Twin Vee PowerCats (VEEE) Co. announced new industry data projecting sustained expansion in the center console power catamarans market. A 2025 report by DataHorizzon Research, titled “Center Console Power Catamarans Market Size, Growth & Forecast Report – 2033,” forecasts that the global center console power catamarans market is expected to grow from approximately $2.8 billion in 2024 to $4.6 billion by 2033, exhibiting a Compound Annual Growth Rate of 5.7%. DataHorizzon’s findings indicate that twin hull boats are increasing in popularity among recreational boaters, professional anglers, and commercial operators due to their stability, fuel efficiency, and shallow draft capabilities compared to traditional monohull center console boats. Specifically, the report states that the “market has been driven by technological advancements in hull design, propulsion systems, and construction materials, making these vessels more accessible to a broader range of consumers.” Joseph Visconti, CEO, believes that Twin Vee stands out in this landscape thanks to the Company’s decades-long commitment to designing, manufacturing, and marketing high-performance, twin-hull catamarans renowned for their stability, fuel efficiency, and smooth ride. “The market tailwinds for center-console power catamarans have never been this strong. We believe that our innovative designs, expanding dealer network, and developing direct-to-customer manufacturing model give Twin Vee a substantial competitive edge.”
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VEEE:
- Twin Vee PowerCats Elects New Board Members
- Twin Vee PowerCats appoints Carol Craig, Larry Swets to board of directors
- Twin Vee PowerCats provides update on digital strategy
- Twin Vee highlights tax advantages for boat buyers under ‘Big Beautiful Bill’
- Twin Vee PowerCats commences Bahama Boat Works production, deliveries
