Middle East Yacht Market 2018 Study
Our analysts believe that the long-term outlook for the yacht market in the Middle East is positive. Demand for yachts in the Middle East has remained stable and is expected to continue being so. Yachting has emerged as a key aspect of the luxury lifestyle in the region. The growing yachting market is affecting various other industries in the region such as manufacturing, sales, design and real estate.
The Middle East has now become a dominant force in the largest divisions of superyachting. The GCC region’s attractiveness has further got a boost from the planned Qatar 2022 FIFA World Cup and Dubai Expo 2020. The Expo is expected to attract 25 million visitors, and plans to improve the existing yachting infrastructure for the event are already underway. With more and more players setting up local representation, the overall service level has improved.
This is having a direct impact on the prospect’s decision to buy yachts as they are very wary of purchasing without assurance of service levels. The region is experiencing steady demand for superyachts. Approximately 12% of the world’s superyachts are owned by buyers from the Middle East.
Why should the report be purchased?
The report ‘Studying the Middle East Yacht Market 2018’ highlights key drivers of and trends emerging in the global and the Middle East yacht industry. The Initiatives and performance of key players in the including Sunseeker International, Fraser, Ferretti Group, Azimut Benetti, Princess Yachts International Plc and Gulf Craft Inc. The current market scenario and future prospects of the sector has also been examined. China Emerging yacht markets other than the Middle East have been studied as part of this report. The report contains latest industry-related opinions.
Research methodology and delivery time
Smart Research Insights has conducted in depth secondary research to arrive at key insights. Data collected from key public industry sources and publications has been scanned and analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.
The report is available as single-site single-user license. The delivery time for the electronic version of the report is immediate and dispatch time for hard copies is 2 business days, as each hard copy is custom printed for the client.
About Smart Research Insights (SRI)
SRI is a research organization specializing in industry research reports and custom research. Our team of dedicated researchers with rich experience across industry segments focuses on delivering high quality analysis. Undertaking in-depth secondary research, we arrive at key insights, which are supported by data that has been analyzed impartially to present a clear picture of the industry. All recent developments and industry opinions which impact the sector dynamics are captured and used to support the research hypothesis.
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