#Superyacht Market Share

[brieftheoristmiracle]

Global Superyacht Market Is Estimated To Witness High Growth Owing To Growing Demand for Luxury Yachts and Increasing Wealthy Population

The global Superyacht market is estimated to be valued at USD 18.8 billion in 2021 and is expected to exhibit a CAGR of 16.10% over the forecast period 2020-2028, as highlighted in a new report published by Coherent Market Insights. A) Market Overview: The Superyacht market refers to the market for luxury yachts that are over 24 meters in length. These yachts are designed and built to offer high-end amenities and luxurious experiences to their owners and guests. They are equipped with state-of-the-art technology, luxurious interiors, and various recreational facilities, making them popular among high-net-worth individuals and celebrities. Superyachts are used for leisure and recreational purposes, as well as for corporate events and private parties. They provide an exclusive and luxurious cruising experience, offering privacy, comfort, and unparalleled services. The market for superyachts is driven by the increasing demand for luxury experiences, rising disposable income, and the growing number of wealthy individuals globally. B) Market Dynamics: 1. Driver: Growing Demand for Luxury Yachts The demand for luxury yachts has been increasing due to the rising trend of experiential tourism and the desire for unique and exclusive experiences. Luxury yacht owners and charterers seek personalized services, exceptional comfort, and privacy while cruising. This has led to an increasing number of individuals investing in superyachts. Additionally, advancements in yacht technology, such as stabilizers for a smoother sailing experience, eco-friendly propulsion systems, and innovative design concepts, have further enhanced the appeal of luxury yachts. These technological advancements have also led to the development of hybrid and electric superyachts, catering to the growing demand for sustainable yachting. 2. Driver: Increasing Wealthy Population The Superyacht Market Size is influenced by the wealth and spending power of high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs). The number of HNWIs and UHNWIs has been steadily increasing across the globe. These individuals seek luxury assets and experiences, including owning or chartering a superyacht. The growing wealth in emerging economies, such as China, India, and Brazil, has also contributed to the demand for superyachts. Furthermore, the younger generation of wealthy individuals has shown an increasing interest in yachting, which is expected to drive the growth of the market in the coming years. C) SWOT Analysis: Strength: 1. Growing demand for luxury experiences 2. Technological advancements in yacht design and features Weakness: 1. High cost of ownership and maintenance 2. Limited accessibility for aspirational buyers Opportunity: 1. Emerging markets and untapped customer segments 2. Rising popularity of eco-friendly yachting Threats: 1. Economic downturns and uncertain market conditions 2. Stringent regulations for environmental conservation D) Key Takeaways:

The global Superyacht market is expected to witness high growth, exhibiting a CAGR of 16.10% over the forecast period. The growing demand for luxury yachts and increasing wealth among individuals are major drivers for this growth.

In terms of regional analysis, Europe is the fastest-growing and dominating region in the Superyacht market. The region has a long-standing tradition of yachting and is home to several renowned yacht manufacturers and shipyards. It attracts a significant number of superyacht owners and charterers from around the world.

Key players operating in the global Superyacht market include Azimut Benetti Group, BILGIN YACHTS, Ferretti S.p.A., Fincantieri S.p.A, Gulf Craft, Heesen Yachts, Heysea Yachts, Horizon Yachts, Lürssen Group, NOBISKRUG GmbH, Ocean Alexander, Perini Navi, PRINCESS YACHTS LIMITED, Sanlorenzo S.p.a., and Sunseeker International. These players focus on product innovation and offer a wide range of yacht models to cater to the diverse requirements of their customers.

In conclusion, the Superyacht market is poised for high growth due to the increasing demand for luxury experiences and the growing wealth among individuals. The market is driven by factors such as the desire for unique and exclusive cruising experiences, advancements in yacht technology, and the rising number of HNWIs and UHNWIs. However, challenges such as the high cost of ownership and maintenance and stringent regulations need to be addressed for sustained growth in the market.

#Superyacht Market #Coherent Market Insights #Superyacht Market Value #Superyacht Market Size #Superyacht Market Share #Superyacht Market Growth #Superyacht Market Analysis .

[empireyachtsdubai]

Empire Yachts - Yacht portal to hire private Luxury Boat & Best Rates For Yacht Charter Dubai

EMPIRE YACHTS WAS ESTABLISHED IN 2006 & IS DUBAI’S LEADING AWARD WINNING YACHT CHARTER COMPANY.

