Get more information about the market: https://www.imarcgroup.com/luxury-yacht-market
A luxury yacht is a crewed sailing vehicle that is primarily used for recreational activities and sports. It can be operated through wind sailing or by a propulsion system, such as an internal combustion engine (ICE) and gas turbine. Luxury yachts are commonly manufactured using various materials, such as steel, aluminum, fiberglass, wood, carbon fiber and treated wood with epoxy resins.
Want more information about this market? Request a free report sample: https://www.imarcgroup.com/luxury-yacht-market/requestsample
For India market research reports, visit: http://www.marketresearchindia.co.in
Contact Us
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group
2. Report DescriptionAbout IMARC Group
The International Market Analysis Research and Consulting Group is a leading adviser on
management strategy and market research worldwide. We partner with clients in all sectors
and regions to identify their highest-value opportunities, address their most critical
challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing
methods are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our
clients achieve unmatchable competitive advantage, build more proficient organizations, and
secure lasting results.
3. Report DescriptionReport Description and Highlights
Global Luxury Yacht Market Overview:
Luxury yachts are crewed pressure vessels that are used for sports and recreational purposes. Earlier,
they were manufactured using wood, but nowadays, they are constructed with the composites of
steel, aluminum and plastics as they are lightweight, resistant to corrosion and provide flexibility during
the production process. These materials also aid in reducing maintenance costs and enhancing strength
while increasing the speed and reducing the fuel consumption of yachts.
Luxury Yacht Market Trends
The luxury yacht market has been witnessing growth on account of rapid urbanization, inflating
disposable incomes and rising yacht tourism trends. However, the market growth is currently
hampered due to the rising cases of the coronavirus disease (COVID-19) and lockdowns imposed by
governments of numerous countries. This has further led to the restriction of all non-essential activities
and the adoption of social distancing measures, which, in turn, is negatively impacting the market
growth. On the other hand, the relaxation in lockdown restrictions is anticipated to provide
opportunities for manufacturers in the upcoming years. Other factors, such as the rising consumer
expenditure on recreational and leisure activities and significant growth in the travel and tourism
industry, are also expected to create a positive outlook for the market.
6. Report Description
Report Description and Highlights
Breakup by Application:
• Commercial
• Private
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
For more information, click here: https://www.imarcgroup.com/luxury-yacht-market
Competitive Landscape:
The competitive landscape of the market has also been examined with some of the key players.
7. Report DescriptionReport Description and Highlights
• 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 (Metal Shark Boats)
• Palumbo Group S.P.A
• Princess Yachts Limited (LVMH Group)
• Sanlorenzo S.p.A.
• Sunseeker International (Wanda Group)
• Viking Yacht Company
8. Report DescriptionReport Description and Highlights
Browse Related Report
Biostimulants Market Report: https://www.imarcgroup.com/biostimulants-market
Dairy Alternatives Market Report: https://www.imarcgroup.com/dairy-alternatives-market
Surgical Robots Market Report: https://www.imarcgroup.com/surgical-robots-market
Car Rental Market Report: https://www.imarcgroup.com/car-rental-market
9. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients
10. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients