Yacht Market Size, Share & Trends Analysis Report By Type (Super Yacht, Flybridge Yacht, Sport Yacht, Long Range Yacht), By Length (Up To 20 Meters, 20 To 50 Meters, Above 50 Meters), By Region, And Segment Forecasts, 2022

The global yacht market size is expected to reach USD 13.56 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.4% from 2022 to 2030. The market is expected to witness significant growth owing to the increasing coastal and marine tourism activities across the globe. Furthermore, the rising standard of living and growing corporate tourism activities globally are expected to further drive the market.

The sports segment is expected to exhibit high growth owing to its use in personal activities as well as sporting events. The increasing number of recreational sporting events, yacht trade shows, and events organized by OEMs are supporting the growth of the market in developed regions such as North America and Europe. A significant increase in the number of people participating year-on-year in marine recreational activities is also expected to further boost the market growth in these regions. Moreover, rising marine tourism and the growing population of high-net-worth individuals are also likely to contribute to the growth of the regional markets.

According to the World Bank, HNWI accounts for less than 1% of the world's total population and more than 40% of the world's total wealth. The growing HNWI population is driving the spending on leisure activities, including yacht travels. The demand for modern leisure yachts is particularly growing as it provides a connected experience while cruising, fishing, and so on.

The increasing adoption rate of yachts has compelled manufacturers to invest in research and development on building yachts using high-strength composite material for physical structures. Significant amounts of R&D budgets are also assigned for the integration of technologies such as IoT that enable the exchange of information through a single network. Furthermore, the digitalization of propulsion systems has also significantly increased the efficiency of yachts, thus reducing fuel consumption.

Yacht Market Report Highlights:

The market for yachts is anticipated to experience substantial expansion at a CAGR of 5.4% during the forecast period, on account of the growing emphasis on marine tourism

The sports yacht segment is anticipated to register a higher CAGR during the forecast period, owing to its increasing adoption in personal as well as sports applications

The 20-to-50-meter length segment is expected to witness high growth in the coming years, owing to the low operational cost, maintenance, and fuel consumption of yachts of this length size.

Asia Pacific is anticipated to register a higher CAGR during the projection period, owing to the various initiatives undertaken by regional governments to boost marine tourism and the rising disposable income of individuals

The novel coronavirus severely impacted the yacht industry during the initial months of the pandemic, as governments imposed strict lockdowns across various regions globally

Product Code: GVR-3-68038-586-1

Table Of Contents

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
1.4. Information Analysis
- 1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segmental Outlook

Chapter 3. Market Variable, Trends & Scope

3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related/ Ancillary Market Outlook
3.2. Yacht Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Market Opportunity Analysis
3.3. Penetration & Growth Prospect Mapping
3.4. Yacht Market Industry Analysis - Value Chain
3.5. Yacht Market Industry Analysis - Porter's Five Forces
- 3.5.1. Supplier Power
- 3.5.2. Buyer Power
- 3.5.3. Substitution Threat
- 3.5.4. Threat of New Entrants
- 3.5.5. Competitive Rivalry
3.6. Yacht Market Industry Analysis - PEST
- 3.6.1. Political & Legal Landscape
- 3.6.2. Environmental Landscape
- 3.6.3. Social Landscape
- 3.6.4. Technology Landscape

Chapter 4. Yacht Market: Type Outlook

4.1. Yacht Market: Type Analysis
- 4.1.1. Super Yacht
- 4.1.2. Flybridge Yacht
- 4.1.3. Sport Yacht
- 4.1.4. Long Range Yacht
- 4.1.5. Others

Chapter 5. Yacht Market: Yacht Length Outlook

5.1. Yacht Market: Yacht Length Analysis
- 5.1.1. Up to 20 meters
- 5.1.2. 20 - 50 meters
- 5.1.3. Above 50 meters

Chapter 6. Yacht Market: Type Outlook

6.1. Yacht Market: Type Analysis
- 6.1.1. Motor Yacht
- 6.1.2. Sailing Yacht

Chapter 7. Yacht Market: Regional Outlook

7.1. Yacht Market Share By Region, 2021 & 2030
7.2. North America
- 7.2.1. U.S.
- 7.2.2. Canada
7.3. Europe
- 7.3.1. U.K.
- 7.3.2. Germany
- 7.3.3. France
7.4. Asia Pacific
- 7.4.1. China
- 7.4.2. India
- 7.4.3. Japan
7.5. Latin America
- 7.5.1. Brazil
- 7.5.2. Mexico
7.6. Middle East & Africa

Chapter 8. Competitive Analysis

8.1. Recent Developments & Impact Analysis, by Key Market Participants
8.2. Company/ Competition Categorization (Key Innovators, Market Leaders, Emerging Players)
8.3. Vendor Landscape
- 8.3.1. Key Company Analysis, 2021
- 8.3.2. Company Market Position Analysis
- 8.3.3. Competitive Dashboard Analysis

