Luxury Yacht Market to Reach US$ 13.79 Billion by 2030 - Rising Demand, Hybrid Propulsion & Expedition-Style Yachts to Drive Growth - Mordor Intelligence

Introduction

The luxury yacht market is valued at USD 10.12 billion in 2025 and is forecast to reach USD 13.79 billion by 2030, reflecting a compound annual growth rate (CAGR) of 6.39%. This forecast underscores a robust interest in premium maritime experiences, buoyed by increasing numbers of ultra-high-net-worth individuals (UHNWIs), evolving preferences for experiential lifestyle assets, and growing demand for long-range, expedition-style cruising options. As wealthy consumers gravitate toward personalized leisure and privacy on water, the luxury yacht market size is set to grow significantly in the coming years, reshaping where and how affluent buyers invest in maritime assets.

Report Overview: https://www.mordorintelligence.com/industry-reports/luxury-yacht-market?utm_source=openpr

Key Market Trends

Surge in Yacht Tourism and Charter Demand: Post-pandemic travel patterns have accelerated interest in private yacht tourism. Yacht-based vacations offer privacy, exclusivity, and flexible itineraries traits increasingly valued by affluent travellers seeking respite from crowded destinations. At the same time, charter companies are investing in larger, more luxurious vessels to meet growing demand, while remote marinas and private-island buildouts are gaining traction as desirable cruising destinations.

Wealth Growth Among UHNWIs in Emerging Markets: A key growth engine for the luxury yacht market is the rising number of UHNW individuals in emerging markets. As wealth accumulates in regions such as Asia-Pacific, more high-net-worth individuals view yachts not simply as status symbols but as lifestyle and leisure assets. This shift from traditional investments toward experiences is boosting both yacht purchases and demand for modern, bespoke vessels.

Growing Popularity of Expedition-Style Yachts and Hybrid Propulsion: There is increasing interest in expedition or explorer-style yachts vessels capable of extended cruising in remote destinations beyond traditional Mediterranean or Caribbean waters. Buyers drawn to adventure, seclusion and long-distance travel are fueling demand for these vessel types. Simultaneously, environmental awareness and forthcoming emission regulations are pushing yacht builders to adopt hybrid or electric propulsion systems. This trend is reshaping what luxury means on water: combining performance with eco-conscious design.

Rise of Alternative Ownership Models: Fractional Ownership & Charter Clubs: Given the high costs associated with purchasing and maintaining a yacht, fractional-ownership models and charter clubs are emerging as attractive alternatives. These platforms lower the entry barrier for potential owners and provide flexibility for those who prefer access over outright ownership. This trend is expanding the pool of customers and broadening the luxury yacht market share beyond traditional private buyers.

Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights:

https://www.mordorintelligence.com/ja/industry-reports/luxury-yacht-market?utm_source=openpr

Market Segmentation

By Type
-Motor Yacht
-Sailing Yacht
-Hybrid / Electric Yacht
-Catamaran Yacht
-Explorer / Others

By Size
-Up to 20 m
-20 to 40 m
-40 to 60 m
-60 to 80 m
-Above 80 m

By Hull Material
-Fiberglass / Composite
-Aluminum
-Steel
-Carbon Fiber
-Others

By Propulsion System
-Diesel
-Diesel-Electric / Hybrid
-Full Electric
-Hydrogen Fuel Cell (Emerging)

By End-User
-Private Individuals
-Charter Companies
-Corporate and Events
-Fractional-Ownership Clubs
-Government and Naval (VIP)

By Geography
-North America
-South America
-Middle east&Africa
-Asia pacific
-Europe

Explore Our Full Library of Automotive Research Reports
https://www.mordorintelligence.com/market-analysis/automotive?utm_source=openpr

Key Players in the Luxury Yacht Market

Fincantieri Yachts

Feadship

Lürssen Werft

Azimut-Benetti Group

Sanlorenzo

Conclusion

The luxury yacht market is set for steady growth, with market value rising from US$ 10.12 billion in 2025 to an estimated US$ 13.79 billion by 2030. This growth is driven by a growing population of wealthy individuals in emerging markets, increased interest in yacht tourism and chartering, and shifting buyer preferences toward hybrid propulsion, expedition-style yachts, and flexible ownership models.

As carbon-conscious buyers and regulation push the industry toward cleaner propulsion and advanced hull materials, hybrid and carbon-fiber yachts stand to gain prominence. Meanwhile, rising maintenance and operating costs along with supply-chain constraints encourage alternative ownership models like fractional ownership or charter clubs, widening access beyond traditional buyers.

For complete market analysis, please visit the Mordor Intelligence page:

https://www.mordorintelligence.com/industry-reports/luxury-yacht-market?utm_source=openpr

Industry Related Reports

Europe Luxury Yacht Market: The Europe Luxury Yacht Market is analyzed across multiple segments, including yacht type, size, application, and country. By type, the market includes sailing luxury yachts, motorized luxury yachts, and other types. In terms of size, it is categorized into yachts up to 20 meters, 20 to 50 meters, and above 50 meters. The market is also segmented by application, covering both commercial and private uses. Geographically, the report examines key countries such as Germany, the United Kingdom, France, Italy, Spain, Denmark, the Netherlands, Greece, and the rest of Europe. (Source: Mordor Intelligence)

Get more Insights: https://www.mordorintelligence.com/industry-reports/europe-luxury-yacht-market?utm_source=openpr

Asia Pacific Luxury Yacht Market: The Asia Pacific luxury yacht market is analyzed across multiple dimensions, including yacht type, size, application, and country. By type, the market is segmented into sailing luxury yachts, motorized luxury yachts, and other types. In terms of size, it is categorized as yachts up to 20 meters, 20 to 50 meters, and above 50 meters. The market is also segmented by application into commercial and private use. Geographically, the report covers key countries such as China, India, Japan, South Korea, Singapore, and Australia, along with the rest of the Asia Pacific region.

Get more Insights: https://www.mordorintelligence.com/industry-reports/asia-pacific-luxury-yacht-market?utm_source=openpr

United States Luxury Yacht Market: The United States Luxury Yacht Market is projected to grow from USD 4.82 billion in 2025 to USD 7.16 billion by 2030, at a CAGR of 8.25%, driven by rising disposable incomes and increasing interest in marine tourism and recreational boating. Growth is fueled by the popularity of water sports and leisure activities, including sailing, power boating, and yachting. However, high ownership costs and environmental concerns may limit expansion. The rising demand for water adventure experiences continues to positively impact the luxury yacht market.

Get more Insights: https://www.mordorintelligence.com/industry-reports/united-states-luxury-yacht-market?utm_source=openpr

For any inquiries or to access the full report, please contact:

media@mordorintelligence.com
https://www.mordorintelligence.com/

Mordor Intelligence, 11th Floor, Rajapushpa Summit, Nanakramguda Rd, Financial District, Gachibowli, Hyderabad, Telangana - 500032, India

Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.

With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.

This release was published on openPR.