Asia Pacific Electric Boat Market Size & Outlook, 2025-2030

The electric boat market in Asia Pacific is expected to reach a projected revenue of US$ 2,038.5 million by 2030. A compound annual growth rate of 15.2% is expected of Asia Pacific electric boat market from 2025 to 2030.
Revenue, 2024 (US$M)
$897.0
Forecast, 2030 (US$M)
$2,038.5
CAGR, 2025 - 2030
15.2%
Report Coverage
Asia Pacific

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Asia Pacific electric boat market, 2018-2030 (US$M)

Asia Pacific electric boat market, 2018-2030 (US$M)

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Asia Pacific electric boat market highlights

  • The Asia Pacific electric boat market generated a revenue of USD 897.0 million in 2024.
  • The market is expected to grow at a CAGR of 15.2% from 2025 to 2030.
  • In terms of segment, leisure boats was the largest revenue generating boat type in 2024.
  • Leisure Boats is the most lucrative boat type segment registering the fastest growth during the forecast period.


Asia Pacific data book summary

Market revenue in 2024USD 897.0 million
Market revenue in 2030USD 2,038.5 million
Growth rate15.2% (CAGR from 2025 to 2030)
Largest segmentLeisure boats
Fastest growing segmentLeisure Boats
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLeisure Boats


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 13.2% of the global electric boat market in 2024.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 2,038.5 million by 2030.

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Electric Boat Market Companies

Name Profile # Employees HQ Website
Pure Watercraft View profile 51-100 Seattle, Washington, United States, North America http://www.purewatercraft.com
Frauscher Sensor Technology View profile 501-1000 Sankt Marienkirchen, Oberosterreich, Austria, Europe http://www.frauscher.com/
Electracraft View profile 11-50 Westlake Village, California, United States, North America http://www.electracraft.com
SV Business Group View profile 11-50 Vancouver, British Columbia, Canada, North America https://www.svbg.ca
RAND Boats View profile 11-50 Copenhagen, Hovedstaden, Denmark, Europe https://randboats.com/
Duffy Electric Boats View profile 11-50 Adelanto, California, United States, North America http://www.duffyboats.com
Vision Marine Technologies View profile 11-50 Boisbriand, Quebec, Canada, North America https://visionmarinetechnologies.com/
Volvo Penta View profile 1001-5000 Gothenburg, Vastra Gotaland, Sweden, Europe http://www.volvopenta.com
X Shore View profile 51-100 Stockholm, Stockholms Lan, Sweden, Europe https://www.xshore.com
Yamaha Motor Co Ltd View profile 65477 2500, Shingai, Iwata, Shizuoka, Japan, 438-8501 http://www.yamaha-motor.co.jp

Asia Pacific electric boat market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electric boat market will help companies and investors design strategic landscapes.


Leisure boats was the largest segment with a revenue share of 112.16% in 2024. Horizon Databook has segmented the Asia Pacific electric boat market based on leisure boats covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Asia Pacific electric boat market databook

  • Our clientele includes a mix of electric boat market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific electric boat market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific electric boat market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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