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Navigating the global yacht market's future 2024-2029! The global yacht market was valued at USD 26.00 billion in 2023 and to reach USD 40.40 billion by 2029, growing at a CAGR of 7.62% during the forecast period. As yacht owners increasingly seek unique designs and features that cater to their tastes and preferences, customization and personalization are becoming essential market drivers. Trend alert: Growing economic prosperity results in a broadening customer base with the means to purchase yachts across various sizes, from mid-sized cruisers to superyachts. Europe, renowned for its extensive maritime heritage, presents an alluring market characterized by its coastlines and penchant for luxurious living standards. The motorized yachts segment holds a higher market share and is expected to grow with a higher CAGR during the forecast period. Renowned manufacturers such as Azimut|Benetti Group, Ferretti Group, and Sunseeker International Ltd are prominent contenders, recognized for their reputation in crafting innovative and top-tier vessels. Know more https://bit.ly/49sqTEm Share your insights or any questions you have in the comments below! #yachtmarket #ariztonresearchreveals #marketresearch #researchreport #marketinsights #markettrends #marketsize #marketshare #marketgrowth #marketforecast #marketexpansion #yachtmarket2024 #globalyachtoutlook #2029yachtprojections #yachtindustrygrowth #futureofyachts

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