Luxury Yacht Market Globally Grow at a CAGR of 7.01% by Revenue During the Forecast Period 2017-2020

Luxury yachts include modern convenience features such as air conditioners (ACs), televisions, navigation aids, radars, echo-sounding systems, autopilot facility, and power-generating system. The market is driven by several factors, including rising luxury tourism and recreational events. Yachts are often an extension of a status symbol for the HNWI population. This is because they fall into the ultra-luxury goods category along with luxury cars, watches, and jewelry.

Technavios analysts forecast the global luxury yacht market to grow at a CAGR of 7.01% during the period 2016-2020.

Covered :
The report covers the present scenario and the growth prospects of the global luxury yacht market for 2016-2020. To calculate the market size, the report includes the major drivers that are influencing the growth of the luxury yacht market.

Segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Luxury Yacht Market 2016-2020, 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.

Get PDF for more Professional and Technical insights @ http://www.researchmoz.us/enquiry.php?type=S&repid=902790

Key vendors
AMELS
Azimut | Benetti
Feadship
ISA Yacht
Overmarine Group

Other prominent vendors
Abeking & Rasmussen
Anastassiades & Tsortanides
Arcadia Yachts
Astondoa
Austral Yachts
Bilgin
Bloemsma Van Breemen
Cammenga
Canados
Cantiere delle Marche
Cantieri di Pisa
Castagnola
Chediek
CNB
Corsair Marine
Couach Yachts

Key driver
Increase in tourism and recreational events across the globe.
For a full, detailed list, view our report

Key challenge
Motor luxury yachts have high operational costs.
For a full, detailed list, view our report

Key trend
Increasing preference for enhanced technologies to build yachts.
For a full, detailed list, view our report

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