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Luxury Yacht Market - Global Industry Size, Share, Trends, Opportunity, & Forecast, 2020-2030- Product Image
Luxury Yacht Market - Global Industry Size, Share, Trends, Opportunity, & Forecast, 2020-2030- Product Image
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Luxury Yacht Market - Global Industry Size, Share, Trends, Opportunity, & Forecast, 2020-2030

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    Report

  • 180 Pages
  • November 2025
  • Region: Global
  • TechSci Research
  • ID: 5950361
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Sports Yacht is the fastest growing segment, North America is the largest market globally

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The Global Luxury Yacht Market, valued at USD 9.90 Billion in 2024, is projected to experience a CAGR of 7.20% to reach USD 15.02 Billion by 2030. A luxury yacht is a privately owned, high-value vessel designed primarily for leisure, comfort, and entertainment, distinguished by its bespoke amenities and advanced technological integrations. The market's growth is primarily supported by the increasing global population of high-net-worth individuals, a sustained demand for exclusive private travel experiences, and the expansion of global luxury yacht charter services.

Key Market Drivers

The sustained expansion of the global high-net-worth (HNW) and ultra-high-net-worth (UHNW) individual population serves as a foundational driver for the luxury yacht market, directly influencing the accessible client base. This demographic segment possesses the requisite discretionary wealth for significant luxury asset acquisitions and the associated operational costs. According to Business Forum, in April 2025, reporting on Knight Frank's latest Wealth Report, the number of HNWIs globally with over US$10 million in assets increased by 4.4% to 2,341,378 in 2024, underscoring a growing pool of potential yacht owners and charter clients.

Key Market Challenges

Macroeconomic instability and geopolitical uncertainties present a notable impediment to the growth of the Global Luxury Yacht Market. Such global conditions directly influence the purchasing behavior of high-net-worth individuals, who typically reduce discretionary spending on luxury assets during periods of economic uncertainty or heightened global tension. This immediate reduction in consumer confidence translates directly into a weakened demand for new and pre-owned luxury yachts.

Key Market Trends

The Global Luxury Yacht Market is significantly influenced by the escalating adoption of sustainable yachting technologies. This trend reflects a growing industry commitment to environmental responsibility, addressing both consumer demand for eco-conscious vessels and increasing regulatory pressures for reduced emissions. Manufacturers are actively integrating advanced solutions such as hybrid and electric propulsion systems, alternative fuels, and energy-efficient onboard operations. According to the International Council of Marine Industry Associations (ICOMIA) in November 2023, new research outlined a portfolio of technologies aimed at decarbonizing recreational boating, with sustainable liquid marine fuels expected to reduce carbon emissions by as much as 90% by 2035 without compromising performance.

Key Market Players Profiled:

  • Azimut Benetti
  • Damen Yachting
  • Ferretti S.p.A.
  • Groupe Beneteau
  • Hanse Group
  • Heesen Luxury Yachts
  • Princess Luxury Yachts
  • Royal Huisman Shipyard BW.
  • Sanlorenzo S.p.A
  • Sunseeker International Ltd.

Report Scope:

In this report, the Global Luxury Yacht Market has been segmented into the following categories:

By Type:

  • Flybridge Yacht
  • Sports Yacht
  • Cruiser Yacht

By Length:

  • 24 - 45 Meters
  • Above 45 Meters

By Propulsion:

  • Motor
  • Sail

By Region:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Luxury Yacht Market.

Available Customizations:

With the given market data, the publisher offers customizations according to a company's specific needs. The following customization options are available for the report:
  • Detailed analysis and profiling of additional market players (up to five).

