Luxury Yacht Market to Witness Huge Growth from 2018-2025 and Focusing on Top Key Players - Alexander Marine , Damen Shipyards Group, Azimut Benetti , Feadship

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 feets and expanding to more than 250 feet. Luxury yachts are often available for chartered providing as well as private purpose to provide seamless luxury experience full of high standard and comfort. Traditionally manufactured using woods, fiber reinforced polymers and composites gain huge popularity in the last few years. Demand for luxury yachts have increased steadily in the last few years. This can be attributed to 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.

Top Companies Covered in this Report:
Alexander Marine , Damen Shipyards Group, Azimut Benetti , Feadship, FERRETTI , Horizon Yacht USA, Princess Yachts International , Sanlorenzo , Sunseeker International Limited, and Viking Yacht Company

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The 75-120 feet segment dominated the overall luxury yacht market share in 2017 and is expected to remain dominant during the forecast period. Improved design, style, comfort, liveability, technological innovations, and performance drive the growth of the global market for 75-120 feet luxury yacht. Furthermore, excellent optimization of both interior and exterior spaces result in high consumer preference toward this segment.

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.

Major Types of Luxury Yacht covered are:
Sailing Luxury Yacht
Motorized Luxury Yacht
Others

By Material
FRP/Composites
Metal/Alloys
Others

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.

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Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Luxury Yacht Market Size
2.2 Luxury Yacht Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Luxury Yacht Market Size by Manufacturers
3.2 Luxury Yacht Key Players Head office and Area Served
3.3 Key Players Luxury Yacht Product/Solution/Service
3.4 Date of Enter into Luxury Yacht Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Luxury Yacht Sales by Product
4.2 Global Luxury Yacht Revenue by Product
4.3 Luxury Yacht Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Luxury Yacht Breakdown Data by End User

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In the last section of the report, the global Luxury Yacht market additionally provides a detailed survey of the key competitors and the leading players in the market, based on the various objectives of an organization such as overview, profiling, product portfolio, the quantity of production, upstream raw material, downstream demand analysis, and the financial status of the organization. These key players have adopted the regional expansion, mergers & acquisitions, product portfolio expansion, partnerships, and collaborations as their key strategies to enhance their infiltration in the Global Luxury Yacht Market.

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