The Market Reports

Synopsis
The global market for Luxury Yacht was estimated to be worth US$ 12480 million in 2024 and is forecast to a readjusted size of US$ 18790 million by 2031 with a CAGR of 6.1% during the forecast period 2025-2031.
Yachts with length greater than 79 feet are known as luxury yachts. They are mainly used for recreational purposes which are equipped with modern convenience features such as ACs, TV, navigation aids, radar, echo-sounding, autopilot, and reliable power generating systems.
The luxury yacht market is a high-end, niche segment of the global marine industry, primarily targeting affluent individuals and organizations looking for opulent, customized vessels for recreational or commercial purposes. This market has experienced growth in recent years due to increasing wealth among high-net-worth individuals (HNWIs) and their desire for unique and extravagant lifestyle choices. The global population of HNWIs has been increasing, especially in emerging markets such as Asia-Pacific, the Middle East, and Russia. This demographic is driving demand for luxury goods and experiences, including yachts. Luxury yacht charters are becoming a preferred way for wealthy individuals to travel and explore remote destinations in luxury. The desire for privacy and exclusivity in vacation experiences further drives the demand for private and chartered luxury yachts. Modern yachts are equipped with cutting-edge technology, such as advanced navigation systems, satellite communication, and automation. Eco-friendly innovations, such as hybrid propulsion systems and sustainable materials, are also becoming more prevalent. Sustainability has become a significant trend in the luxury yacht market. Companies are increasingly focusing on building eco-friendly yachts that use hybrid or fully electric propulsion systems to reduce emissions. The use of sustainable materials for yacht construction and efforts to minimize the environmental footprint of yachting are gaining momentum. Many luxury yacht buyers want yachts that reflect their personal taste and preferences. Customization can include unique interiors, high-end finishes, bespoke art collections, and luxurious amenities like infinity pools, gyms, and cinemas. Some yachts even have onboard garages for water sports equipment like jet skis, submarines, or helicopters. The global luxury yacht market is expected to continue its growth trajectory, driven by the increasing number of HNWIs, the desire for personalized experiences, and advancements in technology and sustainability. As more people seek unique, luxury travel experiences and invest in custom-built yachts, the market will likely see continued innovation and an expanding range of luxury offerings.
This report aims to provide a comprehensive presentation of the global market for Luxury Yacht, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Luxury Yacht by region & country, by Type, and by Application.
The Luxury Yacht market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Luxury Yacht.
Market Segmentation
By Company
Azimut/Benetti
Sunseeker
Sanlorenzo
Feadship
Oceanco
Ferretti Group
Princess Yachts
Amels / Damen
Horizon
Westport
Overmarine
Trinity Yachts
Heesen Yachts
Lürssen
Cerri - Baglietto
Segment by Type
Motor Luxury Yachts
Sailing Luxury Yachts
Segment by Application
Private Use
Commercial Use
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Luxury Yacht manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Luxury Yacht in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Luxury Yacht in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index