Info-link: U.S. Powerboat Market Snapshot

US_Powerboat_PWC_Market_Snapshot

US Powerboat Market includes all recreational powerboats (including PWCs) registered in the US as of year-end 2019. Not included are sailboats and self-propelled craft such as canoes and kayaks.

  • There are currently about 10.5 million powerboats registered in the U.S., almost half of which (45%) were purchased new or pre-owned during the past 5 years.
  • The average powerboat is 22 years old and roughly 320,000 of them are being retired from the fleet each year.
  • Last year, 76% of all powerboats were purchased pre-owned (24% New).
  • 31% of the people that purchased a powerboat in 2019 were first-time-boat buyers and 37% of them own another boat (including PWC).
  • Powerboat buyers tend to be well established. 74% of them are over 40 years-old; almost all own their home; and they have usually lived there for a while.

Additional reports for several key sub-segments of the US Powerboat Market are available. Send an e-mail to info@info-link.com or call (305)661-3030.

Boating Industry Insider Podcast Talks About National Safe Boating Week with Jim Emmons

Joining Boating Industry content director David Gee in this episode is Jim Emmons to discuss the latest boating safety statistics, the impact on boating safety with a rise in the number of first-time boaters, and the part the entire boating industry can play when it comes to boating safety education.

Read More

12 Top Boating Safety Tips for the Busy Summer Boating Season

With new and used boat sales soaring to record highs in 2020 to first-time boat buyers, boating safety stakeholders are taking extra measures to communicate and promote safe boating practices in advance of the busy summer boating season.

Read More

All About Engine Cut-Off Switches: The $20 Device that Saves Boater’s Lives Is Now Required By Federal Law

An engine cut-off switch is one of the most essential boating safety devices. Also called a “safety lanyard” or “engine kill switch,” it’s designed to shut off a boat’s engine if the operator is thrown from the helm.

Read More