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Luxury Yacht Market Report 2021 - Global Industry Trends, Share, Size, Growth, Opportunity and Forecast to 2026 - ResearchAndMarkets.com

The "Luxury Yacht Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

The global luxury yacht market exhibited moderate growth during 2015-2020. Looking forward, the analyst expects the global luxury yacht market to grow at a CAGR of 8.3% during 2021-2026.

Global Luxury Yacht Market Trends and Drivers

Rapid urbanization, along with significant growth in the recreational tourism sector, is one of the key factors creating a positive outlook for the market. Furthermore, the emerging trend of remote explorations is also providing a boost to the market growth.

There is an increasing preference for leisure, sports activities and luxurious experiences by individuals across the globe. Luxury yachts are provided on lease by yacht fleet operators for organizing business meetings, recreational activities and events.

Additionally, the utilization of advanced structural materials, such as fiberglass, and the development of customized solutions according to specific requirements and designs, are also contributing to the market growth. Other factors, including rising expenditure capacity of the consumers, along with the utilization of alternative fuels in the marine industry, are expected to drive the market further.

Key Questions Answered in This Report

  • How has the global luxury yacht market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What has been the impact of COVID-19 on the global luxury yacht market?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the size?
  • What is the breakup of the market based on the material?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global luxury yacht market and who are the key players?
  • What is the degree of competition in the industry?

Competitive Landscape

The report has also analysed the competitive landscape of the market with some of the key players being

  • 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
  • Palumbo Group S.P.A
  • Princess Yachts Limited
  • Sanlorenzo S.p.A.
  • Sunseeker International (Wanda Group)
  • Viking Yacht Company

Key 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

Breakup by Application

  • Commercial
  • Private

Breakup by Region

  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

For more information about this report visit https://www.researchandmarkets.com/r/9rxt91

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