Automotive Industry
The United States luxury yacht market reached a value of US$ 3.0 Billion in 2023. As per the analysis by IMARC Group, the leading companies in the United States luxury yacht market are focusing on offering innovative designs and incorporating new technologies to enhance the performance, comfort, and safety of their vessels. Moreover, leading luxury yacht companies are integrating high degree of customization and personalization in their vessels and offering a range of options for interior and exterior design, layout, and features. They are also focusing on developing more sustainable and environmentally responsible vessels using energy-efficient systems and eco-friendly materials. Furthermore, they are offering comprehensive maintenance and repair services worldwide. Looking forward, the market value is expected to reach US$ 6.5 Billion by 2032, growing at a CAGR of 8.5% during the forecast period (2024-2032).
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The United States luxury yacht market has several major players, including Burger Boat Company, Christensen Shipyards LLC, Deltamarine Ltd., Derecktor Shipyards Conn., LLC, Hargrave Custom Yachts, White River Marine Group, LLC, Horizon Yacht USA, and Westport Yachts. More information about these companies has been provided below.
Establishment: |
1863 |
Headquarters: |
Wisconsin |
Website: |
https://www.burgerboat.com/ |
Burger Boat Company is a yacht-building company known for its attention to detail and craftsmanship. It offers excellence in design, engineering, and construction in new yacht construction, yacht refits and upgrades, and custom furniture and cabinetry. It also provides a number of notable yachts for private clients and commercial operators. It follows a collaborative approach of working with clients to create personalized yachts that reflect their unique styles and preferences. It also places a strong emphasis on sustainability and environmental responsibility and incorporates eco-friendly technologies and practices into its yachts.
Establishment: |
2015 |
Headquarters: |
Washington |
Website: |
https://www.christensenyachts.com/ |
Christensen Shipyards LLC is a yacht builder that uses advanced materials and technologies for building high-quality luxury yachts. It specializes in custom yacht construction that is tailored to the individual needs and preferences of its clients. It offers a range of services, including design and engineering, project management, and interior design and outfitting. At present, the company is using carbon fiber composite construction to create more efficient, lightweight, and environment-friendly yachts and focusing on delivering world-class seagoing motor yachts with the highest standards of excellence.
Establishment: |
1970 |
Headquarters: |
Washington |
Website: |
https://www.deltamarine.com/ |
Deltamarine Ltd is a family-owned and -operated yacht builder that delivers world-class yachts of the highest distinction. It focuses on innovative design, advanced technology, and composite construction and facilitates full-service refit and repair facilities. It also implements various eco-friendly practices in its operations, which include solar power and recycling of materials, and incorporates sustainable practices, such as hybrid propulsion systems and waste management systems. Presently, the company offers extraordinary yachts that are among some of the finest luxury vessels in the world.
Establishment: |
1947 |
Headquarters: |
New York |
Website: |
https://derecktor.com/ |
Derecktor Shipyards is a custom yacht builder and commercial shipyard that offers a range of services, including new yacht construction, yacht refits and upgrades, and repair and maintenance services for commercial vessels. It is known for its expertise in engineering, design, and construction and is also involved in the development of marine technology with several research organizations to advance the science of shipbuilding and marine engineering. The company currently handles projects of various sizes and complexity, from small luxury yachts to large commercial vessels.
Establishment: |
1957 |
Headquarters: |
Florida |
Website: |
https://hargravecustomyachts.com/ |
Hargrave Custom Yachts offers a range of services, including new yacht construction, yacht refits and upgrades, and yacht management and maintenance services. Its yacht-building process involves a team of experienced designers and engineers that work closely with the client to create unique and custom-made yachts. The company constantly focuses on innovation and technology and developed a proprietary hybrid propulsion system for yachts, which reduces fuel consumption and emissions. It also incorporated advanced entertainment and communication systems into its vessels.
Establishment: |
1978 |
Headquarters: |
Missouri |
Website: |
https://www.whiterivermg.com/ |
White River Marine Group, LLC is a leading manufacturer of boats and marine accessories that acquired Hatteras Yachts Company in 2021. The company offers a wide range of boat brands, including Tracker, Nitro, Tahoe, Sun Tracker, Regency, and Mako. It covers a variety of boats, including fishing, pontoons, and luxury yachts. In addition, it offers marine accessories, including boat covers, bimini tops, and fishing equipment. It is known for its high quality, durability, and innovative features. It also uses advanced materials and construction techniques to ensure that its boats are strong, reliable, and safe.
Establishment: |
1987 |
Headquarters: |
California |
Website: |
https://www.horizonyachtusa.com/ |
Horizon Yacht USA incorporates fundamental yacht manufacturing equipment and systems, including testing equipment. It uses 3D resin infusion technology that transforms the original 2D resin flow on surfaces to 3D flow, which climbs up and down internal stiffeners and enables larger structures. Moreover, it is utilizing infusion technology to offer stronger and lighter yachts. The company broke the world record with a 130ft (40m) hull and stiffeners infused in one shot, and it is successfully producing five 130 ft-plus (40M) hulls using this improved 3D infusion technology.
Establishment: |
1964 |
Headquarters: |
Washington |
Website: |
https://westportyachts.com/ |
Westport Yachts is a leading luxury yacht builder that offers a wide range of yacht models, including motor yachts, tri-deck yachts, and sport yachts, with lengths ranging from 85 to 164 feet. In addition to yacht sales, the company offers yacht management and charter services, providing owners with support and resources to help them get the most out of their yachts. At present, it holds a strong reputation in the luxury yacht market and employs a strong commitment to sustainability.
About Author:
Aditi Kumar Senior Content Writer at IMARC Services Private Limited Aditi is a content writer and editor at IMARC Services Private Limited with over two years of experience in market research, covering diverse sectors from information technology to healthcare, automotive, oil and gas, food and beverage, and electronics. She actively works on numerous predictive and exploratory research projects and has hands-on experience analyzing and writing about macro and micro markets. Besides writing, Aditi loves baking and reading novels. |
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