CATAMARAN MARKET

KEY FINDINGS

1. Catamarans comprise ~20-25% of total  annual sailboat production in the US.

2. More than 10 boat companies have launched alternative energy powered catamarans in past 2 years Use of recyclable materials including recycled aluminium, cork ,carbon fibre and plant-based alternatives is on the rise

3. Greater displacements, higher speeds, and a bigger sitting area are among the most sought after features in the rapidly evolving power catamaran market

4. There has been a growing interest in solar/battery powered catamaran which can achieve 6-7 knots per hour and about 100 nautical miles per day.

INTRODUCTION

Catamarans are wide and tall, thus more spacious than a mono-hull of comparable size. Due to higher stability at the outset, catamarans can have bigger superstructures even at smaller lengths. Modern catamarans are well engineered  for long ocean passages.

Catamarans have now evolved as a great pleasure boat. They are now made by famous international yacht builders, globally which includes high quality engineering and a top level of fit and finish.Large multi-hulls generally need at least 15 knots to get going, but catamarans can sail at even 5-7  knots even at a 40-50 degree apparent wind angle,Today, catamarans occupy a strong niche in the overall market.

CATAMARAN MARKETMARKET SEGMENTATION

CATAMARAN MARKETMARKET DYNAMICS

The data from recent boat shows tell us that there has been an unprecedented demand for Catamarans, driven by a generation of baby-boomers and younger adventurers wanting to quit routine jobs and go cruising across the globe.Catamarans with 40-60ft size range where cruisers can best utilise hull accommodation, plus provide a big living area/saloon over the central bridge-deck are in high demand.

The new age Catamarans and trimarans now feature carbon fiber in their layout, along with E-glass Corecell foam core etc. The hulls are now narrower  below the waterline with very sharp bows, which helps them run over the waves and glide through with impressive ease.Finishes are  getting lighter and brighter. The sleeping cabin areas within the hulls now have bigger windows and even bigger en-suite bathrooms.

From construction perspective, the length of catamarans have been increasing, new 50-foot catamarans which could  meet the demand for premium living within a size still manageable by a non-professional crew are in high demand. There is also a growing trend to push helm stations to a higher level to resemble a fly-bridge. This makes the cockpit space bigger and provides the captain and guests a commanding view.Among the major drawbacks of catamarans is higher berthing fees at a marina, but they are somewhat compensated by the twin hulls which stay steady at anchor.

CATAMARAN MARKETMARKETNEWALTERNATIVEENERGY POWERED CATAMARAN  DEVELOPMENT

April 2021: Fountaine Pajot will be the first shipyard to integrate hydrogen as an alternative energy solution on its catamarans. As part of Odyssea 2024 plan, they will integrate EODev’s hydrogen generator REXH2, to power  Samana 59 sailing multihulls. The REXH2 will be capable of supplying up to 70kW and charging a 44kWh LiFePO battery designed for maritime use.

April 2021: Alexandre Thiriat designed, Dubbed Corellian 110 with the cat sports a sleek hull crafted from 100 percent recycled aluminum. It’s also equipped with solar panels that power the vessel’s onboard amenities for true off-grid cruising with hydrogen propulsion technology, which is becoming more concrete thanks to advances in research and engineering.

March 2021: The Sunreef 80 Eco will run on its two, energy-efficient 180kW electric engines or the wind. While under sail, the vessel employs an advanced hydro generation system to actually recover energy from the propeller rotation. The most innovative feature is the vessel’s solar skin. This photovoltaic system will see the world’s lightest solar cells integrated into the hull sides, superstructure, bimini and carbon mast. Covering a total surface of approximately 1,600 square feet, the skin will generate up to 34 kWp of clean energy that will be stored in custom-engineered lithium batteries.

Jan 2021: Volkswagen has partnered with Austrian builder Silent Yachts for the new endeavor that will eventually see the same electric powertrains currently used in VW’s ID.3 and ID.4 installed in an array of ocean-going multihulls. The jointly declared goal of the three companies is to put the first solar-electric catamaran with modular e-drive system (MEB) propulsion on the water in 2022.

There is growing demand for catamarans which offer the conveniences of a large yacht like topside summer kitchen , cockpit seating for over 15+ adults, and two comfortable cabins for overnight stay.

CATAMARAN MARKETMARKETMARKET SIZE AND FORECAST

Performance cruising(boats with more powerful sail-to-length/weight ratio and various weight-saving techniques) with economical fuel consumption is a growing segment in the global catamaran market. Power catamaran(with light-weight hulls that require low engine power) is a growing segment of the catamaran market which has started getting popular with people who no longer have the time, or budget to get a crew to sail.

The global catamaran market is estimated at XX thousand units worth ~$XX B revenue per annum.

CATAMARAN MARKETMARKETCOMPETITIVE LANDSCAPE

Manta, a giant catamaran which collects 3 Tons of ocean garbage per hour and  powered by renewable energy. The 185-foot hybrid sailboat will be the world’s first sea-cleaning vessel capable of collecting plastic waste on an industrial scale. Operating autonomously 75 percent of the time, it’s also a state-of-the-art scientific laboratory.Built from low-carbon steel,  It features a custom electric hybrid propulsion system enabling it to travel at controlled speeds of between two and three knots, the optimum speed for waste collection.

Around 500kW of onboard renewable energy is generated via two wind turbines located at the stern, 500 square meters of photovoltaic solar panels at the bow, two hydro-generators under the boat and a Waste-to-Electricity Conversion Unit (WECU) used to power the hotel load, or what the captain and crew consume.

