Market Overview:
The United States luxury yacht market is expected to exhibit strong growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Luxury yachts are sailing vehicles that are used for recreational and sports activities. They are generally operated with wind sailing or a propulsion system like an internal combustion engine (ICE) and gas turbine. Luxury yachts are charted or rented by private entities and are accommodated with sophisticated, luxurious, and personalized facilities like a jacuzzi, spa, gymnasium, sauna and sun pads. In the United States, luxury yachts are provided on lease by yacht fleet operators for organizing business meetings, recreational activities and events.
The United States luxury yacht market is primarily driven by the increasing investments in yachts due to the changing lifestyle and growing involvement of people in marine recreational activities. Market players are also equipping luxury yachts with modern designs and technologically advanced components to improve the safety and durability of the boat and enhance the overall performance and user experience. Besides this, high income levels and spending capacities of consumers have escalated the demand for luxury yachts. Furthermore, the utilization of advanced structural materials, such as fiberglass, and the development of customized solutions according to specific requirements of consumers are also contributing to the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the United States luxury yacht market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, type, size, material and application.
Breakup by Type:
- Sailing Luxury Yacht
- Motorized Luxury Yacht
- Others
Breakup by Size:
- 75-120 Feet
- 121-250 Feet
- Above 250 Feet
Breakup by Material:
- FRP/ Composites
- Metal/ Alloys
- Others
Breakup by Application:
Breakup by Region:
- Northeast
- Midwest
- South
- West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key Questions Answered in This Report:
- How has the United States luxury yacht market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States luxury yacht market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the size?
- What is the breakup of the market based on the material?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the United States luxury yacht market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 United States Luxury Yacht Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Sailing Luxury Yacht
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Motorized Luxury Yacht
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Size
7.1 75-120 Feet
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 121-250 Feet
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Above 250 Feet
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Material
8.1 FRP/ Composites
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Metal/ Alloys
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Application
9.1 Commercial
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Private
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Region
10.1 Northeast
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Midwest
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 South
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 West
10.4.1 Market Trends
10.4.2 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Policy and Regulatory Landscape
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
List of Figures
Figure 1: United States: Luxury Yacht Market: Major Drivers and Challenges
Figure 2: United States: Luxury Yacht Market: Sales Value (in Million US$), 2015-2020
Figure 3: United States: Luxury Yacht Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: United States: Luxury Yacht Market: Breakup by Type (in %), 2020
Figure 5: United States: Luxury Yacht Market: Breakup by Size (in %), 2020
Figure 6: United States: Luxury Yacht Market: Breakup by Material (in %), 2020
Figure 7: United States: Luxury Yacht Market: Breakup by Application (in %), 2020
Figure 8: United States: Luxury Yacht Market: Breakup by Region (in %), 2020
Figure 9: United States: Luxury Yacht (Sailing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: United States: Luxury Yacht (Sailing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: United States: Luxury Yacht (Motorized) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: United States: Luxury Yacht (Motorized) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: United States: Luxury Yacht (Other Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: United States: Luxury Yacht (Other Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: United States: Luxury Yacht (75-120 Feet) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: United States: Luxury Yacht (75-120 Feet) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: United States: Luxury Yacht (121-250 Feet) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: United States: Luxury Yacht (121-250 Feet) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: United States: Luxury Yacht (Above 250 Feet) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: United States: Luxury Yacht (Above 250 Feet) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: United States: Luxury Yacht (FRP/ Composites) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: United States: Luxury Yacht (FRP/ Composites) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: United States: Luxury Yacht (Metal/ Alloys) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: United States: Luxury Yacht (Metal/ Alloys) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: United States: Luxury Yacht (Other Materials) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: United States: Luxury Yacht (Other Materials) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: United States: Luxury Yacht (Commercial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: United States: Luxury Yacht (Commercial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: United States: Luxury Yacht (Private) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: United States: Luxury Yacht (Private) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Northeast: Luxury Yacht Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Northeast: Luxury Yacht Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Midwest: Luxury Yacht Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Midwest: Luxury Yacht Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: South: Luxury Yacht Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: South: Luxury Yacht Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: West: Luxury Yacht Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: West: Luxury Yacht Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: United States: Luxury Yacht Industry: SWOT Analysis
Figure 40: United States: Luxury Yacht Industry: Value Chain Analysis
Figure 41: United States: Luxury Yacht Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: United States: Luxury Yacht Market: Key Industry Highlights, 2020 and 2026
Table 2: United States: Luxury Yacht Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: United States: Luxury Yacht Market Forecast: Breakup by Size (in Million US$), 2021-2026
Table 4: United States: Luxury Yacht Market Forecast: Breakup by Material (in Million US$), 2021-2026
Table 5: United States: Luxury Yacht Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 6: United States: Luxury Yacht Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 7: United States: Luxury Yacht Market: Competitive Structure
Table 8: United States: Luxury Yacht Market: Key Players