Empire Yachts are the only charter company that owns its own fleet of yachts, making us industry leaders in yacht chartering. We are the proud owners of the highest quality boats for hire available in the UAE at Empire Yachts rental Dubai.

We take pride in providing the most exclusive chartering experience.

These yachts are among the best on the market and have been hand-picked. We have something for you whether you desire to hire a yacht to share with your beloved or a superyacht to cruise the beach with all of your friends.

#empireyachts #yachtstyle #hireyacht #dubai yacht rental #yacht rental dubai #luxury yacht #yacht rental service in dubai #hire private luxury boat

[nanjemarineservice]

Exploring Luxury on Water: Used Yachts for Sale in Dubai

Dubai, a city synonymous with opulence and grandeur, is a playground for those who seek the epitome of luxury. Amidst the towering skyscrapers and extravagant lifestyles, the azure waters that surround Dubai offer a different dimension of indulgence - luxury yachts. For those with a penchant for the maritime lifestyle, the prospect of owning a yacht in Dubai is a dream that can now be realized through the flourishing market of used yachts for sale.

Dubai's coastline stretches for miles along the Arabian Gulf, providing the perfect backdrop for sailing enthusiasts to navigate the open waters in style. Owning a yacht in Dubai is not merely a status symbol; it's a statement of refined taste and a commitment to the pursuit of the extraordinary. The used yacht market in Dubai has gained significant traction, offering a diverse range of vessels that cater to various preferences and budgets.

One of the key advantages of exploring the Used Yachts for sale in Dubai is the opportunity to acquire a vessel with a rich history. Many yachts available for sale in Dubai have been previously owned by discerning individuals who have a deep appreciation for the finer things in life. These yachts often come equipped with state-of-the-art amenities and bespoke interiors, reflecting the unique tastes of their previous owners.

The process of purchasing a used yacht in Dubai is made seamless by the presence of reputable dealerships and brokers who specialize in luxury maritime assets. These professionals ensure that the transaction adheres to international standards and regulations, providing buyers with peace of mind and a smooth transition into yacht ownership. Additionally, the availability of experienced yacht technicians in Dubai ensures that the vessels are meticulously inspected and maintained before being listed for sale.

Dubai's used yacht market caters to a wide spectrum of preferences, from sleek and sporty vessels to expansive and luxurious superyachts. Buyers can find yachts that are suitable for day cruises, weekend getaways, or even extended voyages exploring the picturesque coastlines of the Arabian Peninsula. The diverse selection ensures that there is a perfect yacht for every individual, aligning with their specific needs and desires.

Owning a yacht in Dubai goes beyond the maritime experience; it opens doors to exclusive events and social circles within the city's elite. The Dubai Yacht Club, nestled along the waterfront, serves as a hub for yacht owners to come together, share experiences, and revel in the camaraderie of the maritime community. Whether it's participating in regattas or attending glamorous yacht parties, being a part of Dubai's yachting scene adds an extra layer of glamour to the overall ownership experience.

In conclusion, the used yacht market in Dubai presents a golden opportunity for those who aspire to make a statement in the world of luxury living. With a diverse range of vessels, expert guidance from dealerships and brokers, and a vibrant yachting community, acquiring a used yacht in Dubai is not just a transaction; it's a voyage into a world where the extraordinary is the norm. Embrace the allure of the open seas and embark on a journey of luxury and sophistication with a used yacht in the heart of Dubai.

[shradhacmi]

Global Superyacht Market Is Estimated To Witness High Growth Owing To Strong Demand For Luxury Cruising Experiences & Rising Wealthy Population

