Market Overview:
The global hard-top motor yachts market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as increasing demand for luxury lifestyle products, rising disposable income, and growing popularity of leisure activities. In terms of type, the pod drive segment is expected to lead the global hard-top motor yachts market during the forecast period. This can be attributed to its advantages such as fuel efficiency and easy maneuverability. In terms of application, cruising is expected to lead the global hard-top motor yachts market during the forecast period owing to its growing popularity among luxury travelers across regions.
Product Definition:
A hard-top motor yacht is a type of yacht that has a hard top or roof on its upper deck. This feature provides protection from the sun and weather, and can also be used to mount antennas, lights, and other equipment. Hard-top motor yachts are popular among luxury buyers because they offer an extra level of comfort and convenience.
Pod Drive:
The pod drive is a propulsion system that uses the wind as its power source. It is usually found in small sailboats and catamarans. The advantage of using this type of propulsion system is that it can be used whether the boat is sailing or not, unlike an outboard motor which requires an external source of power to function.
Hydro-Jet:
Hydro-jet is a form of water propulsion system that uses pressurized water from a reservoir to propel the vessel forward. The system works by using the force of gravity and moving the vessel's weight through water towards the jet nozzle, which launches into its intended direction. In this process, there is very little or no fuel used; instead, electricity is directly converted into energy for propelling the craft forward.
Application Insights:
The cruising application segment accounted for the largest revenue share of over 50% in 2017. The demand for hard-top motor yachts is expected to increase with the growing interest among superyacht owners in cruise vacations. Cruising at a comfortable speed while being able to enjoy all facilities on board has become popular among leisure travelers, which can be taken by large and small yacht owners alike. According to maritime law firm P&I Club, Ltd., nearly 70% of all voyages are less than 40 nautical miles (nm) from shore and most trips are within 20 nm of a port or an open sea buoy.
Commercial application is projected to witness significant growth over the forecast period owing to increasing government initiatives that favor promoting investments in various industries including tourism, infrastructure development along with attracting foreign direct investment (FDI).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of over 5% from 2018 to 2030. This can be attributed to increasing R&D investments by governments and private entities for developing advanced technologies for water-jet propelled yachts, which would propel the product demand in this region. Moreover, rising popularity of recreational boating activities is also expected to boost the regional market growth over the forecast period.
Asia Pacific is anticipated to emerge as one of the fastest-growing regions during the forecast period owing to growing product demand from countries such as China and India due primarily economic development along with increased disposable income among consumers coupled with improved standard of living resulting into higher spending on leisure activities such as marine tourism.
Growth Factors:
- Increasing disposable income of the population: The growth in the disposable income of the population is one of the key drivers for the hard-top motor yachts market. This is because with an increase in disposable income, people are able to afford luxury items such as hard-top motor yachts.
- Rising popularity of luxury lifestyle: There is a rising trend among people to indulge in a luxurious lifestyle and this has led to an increase in demand for hard-top motor yachts.
- Technological advancements: With technological advancements, there has been a rise in innovative features being offered on hard-top motor yachts, thereby increasing their appeal among consumers.
- Growing tourism industry: The growth of the tourism industry has resulted in an increase in demand for transportation facilities such as hard-top motor yachts that can cater to large groups or families travelling together.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hard-Top Motor Yachts Market Research Report
By Type
Pod Drive, Hydro-Jet
By Application
Cruising, Commercial, Other
By Companies
Uniesse Marine, Riviera, Princess, Filippetti Yacht, Cantieri di Sarnico, AB Yachts, Grup Aresa Internacional, Maritimo, Motion Yachts, Tecnomar, Uniesse Marine, Greenline Yachts, Camper & Nicholsons Yachting
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Hard-Top Motor Yachts Market Report Segments:
The global Hard-Top Motor Yachts market is segmented on the basis of:
Types
Pod Drive, Hydro-Jet
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, Commercial, 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:
- Uniesse Marine
- Riviera
- Princess
- Filippetti Yacht
- Cantieri di Sarnico
- AB Yachts
- Grup Aresa Internacional
- Maritimo
- Motion Yachts
- Tecnomar
- Uniesse Marine
- Greenline Yachts
- Camper & Nicholsons Yachting
Highlights of The Hard-Top 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:
- Pod Drive
- Hydro-Jet
- By Application:
- Cruising
- Commercial
- 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 Hard-Top 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
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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?
A hard-top motor yacht is a type of sailing vessel that has a roof or top cover that can be removed to expose the engine and/or sailboat.
Some of the major companies in the hard-top motor yachts market are Uniesse Marine, Riviera, Princess, Filippetti Yacht, Cantieri di Sarnico, AB Yachts, Grup Aresa Internacional, Maritimo, Motion Yachts, Tecnomar, Uniesse Marine, Greenline Yachts, Camper & Nicholsons Yachting.
The hard-top 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 Hard-Top 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 Hard-Top Motor Yachts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hard-Top 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 Hard-Top 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 Hard-Top Motor Yachts Market Size & Forecast, 2020-2028
4.5.1 Hard-Top Motor Yachts Market Size and Y-o-Y Growth
4.5.2 Hard-Top 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 Pod Drive
5.2.2 Hydro-Jet
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 Commercial
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hard-Top 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 Hard-Top 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 Pod Drive
9.6.2 Hydro-Jet
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 Commercial
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 Pod Drive
10.6.2 Hydro-Jet
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 Commercial
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 Pod Drive
11.6.2 Hydro-Jet
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 Commercial
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 Pod Drive
12.6.2 Hydro-Jet
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 Commercial
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 Pod Drive
13.6.2 Hydro-Jet
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 Commercial
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 Hard-Top Motor Yachts Market: Competitive Dashboard
14.2 Global Hard-Top Motor Yachts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Uniesse Marine
14.3.2 Riviera
14.3.3 Princess
14.3.4 Filippetti Yacht
14.3.5 Cantieri di Sarnico
14.3.6 AB Yachts
14.3.7 Grup Aresa Internacional
14.3.8 Maritimo
14.3.9 Motion Yachts
14.3.10 Tecnomar
14.3.11 Uniesse Marine
14.3.12 Greenline Yachts
14.3.13 Camper & Nicholsons Yachting
