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The Middle East is the most important superyacht (40 metres and above) market globally. The area has the highest propensity to buy a superyacht, at approximately 48%, which means that close to 50% of the wealthy residents are exploring the acquisition of this status symbol. This propensity to buy is greater than any other place worldwide.
While, conventionally, Western Europe and North America are the major markets for superyachts, the large number of ultra-high-net-worth individuals present in these regions makes the Middle East an interesting yacht market. Azzam, the largest yacht in the world, as well as approximately a third of the other 200 largest yachts internationally, are owned by the citizens of the Middle East.
Why should the report be purchased?
The report Assessment of the Middle East Yacht Industry highlights key drivers of, and trends emerging in, the Middle East yacht industry. The Initiatives and performance of key players, including Princess Yacht, Gulf Craft, have been presented. The current market scenario and future prospects of the sector has also been examined. The report contains latest industry leaders verbatim.
Key Topics Covered:
1. Overview of the Global Yacht Market
2. Overview of the Middle East Yacht Market
3. Market Statistics
4. Trends & Drivers
5. Industry Challenges
6. Key Player Profiles
7. Future Outlook
8. Other Emerging Yacht Markets
- Ferretti Group
- Gulf Craft Inc.
- Princess Yachts International PLC
- Sunseeker International
For more information visit http://www.researchandmarkets.com/research/7jngw3/assessment_of_the.
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