Gitnux/Report 2026

Boat Repair Industry Statistics

See how boat downtime and repair costs shift in 2026 as insurers tighten parts and labor rules, and as owners demand faster, more reliable fixes. This page puts the most telling Boat Repair Industry metrics side by side so you can spot where savings really come from and where delays quietly do the damage.
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November 11, 2026Updated
Boat Repair Industry Statistics
David SutherlandWritten by David Sutherland·Edited by Catherine Wu·Fact-checked by Claire Beaumont
Published ·Updated
How this report is researched
01Editorial Scope

An editor sets the topic, the inclusion criteria, and the evaluation framework before research starts.

02Source Research

AI search agents locate sources and extract each figure together with the document it came from.

Read our full methodology →

Search agents attach provenance to every extracted figure.

Next review: within 31 days

01 Industry overview

The boat repair industry at a glance

The global boat repairing market reached $8.11 billion in 2025 and is forecast to grow to $12.67 billion by 2030.

$8.11B[43]
Global market size, 2025
9.6%[43]
Forecast CAGR, 2025–2030
36.73%[44]
APAC MRO share, 2025
$2.9B[45]
U.S. industry sales, 2023
Market size
The global boat repairing market was valued at $8.11 billion in 2025, up from $7.64 billion in 2024. The U.S. marine surveyors and non-harbor repair industry recorded $2.9 billion in sales in 2023.[43][45]
Forecast & CAGR
The global boat repairing market is forecast to reach $12.67 billion by 2030, representing a 9.6% compound annual growth rate from 2025. A separate 2025 outlook estimates a 10.6% CAGR through 2034, reaching $21.9 billion, reflecting differences in market definitions and forecasts.[43][46]
Market share & regions
Asia-Pacific was the largest boat repairing region in 2025, with North America ranked second. In the broader boat and ship MRO market, Asia-Pacific accounted for 36.73% of revenue in 2025 and is projected to grow at 7.83% annually through 2031.[46][44]
Segmentation
The market is segmented by vessel type into recreational, commercial, military and other boats; by propulsion into motorboats and sailboats; and by service into collision, fire, submergence, grounding and transport damage repairs. Covered recreational vessels include sport-fishing boats, motorboats, sailboats, pontoons, bay boats, runabouts and watersport boats.[46][43]
Pricing
A 2025 U.S. yacht-service rate sheet lists general labor at $80 per hour, skilled labor at $100, and fiberglass, painting, mechanical, rigging and diagnostic work at $135 per hour. The same schedule charges $18 per foot for bottom painting and adds a 3% environmental-compliance charge plus a 2% consumable-shop-supply charge.[47]
Trends, drivers & challenges
Forecast growth is linked to rising recreational-boat demand, aging commercial fleets, safety-compliance requirements, marina expansion, digital diagnostics, sustainable maintenance and refurbishment of older boats. The 2025 market outlook also identifies tariffs on imported adhesives, marine hardware and engine components as a cost challenge for repair businesses and owners.[43][48]
M&A
Recent consolidation includes Westbridge Capital’s May 2025 acquisition of Delta Marine Service, a British Columbia yacht-repair provider offering mechanical, welding, fabrication, fiberglass, gelcoat and refit services. Groupe Beneteau acquired Mediterranean service company BMS in October 2025; BMS had 14 employees, generated €3.3 million in 2025 revenue and serviced more than 50 Lagoon catamarans annually.[49][50]
Latest news
In October 2025, Groupe Beneteau announced the acquisition of BMS to expand Lagoon’s maintenance, customization, refit and technical-support network in the Mediterranean. In May 2025, Westbridge Capital announced its acquisition of Delta Marine Service to support expansion and investment in marine-service talent and infrastructure.[50][49]

02 Ranking

Top 10 Companies in the Boat Repair Industry

The leading companies in the boat repair industry, ranked on market impact, performance, momentum, innovation and brand popularity.

Updated November 10, 2026 · Next review December 10, 2026

Verdict

MB92 leads Gitnux's 2026 boat repair ranking with an Overall score of 9.2, with worldwide superyacht refit, repair and maintenance from major refit facilities. Bollinger Shipyards is the highest-ranked marine repair and conversion service at 9.1, backed by eight repair-focused facilities along the Louisiana Gulf Coast.

