Press release
Superyachts Market Development Trends, Competitive Landscape and Key Growth 2028
Superyachts Market
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Companies Profiled in this report includes: AMELS, BLOHM+VOSS, CHRISTENSEN SHIPYARDS LLC, S.P.A., HEESEN YACHTS B.V. FEADSHIP, FINCANTIERI, LURSSEN, NOBISKRUG, OCEANCO, PRINCESS YACHTS LIMITED
MARKET SEGMENTATION
Based on hull, the global Superyachts market is segmented into mono hull, and multi hull
On the basis of size, the market is segmented into up to 25 meters, 26-60 meters, 61-120 meters, and 121-200 meters.
MARKET DYNAMICS
Drivers:
Number of rising high-net worth individuals and popularity of yacht
Swift popularity of luxury yacht trips popular tourist destinations and rental services
Restraints
High cost associated with superyachts.
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IMPACT OF COVID-19 ON SUPERYACHTS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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Contact Person: Sameer Joshi
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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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