Industry Statistics and Rankings
How does this industry perform in Norway compared to Europe?
Country Benchmarking
Industry Data Norway
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#10 In EuropeBusiness
#9 In EuropeEmployees
#15 In EuropeWages
#11 In EuropeThe Recreational Boat & Yacht building in Norway ranks 10 in Europe with regards to its 2024 revenue (€89.1m). Revenue received by operators in Norway has been moderate in volatility over the past five-year period, with the average annual change in revenue (13.4 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Recreational Boat & Yacht building industry in Norway in 2024?
The market size of the Recreational Boat & Yacht building industry in Norway is €89.1m in 2024.
How many businesses are there in the Recreational Boat & Yacht building in Norway industry in 2024?
There are 118 businesses in the Recreational Boat & Yacht building industry in Norway, which has declined at a CAGR of 2.2 % between 2019 and 2024.
Has the Recreational Boat & Yacht building industry in Norway grown or declined over the past 5 years?
The market size of the Recreational Boat & Yacht building industry in Norway has been declining at a CAGR of 13.4 % between 2019 and 2024.
What is the forecast growth of the Recreational Boat & Yacht building industry in Norway over the next 5 years?
Over the next five years, the Recreational Boat & Yacht building industry in Norway is expected to decline.
What are the biggest companies in the Recreational Boat & Yacht building market in Norway?
The biggest company operating in the Recreational Boat & Yacht building market in Norway is Nimbus Group AB
What does the Recreational Boat & Yacht building in Norway include?
Motor Yatchts and Motorboats and Sailing Boats are part of the Recreational Boat & Yacht building industry.
Which companies have the highest market share in the Recreational Boat & Yacht building in Norway?
The company holding the most market share in Norway is Nimbus Group AB.
How competitive is the Recreational Boat & Yacht building industry in Norway?
The level of competition is moderate and steady in the Recreational Boat & Yacht building industry in Norway.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Motor Vehicle & Trailer Manufacturing in Norway
- Aircraft, Engine & Parts Manufacturing in Norway
Complementors
- Railway Equipment Manufacturing in Norway
- Fabricated Metal Product Repair in Norway
International industries
Table of Contents
About this industry
Industry definition
Companies in this industry manufacture recreational boats and yachts for domestic and export markets. Manufactured products range from luxurious superyachts to inflatable boats and canoes.
What's included in this industry?
Motor YatchtsMotorboats and Sailing Boats Other Boats Inflatable BoatsIndustry Code
3012 - Building of pleasure and sporting boats in Norway
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Recreational Boat & Yacht building in Norway
- Employees in the Recreational Boat & Yacht building in Norway
- Business in the Recreational Boat & Yacht building in Norway
- Profit in the Recreational Boat & Yacht building in Norway
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Most manufacturers have to abide by EU regulations. Most product-related regulations in the industry are based on the EU's Directive 2013/53/EU, the so-called Recreational Craft Directive, which sets out various points that must be tested and observed when building boats and yachts.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Recreational Boat & Yacht building in Norway industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Manufacturers can pass on cost increases to downstream clients, protecting profit. Most builders have defended themselves against soaring input inflation in recent years by entering into fixed-priced agreements or offloading high input costs onto high-income clients.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Recreational Boat & Yacht building in Norway industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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