The Global Luxury Yacht Market: Outlook to 2022 - CAGR to Exceed 10% - ResearchAndMarkets.com

DUBLIN--()--The "Global Luxury Yacht Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global luxury yacht market is projected to register a CAGR of 11.63% during the period 2018-2022.

The report 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 focus of yacht makers on emerging markets. As the European yacht market is witnessing a slowdown due to postponed purchases and declining economic situation, yacht makers are shifting their focus toward emerging markets, such as China and Latin America.

According to the report, one driver in the market is increase in recreational tourism. Tourism is a major economic activity across the globe and is a significant contributor to economic growth, employment, and social development of numerous countries. It also plays a key role in the global luxury yacht market, where commercial yacht operators or fleet operators form a significant part of business.

Further, the report states that one challenge in the market is high cost of operations. Motor luxury yachts have every modern convenience installed onboard, such as ACs, television, navigation aids, radar, echo-sounding, and autopilot. In order to power all these amenities, luxury yachts require a reliable power generating system.

Key Vendors

  • Amels
  • Azimut Benetti
  • Feadship
  • ISA Yachts
  • Overmarine Group

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Propulsion

8. Customer Landscape

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/wtktfh/the_global_luxury?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Maritime

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Maritime