Water Taxi Market Size, Share & Trends Analysis Report By Product (Yachts, Cruise, Ferries, Sail Boats), By Propulsion (Electric, Hybrid, Diesel), By Region (North America, Europe, Asia Pacific, Latin America, MEA) And Segment Forecasts, 2025 - 2030
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Water Taxi Market Size & Trends
The global water taxi market size was estimated at USD 15.96 billion in 2024 and is projected t%li%grow at a CAGR of 3.9% from 2025 t%li%2030. The rising popularity of water taxis in tourism-centric regions is driving growth of the water taxi industry. Coastal cities, islands, and destinations with rich waterways, such as Venice, Dubai, and the Maldives, rely heavily on water taxis t%li%cater t%li%tourists seeking unique experiences. Water taxis serve as a mode of transport and enhance the overall travel experience, offering scenic routes and luxurious services. With the global travel industry recovering post-pandemic, demand for water taxis in major tourist hubs is surging.
The increasing urbanization in coastal cities and traffic congestion are expected t%li%fuel growth of the market over the forecast period. Water taxis offer an efficient and quick alternative t%li%road transportation, particularly in densely populated urban areas. Cities with waterfronts and harbors, such as those in North America, Europe, and parts of Asia, are investing in water taxi services t%li%alleviate congestion on land.
Moreover, many governments are recognizing the benefits of water taxis as part of a comprehensive urban mobility strategy. Investments in waterfront infrastructure, such as docks, terminals, and piers, are increasing. In cities like New York, London, and Hong Kong, governments are actively supporting the development of water taxi services t%li%improve mobility and tourism while reducing road congestion.
In addition, the incorporation of new technologies, such as app-based booking systems and GPS tracking, has made water taxi services more accessible and user-friendly. These technologies enhance the convenience of using water taxis by enabling passengers t%li%easily hail a ride, track their journey, and receive real-time updates. The growing adoption of these platforms is contributing t%li%the expansion of the water taxi market.
Water taxis can be a cost-effective solution for short t%li%medium-distance travel, particularly in areas where traditional public transport infrastructure is limited or expensive. By utilizing existing water routes, water taxis can operate at a relatively lower cost compared t%li%building extensive road networks or subway systems, making them an attractive option for local governments and service providers looking t%li%optimize transportation solutions.
Global Water Taxi Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 t%li%2030. For this study, Grand View Research has segmented the global water taxi market report based on product, propulsion, and region:
Water Taxi Market Size & Trends
The global water taxi market size was estimated at USD 15.96 billion in 2024 and is projected t%li%grow at a CAGR of 3.9% from 2025 t%li%2030. The rising popularity of water taxis in tourism-centric regions is driving growth of the water taxi industry. Coastal cities, islands, and destinations with rich waterways, such as Venice, Dubai, and the Maldives, rely heavily on water taxis t%li%cater t%li%tourists seeking unique experiences. Water taxis serve as a mode of transport and enhance the overall travel experience, offering scenic routes and luxurious services. With the global travel industry recovering post-pandemic, demand for water taxis in major tourist hubs is surging.
The increasing urbanization in coastal cities and traffic congestion are expected t%li%fuel growth of the market over the forecast period. Water taxis offer an efficient and quick alternative t%li%road transportation, particularly in densely populated urban areas. Cities with waterfronts and harbors, such as those in North America, Europe, and parts of Asia, are investing in water taxi services t%li%alleviate congestion on land.
Moreover, many governments are recognizing the benefits of water taxis as part of a comprehensive urban mobility strategy. Investments in waterfront infrastructure, such as docks, terminals, and piers, are increasing. In cities like New York, London, and Hong Kong, governments are actively supporting the development of water taxi services t%li%improve mobility and tourism while reducing road congestion.
In addition, the incorporation of new technologies, such as app-based booking systems and GPS tracking, has made water taxi services more accessible and user-friendly. These technologies enhance the convenience of using water taxis by enabling passengers t%li%easily hail a ride, track their journey, and receive real-time updates. The growing adoption of these platforms is contributing t%li%the expansion of the water taxi market.