The global superyacht market, valued at US$ 22.5 billion in 2017, is projected to reach US$ XX billion by 2022, growing at a CAGR of 5.3% during the forecast period. The market is expected to witness high growth due to the increasing demand for luxury cruising experiences and the rising number of wealthy individuals worldwide.   A) Market Overview:   The superyacht market encompasses luxury vessels that are designed for pleasure and recreation. These yachts are equipped with high-end amenities and are known for their exceptional performance and comfort. Superyachts offer a range of services and onboard facilities such as swimming pools, theaters, spas, gyms, helipads, and multiple guest cabins. They are popular among high-net-worth individuals, celebrities, and corporate entities for leisure purposes, private charters, and corporate events.   B) Market Dynamics:   The superyacht market is driven by two main factors - the growing demand for luxury cruising experiences and the rising number of wealthy individuals worldwide. The desire for exclusive and unforgettable travel experiences has led to an increased demand for superyachts. These vessels provide privacy, luxury, and personalized services, attracting individuals who seek unique holiday options.   Furthermore, the rapid increase in the number of high-net-worth individuals, especially in emerging economies, has significantly contributed to the market growth. Rising disposable incomes and increasing affluence have enabled more people to afford luxury experiences and invest in superyachts.   C) Segment Analysis:   In terms of segmentation, the Superyacht Market can be categorized based on yacht type, size, and region. The motor yacht segment dominates the market, representing the highest market share. Motor yachts offer better speed, larger spaces, and enhanced stability, making them a preferred choice among superyacht enthusiasts.   D) PEST Analysis:   Political: The political factors influencing the superyacht market include regulations and government policies regarding yacht construction, ownership, and operation. Changes in taxation policies and import/export regulations can significantly impact the industry.   Economic: Economic factors such as GDP growth, disposable income, and consumer spending play a crucial role in the market's growth. The recovery of economies from the impact of the COVID-19 pandemic and the overall stability of the global economy will determine the market's future performance.   Social: Social factors influencing the market involve changing consumer preferences, evolving lifestyle choices, and increasing interest in luxury travel experiences. The desire to explore new destinations and seek unique adventures has contributed to the growth of the superyacht market.   Technological: Advancements in yacht building technologies, including the use of lightweight and eco-friendly materials, have revolutionized the superyacht industry. Technological innovations in navigation systems, onboard entertainment, and safety measures have enhanced the overall yacht experience.   Key Takeaways:   - The global superyacht market is estimated to witness high growth, exhibiting a CAGR of 5.3% over the forecast period, due to increasing demand for luxury cruising experiences and the rising number of wealthy individuals.   - In terms of regional analysis, the fastest-growing and dominating region in the superyacht market is North America, followed by Europe. North America has a high concentration of high-net-worth individuals and a strong culture of leisure and luxury travel.   -.

#Superyacht Market #Coherent Market Insights #Automotive and Transportation

[mybapopupshow]

West Palm Beach Yacht Show

The event is typically held in March in the Palm Beach County Convention Center and surrounding marina in West Palm Beach, Florida.

The 2023 West Palm Beach Yacht Show is lovely in late March. The weather is sure to be warm, sunny and pleasantly dry compared to the hot, humid Florida weather in summer.

The 2023 West Palm Beach Yacht Show will feature a wide variety of vessels, including everything from fishing vessels to luxury yacht charters.

The event lasts for four days, although preparations and unofficial events tend to occur both before and after the boat event.

Every year the West Palm Beach Yacht Show hosts some of the world's finest yachts, boats, and marine equipment. 

The 2023 West Palm Beach Yacht Show is expected to feature a wide variety of vessels, including fishing vessels, luxury yacht charters, and everything in between. 

The yachts and boats on display range in size from under 20 feet to over 150 feet, with prices ranging from a few thousand dollars to tens of millions of dollars.

The show also features exhibitors showcasing marine equipment, accessories, and services, with yacht builders, brokers, designers, and manufacturers showcasing their latest offerings. 

Exhibitors include yacht builders, brokers, designers, and manufacturers of everything from engines and electronics to navigational equipment and safety gear.

Overall, the West Palm Beach Yacht Show is a must-attend event for anyone interested in the boating and yachting world.

The show provides an unparalleled opportunity to view and compare a wide range of yachts and boats and to learn about the latest trends and technologies in the industry.

Overall, the West Palm Beach Yacht Show is a well-regarded event in the boating and yachting world. The show is considered a must-attend event for those with an interest in luxury yachts and marine equipment.

The West Palm Beach Yacht Show is a great opportunity for prospective yacht owners, or charterers. 

The show offers a great opportunity for visitors to explore and compare yachts of various sizes and styles, and to discover new trends and features in the luxury yacht market. 

Yacht shows like this are also an unmatched opportunity to view a variety of vessels in one location. It’s also a fantastic chance to network and learn about the latest trends and technologies in the marine industry.

The types of yachts on display at the show can vary widely, depending on the year, attending exhibitors and manufacturers who participate in the event.