Chapter 9. Competitive Landscape

9.1. Azimut Benetti Group
- 9.1.1. Company overview
- 9.1.2. Financial Performance
- 9.1.3. Product benchmarking
- 9.1.4. Recent developments
9.2. Damen Shipyards Group
- 9.2.1. Company overview
- 9.2.2. Financial Performance
- 9.2.3. Product benchmarking
- 9.2.4. Recent developments
9.3. Heesen Group
- 9.3.1. Company overview
- 9.3.2. Financial Performance
- 9.3.3. Product benchmarking
- 9.3.4. Recent developments
9.4. The San Lorenzo S.p.a
- 9.4.1. Company overview
- 9.4.2. Financial performance
- 9.4.3. Product benchmarking
- 9.4.4. Recent developments
9.5. Sunseeker International
- 9.5.1. Company overview
- 9.5.2. Financial Performance
- 9.5.3. Product benchmarking
- 9.5.4. Recent developments
9.6. Ferretti S.p.A.
- 9.6.1. Company overview
- 9.6.2. Financial Performance
- 9.6.3. Product benchmarking
- 9.6.4. Recent developments
9.7. Alexander Marine International Co., Ltd. (AMI)
- 9.7.1. Company overview
- 9.7.2. Financial Performance
- 9.7.3. Product benchmarking
- 9.7.4. Recent developments
9.8. Princess Yachts Limited
- 9.8.1. Company overview
- 9.8.2. Financial Performance
- 9.8.3. Product benchmarking
- 9.8.4. Recent developments
9.9. Viking Yacht Company
- 9.9.1. Company overview
- 9.9.2. Financial Performance
- 9.9.3. Product benchmarking
- 9.9.4. Recent developments

Product Code: GVR-3-68038-586-1

List of Tables

Table 1 List of abbreviations
Table 2 Yacht market - Industry snapshot & key buying criteria, 2017 - 2030
Table 3 Yacht market, 2017 - 2030 (USD Million)
Table 4 Yacht market, by region, 2017 - 2030 (USD Million)
Table 5 Yacht market, by type, 2017 - 2030 (USD Million)
Table 6 Yacht market, by yacht length, 2017 - 2030 (USD Million)
Table 7 Yacht Market, by propulsion, 2017 - 2030 (USD Million)
Table 8 Super yacht market, 2017 - 2030 (USD Million)
Table 9 Super yacht market, by region, 2017 - 2030 (USD Million)
Table 10 Flybridge yacht market, 2017 - 2030 (USD Million)
Table 11 Flybridge yacht market, by region, 2017 - 2030 (USD Million)
Table 12 Sport yacht market, 2017 - 2030 (USD Million)
Table 13 Sport yacht market, by region, 2017 - 2030 (USD Million)
Table 14 Long-range yacht market, 2017 - 2030 (USD Million)
Table 15 Long-range yacht market, by region, 2017 - 2030 (USD Million)
Table 16 Other yacht market, 2017 - 2030 (USD Million)
Table 17 Other yacht market, by region, 2017 - 2030 (USD Million)
Table 18 Up to 20 meters yacht market, 2017 - 2030 (USD Million)
Table 19 Up to 20 meters yacht market, by region, 2017 - 2030 (USD Million)
Table 20 20 to 50 meters yacht market, 2017 - 2030 (USD Million)
Table 21 20 to 50 meters yacht market, by region, 2017 - 2030 (USD Million)
Table 22 Above 50 meters yacht market, 2017 - 2030 (USD Million)
Table 23 Above 50 meters yacht market, by region, 2017 - 2030 (USD Million)
Table 24 Motor yacht market, 2017 - 2030 (USD Million)
Table 25 Motor yacht market, by region, 2017 - 2030 (USD Million)
Table 26 Sailing yacht market, 2017 - 2030 (USD Million)
Table 27 Sailing yacht market, by region, 2017 - 2030 (USD Million)
Table 28 North America yacht market, 2017 - 2030 (USD Million)
Table 29 North America yacht market, by type, 2017 - 2030 (USD Million)
Table 30 North America yacht market, by yacht length, 2017 - 2030 (USD Million)
Table 31 North America yacht market, by propulsion, 2017 - 2030 (USD Million)
Table 32 U.S. yacht market, 2017 - 2030 (USD Million)
Table 33 U.S. yacht market, by type, 2017 - 2030 (USD Million)
Table 34 U.S. yacht market, by yacht length, 2017 - 2030 (USD Million)
Table 35 U.S. yacht market, by propulsion, 2017 - 2030 (USD Million)
Table 36 Canada yacht market, 2017 - 2030 (USD Million)
Table 37 Canada yacht market, by type, 2017 - 2030 (USD Million)
Table 38 Canada yacht market, by yacht length, 2017 - 2030 (USD Million)
Table 39 Canada yacht market, by propulsion, 2017 - 2030 (USD Million)
Table 40 Europe yacht market, 2017 - 2030 (USD Million)
Table 41 Europe yacht market, by type, 2017 - 2030 (USD Million)
Table 42 Europe yacht market, by yacht length, 2017 - 2030 (USD Million)
Table 43 Europe yacht market, by propulsion, 2017 - 2030 (USD Million)
Table 44 U.K. yacht market, 2017 - 2030 (USD Million)
Table 45 U.K. yacht market, by type, 2017 - 2030 (USD Million)
Table 46 U.K. yacht market, by yacht length, 2017 - 2030 (USD Million)
Table 47 U.K. yacht market, by propulsion, 2017 - 2030 (USD Million)
Table 48 Germany yacht market, 2017 - 2030 (USD Million)
Table 49 Germany yacht market, by type, 2017 - 2030 (USD Million)
Table 50 Germany yacht market, by yacht length, 2017 - 2030 (USD Million)
Table 51 Germany yacht market, by propulsion, 2017 - 2030 (USD Million)
Table 52 France yacht market, 2017 - 2030 (USD Million)
Table 53 France yacht market, by type, 2017 - 2030 (USD Million)
Table 54 France yacht market, by yacht length, 2017 - 2030 (USD Million)
Table 55 France yacht market, by propulsion, 2017 - 2030 (USD Million)
Table 56 Asia Pacific yacht market, 2017 - 2030 (USD Million)
Table 57 Asia Pacific yacht market, by type, 2017 - 2030 (USD Million)
Table 58 Asia Pacific yacht market, by yacht length, 2017 - 2030 (USD Million)
Table 59 Asia Pacific yacht market, by propulsion, 2017 - 2030 (USD Million)
Table 60 China yacht market, 2017 - 2030 (USD Million)
Table 61 China yacht market, by type, 2017 - 2030 (USD Million)
Table 62 China yacht market, by yacht length, 2017 - 2030 (USD Million)
Table 63 China yacht market, by propulsion, 2017 - 2030 (USD Million)
Table 64 India yacht market, 2017 - 2030 (USD Million)
Table 65 India yacht market, by type, 2017 - 2030 (USD Million)
Table 66 India yacht market, by yacht length, 2017 - 2030 (USD Million)
Table 67 India yacht market, by propulsion, 2017 - 2030 (USD Million)
Table 68 Japan yacht market, 2017 - 2030 (USD Million)
Table 69 Japan yacht market, by type, 2017 - 2030 (USD Million)
Table 70 Japan yacht market, by yacht length, 2017 - 2030 (USD Million)
Table 71 Japan yacht market, by propulsion, 2017 - 2030 (USD Million)
Table 72 Latin America yacht market, 2017 - 2030 (USD Million)
Table 73 Latin America yacht market, by type, 2017 - 2030 (USD Million)
Table 74 Latin America yacht market, by yacht length, 2017 - 2030 (USD Million)
Table 75 Latin America yacht market, by propulsion, 2017 - 2030 (USD Million)
Table 76 Brazil yacht market, 2017 - 2030 (USD Million)
Table 77 Brazil yacht market, by type, 2017 - 2030 (USD Million)
Table 78 Brazil yacht market, by yacht length, 2017 - 2030 (USD Million)
Table 79 Brazil yacht market, by propulsion, 2017 - 2030 (USD Million)
Table 80 Mexico yacht market, 2017 - 2030 (USD Million)
Table 81 Mexico yacht market, by type, 2017 - 2030 (USD Million)
Table 82 Mexico yacht market, by yacht length, 2017 - 2030 (USD Million)
Table 83 Mexico yacht market, by propulsion, 2017 - 2030 (USD Million)
Table 84 MEA yacht market, 2017 - 2030 (USD Million)
Table 85 MEA yacht market, by type, 2017 - 2030 (USD Million)
Table 86 MEA yacht market, by yacht length, 2017 - 2030 (USD Million)
Table 87 MEA yacht market, by propulsion, 2017 - 2030 (USD Million)