Ranked by Overall score · How we score ↓

Editor's top 3 picks

Where to start, by need.

  1. #1 Overall · Leader in superyacht refit and repair

    MB92

    ES

    Ranked #1 · 9.2 · Superyacht refit and repair

    Why we picked it: Its superyacht refit and maintenance footprint is organized around major refit facilities used worldwide.

    See in ranking ↓Visit mb92.com ↗

  2. Leader in marine repair facilities

    Bollinger Shipyards

    US

    Ranked #2 · 9.1 · Marine repair facilities

    Why we picked it: Its Gulf Coast network covers repair-focused conversion and maintenance across eight facilities.

    See in ranking ↓Visit bollingershipyards.com ↗

  3. Leader in naval and military repair

    Fincantieri

    IT

    Ranked #3 · 9.0 · Naval and military repair

    Why we picked it: Its dedicated facilities cover naval, cruise, offshore, and yacht repairs and conversions.

    See in ranking ↓Visit fincantieri.com ↗

Pick 1 is the #1 company overall. Picks 2 and 3 are the highest-ranked companies in the top 5 that add a new segment.

Full ranking

Sort by
Top 10 companies in the boat repair industry, 2026 – Gitnux ranking
#CompanyOverall ↓Company snapshot
1

MB92

Superyacht refit and repair · ES

9.2
2

Bollinger Shipyards

Marine repair facilities · US

9.1
3

Fincantieri

Naval and military repair · IT

9.0
4

Austal

Naval and military repair · AU

9.0
5

General Dynamics

Naval and military repair · US

8.9
6

Damen Shipyards Group

Ship repair, conversion and maintenance worldwide · NL

8.8
7

HII

Naval fleet sustainment, modernization and repair · US

8.5
8

Lusben

Superyacht refit and repair in Italy · IT

8.3
9

Monaco Marine

Superyacht maintenance, repair and refit in France · FR

7.9
10

Zamakona Yards

Commercial, fishing and offshore ship repair · ES

7.7

How we score

  • Impact (30%): scale and weight in the market (revenue, market share, employees, market position).
  • Performance (20%): recent revenue growth and operating margin; an analyst assessment where a company does not publish them.
  • Momentum (20%): growth trajectory and future potential.
  • Innovation (15%): R&D intensity and how technologically advanced the company is.

Popularity (brand search demand, 15%) counts toward Overall but is not published as a column. Overall leaves out what is not known.

Scale Scores are shown on a 7–10 scale with one decimal; bars start at 7.0.

Cadence Recalculated when new figures are published; next review December 10, 2026.

Independence. Rankings are editorially independent. Scores, ranks, picks and the verdict follow the method above; no company can pay to change them.

Cite this ranking

APA

David Sutherland. (2026, February 13). Top 10 companies in the boat repair industry. In Boat Repair Industry Statistics. Gitnux. https://gitnux.org/boat-repair-industry-statistics/#top-companies

report visual · Projection

Gross value added of repair and maintenance of ships and boats (SIC 33.15), current prices (United Kingdom)

Gross value added of repair and maintenance of ships and boats (SIC 33.15), current prices fell from 760 GBP million in 2020 to 431 GBP million in 2025.

760 GBP million
Start
-10.72%
CAGR · 5y
431 GBP million
Projected
20202025
source-verifiedreindustrialiseuk.org2025

04 Statistics

Technology & Innovation

Technology and innovation data highlights digital operational use and cycle-time measurement. MB92 also reports 484 bridge-platform projects since 2023 for yacht-refit reporting.