Some of the most popular types of yachts at the West Palm Beach Yacht Show include:

Sportfishing Yachts

These yachts are designed for specifically for fishing enthusiasts. Sportfishing boats are designed for fishing, and come equipped with top-of-the-line fishing gear, including outriggers, fish finders, and rod holders.

Motor Yachts

Motor yachts are some of the most popular types of yachts at the WPB Yacht Show. Motor yachts run the gamut from small weekend cruisers to enormous superyachts. Motor yachts are primarily designed for comfort and luxury. They often include amenities like gourmet kitchens, spacious cabins, luxurious appliances and high-end entertainment systems.

Sailing Yachts

Modern sailing yachts come in a variety of sizes and styles. They range classic schooler designs, with modern twists, to futuristic hydrofoiling racing sailboats.

Catamarans

Catamarans are a type of multihull boat, which have two hulls.

Catamarans have become massively popular in recent years for the myriad advantages they provide over monohulls.

Catamarans provide a stable and spacious platform for cruising or entertaining, spacious living accommodations in the cabin, and a massive amount fo space on deck. Catamarans are increasingly popular with families and shared charter groups who want to experience off the beaten path destinations in comfort.

Expedition Yachts

Expedition yachts are in a class of their own. While other motor yachts are designed for comfort, expedition yachts are designed for adventure and exploration, and to be pushed to extremes. Expedition yachts typically feature rugged hulls, self-sufficient systems, extremely long fuel range and advanced navigation systems which allow them to navigate remote waters and harsh environments.

The West Palm Beach Yacht Show is a great opportunity for the yacht community to come together. It’s a chance to meet new friends and to see the latest and greatest offerings from the world's top yacht manufacturers.

Catamarans are a type of multihull boat, which have two hulls.

Catamarans have become massively popular in recent years for the myriad advantages they provide over monohulls.

Catamarans provide a stable and spacious platform for cruising or entertaining, spacious living accommodations in the cabin, and a massive amount fo space on deck. Catamarans are increasingly popular with families and shared charter groups who want to experience off the beaten path destinations in comfort.

Expedition Yachts

Expedition yachts are in a class of their own. While other motor yachts are designed for comfort, expedition yachts are designed for adventure and exploration, and to be pushed to extremes. Expedition yachts typically feature rugged hulls, self-sufficient systems, extremely long fuel range and advanced navigation systems which allow them to navigate remote waters and harsh environments.

The West Palm Beach Yacht Show is a great opportunity for the yacht community to come together. It’s a chance to meet new friends and to see the latest and greatest offerings from the world's top yacht manufacturers.

#yacht shows #boat shows #boat shows in florida

[brandstorywrites]

Yacht Rental Dubai | Empire Yachts Dubai

EMPIRE YACHTS WAS ESTABLISHED IN 2006 & IS DUBAI’S LEADING AWARD WINNING YACHT CHARTER COMPANY.

We are the only charter company to own its own fleet of yachts, setting the industry benchmarks & standards makes us pioneers in yacht chartering. At Empire Yachts rental Dubai, we are the proud owners of the highest quality boats for hire available in the UAE.

We pride about ourselves on delivering the most exclusive chartering experience.

These yachts are some of the finest the market has to offer and have been hand-picked. Whether you’re after a yacht hire to share with your lover, or a superyacht that you can utilise with all of your friends to cruise the ocean, we have something for you.

It isn’t just the fleet that is impeccable, but also the crew.

The Empire Yacht’s crew are the best the yacht industry can offer. Our captains are guaranteed to keep you safe and secure on your journey, as they share over 20 years of yachting experience all over the globe.

This experience and knowledge accumulates to ensure the smoothest ride that can be offered on board and will give you the confidence that you’re in good hands.

The captain is only as good as their weakest crew member, which is why the entire crew has been carefully reviewed and trained to meet the Empire Yacht’s expectations.

From UK to Australia, France to South Africa, each team member is utilised in combination with one another to ensure a cohesive and collaborative experience throughout the entire yacht chartering process.

Fully equipped crew for every water-sport activity that is on offer and fully trained dive masters are at your disposal for everything you need in regards to scuba and snorkelling.

The Empire Yachts Rental team are a combination of aspects that come together to form the perfect yacht chartering brokerage.

#dubai #boat #rental #boat rentals #empireyachts

[super-brandessence1]

Superyacht Market – Size, Share, Industry Analysis, Future Opportunities, Strategies and Forecasts 2019 – 2025

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.

