Yacht Market by Type (Flybridge Yacht, Long Range Yacht, Sport Yacht), Yacht Length (20-50 Meters, Above 50 Meters, Up to 20 Meters), Propulsion - Global Forecast 2023-2030

Yacht Market by Type (Flybridge Yacht, Long Range Yacht, Sport Yacht), Yacht Length (20-50 Meters, Above 50 Meters, Up to 20 Meters), Propulsion - Global Forecast 2023-2030


The Yacht Market size was estimated at USD 10.67 billion in 2022 and expected to reach USD 11.56 billion in 2023, at a CAGR 8.78% to reach USD 20.94 billion by 2030.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Yacht Market.
  • Based on Type, market is studied across Flybridge Yacht, Long Range Yacht, Sport Yacht, and Super Yacht. The Flybridge Yacht is projected to witness significant market share during forecast period.
  • Based on Yacht Length, market is studied across 20-50 Meters, Above 50 Meters, and Up to 20 Meters. The Above 50 Meters is projected to witness significant market share during forecast period.
  • Based on Propulsion, market is studied across Motor Yacht and Sailing Yacht. The Sailing Yacht is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Yacht Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Yacht Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Yacht Market, highlighting leading vendors and their innovative profiles. These include Alexander Marine International Co., Ltd., Azimut Benetti S.p.A., BAGLIETTO S.p.A., Bavaria Yachtbau GmbH, Brunswick Corporation, Cheoy Lee Shipyards Ltd., Damen Shipyards Group, Dyna Craft Ltd., Ferretti S.p.A., Fr. Lürssen Werft GmbH & Co. KG, Heesen Yachts Sales B.V., Horizon Yachts, Inc., Kingship Marine Limited, Overmarine Group S.p.A., Princess Yachts Limited, and Sanlorenzo S.p.A..

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Yacht Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Yacht Market?
  3. What is the competitive strategic window for identifying opportunities in the Yacht Market?
  4. What are the latest technology trends and regulatory frameworks in the Yacht Market?
  5. What is the market share of the leading vendors in the Yacht Market?
  6. Which modes and strategic moves are suitable for entering the Yacht Market?


Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Yacht Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing consumer expenditures on luxurious and recreational activities worldwide
5.1.1.2. Ongoing governmental investments to improve marine travel and tourism sector
5.1.1.3. Proliferation in number of high-net-worth individuals globally
5.1.2. Restraints
5.1.2.1. High costs associated with manufacturing of yacht
5.1.3. Opportunities
5.1.3.1. Increasing consumer preference for water sports and fishing activities across the globe
5.1.3.2. Ongoing manufacturers' efforts for building technologically integrated yachts with incorporation of composite materials
5.1.4. Challenges
5.1.4.1. High dependency of yacht tourism on climatic conditions coupled with stringent environmental regulations
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Yacht Market, by Type
6.1. Introduction
6.2. Flybridge Yacht
6.3. Long Range Yacht
6.4. Sport Yacht
6.5. Super Yacht
7. Yacht Market, by Yacht Length
7.1. Introduction
7.2. 20-50 Meters
7.3. Above 50 Meters
7.4. Up to 20 Meters
8. Yacht Market, by Propulsion
8.1. Introduction
8.2. Motor Yacht
8.3. Sailing Yacht
9. Americas Yacht Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Yacht Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Yacht Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Alexander Marine International Co., Ltd.
13.1.2. Azimut Benetti S.p.A.
13.1.3. BAGLIETTO S.p.A.
13.1.4. Bavaria Yachtbau GmbH
13.1.5. Brunswick Corporation
13.1.6. Cheoy Lee Shipyards Ltd.
13.1.7. Damen Shipyards Group
13.1.8. Dyna Craft Ltd.
13.1.9. Ferretti S.p.A.
13.1.10. Fr. Lürssen Werft GmbH & Co. KG
13.1.11. Heesen Yachts Sales B.V.
13.1.12. Horizon Yachts, Inc.
13.1.13. Kingship Marine Limited
13.1.14. Overmarine Group S.p.A.
13.1.15. Princess Yachts Limited
13.1.16. Sanlorenzo S.p.A.
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings