The bad news for the industry is that there has been a decline in registered boats, but the good news is that for those who are interested in getting into boating or upgrading, there should be quite a few out there on the market.
The National Marine Manufacturers Association (NMMA) has announced that boat registration numbers decreased 2.2 percent (or 282,615 boats) for a total of 12.5 million registered boats in 2010 compared to 2009’s 12.7 million. This new data is from NMMA’s 2010 U.S. Recreational Boat Registration Statistics Report, released this week.
Of the 12.5 million registered recreational boats, the report notes there were 183,930 new model year powerboats sold and registered in the U.S. in 2010.
The report provides incredibly detailed registration data on a national, regional and state level and includes new boat registrations, U.S. Coast Guard documented boats and total registrations by boat segment, size, power, and hull material. Regional summaries include population/income estimates and shoreline/inland water data. The report again ranks each state based on total boat registrations with the top five being:
1. Florida: 914,535 registered boats in 2010. Florida held the number one spot for total boat registrations, decreasing 3.6 percent from 2009’s 949,030.
2. Minnesota: 813,976 registered boats in 2010. Minnesota moved from third to second for boat registrations, increasing 0.3 percent from 2009’s 811.775.
3. Michigan: 812,066 registered boats in 2010. Michigan moved from fourth to third, staying relatively flat in 2010 compared to 2009’s 811,670.
4. California: 810,008 registered boats in 2010. California dropped to fourth from second, decreasing 10.7 percent compared to 2009’s 906,988.
5. Wisconsin: 615,335 registered boats in 2010. Wisconsin remained ranked fifth, decreasing 1.8 percent compared to 2009’s 626,304.
In addition, the report analyzes total boat registrations and finds:
• 95 percent of mechanically propelled boats are less than 26 foot in length; 42 percent are less than 16 foot in length and 54 percent are between 16 and 25 foot in length.
• 57 percent of mechanically propelled boats have hulls made of fiberglass; 38 percent have hulls made of metal.
• 66 percent of mechanically propelled boats are outboard boats; 20 percent are inboard/PWC; and 13 percent are sterndrive boats.
• The Pacific region posted the largest decline in registrations for 2010, down 9 percent compared to a year ago. The Mid-Atlantic region posted a 207% increase in registrations.
• The Great Lakes region again ranked first, accounting for slightly more than a quarter (27 percent) of registered boats in 2010.
“The annual U.S. Recreational Boat Registration Statistics Report allows us to grasp how many boats and what types of boats are on the water to get a deeper understanding of what Americans are buying and what type of boating their doing across the country,” says Jim Petru, director of industry statistics and research for NMMA. “Our 2010 findings tell us that recreational boating remained a popular activity with just a slight decline of 2.2 percent, during one of the toughest recessionary years from 2009 – 2010, further demonstrating boaters’ dedication to the lifestyle despite economic conditions.”
For the complete story, go to www.nmma.org.