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Global Luxury Yacht Market Shares, Trends, Current Uses, Future Challenges Growing At CAGR of 7.01% Over 2016-2020 rising luxury tourism and recreational events

Press Release   •   Jan 02, 2017 05:52 EST

The report analyzes and presents an overview on "Global Luxury Yacht Market 2016-2020" worldwide.

Luxury yachts include modern convenience features such as air conditioners (ACs), televisions, navigation aids, radars, echo-sounding systems, autopilot facility, and power-generating system. The market is driven by several factors, including rising luxury tourism and recreational events. Yachts are often an extension of a status symbol for the HNWI population. This is because they fall into the ultra-luxury goods category along with luxury cars, watches, and jewelry.

Technavios analysts forecast the global luxury yacht market to grow at a CAGR of 7.01% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global luxury yacht market for 2016-2020. To calculate the market size, the report includes the major drivers that are influencing the growth of the luxury yacht market.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Technavio's report, Global Luxury Yacht Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

AMELS
Azimut | Benetti
Feadship
ISA Yacht
Overmarine Group

Other prominent vendors

Abeking & Rasmussen
Anastassiades & Tsortanides
Arcadia Yachts
Astondoa
Austral Yachts
Bilgin
Bloemsma Van Breemen
Cammenga
Canados
Cantiere delle Marche
Cantieri di Pisa
Castagnola
Chediek
CNB
Corsair Marine
Couach Yachts
CRN
Danish Yachts
De Schepper
Derecktor
Falcon Yachts
Ferretti Group
Fitzroy Yachts
Geta Corp
Green Marine
Ter Haak Group
Hakvoort
Heesen Yachts
Holland Jachtbouw
Horizon
ICON Yachts
Inace
Intermarine
Johnson Yachts
Kvaerner
Lloyd's Ship
Lrssen
MAG
Mengi-Yay
Mondo Marine
Nautor's Swan
Neta Marine
Ortona Navi
Oyster
Palmer Johnson
Palumbo
Per Mare
Perini Navi
Pershing
Posillipo
Princess
Riva
Rossi Navi
Royal Huisman
Sanlorenzo
Southern Wind
Sterling
Steve Ward
Tecnomar
Trumpy
Van Dam Nordia
Vitters
Warren Yachts
Witsen & Vis

Market driver

Increase in tourism and recreational events across the globe.
For a full, detailed list, view our report

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Market challenge

Motor luxury yachts have high operational costs.
For a full, detailed list, view our report

Market trend

Increasing preference for enhanced technologies to build yachts.
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

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