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Luxury Yacht Market Share

Report ID: GMI6868
Published Date: Oct 2023
Report Format: PDF

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Luxury Yacht Market Share

Major companies operating in the luxury yacht market are:

Azimut Benetti
Damen Yachting
Ferretti S.p.A.
Groupe Beneteau
Hanse Group
Heesen Luxury Yachts
Princess Luxury Yachts
Royal Huisman Shipyard B.V.
Sanlorenzo S.p.A
Sunseeker International Ltd.
Viking Luxury Yachts

Azimut Benetti and Sanlorenzo Spa is major companies, holding over 15% of the market share. Azimut Benetti offers a diverse range of luxury yachts, including motor yachts and superyachts, catering to various sizes and preferences. Their extensive portfolio allows them to appeal to a broad spectrum of clients, from those seeking smaller, more agile yachts to those desiring mega yac

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Luxury yacht market size reached USD 9.9 billion in 2022 and is set to expand at 6.7% CAGR from 2023 to 2032, led by growing popularity in the booming tourism sector to render unique & exclusive experiences.

Cruiser luxury yacht segment held around 60% revenue share in 2022, attributed to their increasing preference due to enhanced comfort and the ability to explore longer distances.

North America accounted for more than 30% of the market share in 2022, owing to the strong economy and high disposable income levels in the region.

Some of the leading companies in the market are Azimut Benetti, Damen Yachting, Ferretti S.p.A., Groupe Beneteau, Hanse Group, Heesen Yachts, Lürssen Yachts, Royal Huisman Shipyard B.V., Sanlorenzo S.p.A, Sunseeker International Ltd., and Viking Yacht Company.