According to the latest report by IMARC Group titled Luxury Yacht Market.

Yacht industry trends. -- The report predicts the global yacht coatings market to grow with a CAGR of 13 over the. Large panels of glass are expensive however as they are becoming more common in yacht building I believe the costs for class approval will come down she says. 2 2020 PRNewswire -- The Luxury Yacht Market.

Many of the Original equipment manufacturers are focusing on implementing alternative sources of energy for yachting purpose. Personal watercraft continued to stay strong with an entry. This segment is also expected to exhibit the fastest growth over the forecast period.

Retail unit sales of new powerboats are estimated to have held steady in 2019 at approximately 280000 units the second highest total since 2007. Ad Download Yacht Market Reports from 10000 trusted sources. Eco-consciousness interiors inspired by the outdoors the Internet of Things IoT yacht management and adventure travel.

Pontoon boats increased 4-6 to 58000 units valued for their versatility in use for fishing to cruising to watersports. Large expanses of glazing are becoming increasingly popular not just in yachting but in architecture as well and Pascale Reymond of Reymond Langton Design above centre sees this trend continuing. Instant industry overview Market sizing forecast key players trends.

Wakesport boats represented the recreational boating industrys highest growth in 2018 9-11 totaling 10000 units. Japan Japan Tue 22 Jun 2021 042941 Comserve Inc. Global Industry Size Share Trends Growth Opportunity and Forecast 2021-2026 the global luxury yacht market.

Yacht brokers play an important role in the resell and purchase of new yachts. Wealth-X looked to the expertise of Raphael Sauleau CEO of Fraser Yachts chartering crew recruitment sales and management of. Ad Download Yacht Market Reports from 10000 trusted sources.