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Superyacht Market
Superyacht Market

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Superyacht Market Statistics 2021 | Industry Analysis

Superyacht Market By Yacht Type (Motor Yacht, Sailing Yacht), By Yacht Size (Below 40 Meters, 40-80 Meters, Above 80 Meters), Industry Analysis, Trends, And Forecast 202021

The demand for superyacht in leisure & entertainment, water sports by rich customers is the major driving factor for superyacht market

Superyacht Market was valued at USD 12018.87 Million in 2018 and is projected to reach around USD 29361.60 Million by 2025, at a CAGR of XX% during the forecast period

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Superyacht Market Key Players:

  • Amels
  • Azimut Benetti
  • Nobiskrug
  • Oceanco Feadship
  • ISA Yachts
  • OVERMARINE Group
  • Christensen Shipyards
  • Fincanteri
  • Blohm+Voss Heensen Yachts
  • Perini Navi
  • Lurssen Sunseeker Yachts
  • Holland Jachtbouw
  • Royal Huisman
  • Moonen Shipyards
  • Mulder Shipyards

Superyachts are like regular yachts but bigger and therefore more expensive. A superyacht also known as luxury yacht or megayacht is a commercially operated professionally crewed sailing or motor yacht that has a loadline length of 24 metres and above. Approximately there are more than 4476 superyachts in the world of which a quarter are available for charter. Sales of these luxury yacht vessels are way up every year, nearly 300 superyachts were sold in 2018 compared to 249 such sold in 2017. Growing ultra-high net worth households, adventure enthusiasts, anticipation of privacy and leisure activities are influencing positive growth of global superyacht market.

Superyacht Market Segmentation

By Yacht Type: motor yacht, sailing yacht, others

By Yacht Size - below 40 meters, 40-80 meters, above 80 meters

By Region:

North America, US, Mexico, Chily, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, South Korea, Japan, India, Southeast Asia, Latin America, Brazil, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa

North America is dominating the superyacht market with largest share and expected to maintain its position in forecast period due to presence of major yacht’s manufacturers, increasing demand of motor superyachts for water sports and leisure activities and presence of super rich families. As of 2018, USA has largest number of superyacht owners which is about 407 yachts. Europe is the second largest in superyacht market with many superyacht ownerships among countries like Russia, Greece and UK due to increasing water sports activity, and marine tourism. As for Asia Pacific, it is the fastest growing region in global superyacht market due to growing economy, rising adoption of high standard of living and growing travel & tourism sector. As for Middle east and African region the market will have moderate growth due to presence of rich countries like Saudi Arabia.

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