#yacht charter market scope

[blogaarti]

Yacht Charter Market Will be Worth US$25.53 Bn by 2027

The global yacht charter market is driven by an upsurge in leisure activities as consumers across demographics discover the pleasure of yachting to exotic locations. Charter yachts are immensely popular as they rival the best that luxury hotels have to offer with the added advantage of complete seclusion as any tourists can travel to a waterbody of their choice. Tourists can visit several locations in a single trip and avoid the inconvenience of bumper-to-bumper traffic or lengthy waits at airport departure lounges, making yacht charters extremely appealing for those pressed for time or willing to pay for a premium experience.

 As per Fairfield Market Research, the global yacht charter market is on track to register an impressive CAGR of 22.85% from 2021 to 2027.

 For More Industry Insight Read: https://www.fairfieldmarketresearch.com/report/yacht-charter-market

 Government Initiatives to Play Major Role in Popularizing Yacht Charters

National governments are putting various initiatives in place to boost local tourism and yacht charters are vital in this. The govt. of Indonesia has excluded the Clearance and Approval for Indonesian Territory (CAIT) from its marine tourism policy. This resulted in a profit of $600 million in 2019 alone.

 Yacht Charter Companies Entering Into Celebrity Partnerships to Raise Awareness

Yacht charter companies are seeking out alliances with social media influencers to tap previously undeserved millennial or Gen Z audiences. Celebrities are chartering yachts for private getaways and documenting their experiences on social media, exponentially raising awareness among younger clientele who have the disposable income to indulge in luxuries such as charter yachts.

 Motor Yachts Most Popular in the Yacht Charter Market Due to Their Design and Range

The motor yacht segment is anticipated to race ahead of other segments in the yacht charter market as it can cover maximum distances in the shortest timeframe. The shallow design of motor yachts allows them to easily enter narrow passages and coastlines, boosting their demand amongst end-users. Motor yachts have a larger deck space than other options in the yacht charter market, allowing tourists to be in the lap of luxury while travelling the high seas.

Wealthy Europeans to Continue Chartering Yachts to Travel to Unexplored Locations

Europe comprised almost half of the global yacht charter market with a share of 48% in 2020 and this is likely to continue for the forecast period. Europe has long been a highly sought-after tourist destination and Mediterranean nations such as Turkey and Italy will propel demand going forwad. Several companies on the continent already offer a combination of online yacht charter bookings with flights to provide a complete package to travellers.

 The presence of a significant high-net-worth (HNI) population has resulted in a large number of watercraft licenses issued here to cater to the wealthy clientele’s discerning taste. In 2017, the European Commission stated that 60,000 yachts in European waters generate revenue of Euro 6 billion annually. Nonetheless, the highest growth rate of 24% is predicted to be in the dynamic Asia Pacific region as robust economic growth leads to a spike in HNIs, especially in Southeast Asia.

 Companies Looking at Both Organic and Inorganic Growth in the Yacht Charter Market

Companies in the yacht charter market are adopting different strategies including mergers and acquisitions, joint ventures, and collaborations to strengthen their competitive position. Companies studied in this report on the yacht charter market are Mertello Fairline Yacht, Thai Charters, Dream Yacht Charter, Fraser Yacht, Charter Yachts Australia, Boatbound Inc., CharterWorld LLP, Incrediblue Ltd., Burgess, Boat International Media Ltd., Simpson Marine, Northrop & Johnson, and Sailing Thailand Island Cruises Co., Ltd.

 In 2018, Sailogy S.A. acquired Master Yachting and became the number one company in the yacht charter market. In the same year, rival Princess Yachts launched six models developed through its GBP 100 million investment programme from 2015. Other companies such as Click&Boat and Marine Max Group have also chosen an acquisition strategy to solidify their presence in the yacht charter market.

 Get a Sample Copy of Yacht Charter Market: https://www.fairfieldmarketresearch.com/report/yacht-charter-market/request-sample

 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.

[harshnews]

Water Flosser Market for Electric Vehicle Market Size, Share, Demand, Future Growth, Challenges and Competitive Analysis

"Global Water Flosser Market – Industry Trends and Forecast to 2028

Global Water Flosser Market, By Product Type (Portable and Cordless Water Flosser, Countertop Water Flosser, Attachable Water Flosser), Price (Economy, Mid-Range, Premium), Application (Home Care, Dental Clinic, Hospitals), End Use (Household, Commercial),  Distribution Channel (Hypermarkets / Supermarkets, Specialty Stores, Drug Stores and Pharmacies, Convenience Stores, Online Retailers), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

Access Full 350 Pages PDF Report @

Core Objective of Water Flosser Market:

Every firm in the Water Flosser Market has objectives but this market research report focus on the crucial objectives, so you can analysis about competition, future market, new products, and informative data that can raise your sales volume exponentially.

Size of the Water Flosser Market and growth rate factors.

Important changes in the future Water Flosser Market.

Top worldwide competitors of the Market.

Scope and product outlook of Water Flosser Market.

Developing regions with potential growth in the future.

Tough Challenges and risk faced in Market.

Global Water Flosser-top manufacturers profile and sales statistics.

Highlights of TOC:

Chapter 1: Market overview

Chapter 2: Global Water Flosser Market

Chapter 3: Regional analysis of the Global Water Flosser Market industry

Chapter 4: Water Flosser Market segmentation based on types and applications

Chapter 5: Revenue analysis based on types and applications

Chapter 6: Market share

Chapter 7: Competitive Landscape

Chapter 8: Drivers, Restraints, Challenges, and Opportunities

Chapter 9: Gross Margin and Price Analysis

How the Report Aids Your Business Discretion?

