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Yacht Market Share

  • Report ID: GMI5108
  • Published Date: Oct 2023
  • Report Format: PDF
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Yacht Market Share

Major players operating in the Yacht industry are:

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

Sanlorenzo Spa and Lürssen is major market player in Yacht market, holding over 10% of the market share. Sanlorenzo has a reputation for innovative yacht design and a commitment to creating unique and customized yachts. To continue its growth, the company focuses on developing designs and incorporating advanced technologies into its yachts. Lürssen is known for building the largest and luxury superyachts in the world. To maintain its position, the company continue to focus on constructing high-end, custom-built vessels that cater to ultra-high-net-worth individuals.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of yacht was worth USD 11.04 billion in 2022 and will register 6.7% CAGR from 2023 to 2032, due to the increasing technological advancements, such as advanced navigation systems, eco-friendly propulsion systems, and onboard automation in yacht systems worldwide.

Yacht market from the cruiser type segment held over 60% revenue share in 2022 and is expected to witness significant growth from 2023 to 2032, on account of its versatility and broad appeal.

North America held over 35% share of the yacht industry in 2022 and is expected to witness commendable growth from 2023 to 2032, owing to the presence of strong economy with significant population of high-net-worth individuals having an affinity for yachting in the region.

Azimut Benetti, Damen Yachting, Ferretti S.p.A., Groupe Beneteau, and Hanse Group are some of the major yacht companies worldwide.

Yacht Market Scope

  • Yacht Market Size
  • Yacht Market Trends
  • Yacht Market Analysis
  • Yacht Market Share

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    Premium Report Details

    • Base Year: 2022
    • Companies covered: 16
    • Tables & Figures: 445
    • Countries covered: 17
    • Pages: 200
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