BROWSE THROUGH OUR TRADE FAIRS FOR YACHTING INDUSTRY

Yachting

Overview of the yachting industry

The yachting industry is a highly comprehensive and greatly valued segment of the global economy. For example, it has recently extended to feature a market value of more than $9 billion. It includes a yearly economic impact of €11.9 billion. The propulsion segment produces up to 80% of the market value. It features a notable percentage of the more than 15,000 yachts featured in the sector.

Extensiveness of the yachting industry

The yachts 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 280,000 professionals 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 similarly operate as yacht agents, managers, captains, crewmembers, and suppliers. It includes a notable number of research and development specialists.

Is the industry innovative?

Generally, the sector displays its most recent innovations during trade shows. Examples include annual and biannual events in diverse cities. They attract hundreds of thousands of attendees from around the world. Examples include the USA, France, South Africa, Brazil, China, and Australia.