Global Luxury Yacht Market Share, Growth, Trends 2023-2028.

1. Global Luxury Yacht Market Research Report 2023-2028 Author: Elena Anderson Marketing Manager Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2022 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Luxury Yacht Market Outlook 2023-2028 : According to the latest report by IMARC Group, titled "Luxury Yacht Market: Global Industry Trends, Size, Share, Growth, Opportunity, and Forecast 2023-2028,“ the global luxury yacht market size reached US$ 7.2 Billion in 2022. The market value is projected to reach US$ 12.7 Billion by 2028, expanding at a CAGR of 9.8% during 2023-2028. Luxury yachts are luxurious, professionally crewed sailing or floating boats that are predominantly used for various personal and professional purposes. These mega vehicles are mostly privately owned but can also be chartered or rented based on multiple requirements. They are operated through wind sailing or with the support of propulsion systems, including an internal combustion engine (ICE) and gas turbine. Luxury yachts comprise stylish cabins and are equipped with modern amenities, including a jacuzzi, spa and sauna, gymnasium, sun pads, fishing pads, heating, ventilation, and air conditioning (HVAC), and entertainment systems to provide a seamless high standard and comfortable experience. These furnishings are mainly designed from aluminum, fiberglass, fiber-reinforced polymers, composites, steel, wood, and epoxy resin materials. Apart from this, luxury yachts provide attractive views of the sea, better security controls, ample space for luggage storage, and optimal relaxation for individuals. As a result, luxury yachts are extensively used for recreational activities, such as cruising and personal, business, or political gatherings. Currently, they are mainly available in varying sizes, models, and engine types. Request a Free PDF Sample of the Report: https://www.imarcgroup.com/luxury-yacht- market/requestsample

4. Report Description and Highlights Report Description Global Luxury Yacht Market Trends: Growing coastal and marine tourism involving various leisure activities and sporting events and the rising demand for personalized traveling experiences amongst high-net-worth individuals (HNWI) are primarily driving the market growth. In line with this, the enforcement of favorable policies by various governments promoting yachting tourism and increasing participation in marine recreational activities are acting as other growth-inducing factors. Moreover, rising investments in coastal infrastructure have encouraged the purchase of private boats and chartering of yachts for business meetings, investor presentations, and sales parties, which, in turn, is favoring the market growth. Additionally, the significant integration of the vehicle with electronically controlled fuel injection systems to achieve flexible engine operations at variable speeds, enhance the efficiency of the propulsion system, and reduce noise, vibration, and emissions are impelling the market growth. Similarly, recent investments by original equipment manufacturers (OEM) to design luxurious, comfortable, and high-tech interiors are influencing the market growth. Furthermore, ongoing improvements in maritime security systems, connectivity, tracking, and telematics solutions and the unification of the internet of things (IoT) applications are propelling the market growth. Besides this, inflating disposable incomes and expanding trends of luxury tourism with personalized services are creating a positive outlook for the market. View Report TOC, Figures and Tables: https://www.imarcgroup.com/luxury-yacht-market

5. Report Description and Highlights Report Description Key Market Segmentation: The report has segmented the global luxury yacht market on the basis of type, component, deployment mode, organization size and vertical. Breakup by Type: • • • Sailing Luxury Yacht Motorized Luxury Yacht Others Breakup by Size: • • • 75-120 Feet 121-250 Feet Above 250 Feet Ask Analyst for Customization and Explore full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=2280&flag=E

6. Report Description and Highlights Report Description Breakup by Material: • • • FRP/ Composites Metal/ Alloys Others Breakup by Application: • • Commercial Private Breakup by Region: • • • • • Asia Pacific North America Europe Middle East and Africa Latin America

7. Report Description and Highlights Report Description Competitive Landscape With Key Players: The competitive landscape global luxury yacht market has been studied in the report with the detailed profiles of the key players operating in the market. • • • • • • • • • • • • • • Alexander Marine International Azimut - Benetti S.P.A. Brunswick Corporation Christensen Shipyards LLC Damen Shipyards Group N.V. Feadship Holland B.V. Fincantieri S.p.A. (CDP Industria S.p.A.) Heesen Yachts Sales B.V. Horizon Yacht USA Palumbo Group S.P.A Princess Yachts Limited Sanlorenzo S.p.A. Sunseeker International (Wanda Group) Viking Yacht Company

8. Key Questions Answered in the Report Report Description • • • • • • • • • • What was the size of the global luxury yacht market in 2022? What is the expected growth rate of the global luxury yacht market during 2023-2028? What are the key factors driving the global luxury yacht market? What has been the impact of COVID-19 on the global luxury yacht market? What is the breakup of the global luxury yacht market based on the type? What is the breakup of the global luxury yacht market based on the size? What is the breakup of the global luxury yacht market based on material? What is the breakup of the global luxury yacht market based on the application? What are the key regions in the global luxury yacht market? Who are the key players/companies in the globalluxury yacht market?

9. Report DescriptionTable of Contents 1 Preface 2 Scope and Methodology 3 Executive Summary 4 Introduction 5 Global Luxury Yacht Market 6 Market Breakup by Type 7 Market Breakup by Size 8 Market Breakup by Material 9 Market Breakup by Application 10 Market Breakup by Region

10. Report DescriptionTable of Contents 11 SWOT Analysis 12 Value Chain Analysis 13 Porters Five Forces Analysis 14 Price Analysis 15 Competitive Landscape Click Here to Visit the Complete Table of Content With List of Figures and Tables: https://www.imarcgroup.com/luxury-yacht-market/toc

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13. Report Description and Highlights Report Description © 2022 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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