Yacht Market Analysis Report By Type (Super Yacht, Flybridge Yacht, Sport Yacht, Long Range Yacht), By Yacht Length (Up to 20 ft, 20 to 50 ft, Above 50 ft), By Region, And Segment Forecasts, 2019 - 2025

Published: Sep, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Technology & Media | Report Format: Electronic (PDF)

The global yacht market size is expected to reach USD 6.19 billion by 2025, registering a CAGR of 5.6% over the forecast period, according to a new report by Grand View Research, Inc. The market is expected to witness significant growth owing to the increasing coastal and marine tourism activities across the globe. Furthermore, the rising standard of living and growing corporate tourism activities across the globe are expected to further drive the market.

The sports segment is expected to exhibit high growth owing to its use in personal activities as well as sports events. The increasing number of recreational sporting events, yacht trade shows, and events organized by OEMs are supporting the growth of the market in developed regions such as North America and Europe. Significant increase in the number of people participating year-on-year in marine recreational activities is also expected to further boost the market growth in these regions. Moreover, rising marine tourism and the growing population of high net worth individuals are also likely to contribute to the growth of the regional markets.

According to the World Bank, HNWI accounts for less than 1% of the world's total population and more than 40% of the world's total wealth. The growing HNWI population is driving the spending on leisure activities, including yacht travels. The demand for modern leisure yachts is particularly growing as it provides a connected experience while cruising, fishing, and so on.

The increasing adoption rate of yachts has compelled manufacturers to invest in research and development on building yachts using high strength composite material for physical structures. Significant amounts of R&D budgets are also assigned for the integration of technologies such as IoT that enable the exchange of information through a single network. Furthermore, digitalization of propulsion systems has also significantly increased the efficiency of yachts, thus reducing fuel consumption.

Further key findings from the report suggest:

• The yacht market is anticipated to experience substantial growth with a CAGR of 5.6% on account of the growing emphasis on marine tourism

• The sports segment is anticipated to register a higher CAGR over the forecast period owing to its increasing adoption in personal as well as sports applications

• The 20 to 50 ft length segment is expected to witness higher growth owing to the low operational cost, maintenance, and fuel consumption of yachts of this length size

• Asia Pacific is anticipated to register a higher CAGR over the forecast period owing to the presence of government initiatives to boost marine tourism and the rising disposable income of individuals

• The market is oligopolistic in nature and is dominated by key players such as Brunswick Corporation, Azimut Benetti S.p.A., Damen Shipyards Group, Heesen Group, The San Lorenzo S.p.a, Sunseeker International, Ferretti S.p.A., Alexander Marine International Co., Ltd. (AMI), and Princess Yachts Limited, among others.

