tiprankstipranks
The Fly

Brunswick wraps up 2024 Cannes Yachting Festival

Brunswick wraps up 2024 Cannes Yachting Festival

Brunswick Corporation wrapped up another Cannes Yachting Festival market share, new product introductions, and another significant accolade for Brunswick Boat Group. The event featured displays from Sea Ray, Boston Whaler, Navan, Navico Group products, Mercury Marine, and Flite, showcasing the Company’s global customer appeal and collaboration among Brunswick’s divisions. Some of the highlights from the show included:Mercury Marine exhibited more outboard engines than any other manufacturer, capturing over 60% share on boats up to 12 meters and nearly 70% of all outboard engines on display on the water. Additionally, at Port Vieux, where boats exceed 12 meters, Mercury outboards accounted for almost 90% of the outboard engines on display. 2024 is the fourth consecutive year that Mercury has had leading market share at Cannes, driven by high demand from European boat builders and consumers for its high horsepower propulsion systems. During a media event on the first day of the show, Mercury Racing introduced the new 3.4L 150R and 200R outboard engines, built on a V6 platform. Mercury also unveiled a 105hp outboard jet and announced that the 150hp FourStroke is now available in Cold Fusion and Warm Fusion White, in addition to Phantom Black, responding to demand from saltwater boaters. Navico Group products were present on around 70% of all boats at the show while many of Navico’s customers announced new models in Cannes with Navico products installed, including Simrad’s NXT Ultrawide and products from Navico Group’s Mastervolt, Pro Mariner, Lenco, B&G, Marinco, and CZone Mobile brands. One large OEM customer also announced its entry into digital boating solutions with Navico and C-Zone Mobile as its partner. The application offers various features designed to enhance the ownership experience and for boats equipped with the Connect hub. Brunswick Boat Group maintained a strong presence in Cannes with exhibits from Boston Whaler, Sea Ray, and Navan. Sea Ray garnered significant interest, achieving numerous sales in France and earning the “Motorboat of the Year” award for the Sea Ray SPX190 Outboard from French magazine Moteur Bateaux.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Questions or Comments about the article? Write to editor@tipranks.com