Statistical Surveys Inc
Everything Is Not as It Appears
New-boat registrations are still dropping even though the demand is strong—the problem is lack of inventory.
‘The Season is Ending on a High Note’
With the main powerboat segments up almost 12 percent year to date, the industry is poised to exceed 300,000 units for the first time since before the Great Recession.
Q3 Registrations Spiked 32% in Main Powerboat Categories, 13% Overall
Almost every measure saw double digit growth.
New Boat Registrations Up 5.8% Year to Date
Main powerboat categories were up more than 34% year over year.
Boat Registrations Jump 44.3 Percent Year-Over-Year
Registrations were up 3 percent year-to-date in the main categories.
May Boat Registrations Drop 9.2% in Main Powerboat Categories
However, preliminary data shows significant bright spots among the declines.
New boat registrations down
April new boat registrations drop 37.8 percent year-over-year in main powerboat categories.
Registration Reaction
New powerboat registrations declined nearly 18 percent in March as the crisis took hold.
Strong fourth quarter gives 2019 boat registrations a boost
Main powerboat segments were up 3.8% for the quarter
2019 poised to be down 3.5 percent in main categories, 2.5 percent overall
The nearly complete registration data shows the sterndrive category’s continuing decline.
Q3 registrations up 1.4 percent in main powerboat categories
Overall, the industry was up 1.8 percent.
New survey asks dealers for insight on November market conditions
Dealers: Will customers favor larger boats with more amenities in 2020, or will the trend shift toward value/ entry-level products?
Industry sees 4.4 percent growth in 2018
Tow boats and PWCs led growth last year.