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Explore Growing Opportunities in today’s Luxury Yacht Market | Global Analysis and Forecast Report by 2025 with Prominent Players like Alexander Marine, Damen Shipyards Group, Azimut Benetti, Feadship, Horizon Yacht USA, Sanlorenzo Spa,

07-11-2019 10:11 AM CET | Industry, Real Estate & Construction

Press release from: Premium Market Insights

Luxury Yacht Market | Premium Market Insights

Luxury Yacht Market | Premium Market Insights

The luxury yacht market size was valued at $5,703.4 million in 2017 and is expected to reach $10,205.7 million by 2025, registering a CAGR of 7.8% from 2018 to 2025.

Luxury yachts are large, luxurious, professionally crewed motors or sailing yachts with length varying from 75 feet and expanding to more than 250 feet. These are often available for chartered providing as well as private purposes to provide seamless luxury experience full of high standard and comfort. Luxury yachts are vessels 75 feet and above accommodated with sophisticated and luxurious and personalized facilities such as Jacuzzi spa, gymnasium, sauna, and sun pads.

Get PDF sample copy: https://www.premiummarketinsights.com/sample/AMR00015555

Companies Covered in this Report are:
- Alexander Marine Co Ltd
- Damen Shipyards Group
- Azimut Benetti S.p.A.
- Feadship
- FERRETTI S.P.A.
- Horizon Yacht USA
- Princess Yachts International plc
- Sanlorenzo Spa
- Sunseeker International Limited
- Viking Yacht Company

The key factors that drive the growth of the luxury yacht market include change in lifestyle of people fueled by growth in high net worth individuals, rise in inclination toward recreational and leisure activities, and surge in trend of yacht tourism. Moreover, customized solutions according to specific requirements and designs have created new opportunities for the growth of the luxury yacht market. However, factors such as high maintenance and running cost are expected to impede the market growth. Furthermore, novel innovations such as advanced composites and multihull yachts have gained huge traction in the recent years, which in turn are anticipated to create lucrative opportunities for the market expansion in the upcoming future.

The global luxury yacht industry is segmented based on size, type, and material. Based on size, the luxury yacht market is segmented into 75-120 feet, 121-250 feet, and above 250 feet. Based on type, the market is divided into sailing luxury yacht, motorized luxury yacht and others. Based on material, the market is analyzed across FRP/composites, metal/alloys and others. Based on region, it is studied across Americas, Europe, Asia-Pacific, and Middle East & Africa.

KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive analysis of the current and emerging market trends and opportunities in the global luxury yacht market.
- The report provides detailed qualitative and quantitative analysis of current trends and future estimations that help evaluate the prevailing market opportunities.
- A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.
- An extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
- The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.

To Purchase This report details at: https://www.premiummarketinsights.com/buy/AMR00015555

KEY MARKET SEGMENTS
By Size
- 75-120 feet
- 121-250 feet
- Above 250 feet

By Type
- Sailing Luxury Yacht
- Motorized Luxury Yacht
- Others

By Material
- FRP/Composites
- Metal/Alloys
- Others

By Region
- Americas
o U.S.
o Brazil
o Rest of Americas
- Europe
o Italy
o Netherland
o United Kingdom
o Rest of Europe
- Asia-Pacific
o Australia & New Zealand
o China
o Taiwan
- Middle East & Africa
o Qatar
o South Africa
o Turkey
o UAE

Contact Us:
Name: Sameer Joshi
Organization: Premium Market Insights
Email: sales@premiummarketinsights.com
Phone: +1-646-491-9876

About Premium Market Insights:
Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.
The market research industry has changed in last decade. As corporate focus has shifted to niche markets and emerging countries, a number of publishers have stepped in to fulfil these information needs. We have experienced and trained staff that helps you navigate different options and lets you choose best research solution at most effective cost.

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