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Global Yacht Market Report 2024

Yacht Global Market Report 2024 – By Type (Super Yacht, Flybridge Yacht, Sport Yacht, Long Range Yacht, Other Types), By Length (Up to 20 Meters, 20-50 Meters, Above 50 Meters), By Propulsion (Motor, Sail) – Market Size, Trends, And Global Forecast 2024-2033

Yacht Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 200 | Published : March 2024 | Delivery Time: 2-3 business days | Format : pdf

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Yacht Market Definition

The yacht refers to large recreational boats with lengths ranging from 35 feet to 160 feet and capable of operating in ocean waters and turbulent seas. It requires a full crew to handle maintenance, navigation, electronics and engineering, repairs and stewards.

The main types of motor and sailing yachts include super yacht, flybridge yacht, sport yacht, long-range yacht, and others. The super yacht refers to large, luxurious, professionally crewed motor or sailing yachts with a load line of 24 meters and above. They are varied based on lengths up to 20 meters, between 20-50 meters, and above 50 meters.

Yacht Market Segmentation

The yacht market covered in this report is segmented –

1) By Type: Super Yacht, Flybridge Yacht, Sport Yacht, Long Range Yacht, Other Types

2) By Length: Up to 20 Meters, 20-50 Meters, Above 50 Meters

3) By Propulsion: Motor, Sail

Global Yacht Market Size 2023 to 2028: Graph

Yacht Market Size 2024 And Growth Rate

The yacht market size has grown strongly in recent years. It will grow from $8.73 billion in 2023 to $9.19 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to the improved earning capacity, the increase in spending on recreational activities and the rising construction of super yachts.

Yacht Market Growth Forecast

The yacht market size is expected to see steady growth in the next few years. It will grow to $10.78 billion in 2028 at a compound annual growth rate (CAGR) of 4.1%. The growth in the forecast period can be attributed to government support, the rising urbanization, the increasing number of high-net-worth individuals and the growing tourism. Major trends in the forecast period include focus on fuel cell technology, collaborations and acquisitions, use of artificial intelligence (ai), product innovations and technology advancement.

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Yacht Market Driver: Rising Demand For Luxury Tourism Catalyzing Growth In The Yacht Market

Growing demand for luxury tourism and sailing is expected to propel the demand for the yacht market. Luxury tourism focuses on offering a high level of comfort and quality, with no stress or hassle. It entails an elevated travel experience with minimal annoyance and maximum convenience. The rapid growth in luxury tourism is expected to boost demand for yachts, as they are a key component of luxury tourism for destinations located on the sea coast. For instance, in 2022, almost 30% of the respondents of a survey agreed that their holiday budgets were higher after COVID and they were looking for luxury travel options. Therefore, the growing demand for luxury tourism and sailing is expected to boost the demand for yachts during the forecast period.

Yacht Market Driver: Tourism Expansion Forecasted To Propel Yacht Market Growth

Growing tourism is expected to contribute to the growth of the yacht market. Growing tourism refers to the increasing trend and expansion of the tourism industry in a particular region or globally. Growing tourism can provide opportunities for the yacht industry to thrive, capitalize on increased demand for yacht-related services, and contribute to the economic development of regions that embrace and promote yachting as part of their tourism offerings. For example, according to the United Nations World Tourism Organization (UNWTO), more than 900 million tourists traveled internationally in 2022 – double the number recorded in 2021, although only 63% of pre-pandemic levels. Forward-looking scenarios for 2023, international tourist arrivals could reach 80% to 95% of pre-pandemic levels this year, depending on the extent of the economic slowdown, the ongoing recovery of travel in Asia and the Pacific and the evolution of the Russian offensive in Ukraine, among other factors. Therefore, growing tourism is expected to positively impact the growth of the yacht market during the forecast period.

