Superyacht Market, By Yacht Type (Motor Yacht, Sailing Yacht, and Others), By Yacht Size (Below 40 Meter, 40-80 Meters, and Above 80 Meters), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Jul 2024

Code : CMI2333

Pages :195

Formats :

Excel and PDF

Industry : Automotive and Transportation

Regional Analysis

Superyacht Market Regional Insights

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The North America region is expected to dominate the market and is expected to hold 34.5% of the market share in 2024. The region's strong demand is driven by factors such as the presence of renowned yachting destinations, a growing yacht tourism industry, and an increasing number of high-net-worth individuals. North America is home to several top superyacht builders, including Christensen Shipyards, Trinity Yachts, and Palmer Johnson, further contributing to the market growth.

The Asia Pacific region is projected to experience significant growth in the superyacht market. This growth can be attributed to the rising affluence of the population, particularly in countries like China and India, and the increasing interest in luxury yachting among the region's high-net-worth individuals.