Water taxis can be a cost-effective solution for short t%li%medium-distance travel, particularly in areas where traditional public transport infrastructure is limited or expensive. By utilizing existing water routes, water taxis can operate at a relatively lower cost compared t%li%building extensive road networks or subway systems, making them an attractive option for local governments and service providers looking t%li%optimize transportation solutions.
Global Water Taxi Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 t%li%2030. For this study, Grand View Research has segmented the global water taxi market report based on product, propulsion, and region:
- Product Outlook (Revenue, USD Million, 2018 - 2030)
- Yachts
- Cruise
- Ferries
- Sail Boats
- Propulsion Outlook (Revenue, USD Million, 2018 - 2030)
- Electric
- Diesel
- Hybrid
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Brazil
- Middle East and Africa (MEA)
- Saudi Arabia
- UAE
- South Africa
CHAPTER 1. METHODOLOGY AND SCOPE
1.1. Market Segmentation and Scope
1.2. Research Methodology
1.2.1. Information Procurement
1.3. Information or Data Analysis
1.4. Methodology
1.5. Research Scope and Assumptions
1.6. Market Formulation & Validation
1.7. List of Data Sources
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
CHAPTER 3. WATER TAXI MARKET VARIABLES, TRENDS, & SCOPE
3.1. Market Lineage Outlook
3.2. Market Dynamics
3.2.1. Market Driver Analysis
3.2.2. Market Restraint Analysis
3.2.3. Industry Challenge
3.3. Water Taxi Market Analysis Tools
3.3.1. Industry Analysis - Porter’s
3.3.1.1. Bargaining power of the suppliers
3.3.1.2. Bargaining power of the buyers
3.3.1.3. Threats of substitution
3.3.1.4. Threats from new entrants
3.3.1.5. Competitive rivalry
3.3.2. PESTEL Analysis
3.3.2.1. Political landscape
3.3.2.2. Economic landscape
3.3.2.3. Social landscape
3.3.2.4. Technological landscape
3.3.2.5. Environmental landscape
3.3.2.6. Legal landscape
CHAPTER 4. WATER TAXI MARKET: PRODUCT ESTIMATES & TREND ANALYSIS
4.1. Segment Dashboard
4.2. Water Taxi Market: Product Movement Analysis, USD Million, 2024 & 2030
4.3. Yachts
4.3.1. Yachts Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Cruise
4.4.1. Cruise Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5. Ferries
4.5.1. Ferries Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.6. Sail Boats
4.6.1. Sail Boats Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 5. WATER TAXI MARKET: PROPULSION ESTIMATES & TREND ANALYSIS
5.1. Segment Dashboard
5.2. Water Taxi Market: Propulsion Movement Analysis, USD Million, 2024 & 2030
5.3. Electric
5.3.1. Electric Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Diesel
5.4.1. Diesel Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.5. Hybrid
5.5.1. Hybrid Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 6. WATER TAXI MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