Global Yacht Market Major Players

Major companies operating in the yacht market report are Ferretti S.p.A., Sanlorenzo S.p.a., Feadship, Princess Yachts Limited, Fincantieri S.p.A., Fr. Lürssen Werft GmbH & Co.KG, Damen Shipyards Group, Viking Yacht Company, Sunseeker International, Alexander Marine Co. Ltd., Palumbo Group, Shanghai Waigaoqiao Shipbuilding Co. Ltd., Qingdao Captain Marine Co. Ltd., HBM-Huanan Building Materials (Shenzhen) Co. Ltd., COSCO Shipping, Headway Technology Co. Ltd., Star MarinePro Corp Limited, China Shipbuilding Industry Co. Ltd., Azimut Benetti, Christensen Shipyards Ltd, Ferretti, Heesen Yachts, Horizon Yacht, YMCA Yachting, Brunswick Corporation, Ocean Alexander, Quantum Sails, Michael Rybovich & Sons Boatworks, Burger Boat Company, MCP Yachts, Sterling Yachts, Fibrafort, Delta Yachts, Flexboat, Wind, Schaefer Yachts, Alwoplast, Asmar, NEL INGENIERIA, AS Marine, Oryx Yachts, Majesty Yachts, Nomad Yachts, Moonday Yachts, Yerliyurt Marin, Numarine, Robertson & Caine, Falcon Inflatables, Dean Catamarans, Almaroon, De Birs Yachts, Tiger Marine

Global Yacht Market Trend: Innovative Product Developments Driving Yacht Market Advancements

Companies in the yacht market are focusing on product innovations and developing new product solutions to strengthen their position in the market. For example, in April 2022, ISA Yachts, an Italy-based brand of Palumbo Superyachts, launched the new ISA Granturismo 45-meter Aria SF. ISA GT 45 has a steel hull and aluminum superstructure and can accommodate up to 10 guests in five large cabins. ISA Gran Turismo 45 is a superyacht with sharp and sporty exterior lines, marked by a plumb bow, with side arches connecting the three decks and a fin-shaped hard top ascribing a light and slim look to the profile.

Global Yacht Market Trend: Technological Advancements Driving Yacht Industry Evolution

Yacht manufacturers are focusing on new technologies and developing technologically advanced products to strengthen their position in the market. For example, in September 2022, Van Berge Henegouwen (VBH), a Dutch electrical company, launched invisible Technology for superyachts. The first line of technological products has been designed in collaboration with shipyards and interior yacht designers to create intuitive and invisible solutions for owners. The new Invisible Technology product line marks the beginning of a new era for VBH and the yachting industry. The first products include a Magic-UI control panel and two display screen solutions, Blended Screen and VBH Robot Arm.

Yacht Market Merger And Acquisition: Marinemax Inc. Acquires Cruisers Yachts To Expand Product Portfolio And Growth Capacity

In May 2021, MarineMax Inc., a US-based recreational boat dealer company acquired Cruisers Yachts for an undisclosed amount. Through this acquisition, MarineMax intends to ensure that a premium, American-built yacht is available in its product portfolio and provide the selling services via a selected retail network while enhancing the additional growth capacity. Cruisers Yachts is a US-based premium yacht manufacturing company that builds boats ranging from 33 feet to 60 feet.

Regional Analysis For The Global Yacht Market

Europe was the largest region in the yacht market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the yacht market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the yacht market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The yacht market consists of sales of sailing yachts, motor yachts, gulet yachts, and open yachts. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The yacht market research report is one of a series of new reports from The Business Research Company that provides yacht market statistics, including yacht industry global market size, regional shares, competitors with a yacht market share, detailed yacht market segments, market trends and opportunities, and any further data you may need to thrive in the yacht industry. This yacht market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Yacht Report Forecast And Analysis
Report AttributeDetails
Market Size Value In 2024 $9.19 billion
Revenue Forecast In 2033 $10.78 billion
Growth Rate CAGR of 4.1% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Super Yacht, Flybridge Yacht, Sport Yacht, Long Range Yacht, Other Types
2) By Length: Up to 20 Meters, 20-50 Meters, Above 50 Meters
3) By Propulsion: Motor, Sail
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Ferretti S.p.A.; Sanlorenzo S.p.a.; Feadship; Princess Yachts Limited; Fincantieri S.p.A.; Fr. Lürssen Werft GmbH & Co.KG; Damen Shipyards Group; Viking Yacht Company; Sunseeker International; Alexander Marine Co. Ltd.; Palumbo Group; Shanghai Waigaoqiao Shipbuilding Co. Ltd.; Qingdao Captain Marine Co. Ltd.; HBM-Huanan Building Materials (Shenzhen) Co. Ltd.; COSCO Shipping; Headway Technology Co. Ltd.; Star MarinePro Corp Limited; China Shipbuilding Industry Co. Ltd.; Azimut Benetti; Christensen Shipyards Ltd; Ferretti; Heesen Yachts; Horizon Yacht; YMCA Yachting; Brunswick Corporation; Ocean Alexander; Quantum Sails; Michael Rybovich & Sons Boatworks; Burger Boat Company; MCP Yachts; Sterling Yachts; Fibrafort; Delta Yachts; Flexboat; Wind; Schaefer Yachts; Alwoplast; Asmar; NEL INGENIERIA; AS Marine; Oryx Yachts; Majesty Yachts; Nomad Yachts; Moonday Yachts; Yerliyurt Marin; Numarine; Robertson & Caine; Falcon Inflatables; Dean Catamarans; Almaroon; De Birs Yachts; Tiger Marine
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    Table Of Contents

