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Catamarans are boats that were primarily used as a means of transport in the days before motor vessels. Catamarans, which were also called sailing catamarans, were first used by the Dutch in the seventeenth century as a means of traveling from island to island in a circular manner. In recent years, catamarans have gained increased popularity as a choice boat type. These days, people commonly choose catamarans for use as sailing boats or as water taxis - they are great for day cruises and provide comfort, luxury, and reliability.
The standard design of a catamaran is a triangular sail with one
long side behind the other three. The Catamarans
main function is as a means of transportation however, it does have some
advantages that make it very popular among sailors. The most prominent
advantage of using a catamaran passenger ferry is the fact that it is a lot
lighter and more maneuverable than most other boats
Increasing disposable income coupled with the rapid growth in
travel & tourism is projected to drive the market growth of Catamarans.
According to the World Travel and Tourism Council (WTTC), in 2018, travel and
tourism increased its share of leisure spending to 78.5 percent, up from 77.5
percent in 2017. Spending from international tourists also increased to 28.8
percent in 2018, up from 27.3 percent in 2017. Increasing focus on improving
the boating structure coupled with the growing interest of people toward
sailing, cruising, water sports, and campaigning is further anticipated to
augment the market growth of the Catamarans.
North America is expected to gain significant growth over the
forecast period and this is attributed to high leisure spending on boating
activities. According to the U.S. Travel Association., direct spending on
leisure travel by domestic and international travelers totaled $792.4 billion
in 2019. International arrivals to the U.S. totaled approximately 79 million in
2019, about half of whom came from overseas.
Key Developments:
1. In February
2020, Aquila a provider of power catamarans has announced a significant factory
expansion and plans to debut new models in 2020.
2. In September
2019, Volvo Penta's has launched a new electric Saildrive prototype at Cannes
Yachting Festival. The electric prototype is based on Fountaine-Pajot's
extensive customer usage database, which accurately defines drive cycles.
3. In October
2020, Maid of the Mist Corp. has launched new-generation Maid of the Mist
vessels welded aluminum catamarans equipped with batteries that can produce
400-kilowatts. They power two 563-hp electric motors.
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