Small Yachts Market size was valued at USD 9.2 Billion in 2024 and is forecasted to grow at a CAGR of 5.6% from 2026 to 2033, reaching USD 14.8 Billion by 2033.
In 2022, the global small yachts market was valued at approximately USD 8.3 billion, with projections indicating growth to USD 8.9 billion in 2023, reflecting a compound annual growth rate (CAGR) exceeding 7%. North America held the largest market share, contributing around 40% of the revenue, followed by Europe at 30%, and Asia Pacific at 20%. The Asia Pacific region is anticipated to experience the fastest growth, with a projected CAGR of 7.5%, driven by increasing demand for luxury vessels in countries like China and Japan. Opportunities within the small yachts market are expanding, particularly in the commercial sector, including yacht charter services, which is expected to grow rapidly due to the rising demand for luxury tourism and maritime leisure activities globally. Additionally, the increasing adoption of electric and hybrid propulsion systems presents significant growth potential, aligning with the global push towards sustainable and eco friendly boating solutions.
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Azimut/Benetti
Sunseeker
Sanlorenzo
Feadship
Oceanco
Ferretti Group
Princess Yachts
Amels / Damen
Horizon
Westport
Overmarine
Trinity Yachts
Heesen Yachts
L�rssen
Cerri - Baglietto
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Small Yachts Market
Sailboats
Motor Yachts
Catamarans
Cruisers
Day Sails
Recreational
Sport Fishing
Charter Services
Racing
Liveaboard
1-2 Passengers
3-5 Passengers
6-10 Passengers
10+ Passengers
Fiberglass
Aluminum
Composite Materials
Wood
Steel
Under $50,000
$50,000 - $100,000
$100,000 - $250,000
Above $250,000
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Small Yachts Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Small Yachts Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Small Yachts Market, By Type
6. Global Small Yachts Market, By Application
7. Global Small Yachts Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Small Yachts Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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