Digital Transformation in the home and personal services sector (sector benchmark)

  • Among England adult social care providers, 63% used digital rostering tools in February–March 2025.[1]
  • Among England adult social care providers, 73% used digital social care records in February–March 2025.[1]
  • Across U.S. service-based SMBs, 69% used at least one operational automation to save time in data collected in December 2025.[2]
  • Across U.S. service-based SMBs, 42% said they could not survive without their digital tools in data collected in December 2025.[2]

Technology Adoption in the home and personal services sector (sector benchmark)

  • Among surveyed homecare businesses, 98% used care-management software in 2024.[3]
  • Among surveyed homecare businesses, 96% used rostering software in 2024.[3]
  • Among surveyed homecare businesses, 92% used finance software in 2024.[3]
  • Among surveyed homecare businesses, 94% used auditing and compliance software in 2024.[3]
  • Among England adult social care providers, 73% used at least one care technology for care and support in February–March 2025.[1]

Cloud Computing in the home and personal services sector (sector benchmark)

  • Across EU businesses, 45% bought cloud-computing services in 2023.[4]
  • Across EU large businesses, 78% bought cloud-computing services in 2023.[4]
  • Across EU small and medium-sized enterprises, 44% bought cloud-computing services in 2023.[4]
  • Among EU businesses using cloud computing, 68% used it for file storage in 2023.[4]
  • Among EU businesses using cloud computing, 83% used it to host email systems in 2023.[4]

Big Data in the home and personal services sector (sector benchmark)

  • Among surveyed homecare providers, 57% reported improved visibility of care after adopting smart technology in 2024.[3]
  • Among surveyed homecare agencies with reporting tools, 22% were not using their data to inform business decisions or benefit clients in 2025.[5]
  • Among surveyed homecare providers, 64% said smart technology helped them better audit care quality in 2024.[3]
  • Among surveyed homecare providers, 76% said smart technology helped them better evidence care quality in 2024.[3]

IoT in the home and personal services sector (sector benchmark)

  • Among England adult social care providers, 6% used smartwatches in February–March 2025.[1]
  • Among England adult social care providers, 35% used personal alarms in February–March 2025.[1]
  • Among England adult social care providers, 14% used audio assistants such as smart speakers in February–March 2025.[1]
  • Among England adult social care providers, 5% used voice-operated or remote-controlled technology in February–March 2025.[1]
  • Among England adult social care providers, 43% used monitoring equipment with sensors in February–March 2025.[1]

05 Statistics

Data & Analytics

Data and analytics emphasize maintenance tracking and owner reporting as future onboard uses. It also reports repair-event cycle-time analytics from 2,424 work orders.

Business intelligence in the boat repair industry

  • 35.7% of surveyed stakeholders cited route planning as a future onboard digital-technology use in yacht operations.[6]
  • 484 projects had been managed through MB92’s Bridge client platform since 2023, providing a data foundation for yacht-refit reporting.[6]
  • More than 70 stakeholders contributed to MB92’s survey of digitalisation, artificial intelligence and connected systems in yacht refit.[6]
  • 64.3% of surveyed yacht-sector stakeholders cited maintenance tracking as a future onboard digital-technology use, a core business-intelligence application for refit providers.[6]
  • 54.8% of surveyed yacht-sector stakeholders cited owner and management reporting as a future onboard digital-technology use.[6]
  • 6% of MB92 Group’s total investment was allocated to information technology and digitalisation in 2025.[6]

Data analytics in the boat repair industry

  • 86 days was the average repair-event cycle time for warranty-coverage work orders in February 2025.[7]
  • 21% of February 2025 marine-dealership work orders involved warranty coverage.[7]
  • 21% of February 2025 marine-dealership work orders involved out-of-stock parts.[7]
  • 164 days was the Midwest average warranty-coverage repair-event cycle time in February 2025.[7]
  • 22 work orders was the average number per marine-dealership location in February 2025.[7]
  • 2,424 marine-dealership work orders were reviewed in February 2025 to calculate repair-event cycle-time analytics.[7]

Data Quality in the home and personal services sector (sector benchmark)

  • Across organizations in APQC cross-industry research, 43% reported already using data-quality assessments within data governance in 2024.[8]
  • Across supply-management organizations, 23% reported spending at least 21% of their time cleaning data in 2024.[9]
  • Across supply-management organizations, 49% reported that their data quality was good or excellent in 2024, based on a survey of more than 121 respondents.[9]
  • Across supply-management organizations, 67% said their data quality was better or significantly better than two years earlier in 2024.[9]

Data Governance in the home and personal services sector (sector benchmark)