    1. Executive Summary

    2. Yacht Market Characteristics

    3. Yacht Market Trends And Strategies

    4. Yacht Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Yacht Market Size and Growth

    5.1. Global Yacht Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Yacht Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Yacht Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Yacht Market Segmentation

    6.1. Global Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Super Yacht

    Flybridge Yacht

    Sport Yacht

    Long Range Yacht

    Other Types

    6.2. Global Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Up to 20 Meters

    20-50 Meters

    Above 50 Meters

    6.3. Global Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Motor

    Sail

    7. Yacht Market Regional And Country Analysis

    7.1. Global Yacht Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Yacht Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Yacht Market

    8.1. Asia-Pacific Yacht Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Yacht Market

    9.1. China Yacht Market Overview

    9.2. China Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Yacht Market

    10.1. India Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Yacht Market

    11.1. Japan Yacht Market Overview

    11.2. Japan Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Yacht Market

    12.1. Australia Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Yacht Market

    13.1. Indonesia Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Yacht Market

    14.1. South Korea Yacht Market Overview

    14.2. South Korea Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Yacht Market

    15.1. Western Europe Yacht Market Overview

    15.2. Western Europe Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Yacht Market

    16.1. UK Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Yacht Market

    17.1. Germany Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Yacht Market

    18.1. France Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Yacht Market

    19.1. Italy Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Yacht Market

    20.1. Spain Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Yacht Market

    21.1. Eastern Europe Yacht Market Overview

    21.2. Eastern Europe Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Yacht Market

    22.1. Russia Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Yacht Market

    23.1. North America Yacht Market Overview

    23.2. North America Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Yacht Market

    24.1. USA Yacht Market Overview

    24.2. USA Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Yacht Market

    25.1. Canada Yacht Market Overview

    25.2. Canada Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Yacht Market

    26.1. South America Yacht Market Overview

    26.2. South America Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Yacht Market

    27.1. Brazil Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Yacht Market

    28.1. Middle East Yacht Market Overview

    28.2. Middle East Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Yacht Market

    29.1. Africa Yacht Market Overview

    29.2. Africa Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Yacht Market Competitive Landscape And Company Profiles

    30.1. Yacht Market Competitive Landscape

    30.2. Yacht Market Company Profiles

    30.2.1. Ferretti S.p.A.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Sanlorenzo S.p.a.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Feadship

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Princess Yachts Limited

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Fincantieri S.p.A.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Yacht Market Other Major And Innovative Companies

    31.1. Fr. Lürssen Werft GmbH & Co.KG

    31.2. Damen Shipyards Group

    31.3. Viking Yacht Company

    31.4. Sunseeker International

    31.5. Alexander Marine Co. Ltd.

    31.6. Palumbo Group

    31.7. Shanghai Waigaoqiao Shipbuilding Co. Ltd.

    31.8. Qingdao Captain Marine Co. Ltd.

    31.9. HBM-Huanan Building Materials (Shenzhen) Co. Ltd.

    31.10. COSCO Shipping

    31.11. Headway Technology Co. Ltd.

    31.12. Star MarinePro Corp Limited

    31.13. China Shipbuilding Industry Co. Ltd.

    31.14. Azimut Benetti

    31.15. Christensen Shipyards Ltd

    32. Global Yacht Market Competitive Benchmarking

    33. Global Yacht Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Yacht Market

    35. Yacht Market Future Outlook and Potential Analysis

    35.1 Yacht Market In 2028 - Countries Offering Most New Opportunities

    35.2 Yacht Market In 2028 - Segments Offering Most New Opportunities

    35.3 Yacht Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Yacht Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Yacht Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Ferretti S.p.A. Financial Performance
  • Table 75: Sanlorenzo S.p.a. Financial Performance
  • Table 76: Feadship Financial Performance
  • Table 77: Princess Yachts Limited Financial Performance
  • Table 78: Fincantieri S.p.A. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Yacht Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Yacht Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Yacht Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Yacht Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Yacht Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Ferretti S.p.A. Financial Performance
  • Figure 75: Sanlorenzo S.p.a. Financial Performance
  • Figure 76: Feadship Financial Performance
  • Figure 77: Princess Yachts Limited Financial Performance
  • Figure 78: Fincantieri S.p.A. Financial Performance

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Frequently Asked Questions

What is the definition of the yacht market?