 Get Full Report Overview @ https://www.brandessenceresearch.com/automotive-transport/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.

Key Players for Global Superyacht Market Reports–

Some major key players for global Superyacht market are 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 and others.

Global Superyacht 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 for Global Superyacht Market Reports –

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

 U.S.

 Mexico

 Canada

 UK

 France

 Germany

 Italy

 China

 Japan

 India

 Southeast Asia

 Brazil

 GCC

 Africa

 Rest of Middle East and      Africa

Superyacht Market Key Players

Amels

Azimut Benetti

Nobiskrug

Oceanco Feadship

ISA Yachts

OVERMARINE Group

Christensen Shipyards

Fincanteri

Blohm+Voss Heensen Yachts

Perini Navi

For more information or any query mail at [email protected]

 About us: Brandessence Market Research and Consulting Pvt. ltd.

Brandessence market research publishes market research reports & business insights produced by highly qualified and experienced industry analysts. Our research reports are available in a wide range of industry verticals including aviation, food & beverage, healthcare, ICT, Construction, Chemicals and lot more. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students. We have a delivery center in Pune, India and our sales office is in London.

 Contact us:

Alan Ruffalo Business Development Manager Kemp House, 152 – 160 City Road, London EC1V 2NX Tel: [phone] Email:[email protected] Website:www.brandessenceresearch.biz

#Superyacht #Superyacht Market #Superyacht Market Size #Superyacht Market Share #Superyacht Market Analysis #Superyacht Market Trends #Superyacht Market 2019

[gomarcuskel12]

Superyachts Market Status and Trend Analysis 2017-2026 (COVID-19 Version)

Superyachts Market Status and Trend Analysis 2017-2026 (COVID-19 Version)/caption]

Due to the pandemic, we have included a special section on the Impact of COVID 19 on the Superyachts Market Status and Trend Analysis 2017-2026 (COVID-19 Version) 2020-2026 which would mention How the Covid-19 is Affecting the Industry, Market Trends and Potential Opportunities in the COVID-19 Landscape, Key Regions and Proposal for Superyachts Market Status and Trend Analysis 2017-2026 (COVID-19 Version) Players to battle Covid-19 Impact.

Superyachts Market Status and Trend Analysis 2017-2026 (COVID-19 Version) 2020-2026The

Superyachts Market Status and Trend Analysis 2017-2026 (COVID-19 Version) 2020-2026

report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of Global Market. It offers detailed research and analysis of key aspects of the Superyachts Market Status and Trend Analysis 2017-2026 (COVID-19 Version). The market analysts authoring this report have provided in-depth information on leading growth drivers, restraints, challenges, trends, and opportunities to offer a complete analysis of the Superyachts Market Status and Trend Analysis 2017-2026 (COVID-19 Version).

Top Leading players covered in the Superyachts Market Status and Trend Analysis 2017-2026 (COVID-19 Version) report : Azimut Benetti Ferretti Group Sanlorenzo Spa Heesen Lurssen Feadship Princess Yachts Amels Sunseeker International Oceanco​​​​​​​​​​​ and More...

Get PDF Sample Report With Impact of COVID-19 on Superyachts Market Status and Trend Analysis 2017-2026 (COVID-19 Version)@

https://www.mraccuracyreports.com/marketreports/7/24075/Superyachts Market Status and Trend Analysis 2017-2026 (COVID-19 Version)

The report offers clear guidelines for players to cement a position of strength in the global Superyachts Market Status and Trend Analysis 2017-2026 (COVID-19 Version). It prepares them to face future challenges and take advantage of lucrative opportunities by providing a broad analysis of market conditions. the global Superyachts Market Status and Trend Analysis 2017-2026 (COVID-19 Version) will showcase a steady CAGR in the forecast year 2020 to 2026.

Market Segment by Type covers: Motor Superyachts Sailing Superyachts Sport Fishing Superyachts Expedition Superyachts Others

Market Segment by Application covers: Military Civilian

Our Complimentary Sample Superyachts Market Status and Trend Analysis 2017-2026 (COVID-19 Version) Report Accommodate a Brief Introduction of the research report, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology.