  • Among organizations surveyed globally, 47% reported housing their data-governance function in a center of excellence in 2024.[9]
  • Among organizations surveyed globally, 61% reported having a dedicated data-governance function in 2024.[9]
  • Among organizations surveyed globally, 81% considered their data-governance program useful in 2024.[9]
  • Among consumer-services companies, 31% reported having a formal data-governance organization in 2024, making this a relevant benchmark for personal-services businesses.[10]
  • Among organizations surveyed globally, 53% of companies with more than 10,000 employees reported a formal data-governance organization in 2024.[10]

KPIs in the boat repair industry

  • 36 days was the average repair-event cycle time at U.S. marine dealerships in June 2026.[7]
  • 41 days was the average repair-event cycle time at U.S. marine dealerships in April 2026.[7]
  • 71 days was the average repair-event cycle time for warranty-covered work orders at U.S. marine dealerships in April 2026.[7]
  • 63 days was the average repair-event cycle time for warranty-covered work orders at U.S. marine dealerships in June 2026.[7]
  • 28 days was the West average repair-event cycle time in January 2025.[7]
  • 56 days was the average repair-event cycle time for out-of-stock-parts work orders at U.S. marine dealerships in June 2026.[7]

06 Statistics

People & Workforce

People and workforce metrics point to staffing constraints and hiring difficulty. The set includes 2,600 projected annual job openings for U.S. motorboat mechanics and service technicians through 2034.

Hiring in the boat repair industry

  • More than 200 marine technician positions were vacant at Bay Area boatyards and marine service providers in 2024.[11]
  • 59% of unfilled full-time marine dealership positions were in service departments in 2026, according to workforce research cited by the Michigan Boating Industries Association.[12]
  • 579 motorboat mechanics and service technicians were employed in Minnesota in 2024 Q2.[13]
  • 2,600 annual job openings for U.S. motorboat mechanics and service technicians are projected through 2034.[12]
  • 90 of 105 surveyed U.S. shipbuilding or repair companies said recruiting workers was very or moderately challenging in the GAO survey.[14]

Employee retention in the boat repair industry

  • 57% of trade workers at one U.S. shipbuilder had fewer than five years of experience, indicating a heavily newer workforce in the repair-related industrial base.[14]
  • A shipyard representative told GAO that employment had fallen from 1,000 workers to 200, partly because younger generations were not entering shipbuilding and repair.[14]
  • 62 of 105 surveyed U.S. shipbuilding or repair companies said retaining workers was very or moderately challenging in the GAO survey.[14]
  • Ship repair companies in San Diego, Mayport and Pearl Harbor could exceed workforce capacity during some periods through fiscal year 2031 if staffing remains unchanged.[14]

Remote Work in the home and personal services sector (sector benchmark)

  • Across U.S. other-services industries, 32.6% of workers did some work at home on average in 2024–2025.[15]
  • Across U.S. education and health-services industries, 28.1% of workers did some work at home on average in 2024–2025.[15]
  • Across U.S. leisure and hospitality industries, 7.2% of workers did some work at home on average in 2024–2025.[15]
  • Across U.S. service occupations, 6.5% of workers did some work at home on average in 2024–2025.[15]

Hybrid Work in the home and personal services sector (sector benchmark)

  • Across U.S. education industries, 44% of full-time employees were hybrid during December 2023–March 2024.[16]
  • Across U.S. professional and business services, 22% of full-time employees were hybrid during December 2023–March 2024.[16]
  • Across U.S. health-care and social-assistance industries, 30% of full-time employees were hybrid during December 2023–March 2024.[16]
  • Across U.S. full-time wage-and-salary employees, 28% worked in a hybrid arrangement during December 2023–March 2024.[16]
  • Among U.S. full-time employees able to work from home, 44.4% were hybrid during December 2023–March 2024.[16]

Upskilling in the boat repair industry

  • 92 people graduated from two U.S. Department of Labor mariner Job Corps programs in fiscal year 2024.[14]
  • 42 apprentices were training to become officers in charge of a navigational watch in U.S. registered-apprenticeship programs in fiscal year 2024.[14]
  • 47 institutions were designated as Centers of Excellence for domestic maritime workforce training by the U.S. Maritime Administration in 2026.[17]
  • About 400 apprentices participated in U.S. mariner registered-apprenticeship programs in fiscal year 2024, including programs relevant to maritime repair workforce development.[14]
  • 133 people were enrolled in two U.S. Department of Labor mariner Job Corps programs in fiscal year 2024.[14]

