Luxury Yacht Market in Europe Is Poised to Decline at a CAGR of 3.45% over 2015-2019
Yachts with length greater than 24 feet are known as luxury, super, mega, or large yachts. They are segmented based on size and propulsion and are mainly used for recreational purposes. They include modern convenience features such as ACs, TV, navigation aids, radar, echo-sounding, autopilot, and reliable power generating systems.
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