Global Yacht (Propulsion, Category, Type, Length, & Region) Market Insights and Forecasts, 2022 and 2023-2026 - ResearchAndMarkets.com
The global yacht market is expected to reach US$12.36 billion in 2023, growing at a CAGR of 7.02% during the forecast period.
- The global yacht market is expected to reach US$12.36 billion in 2023, growing at a CAGR of 7.02% during the forecast period.
- Some of the variables driving market growth include a rise in income inequality, increased disposable income, and a favourable macroeconomic outlook.
- By Propulsion: The market report has segmented the global yacht market into three segments in terms of propulsion: Outboard & Inflatables, Inboard, and Sailing.
- By Type: According to report, the market has been segmented into five segments on the basis of type: Super Yacht, Sport Yacht, Flybridge Yacht, Long Range Yacht, and Others.