Global Yacht Market Size & Outlook, 2023-2030
Global yacht market, 2017-2030 (US$M)
Related Markets
Global yacht market highlights
- The global yacht market generated a revenue of USD 9,379.0 million in 2023 and is expected to reach USD 13,953.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.8% by 2030.
- In terms of segment, super yacht accounted for a revenue of USD 2,850.0 million in 2023.
- Sport Yacht is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 9,379.0 million |
| Market revenue in 2030 | USD 13,953.8 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Super yacht |
| Fastest growing segment | Sport Yacht |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Super Yacht, Flybridge Yacht, Sport Yacht, Long Range Yacht |
Other key industry trends
- In terms of revenue, the North America accounted for 31.2% of the global yacht market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 181.9 million by 2030.
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Yacht Market Scope
Yacht Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global yacht market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to yacht market will help companies and investors design strategic landscapes.
Super yacht was the largest segment with a revenue share of 30.39% in 2023. Horizon Databook has segmented the Global yacht market based on super yacht, flybridge yacht, sport yacht, long range yacht covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Yacht Type Outlook (Revenue, USD Million, 2017-2030)
- Super Yacht
- Flybridge Yacht
- Sport Yacht
- Long Range Yacht
- Others
- Global Yacht Length Outlook (Revenue, USD Million, 2017-2030)
- Upto 20 m
- 20 to 50 m
- Above 50 m
- Global Yacht Propulsion Outlook (Revenue, USD Million, 2017-2030)
- Motor Yacht
- Sailing Yacht
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Target buyers of Global yacht market databook
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Our clientele includes a mix of yacht market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global yacht market , including forecasts for subscribers. This global databook contains high-level insights into Global yacht market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global yacht market size, by region, 2017-2030 (US$M)
Top 10 countries: Yacht market size, 2023 (US$M)
Global yacht market share, by type, 2023 & 2030 (%, US$M)
Yacht market: Opportunity assessment by country
Global yacht market, by region, 2023 (US$M)
| Type | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 505.6 | 533.5 | 546.4 | 558.5 | 568.9 | 582.3 | 599.8 | 615.8 | 634.1 | 654.2 | 674.2 | 694.7 | 715.7 | 737.2 | 2.7% |
| Europe | 2,544.2 | 2,642.7 | 2,759.3 | 2,874.7 | 3,012.5 | 3,171.1 | 3,328.3 | 3,544.1 | 3,782.0 | 4,006.5 | 4,261.3 | 4,534.6 | 4,828.4 | 5,144.7 | 6.0% |
| North America | 2,221.5 | 2,339.4 | 2,450.0 | 2,559.1 | 2,663.8 | 2,784.2 | 2,928.6 | 3,067.3 | 3,218.3 | 3,397.9 | 3,581.2 | 3,776.4 | 3,984.6 | 4,207.1 | 5.0% |
| MEA | 656.2 | 690.4 | 713.8 | 735.8 | 756.4 | 782.0 | 814.6 | 846.8 | 883.8 | 922.9 | 964.0 | 1,007.3 | 1,053.1 | 1,101.4 | 4.1% |
| Asia Pacific | 1,188.3 | 1,265.7 | 1,340.0 | 1,417.9 | 1,498.8 | 1,595.6 | 1,707.8 | 1,820.2 | 1,942.6 | 2,086.8 | 2,237.1 | 2,399.2 | 2,574.2 | 2,763.4 | 6.6% |
| Overall | 7,115.9 | 7,471.7 | 7,809.5 | 8,146.0 | 8,500.4 | 8,915.2 | 9,379.0 | 9,894.3 | 10,460.8 | 11,068.4 | 11,717.8 | 12,412.2 | 13,156.0 | 13,953.8 | 5.8% |
Related regional statistics
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