Yachts with length greater than 79 feet are known as luxury yachts. They are mainly used for recreational purposes which are equipped with modern convenience features such as ACs, TV, navigation aids, radar, echo-sounding, autopilot, and reliable power generating systems.
The consumption volume of luxury yacht is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of luxury yacht market might be slightly slow. But it is surely forecasted that the market of luxury yacht is still promising.

Market Analysis and Insights: Global Luxury Yacht Market
The global Luxury Yacht market was valued at US$ 11100 in 2020 and will reach US$ 15830 million by the end of 2027, growing at a CAGR of 6.1% during 2022-2027.

Global Luxury Yacht Scope and Market Size
The global Luxury Yacht market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Luxury Yacht market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

Segment by Type
Motor Luxury Yachts
Sailing Luxury Yachts

Segment by Application
Private Use
Commercial Use

The Luxury Yacht market is analysed and market size information is provided by regions (countries). Segment by Application, the Luxury Yacht market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

By Company
Azimut/Benetti
Sunseeker
Sanlorenzo
Feadship
Oceanco
Ferretti Group
Princess Yachts
Amels / Damen
Horizon
Westport
Overmarine
Trinity Yachts
Heesen Yachts
Lürssen
Cerri - Baglietto