Global Luxury Yacht Market 2018-2022

LONDON, August 15, 2018  /PRNewswire/ -- About Luxury Yacht

Yachts are recreational boats designed with luxury amenities, which are purchased by people belonging to the high-income group. Yachts that are greater than 24 meters long are known as luxury yachts, superyachts, mega yachts, or large yachts.

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Technavio's analysts forecast the global luxury yacht market to register a CAGR of 11.63% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global luxury yacht market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
? Americas
? APAC
? EMEA

Technavio's report, Global Luxury Yacht Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
? Amels
? Azimut Benetti
? Feadship
? ISA Yachts
? OVERMARINE GROUP

Market driver
? Increase in recreational tourism
? For a full, detailed list, view our report

Market challenge
? High cost of operations
? For a full, detailed list, view our report

Market trend
? Focus of yacht makers on emerging markets
? For a full, detailed list, view our report

Key questions answered in this report
? What will the market size be in 2022 and what will the growth rate be?
? What are the key market trends?
? What is driving this market?
? What are the challenges to market growth?
? Who are the key vendors in this market space?

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