Market Overview:
The global Downeast motor yachts market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The Downeast motor yachts market is segmented on the basis of type, application and region. On the basis of type, the Downeast motor yachts market is segmented into planning hull, displacement hull and semi-displacement hull. On the basis of application, the Downeast motor yachts market is segmented into cruising, high-speed and other applications. The North America region dominates the global DownEast Motor Yacht Market in terms of value due to high demand for luxury boats in this region followed by Europe and Asia Pacific regions respectively.
Product Definition:
Downeast Motor Yachts are boats that are designed and built in the style of traditional Maine fishing boats. They have a simple, elegant design with a deep-vee hull that makes them both seaworthy and comfortable. Downeast Motor Yachts are important because they represent the best of American boatbuilding traditions, and they offer an affordable alternative to more expensive luxury yachts.
Planing Hull:
Planing hull is a watercraft with both fore and aft sections that are formed with flat surfaces parallel to the waterline. The purpose of this design is to provide maximum stability while sailing, as well as offering high speed and efficiency under sail.
The concept was developed in the 19th century for wooden sailing ships; however, it has since been applied to vessels made from steel or other materials.
Displacement Hull:
Displacement hull is a type of construction used in the building of boats. It is also known as the displacement craft or watercraft. The basic function of this type of construction is to provide a stable platform on which other structures can be built, and it helps to transfer the load from one part to another part with slight variations in load amounts.
The main components involved in designing.
Application Insights:
The cruising application segment accounted for the largest revenue share of over 60% in 2017. Downeast Motor Yachts are widely used for cruises as they offer a combination of luxury, comfort and amenities along with excellent seaworthiness and performance. The growing trend of cruise tourism is expected to be a major factor driving the demand over the forecast period.
High-speed application segment is anticipated to witness significant growth at CAGR of XX% from 2018 to 2030 owing to increasing demand from countries such as Japan, China and Australia among others in Asia Pacific region which prefer Downeast Motor Yachts built specifically for high-speed watersports including waterskiing, wakeboarding etc. High speed vessels also provide an opportunity for adventure enthusiasts who would like more adventurous water sports activities on board their yacht without having any experience or training on how to swim or dive underwater along with excellent seaworthiness and stability at sea required by serious sailors worldwide.
Regional Analysis:
North America dominated the global downeast motor yacht market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period, with cruising being at the forefront of industry growth. Cruising yachts are typically equipped with a generator, stove, refrigerator and cooking equipment among other things. These vessels are well-suited for extended stays at sea as they cater to all basic needs of passengers including food preparation and cleaning up after meals consumed by guests on board.
Asia Pacific is anticipated to be one of the fastest growing regions owing to increasing disposable income especially among middle class population groups that have been fueling demand for recreational activities such as fishing.
Latin America also held a significant market share in terms of revenue generation owing to an increase in leisure time across countries such as Brazil, Argentina.
Growth Factors:
- Increasing demand for luxury yachts: The global luxury yacht market is expected to grow at a CAGR of over 5% during the forecast period. This is owing to the increasing disposable income of consumers, coupled with the growing popularity of luxury lifestyle products and services. Downeast Motor Yachts offers high-end yachts that are in high demand among affluent consumers, thereby driving growth in this market.
- Rising number of millionaires and billionaires: The number of millionaires and billionaires is rising globally, which is resulting in an increase in demand for luxury goods and services, including yachts. Downeast Motor Yachts caters to this segment by offering luxurious yachts that are beyond the reach of most people. This is likely to drive growth in this market during the forecast period.
- Growing popularity of boating as a leisure activity: Boating has emerged as one of the most popular leisure activities among people across different age groups worldwide. This has led to an increase in demand for boats and other related products and services, including yachts from Downeast Motor Yacht’s range offerings .This trend is likely to continue during the forecast period, thereby propelling growth prospects for this market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Downeast Motor Yachts Market Research Report
By Type
Planing Hull, Displacement Hull, Semi-Displacement Hull
By Application
Cruising, High-Speed, Other
By Companies
Albin, Vicem Yachts, Mulder Shipyard, Hinckley, Mochi Craft, Sasga Yacht, Egemar, Sabre Yachts, Toy Marine, Albin
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Downeast Motor Yachts Market Report Segments:
The global Downeast Motor Yachts market is segmented on the basis of:
Types
Planing Hull, Displacement Hull, Semi-Displacement Hull
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cruising, High-Speed, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Albin
- Vicem Yachts
- Mulder Shipyard
- Hinckley
- Mochi Craft
- Sasga Yacht
- Egemar
- Sabre Yachts
- Toy Marine
- Albin
Highlights of The Downeast Motor Yachts Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Planing Hull
- Displacement Hull
- Semi-Displacement Hull
- By Application:
- Cruising
- High-Speed
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Downeast Motor Yachts Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Downeast Motor Yachts is a manufacturer of custom-built luxury motor yachts.
Some of the major companies in the downeast motor yachts market are Albin, Vicem Yachts, Mulder Shipyard, Hinckley, Mochi Craft, Sasga Yacht, Egemar, Sabre Yachts, Toy Marine, Albin.
The downeast motor yachts market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Downeast Motor Yachts Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Downeast Motor Yachts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Downeast Motor Yachts Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Downeast Motor Yachts Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Downeast Motor Yachts Market Size & Forecast, 2020-2028
4.5.1 Downeast Motor Yachts Market Size and Y-o-Y Growth
4.5.2 Downeast Motor Yachts Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Planing Hull
5.2.2 Displacement Hull
5.2.3 Semi-Displacement Hull
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Cruising
6.2.2 High-Speed
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Downeast Motor Yachts Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Downeast Motor Yachts Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Planing Hull
9.6.2 Displacement Hull
9.6.3 Semi-Displacement Hull
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Cruising
9.10.2 High-Speed
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Planing Hull
10.6.2 Displacement Hull
10.6.3 Semi-Displacement Hull
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Cruising
10.10.2 High-Speed
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Planing Hull
11.6.2 Displacement Hull
11.6.3 Semi-Displacement Hull
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Cruising
11.10.2 High-Speed
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Planing Hull
12.6.2 Displacement Hull
12.6.3 Semi-Displacement Hull
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Cruising
12.10.2 High-Speed
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Planing Hull
13.6.2 Displacement Hull
13.6.3 Semi-Displacement Hull
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Cruising
13.10.2 High-Speed
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Downeast Motor Yachts Market: Competitive Dashboard
14.2 Global Downeast Motor Yachts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Albin
14.3.2 Vicem Yachts
14.3.3 Mulder Shipyard
14.3.4 Hinckley
14.3.5 Mochi Craft
14.3.6 Sasga Yacht
14.3.7 Egemar
14.3.8 Sabre Yachts
14.3.9 Toy Marine
14.3.10 Albin
