The global yacht market size was USD 11.19 billion in 2022 and is expected to register a rapid revenue CAGR of 6.6% during the forecast period. Increasing interest in sustainable yachts, emerging tourism and chartering hubs, and rising focus of manufacturers on building technologically integrated yachts are key factors driving market revenue growth.
The analysis of the markets with regards to the growth trends in each category makes the overall study interesting. When studying the micro markets, the researchers also dig deep into their future prospect and contribution to the Yacht industry. The report on global Yacht market is intended to offer business owners, stakeholders and field marketing executives a broad overview of the business they should be focusing on for the estimated period.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
Alexander Marine Co., Ltd., Azimut Benetti SpA, Cantieri Navali Codecasa Tre S.p.A., WANDA Group, Damen Shipyards Group, Feadship, FINCANTIERI S.p.A., Flensburger Schiffbau Gesellschaft GmbH, Fr. Lurssen Werft GmbH, Heesen Yachts Sales B.V., Horizon Yacht USA, KPS Capital Partners LP, Oceanco SAM, Overmarine Group Spa, Palmer Johnson, Palumbo group spa, Sanlorenzo Spa, THE ITALIAN SEA GROUP S.p.A., Viking Yacht Company, and Westport Yachts
Research Report on the Yacht Market Addresses the Following Key Questions:
- Who are the dominant players of the Yacht market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Yacht market?
- What are the key growth drivers and restraining factors of the Yacht market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Yacht market and its key segments?
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Emergen Research has segmented the global Yacht market on the basis of type, type of care, and region
Segments Covered in this report are:
-
Propulsion Outlook (Revenue, USD Billion; 2019-2032)
- Motor
- Sailing
-
Application Outlook (Revenue, USD Billion; 2019-2032)
- Commercial
- Private
-
Type Outlook (Revenue, USD Billion; 2019-2032)
- Super Yacht
- Flybridge Yacht
- Sport Yacht
- Long Range Yacht
- Cruiser Yacht
- Others
In conclusion, the Yacht Market report is an exhaustive database that will help readers formulate lucrative strategies. The Yacht Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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