Luxury Yacht Market Report, Share, Size, Growth and Forecast 2025
12 pages
English
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Luxury Yacht Market Report, Share, Size, Growth and Forecast 2025

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Tout savoir sur nos offres
12 pages
English

Description

Get more information about the market: https://www.imarcgroup.com/luxury-yacht-market
A luxury yacht is a crewed sailing vehicle that is primarily used for recreational activities and sports. It can be operated through wind sailing or by a propulsion system, such as an internal combustion engine (ICE) and gas turbine. Luxury yachts are commonly manufactured using various materials, such as steel, aluminum, fiberglass, wood, carbon fiber and treated wood with epoxy resins.
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Publié par
Publié le 07 août 2020
Nombre de lectures 1
Langue English
Poids de l'ouvrage 1 Mo

Exrait

Global Luxury Yacht Market Research Report and Forecast 2025
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Report Edition: 2020 Copyright © IMARC Service Pvt Ltd. All Rights Reserved
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Report Description and Highlights Report Descripti n
Global Luxury Yacht Market Overview:
Luxury yachts are crewed pressure vessels that are used for sports and recreational purposes. Earlier, they were manufactured using wood, but nowadays, they are constructed with the composites of steel, aluminum and plastics as they are lightweight, resistant to corrosion and provide flexibility during the production process. These materials also aid in reducing maintenance costs and enhancing strength while increasing the speed and reducing the fuel consumption of yachts.
Luxury Yacht Market Trends
The luxury yacht markethas been witnessing growth on account of rapid urbanization, inflating disposable incomes and rising yacht tourism trends. However, the market growth is currently hampered due to the rising cases of the coronavirus disease (COVID-19) and lockdowns imposed by governments of numerous countries. This has further led to the restriction of all non-essential activities and the adoption of social distancing measures, which, in turn, is negatively impacting the market growth. On the other hand, the relaxation in lockdown restrictions is anticipated to provide opportunities for manufacturers in the upcoming years. Other factors, such as the rising consumer expenditure on recreational and leisure activities and significant growth in the travel and tourism industry, are also expected to create a positive outlook for the market.
Report Description and Highlights Report Descripti n
157.3 152.0 160146.7 141.4 136.1 130.8 140 125.5 120.2 120 100 80 60 40 In Billion US$ 20 0 2012 2013 2014 2015 2016 2017 2018 2019
180 160.0 160 140 120 100 80 60 40 In Billion US$ 20 0 2020
165.3
2021
170.6
2022
175.9
2023
181.2
2024
186.5
2025
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Report Description and Highlights Report Descripti n
Luxury Yacht Market Segmentation:
Breakup by Type:
Sailing Luxury Yacht Motorized Luxury Yacht Others
Breakup by Size:
75-120 Feet 121-250 Feet Above 250 Feet
Breakup by Material:
FRP/ Composites Metal/ Alloys Others
Report Description and Highlights Report Descripti n
Breakup by Application:
Commercial Private
Breakup by Region:
North America Asia Pacific Europe Latin America Middle East and Africa
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Competitive Landscape:
The competitive landscape of the market has also been examined with some of the key players.
Report Description and Highlights Report Descripti n
Alexander Marine International Azimut - Benetti S.P.A Brunswick Corporation Christensen Shipyards LLC Damen Shipyards Group N.V Feadship Holland B.V Fincantieri S.p.A. (CDP Industria S.p.A.), Heesen Yachts Sales B.V Horizon Yacht USA (Metal Shark Boats) Palumbo Group S.P.A Princess Yachts Limited (LVMH Group) Sanlorenzo S.p.A. Sunseeker International (Wanda Group) Viking Yacht Company
Report Description and Highlights Report Descripti n
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Report Description and Highlights Report Descripti n
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