This section of this Market report highlights some of the most relevant factors and growth enablers that collectively ensure a high-end growth spurt

The report unravels details on pronounced share assessments across both country-wise as well as region-based segments

A leading synopsis of market share analysis of dynamic players inclusive of high-end industry veterans

New player entry analysis and their scope of new business models

The report includes strategic recommendations for new business veterans as well as established players seeking novel growth avenues

A detailed consultation services based on historical as well as current timelines to ensure feasible forecast predictions

A thorough evaluation and detailed study of various segments as well as sub-segments across regional and country-specific developments

Details on market estimations, market size, dimensions

A review of market competitors, their high-end product and service portfolios, dynamic trends, as well as technological advances that portray high end growth in this Market

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[asiabusiness01-blog]

On Semiconductor Launches Distribution Channel Partners To Increase Enterprise In Japan And Asia

Ultimately, the best automobile for a international enterprise getting into the market for the first time will range according to the scale and scope of an enterprise, along with the specific characteristics of the market it is coming into. For example, while WFOEs are sometimes the primary modus operand for high-tech companies with giant IP inventories, corporations specializing in more commoditized merchandise Market Surveys usually find that danger is mitigated by partnering up with a nicely-established native company. Choosing the best automobile for entry is likely one of the most vital selections a business can make when getting into China for the primary time.

In order for Seahub to be successful in Asia, we must first perceive the native yachting market and what the developments are exhibiting for the future. MPA presents in-depth analysis reviews throughout key trade sectors, personalized consulting companies, business events to spread information and unlock partnerships, and publications that provide insights into driving business. The U.S.- Indonesia Energy Dialogue is a mechanism to enhance our mutual vitality safety, promote elevated trade and funding, and accelerate the deployment of fresh vitality technologies. EERE’s project onSustainable Energy for Remote Indonesian Grids launched in 2013 to assist Indonesia’s efforts to develop clear power and increase access to electricity in remote locations throughout the country. The SERIG project has developedstrategies to speed up deployment of renewable electricityin distant communities throughout Indonesia’s 6,000 inhabited islands and is partnering with the Government of Indonesia to implement these methods.

In specific, cities such as Shenzhen, Tianjin, Wuhan, Chongqing, Chengdu, Nanjing, Qingdao, Dalian, Suzhou and Hangzhou all supply robust business alternatives for international companies across a spread of sectors. Over the long run, including Tier 2 and even Tier 3 cities in their strategy can allow international companies to gain first-mover advantage in these cities and result in larger lengthy-term market success. Tier 1 cities are China’s most mature markets by way of client conduct, and are usually the most appropriate testing floor for international corporations with limited expertise in China. Although being based in a Tier 1 metropolis could provide the lowest danger level of market entry, it'll also imply that the corporate faces higher operational prices and more competitors. The nature and make-up of markets in different components of China additionally varies considerably, which implies that international companies ought to think carefully about which geographical location presents the best vantage point to focus on the broader China market.

Similarly, declining sales in their residence markets has forced many US and European firms to relocate China firmly to the centre of their lengthy-time period international growth strategies. There are sure challenges in Asia that are typical for emerging markets including the governing regulatory restrictions on chartering vessels. Without an open charter market, growth will remain regular but a boom is unlikely until these restrictions are lifted. What was optimistic to know in the course of the convention is that financial influence studies in these areas have already commenced which can make clear the on the constructive financial impression that superyachts bring.

In the past, overseas businesses have often been drawn to coastal provinces such as Zhejiang, Guangdong, Jiangsu and Shanghai, because of higher populations and incomes in those areas. In particular, foreign firms concerned in consumer markets have tended to focus their attentions on these larger earnings coastal areas. With a population that exceeds 1.three billion individuals and a land mass bigger than the United States, China’s sheer size and scale presents challenges uniquely distinct from another market . While it is true that China represents a huge potential market for foreign manufactured items and services, it is also the case that understanding where these opportunities lie and the way to access them could be extremely difficult. Breaking into the China market efficiently can appear to be an almost unimaginable task to international firms with limited or no experience of doing enterprise there.

What is becoming more well-known concerning the business is that Superyachts can doubtlessly deliver multi layered social and economic advantages to a country or region. The environmental impacts of Superyachts are low and even now we're beginning to see organisations similar to EYOS Expeditions closely concerned in conservation and the preservation of the marine ecosystems in the region. “The Asia Pacific Superyacht Conference was a fantastic place to build new relationships and perceive the landscape more detail.

Although a growing number of overseas corporations are ‘going it alone’ in China, the joint venture enterprise mannequin nonetheless brings with it many advantages and might usually be seen as a lower-threat strategy than the wholly international owned enterprise . Equally, while some b2b markets require setting up an area Chinese entity, in other markets using native intermediaries or a small consultant office may suffice. Economic growth and rising incomes in China’s Tier 2 cities have made getting into these markets far more attractive to international suppliers than it was in the past. Not only do Tier 2 cities have the benefit of decrease set-up and operating costs, but the improve in shopper spending energy in these areas is making a speedy development in demand for international manufactured goods and merchandise.

[sailingcharter1]

Know More About Phuket Yacht Hire

How does yacht rental in Phuket work? Your next Thailand experience foresees you especially with the right reserving and by and large cruising experience. The primary concern you need to do is interface with a barge contract master to have an issue free and reliable cruising escape. Phuket is after all the diamond in the Southeast Asian yachting industry henceforth; guarantee you place it at the top of your compartment list.

 Yacht Rental Phuket Overview Phuket is a notable choice among travelers that need to experience the best cruising experience in Southeast Asia. The warm warmth and stickiness continue all through the whole year thus you can design your outing or event any season. Swim, bounce, fishing, or basically relax under the sun on the white sandy coastlines. You can similarly uphold your experience in case you go cruising or cruising locally available the best barge assurance on the island today.

 Phuket Charter Yachts Phuket pulls in a wide scope of tourists from around the world. You can examine the different marinas and see the rich and exquisite marine life on the island. There are combinations of yachts you can peruse, dependent upon your tendencies and apportioned monetary arrangement.

 Run Luxury Yacht Extravagance ran yachts are mega or super yachts that have all the accommodations for a VIP cruising experience. These organizations by and large recollect capable gatherings for the board including the yacht cook, stewards and orderlies, and even a specialist gourmet subject matter expert.

 Approval Skipper Motor Yachts You may be a refined sailor and you would have to simply rent a motor yacht for your cruising escape. That is entirely possible in case you contract a yacht with an authentic and accepted assent yacht office or expert. They could moreover help you with our plan and various necessities in case you don't have the foggiest idea where you would have to continue to explore.

  For more information please visit hiring a yacht in the Phuket market

[yachtingboat]

Simpson Marine Make Waves at Thailand Yacht Show

Simpson Marine Make Waves at Thailand Yacht Show

Simpson Marine enjoyed a highly successful Thailand Yacht Show 2019, which took place from the 10-13th January. The brokerage house presented the biggest fleet at the show, and concluded sales with an impressive order book.

