According to the latest report by IMARC Group “Asia Pacific Luxury Yacht Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“, The Asia Pacific luxury yacht market is currently witnessing strong growth. the market is expected to continue its strong growth during the forecast period (2021-2026).
A luxury yacht is a professionally crewed marine vessel used for recreational purposes. It is made from reinforced polymer, wood, and composites and can operate through wind sailing or a propulsion system. It is also equipped with modern style, design, comfort, and technologically advanced components to enhance the overall performance of the yacht and user.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
There is a rise in the demand for marine recreational activities in the Asia Pacific region on account of inflating disposable incomes and improving living standards among individuals. This represents one of the key factors bolstering the growth of the market. Besides this, a significant availability of improved maritime security systems, tracking, and connectivity, is also contributing to market growth in the region. Moreover, leading market players are employing state-of-the-art technology that offers spacious cabins, well-equipped galleys, dining rooms and staterooms, which are embedded with sound and media systems. These innovations are creating a favorable market outlook in the region.
Breakup by Type:
- Sailing Luxury Yacht
- Motorized Luxury Yacht
- Others
Breakup by Size:
- 75-120 Feet
- 121-250 Feet
- Above 250 Feet
Breakup by Material:
- FRP/ Composites
- Metal/ Alloys
- Others
Breakup by Application:
- Commercial
- Private
Breakup by Country:
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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The Global Luxury Yacht Market size was valued at USD 6.58 billion in 2019 and is predicted to reach USD 14.58 billion by 2030, with a CAGR of 7.5% from 2020-2030.Luxury Yacht Market 2020 research report has dedicated to several quantities of analysis - industry research (global industry trends) and Luxury Yacht market share analysis of high players, along with company profiles, and which collectively include about the fundamental opinions regarding the market landscape, emerging and high-growth sections of Luxury Yacht market, high-growth regions, and market drivers, restraints, and also market chances.
The analysis covers Luxury Yacht market and its advancements across different industry verticals as well as regions.
It targets estimating the current market size and growth potential of the global Luxury Yacht Market across sections such as also application and representatives.
Additionally, the analysis also has a comprehensive review of the crucial players on the Luxury Yacht market together side their company profiles, SWOT analysis, latest advancements, and business plans.Access Full Description of this report at:-https://www.nextmsc.com/report/luxury-yacht-market Top Companies: Damen Shipyards Group, Alexander Marine Co Ltd, Azimut Benetti S.p.A., Ferretti S.P.A., Feadship, Princess Yachts International plc, Horizon Yacht USA, Sunseeker International Limited and others.The report primarily enrolls the essential subtleties of industry dependent on the basic diagram of Luxury Yacht market chain structure, and depicts industry environment, the advancement of the market through upstream and downstream, industry by and large, speculation investigation, producing cost structure, industry strategies, plans and improvement, key players will drive key business choices and makes a logical expectation for the improvement business prospects based on past, present and estimate information identified with the Luxury Yacht market advertise from 2019-2030.Request sample copy of this report at:-https://www.nextmsc.com/luxury-yacht-market/request-sampleThe report provides insights on the following pointers:-North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Luxury Yacht industry.Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Luxury Yacht industry.Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, Netherlands, Switzerland, Belgium, China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Vietnam, Turkey, Saudi Arabia, United Arab Emirates, South Africa, Israel, Egypt, Nigeria, Brazil, Mexico, Argentina, Colombia, Chile, Peru) market size (sales, revenue and growth rate) of Luxury Yacht industry.Different types and applications of Luxury Yacht industry, market share of each type and application by revenue.Global market size (sales, revenue) forecast by regions and countries from 2020 to 2030 of Luxury Yacht industry.Upstream raw materials and manufacturing equipment, downstream major consumers, and industry chain analysis of Luxury Yacht industry.Key drivers influencing market growth, opportunities, the challenges and the risks analysis of Luxury Yacht industry.New Project Investment Feasibility Analysis of Luxury Yacht industry.About Next Move Strategy Consulting:Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share.
Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics.We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade.
Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry.
1 Yacht Charter Company in Dubai to specialize in yacht party Dubai, private yacht Dubai, Yacht Charter Dubai, Yacht Charter Rental, used boats for sale and charter boat rentals.
From wedding events to corporate meetings, we have yacht cruise packages for every occasion.
Our exclusive partnership with leading European yacht brands such as Sanlorenzo and Fairline means we have some of the finest luxury yachts available for sale and charter.
The yacht crew and professional onboard staff at Royal Yachts are always ready to serve the clients in the best possible manner, taking care of all their needs.