Employee Engagement in the home and personal services sector (sector benchmark)

  • Across 183,000 business units in 53 industries and 90 countries, top-quartile engagement teams achieved 23% higher profitability than bottom-quartile teams in Gallup’s meta-analysis.[18]
  • Globally, 27% of managers were engaged at work in 2025, down from 30% in 2024.[18]
  • Across the United States and Canada, 31% of employees were engaged at work in 2025.[18]
  • In the United States, 32% of employees were engaged at work in 2025.[18]

Change Management in the home and personal services sector (sector benchmark)

  • In a 2025 U.S. employee survey, 69% said major new product and service launches made their organizations better.[19]
  • In Prosci’s 2023 change-management benchmark, 28% of respondents were based in the United States.[20]
  • Prosci’s 2023 change-management benchmark included 2,668 respondents across 38 industries and 101 countries.[20]

07 Statistics

Customer & Sales

Customer and sales figures focus on service performance and lead capture. It reports 98% of incoming calls answered within 60 seconds and 57% using an API feed for inventory.

Customer experience in the boat repair industry

  • 100% of surveyed customers reported satisfaction with Boat Fix’s 24/7 service in a recent pilot survey, geography not stated, 2024.[21]
  • 86% of Boat Fix mechanical calls were resolved successfully over the phone, geography not stated, 2024.[21]
  • 98% of incoming Boat Fix calls were answered within 60 seconds, day or night, geography not stated, 2024.[21]
  • 20%–30% of marine customers with satisfaction below 80% after dealer service reduced their boat-brand satisfaction by at least 20 points, 2020.[22]

Customer retention in the boat repair industry

  • 92% of Boat Fix calls were received on weekends and holidays when most service centers were closed, geography not stated, 2024.[21]
  • 20%–30% of customers with declining post-service satisfaction opened the possibility of brand and dealer defection, depending on marine brand, 2020.[22]
  • More than 95% was Boat Fix’s reported renewal rate, geography not stated, 2024.[21]

Customer acquisition in the boat repair industry

  • 57% of surveyed marine dealers used an API feed to send inventory to external sources, North America, 2025.[7]
  • 84% of surveyed marine dealers posted inventory on third-party listing sites, North America, 2025.[7]
  • 70% of surveyed marine dealers reported using search-engine marketing such as Google Ads, North America, 2025.[7]
  • 61% of surveyed marine dealers invested in paid online advertising, North America, 2025.[7]

Customer loyalty in the boat repair industry

  • 18.0% of Texas boat owners analyzed were repeat owners associated with two or more boats, 2026.[23]
  • 25.6% of Florida boat owners analyzed were repeat owners associated with two or more boats, 2026.[23]
  • 23% of repeat buyers in Florida stayed within the same boat class, 2026.[23]
  • 6%–13% of repeat boat buyers stayed with the same manufacturer for their next boat across Florida, Ohio, Texas and Virginia, 2026.[23]
  • 31.3% of Ohio boat owners analyzed were repeat owners associated with two or more boats, 2026.[23]

Lead generation in the boat repair industry

  • 23% of surveyed marine dealers relied on third-party reporting to track site traffic, North America, 2025.[7]
  • 75% of surveyed marine dealers tracked lead source, North America, 2025.[7]
  • 60% of surveyed marine dealers tracked lead conversions, North America, 2025.[7]
  • More than 85% of surveyed marine dealers tracked website traffic, North America, 2025.[7]

08 Statistics

Marketing & Brand

Marketing and brand data centers on measurement and channel spend by marine dealers. It reports 13.4% citing time or staffing as a digital-marketing pain point in North America.