6.1. Water Taxi Market Share, By Region, 2024 & 2030, USD Million
6.2. North America
6.2.1. North America Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.2.2. U.S.
6.2.2.1. U.S. Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.2.3. Canada
6.2.3.1. Canada Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.2.4. Mexico
6.2.4.1. Mexico Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3. Europe
6.3.1. Europe Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.2. U.K.
6.3.2.1. U.K. Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.3. Germany
6.3.3.1. Germany Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.4. France
6.3.4.1. France Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Asia Pacific
6.4.1. Asia Pacific Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.2. China
6.4.2.1. China Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.3. Japan
6.4.3.1. Japan Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.4. India
6.4.4.1. India Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.5. South Korea
6.4.5.1. South Korea Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.6. Australia
6.4.6.1. Australia Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Latin America
6.5.1. Latin America Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5.2. Brazil
6.5.2.1. Brazil Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6. Middle East and Africa
6.6.1. Middle East and Africa Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6.2. Saudi Arabia
6.6.2.1. Saudi Arabia Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6.3. UAE
6.6.3.1. UAE Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6.4. South Africa
6.6.4.1. South Africa Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 7. COMPETITIVE LANDSCAPE
7.1. Company Categorization
7.2. Company Market Positioning
7.3. Company Heat Map Analysis
7.4. Company Profiles/Listing
7.4.1. Azimut Benetti S.p.A.
7.4.1.1. Participant’s Overview
7.4.1.2. Financial Performance
7.4.1.3. Product Benchmarking
7.4.1.4. Strategic Initiatives
7.4.2. FERRETTI SPA
7.4.2.1. Participant’s Overview
7.4.2.2. Financial Performance
7.4.2.3. Product Benchmarking
7.4.2.4. Strategic Initiatives
7.4.3. Carnival Corporation & Plc
7.4.3.1. Participant’s Overview
7.4.3.2. Financial Performance
7.4.3.3. Product Benchmarking
7.4.3.4. Strategic Initiatives
7.4.4. Disney Cruise Line
7.4.4.1. Participant’s Overview
7.4.4.2. Financial Performance
7.4.4.3. Product Benchmarking
7.4.4.4. Strategic Initiatives
7.4.5. Royal Caribbean Group
7.4.5.1. Participant’s Overview
7.4.5.2. Financial Performance
7.4.5.3. Product Benchmarking
7.4.5.4. Strategic Initiatives
7.4.6. Austal
7.4.6.1. Participant’s Overview
7.4.6.2. Financial Performance
7.4.6.3. Product Benchmarking
7.4.6.4. Strategic Initiatives
7.4.7. Catalina Yachts
7.4.7.1. Participant’s Overview
7.4.7.2. Financial Performance
7.4.7.3. Product Benchmarking
7.4.7.4. Strategic Initiatives
7.4.8. Beneteau Group
7.4.8.1. Participant’s Overview
7.4.8.2. Financial Performance
7.4.8.3. Product Benchmarking
7.4.8.4. Strategic Initiatives
7.4.9. Bavaria Yachtbau
7.4.9.1. Participant’s Overview
7.4.9.2. Financial Performance
7.4.9.3. Product Benchmarking
7.4.9.4. Strategic Initiatives
7.4.10. Princess Cruise Lines
7.4.10.1. Participant’s Overview
7.4.10.2. Financial Performance
7.4.10.3. Product Benchmarking
7.4.10.4. Strategic Initiatives
1.1. Market Segmentation and Scope
1.2. Research Methodology
1.2.1. Information Procurement
1.3. Information or Data Analysis
1.4. Methodology
1.5. Research Scope and Assumptions
1.6. Market Formulation & Validation
1.7. List of Data Sources
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
CHAPTER 3. WATER TAXI MARKET VARIABLES, TRENDS, & SCOPE
3.1. Market Lineage Outlook
3.2. Market Dynamics
3.2.1. Market Driver Analysis
3.2.2. Market Restraint Analysis
3.2.3. Industry Challenge
3.3. Water Taxi Market Analysis Tools
3.3.1. Industry Analysis - Porter’s
3.3.1.1. Bargaining power of the suppliers
3.3.1.2. Bargaining power of the buyers
3.3.1.3. Threats of substitution
3.3.1.4. Threats from new entrants
3.3.1.5. Competitive rivalry
3.3.2. PESTEL Analysis
3.3.2.1. Political landscape
3.3.2.2. Economic landscape
3.3.2.3. Social landscape
3.3.2.4. Technological landscape
3.3.2.5. Environmental landscape
3.3.2.6. Legal landscape
CHAPTER 4. WATER TAXI MARKET: PRODUCT ESTIMATES & TREND ANALYSIS
4.1. Segment Dashboard
4.2. Water Taxi Market: Product Movement Analysis, USD Million, 2024 & 2030
4.3. Yachts
4.3.1. Yachts Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Cruise
4.4.1. Cruise Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5. Ferries
4.5.1. Ferries Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.6. Sail Boats
4.6.1. Sail Boats Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 5. WATER TAXI MARKET: PROPULSION ESTIMATES & TREND ANALYSIS
5.1. Segment Dashboard
5.2. Water Taxi Market: Propulsion Movement Analysis, USD Million, 2024 & 2030
5.3. Electric
5.3.1. Electric Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Diesel
5.4.1. Diesel Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.5. Hybrid
5.5.1. Hybrid Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 6. WATER TAXI MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
