Quadintel published a new report on the Yacht Charter Market. The research report consists of thorough information about demand, growth, opportunities, challenges, and restraints. In addition, it delivers an in-depth analysis of the structure and possibility of global and regional industries.
Global Yacht Charter Market is valued at approximately USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than % over the forecast period 2022-2030.
Yacht Charter is the practice of renting, or chartering, a sailboat or motor yacht and travelling to various coastal or island destinations. The increase in the number of private islands on cruise itineraries, growing adoption of alternative sources of energy has led to the adoption of Yacht Charter across the forecast period. For Instance: as per Statista in 2018, the United States was ranked second in the world based on renewable energy consumption, totaling almost 104 million metric tons of oil equivalent.
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Electricity utilities are increasingly noting the importance of providing renewable energy and many have begun to invest in these technologies and even set specific renewable goals. Also, with the increased involvement of intermediaries & hybrid business models, the adoption & demand for Yacht Charter is likely to increase the market growth during the forecast period. However, high costs impede the growth of the market over the forecast period of 2022-2030
The key regions considered for the Global Yacht Charter Market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading region across the world in terms of market share owing to the private purpose to provide a seamless luxury experience. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Factors such as rising disposable income, rising investment in the tourism industry would create lucrative growth prospects for the Yacht Charter market across Asia-Pacific region.
COVID-19 Impact Analysis
The pandemic of COVID-19 has also reduced the availability of and demand for non-COVID-19-related medical treatment. A wide range of treatments, including emergency care for acute diseases, routine check-ups, and recommended cancer screenings, are being postponed or avoided by patients. Undiagnosed illnesses and a failure to intervene early will have serious long-term health consequences. COVID-19 has accelerated a variety of existing and emerging healthcare trends, including changing consumer attitudes and habits, the convergence of life science and health care, rapid advances in digital health technologies, and new talent and care delivery models, to name a few.
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Major market players included in this report are:
Charter Yachts Australia
Sailogy S.A.
Yachtico Inc.
Zizooboats GmbH
Fraser Yacht
Boatsetter
Northrop & Johnson
Nautal
Martello Yachting and Company
Princess Yacht limited
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Vacation/ Leisure
Sailing
Others
By Type:
Motorized Yacht
Sailing Yacht
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year 2018, 2019, 2020
Base year 2021
Forecast period 2022 to 2028
Target Audience of the Global Yacht Charter Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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Table of Contents:
Factors Influencing
The global market is forecast to witness a rapid growth, owing to increasing demand for technological advancements from end-users. Moreover, increasing investments in research and development activities, launches, partnerships, and other strategic initiatives will benefit the market. Furthermore, the growing focus of authorities towards increasing urbanization and industrialization is forecast to drive the market growth.
What aspects regarding the regional analysis Market are included in this report?
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