Luxury Yacht Market Know The Key Growth Drivers Developments and Innovations

Yachts with length greater than 79 feet are known as luxury yachts. They are mainly used for recreational purposes which are equipped with modern convenience features such as ACs, TV, navigation aids, radar, echo-sounding, autopilot, and reliable power generating systems.
The consumption volume of luxury yacht is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of luxury yacht market might be slightly slow. But it is surely forecasted that the market of luxury yacht is still promising.
The global sales of luxury yacht were 375 in 2015, down from 412 in 2014. And the older book in 2015 was 734 units, stayed almost the same as the year of 2014. The current average sizing trend is in the 100-150 ft category, which is the major market for the average owner. Current trend shows a diminishing preference to 100-149 ft yachts (now 35.15% of GOB), growth in 79-99 ft (38.42%), and a static condition in the 150 ft+ market.
Due to the high technology level and market requirements in the developed countries, the market is currently dominated by a handful of companies that own the core technologies, including Azimut/Benetti, Ferretti Group, Sanlorenzo and so on.

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The global Luxury Yacht market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Luxury Yacht volume and value at global level, regional level and company level. From a global perspective, this report represents overall Luxury Yacht market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
Azimut/Benetti
Ferretti Group
Sanlorenzo
Sunseeker
Feadship
Lrssen
Princess Yachts
Amels / Damen
Heesen Yachts
Horizon
Westport
Oceanco
Trinity Yachts
Fipa Group
Overmarine
Perini Navi
Palmer Johnson
Cerri – Baglietto
Christensen

Read more Professional & Technical industry insights at: https://www.qyresearchreports.com/report/global-luxury-yacht-market-research-report-2019.htm

Segment by Regions
North America
Europe
China
Japan

Segment by Type
Motor Luxury Yachts
Sailing Luxury Yachts

Segment by Application
Private Use
Commercial Use
Special Use

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