Global Luxury Flybridge Motor-Yachts Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Luxury Flybridge Motor-Yachts Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A flybridge is a type of motor boat with an upper helm station. These models generally measure upwards of 30ft long and are particularly popular in warmer climates, such as the Mediterranean. These models benefit from all-round visibility when berthing. There is no industry-wide definition of a luxury yacht. However, there is a legal distinction between yachts above 24 meters (79 ft) and below, as in some countries those above 24 meters must have a permanent crew onboard. Our report includes Luxury Flybridge Motor-Yachts over 79 feet and below 79 feet.

Market Overview:

The latest research study on the global Luxury Flybridge Motor-Yachts market finds that the global Luxury Flybridge Motor-Yachts market reached a value of USD 7235.21 million in 2022. It’s expected that the market will achieve USD 10405.35 million by 2028, exhibiting a CAGR of 6.24% during the forecast period.

Drivers

People in countries such as Japan and India have low disposable income and they often rely on chartering catamarans, for tourist destinations such as Thailand and Malaysia, where chartering options are available.

The rapid growth of Asia, especially China's economy, has increased the purchasing power of many consumers.

Limitations

Luxury Flybridge Motor-Yachts has a high price, long production cycle, high labor costs, and high material requirements. This is an important factor that he is difficult to popularize to most people.

Opportunities

The global economy is developing slowly and is an opportunity period for emerging markets such as Asia.

Region Overview:

From 2022-2027, Europe is estimated to witness robust growth prospects.

Company Overview:

Azimut-Benetti S.p.A. is one of the major players operating in the Luxury Flybridge Motor-Yachts market, holding a share of 8.82% in 2018.

Azimut Benetti S.p.A. designs, manufactures, and sells yachts. It offers super, flybridge, sport, and long range yachts, as well as megayachts and sailing boats. It also charters yachts; and operates marinas and a yacht club. In addition, the company provides financing package options; interior design services for boats; and maintenance services, including refitting, modification, and restructuring. It offers products through a network of dealers worldwide. Azimut Benetti S.p.A. was founded in 1969 and is based in Viareggio, Italy with additional facilities worldwide.

Sanlorenzo Spa designs and builds steel, aluminum, and fiberglass yachts. It also sells its own and other brands of pre-owned yachts. Sanlorenzo Spa was formerly known as Cantieri Navali San Lorenzo SpA and changed its name to Sanlorenzo Spa in 2005.

Segmentation Overview:

Among different product types, Less Than 79 Ft segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Enterprise Buyer segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Luxury Flybridge Motor-Yachts market covered in Chapter 3:

Fairline
Bavaria Yachtbau GmbH
Riviera Australia Pty. Ltd.
Princess Yachts Limited
Groupe Beneteau
Astondoa
Sunseeker International
Sanlorenzo Spa
Azimut-Benetti S.p.A.
Horizon Yacht
Ferretti SpA
Carver Yachts

In Chapter 4 and Chapter 14.2, on the basis of types, the Luxury Flybridge Motor-Yachts market from 2018 to 2029 is primarily split into:

Less Than 79 Ft
More Than 79 Ft

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Luxury Flybridge Motor-Yachts market from 2018 to 2029 covers:

Enterprise Buyer
Individual Buyer
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)