Yacht Market Expected to Reach $18.63 Billion by 2030, Reports MMR

In a recent report published by MMR, the global yacht market, valued at $11.92 billion in 2023, is projected to grow at a compound annual growth rate (CAGR) of 6.58% during the forecast period, reaching $18.63 billion by 2030. This growth is attributed to several key factors reshaping the yacht industry landscape worldwide.

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Yacht Market and Methodology:

The report offers a detailed view of the Yacht Market segments formed by combining various aspects. In addition, the report also discusses key drivers, restraints, potential growth opportunities, and challenges of the market. The report provides a comprehensive overview of the competitive market and in-depth analysis that helps companies identify significant changes in industry practices. The market report also studies the current state of the Yacht industry with projected future growth, technological developments, investment outlook, market economics and financial data. The study provides an in-depth description of each regional market size, growth rates and provides an overall picture. It provides in-depth information on key players in the industry and explains their approach to maintaining and growing Yacht Market share.

Yacht Market Regional Insights:

Yacht Market is segmented into major regions such as North America, South America, Europe, Middle East and Africa, and Asia Pacific. These regions are divided into countries like the United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Rest of Europe, China, India, Japan, Australia, and South Korea.

Yacht Market Segmentation:

by Type

Super Yacht
Flybridge Yacht
Sport Yacht
Long Range Yacht

Based on Type: Due to its high end-user popularity, the super yacht segment is anticipated to increase at the fastest rate of compound annual growth (CAGR) during the projection period. The superyacht section of the global yacht industry is growing as a result of the growing aversion for outdoor leisure activities and the growing appeal of super yachts across a broad range of consumers.

by Propulsion

Sailing Yacht
Motor Yacht

by Yacht Length

Up to 20 Meters
20-50 Meters
Above 50 Meters

According to Length: in 2023, the yacht market share that dominated the 20–50 foot sector was the largest. This is explained by elements like the availability of alternatives, which can also include a ship with wind sailing skills to ensure that it is sailing in the direction of the strongest winds and save fuel. The end users also favor it because of its low maintenance requirements, shallow draft for water anchorage capability, and cheaper mooring costs.

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Table of Content: Yacht Market

Part 01: Executive Summary

Part 02: Scope of the Yacht Market Report

Part 03: Global Yacht Market Landscape

Part 04: Global Yacht Market Sizing

Part 05: Global Yacht Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Yacht Market Key Players:

1. Azimut Benetti S.p.A.
2. Damen Shipyards Group
3. Heesen Group
4. The San Lorenzo S.p.a
5. Sunseeker International
6. Ferretti S.p.A.
7. Princess Yachts Limited
8. Viking Yacht Company
9. Alexander Marine International
10. Christensen Shipyards LLC
11. Lagoon
12. Feadship Holland B.V
13. Baglietto s.p.a
14. Bavaria Yachtbau GmbH
15. Fountaine Pajot
16. Monte Carlo Yachts
17. Greenline yachts

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Key questions answered in the Yacht Market are:

• What is Yacht Market?
• What is the growth rate of the Yacht Market?
• Which is the fastest-growing region in the Yacht Market?
• Which are the factors expected to drive the Yacht Market growth?
• What is the CAGR at which the Yacht Market will grow during the forecast period?
• What growth strategies are the players considering to increase their presence in Yacht?
• What are the upcoming opportunities and trends for the Yacht Market?
• What are the different segments of the Yacht Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Yacht Market?
• What segments are covered in the Yacht Market?
• Who are the key players in the Yacht Market?
• Who are the leading companies and what are their portfolios in Yacht Market?

Key Offerings:

• Past Market Size and Competitive Landscape
• Past Pricing and price curve by region 
• Market Size, Share, Size Forecast by Different Segment
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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