Enjoy complimentary customisation on priority with our Enterprise License!
The global luxury yacht market witnessed sales of 412 luxury yachts in 2014, and the European market emerged as its largest contributor with revenues close to $2 billion. Europe has been the key market for luxury products primarily because of the high per capita income and large HIN segment among the population. Also, European consumer behavior of ‘advanced life-style’ is a key driver for the luxury yacht market.
Based on propulsion, the market can be categorized into two segments: motor luxury yachts and sailing luxury yachts. In 2014, the motor luxury yachts segment dominated the market. Traditionally, western regions, primarily Europe and North America, have been the key markets for luxury yachts.
Motor yachts constitute the majority of yacht market. Sail propulsion yachts account for a fairly lower share of the overall yacht market. These are largely popular among racing enthusiasts. These are also more eco-friendly than motor yachts, and typically attract environmentally-conscious buyers ultra HNIs.
In terms of unit shipments, the 100-119 feet segment is expected to gain dominance in the luxury yacht market in Europe during the forecast period. By 2019, the segment is expected to account for 26% of the market.
The luxury yacht market in Europe is characterized by the presence of well-diversified international and regional builders. The international builders (both custom and semi-custom) are increasing their footprint, especially regarding features such as quality, technology, and price. The competitive environment in this market is expected to intensify further with an increase in tooling for new models, product/service extensions, and innovations in technology to lure custom boat buyers.
The other prominent vendors of the market include Abeking & Rasmussen, Admiral, Alalunga, Anastassiades, Arcadia Yachts, Arcon Yachts, Astondoa, Austral Yachts, Baltic Yachts, Bilgin, Bloemsma Van Breemen, Boat Speed, Bolero Yachts, Cammenga, Canados, Cantiere delle Marche, Cantieri di Pisa, Castagnola, Chediek, CNB, Corsair, Couach Yachts, CRN, Danish Yachts, De Schepper, Derecktor, Falcon Yachts, Ferretti, Fitzroy Yachts, Geta Corp, Green Marine, Guy Couach, Haak, Hakvoort, Holland Jachtbouw, Horizon, ICON Yachts, and Inace.
Technavio also offers customization on reports based on specific client requirement.
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Overview of global luxury yacht market
Luxury yacht market in Europe
Five forces analysis
PART 06: Market segmentation by size
Luxury yacht market in Europe by size segmentation 2014
Luxury yacht market in Europe by size 2014-2019
PART 07: Market segmentation by propulsion
Luxury yacht market in Europe by propulsion 2014
Luxury yacht market in Europe by propulsion 2014-2019
Sailing luxury yacht market in Europe
Motor luxury yacht market in Europe
PART 08: Key leading countries
Germany
Italy
The Netherlands
UK
PART 09: Market growth drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
Competitive scenario
Other prominent vendors
PART 15: Key vendor analysis
Amels
Azimut Benetti
Feadship
ISA Group
Lürssen
Overmarine
Sunseeker International
Heesen
Perine Navi Spa
PART 16: Appendix
List of abbreviation
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.