Yacht Charter Market is expected to reach a value higher than US$ 17 Bn by the end of the year of 2027

Future Market Insights (FMI) delivers key insights and presents a revised forecast of the global yacht charter market in its upcoming outlook titled “Yacht Charter Market: Global Industry Analysis (2012–2016) and Opportunity Assessment (2017–2027).” In terms of value, the global yacht charter market is expected to expand at a CAGR of 5.1% during the forecast period due to various factors, which FMI offers vital insights in detail.

Global Yacht Charter Market: Segmentation Analysis

On the basis of yacht type, the global yacht charter market has been segmented into motor yacht and sailing yacht. Motor yacht segment is further sub segmented into Displacement Type, Semi-Displacement, Planing, Catamaran, and Trimaran. Whereas, sailing yacht is sub segmented into sloop, schooner, catamaran, and ketch. Motor yacht segment is estimated to account for the largest share by 2017 end.

This report discusses trends driving growth of each segment and offers analysis and insights of the potential of the global yacht charter market in specific regions that include Caribbean, Mediterranean, Rest of EMEA, Americas and APAC. Among all these regions, the yacht charter market in the Mediterranean has been estimated to dominate the overall market in terms of value. In terms of value, yacht charter market in the region is expected to expand at a CAGR of 4.3% over the forecast period. The market in Mediterranean is expected to remain dominant over the forecast period.

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By consumer type, retail segment is the largest with a high market valuation. It is estimated to reach a value of around US$ 15 Bn by the end of the year of assessment. The corporate segment is poised to grow at a high CAGR throughout the period of forecast.

By yacht size, small (

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This release was published on openPR.