List of Figures

Fig. 1 Market segmentation & scope
Fig. 2 Yacht market size (Revenue in USD Million), 2017 - 2030
Fig. 3 Leisure boat market - Value chain analysis
Fig. 4 Market dynamics
Fig. 5 Market driver analysis
Fig. 6 Market restraint/challenge analysis
Fig. 7 Market opportunity analysis
Fig. 8 Penetration & growth prospect mapping
Fig. 9 Porter's five forces analysis
Fig. 10 Yacht market - PEST analysis
Fig. 11 Yacht market: Type outlook, 2021 & 2030
Fig. 12 Yacht market: Yacht Length outlook, 2021 & 2030
Fig. 13 Yacht market: Propulsion outlook, 2021 & 2030
Fig. 14 Yacht market: Global Shipments, 2017 - 2030
Fig. 15 Yacht market: Regional outlook, 2021 & 2030

Yacht Market Size, Share & Trends Analysis Report By Type (Super Yacht, Flybridge Yacht, Sport Yacht, Long Range Yacht), By Length (Up To 20 Meters, 20 To 50 Meters, Above 50 Meters), By Region, And Segment Forecasts, 2022 - 2030

Description

Table of Contents

List of Tables

Yacht Market Growth & Trends:

Yacht Market Report Highlights:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Market Variable, Trends & Scope

Chapter 4. Yacht Market: Type Outlook

Chapter 5. Yacht Market: Yacht Length Outlook

Chapter 6. Yacht Market: Type Outlook

Chapter 7. Yacht Market: Regional Outlook

Chapter 8. Competitive Analysis

Chapter 9. Competitive Landscape

List of Tables

List of Figures