The Phuket-based show, which is the first Asian yacht exhibition of 2019, presented the perfect platform for Simpson Marine’s strong fleet of nine. The brokerage, which was founded in Hong Kong and has long headed the Asian market, emerged as a leading exhibitor, bringing a varied fleet including mono and multihulls ranging from 9-27m. These were displayed to a great reception and several sales, with more expected to follow.

Most notably, the Simpson Marine collection entailed a Monte Carlo Yachts 86 as the fleet flagship and a Monte Carlo Yachts 70 available for immediate delivery. They also presented a Monte Carlo Yachts 65, Gran Turismo 50, Gran Turisom 46 and Oceansi 51.1 as Thailand Premieres, and a Lagoon 43, Aquila 44 and Flyer 8.8 also graced the ranks.

The charter division for Simpson Marine also had a successful show, with high levels of interest expressed and numerous charters booked across the course of four days. Stars of the show included the new Flyer 8.8 and Lagoon 42, but the entire fleet of luxurious catamarans, motoryachts and superyachts available for charter with Simpson Marine attracted a great deal of enquiry.

"As the biggest exhibitor at the Thailand Yacht Show, Simpson Marine once again displayed a wide scope of yachts suitable for various audiences and usage plans, from the world's most reputable brands," says Richard Allen, Group General Manager. "We were also pleased to present the Sanlorenzo superyacht lounge, with Nick Stratton from Sanlorenzo Asia at the show providing support. Our team also promoted the company's wide range of services, particularly the Yacht Charter and Yacht Care/Service divisions.”

Simpson Marine have expressed their encouragement at the growth of the Thai market. The show is firm proof that the country is a huge growth area, and that more and more Asia-based owners are buying into the yachting lifestyle. “Having looked after several thousand boat owners over the past 35 years, there is no one better to look after Asia's owners and buyers than Simpson Marine,” Mr Allen continued.

Fresh from the show’s success, we are expecting great things from Simpson Marine and from the Southeast Asian market!

Simpson Marine Make Waves at Thailand Yacht Show

Simpson Marine Make Waves at Thailand Yacht Show

Simpson Marine Make Waves at Thailand Yacht Show

Simpson Marine Make Waves at Thailand Yacht Show

Simpson Marine Make Waves at Thailand Yacht Show

Simpson Marine Make Waves at Thailand Yacht Show

Simpson Marine Make Waves at Thailand Yacht Show

Simpson Marine Make Waves at Thailand Yacht Show

Simpson Marine Make Waves at Thailand Yacht Show

Simpson Marine Make Waves at Thailand Yacht Show

Simpson Marine Make Waves at Thailand Yacht Show

[azothanalytics]

Global Yacht Market: Insights and Forecast with Impact of COVID-19 (2022-2027)

According to a research report published by Azoth Analytics in July 2021, the Global Yacht Market was valued at USD 7.98 Billion in the year 2021. One of the most important factors impacting the yacht market is the increase in the UHNWI population. As the HNWI increases, the addressable customer base of the yacht industry also increases. This provides a strong tailwind for the manufacturers of yachts.  

In addition to a growing customer base of UHNWIs, the size of their wealth is also expected to grow in the coming years. This would translate into an increasing average size of yachts or customers shifting towards models with a higher degree of customization and premium features. In both cases, this should support growth in the average selling price of yachts. Furthermore, the market has been growing over the past few years, due to factors such as growing demand for luxury tourism, rising construction of super yachts, a growing number of boat shows, favourable government initiatives, and increasing demand for yacht charter, etc.

The market is projected to grow at a fast pace during the forecast period, due to various latest trends such as customization and personalization, acute focus on eco-friendly and sustainable products, the internet of things, yachts run quieter due to tech advances, explorer yachts are continuing to rise in popularity, etc.

Based on the Vessel Type, the market is segmented into Super/ Mega, Flybridge, Sport, Cruiser, and Others. The Super/ Mega yacht segment is expected to grow at a higher CAGR during the forecast period as the high share of this segment can be attributed to the high popularity of these yachts among the end-users.

Americas is estimated to hold the maximum share in the global Yacht Market in 2021. During the forecast period, Asia-Pacific is set to be the fastest-growing regional market. Furthermore, Asia-Pacific is seeing great growth as a result of a variety of factors. Several factors have contributed to the rapid growth of Yacht markets in Asia-Pacific.

Scope of the Report

• The report analyses the Yacht Market By Value (USD Million) and by Volume (in numbers)  

• The report analyses the Yacht Market By Vessel Type (Super/ Mega, Flybridge, Sport, Cruiser, Others)

• The report analyses the Yacht Market By Length (Up to 20 m, 20-50 m, Above 50 m)

• The report analyses the Yacht Market By Application (Private Use, Commercial Use)

• The report analyses the Yacht Market By Propulsion (Motor, Sailing)

• The Global Yacht Market has been analysed by Countries (United States, Canada, Mexico, Brazil, United Kingdom, Germany, France, Italy, China, Australia, Japan)

• The key insights of the report have been presented through the frameworks of Porter’s Five Forces Analysis. Also, the attractiveness of the market has been presented by region, By Vessel type, By Length, By Application, By Propulsion

• Also, the major opportunities, trends, drivers and challenges of the industry have been analysed in the report.  

• The report tracks competitive developments, strategies, mergers and acquisitions, new product development. The companies analysed in the report include – Ferretti S.p.A., Sanlorenzo S.p.a., HanseYachts AG, Brunswick Corporation, Beneteau Group, Ocean Alexander, Azimut Benetti, Princess Yachts, Sunseeker International, Damen Group  

• The report presents the analysis of the Yacht Market for the historical period of 2016-2021 and the forecast period of 2022-2027.

For more Information:

Derrick Samson

(Business Development Manager)

Address:  1321 Upland Dr. PMB 15832

Houston, Texas, 77043,

US

Mobile: +1 832 495 4885

Mail ID - info@azothanalytics.com

[bestcommercialfishingpermits]

What’s Going On With Commercial Fishing in Newport?

