More often than not it's justified
The marine market is miniscule compared to mass market...so anything that's ONLY marine costs more to make--it's always cheaper to make 10 million of the same thing than 10,000...for one reason, because materials bought in larger quantities cost less. And for another, R&D, overhead etc cost the same whether you sell 10,000 a year or 10 million. Many things used on boats must be modified for marine use--made more corrosion resistant, spark protected...and even those that don't have to be must be advertised and promoted to the separate marine market. Contrary to popular belief, there's nothing wrong with making a profit. However, when it comes to boats and marine products, profits are small. In fact, the two most popular sayings among boatbuilders and marine product mfrs are:If I'd know the marine business was gonna be this much fun, I'd have brought more moneyandHow do you make a million in the marine business? Start with two million and get out quick!