A dinghy is a type of small boat. It is often carried with large ships as a lifeboat. Various types of dinghies of different sizes are available in market. They are used in large ships as lifeboats apart from their basic purpose of sailing and rowing. Sail dinghies are the fastest and one of the most difficult types of dinghies to sail. A rowing dinghy involves propelling a boat on water using oars. A dinghy has a strong ring on the bow, which helps in anchoring and towing it. Also, it has two more rings at the stern, which are used in lifting and securing the dinghy for stowage. It also has oarlocks on both sides to keep oars. A dinghy has multiple options for propulsion on water such as oars, motors, and sails with gunter and solar system. The choice of investing in a dinghy depends on the need and budget of the consumer and the type, size, shape, model, performance, and potential of the dinghy.
The sail and rowing dinghies market is primarily driven by the presence of large international suppliers and small suppliers. The market is also influenced by factors such as product performance and capability, engine power, safety, and raw materials used to build the dinghy. Key drivers that have boosted the popularity of sail and rowing dinghies include increased demand for adventure and entertainment, good quality raw materials and safety of the product, better engines, influence of Olympic games, and rise in the spending power of the population. However, lack of awareness and knowledge about running a dinghy is expected to be a major factor restraining the growth of the sail and rowing dinghies market. Nevertheless, spread of knowledge about the use of dinghies through training programs, events, and camps is expected to create significant opportunities for the global sail and rowing dinghies market.
The global sail and rowing dinghies market can be segmented based on product, size, engine, raw material, end-user, and region. In terms of product, the market can be categorized into asymmetric spinnaker, catboat, whaleboats, whitehall rowboats, dories, prams and inflatable boats. Based on size, the sail and rowing dinghies market can be classified into less than 6m, in the range of 6m to 10.5m, and in between 10.5m to 18m. In terms of engine, the sail and rowing dinghies market can be divided into inboard and outboard engine. Based on raw material, the global sail and rowing dinghies market can be classified into steel, PVC, hypalon, fiberglass, and aluminum. In terms of end-user, the market can be divided into personal, commercial, and Olympic games. Based on region, the global sail and rowing dinghies market can be segmented into North America (U.S., Canada, and Mexico), Europe (Germany, France, U.K., Italy, Spain, and Russia), Asia Pacific (China, India, Japan, South Korea, Australia, Indonesia, Singapore, Malaysia, Philippines, Thailand, and Vietnam), Middle East & Africa (GCC countries, Turkey, Egypt, and South Africa) and South America (Rest of Central & South America and Brazil).
Leading manufacturers operating in the sail and rowing dinghies market are Laser Performance, Ovington, Erplast, CNA Cantiere Nautico, Hartley Boats, Sail Extreme, Nautivela, Devoti Sailing, G. H. Boat Works, Discover Boating, Nautic Expo, R.S. Sailing, W EIHAI NOAHYACHT COMPANY LIMITED, Qingdao Lian Ya Boat Co., Ltd., Rigid Boats, Bic Boats, Topper Sail Boats, Puffin Boat, CompanyK1 Marine Trimming, Aquarius Sport, Avon Marine, Whitecap Composites, Otter Boats, and Byte CII. Manufacturers are focusing on acquisitions. Also, they are increasing their R&D capabilities to diversify their product range and are also making efforts to enhance their product quality with the introduction of new designs. Players in the sail and rowing dinghies market are anticipated to face competition due to the presence of a large number of local vendors. This is likely to lead to the introduction of many advanced products in the market during the forecast period.
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