As economic circumstances continue to ebb and flow in the United States, so too does the commercial fishing industry. In Newport, Rhode Island, a central location for commercial and industrial fishing on the Atlantic Ocean, some recent changes to the area are having a sizable impact on local fishermen. Facing an uncertain future, how these and other fishing operations adapt will prove critical to the future of the industry. A Rich Commercial Fishing Tradition Newport, Rhode Island is home to a natural harbor that has been historically hospitable to fishermen. Between the Atlantic Ocean and the nearby Narragansett Bay, Flounder, Mackerel, Perch, Tuna, and Fluke have been bountiful for previous generations to enjoy. Newport Harbor at one point in time was able to accommodate more than 150 wharves, and in the mid-1900s, it was one of the nation’s most profitable fishing ports. Unfortunately, tides have turned for commercial fishermen in the area. Difficult Waters Ahead Beginning in the 1970s, Newport turned into a desirable tourism destination on the eastern seaboard. While visitors brought an influx of cash to the area, they also brought pressure on landowners to maximize the value of their waterfront holdings. This began a slow and steady decay of the infrastructure needed to support commercial fishermen, as fueling stations, bait shops, and markets began evaporating from the port. Docking fees also have skyrocketed to accommodate yachts and large pleasurecraft, squeezing out smaller fishing operations. Since 2011, commercial fishery landings have shrunk by nearly 70 percent in the area. Environmental changes have also played a role in diminishing the local fishing industry. As pollution has continued and water temperatures have risen, fish yields have decreased by more than 80 percent since 1898. With a multitude of factors impacting the economic sustainability of commercial and industrial fishing in the area, new operations and younger fishermen are rare. With the already paltry number of fishing operators nearing retirement, the overall field of businesses is poised to continue to dwindle. Opportunity Persists on the Open Water As recently as the 1980s, the commercial fishing business in Newport could be quite lucrative. It was during this time that federal fishing waters were expanded by 200 miles, greatly opening the possibilities for sizable catches. Even today, the demand for seafood in the area is considerable. With younger generations more conscientious of where their food comes from, the demand for fresh, locally caught seafood has also increased. Some commercial fishermen have also successfully adjusted the scope of their businesses. As tourism continues to boom in the area, charter fishing operations have become an in-demand activity for visitors to Newport. Since commercial fishermen have the boats and knowledge to accommodate this market, they are proving that there is still money to be made the old-fashioned way in Newport Harbor. Keep Your Commercial or Industrial Fishing Operation Afloat If you operate a commercial trapping or fishing business on the Atlantic, make sure your permits and licenses are up-to-date. At the Commercial Fishing Permits Center, we offer a one-stop, convenient website where you can complete all of your applications quickly and accurately. Contact us today to learn more.

[amrutam]

Yacht Charter Market Size 2022 Industry Insights by Global Share, Top Key Players, COVID-19 Impact, Regional Analysis and Forecasts to 2030

Global Yacht Charter Market Development Strategy Pre and Post COVID-19, by Corporate Strategy Analysis, Landscape, Type, Application, and Leading 20 Countries covers and analyzes the potential of the global Yacht Charter industry, providing statistical information about market dynamics, growth factors, major challenges, PEST analysis and market entry strategy Analysis, opportunities and forecasts. The biggest highlight of the report is to provide companies in the industry with a strategic analysis of the impact of COVID-19. At the same time, this report analyzed the market of leading 20 countries and introduces the market potential of these countries.

DOWNLOAD FREE SAMPLE REPORT@ https://crediblemarkets.com/sample-request/yacht-charter-market-10537

Yacht Charter Market: By Type

Sailing Yachts Motor Yachts Catamaran Yachts

Yacht Charter Market: By Applications

Corporate Retail Others

Yacht Charter Market: Key Players

Zizooboats GmbH West Coast Marine Yacht Services Pvt Ltd. Northrop & Johnson Martello Yachting and Company Super Yacht Logistics LLC Boat International Media Ltd. Yachtico Inc. Fraser Yachts Fair line Yacht Burgess Charter world Ltd. Boat bound Inc. Incrediblue Ltd.

Key benefits for industry players and stakeholders:

· Industry drivers, constraints and opportunities covered by the study

· Neutral view on market performance

· Current industry trends and developments

· Competitive environment and strategies of the main players

· Covering potential and niche segments and regions with promising growth

· Historical, current and forecast market size in terms of value

· In-depth Analysis of the Fixed Endoscope Market

Direct Buy This Report now@ https://crediblemarkets.com/reports/purchase/yacht-charter-market-10537?utf8=%E2%9C%93&license_type=single_user

Reasons to Buy This Report

• Qualitative and quantitative market analysis based on segmentation, including economic and non-economic factors

• Provide market value data for each segment and sub-segment

• Shows the regions and segments that are expected to grow the fastest and dominate the market

• Geographic analysis that highlights the consumption of products/services in the region and reveals the factors affecting the market in each region

• Competitive landscape that includes market rankings of major players along with new service/product launches, partnerships, business expansions and acquisitions in the last five years from leading companies

• Comprehensive company profile, including company overview, company insights, product benchmarking and SWOT analysis for key market players

Table of Content

1 Yacht Charter Market Definition and Overview

1.1 Objectives of the Study

1.2 Overview of Yacht Charter

1.3 Yacht Charter Market Scope and Market Size Estimation

1.4 Market Segmentation

1.4.1 Types of Yacht Charter

1.4.2 Applications of Yacht Charter

1.5 Market Exchange Rate

2 Research Method and Logic

2.1 Methodology

2.2 Research Data Source

3 Market Competition Analysis

Contact Us: Credible Markets 99 Wall Street 2124 New York, NY 10005 Email- sales@credibleMarkets.com

[esglatestmarketnews]

Advanced Driver Assistance Systems Industry Procurement Intelligence, Trends With Research Till 2027 | Grand View Research, Inc.

The majority of the automotive accidents occurring currently are due to human error or are ones whose impact could have been avoided with better and cautious driving. To reduce and prevent such instances, automotive companies are implementing Advanced Driver Assistance Systems in their vehicles. Advanced Driver Assistance Systems, commonly known as ADAS, provide five safety-essential features. These include pedestrian detection and avoidance, lane departure warning and correction, traffic sign recognition, automatic emergency braking, and blind-spot detection. ADAS is one of the primary features that lay down the foundations for an autonomous vehicle. ADAS works on three primary types of sensors. They are radar/LIDAR, cameras, and ultrasound. The objective of an ADAS is to provide a 360-degree detection capacity of the vehicle, including the blind spots to minimize risks while driving.