Marketing in the boat repair industry

  • 13.4% of mentions identified time or staffing as a digital-marketing pain point among surveyed marine dealers, North America, 2025.[7]
  • More than 25% of surveyed marine dealers had annual online marketing budgets of at least $50,000, North America, 2025.[7]
  • 18% of surveyed marine dealers did not measure online marketing success, North America, 2025.[7]
  • 16% of surveyed marine dealers reported annual online marketing budgets of at least $100,000, North America, 2025.[7]
  • 8% of surveyed marine dealers spent $5,000 or less annually on online marketing, North America, 2025.[7]

Digital marketing in the boat repair industry

  • 98% of surveyed marine dealers maintained a current-inventory list on their website, North America, 2025.[7]
  • 14% of surveyed marine dealers entrusted paid online advertising to a third party, North America, 2025.[7]
  • 70% of surveyed marine dealers used search-engine marketing, North America, 2025.[7]
  • 57% of surveyed marine dealers used API feeds to send inventory to external sources, North America, 2025.[7]
  • 9% of surveyed marine dealers did not understand digital-marketing terminology, North America, 2025.[7]

Branding in the boat repair industry

  • 67 to −55 was the reported Net Promoter Score range among long-term marine owners preferring a different brand and/or dealer, 2020.[22]
  • 0.55 was the correlation between OEM communication and low or negative Net Promoter Score among surveyed marine owners, 2020.[22]
  • 85 was the highest reported Net Promoter Score among long-term marine owners happy with both their boat brand and dealer, 2020.[22]
  • 0.51 was the correlation between dealer service and low or negative Net Promoter Score among surveyed marine owners, 2020.[22]

Influencer Marketing in the home and personal services sector (sector benchmark)

  • Across surveyed brands, 83% perceived influencer marketing as effective in 2023.[24]
  • Across surveyed brands, 54.3% used views, reach, or impressions as their primary influencer-marketing success metric in 2024.[24]
  • Among U.S. Gen Z beauty shoppers, 90% bought a beauty product based on an influencer recommendation during the previous year.[25]
  • Globally, 40% of brands engaged influencers on an extended basis in 2025, up from 29% previously.[26]
  • Among U.S. home-services businesses, 33% expected to try influencer marketing for the first time in 2026.[27]

09 Statistics

Operations & Execution

Operations and execution metrics track repair-event cycle time and parts availability impact. It reports 27 days as the average repair-event cycle time in August 2026.

Process optimization in the boat repair industry

  • 27 days was the average repair-event cycle time at U.S. marine dealerships in August 2026, the quickest August average since 2018.[7]
  • 50% collectible efficiency reduced annual service-department collections to $676,200 in an example involving six marine technicians paid for 13,800 hours.[22]
  • A marine service department example generated $809,000 annually before collectible efficiency fell by 10 percentage points to 50%.[22]
  • 36 days in June 2026 fell to 28 days in July and 27 days in August for average U.S. marine-dealership repair-event cycle time.[7]

Operational efficiency in the boat repair industry

  • 43 days was the average cycle time for out-of-stock-parts work orders at U.S. marine dealerships in August 2026.[7]
  • 49 days was the average cycle time for warranty-covered work orders at U.S. marine dealerships in August 2026.[7]

Supply chain in the boat repair industry

  • 9% of annual operating costs in Canada’s repair-and-maintenance boating subsector were attributed to tools and equipment in 2016.[28]
  • 14% of annual operating costs in Canada’s repair-and-maintenance boating subsector were attributed to buildings and land in 2016.[28]
  • 10% of annual operating costs in Canada’s repair-and-maintenance boating subsector were attributed to materials and components in 2016.[28]
  • 43 days was the average repair-event cycle time for U.S. marine-dealership work orders involving out-of-stock parts in August 2026.[7]

Outsourcing / Offshoring in the home and personal services sector (sector benchmark)

  • 18% of facility organizations worldwide reported decreasing their use of outsourcing or contractors during October–December 2025.[29]
  • 91% of 200 leading food-services and facility-management buyers in the United States and Europe expected their outsourcing budgets to increase over the five years to 2030, based on a 2024 survey.[30]
  • 33% of facilities-maintenance activities were contracted out on average by hospitals in the United States, according to a 2024 operations survey.[31]
  • 37% of facility organizations worldwide reported increasing their use of outsourcing or contractors in the October–December 2025 survey period.[29]
  • 43% of facility organizations worldwide reported no change in their use of outsourcing or contractors during October–December 2025.[29]

10 Statistics

Finance & Pricing

Finance and pricing inputs include labor rate ranges and margins discussed by practitioners. It cites a 10% to 15% net-profit range for a well-run boat-repair shop in 2026.

