The Yacht Market is expected to be around US$ 11.92 Billion by 2027 at a CAGR of 5.51% in the given forecast period.
Yacht is a bigship with sails i.e., tensile structure or a motor, cruising,used for pleasure, or racing. There has been growth in quality of life, leisure activities due to growth in per capita income. As people are making better incomes worldwide, they tend to spend their fragment of money more in leisure and maintaining high living standards. Thus, there is also growingpartiality of travellers for luxury tourism, exclusive traveling and, personalized service.The rising preference of travellers for personalized service, luxury tourism, and exclusive traveling are the primary factors propelling the sales of yachts. The producers are concentrating on including luxury features for offering improved performance characteristics and customer experience.Yachts were manufactured using wood and fiber-reinforced polymers. Nevertheless, the use of composites has gained popularity owing to benefits such as corrosion resistance, lower maintenance costs, and better strength to weight characteristics.
The global Yacht Market is segregated on the basis of Type Outlook as Super Yacht, Flybridge Yacht, Sport Yacht, Long Range Yacht, and Others. Based on Yacht Length Outlook the global Yacht Market is segmented in Up to 20 Meters, 20-50 Meters, and Above 50 Meters. Based on Propulsion Outlook the global Yacht Market is segmented in Motor Yacht and Sailing Yacht.
The global Yacht Market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Yacht Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Alexander Marine Co Ltd, Damen Shipyards Group, Azimut Benetti S.p.A., Feadship, FERRETTI S.P.A., Horizon Yacht USA, Princess Yachts International plc, Sanlorenzo Spa, Sunseeker International Limited, Viking Yacht Company, and others are among the major players in the global Yacht Market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Yacht Market has been segmented as below:
Yacht Market, By Type Outlook
Yacht Market, By Yacht Length Outlook
Yacht Market, By Propulsion Outlook
Yacht Market, By Region
Yacht Market, By Company
The report covers:
Report Scope:
The global Yacht Market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Yacht Market share. Major industry players with significant revenue share include Alexander Marine Co Ltd, Damen Shipyards Group, Azimut Benetti S.p.A., Feadship, FERRETTI S.P.A., Horizon Yacht USA, Princess Yachts International plc, Sanlorenzo Spa, Sunseeker International Limited, Viking Yacht Company, and others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
5. Yacht Market, By Type Outlook
5.1. Key Points
5.2. Super Yacht
5.3. Flybridge Yacht
5.4. Sport Yacht
5.5. Long Range Yacht
5.6. Others
6. Yacht Market, By Yacht Length Outlook
6.1. Key Points
6.2. Up to 20 Meters
6.3. 20-50 Meters
6.4. Above 50 Meters
7. Yacht Market, By Propulsion Outlook
7.1. Key Points
7.2. Motor Yacht
7.3. Sailing Yacht
8. Competitive Landscape
8.1. Introduction
8.2. Recent Developments
8.2.1. Mergers & Acquisitions
8.2.2. New Product Developments
8.2.3. Portfolio/Production Capacity Expansions
8.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
8.2.5. Others
9. Company Profiles
9.1 Alexander Marine Co Ltd
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 Damen Shipyards Group
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 Azimut Benetti S.p.A.
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 Feadship
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 FERRETTI S.P.A.
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 Horizon Yacht USA
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 Princess Yachts International plc
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 Sanlorenzo Spa
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 Sunseeker International Limited
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 Viking Yacht Company
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developments
The Yacht Market has been segmented as below:
Yacht Market, By Type Outlook
Yacht Market, By Yacht Length Outlook
Yacht Market, By Propulsion Outlook
Yacht Market, By Region
Yacht Market, By Company
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