024 and 2034.
Opportunities in the Excursion Boats
In our shift towards the era progresses more deeply incorporating cutting edge technologies like virtual reality AI and IoT has the potential to significantly improve customer interactions onboard. Enabling tours of sightseeing boats deploying AI for customized services and utilizing IoT for efficient operations are also unexplored areas, in the industry that present significant growth opportunities.
Growth Opportunities in North America and Asia-Pacific
North America plays a role in the Excursion Boats sector with a strong presence due to its thriving tourism industry and extensive coastlines fuel demand for Excursion Boats in this region on the rise consistently as well as the number of boat builders and the growing interest in recreational pursuits contributing to theindustry'simportance in this region should be highlighted too competition is fierce among service providers prompting advancements, in boat designs and technologies aimed at boosting fuel efficiency and sustainabilityIn this region's influencers include the increasing personal earnings and the thriving marine tourism sector which have sparked interest, in high end and versatile recreational vessels.
The Excursion Boats market in the Asia Pacific region is thriving due to factors like the growing class and rising disposable incomes along with a vibrant tourism industry that promotes boating excursions as popular leisure activities and must do experiences on its scenic coastal destinations. The regions favorable government policies supporting tourism create profitable opportunities for businesses, in the market sector. In this region of competition companies are focusing on offering advanced, comfortable and safety oriented cruise boats. The demand here is largely influenced by growing interest, in tourism and a greater willingness to invest in water based leisure activities.
Market Dynamics and Supply Chain
01
Driver: Expanding Tourism Industry, and Increased Environmental Awareness
The rapid growth of tourism has also greatly boosted the need for excursion boats to cater to travelers desire, for adventures and exploration of coastal areas and marine life in a unique and exciting manner. The increasing focus on issues has also sparked innovation in the boating industry for tours and excursions. The introduction of eco boats that run on sustainable fuels is also predicted to significantly boost the industry's progress. These conscious boats not only align with sustainability objectives but also enhance operational effectiveness making them the favored option, for both eco minded consumers and businesses.
The use of cutting edge technology in building boats has also transformed the excursion boat sector significantly. This next level of high performance excursion vessels with top notch navigation systems, safety upgrades and eco friendly engines has also sparked a rise in demand. These advancements lead to maneuverability, easy upkeep and excellent functionality promptly increasing their popularity, for diverse uses like sightseeing, fishing and recreational pursuits.
02
Restraint: Market Volatility
The Excursion Boats business encounters hurdles due to the unpredictable nature of the market dynamics it operates in and the seasonal patterns that influence demand within the holiday and tourism industry where these boats are heavily utilized. This fluctuating demand exerts an influence on the operational consistency of Excursion Boat companies by creating uncertainties in forecasting growth and investment returns. Moreover unfavorable weather conditions during peak tourist seasons can lead to a decline, in bookings. Subsequently impact revenue streams significantly. The unpredictable income streams and uncertain nature create a market, for potential growth opportunities.
03
Opportunity: Tapping into Eco-friendly Excursion Boats and Strategic Collaborations with Travel & Tourism Industry
In today's world where consumersre more mindful of protecting the environment than ever before there lies a great opportunity to incorporate eco friendly technologies into excursion boats. Inspired by the push for sustainability businesses have the chance to delve into solar powered boats that offer an smooth ride with minimal impact, on the environment. This move not only meets the increasing green expectations of customers but also introduces a fresh wave of innovation in the realm of recreational boating.
In the field of travel and tourism industry presents opportunities for forming partnerships strategically. Working with hotels, airlines and travel agencies to provide bundled offerings that involve boat tour services is a practical tactic. This method has the potential to boost exposure expand market presence and draw in a clientele for businesses, within the boat excursion sector.
04
Challenge: Regulatory Compliance
Navigating through the landscape poses a major challenge, for the Excursion Boats industry's expansion as companies encounter a web of complex compliance requirements to adhere to various safety standards and environmental preservation measures set by different jurisdictions.