6.1. Water Taxi Market Share, By Region, 2024 & 2030, USD Million
6.2. North America
6.2.1. North America Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.2.2. U.S.
6.2.2.1. U.S. Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.2.3. Canada
6.2.3.1. Canada Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.2.4. Mexico
6.2.4.1. Mexico Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3. Europe
6.3.1. Europe Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.2. U.K.
6.3.2.1. U.K. Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.3. Germany
6.3.3.1. Germany Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.4. France
6.3.4.1. France Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Asia Pacific
6.4.1. Asia Pacific Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.2. China
6.4.2.1. China Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.3. Japan
6.4.3.1. Japan Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.4. India
6.4.4.1. India Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.5. South Korea
6.4.5.1. South Korea Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.6. Australia
6.4.6.1. Australia Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Latin America
6.5.1. Latin America Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5.2. Brazil
6.5.2.1. Brazil Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6. Middle East and Africa
6.6.1. Middle East and Africa Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6.2. Saudi Arabia
6.6.2.1. Saudi Arabia Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6.3. UAE
6.6.3.1. UAE Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6.4. South Africa
6.6.4.1. South Africa Water Taxi Market Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 7. COMPETITIVE LANDSCAPE
7.1. Company Categorization
7.2. Company Market Positioning
7.3. Company Heat Map Analysis
7.4. Company Profiles/Listing
7.4.1. Azimut Benetti S.p.A.
7.4.1.1. Participant’s Overview
7.4.1.2. Financial Performance
7.4.1.3. Product Benchmarking
7.4.1.4. Strategic Initiatives
7.4.2. FERRETTI SPA
7.4.2.1. Participant’s Overview
7.4.2.2. Financial Performance
7.4.2.3. Product Benchmarking
7.4.2.4. Strategic Initiatives
7.4.3. Carnival Corporation & Plc
7.4.3.1. Participant’s Overview
7.4.3.2. Financial Performance
7.4.3.3. Product Benchmarking
7.4.3.4. Strategic Initiatives
7.4.4. Disney Cruise Line
7.4.4.1. Participant’s Overview
7.4.4.2. Financial Performance
7.4.4.3. Product Benchmarking
7.4.4.4. Strategic Initiatives
7.4.5. Royal Caribbean Group
7.4.5.1. Participant’s Overview
7.4.5.2. Financial Performance
7.4.5.3. Product Benchmarking
7.4.5.4. Strategic Initiatives
7.4.6. Austal
7.4.6.1. Participant’s Overview
7.4.6.2. Financial Performance
7.4.6.3. Product Benchmarking
7.4.6.4. Strategic Initiatives
7.4.7. Catalina Yachts
7.4.7.1. Participant’s Overview
7.4.7.2. Financial Performance
7.4.7.3. Product Benchmarking
7.4.7.4. Strategic Initiatives
7.4.8. Beneteau Group
7.4.8.1. Participant’s Overview
7.4.8.2. Financial Performance
7.4.8.3. Product Benchmarking
7.4.8.4. Strategic Initiatives
7.4.9. Bavaria Yachtbau
7.4.9.1. Participant’s Overview
7.4.9.2. Financial Performance
7.4.9.3. Product Benchmarking
7.4.9.4. Strategic Initiatives
7.4.10. Princess Cruise Lines
7.4.10.1. Participant’s Overview
7.4.10.2. Financial Performance
7.4.10.3. Product Benchmarking
7.4.10.4. Strategic Initiatives
