Press release
Yacht Charter Under 24m Length Market to Benefit from Rapid Technological Advancements During the Forecast Period (2016-2026)
The global yacht charter market, valued at US$ 8.5 Bn in 2015, is set to increase at over 7% CAGR through 2026, surpassing US$ 18 Bn in revenues. Yacht chartering is gaining popularity as a leisurely activity, especially among corporate consumers. Sailing yachts have a massive lead over motor yachts, with the former accounting for nearly 80% revenue share of the market in 2014. These insights are part of FMI’s new research, “Yacht Charter Market (Under 24m length): Global Industry Analysis and Opportunity Assessment, 2016-2026.”
Yacht charter service providers are using the reach of online mediums, such as websites and social media platforms to showcase their offerings. Increase in the number and range of yachts available for booking, and collaboration between yacht companies and leading travel agencies are key factors driving the growth of the global yacht charter market.
FMI’s report has segmented the global yacht charter market on the basis of cabin, consumer, yacht type, end-use, mode of operation, and region.
On the basis of cabin, the report has segmented the market into 2 cabin, 3 cabin, 4 cabin, and others. Yachts with 3 cabins and 4 cabins are popular among consumers -- in 2015, these two segments collectively accounted for over 70% of revenue share.
Get Sample Copy of Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1436
In a bid to identify the motive for chartering yachts, FMI has segmented the market on the basis of end-use. The key segments under end-use include instructional, events, vacation, adventure and sports, honeymoon, and others. FMI’s research revealed that nearly 80% of consumers in the yacht charter market could be classified as vacationers. Owing to rising popularity of yacht chartering for annual events and adventure activities, vacation as an end-use segment is expected to witness a 90 BPS decline in its market share by the end of 2026 over 2015.
Yacht charter consumers have been broadly segmented into corporate and retail, with the former segment expected to increase at a higher CAGR during the forecast period 2016-2026. The retail consumer type has been further sub-segmented into individual, family/group, couple, and others. Among these, family/group consumers accounted for the bulk of retail bookings, representing nearly 65% revenue share in 2015.
Key segments on the basis of yacht type include sailing yacht and motor yacht. Motor yachts are further sub-segmented into displacement, semi-displacement, planing, catamaran, and trimaran, whereas key segments under motor sailing yacht include sloop, schooner, catamaran, and ketch. Sailing yachts are highly sought-after and represented nearly 80% revenue share in 2014.
On the basis of mode of operation, FMI’s report offers 10-year forecast on the segments - operative and bareboat. Yachts with bareboat mode of operation are expected to increase at a higher CAGR than operative yachts.
Leading players in the global yacht charter market include Yachtico Inc., Boatbookings, Sailogy S.A., Antlos S.r.l, Collaborative Boating Inc., Fraser Escape Bareboat Charters, Princess Yacht Charter, TUI Group, and Zizooboats GmbH.
Purchase This Report @ https://www.futuremarketinsights.com/checkout/1436
Region-wise, the report offers market forecast for Mediterranean, Caribbean, Asia Pacific, Americas, and Rest of Europe, and Middle East and Africa. Mediterranean is the most popular yacht charter destination, with the region accounting for nearly 40% revenue share of the global market in 2014. Asia Pacific is emerging as a yacht charter destination, and is expected to offer significant opportunities to key players during the forecast period.
ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Yacht charter service providers are using the reach of online mediums, such as websites and social media platforms to showcase their offerings. Increase in the number and range of yachts available for booking, and collaboration between yacht companies and leading travel agencies are key factors driving the growth of the global yacht charter market.
FMI’s report has segmented the global yacht charter market on the basis of cabin, consumer, yacht type, end-use, mode of operation, and region.
On the basis of cabin, the report has segmented the market into 2 cabin, 3 cabin, 4 cabin, and others. Yachts with 3 cabins and 4 cabins are popular among consumers -- in 2015, these two segments collectively accounted for over 70% of revenue share.
Get Sample Copy of Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1436
In a bid to identify the motive for chartering yachts, FMI has segmented the market on the basis of end-use. The key segments under end-use include instructional, events, vacation, adventure and sports, honeymoon, and others. FMI’s research revealed that nearly 80% of consumers in the yacht charter market could be classified as vacationers. Owing to rising popularity of yacht chartering for annual events and adventure activities, vacation as an end-use segment is expected to witness a 90 BPS decline in its market share by the end of 2026 over 2015.
Yacht charter consumers have been broadly segmented into corporate and retail, with the former segment expected to increase at a higher CAGR during the forecast period 2016-2026. The retail consumer type has been further sub-segmented into individual, family/group, couple, and others. Among these, family/group consumers accounted for the bulk of retail bookings, representing nearly 65% revenue share in 2015.
Key segments on the basis of yacht type include sailing yacht and motor yacht. Motor yachts are further sub-segmented into displacement, semi-displacement, planing, catamaran, and trimaran, whereas key segments under motor sailing yacht include sloop, schooner, catamaran, and ketch. Sailing yachts are highly sought-after and represented nearly 80% revenue share in 2014.
On the basis of mode of operation, FMI’s report offers 10-year forecast on the segments - operative and bareboat. Yachts with bareboat mode of operation are expected to increase at a higher CAGR than operative yachts.
Leading players in the global yacht charter market include Yachtico Inc., Boatbookings, Sailogy S.A., Antlos S.r.l, Collaborative Boating Inc., Fraser Escape Bareboat Charters, Princess Yacht Charter, TUI Group, and Zizooboats GmbH.
Purchase This Report @ https://www.futuremarketinsights.com/checkout/1436
Region-wise, the report offers market forecast for Mediterranean, Caribbean, Asia Pacific, Americas, and Rest of Europe, and Middle East and Africa. Mediterranean is the most popular yacht charter destination, with the region accounting for nearly 40% revenue share of the global market in 2014. Asia Pacific is emerging as a yacht charter destination, and is expected to offer significant opportunities to key players during the forecast period.
ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
