DUBLIN--(BUSINESS WIRE)--The "Yacht Industry - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Yacht Industry Market to Reach $84.7 Billion by 2027

Amid the COVID-19 crisis, the global market for Yacht Industry estimated at US$64.1 Billion in the year 2020, is projected to reach a revised size of US$84.7 Billion by 2027, growing at a CAGR of 4.1% over the period 2020-2027.

The U.S. Market is Estimated at $18.9 Billion, While China is Forecast to Grow at 3.9% CAGR

The Yacht Industry market in the U.S. is estimated at US$18.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$15.1 Billion by the year 2027 trailing a CAGR of 3.9% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 3.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• Yachts: Floating Luxuries and More!
• Key Trends in Yachting Industry - In a Nutshell
• Recent Market Activity
• Yacht Industry to Benefit from the Increasing Wealth of UHNW Individuals
• Yachting: A Leisure Activity for Billionaires
• Increasing Disposable Incomes to Propel Yacht Sales
• Developed Regions: Key Revenue Contributors
• China Evolves into Fastest Growing Market for Yachts
• Yachting Set to Make Substantial Gains in Developing Regions
• Decoding the Yacht Customer in Developing Markets
• Stable Economic Scenario to Aid Market Growth
• Positive Tide in Global Ship & Boat Building Sector Generates Opportunities
• Competitive Scenario
• European Players Dominate the Global Yacht Market
• American Companies Aim to Expand Operations
• Asian Yacht Builders Emerge in the Market
• M&A Activity
• Select M&A Deals in the Global Yacht Market (2014-2017)
• Yacht Industry Competitor Market Share Scenario Worldwide (in %): 2020 & 2029

2. FOCUS ON SELECT PLAYERS

• Azimut Benetti (Italy)
• Baglietto s.p.a (Italy)
• Bavaria Yachtbau GmbH (Germany)
• BENETEAU (France)
• Brunswick Corporation (USA)
• Cheoy Lee Shipyards Limited (Hong Kong)
• Christensen Shipyards Ltd. (USA)
• Dyna Craft Ltd. (Taiwan)
• Feadship (The Netherlands)
• Ferretti S.p.a (Italy)
• FIPA Group (Italy)
• Fr. Lurssen Werft GmbH & Co. KG (Germany)
• Blohm+Voss Shipyards (Germany)
• HanseYachts AG (Germany)
• Horizon Yacht Company (Taiwan)
• Kingship Marine Limited (Hong Kong)
• Oceanco (The Netherlands)
• Overmarine Group (Italy)
• Perini Navi S.p.a (Italy)
• Princess Yachts International Plc (UK)
• Sanlorenzo S.p.a (Italy)
• Shanghai Double Happiness Yacht Co., Ltd (China)
• Sunbird Yacht Co., Ltd. (China)
• Sunrise Yachts (Turkey)
• Sunseeker International (UK)
• Trinity Yachts (USA)
• Yantai CIMC Raffles Shipyard Limited (China)

3. MARKET TRENDS & DRIVERS

• Rising Demand for Superyachts Triggers Stellar Growth
• Steady Growth in Superyacht Sales
• Superyachts: New Orders and Build Projects
• Superyachts Continue to Get Bigger!
• Toys & Accessories Enhance the Entertainment Quotient in Superyachts
• Additional Thrust on Advanced Safety & Security Features
• Luxury Car Brands & Aerospace Companies Foray into Superyacht Vertical
• Popularity of Nautical Tourism Underpins Yacht Market Expansion
• Established Image of Yacht Chartering in Luxury Vacations Fuels Growth
• Yacht Owners Warm up to Chartering
• Yacht Customers Largely Brand Oriented
• Democratization of Luxury: A Key Influencing Factor for Luxury Yachts Market
• Surging Interest in Sailing among Women Opens Up Growth Avenues
• Aging Population - A Barrier to Growth?
• Sailing Yachts for Luxury Yacht Charter Experience
• Motor Yachts Dominate the Scenario
• Solar Yachts: An Ideal Alternative to Diesel Engine-Power Yachts
• Support Yachts Find Favor
• Sports Yachts: The Latest Design Trend
• Straight Line Yachts Find Favor
• Promising Opportunities for Little Ships
• Wave of Innovations & Novel Design Elements Entice New Yacht Buyers
• Hybrid Propulsion Systems
• Hydrofoils Technology
• Nature-Inspired Designs & Colors
• Innovative Eco-Friendly Features
• Design Changes Influence Performance Yachts Market
• Carbon Fiber: Emerging as a Preferred Material for Yachts
• Composites Demand in Boat Building: On the Rise
• Rising Significance of Software in Recreational Maritime Industry
• Marinas Look to Address Shortage of Berths for Megayachts
• Online Marketing Gradually Gains Momentum among Suppliers
• US and European Yacht Brokerage Market - A Synopsis
• Environmental Regulations: An Overview
• MARPOL Regulation 12A
• The Annex VI of MARPOL
• Delay in Adoption of IMO's Stringent Emissions Standards for Yachts
• Ballast Water Convention

4. GLOBAL MARKET PERSPECTIVE

IV. COMPETITION

• Total Companies Profiled: 214

For more information about this report visit https://www.researchandmarkets.com/r/4ua84t

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