The Luxury Mega Yachts Market size is expected to grow at an annual average of 6% during 2021-2027. A luxury yacht is a large, luxurious professional crew motor or sailing yacht with a length that extends from 75 feet to over 250 feet. Luxury yachts are often offered for charter as well as for personal purposes to provide a smooth luxury experience full of high standards and comfort. Products traditionally manufactured using wood, fiber-reinforced polymers and composites have grown in popularity over the past few years. The demand for luxury yachts has grown steadily over the past few years. This is interpreted as a change in lifestyle due to an increase in high-value assets, an increase in leisure and leisure trends, and a surge in yacht tourism trends.
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Company Profile
- Alexander Marine Co Ltd
- Damen Shipyards Group
- Azimut Benetti S.p.A.
- Feadship
- FERRETTI S.P.A.
- Horizon Yacht USA
- Princess Yachts International plc
- Sanlorenzo Spa
- Sunseeker International Limited
- Viking Yacht Company
Market – Segmentation
By Type
- Sailing Luxury Yacht
- Motorized Luxury Yacht
- Others
By Size
- 75-120 feet
- 121-250 feet
- Above 250 feet
By Material
- FRP/Composites
- Metal/Alloys
- Others
Scope of the Report
The research study analyzes the Global Luxury Mega Yachts Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Luxury Mega Yachts Market Report
1. What was the Luxury Mega Yachts Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Luxury Mega Yachts Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Luxury Mega Yachts Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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