Read report summary or request a free sample copy of the report “Advanced Driver Assistance Systems Industry Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence, Best Practices, Engagement Model, Low & Best Cost Country, Day One Analysis Report, 2020 – 2027”

Demand Outlook

The global advanced driver assistance systems market was valued at USD 17.6 billion in 2020. The market is projected to grow at a CAGR of 12.3% from 2020 to 2027. Geographically, the European market is the largest market for advanced driver assistance systems as of 2020. Demand for semi-autonomous vehicles or the requirement of driving assistance features for the new versions of EV is generating additional demand for ADAS in the market.

The COVID-19 pandemic has resulted in a decline in the advanced driver assistance systems industry globally. Several OEMs have paused or reduced manufacturing vehicles. This has directly affected the tier 1 suppliers and providers of advanced driver assistance systems globally. However, the automotive market is currently recuperating from the effects of the pandemic. While the market is yet to reach normalcy, industry experts expect that by Q2, 2022, the demand for automobiles, especially ones with semi-autonomous vehicle features and safety features like advanced driver assistance systems will increase.

Cost Drivers

The advanced driver assistance systems industry is still innovating and undergoing technical changes. With changing requirements from end-users, OEMs are laying down varying requirements which the suppliers of advanced driver assistance systems have to cater to. This makes it difficult for suppliers to have market-level cost drivers. However, manufacturing processes and procurement strategies help reduce the cost of manufacturing and the cost of operations. Also, depending upon the vehicle type, margins may be adjusted, leaving scope for better profit margins. But there are other market drivers like shifting preference to semi-autonomous vehicles and focus on vehicle safety in addition to government mandates which makes OEMs inculcate a certain safety standard in their vehicles to achieve the required NCAP rating for selling their vehicles in a certain geography. These factors are helping drive the market in terms of the adoption of advanced driver assistance systems.

Find more research reports by Grand View Research:

Vegetable Fats and the Oil Industry Procurement Intelligence : The global vegetable fats and the oil market was valued at ~USD 235 billion in 2020 and it is expected to grow at a CAGR of 4% from 2020 to 2027.

Wastewater Treatment Industry Procurement Intelligence : The global wastewater treatment market was valued at ~USD 260 billion in 2020 and it is expected to grow at a CAGR of 6.5% from 2020 to 2027.

Yacht Charter Industry Procurement Intelligence : The global yacht charter market valued at ~USD 15 billion in 2020 and it is expected to grow at a CAGR of 5% from 2020 to 2027.

The key suppliers for advanced driver assistance systems market are:

Robert Bosch

Continental

ZF Friedrichshafen

Aptiv Denso

Magna International

Valeo Mitsubishi Electric

Nvidia

Panasonic

Texas Instruments

Vector

Hitachi Automotive Systems

Hyundai Modis

Delphi Automotive

Check out the featured Add-on Services offered with Advanced Driver Assistance Systems Industry Procurement Intelligence Report.

About us:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of the supply chain which helps in efficient procurement decisions.

Our services include (not limited to):

Market Intelligence involving - market size and forecast, growth factors, and driving trends

Price and Cost Intelligence - pricing models adopted for the category, the total cost of ownership

Supplier Intelligence - rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

Sourcing / Procurement Intelligence - best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best-suited countries for sourcing to minimize supply chain disruption

Our market/procurement Intelligence reports include in-depth and actionable insights that help clients in understanding the different aspects of the supply chain and take more effective decisions.

Find More information @ https://www.grandviewresearch.com/pipeline 

Contact Information:

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Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

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[marketinformation]

Superyacht Market to Witness Massive Growth, Emerging Technology Research Report by 2021-2027

Superyacht Market was valued at USD 12018.87 Million in 2018 and is projected to reach around USD 29361.60 Million by 2025, at a CAGR of XX% during the forecast period.

The base year considered for the study is 2018 and the forecast period is 2019-2025. The demand for superyacht in leisure & entertainment, water sports by rich customers is the major driving factor for superyacht market

Superyacht Market Key Players:

Amels

Azimut Benetti

Nobiskrug

Oceanco Feadship

ISA Yachts

OVERMARINE Group

Christensen Shipyards

Fincanteri

Blohm+Voss Heensen Yachts

Perini Navi

Lurssen Sunseeker Yachts

Holland Jachtbouw

Royal Huisman

Moonen Shipyards

Mulder Shipyards 

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Scope of Global Superyacht Market Reports –

Superyachts are like regular yachts but bigger and therefore more expensive. A superyacht also known as luxury yacht or megayacht is a commercially operated professionally crewed sailing or motor yacht that has a loadline length of 24 metres and above. Approximately there are more than 4476 superyachts in the world of which a quarter are available for charter. Sales of these luxury yacht vessels are way up every year, nearly 300 superyachts were sold in 2018 compared to 249 such sold in 2017.

Growing ultra-high net worth households, adventure enthusiasts, anticipation of privacy and leisure activities are influencing positive growth of global superyacht market.

Global superyacht market is segmented on the basis of yacht type, yacht size and region. On the basis of yacht type the superyacht market is segmented in to motor yacht, sailing yacht and others. On the basis of yacht size, the market is segmented in to below 40-meter, 40-80 meter and above 80 meters.

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Key Benefits

Global     Superyacht Market report covers in-depth historical and forecast analysis.

Global     Superyacht Market research report provides detail information about Market     Introduction, Market Summary, Global market Revenue (Revenue USD), Market     Drivers, Market Restraints, Market Opportunities, Competitive Analysis,     Regional and Country Level.

Global     Superyacht Market report helps to identify opportunities in marketplace.

Global     Superyacht Market report covers extensive analysis of emerging trends and     competitive landscape.

Superyacht Market Segmentation

By Yacht Type:  motor yacht, sailing yacht, others

By Yacht Size - below 40 meters, 40-80 meters, above 80 meters

Market Dynamics –

Growing demand of luxury cruising among rich and super rich individuals mainly in developing and developed countries. Sub 50-metre yacht segment is sold in highest numbers which is approximately 80% of new superyachts sold in 2017. However, sales of large yachts over 80-meters decreased in 2017. Among type of yachts, highest number of motor yachts are sold followed by sailing yachts. 

