Yacht Market Strategic Developments 2023 | Emerging Trends And Growth, Key Drivers Report To 2032

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The Business Research Company's latest "Global Yacht Opportunities And Strategies Market Report - Forecast To 2032" is the most comprehensive report available in market that will help gain a truly global perspective with data and statistics from over 60 geographies analyzed with more than 7500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth and highlights important trends and strategies that can be adopted to beat the competition in the industry

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The global yacht market reached a value of nearly $8,316.7 million in 2022, having grown at a compound annual growth rate (CAGR) of 0.3% since 2017. The market is expected to grow from $8,316.7 million in 2022 to $11,072.8 million in 2027 at a rate of 5.9%. The market is then expected to grow at a CAGR of 4.2% from 2027 and reach $13,631.3 million in 2032.

A yacht refers to large recreational boats with lengths ranging from 35 feet to 160 feet and capable of operating in ocean waters and turbulent seas. A yacht is a vessel propelled by sail or motor, mainly used for leisure activities in recreational and/or commercial operations. It requires a full crew to handle maintenance, navigation, electronics and engineering, repairs and stewarding.

Companies in the yacht market are focusing on fuel cell technology to avoid harmful emissions like nitrogen oxide, sulfur oxide and soot, producing power in a completely carbon-neutral process when measured across the entire life cycle. The fuel cell technology has a long history of providing an efficient, sustainable solution across many varied applications. As well as environmental considerations, an additional benefit of a fuel cell is that it is practically silent compared to a diesel engine, meaning that on-board comfort can be significantly improved.

Yacht Market Segmentation:
By Type: Super Yacht, Flybridge Yacht, Sport Yacht, Long Range Yacht
Some of the key players involved in the Yacht market are Ferretti S.p.A., Sanlorenzo S.p.a., Feadship, Princess Yachts Limited, Fincantieri S.p.A.

The regions covered in the global Yacht market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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A Few Points From The Table Of Content
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
……
18. Competitive Landscape And Company Profiles
19. Key Mergers and Acquisitions
20. Opportunities And Strategies
21. Yacht Market, Conclusions And Recommendations
22. Appendix

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