According to a market report by Lucintel, the future of the global luxury yacht market looks promising with opportunities in the sailing luxury yacht and motorized luxury yacht markets. The global luxury yacht market is expected to grow with a CAGR of 8.2% from 2024 to 2030. The major drivers for this market are rising affluent people interest in exclusive leisure pursuits and their level of wealth, expanding emphasis on luxury experiences, the growth of marine tourism, and introduction of premium charter services.
A more than 150-page report to understand trends, opportunity and forecast in luxury yacht market to 2030 by hull material (fiber reinforced polymers & composites, metals & alloys, and others), size (75-120 feet, 121-250 feet, and above 250 feet), type (sailing luxury yacht, motorized luxury yacht, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the hull material category, fiber reinforced polymer & composite will remain the larger segment over the forecast period because it provide cutting-edge design options that enable distinctive and contemporary aesthetics.
Within this type category, motorized luxury yacht will remain the larger segment because the yachts offer plenty of deck space and opulent amenities, satisfying the needs of guests seeking luxury and entertainment options while at sea.
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In terms of regions, North America will remain the largest region over the forecast period due to well-established yachting infrastructure, existence of cutting-edge shipyards, world-class marinas, and a plenty of auxiliary services in the region.
Qorvo, Microchip Technology, Broadcom, Analog Devices, Infineon Technologies, Sumitomo Electric Industries, Win Semiconductors are the major suppliers in the luxury yacht market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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