Increased Adoption of Catamarans for Various Applications to Augment the Powered Catamaran Market Growth


A catamaran is a multi-hulled watercraft featuring two parallel hulls of equal size. Powered catamarans have been growing leaps and bounds in popularity, and, in lengths and widths. Powered catamarans are fuel-efficient and offer homelike livability for avid travelers. Moreover, there are myriad power options such as hybrid, diesel inboards, outboards, or even all-solar power. Recent developments in the design such as configuration fill in niche-powered vessels have led to the introduction of a power catamaran. Powered catamarans are designed with significantly better speed and range and with low clearance than conventional catamarans.

The major factors driving the powered catamaran market growth are the benefits offered by these catamarans over a conventional catamaran. Initially, powered catamarans were used for sporting or racing purposes, however, in the past few years, they have been designed for hovering applications due to technological advances, such as increased speed and increased safety features, leading to the increased adoption of catamarans for various applications. Apart from this, powered catamarans are also used for other applications such as military and passenger transport.

Moreover, power catamarans are lightweight and offer efficient performance. Technological advancements such as durable body and powerful engines have aided powered catamarans to travel a large distance in a shorter time and offer enhanced comfort and safety. These are the factors fueling the growth of the market. Strict government regulation about oil and fuel discharge and other harmful toxins and chemicals are restraining the growth of the powered catamarans market. The discharge of oily wastes, oil, fuel, and harmful substances is prohibited into the waters of the contiguous zone or the waters of the United States, according to Federal Refuse Act. Moreover, state law prohibits discharges of petroleum and other substances that are harmful to birds, mammals, plants, and fish.

Furthermore, the increase in disposable income has increased traveling and tourism activities, increasing the adoption of campaigning, water sports, cruising, and sailing. In combination with these growing recreational activities, spending quality time with friends or family, and exploring new destinations is also leading toward high adoption, driving the market growth. In terms of geography, the powered catamaran market is divided into six regions, such as North America, Europe, Asia Pacific, South America, the Middle East, and Africa. North America is expected to witness robust growth in the market due to the increasing demand for powered catamaran and the presence of established manufacturers in the region. Moreover, various international shows are held in this region could aid in market growth. For instance, in February 2018, Seawind Catamarans launched Seawind 1260 catamaran at the Miami International Boat Show.

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