LONDON--(BUSINESS WIRE)--Nov 25, 2020--
The luxury yacht market is expected to grow by 310 units, progressing at a CAGR of over 11% during the forecast period. Download Free Sample Report
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Technavio has announced its latest market research report titled Global Luxury Yacht Market 2020-2024 (Graphic: Business Wire)
The increase in recreational tourism is one of the major factors propelling market growth.
Luxury Yacht Market: Type Landscape
Based on the type, the motor yachts segment is expected to post significant growth during the forecast period.
Luxury Yacht Market: Geographic Landscape
By geography, Europe is going to have a lucrative growth during the forecast period. About 54% of the market’s overall growth is expected to originate from Europe. Italy, Netherlands, and Germany are the key markets for Luxury Yacht in Europe.
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Key Topics Covered:
Five Forces Analysis
Market Segmentation by Type
Drivers, Challenges, and Trends
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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INDUSTRY KEYWORD: LUXURY RETAIL
SOURCE: Technavio Research
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PUB: 11/25/2020 07:50 PM/DISC: 11/25/2020 07:50 PM