Cruising Super-Yacht Market was valued at USD 15.5 Billion in 2022 and is projected to reach USD 23.8 Billion by 2030, growing at a CAGR of 6.8% from 2024 to 2030.
The global cruising super-yacht market was valued at approximately $9.5 billion in 2022, demonstrating a steady growth trajectory. The market is projected to expand at a compound annual growth rate (CAGR) of 5.2% from 2023 to 2028. This growth is driven by increasing consumer wealth, rising demand for luxury experiences, and advancements in yacht technology. The affluent consumer segment continues to drive demand for high-end, bespoke yachts equipped with state-of-the-art amenities, contributing to the market's expansion. Additionally, the trend toward personalized and unique maritime experiences has heightened the interest in super-yachts, thereby bolstering market growth.
Opportunity analysis reveals significant potential in emerging markets, particularly in regions such as Asia-Pacific and the Middle East. These areas are witnessing a rise in affluent individuals seeking luxury yachts, providing ample opportunities for market growth. Moreover, the growing popularity of yacht chartering and rental services is anticipated to further stimulate market expansion. As the market evolves, innovations in yacht design and sustainability will likely open new avenues for growth, catering to the increasing demand for eco-friendly and technologically advanced super-yachts.
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Cantiere Delle Marche
Azimut
Benetti
Overmarine
Cantieri Navali San Lorenzo
Feadship
Wider
Otam
Burger
Wesport
Palmer Johnson
Wally
Horizon
Oceanco
Baglietto spa
Heesen
Vicem Yachts
Couach
Majesty Yachts
Admiral yachts
Extra Yachts
Vanquish Yachts
TURQUOISE YACHTS
Inace
Sanlorenzo
Ferretti Group
Ocean Alexander
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 Cruising Super-Yacht Market
Personal
Travel Agency
Other
Based on Types the Market is categorized into Below types that held the largest Cruising Super-Yacht market share In 2023.
Displacement Hull
Planing Hull
Global (United States, Global 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 Cruising Super-Yacht 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 Cruising Super-Yacht Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Cruising Super-Yacht Market, By Type
6. Global Cruising Super-Yacht Market, By Application
7. Global Cruising Super-Yacht Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Cruising Super-Yacht Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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