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https://www.mraccuracyreports.com/marketreports/7/24075/Superyachts Market Status and Trend Analysis 2017-2026 (COVID-19 Version)

Regions Covered in the Global Superyachts Market Status and Trend Analysis 2017-2026 (COVID-19 Version):

• The Middle East and Africa (GCC Countries and Egypt)

• North America (the United States, Mexico, and Canada)

• South America (Brazil etc.)

• Europe (Turkey, Germany, Russia UK, Italy, France, etc.)

• Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

Years Considered to Estimate the Superyachts Market Status and Trend Analysis 2017-2026 (COVID-19 Version) Size:

History Year: 2015-2019

Base Year: 2019

Estimated Year: 2020

Forecast Year: 2020-2026

Highlights of the Report:

• Accurate market size and CAGR forecasts for the period 2019-2026

• Identification and in-depth assessment of growth opportunities in key segments and regions

• Detailed company profiling of top players of the global Superyachts Market Status and Trend Analysis 2017-2026 (COVID-19 Version)

• Exhaustive research on innovation and other trends of the global Superyachts Market Status and Trend Analysis 2017-2026 (COVID-19 Version)

• Reliable industry value chain and supply chain analysis

• Comprehensive analysis of important growth drivers, restraints, challenges, and growth prospects

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#Superyachts Market #Superyachts Forecast #Superyachts Industry Trends #Superyachts Market Share #Superyachts Market Growth #Superyachts Industry Size #Superyachts Market Overview

[mostlysignssomeportents]

Trustbusting is stimulus

Antitrust enforcement is virtually a dead letter in America (it was killed 40 years ago by Reagan's court sorcerer Robert Bork, better known as the Nixonite criminal who couldn't get approved for a SCOTUS seat).

But even when we WERE enforcing antitrust, we tended to pump the brakes during economic crises: no one wants to put additional constraints on business during a downturn.

That's wrong. Antitrust enforcement isn't an economic drag, it's an economic STIMULUS.

https://promarket.org/2020/10/19/antitrust-as-economic-stimulus-competition-help-workers/

Monopolies extract higher profits by crushing workers and small competitors, but workers and small businesses spend their earnings back into the economy.

Monopolist's shareholders, on the other hand, tend to bank their winnings, or spend it on items with small multipliers like superyachts and fractional shares in rare artworks shuttered in climate-controlled containers in Swiss freeports.

By contrast, workers buy groceries, pay contractors to fix their roofs, or buy braces for their kids. That money recirculates in the communities in which it is earned, multiplying itself over and over again.

Writing in Promarket, Hal Singer and Marshall Steinbaum present us with some contrafactuals:

"Rather than having one tech giant controlling social media and the associated advertising, imagine we had 10: Assuming the same revenues, it is not a stretch to conclude industry-wide spending on R&D and labor under the decentralized configuration would be larger."

And they propose ways that the state can intervene before monopolies emerge, to prevent them from leveraging early wins into stagnating, strangulating dominance.

Example: Tesla is set to corner the market on EVs in part via its national network of superchargers. So invest in public chargers, which can be privately operated by entities not affiliated with any manufacturer, "so Tesla’s nascent rivals can compete in the short run."

But instead of securing the stimulus effect of competition, Congress and the Trump admin are sitting by idly as giant firms spend their stimulus money colluding to REDUCE competition (like Jetblue and AA announcing a "marketing partnership" with their bailout money).

Without antimonopoly vigilance, downturns become bonanzas of anticompetitive takeovers: all the small companies that are tipped into precarity by the crisis can be bought for pennies on the dollar by dominant firms, further cementing their dominance.

It's time to guillotine Borkism and its idiotic, plute-friendly doctrine of permitting monopolistic conduct unless it results in immediate, impossible-to-prove "consumer harm."

Not only has Borkism been shown to be a catastrophic failure, it is a failure that is especially dangerous during this crisis. This is the moment at which America needs firms to thrive by doing things that make us all better off - not by choking their competitors.

The last time the DoJ did any real antitrust was in 1982, when they broke up AT&T. At the time, Borkists warned that DoJ was handing a gift to the Japanese tech industry, which they characterized as sinister copycats descended from the fascist enterprises of Imperial Japan.

They said that America needed AT&T as a "national champion" to defend itself against this pretender half a world away. Today, we hear the same arguments about Big Tech antitrust and the Chinese tech companies.

But breaking up AT&T in 1982 was the best thing that could have happened to America. AT&T's core project in 1982 wasn't fighting Japanese electronics companies: it was suppressing the growth of the internet in the USA, to preserve its monopoly on telecoms.

