Boat Ownership According to Recreational Boating Statistics, published in August 2015, and the 56th annual report by the United States Coast Guard (www.uscg.mil), 11.8... RECREATIONAL BOATING in USA

Boat Ownership

According to Recreational Boating Statistics, published in August 2015, and the 56th annual report by the United States Coast Guard (www.uscg.mil), 11.8 million recreational boating vehicles are registered in the United States, a decrease of 1.6% from the previous year.

RECREATIONAL BOATING in USA Photo Gallery




Registrations by state are as follows:

Alabama: 262,926

Alaska: 50,123

Arizona: 124,425

Arkansas: 206,283

California: 728,679

Colorado: 83,683

Connecticut: 99,658

Delaware: 59,337

District of Columbia: 1,963

Florida: 873,507

Georgia: 321,740

Hawaii: 12,033

Idaho: 86,270

Illinois: 274,906

Indiana: 212,466

Iowa: 221,939

Kansas: 82,016

Kentucky: 174,358

Louisiana: 307,059

Maine: 106,328

Maryland: 178,573

Massachusetts: 135,750

Michigan: 789,458

Minnesota: 809,292

Mississippi: 133,406

Missouri: 294,009

Montana: 47,427

Nebraska: 86,778

Nevada: 44,196

New Hampshire: 92,258

New Jersey: 152,889

New Mexico: 34,647

New York: 451,862

North Carolina: 380,670

North Dakota: 53,560

Ohio: 459,778

Oklahoma: 214,468

Oregon: 163,358

Pennsylvania: 322,195

Rhode Island: 36,291

South Carolina: 462,680

South Dakota: 57,209

Tennessee: 256,862

Texas: 566,897

Utah: 66,804

Vermont: 27,861

Virginia: 236,521

Washington: 226,662

West Virginia: 48,139

Wisconsin: 627,352

Wyoming: 27,117

Twenty states account for 75% of registered boats. Boating is most popular in California, Florida, Michigan, and Minnesota; these states each account for about 10% of registrations. New York, Texas, and Wisconsin each account for 5% or more of registered boats.

53.2 Market Assessment

According to the National Marine Manufacturers Association (NMMA, www.nmma.org), the total economic impact of recreational boating is $121.5 billion. The boating industry generated $36.7 billion from sales of recreational boats, accessories, and marine services.

The following states lead the U.S. in sales of new powerboats, motorboats, trailers, and accessories:

Florida: $1.96 billion

Texas: $1.18 billion

Michigan: $ 656 million

Delaware: $ 574 million

Minnesota: $ 557 million

New York: $ 552 million

Wisconsin: $ 519 million

North Carolina: $ 508 million

Louisiana:

California:

$ 478 million $ 432 million

Boat Dealers Industry Profile, a February 2016 report by First Research (www.firstresearch.com), assesses that the U.S. boat dealership sector includes about 4,700 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $12 billion. Major companies include MarineMax (www.marinemax.com) and West Marine (www.westmarine.com). The industry is fragmented: the 50 largest dealers generate less than 30% of revenue.

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