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Table of Contents

1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Luxury Yacht Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Type (Flybridge Yacht, Sports Yacht, Cruiser Yacht)
5.2.2. By Length (24 - 45 Meters, Above 45 Meters)
5.2.3. By Propulsion (Motor, Sail)
5.2.4. By Region
5.2.5. By Company (2024)
5.3. Market Map
6. North America Luxury Yacht Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type
6.2.2. By Length
6.2.3. By Propulsion
6.2.4. By Country
6.3. North America: Country Analysis
6.3.1. United States Luxury Yacht Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Type
6.3.1.2.2. By Length
6.3.1.2.3. By Propulsion
6.3.2. Canada Luxury Yacht Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Type
6.3.2.2.2. By Length
6.3.2.2.3. By Propulsion
6.3.3. Mexico Luxury Yacht Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Type
6.3.3.2.2. By Length
6.3.3.2.3. By Propulsion
7. Europe Luxury Yacht Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Length
7.2.3. By Propulsion
7.2.4. By Country
7.3. Europe: Country Analysis
7.3.1. Germany Luxury Yacht Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Type
7.3.1.2.2. By Length
7.3.1.2.3. By Propulsion
7.3.2. France Luxury Yacht Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Type
7.3.2.2.2. By Length
7.3.2.2.3. By Propulsion
7.3.3. United Kingdom Luxury Yacht Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Type
7.3.3.2.2. By Length
7.3.3.2.3. By Propulsion
7.3.4. Italy Luxury Yacht Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Type
7.3.4.2.2. By Length
7.3.4.2.3. By Propulsion
7.3.5. Spain Luxury Yacht Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Type
7.3.5.2.2. By Length
7.3.5.2.3. By Propulsion
8. Asia Pacific Luxury Yacht Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Length
8.2.3. By Propulsion
8.2.4. By Country
8.3. Asia Pacific: Country Analysis
8.3.1. China Luxury Yacht Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Type
8.3.1.2.2. By Length
8.3.1.2.3. By Propulsion
8.3.2. India Luxury Yacht Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Type
8.3.2.2.2. By Length
8.3.2.2.3. By Propulsion
8.3.3. Japan Luxury Yacht Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Type
8.3.3.2.2. By Length
8.3.3.2.3. By Propulsion
8.3.4. South Korea Luxury Yacht Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Type
8.3.4.2.2. By Length
8.3.4.2.3. By Propulsion
8.3.5. Australia Luxury Yacht Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Type
8.3.5.2.2. By Length
8.3.5.2.3. By Propulsion
9. Middle East & Africa Luxury Yacht Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Length
9.2.3. By Propulsion
9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
9.3.1. Saudi Arabia Luxury Yacht Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Type
9.3.1.2.2. By Length
9.3.1.2.3. By Propulsion
9.3.2. UAE Luxury Yacht Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Type
9.3.2.2.2. By Length
9.3.2.2.3. By Propulsion
9.3.3. South Africa Luxury Yacht Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Type
9.3.3.2.2. By Length
9.3.3.2.3. By Propulsion
10. South America Luxury Yacht Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By Length
10.2.3. By Propulsion
10.2.4. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Luxury Yacht Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Type
10.3.1.2.2. By Length
10.3.1.2.3. By Propulsion
10.3.2. Colombia Luxury Yacht Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Type
10.3.2.2.2. By Length
10.3.2.2.3. By Propulsion
10.3.3. Argentina Luxury Yacht Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Type
10.3.3.2.2. By Length
10.3.3.2.3. By Propulsion
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments
13. Global Luxury Yacht Market: SWOT Analysis
14. Porter's Five Forces Analysis
14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products
15. Competitive Landscape
15.1. Azimut Benetti
15.1.1. Business Overview
15.1.2. Products & Services
15.1.3. Recent Developments
15.1.4. Key Personnel
15.1.5. SWOT Analysis
15.2. Damen Yachting
15.3. Ferretti S.p.A.
15.4. Groupe Beneteau
15.5. Hanse Group
15.6. Heesen Luxury Yachts
15.7. Princess Luxury Yachts
15.8. Royal Huisman Shipyard BW.
15.9. Sanlorenzo S.p.A
15.10. Sunseeker International Ltd.
16. Strategic Recommendations17. About the Publisher & Disclaimer

Companies Mentioned

  • Azimut Benetti
  • Damen Yachting
  • Ferretti S.p.A.
  • Groupe Beneteau
  • Hanse Group
  • Heesen Luxury Yachts
  • Princess Luxury Yachts
  • Royal Huisman Shipyard BW.
  • Sanlorenzo S.p.A
  • Sunseeker International Ltd.

Table Information

Report AttributeDetails
No. of Pages180
PublishedNovember 2025
Forecast Period2024 - 2030
Estimated Market Value ( USD ) in 2024 $ 9.9 Billion
Forecasted Market Value ( USD ) by 2030 $ 15.02 Billion
Compound Annual Growth Rate7.2%
Regions CoveredGlobal
No. of Companies Mentioned10

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