Big Opportunity for EV & Recreational Industries as Global Electric Boat Market Expected to Reach $20.2 Billion By 2032
Vision Marine Technologies Inc. - Common Shares (VMAR)
Company Research
Source: GlobeNewswire
PALM BEACH, Fla., Nov. 18, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Industry experts are predicting that the Global Electric Boat market is expected to continue to its substantial growth at a for years to come. A recent report released on November 9, 2024 said that: “The Electric Boat market is expected to grow from USD 7,964.355 million in 2024 to USD 20,217.86 million by 2032, at a compound annual growth rate (CAGR) of 12.35%. As sustainability becomes a top priority for consumers, there is a noticeable shift towards eco-friendly transportation options like electric boats. These vessels cater to those seeking peaceful recreational experiences such as fishing, cruising, and sightseeing, while also appealing to individuals who prioritize environmental impact. Electric boats are also gaining traction among high-end consumers due to their association with luxury, exclusivity, and innovative design, offering a premium, sustainable boating experience. The Electric Boat
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News
- Vision Marine and Armada Partner to Produce an Innovative Electric Pontoon for North America's Regulated Lakes [Yahoo! Finance]Yahoo! Finance
- Vision Marine and Armada Partner to Produce an Innovative Electric Pontoon for North America’s Regulated LakesAccesswire
- Riding the Wave of an Electric Boat Future- Collaborations Key to Success [Yahoo! Finance]Yahoo! Finance
- Vision Marine Technologies Full Year 2024 Earnings: EPS Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Vision Marine Technologies and Massimo Marine Announce Production Partnership for First Commercial Electric Pontoon PlatformAccesswire
VMAR
Earnings
- 1/16/24 - Beat
VMAR
Sec Filings
- 1/6/25 - Form 6-K
- 12/20/24 - Form 20-F
- 12/19/24 - Form 6-K
- VMAR's page on the SEC website