	Standard Report	Premium Report
Current State of the Industry
Market Size (industry trends)
Market Forecast (5-year projection)
Products/Services Breakdown
Revenue per State
Financial Metrics
Salary & Compensation Statistics
Public Company Information
Key Private Companies
Government Vendors
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2024 U.S. Industry Statistics & Market Forecast - Boat Dealers

Published: April 2024

Market Size & Industry Statistics

The total U.S. industry market size for Boat Dealers: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics	2019 2020 2021 2022 2023
Market Size (Total Sales/Revenue)		Order at top of page
Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee

Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data

Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.

Forecast / Industry Outlook	2024	2025	2026	2027	2028
Market Forecast ($ millions)
Projected Industry Growth Rate (%)

Source: AnythingResearch Economic Analysis

Industry Insights

The Boat Dealers industry is subject to various trends that are having a significant impact on businesses, consumers, and the industry overall. The following are the key trends affecting the Boat Dealers industry:

1. Increasing Popularity of Boating - The industry is experiencing an upward trend in popularity, with more people participating in boating activities. As a result, boat sales are increasing.

2. Consumer Preferences - The boat dealers must meet the increasing demands of consumers who are seeking unique experiences, such as luxury boats, eco-friendly boats and electric boats.

3. Technological Advancements - Boat dealers are integrating sophisticated technology into their products to enhance the safety, comfort, and convenience of boating. These advancements include touch screen displays, wireless communication systems, and GPS navigation.

4. Environmentally friendly boats - As consumers become more environmentally conscious, boat dealers need to focus on selling boats powered by clean energy sources, with greener manufacturing practices and technologies that reduce carbon emission.

5. Used Boats - There is an increasing demand for used boats as consumers� shift from buying new boats to purchasing pre-owned ones.

6. Online Sales - Boat dealers need to invest in online sales and e-commerce platforms to reach new consumers in an increasingly digital world.

7. Safety Standards - Safety standards are becoming increasingly important for the industry as consumer's demand safe and reliable boating experiences. Dealers should also provide training programs and safety information on boating activity and products they sell.

8. New Entrants - The entry of new boat dealers in the industry presents challenges and opportunities to established dealers. New entrants may introduce innovative products, new business models, and pricing strategies that will influence the industry.

Product & Services Breakdown

Research products and services in the Boat Dealers industry generating sales. Note that products are broken into categories with different levels of classification.

Product Description	Number of Companies	Sales ($ millions)	Percent of Total Sales
Industry Total
Sporting Goods & Recreational Equipment
Boats & Other Sport Vehicles, Parts & Accessories
New Boats, Canoes, Kayaks, Motors, Parts & Accessories
Used Boats, Canoes, Kayaks, Motors, Parts & Accessories
All-Terrain Vehicles (Atvs) & Personal Watercraft
All Nonmerchandise Receipts
Labor Charges For Work Performed By This Establishment
Parts, Paint & Materials Installed In Repair
Receipts From Pleasure Boat Storage & Docking Services

U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

	Industry Average	Percent of Sales (Industry Benchmark)
Total Revenue	Order at top of page
Operating Revenue
Cost of Goods Sold
Gross Profit
Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit Net Income

Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Boat Dealers company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation Ratios	Industry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Boat Dealers industry is performing.
Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Boat Dealers measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

Liquidity Ratios	Industry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories.

Efficiency Ratios - Key Performance Indicators	Industry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.

Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

Title	Percent of Workforce	Bottom Quartile
Management Occupations	7%	Order at top of page
Top Executives	5%
Chief Executives	0%
General and Operations Managers	5%
General and Operations Managers	5%
Sales and Related Occupations	33%
Retail Sales Workers	28%
Counter and Rental Clerks and Parts Salespersons	9%
Parts Salespersons	7%
Retail Salespersons	18%
Retail Salespersons	18%
Office and Administrative Support Occupations	15%
Installation, Maintenance, and Repair Occupations	30%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers	24%
Small Engine Mechanics	14%
Motorboat Mechanics and Service Technicians	5%
Motorcycle Mechanics	7%
Miscellaneous Vehicle and Mobile Equipment Mechanics, Installers, and Repairers	7%
Recreational Vehicle Service Technicians	7%
Transportation and Material Moving Occupations	9%
Material Moving Workers	6%
Laborers and Material Movers	6%

Source: Bureau of Labor Statistics

Boat Dealers Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Boat Dealers industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Boat Dealers industry and adjacent sectors:

Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry	Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries
Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.	Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Boat Dealers industry.