The superyachts are also in demand due to increasing interest in marine tourism, water-based sports and leisure activities. Also, these superyachts are used for travelling through sea from one destination to other by many rich people which propels the market to grow. 

Table of Content: Global Superyacht Market Research Report

Chapter 1: Global Superyacht Overview

Chapter 2: Global Economic Impact on Superyacht Markets

Chapter 3: Global Market Size Competition by Industry Producers

Chapter 4: Global Productions, Revenue (Value), according to Regions

Chapter 5: Global Supplies (Production), Consumption, Export, Import, geographically

Chapter 6: Global Productions, Revenue (Value), Price Trend, Product Type

Chapter 7: Global Market Analysis, on the basis of Application

Chapter 8: Superyacht Market Industry Value Chain

Chapter 9: Superyacht Market Chain, Sourcing Strategy, and Downstream Buyers

Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders

Chapter 11: Key Economic Indicators, by Market Vendors

Chapter 12: Market Effect Factors Analysis

Chapter 13: Global Superyacht Market Forecast Period

Chapter 14: Future of the Market

Chapter 15: Appendix

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[speedylightheart]

US Superyacht Market Global Expert Analysis To Help You Plan For Upcoming Years 2020-2026

Superyacht Market was valued at USD 12018.87 Million in 2018 and is projected to reach around USD 29361.60 Million by 2025, at a CAGR of XX% during the forecast period. The base year considered for the study is 2018 and the forecast period is 2019-2025. The demand for superyacht in leisure & entertainment, water sports by rich customers is the major driving factor for superyacht market

Scope of Global Superyacht Market Reports –

Superyachts are like regular yachts but bigger and therefore more expensive. A superyacht also known as luxury yacht or megayacht is a commercially operated professionally crewed sailing or motor yacht that has a loadline length of 24 metres and above. Approximately there are more than 4476 superyachts in the world of which a quarter are available for charter. Sales of these luxury yacht vessels are way up every year, nearly 300 superyachts were sold in 2018 compared to 249 such sold in 2017. Growing ultra-high net worth households, adventure enthusiasts, anticipation of privacy and leisure activities are influencing positive growth of global superyacht market.

Global superyacht market is segmented on the basis of yacht type, yacht size and region. On the basis of yacht type the superyacht market is segmented in to motor yacht, sailing yacht and others. On the basis of yacht size, the market is segmented in to below 40-meter, 40-80 meter and above 80 meters. The regions covered in this superyacht market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of Superyacht is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.

Superyacht Market Key Players:

Amels

Azimut Benetti

Nobiskrug

Oceanco Feadship

ISA Yachts

OVERMARINE Group

Christensen Shipyards

Fincanteri

Blohm+Voss Heensen Yachts

Perini Navi

Lurssen Sunseeker Yachts

Holland Jachtbouw

Royal Huisman

Moonen Shipyards

Mulder Shipyards

Market Dynamics –

Growing demand of luxury cruising among rich and super rich individuals mainly in developing and developed countries. Sub 50-metre yacht segment is sold in highest numbers which is approximately 80% of new superyachts sold in 2017. However, sales of large yachts over 80-meters decreased in 2017. Among type of yachts, highest number of motor yachts are sold followed by sailing yachts. The superyachts are also in demand due to increasing interest in marine tourism, water-based sports and leisure activities. Also, these superyachts are used for travelling through sea from one destination to other by many rich people which propels the market to grow. Solar powered yachts are innovated recently in superyacht industry which creates opportunity for this market. The main restraining factor for superyacht market is the high cost of the yachts which can only be afforded by super rich customers. North America is dominating the superyacht market with largest share and expected to maintain its position in forecast period due to presence of major yacht’s manufacturers, increasing demand of motor superyachts for water sports and leisure activities and presence of super rich families. As of 2018, USA has largest number of superyacht owners which is about 407 yachts. Europe is the second largest in superyacht market with many superyacht ownerships among countries like Russia, Greece and UK due to increasing water sports activity, and marine tourism. As for Asia Pacific, it is the fastest growing region in global superyacht market due to growing economy, rising adoption of high standard of living and growing travel & tourism sector. As for Middle east and African region the market will have moderate growth due to presence of rich countries like Saudi Arabia.

Key Benefits

Global Superyacht Market report covers in-depth historical and forecast analysis.

Global Superyacht Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.

Global Superyacht Market report helps to identify opportunities in marketplace.

Global Superyacht Market report covers extensive analysis of emerging trends and competitive landscape.

Superyacht Market Segmentation

By Yacht Type:  motor yacht, sailing yacht, others

By Yacht Size - below 40 meters, 40-80 meters, above 80 meters

By Region:

North America, US, Mexico, Chily, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, South Korea, Japan, India, Southeast Asia, Latin America, Brazil, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa

Table of Content

Chapter – Report Methodology

1.1. Research Process

1.2. Primary Research

1.3. Secondary Research

1.4. Market Size Estimates

1.5. Data Triangulation

1.6. Forecast Model

1.7. USP's of Report

1.8. Report Description

Chapter - Superyacht Market Overview: Qualitative Analysis

2.1. Market Introduction

2.2. Executive Summary

2.3. Superyacht Market Classification

2.4. Market Drivers

2.5. Market Restraints

2.6. Market Opportunity

2.7. Superyacht Market: Trends

2.8. Porter's Five Forces Analysis

2.9. Market Attractiveness Analysis

Chapter – Superyacht Market Overview: Quantitative Analysis

Chapter - Superyacht Market Analysis: Segmentation By Type

Chapter - Superyacht Market Analysis: Segmentation By Application

Continued....

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[robinmark]

Sales of Yacht Charter to Decelerate in 2020 as COVID-19 Pandemic Takes its Toll on Global Market

Future Market Insights offer a 10-year forecast for the global yacht charter market between 2017 and 2027 in its recent report titled “Yacht Charter Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)”. The primary objective of the report is to offer insights on the advancements in the yacht charter market. The study demonstrates market dynamics that are expected to influence the current environment and future status of the global yacht charter market over the forecast period. The primary objective of this report is to offer updates on trends, drivers, restraints, value forecasts, and opportunities for manufacturers operating in the global yacht charter market.

