BROWSE THROUGH OUR TRADE FAIRS FOR YACHTING INDUSTRY

The yachting industry is a highly comprehensive, extensive, and highly valued segment of the global economy. For example, it has recently extended to feature a market value of around 47 500 000 000 USD. It includes a yearly economic impact of 12 967 430 000 USD (not featuring the onshore spending). It includes up to 80% of the market value being produced by the propulsion segment. It features a notable percentage of the more than 15 000 yachts featured as part of the sector. These are constructed by more than 170 builders in diverse countries. At least one vessel over 78 feet (ca.24 m) is under construction annually, and around 400 are delivered. Such specialists are among the more than 250 000 specialists employed in the market. Other types of professionals include operating in shipyards, engineers, and naval architects. They also operate as designers, brokers, marinas, and charters. They likewise operate as yacht agents, managers, captains, crewmembers, and suppliers. It includes a notable number of research and development specialists. They aid in further developing the market. Generally, the sector presents its most recent innovations during trade shows. Examples include annual and biannual events in diverse cities. They attract hundreds of thousands of attendees from various countries. Examples include the USA, France, South Africa, Brazil, China, and Australia.