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Luxury Yacht Market 2019: Ravishing Growth With Major Industry Factors And Key Players Damen Shipyards Group, Azimut Benetti S.p.A., Feadship, FERRETTI S.P.A., Horizon Yacht USA, Princess Yachts International

10-28-2019 05:45 AM CET | Leisure, Entertainment, Miscellaneous

Press release from: premium market insights

Luxury Yacht Market 2019: Ravishing Growth With Major Industry

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.

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.

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The report presents complete overview of the market, starting from basic it goes into each and every detail. It also provides information on the current situation of the market by analyzing various parameters like Growth rate, latest trends and Opportunity. Latest technological advancement as well as detail segmentation of the market is also mentioned in the report along with major players operating in the market

Key players profiled in the report include 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, and Viking Yacht Company

The global luxury yacht market 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.

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

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.

Purchase this report at:
https://www.premiummarketinsights.com/buy/AMR00015555

Table Of Contents

Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Luxury Yacht Market By Size
Chapter: 5: Luxury Yacht Market By Type
Chapter: 6: Luxury Yacht Market By Material
Chapter 7: Luxury Yacht Market, By Region
Chapter 8: Company Profiles

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Premium Market Insights,
Contact Person: Sameer Joshi
Email: sales@premiummarketinsights.com

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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.

We provide best in classcustomer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider. We also offer enterprise subscriptions which provide significant cost savings to our clients.

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