Report Description

In this report, Future Market Insights (FMI) analyses the global yacht charter market for the period 2017–2027. The primary objective of the report is to offer updates on the advancements in the global yacht charter market.

In the next section, FMI analyses the performance of the yacht charter market on the basis of the global market revenue split, since this is essential in understanding the future growth potential of the market. This section also includes FMI’s analysis of the key trends, drivers and restraints and opportunities that are influencing market growth currently. Impact analysis of the key growth drivers and restraints, based on the weighted average model, is included in the report across all regions to equip and arm clients with crystal clear decision-making insights.

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The next section of the report includes analysis of the yacht charter market by region. It provides a market outlook for 2017–2027 and sets the forecast within the context of the yacht charter market. This study discusses the key regional trends contributing to growth of the yacht charter market on a worldwide basis, as well as analyses the degree at which the global drivers are influencing this market in each region. Key regions assessed in this report include Caribbean, Mediterranean, Rest of EMEA, Americas and APAC.

All the above sections, by yacht type, consumer type, by yacht size, and by region evaluate the present scenario and the growth prospects in the yacht charter market for the period 2017–2027. We have considered 2015 as the base year and provided data for the trailing 12 months.

To calculate the yacht charter market size, we have considered the overall revenue generated from sales of yacht charter across the various regions. The forecast presented here assesses the total revenue, by value, generated across the yacht charter market. In order to offer an accurate forecast, we started by sizing the current market, which forms the basis of how the yacht charter market would develop in the future. Given the characteristics of the market, we triangulated the outcome on the basis of three different types of analysis – based on supply side, consumer spending and economic envelope. However, forecasting the market in terms of various yacht charter segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them after the forecast has been completed.    

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It is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse on the basis of key parameters, such as Year-on-Year (Y-o-Y) growth, to understand the predictability of the market and to identify the right opportunities in the yacht charter market.

Another key feature of this report is the analysis of all key yacht charter market segments and sub-segments, regional adoption, revenue forecast in terms of absolute dollar forecast in terms of absolute unit. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity are critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources, from a sales and delivery perspective, present in the yacht charter market.

In order to understand the key segments in terms of growth and adoption of yacht charter across the concerned regions, FMI has developed the yacht charter market attractiveness index, which should help clients identify the real market opportunities.

In-depth competitive assessment

In the final section of the report, the yacht charter market competitive landscape is included to provide report audiences with a dashboard view, based on various categories of providers present in the market value chain, their yacht charter product portfolio and key differentiators in the market. Key categories of providers covered in the report are yacht charter providers. This section is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a segment in the yacht charter market value chain. Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors based on the in-depth assessment of their capabilities and success in the yacht charter market place. Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the yacht charter market space.

Key Segments Covered

By Yacht Type

Motor Yacht

Sailing Yacht

By Consumer Type

Displacement Type

Semi-Displacement

Planing

Catamaran

Trimaran

Sloop

Schooner

Catamaran

Ketch

Corporate

Retail

By Yacht Size

Key Regions/Countries Covered

Individual

Family/Group

Couple

Others

Large (over 50m)

Medium (30m – 50m)

Small (up to 30m)

Caribbean

Mediterranean

Rest of EMEA

Americas

APAC

BVI

Martin

Grenada

Cuba

Rest of Caribbean

Spain

France

Greece

Turkey

Croatia

Rest of Mediterranean

Sweden

Austria

Poland

GCC

Netherland

U.K.

South Africa

Others

Bahamas

Florida

Mexico

Rest Of Americas

Thailand

Malaysia

Indonesia

Australia

Maldives

Rest of APAC

[blog-markjohnson07]

Luxury Yacht Market Share, Size 2018 Analysis, Overview, Growth, Demand and Forecast Research Report to 2025

Facto Market Insights (FMI) is one of the leading market research analyst incorporated its latest research subject title “Luxury Yacht Market - to its diverse bouquet of market research reports. With in depth study it provides bull’s eye analysis of market drivers, its challenges, opportunity trends along with various key analytical insights. In addition FMI anticipates the report on global luxury yacht market to help its patrons to understand and gaze the important aspects that are expected to intensify the growth patterns of the global market in near future. The study and research doesn’t confine itself to just the patterns but takes a leap ahead and do a complete analysis of the market size and forecast for the different segments & geographies covering the impact analysis of ongoing covid 19 pandemic.

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Luxury yachts are large, luxurious, professionally crewed motors or sailing yachts with length varying from 75 feet and expanding to more than 250 feet. These are often available for chartered providing as well as private purposes to provide seamless luxury experience full of high standard and comfort. Luxury yachts are vessels 75 feet and above accommodated with sophisticated and luxurious and personalized facilities such as Jacuzzi spa, gymnasium, sauna, and sun pads.

The key factors that drive the growth of the luxury yacht market include change in lifestyle of people fueled by growth in high net worth individuals, rise in inclination toward recreational and leisure activities, and surge in trend of yacht tourism. Moreover, customized solutions according to specific requirements and designs have created new opportunities for the growth of the luxury yacht market. However, factors such as high maintenance and running cost are expected to impede the market growth. Furthermore, novel innovations such as advanced composites and multihull yachts have gained huge traction in the recent years, which in turn are anticipated to create lucrative opportunities for the market expansion in the upcoming future.

The global luxury yacht market is segmented based on size, type, and material. Based on size, the luxury yacht market is segmented into 75-120 feet, 121-250 feet, and above 250 feet. Based on type, the market is divided into sailing luxury yacht, motorized luxury yacht and others. Based on material, the market is analyzed across FRP/composites, metal/alloys and others. Based on region, it is studied across Americas, Europe, Asia-Pacific, and Middle East & Africa.

To know the latest trends and insights prevalent in this market, click the link:https://www.factomarketinsights.com/report/295/luxury-yacht-market-amr

Key players profiled in the report include Alexander Marine Co Ltd, Damen Shipyards Group, AzimutBenettiS.p.A., Feadship, FERRETTI S.P.A., Horizon Yacht USA, Princess Yachts International plc, Sanlorenzo Spa, Sunseeker International Limited, and Viking Yacht Company

KEY BENEFITS FOR STAKEHOLDERS                 • The report provides an extensive analysis of the current and emerging market trends and opportunities in the global luxury yacht market. • The report provides detailed qualitative and quantitative analysis of current trends and future estimations that help evaluate the prevailing market opportunities. • A comprehensive analysis of the factors that drive and restrict the growth of the market is provided. • An extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework. • The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.

