Yacht Industry - A Global Strategic Business Report

“Growing Interest in Yachting as a Luxury Sport and Hobby Drives Demand for Yachts”

“Growing Interest in Yachting as a Luxury Sport and Hobby Drives Demand for Yachts”

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June 2014 ReleaseJune 2014 Release

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Global market for Yachts is projected to reach US$73.8 billion by 2020, driven by the rise in the number of high net worth individuals, particularly in developing regions such as China and the Middle East. Growth in the United States is supported by the well-entrenched boating culture among both the middle class Americans and the Silicon Valley billionaires. Growth in China, the fastest growing market, is led by economic prosperity and changing perceptions of luxury and ostentatious living. Favorable government policies encouraging the development of marine tourism are also aiding market growth. The Middle East represents a strong market for Luxury Yachts with the growing number of oil billionaires and tycoons favoring yachting as a recreational sport.

• Alloy Yachts Limited

• Azimut Benetti

• Blohm+Voss Shipyards

• Camuzzi Nautica

• Cheoy Lee Shipyards Limited

• Christensen Shipyards Ltd.

• the Ferretti Group

• Heesen Yachts

• Jet Tern Marine

Major Players…US$73.8 Billion

2014 2015 2016 2017 2018 202020192013


• Growing Interest in Yachting as a Luxury

Sport Drives Demand

• Increasing Wealth of High Net Worth

Individuals: A Key Growth Driver

• Superyachts & Ultra Large Yachts to

Witness Strong Demand

• Surging Interest in Sailing Among Women

Opens a New Avenue for Growth

• Democratization of Luxury Amplifies

Market Opportunities

• Yacht Tourism Grows in Popularity

Snapshot Summary of Trends & Drivers

• Europe represents the largest regional

market worldwide, while China ranks as

the fastest growing market with a CAGR

of 11.4% over the analysis period.

Europe


GIA’s Actionable Research Insights

Market Analytics Market Profiling Competitive Intelligence

• Estimates and Forecasts for 2013-2020

• Geographic Regions Analyzed – The United States, Canada, Europe, China and Rest of World.

• Market Trends & Issues

• Growth Drivers & Enablers

• Growth Inhibitors

• Opportunities and Challenges

• Recent Industry Activity

• Product Innovations & Trends

• Market Analyses, Facts,

Figures & Forecasts

• Coverage of Major & Niche

Players

• Comprehensive Geographic

Coverage

• 237 major and niche players covered

To browse full report table of contents, please



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Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Yacht Industry - A Global Strategic Business Report