 Table of Contents

Chapter 1. Methodology and Scope
                    1.1. Research Methodology
                    1.2. Research Scope and Assumptions
                    1.3. List of Data Sources
Chapter 2. Executive Summary
                    2.1. Yacht Regional Marketplace: Key Takeaways
Chapter 3. Yacht Industry Outlook
                    3.1. Market Segmentation
                    3.2. Market Size and Growth Prospects, 2014 - 2025
                    3.3. Value Chain Analysis
                    3.4. Market Dynamics
                        3.4.1. Market driver analysis
                        3.4.2. Market restraint/challenge analysis
                        3.4.3. Market opportunity analysis
                    3.5. Penetration and Growth Prospect Mapping
                    3.6. Company Market Share Analysis, (2018)
                    3.7. Industry Analysis - Porter's Five Forces Analysis
                    3.8. PEST Analysis
Chapter 4. Yacht Market: Type Outlook
                    4.1. Yacht Market Share by Type, 2018 & 2025 (USD Million)
                    4.2. Super Yacht
                        4.2.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                        4.2.2. Market estimates and forecasts by region, 2014 - 2025 (USD Million)
                    4.3. Flybridge Yacht
                        4.3.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                        4.3.2. Market estimates and forecast by region, 2014 - 2025 (USD Million)
                    4.4. Sport Yacht
                        4.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                        4.4.2. Market estimates and forecast by region, 2014 - 2025 (USD Million)
                    4.5. Long Range Yacht
                        4.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                        4.5.2. Market estimates and forecast by region, 2014 - 2025 (USD Million)
                    4.6. Others
                        4.6.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                        4.6.2. Market estimates and forecast by region, 2014 - 2025 (USD Million)
Chapter 5. Yacht Market: Yacht Length Outlook
                    5.1. Yacht Market Share by Yacht Length, 2018 & 2025 (USD Million)
                    5.2. Up to 20 ft
                        5.2.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                        5.2.2. Market estimates and forecast by region, 2014 - 2025 (USD Million)
                    5.3. 20 to 50 ft
                        5.3.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                        5.3.2. Market estimates and forecast by region, 2014 - 2025 (USD Million)
                    5.4. Above 50 ft
                        5.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                        5.4.2. Market estimates and forecast by region, 2014 - 2025 (USD Million)
Chapter 6. Yacht Market: Regional Outlook
                    6.1. Yacht Market Share by Region, 2018 & 2025 (USD Million)
                    6.2. North America
                        6.2.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                        6.2.2. Market estimates and forecast by type, 2014 - 2025 (USD Million)
                        6.2.3. Market estimates and forecast by yacht length, 2014 - 2025 (USD Million)
                        6.2.4. U.S.
                            6.2.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            6.2.4.2. Market estimates and forecast by type, 2014 - 2025 (USD Million)
                            6.2.4.3. Market estimates and forecast by yacht length, 2014 - 2025 (USD Million)
                        6.2.5. Canada
                            6.2.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            6.2.5.2. Market estimates and forecast by type, 2014 - 2025 (USD Million)
                            6.2.5.3. Market estimates and forecast by yacht length, 2014 - 2025 (USD Million)
                    6.3. Europe
                        6.3.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                        6.3.2. Market estimates and forecast by type, 2014 - 2025 (USD Million)
                        6.3.3. Market estimates and forecast by yacht length, 2014 - 2025 (USD Million)
                        6.3.4. U.K.
                            6.3.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            6.3.4.2. Market estimates and forecast by type, 2014 - 2025 (USD Million)
                            6.3.4.3. Market estimates and forecast by yacht length, 2014 - 2025 (USD Million)
                        6.3.5. Germany
                            6.3.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            6.3.5.2. Market estimates and forecast by type, 2014 - 2025 (USD Million)
                            6.3.5.3. Market estimates and forecast by yacht length, 2014 - 2025 (USD Million)
                        6.3.6. France
