Luxury Yacht Market 2020-2024 | Increase In Recreational Tourism To Boost Growth | Technavio

Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

Technavio has been monitoring the luxury yacht market and it is poised to grow by 310 units during 2020-2024, progressing at a CAGR of over 11% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Alexander Marine Co. Ltd., Azimut Benetti Spa, Christensen Shipyards LLC, Damen Shipyards Group, Feadship Holland BV, Ferretti Spa, Fincantieri Spa, OVERMARINE GROUP Spa, Palumbo group Spa, and San Lorenzo Spa are some of the major market participants. Although the increase in recreational tourism will offer immense growth opportunities, high cost of operations will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The increase in recreational tourism has been instrumental in driving the growth of the market. However, high cost of operations might hamper market growth.

Luxury Yacht Market 2020-2024 : Segmentation

Luxury Yacht Market is segmented as below:

–  Type

–  Motor Yachts

–  Sail Yachts

–  Geographic Landscape


–  Europe

–  MEA

–  North America

–  South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40515

Luxury Yacht Market 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our luxury yacht market report covers the following areas:

–  Luxury Yacht Market size

–  Luxury Yacht Market trends

–  Luxury Yacht Market industry analysis

This study identifies the increase in HNWI population as one of the prime reasons driving the luxury yacht market growth during the next few years.

Luxury Yacht Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the luxury yacht market, including some of the vendors such as Alexander Marine Co. Ltd., Azimut Benetti Spa, Christensen Shipyards LLC, Damen Shipyards Group, Feadship Holland BV, Ferretti Spa, Fincantieri Spa, OVERMARINE GROUP Spa, Palumbo group Spa, and San Lorenzo Spa. Backed with competitive intelligence and benchmarking, our research reports on the luxury yacht market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio’s SUBSCRIPTION platform

Luxury Yacht Market 2020-2024 : Key Highlights

–  CAGR of the market during the forecast period 2020-2024

–  Detailed information on factors that will assist luxury yacht market growth during the next five years

–  Estimation of the luxury yacht market size and its contribution to the parent market

–  Predictions on upcoming trends and changes in consumer behavior

–  The growth of the luxury yacht market

–  Analysis of the markets competitive landscape and detailed information on vendors

–  Comprehensive details of factors that will challenge the growth of luxury yacht market vendors

Table Of Contents :

Executive Summary

–  Market Overview

Market Landscape

–  Market ecosystem

–  Value chain analysis

Market Sizing

–  Market definition

–  Market segment analysis

–  Market size 2019

–  Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

–  Five Forces Summary

–  Bargaining power of buyers

–  Bargaining power of suppliers

–  Threat of new entrants

–  Threat of substitutes

–  Threat of rivalry

–  Market condition

Market Segmentation by Type

–  Market segments

–  Comparison by Type placement

–  Motor yachts – Market size and forecast 2019-2024

–  Sail yachts – Market size and forecast 2019-2024

–  Market opportunity by Type

Customer Landscape

–  Overview

Geographic Landscape

–  Geographic segmentation

–  Geographic comparison

–  Europe – Market size and forecast 2019-2024

–  APAC – Market size and forecast 2019-2024

–  North America – Market size and forecast 2019-2024

–  South America – Market size and forecast 2019-2024

–  MEA – Market size and forecast 2019-2024

–  Key leading countries

–  Market opportunity by geography

Drivers, Challenges, and Trends

–  Market drivers

–  Volume driver – Demand led growth

–  Volume driver – Supply led growth

–  Volume driver – External factors

–  Volume driver – Demand shift in adjacent markets

–  Price driver – Inflation

–  Price driver – Shift from lower to higher priced units

–  Market challenges

–  Market trends

Vendor Landscape

–  Overview

–  Vendor landscape

–  Landscape disruption

Vendor Analysis

–  Vendors covered

–  Market positioning of vendors

–  Alexander Marine Co. Ltd.

–  Azimut Benetti Spa

–  Christensen Shipyards LLC

–  Damen Shipyards Group

–  Feadship Holland BV

–  Ferretti Spa

–  Fincantieri Spa


–  Palumbo group Spa

–  San Lorenzo Spa


–  Scope of the report

–  Currency conversion rates for US$

–  Research methodology

–  List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: [email protected]

Website: www.technavio.com/