KEY MARKET SEGMENTS

By Size • 75-120 feet • 121-250 feet • Above 250 feet

By Type • Sailing Luxury Yacht • Motorized Luxury Yacht • Others

By Material • FRP/Composites • Metal/Alloys • Others

By Region

North America

S.

Canada

Mexico

Europe

Germany

France

UK

Italy

Spain

Rest of Europe

Asia-Pacific

Japan

China

India

Australia

Rest of Asia-Pacific

LAMEA

Brazil

Saudi Arabia

South Africa

Rest of LAMEA

For Any Queries Visit @ https://www.factomarketinsights.com/enquiry/295

About Us

Facto Market Insights is one of the leading providers of market intelligence products and services. We offer reports on over 10+ industries and update our collection daily which helps our clients to access database of expert market insights on global industries, companies, products, and trends.

Our in-house research experts have a wealth of knowledge in their respective domains. With Facto Market Research, you always have the choice of getting customized report free of cost (upto 10%). Our support team will help you customize the report and scope as per your business needs. This ensures that you are making the right purchase decision.

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[yachtingboat]

Captains, Charter & A Superyacht Service: Down Under

Captains, Charter & A Superyacht Service: Down Under

“Everybody wants a superyacht in front of the Opera House!” claims Clemens Overdijk, Marina Manager of Sydney Superyacht Marina. We explore exactly why, and his optimism about the future for Sydney...

His marina is already yielding positive results from the upcoming 36th America’s Cup and the recent pivotal legislation opening up charter in Australia. Yet, amid the tidal wave of optimism and opportunity elevating the industry Down Under, Clemens adamantly stresses one thing. That quality of service is paramount to any success in this luxury business. 

Clemens Overdijk arrived in Sydney from his native Holland in 1999 and has amassed over 20 years of marina experience since starting at D’Albora, Australia’s largest group of marinas. Coming from a hospitality background, he applied a service-oriented approach from early on.

“At that time in 1999, marinas were more a perfect place to park your vessel. There was a lot of scope in terms of adding hospitality to it, applying those hospitality principles and making marinas a place where people are welcome.”

Now at the helm of Sydney’s premiere destination for visiting superyachts, Clemens’ philosophy remains untouched. “It’s a very personalised service,” he says when analysing why his marina generally has longer lead times. “During that time, you need to quickly establish a relationship with the Captain, because they are often the deciding factor in whether a yacht comes in or goes elsewhere.”

When engaging with Captains, honesty and transparency are the cornerstone of building any relationship. “I have a very direct approach,” explains Clemens. “I assess what is important for Captains. I am forthright in confirming what we have and what we don’t have as Captains need to be aware of what they can and cannot do.”

It is hard to imagine that transparency is a particularly difficult thing to manage, considering the incredible strategic advantages of the location. The Sydney Superyacht Marina boasts sheltered, deep-water facilities just 10 minutes from the hustle and bustle of the CBD. For such a central location to have 20 superyacht berths, some up to 74 metres, is already a major benefit for owners. With new legislation permitting charter of foreign-flagged vessels for the first time, Clemens anticipates that the city will welcome many more superyachts. 

“We expect that more high-net-worth-individuals will come to Sydney and have that initial charter experience. Whether it be people that would like to own a superyacht and are just testing the market, or the older generation that don’t necessarily want to own a superyacht but still have the experience. That’s where Sydney and the Sydney-based fleet will benefit.”

For superyachts and their guests, Sydney a unique experience. “It’s Australia’s hotspot,” says Clemens. “There are many destinations within Australia, but everybody wants to see Sydney. It might not be the location where you holiday for long, we don’t have the diving sites, but everybody wants to have a superyacht in front of the Opera House! Everybody wants to visit the Opera House and the fine dining that we offer.”

Good news for the local charter market, but Clemens is quick to revert back to the importance of service, especially in a situation where growth is expected. “The charter fleet will need to offer a higher level of service and there’s a good number of new charter vessels already in the 40m range offering that super service. There are some older charter boats that will need to step up, and they’ll need to reimagine themselves as delivering that higher level of service because the competition is increasing.”

The impacts of greater competition are not refined to experiences onboard superyachts. Though developing an industry is not an overnight process and should be expected to take some years still, there are much wider benefits that will filter down. “We first need to see an increase in the charter fleet here in Sydney, but that will become a bigger market in terms of mechanical and maintenance service and also in terms of the fresh roots supply chain.”

One region that Clemens mentions is more prepared in this respect is Queensland. The Sunshine State hosts some of the East Coast’s most important infrastructure, including Gold Coast City Marina, The Yard Brisbane, Boatworks and the world renowned Rivergate Marina & Shipyard. The Queensland government even has a plan in place to become APAC’s superyacht hub by 2023, and Clemens hopes Sydney will harness similar ambitions. “Over the next 5 years the government will better understand the opportunities that we can create as an industry and how it can benefit from that. Infrastructure will have to change here at Sydney Harbour.”

Competition between the foreshore and real estate development in the city means that, for marinas, this is likely to be more a case of re-development rather than new development. With an increase in yacht migration towards Sydney expected over the coming years, Clemens assures that The Sydney Superyacht Marina is in safe hands to provide world-class service. “We are in a very fortunate position. We have a good owner behind us who sees those trends and is willing to see how we can improve our facilities in the long term.”

So, when can we expect to see images of larger superyachts sailing proudly past the Sydney Harbour Bridge and Opera House? According to Clemens, there has been some immediate effect already, however he believes it will progress in stages. “I’ve already had three enquiries for 74m vessels, with one confirmed booking. Sydney will see an influx of superyachts between 40-55m initially, and I think the 65-70m drive will come in the next five to six years.”

A city that offers such a variety of experiences, from the surfing-haven of Bondi Beach to top class museums and the Botanic Gardens, Sydney is an unmissable stop for any superyacht itinerary in the South Pacific.

Clemens Overdijk

Captains, Charter & A Superyacht Service: Down Under

Captains, Charter & A Superyacht Service: Down Under

Captains, Charter & A Superyacht Service: Down Under