The hybrid boats market is set to grow from USD 1.7 billion in 2023 to USD 2.7 billion by 2028, with a CAGR of 10.4%. Major players in this market include Brunswick Corporation, Groupe Beneteau, Greenline Yachts, Candela Technology AB, and Silent Yachts. North America is expected to lead in 2023 due to government support and rising consumer preference for eco-friendly options. Hybrid propulsion systems are increasingly favored in recreational boats due to stringent emission rules and growing environmental awareness.

Hybrid Boats Market Thriving Growth