United States Luxury Yacht Market Size Cross to Revenue US$ 4.3 Billion by 2027 | CAGR of 10.03%

IMARC Group has recently released a new research study titled “United States Luxury Yacht Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The United States luxury yacht market size reached US$ 2.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.3 Billion by 2027, exhibiting a growth rate (CAGR) of 10.03% during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

A luxury yacht refers to a professionally crewed marine vessel that is either sailed or motor-driven. It is usually privately owned, chartered or rented by private entities. With an opulent appearance, the luxury yacht is well-equipped with sophisticated facilities, such as sun pads, sauna, gymnasium, jacuzzi and spa, to offer a luxurious experience and high standards of comfort. In the United States, luxury yachts are provided on lease for recreational activities, events and business meetings.

Request for a free sample copy of this report: https://www.imarcgroup.com/united-states-luxury-yacht-market/requestsample

United States Luxury Yacht Market Trends and Drivers:

The United States luxury yacht market is primarily driven by the rising investments in yachts due to improving lifestyles and rising disposable incomes. Additionally, consumers are increasingly engaging in marine recreational activities and seeking luxurious experiences, which has bolstered the market growth. Furthermore, several key players are introducing innovative components and modern designs to enhance the performance, durability and safety of luxury yachts, thereby escalating their demand across the country. Other factors, including the emerging trend of remote explorations and growing usage of advanced structural materials like fiberglass, are also anticipated to drive the market further.

Report Segmentation:

The report has segmented the market into the following categories:

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:

• Commercial
• Private

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.

Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=3761&flag=C

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA 
Website: https://www.imarcgroup.com/
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group