Product Code: MCP-7997
Yacht Industry market worldwide is projected to grow by US$21.8 Billion, driven by a compounded growth of 4.4%. Yacht Industry, one of the segments analyzed and sized in this study, displays the potential to grow at over 4.4%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$83.2 Billion by the year 2025, Yacht Industry will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 5.3% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$1.1 Billion to the region's size and clout in the next 5 to 6 years. Over US$1 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, Yacht Industry will reach a market size of US$5.9 Billion by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 4.2% over the next couple of years and add approximately US$3.7 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others,
- Amels Holland
- Azimut Benetti
- Baglietto s.p.a
- Bavaria Yachtbau GmbH
- BENETEAU
- Blohm+Voss Shipyards
- Brunswick Corporation
- Cheoy Lee Shipyards Limited
- Christensen Shipyards Ltd.
- Dyna Craft Ltd.
- Feadship
- Ferretti S.p.a
- FIPA Group
- Fr. Lurssen Werft GmbH & Co. KG
- HanseYachts AG
- Heesen Yachts
- Horizon Yacht Company
- ICON Yachts BV
- Kingship Marine Limited
- O Yachts
- Oceanco
- Overmarine Group
- Perini Navi S.p.a
- Princess Yachts International Plc
- Sanlorenzo S.p.a
- Shanghai Double Happiness Yacht Co. Ltd
- Sunbird Yacht Co., Ltd.
- Sunrise Yachts
- Sunseeker International
- Trinity Yachts
- Yantai CIMC Raffles Shipyard Limited
TABLE OF CONTENTS
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- 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
- Global Competitor Market Shares
- Yacht Industry Competitor Market Share Scenario Worldwide (in %): 2020 & 2025
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
- TABLE 1: Yacht Industry Global Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025
- TABLE 2: Yacht Industry Global Retrospective Market Scenario in US$ Million by Region/Country: 2009-2017
- TABLE 3: Yacht Industry Market Share Shift across Key Geographies Worldwide: 2009 VS 2019 VS 2025
III. MARKET ANALYSIS
- GEOGRAPHIC MARKET ANALYSIS
- UNITED STATES
- Market Facts & Figures
- Market Analytics
- TABLE 4: United States Yacht Industry Market Estimates and Projections in US$ Million: 2018 to 2025
- TABLE 5: Yacht Industry Market in the United States: A Historic Review in US$ Million for 2009-2017
- CANADA
- TABLE 6: Canadian Yacht Industry Market Estimates and Forecasts in US$ Million: 2018 to 2025
- TABLE 7: Canadian Yacht Industry Historic Market Review in US$ Million: 2009-2017
- JAPAN
- TABLE 8: Japanese Market for Yacht Industry: Annual Sales Estimates and Projections in US$ Million for the Period 2018-2025
- TABLE 9: Yacht Industry Market in Japan: Historic Sales Analysis in US$ Million for the Period 2009-2017
- CHINA
- TABLE 10: Chinese Yacht Industry Market Growth Prospects in US$ Million for the Period 2018-2025
- TABLE 11: Yacht Industry Historic Market Analysis in China in US$ Million: 2009-2017
- EUROPE
- Market Facts & Figures
- Market Analytics
- TABLE 12: European Yacht Industry Market Demand Scenario in US$ Million by Region/Country: 2018-2025
- TABLE 13: Yacht Industry Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2009-2017
- TABLE 14: European Yacht Industry Market Share Shift by Region/Country: 2009 VS 2019 VS 2025
- FRANCE
- TABLE 15: Yacht Industry Market in France: Estimates and Projections in US$ Million for the Period 2018-2025
- TABLE 16: French Yacht Industry Historic Market Scenario in US$ Million: 2009-2017
- GERMANY
- TABLE 17: Yacht Industry Market in Germany: Recent Past, Current and Future Analysis in US$ Million for the Period 2018-2025
- TABLE 18: German Yacht Industry Historic Market Analysis in US$ Million: 2009-2017
- ITALY
- TABLE 19: Italian Yacht Industry Market Growth Prospects in US$ Million for the Period 2018-2025
- TABLE 20: Yacht Industry Historic Market Analysis in Italy in US$ Million: 2009-2017
- UNITED KINGDOM
- TABLE 21: United Kingdom Market for Yacht Industry: Annual Sales Estimates and Projections in US$ Million for the Period 2018-2025
- TABLE 22: Yacht Industry Market in the United Kingdom: Historic Sales Analysis in US$ Million for the Period 2009-2017
- REST OF EUROPE
- TABLE 23: Rest of Europe Yacht Industry Market Estimates and Forecasts in US$ Million: 2018-2025
- TABLE 24: Yacht Industry Market in Rest of Europe in US$ Million: A Historic Review for the Period 2009-2017
- ASIA-PACIFIC
- TABLE 25: Yacht Industry Market in Asia-Pacific: Estimates and Projections in US$ Million for the Period 2018-2025
- TABLE 26: Asia-Pacific Yacht Industry Historic Market Scenario in US$ Million: 2009-2017
- REST OF WORLD
- TABLE 27: Rest of World Yacht Industry Market Estimates and Forecasts in US$ Million: 2018 to 2025
- TABLE 28: Rest of World Yacht Industry Historic Market Review in US$ Million: 2009-2017
IV. COMPETITION
- Total Companies Profiled: 214
- YACHT INDUSTRY MCP-7997
- CONTENTS
