Market Research Engine has published a new report titled as “Yacht Market Size by Type Outlook (Super Yacht, Flybridge Yacht, Sport Yacht, Long Range Yacht), By Yacht Length Outlook (Up to 20 Meters, 20-50 Meters, above 50 Meters), By Propulsion Outlook (Motor Yacht, Sailing Yacht), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2021-2027.”
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.
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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.
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.
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
- Super Yacht
- Flybridge Yacht
- Sport Yacht
- Long Range Yacht
Yacht Market, By Yacht Length Outlook
- Up to 20 Meters
- 20-50 Meters
- Above 50 Meters
Yacht Market, By Propulsion Outlook
- Motor Yacht
- Sailing Yacht
Yacht Market, By Region
- North America
- Rest of the World
Yacht Market, By Company
- Alexander Marine Co Ltd
- Damen Shipyards Group
- Azimut Benetti S.p.A.
- FERRETTI S.P.A.
- Horizon Yacht USA
- Princess Yachts International plc
- Sanlorenzo Spa
- Sunseeker International Limited
- Viking Yacht Company
The report covers:
- Global Yacht Market sizes from 2015 to 2024, along with CAGR for 2021-2027
- Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2027
- Global Yacht Market trends, covering comprehensive range of consumer trends & manufacturer trends
- Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Yacht Market
- Major market opportunities and challenges in forecast timeframe to be focused
- Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
- Comprehensive company profiles of the key industry players
Reasons to Buy this Report:
- Gain detailed insights on the Yacht Market industry trends
- Find complete analysis on the market status
- Identify the Yacht Market opportunities and growth segments
- Analyse competitive dynamics by evaluating business segments & product portfolios
- Facilitate strategy planning and industry dynamics to enhance decision making
Customized report as per the requirement can be offered with appropriate recommendations
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Table of Contents:
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Yacht Market, By Type Outlook
6. Yacht Market, By Yacht Length Outlook
7. Yacht Market, By Propulsion Outlook
8. Competitive Landscape
9. Company Profiles
9.2 Damen Shipyards Group
9.3 Azimut Benetti S.p.A.
9.5 FERRETTI S.P.A.
9.6 Horizon Yacht USA
9.7 Princess Yachts International plc
9.8 Sanlorenzo Spa
9.9 Sunseeker International Limited
9.10 Viking Yacht Company
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