                            6.3.6.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            6.3.6.2. Market estimates and forecast by type, 2014 - 2025 (USD Million)
                            6.3.6.3. Market estimates and forecast by yacht length, 2014 - 2025 (USD Million)
                    6.4. Asia Pacific
                        6.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                        6.4.2. Market estimates and forecast by type, 2014 - 2025 (USD Million)
                        6.4.3. Market estimates and forecast by yacht length, 2014 - 2025 (USD Million)
                        6.4.4. China
                            6.4.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            6.4.4.2. Market estimates and forecast by type, 2014 - 2025 (USD Million)
                            6.4.4.3. Market estimates and forecast by yacht length, 2014 - 2025 (USD Million)
                        6.4.5. India
                            6.4.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            6.4.5.2. Market estimates and forecast by type, 2014 - 2025 (USD Million)
                            6.4.5.3. Market estimates and forecast by yacht length, 2014 - 2025 (USD Million)
                        6.4.6. Japan
                            6.4.6.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            6.4.6.2. Market estimates and forecast by type, 2014 - 2025 (USD Million)
                            6.4.6.3. Market estimates and forecast by yacht length, 2014 - 2025 (USD Million)
                    6.5. Latin America
                        6.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                        6.5.2. Market estimates and forecast by type, 2014 - 2025 (USD Million)
                        6.5.3. Market estimates and forecast by yacht length, 2014 - 2025 (USD Million)
                        6.5.4. Brazil
                            6.5.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            6.5.4.2. Market estimates and forecast by type, 2014 - 2025 (USD Million)
                            6.5.4.3. Market estimates and forecast by yacht length, 2014 - 2025 (USD Million)
                        6.5.5. Mexico
                            6.5.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                            6.5.5.2. Market estimates and forecast by type, 2014 - 2025 (USD Million)
                            6.5.5.3. Market estimates and forecast by yacht length, 2014 - 2025 (USD Million)
                    6.6. Middle East & Africa
                        6.6.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                        6.6.2. Market estimates and forecast by type, 2014 - 2025 (USD Million)
                        6.6.3. Market estimates and forecast by yacht length, 2014 - 2025 (USD Million)
Chapter 7. Competitive Landscape
                    7.1. Brunswick Corporation
                        7.1.1. Company overview
                        7.1.2. Financial performance
                        7.1.3. Product benchmarking
                        7.1.4. Strategic initiatives
                    7.2. Azimut Benetti S.p.A
                        7.2.1. Company overview
                        7.2.2. Financial performance
                        7.2.3. Product benchmarking
                        7.2.4. Strategic initiatives
                    7.3. Damen Shipyards Group
                        7.3.1. Company overview
                        7.3.2. Financial performance
                        7.3.3. Product benchmarking
                        7.3.4. Strategic initiatives
                    7.4. Heesen Group
                        7.4.1. Company overview
                        7.4.2. Financial performance
                        7.4.3. Product benchmarking
                        7.4.4. Strategic initiatives
                    7.5. The San Lorenzo S.p.a
                        7.5.1. Company overview
                        7.5.2. Financial performance
                        7.5.3. Product benchmarking
                        7.5.4. Strategic initiatives
                    7.6. Sunseeker International
                        7.6.1. Company overview
                        7.6.2. Financial performance
                        7.6.3. Product benchmarking
                        7.6.4. Strategic initiatives
                    7.7. Ferretti S.p.A
                        7.7.1. Company overview
                        7.7.2. Financial performance
                        7.7.3. Product benchmarking
                        7.7.4. Strategic initiatives
                    7.8. Alexander Marine International Co., Ltd.
                        7.8.1. Company overview
                        7.8.2. Financial performance
                        7.8.3. Product benchmarking
                        7.8.4. Strategic initiatives
                    7.9. Princess Yachts Limited
                        7.9.1. Company overview
                        7.9.2. Financial performance
                        7.9.3. Product benchmarking
                        7.9.4. Strategic initiatives