Supply Chain Landscape
1
Raw Material Procurement
Alcoa CorporationPOSCO Ltd
2
Boat Components Manufacturing
Yamaha MarineBrunswick Corporation
3
Assembly & Integration
BaylinerBoston Whaler
4
Distribution & Retailing
Bass Pro ShopsWest Marine
1
Raw Material Procurement
Alcoa CorporationPOSCO Ltd
2
Boat Components Manufacturing
Yamaha MarineBrunswick Corporation
3
Assembly & Integration
BaylinerBoston Whaler
4
Distribution & Retailing
Bass Pro ShopsWest Marine
Use Cases of Excursion Boats in Recreational Excursions & Water Sports
Recreational Excursions : Excursion boats are mainly utilized for pursuits such as sightseeing and fishing outings in regions abundant with marine life like coastal region's and reefs. Guaranteed models like passenger and pontoon boats are exceptionally efficient for theses of activities. They provide a combination of comfort and functionality. Global leaders in boat production such, as Brunswick Corporation and Yamaha Marine Group are well known for their top notch excursion boats that hold a portion of the recreational excursions sector.
Eco-tourism Safaris : The growing awareness of environmental issues has fueled a rise in eco-friendly tourism, where small boats play a vital role in providing sustainable travel experiences. Electric small boats, in particular, are becoming increasingly popular for eco-tours due to their low emissions, easy maneuverability, and minimal noise levels. These features make them perfect for nature-focused excursions that allow close wildlife observation without disturbing the ecosystem. TORQEED and Duffy Electric Boat Company lead this movement with innovative designs and a strong commitment to environmentally responsible solutions.
Water Sports : Excursion boats play a role in various water activities like water skiing and wakeboarding while also enabling parasailing adventures with their high speed motor engines that offer both power and flexibility in operations to ensure safety, for passengers enjoying these thrilling sports experiences preferred by water sports enthusiasts alike.
Recent Developments
The market for excursion boats has seen an increase thanks to various influencing factors at play. A key trend driving this growth is the growing fascination with tourism around the globe. As people from parts of the world look for new and distinctive experiences the popularity of recreational boating has soared. This uptick in interest for outings is creating a positive trend, in the market for these specialized watercrafts.
December 2024 : Excursion Boats International has just introduced its eco friendly solar powered boat model as a big move, towards cutting down on theindustry'scarbon footprint.
October 2024 : Global Marine Innovations revealed a collaboration with Oceanic Adventures. This partnership highlights a trend in the industry towards promoting efforts and teamwork, within the ocean based excursion sector.
July 2024 : North Sea Tours is among the leading producers of Excursion Boats. has incorporated cutting edge Virtual Reality technology into its boat designs. This innovative move marks a step towards digital transformation in the market, for excursion boats.
Impact of Industry Transitions on the Excursion Boats Market
As a core segment of the Ship Building & MRO industry,
the Excursion Boats market develops in line with broader industry shifts.
Over recent years, transitions such as Technological Evolution and Sustainable Practices have redefined priorities
across the Ship Building & MRO sector,
influencing how the Excursion Boats market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Technological Evolution
The Excursion Boats sector is experiencing advantages due to technological advancements taking place within the industry sector. Incorporation of methods such as GPS tracking and sophisticated navigation systems into boats aims to enhance safety and efficiency during voyages. These technological innovations bring about advantages like fuel utilization and improved navigation capabilities in challenging weather scenarios along with bolstered safety measures for passengers. Recent developments such, as ticket systems have simplified the reservation procedure by providing a more customer centric approach and diminishing potential human errors. Onboard features like Wi Fi and entertainment are changing what consumers want in boats to more high tech options—thats thanks, to technology making waves in the industry and boosting both marine and IT sectors for overall growth.
02
Sustainable Practices
The Excursion Boats sector has made a significant shift toward embracing eco-friendly practices, focusing on lowering carbon emissions through the use of sustainable boat designs powered by solar and wind energy technologies. These innovations not only reduce harmful emissions but also improve overall fuel efficiency and operational cost-effectiveness. Additionally, manufacturers are incorporating lightweight materials, hybrid propulsion systems, and advanced battery technologies to further enhance performance. This transformation reflects the industry’s growing commitment to environmental stewardship and sustainable tourism, catering to eco-conscious travelers worldwide.