Denmark’s X-Yachts unveiled X56, the latest “X” performance-cruising line. Featuring a slippery hull infused in epoxy and then autoclave cured to ensure the lightest and strongest hull possible. Also like the rest of the X-Yachts line, the boat includes a rock solid galvanized-steel interior framework to accommodate rig and keel loads and blunt ends to maximize sailing.

Hudson Yacht Group line, The HH50 equipped with excellent cruising technology aimed at sailors. It is a strong, fast, carefully engineered boat that can be managed by a reasonably fit couple, along with its extensive mechanization and the computerization of its complex systems.

Metal Shark recently launched Magnet, an aluminum and tri-deck catamaran that is the first of Metal Shark Yachts’ 48-meter series.The twin 148-footer, with twin 2,600 hp MTU diesel engines, can reach a top speed of 31 mph. At its most efficient cruise speed of 11.5 mph, the yacht has a range of 12,600 miles.

The Ocean Eco 60 and Ocean Eco 90 features a coachroof which extends down to the raised bow to maximize the space available for solar panels. These solar panels, which are fully integrated into the structure of the coachroof, can generate 20kW or 40 kW depending on the cat and complement a 300kWh lithium battery.

This setup gives the ability to silently sail 110 nautical miles at 7 knots or a potentially unlimited range at 4 to 5 knots. Alternatively, the vessels can also accommodate a hybrid system with a zero-carbon hydrogen fuel cell as a range-extender, or even a kite to harness the power of the wind.

The Energy Observer, a converted ocean-racing catamaran powered by hydrogen fuel cell and solar power, recently completed its first 5,000-nautical mile transatlantic voyage.It’s a high-tech yacht with a central energy management system that coordinates energy production and transmission from its solar panels, wind turbines and hydrogen fuel cell. The goal is to be able to run these systems at different times, so the boat performs at top efficiency.

CATAMARAN MARKETMARKETPRODUCT DEVELOPMENT AND INNOVATION

Lagoon Catamarans produces the highly renowned and well-liked Lagoon 40 catamaran model. The Lagoon 40 has developed a sizable following among sailing enthusiasts and charter organizations all over the world thanks to its cutting-edge design, roomy accommodations, and exceptional performance.

The Lagoon 40 balances size and maneuverability perfectly at 11.74 meters (38.42 feet) in length and 6.76 meters (22.18 feet) in width. Even in difficult sea conditions, its streamlined profile and svelte hulls provide great stability and comfortable sailing. The catamaran's design makes use of the most recent developments in naval architecture and engineering, producing a vessel that is not only attractive but also useful and dependable.

The Lagoon 40's large and pleasant living spaces are one of its main features. The catamaran has a well-thought-out cockpit area that flows into the saloon to create a comfortable indoor-outdoor living environment.The cockpit is the ideal location for outdoor meals and gathering because it has a large dining table and cozy chairs. Wide transom platforms make it simple to enter the water for activities like swimming, diving, and water sports.

When enter the Lagoon 40, are welcomed by a spacious, light-filled saloon with sweeping views of the surroundings. Large windows in the saloon let in plenty of natural light, resulting in a warm and pleasant ambiance. Even while at sea, it is simple to prepare meals thanks to the well-equipped galley's modern appliances and adequate storage.The Lagoon 40 is offered in a variety of layouts to accommodate various preferences and needs. Up to eight passengers can be comfortably accommodated in the catamaran's three to four staterooms.

The cleverly constructed cabins provide lots of storage space and guarantee a relaxing and well-organized stay on board. Well-designed ensuite bathrooms with separate shower stalls provide privacy and convenience.The Lagoon 40 offers a remarkable sailing experience in terms of performance. Even with a small crew, the catamaran's rigging and sail plan are designed for simple handling and effective sailing.

The helm station is strategically placed to offer great control and visibility. The Lagoon 40's dependable and fuel-efficient engines compliment its performance while sailing and provide smooth motoring when required.The Lagoon 40's design placed a high priority on safety. Wide and safe side decks on the catamaran make moving around the boat simple. Excellent visibility is provided by the higher helm station, increasing safety when navigating and performing maneuvers. In order to offer a safe and comfortable sailing experience, the Lagoon 40 is additionally outfitted with contemporary navigation and safety systems.

Overall, the Lagoon 40 is a wonderful catamaran that epitomizes relaxed and opulent cruising. Families, couples, and charter organizations searching for a flexible and dependable vessel will find it to be the perfect option because to its exquisite design, roomy accommodations, and exceptional performance.The Lagoon 40 offers the ideal fusion of style, comfort, and performance, enabling to explore the seas with confidence and style, whether intend to set out on long-distance journeys or simply enjoy local cruising.

CATAMARAN MARKETMARKETREPORT WILL ANSWER THE FOLLOWING QUESTIONS  

1.  How many catamaran are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global catamaran and key vendor selection criteria
3. Where is the catamaran manufactured? What is the average margin per unit?
4. Market share of Global catamaran market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global catamaran in-house
6. key predictions for next 5 years in Global catamaran market
7. Average B-2-B catamaran market price in all segments
8. Latest trends in catamaran market, by every market segment
9. The market size (both volume and value) of the catamaran market in 2024-2030 and every year in between?
10. Production breakup of catamaran market, by suppliers and their OEM relationship