Market Research Insights

  San Francisco, 31 December 2024:  The Report  Yacht Market  Size, Share & Trends Analysis Report By Type (Super Yacht, Sport Yacht, Flybridge Yacht, Long Range Yacht), By Length (Up To 20 M, 20 To 50 M, Above 50 M), By Propulsion (Motor, Sailing), By Region, And Segment Forecasts, 2024 - 2030 The global yacht market size is anticipated to reach USD 13.29 billion by 2030, registering a CAGR of 5.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. The global market encompasses the design, construction, sale, and servicing of luxury watercraft ranging from small recreational boats to superyachts exceeding 100 feet in length. Yachts are often categorized by size, usage, and propulsion type, including motor yachts, sailing yachts, and hybrid or electric yachts. The market caters primarily to high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs). Technological advancements are introducing eco-friendly opti...

  San Francisco, 17 June 2021:   The Report  Yacht Market  Size, Share & Trends Analysis Report By Type (Super Yacht, Flybridge Yacht, Sport Yacht, Long Range Yacht), By Length, By Propulsion, By Region, And Segment Forecasts, 2021 - 2028 The global yacht market size is expected to reach USD 12.16 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.2% from 2021 to 2028. 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 ma...