The yacht refers to large recreational boats with lengths ranging from 35 feet to 160 feet and capable of operating in ocean waters and turbulent seas. It requires a full crew to handle maintenance, navigation, electronics and engineering, repairs and stewards. For further insights on the yacht market, request a sample here

How will the yacht market drivers and restraints affect the yacht market dynamics? What forces will shape the yacht industry going forward?

The yacht market major growth driver - Rising Demand For Luxury Tourism Catalyzing Growth In The Yacht Market. For further insights on the yacht market, request a sample here

What is the forecast market size or the forecast market value of the yacht market?

The yacht market size has grown strongly in recent years. It will grow from $8.73 billion in 2023 to $9.19 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to the improved earning capacity, the increase in spending on recreational activities and the rising construction of super yachts. The yacht market size is expected to see steady growth in the next few years. It will grow to $10.78 billion in 2028 at a compound annual growth rate (CAGR) of 4.1%. The growth in the forecast period can be attributed to government support, the rising urbanization, the increasing number of high-net-worth individuals and the growing tourism. Major trends in the forecast period include focus on fuel cell technology, collaborations and acquisitions, use of artificial intelligence (ai), product innovations and technology advancement. For further insights on the yacht market, request a sample here

How is the yacht market segmented?

The yacht market is segmented
1) By Type: Super Yacht, Flybridge Yacht, Sport Yacht, Long Range Yacht, Other Types
2) By Length: Up to 20 Meters, 20-50 Meters, Above 50 Meters
3) By Propulsion: Motor, SailFor further insights on the yacht market, request a sample here

Which region has the largest share of the yacht market? What are the other regions covered in the report?

Europe was the largest region in the yacht market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the yacht market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the yacht market, request a sample here.

Who are the major players in the yacht market?

Major companies operating in the yacht market report are Ferretti S.p.A., Sanlorenzo S.p.a., Feadship, Princess Yachts Limited, Fincantieri S.p.A., Fr. Lürssen Werft GmbH & Co.KG, Damen Shipyards Group, Viking Yacht Company, Sunseeker International, Alexander Marine Co. Ltd., Palumbo Group, Shanghai Waigaoqiao Shipbuilding Co. Ltd., Qingdao Captain Marine Co. Ltd., HBM-Huanan Building Materials (Shenzhen) Co. Ltd., COSCO Shipping, Headway Technology Co. Ltd., Star MarinePro Corp Limited, China Shipbuilding Industry Co. Ltd., Azimut Benetti, Christensen Shipyards Ltd, Ferretti, Heesen Yachts, Horizon Yacht, YMCA Yachting, Brunswick Corporation, Ocean Alexander, Quantum Sails, Michael Rybovich & Sons Boatworks, Burger Boat Company, MCP Yachts, Sterling Yachts, Fibrafort, Delta Yachts, Flexboat, Wind, Schaefer Yachts, Alwoplast, Asmar, NEL INGENIERIA, AS Marine, Oryx Yachts, Majesty Yachts, Nomad Yachts, Moonday Yachts, Yerliyurt Marin, Numarine, Robertson & Caine, Falcon Inflatables, Dean Catamarans, Almaroon, De Birs Yachts, Tiger Marine For further insights on the yacht market, request a sample here.

What are the key trends in the yacht market?

Major trend in the yacht market - Innovative Product Developments Driving Yacht Market Advancements. For further insights on the yacht market, request a sample here.

What are the major opportunities in the yacht market? What are the strategies for the yacht market?

For detailed insights on the major opportunities and strategies in the yacht market, request a sample here.

How does the yacht market relate to the overall economy and other similar markets?

For detailed insights on yacht market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the yacht industry?

For detailed insights on the mergers and acquisitions in the yacht industry, request a sample here.

What are the key dynamics influencing the yacht market growth? SWOT analysis of the yacht market.

For detailed insights on the key dynamics influencing the yacht market growth and SWOT analysis of the yacht industry, request a sample here.