MarketReportsOnline.com adds “Studying the Middle East Yacht Industry" report to its research store.
Pune, Maharashtra -- (SBWIRE) -- 02/03/2017 -- In 2014, the global yacht charter market was valued at USD 35 billion and is projected to reach USD 51 billion by 2020, growing at a CAGR of 6.5% during the forecast period. Region wise, Eastern Europe is expected to see the largest growth of 7.2% annually with other regions growing at an average rate of 6.5%. The emerging markets including the Middle East and China are expected to continue growing consistently.
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The Middle East yacht market has been experiencing an approximate annual growth of 5-10%. In 2015, new licenses issued for water craft of all types almost doubled, and reached 1,623, as compared to 698 licences the year before.
The Middle East is the most important superyacht (40 metres and above) market globally. While conventionally, Western Europe and North America are the major markets for superyachts, the affluence of the Middle East is shifting the industry dynamics towards this region, owing to the larger share of wealthy clientele. Approximately 193 superyachts are owned by people from the Middle East, accounting for 12% of the global fleet of yachts more than 40 metres in length. Azzam, the largest yacht in the world as well as approximately a third of the other 200 largest yachts internationally are owned by the citizens of the Middle East.
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Key Reasons to buy:
The report 'Middle East Yacht Industry' highlights key drivers of and trends emerging in the Middle East yacht industry. The Initiatives and performance of key players including Sunseeker International, Ferretti Group, Azimut Benetti, Princess Yachts International Plc and Gulf Craft Inc.The current market scenario and future prospects of the sector has also been examined.Emerging yacht markets other than the Middle East have been studied as part of this report. The report contains latest industry-related opinions.
Table of Contents
1. Global Yacht Market
1.2 Performance & Market Statistics
2. Middle East Yacht Market
2.2 Performance & Market Statistics
2.3 Market Drivers
3. Competitive Landscape
3.1 Sunseeker International
3.2 Sanlorenzo SPA
3.3 Ferretti Group
3.4 Azimut Benetti
3.5 Princess Yachts International Plc
3.6 Gulf Craft Inc.
4. Other Emerging Yacht Markets
6. Industry Leader's Verbatim
7. List of charts & Graphs
7.1 Global Leading Yacht Builders by Number of Orders (2014)
7.2 Global Largest Motor Yachts Ranked by length (2015, meters)
7.3 Superyacht Deliveries by Country (2015)
7.4 Global Superyacht Deliveries (2010-2016 June, number)
7.5 2014 Middle East Yacht Order Book
8. Research Methodology
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