The Global Luxury Yacht Market is expected to grow by 310 units during 2020-2024 progressing at a CAGR of 11% during the forecast period

Global Luxury Yacht Market 2020-2024 The analyst has been monitoring the luxury yacht market and it is poised to grow by 310 units during 2020-2024 progressing at a CAGR of 11% during the forecast period.


New York, April 20, 2020 (GLOBE NEWSWIRE) -- announces the release of the report "Global Luxury Yacht Market 2020-2024" -
Our reports on luxury yacht market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in recreational tourism and digital marketing and increasing social media use. In addition, increase in recreational tourism is anticipated to boost the growth of the market as well.
The luxury yacht market analysis includes type segments and geographic landscapes

The luxury yacht market is segmented as below:
By Type
• Motor yachts
• Sail yachts
By Geographic Landscape
• Europe
• North America
• South America

This study identifies the increase in HNWI population as one of the prime reasons driving the luxury yacht market growth during the next few years.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our luxury yacht market covers the following areas:
• Luxury yacht market sizing
• Luxury yacht market forecast
• Luxury yacht market industry analysis"

Read the full report:

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