Modern Convenience Features Of Luxury Yacht In Global Market Include Air Conditioners (ACs), Televisions, Navigation Aids, Power-Generating System & So On, 2016 - 2020

Researchmoz added Most up-to-date research on "Modern Convenience Features Of Luxury Yacht In Global Market Include Air Conditioners (ACs), Televisions, Navigation Aids, Power-Generating System & So On, 2016 - 2020" to its huge collection of research reports.

Luxury yachts include modern convenience features such as air conditioners (ACs), televisions, navigation aids, radars, echo-sounding systems, autopilot facility, and power-generating system. The market is driven by several factors, including rising luxury tourism and recreational events. Yachts are often an extension of a status symbol for the HNWI population. This is because they fall into the ultra-luxury goods category along with luxury cars, watches, and jewelry.

Technavios analysts forecast the global luxury yacht market to grow at a CAGR of 7.01% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global luxury yacht market for 2016-2020. To calculate the market size, the report includes the major drivers that are influencing the growth of the luxury yacht market.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Luxury Yacht Market 2016-2020, 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.

Key vendors
AMELS
Azimut | Benetti
Feadship
ISA Yacht
Overmarine Group

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Other prominent vendors
Abeking & Rasmussen
Anastassiades & Tsortanides
Arcadia Yachts
Astondoa
Austral Yachts
Bilgin
Bloemsma Van Breemen
Cammenga
Canados
Cantiere delle Marche
Cantieri di Pisa
Castagnola
Chediek
CNB
Corsair Marine
Couach Yachts

Market driver
Increase in tourism and recreational events across the globe.
For a full, detailed list, view our report

Market challenge
Motor luxury yachts have high operational costs.
For a full, detailed list, view our report

Market trend
Increasing preference for enhanced technologies to build yachts.
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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Yacht Market In China Will Grow At A CAGR Of 30% In The Period 2017 - 2025

Researchmoz added Most up-to-date research on "Yacht Market In China Will Grow At A CAGR Of 30% In The Period 2017 - 2025" to its huge collection of research reports.

The traditional markets, of US and Europe, have continued to dominate the yacht industry. As the US recovered from the impact of the global recession, an increasing number of customers from this region regained their interest in the yachting industry. However, the affluence of the Middle East is shifting the industry dynamics towards this region, owing to the larger share wealthy clientele. The other key markets include Brazil and Russia, where the younger wealthy population has shown an explicit interest in yachting.

While North America is globally the largest yacht market followed by Europe, China is the most important emerging yacht market. Even though the current Chinese Government’s anti-corruption drive has dampened the market for luxury goods in China, the yacht industry’s outlook is bright.It is projected that the number of leisure boats and yachts in the country will reach 100,000 by 2020 from a mere 3,000 in 2012. The market in 2020 will be worth approximately USD 8.16 billion. 

Why should the report be purchased?

The report ‘A Study of China's Yacht Market 2016’ highlights key drivers of and trends emerging in China’s yacht industry. The Initiatives and performance of key global players including Sunseeker International, Sanlorenzo SPA, Ferretti Group, Azimut Benetti, Princess Yachts International Plc., Gulf Craft Inc., Brunswick Corporation, Sunbird Yacht Manufacturing Co., Cheoy Lee Shipyards Limited and Shanghai Double Happiness Yacht Co.has been presented. The current market scenario and future prospects of the sector has also been examined.The report contains latest industry-related opinions.

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Research methodology and delivery time

Smart Research Insights has conducted in depth secondary research to arrive at key insights. Data collected from key public industry sources and publications has been scanned and analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.

The report is available as single-site single-user license. The delivery time for the electronic version of the report is 3 business days as each copy undergoes thorough quality check and is updated with the most recent information available.The delivery time for hard copies is approximately4 business days, as each hard copy is custom printed for the client.

About Smart Research Insights (SRI)

SRI is a research organization specializing in industry research reports and custom research. Our team of dedicated researchers with rich experience across industry segments focuses on delivering high quality analysis. Undertaking in-depth secondary research, we arrive at key insights, which are supported by data that has been analyzed impartially to present a clear picture of the industry. All recent developments and industry opinions which impact the sector dynamics are captured and used to support the research hypothesis.

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