The global luxury yacht market to grow at a CAGR of 7.01% during the period 2016-2020.
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.
One trend in the market is increasing preference for enhanced technologies to build yachts. Many yacht makers are investing in various technologies to enhance manufacturing processes to build fuel-efficient and advanced boats. Technological advancements include atmosphere sensor technology that includes equipment for detecting carbon monoxide; wireless technology for boat-based internet service, communication, and navigation; and off-boat tracking, monitoring, and control. Yacht makers are also investing in new radical designs to improve the safety and durability of the boat.
According to the report, one driver in the market is increase in tourism and recreational events across the globe. Tourism is a significant contributor to the economic growth, employment opportunities, and social development across the globe. Tourism also plays an important role in the luxury yacht market, wherein commercial or fleet operators form a significant part of the business. Europe has one of the largest and attractive ports for yachts. The Port of Rotterdam in Netherlands is Europe's largest yacht ports, where about 77 yachts are docked for luxury tourists.
- Azimut - Benetti
- ISA Yacht
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Geographical segmentation
Part 07: Market drivers
Part 08: Market challenges
Part 09: Market trends
Part 10: Vendor landscape
Part 11: Key vendor analysis
Part 12: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/lk9s7v/global_luxury