Pricing strategy in the boat repair industry

  • 30% to 40% was the healthy gross-margin range for parts in the boat-repair shops discussed by a U.S. accounting practitioner in 2026.[32]
  • $100 to $150 per hour was the estimated 2025–2026 shop labor-rate range for marine mechanics in Charleston, South Carolina.[33]
  • $85 to $150 per hour was the estimated 2025–2026 mobile-service labor-rate range for marine mechanics in Charleston, South Carolina.[33]

Cost reduction in the boat repair industry

  • 14% was the share of annual operating costs attributed to buildings and land in Canada’s repair-and-maintenance boating subsector in 2016.[28]
  • 25% was the share of annual operating costs attributed to human resources in Canada’s repair-and-maintenance boating subsector in 2016.[28]
  • 9% was the share of annual operating costs attributed to tools and equipment in Canada’s repair-and-maintenance boating subsector in 2016.[28]
  • 10% was the share of annual operating costs attributed to materials and components in Canada’s repair-and-maintenance boating subsector in 2016.[28]

Profitability in the boat repair industry

  • 10% to 15% was the net-profit range a U.S. accounting practitioner described as achievable for a well-run boat-repair shop in 2026.[32]
  • 27.26% was the average gross-profit margin of U.S. marine and boat service businesses in 2020.[34]
  • 26.82% was the average gross-profit margin of U.S. marine and boat service businesses in 2021.[34]
  • $101,576 was the average annual net profit of U.S. marine and boat service businesses in 2021.[34]
  • 5% to 6% was the cited U.S. industry-average net-profit range for boat dealerships and repair businesses in 2026.[32]

Financial planning in the boat repair industry

  • $2,506,223 was the average cost of goods sold for U.S. marine and boat service businesses in 2020.[34]
  • $1,000,000 was the median revenue of marine service and dealer businesses sold in the United States during 2021–2025.[34]
  • $3,385,878 was the average annual revenue of U.S. marine and boat service businesses in 2021, down 1.73% year over year.[34]
  • $812,611 was the average operating expense for U.S. marine and boat service businesses in 2021.[34]
  • $861,364 was the average operating expense for U.S. marine and boat service businesses in 2020.[34]

11 Statistics

Product & Service

Product and service figures link repair-market activity to regional industrial capacity. The Maine blue-economy report states $19.1B generated by boat-building in 2025.

Product development in the boat repair industry

  • 39,300 workers were supported by Maine’s boat-building industry in 2025, including businesses developing boats, parts and aftermarket products.[35]
  • 64.4% of U.S. boat-building industry revenue came from outboard motorboats in 2025, while customization, electric propulsion and autonomous technologies influenced product development in Maine.[35]
  • 8.7% of U.S. boat-building industry revenue came from sailboats in 2025, according to Maine’s blue-economy report.[35]
  • $19.1 billion was generated by Maine’s boat-building industry in 2025, supporting product and service development across 887 businesses.[35]
  • 3.1% of U.S. boat-building industry revenue came from parts and repair in 2025, according to Maine’s blue-economy report.[35]

Product lifecycle in the boat repair industry

  • 54.8% of surveyed yacht-sector stakeholders identified reporting to owners and management as a future onboard use of digital technology.[6]
  • 35.7% of surveyed yacht-sector stakeholders identified route planning as a future onboard use of digital technology.[6]
  • 246 refit, repair and maintenance projects were delivered worldwide by MB92 Group in 2025.[6]
  • 64.3% of surveyed yacht-sector stakeholders identified maintenance tracking as a leading future onboard use of digital technology.[6]

After-sales in the boat repair industry

  • 44.8% of surveyed U.S. saltwater boaters were satisfied with available engine-repair services, while 15.9% were not satisfied.[36]
  • 10.6% of MarineMax’s fiscal-2025 revenue came from maintenance, repair, rent and storage services.[37]
  • $73.4 million of MarineMax’s fiscal-2025 revenue came from repair services in the United States.[37]
  • $33.1 million of MarineMax’s fiscal-2025 revenue came from parts and accessories for repairs.[37]
  • 28.4% of surveyed U.S. saltwater boaters were satisfied with available hull-repair services, while 3.0% were not satisfied.[36]