List of Tables

Table 1 List of abbreviations
Table 2 Yacht market - Industry snapshot & key buying criteria, 2014 - 2025
Table 3 Yacht market, 2014 - 2025 (USD Million)
Table 4 Yacht market, by region, 2014 - 2025 (USD Million)
Table 5 Yacht market, by type, 2014 - 2025 (USD Million)
Table 6 Yacht market, by yacht length, 2014 - 2025 (USD Million)
Table 7 Super yacht market, 2014 - 2025 (USD Million)
Table 8 Super yacht market, by region, 2014 - 2025 (USD Million)
Table 9 Flybridge yacht market, 2014 - 2025 (USD Million)
Table 10 Flybridge yacht market, by region, 2014 - 2025 (USD Million)
Table 11 Sport yacht market, 2014 - 2025 (USD Million)
Table 12 Sport yacht market, by region, 2014 - 2025 (USD Million)
Table 13 Long range yacht market, 2014 - 2025 (USD Million)
Table 14 Long range yacht market, by region, 2014 - 2025 (USD Million)
Table 15 Other yacht market, 2014 - 2025 (USD Million)
Table 16 Other yacht market, by region, 2014 - 2025 (USD Million)
Table 17 Up to 20 ft yacht market, 2014 - 2025 (USD Million)
Table 18 Up to 20 ft yacht market, by region, 2014 - 2025 (USD Million)
Table 19 20 to 50 ft yacht market, 2014 - 2025 (USD Million)
Table 20 20 to 50 ft yacht market, by region, 2014 - 2025 (USD Million)
Table 21 Above 50 ft yacht market, 2014 - 2025 (USD Million)
Table 22 Above 50 ft yacht market, by region, 2014 - 2025 (USD Million)
Table 23 North America yacht market, 2014 - 2025 (USD Million)
Table 24 North America yacht market, by type, 2014 - 2025 (USD Million)
Table 25 North America yacht market, by yacht length, 2014 - 2025 (USD Million)
Table 26 U.S. yacht market, 2014 - 2025 (USD Million)
Table 27 U.S. yacht market, by type, 2014 - 2025 (USD Million)
Table 28 U.S. yacht market, by yacht length, 2014 - 2025 (USD Million)
Table 29 Canada yacht market, 2014 - 2025 (USD Million)
Table 30 Canada yacht market, by type, 2014 - 2025 (USD Million)
Table 31 Canada yacht market, by yacht length, 2014 - 2025 (USD Million)
Table 32 Europe yacht market, 2014 - 2025 (USD Million)
Table 33 Europe yacht market, by type, 2014 - 2025 (USD Million)
Table 34 Europe yacht market, by yacht length, 2014 - 2025 (USD Million)
Table 35 U.K. yacht market, 2014 - 2025 (USD Million)
Table 36 U.K. yacht market, by type, 2014 - 2025 (USD Million)
Table 37 U.K. yacht market, by yacht length, 2014 - 2025 (USD Million)
Table 38 Germany yacht market, 2014 - 2025 (USD Million)
Table 39 Germany yacht market, by type, 2014 - 2025 (USD Million)
Table 40 Germany yacht market, by yacht length, 2014 - 2025 (USD Million)
Table 41 France yacht market, 2014 - 2025 (USD Million)
Table 42 France yacht market, by type, 2014 - 2025 (USD Million)
Table 43 France yacht market, by yacht length, 2014 - 2025 (USD Million)
Table 44 Asia Pacific yacht market, 2014 - 2025 (USD Million)
Table 45 Asia Pacific yacht market, by type, 2014 - 2025 (USD Million)
Table 46 Asia Pacific yacht market, by yacht length, 2014 - 2025 (USD Million)
Table 47 China yacht market, 2014 - 2025 (USD Million)
Table 48 China yacht market, by type, 2014 - 2025 (USD Million)
Table 49 China yacht market, by yacht length, 2014 - 2025 (USD Million)
Table 50 India yacht market, 2014 - 2025 (USD Million)
Table 51 India yacht market, by type, 2014 - 2025 (USD Million)
Table 52 India yacht market, by yacht length, 2014 - 2025 (USD Million)
Table 53 Japan yacht market, 2014 - 2025 (USD Million)
Table 54 Japan yacht market, by type, 2014 - 2025 (USD Million)
Table 55 Japan yacht market, by yacht length, 2014 - 2025 (USD Million)
Table 56 Latin America yacht market, 2014 - 2025 (USD Million)
Table 57 Latin America yacht market, by type, 2014 - 2025 (USD Million)
Table 58 Latin America yacht market, by yacht length, 2014 - 2025 (USD Million)
Table 59 Brazil yacht market, 2014 - 2025 (USD Million)
Table 60 Brazil yacht market, by type, 2014 - 2025 (USD Million)
Table 61 Brazil yacht market, by yacht length, 2014 - 2025 (USD Million)
Table 62 Mexico yacht market, 2014 - 2025 (USD Million)
Table 63 Mexico yacht market, by type, 2014 - 2025 (USD Million)
Table 64 Mexico yacht market, by yacht length, 2014 - 2025 (USD Million)
Table 65 MEA yacht market, 2014 - 2025 (USD Million)
Table 66 MEA yacht market, by type, 2014 - 2025 (USD Million)
Table 67 MEA yacht market, by yacht length, 2014 - 2025 (USD Million)

List of Figures

Fig. 1 Research process
Fig. 2 Information procurement
Fig. 3 Yacht regional marketplace: Key takeaways
Fig. 4 Yacht market - Market segmentation and scope
Fig. 5 Yacht market - Market size and growth prospects, 2014 - 2025 (USD Million)
Fig. 6 Yacht market - Value chain analysis
Fig. 7 Yacht market - Market dynamics
Fig. 8 Yacht market - Market driver relevance analysis (Current and future impact)
Fig. 9 Yacht market - Market restraint/challenge relevance analysis (Current and future impact)
Fig. 10 Yacht market - Market opportunity relevance analysis (Current and future impact)
Fig. 11 Yacht market - Penetration and growth prospect mapping
Fig. 12 Yacht market - Porter's five forces analysis
Fig. 13 Yacht market - PEST analysis
Fig. 14 Global yacht market type outlook, 2018 & 2025
Fig. 15 Global yacht market yacht length outlook, 2018 & 2025
Fig. 17 Global yacht market regional outlook, 2018 & 2025
Fig. 18 North America yacht market - Key takeaways
Fig. 19 Europe yacht market - Key takeaways
Fig. 20 Asia Pacific yacht market - Key takeaways
Fig. 21 Latin America yacht market - Key takeaways
Fig. 22 Middle East & Africa yacht market - Key takeaways

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