Title: Yacht Charter Market is Anticipated to Reach US$25.53 Bn by 2027
1- Global Yacht Charter Market Eyes a Growth Rate of
22.5 as Spending Capacity of Younger
Demographic Improves - The global yacht charter market is expected to
grow at a phenomenal pace in the coming five
years as the idea of a vacation is changing.
Higher spending capacities on leisure activities
has created lucrative opportunities for yacht
charters. According to Fairfield Market Research,
the global yacht charter market is expected to
surge at US22.85 during the forecast years of
2021 and 2027 to reach a valuation of US25.35 Bn
by the end of 2027. The changing perception
towards outdoor activities is also expected to
make a significant contribution towards the
progress of the global yacht charter market. - Read complete report https//www.fairfieldmarketr
esearch.com/report/yacht-charter- market - Increasing Potential to Vacation in Luxury Drives
Global Yacht Charter Market - The increasing spending capacity of Millennials
and Generation Z has become the driving factor
for the global yacht charter market. The ability
to take quick vacations within the national
borders during COVID-19 pandemic has prompted
youngsters to opt for yacht charters. Lack of
flying options and the constant worry of
coronavirus infection has created bubbles of
safe travelling for leisure options with yacht
charters amongst the younger demographic.
Analysts anticipate that the demand for the yacht
charter will consistently rise in the coming
years as it allows exploration of new locations
while eliminating road and air travel. - Motor Yachts to be Preferred Over Sailing
Counterparts due to Speed - On the basis of type, the global yacht charter
market is segmented into sailing, motor, and
catamaran. Analysts state that the motor type of
yachts will lead the global market as they allow
end users to have better control over speed. This
also makes covering multiple locations/islands
easier, giving the end users value for money.
Furthermore, motor yachts have a shallow draft
which eases navigation through narrow passages.
gives the end user a safe way of exploring the
waterbody. The spacious decks of these yachts are
also preferred to their counterparts as bigger
group bookings prove to be a win-win for users
and players. - Report Segmentation
- Yacht Type Coverage
- Sailing
- Motor
- Catamaran
2- Yacht Sub Type Coverage
- Classic
- Open
- Large
- Yacht Size Coverage
- Small
- Medium
- Large
- Yacht Usage Coverage
- Corporate
- Retail
- Others
- Geographical Coverage
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa
- Rest of Middle East Africa
3- Yacht Charter Market Outlook
- Market Definitions and Segmentation
- Market Dynamics
- Driver
- Restraint
- Industry Challenges Opportunities
- Market Forces Analysis
- Value Chain Analysis
- Porters Five Forces Analysis
- SWOT Analysis
- Impact Analysis
- Pre and Post Covid-19 Analysis
- Economic Indicators (GDP Per Capita, BREXIT
Analysis, etc.) - Electrification
- Parent Industry Trends
- Global Yacht Charter Market Outlook, 2017 - 2026
- Global Yacht Charter Market Value Forecast, By
Yacht Type, 2018 - 2028, (US Mn) - Key Highlights
4Google LLC, Adobe Inc., Cisco Systems, Inc.,
Microsoft Corporation, Huawei Technologies Co.,
Ltd., Logitech International S.A., Avaya Inc.,
Array Telepresence Inc., and Zoom Video
Communications, Inc. constitute some of the
leaders in global video conferencing market.
Subscription-based models have been recently
picking up as a popular trend among top vendors
in the video conferencing space. While Zoom
became the overnight hero amid COVID-19 pandemic
situation, it has successfully retained its
position as one of the most prominent and
sought-after industry leaders over the recent
past. Besides, some other popular platforms like
Cisco Webex, and Microsoft Teams also represent
a sizeable share in the corporate video
conferencing market. Other virtual events
continue to be held on other platforms, including
Airmeet, HeySummit, Hubilo, Hopin, GoToWebinar,
and BigMarker. Yacht Charter Market Press
Release https//www.fairfieldmarketresearch.com/p
ress- release/global-yacht-charter-market About
Us Fairfield Market Research is a UK-based
market research provider. Fairfield offers a wide
spectrum of services, ranging from customized
reports to consulting solutions. With a strong
European footprint, Fairfield operates globally
and helps businesses navigate through business
cycles, with quick responses and multi-pronged
approaches. The company values an eye for
insightful take on global matters, ably backed by
a team of exceptionally experienced researchers.
With a strong repository of syndicated market
research reports that are continuously published
updated to ensure the ever-changing needs of
customers are met with absolute
promptness. Contact Fairfield Market
Research London, UK UK 44 (0)20 30025888 USA 1
(844) 3829746 (Toll-free) Web https//www.fairfie
ldmarketresearch.com/ Email sales_at_fairfieldmarket
research.com Follow Us LinkedIn