Value proposition in the boat repair industry

  • Less than 4% of total U.S. industry sales were represented by MarineMax despite its scale as a marine retailer in 2026.[37]
  • 7.9% of MarineMax’s fiscal-2025 retail-operations revenue came from storage and charter rentals, complementary services to repair operations.[37]
  • 5.0% of MarineMax’s fiscal-2025 retail-operations revenue came from maintenance and repair services.[37]
  • 60.4% of MarineMax’s fiscal-2025 retail-operations revenue came from new-boat sales, with repairs and maintenance forming part of the ownership offering.[37]
  • 13.4% of MarineMax’s fiscal-2025 retail-operations revenue came from used-boat sales, supporting a broader ownership-service proposition.[37]

12 Statistics

Sustainability & Ethics

Sustainability and ethics data emphasizes composite content and disposal flows. It notes 60% average fibre-reinforced-plastic content for European end-of-life recreational boats.

Sustainability in the boat repair industry

  • €22.7 billion was the gross value added of the EU shipbuilding and repair sector in 2023, up 14% from 2022, according to the European Commission.[38]
  • €82.6 billion was the turnover of the EU shipbuilding and repair sector in 2023, an increase of 17% year over year.[38]
  • €48,700 was the estimated average annual wage in the EU shipbuilding and repair sector in 2023.[38]
  • 333,000 people were directly employed in the EU shipbuilding and repair sector in 2023, 5% more than in 2022.[38]

Circular economy in the boat repair industry

  • 60% was the average fibre-reinforced-plastic content reported for European end-of-life recreational boats.[39]
  • 93,000 vessels made up Belgium’s estimated registered recreational-boat fleet in the study of end-of-life craft and circularity.[40]
  • 2,000 end-of-life boats were estimated to enter Belgium’s disposal stream each year.[40]
  • More than 75% of Belgium’s recreational boats were made of composite materials, complicating dismantling and recycling.[40]
  • 10,000 end-of-life boats were estimated to be in Belgium, largely representing vessels that entered service 40–50 years earlier.[40]

Key questions about the Boat Repair Industry

What is the current size of the boat repairing market, and what is the forecast?
The global boat repairing market reached $8.11B in 2025 and is forecast to grow to $12.67B by 2030. Forecast growth implies 9.6% CAGR from 2025–2030.
How fast is the market expected to grow?
The market is forecast to grow at 9.6% CAGR from 2025–2030. A separate 2025 outlook estimates a 10.6% CAGR through 2034, reaching $21.9B.
Which companies lead the boat repair industry?
MB92 leads Gitnux's 2026 boat repair ranking with an Overall score of 9.2, with worldwide superyacht refit, repair and maintenance from major refit facilities. Bollinger Shipyards is the highest-ranked marine repair and conversion service at 9.1, backed by eight repair-focused facilities along the Louisiana Gulf Coast.
What technology changes are shaping boat repair work?
Digital diagnostics are identified as becoming standard, supported by rising adoption themes across the service sector. MB92 also reported 484 bridge-platform projects managed since 2023 for refit reporting.
How is the market structured by vessel and service type?
The market is segmented by vessel type into recreational, commercial, military and other boats. It is also segmented by propulsion into motorboats and sailboats, and by service into collision, fire, submergence, grounding, and transport damage repairs.
What drives repair pricing and scheduling risk?
Labor shortages lift rates and delays, while operating costs push repair prices higher. In addition, tariffs on imported adhesives, marine hardware, and engine components are identified as cost challenges for repair businesses and owners.
Reference

Cite This Report

This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.

APA
David Sutherland. (2026, February 13). Boat Repair Industry Statistics. Gitnux. https://gitnux.org/boat-repair-industry-statistics
MLA
David Sutherland. "Boat Repair Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/boat-repair-industry-statistics.
Chicago
David Sutherland. 2026. "Boat Repair Industry Statistics." Gitnux. https://gitnux.org/boat-repair-industry-statistics.

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