The Yacht Market is projected to grow from its 2022 valuation of US$ 11.19 billion to US$ 17.48 billion by 2029. The yacht market is anticipated to expand over the projected period at a CAGR of 6.58%.

A yacht is a motorized or sailing vessel intended for racing, cruising, or leisure. There are several sorts of yachts, such as motor yachts, sailing yachts, catamarans, and superyachts. Yacht sales are a fascinating and diverse industry that have seen a number of changes and movements in recent years. With its range of luxurious superyachts to more affordable recreational boats, the yacht industry is a representation of extravagance and pleasure. The market offers a wide variety of products and services to meet the needs of various customer groups. According to the study, the industry has grown quickly over the years, mostly due to people becoming more interested in yachting as a recreational activity. 

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Yacht Market Key Players

1. Azimut Benetti S.p.A. 2. Damen Shipyards Group 3. Heesen Group 4. The San Lorenzo S.p.a 5. Sunseeker International 6. Ferretti S.p.A. 7. Princess Yachts Limited 8. Viking Yacht Company 9. Alexander Marine International 10. Christensen Shipyards LLC 11. Lagoon 12. Feadship Holland B.V 13. Baglietto s.p.a 14. Bavaria Yachtbau GmbH 15. Fountaine Pajot 16. Monte Carlo Yachts 17. Greenline yachts

Yacht Market Segmentation

Based on Type: Due to its high end-user appeal, the super yacht category is anticipated to increase at the fastest rate of compound annual growth (CAGR) throughout the projection period. The superyacht section of the global yacht industry is growing as a result of the growing aversion for outdoor leisure activities and the growing appeal of super yachts across a broad range of consumers.

by Type

Super Yacht
Flybridge Yacht
Sport Yacht
Long Range Yacht

by Propulsion

Sailing Yacht
Motor Yacht

by Yacht Length

Up to 20 Meters
20-50 Meters
Above 50 Meters

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Yacht Market Report Scope

The Yacht market has been analyzed at the global, regional, and country levels, including a segment-wise and region-wise analysis. The report provides a detailed analysis of the Yacht market dynamics, including drivers, restraints, challenges, and opportunities. This makes the report a valuable resource for investors. The competitive landscape includes information on mergers, acquisitions, collaborations, and joint ventures in the Yacht industry. A bottom-up approach has been used to estimate the Yacht market size. Key players in the Yacht market have been identified through secondary research, and their revenues have been determined through primary and secondary research. Secondary research involved a review of annual and financial reports of leading manufacturers. Primary research involved interviews with important opinion leaders and Yacht industry experts, such as skilled front-line personnel, entrepreneurs, and marketing professionals. SWOT analysis was used to provide insights into the strengths, weaknesses, opportunities, and threats of the Yacht key players in the industry.

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Yacht Market Regional Analysis

This section of the report discusses the government initiatives in each region that are contributing to the growth of the global Yacht market. The Yacht market report also includes a geographic overview of the market, market size and share, as well as in-depth research into the business ecosystem, opportunities, and news updates. The report covers all regions: North America, Europe, Asia Pacific, South America, and Middle East and Africa.

Key Questions answered in the Yacht Market Report are:

• What is the forecast period of the Yacht Market report?

• What is Yacht?

• What are the Yacht market segments?

• Which segment held the largest Yacht market share in 2022?

• What is the expected CAGR of the Yacht market during the forecast period?
• What are the opportunities for the Yacht Market?
• What are the factors restraining the Yacht market growth?
• Which region held the largest Yacht market share in 2022?
• Which region is expected to grow at a high rate during the forecast period?

Key offerings:

• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2023−2029
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation – A detailed analysis of segments and sub-segments
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
• Competitive landscape – Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis 
• PORTER’s analysis 
• Value chain and supply chain analysis 
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis 
• Recommendations 

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