AT&T's business model was controlling all the services available on the network and charging money for every "feature" your phone came with. Not just charging farcical markups for long-distance...remember when you had to pay for "caller ID"?

That's the equivalent of your email provider charging extra to see who a message comes from before you open and read it! AT&T's stranglehold over telecoms let it nickel-and-dime Americans for every "feature" of the system.

The internet moved control over services to the edge of the network - the programs running on the computers in users' homes (and later, pockets). It annihilated the a-la-carte grift of Ma Bell and jumpstarted a new, US-dominanted form of global soft power.

In other words, breaking up America's "national champion" in '82 allowed all the current Big Tech companies - the new national champions that Borkists say we mustn't break up - to come into existence and grow.

Imagine how many brilliant ideas, products and services the current Big Tech companies are strangling!

After the Bell breakup, the DoJ entered its 40 year hibernation, sleeping through AT&T's re-acquisition of the "Baby Bells," which resurrected the telecoms octopus.

The DoJ has announced new antitrust action against Google, a long overdue move that will doubtless lead to antitrust enforcement against other dominant firms in tech and other industries (do AT&T next!). But the DoJ complaint focuses on Borkean "consumer harm."

It's time to jettison "consumer harm." The reason to fight monopolies is that they MONOPOLIZE. They crush workers and small rivals, and pervert regulation and law. They enrich wealthy shareholders at the expense of the rest of us.

Monopolies should be killed because they are MONOPOLIES.

#pluralistic

[art-angels]

CÉCILE PLAISANCE AND HER COMIC, SURREAL AND PROVOKING LENTICULAR WORK

Cover story, via SuperYacht Digest

Cécile Plaisance turns the tables and breaks stereotypes, codes and roles using Barbie not as an object but rather as the incarnation of free, seductive and empowered women.

Barbies are part of every girl’s life. Some put them in the loft and forget about them, some others pass them to their daughters and Cécile Plaisance creates art with them. Feminists have always accused Barbie to promote the objectification of the female body, a perfect and inaccessible body, the idea of a submitted woman and consumerism. She turns the table an breaks stereotypes, codes and roles using Barbie not as an object but rather as the incarnation of free seductive and empowered women.

Born in 1968 in Paris, Cécile Plaisance is a French photographer, mostly active in Brussels. For many years she did not get the opportunity to develop her love for photography. She graduated in Economics and Commerce with at DEA Diploma for Paris Dauphine University. For over 10 years she works in the European financial markets, but photography was always in the back of her mind and her camera followed her everywhere. She also worked in the IT sector with her husband but after moving to Brussels she left the masculine environment of finance to eventually follow here passion for photography. She studied at Contraste Photography Agency and she took Photoshop classes which soon became a fundamental tool for her creations. At the end of the third year the school organized an exposition with its students’ photos and that is where Barbie dolls made their first appearance to Cécile’s works. She wanted to give homage to Helmut Newton but at that time she didn't have enough money to pay for real-life models, so she turned to her daughter’s barbie collection. Plaisance mentions Newton as one of the greatest photographers whose woks have inspired her, along with Barbara Kruger, Richard Avedon, Mel Ramos and Russel James.

Through her work, she pursues a strong message, yet ludic. Her art is not a war of the sexes, it is an ode to femininity and to all women. She is not against men, at all, in fact she things we should find a proper balance between men and women. In her photographs, Plaisance elevates the idea off every girl’s childhood to a superior cause: she defends women’s rights, desires and freedom. She links Barbie to the women of today, playing with her femininity, managing everyday-life tasks, becoming a perfect housewife of boss lady. In some photographs from her Lens series, Plaisance transforms the magazine read by women looking for the perfect outfit into the perfect outfit itself.

Cécile Plaisance is well-known for her comic, surreal and provoking photos of Mattel’s iconic doll. She superimposes difference pictures of Barbie getting dressed-undressed which change according to the position of the viewer. With her Barbie series, the artist does not only want to take us back to our childhood, but she also links the iconic doll to the empowered woman of today in different settings, actions and cultures.

Her works are featured in several exhibitions, fairs, galleries and museums, including LA Art Angels gallery, Erarta Museum of Contemporary Art in Saint Petersburg, Art Miami, Art Cologne, Art Toronto, Scope Miami and Art Basel, Hong Jong. Her photographs can also be found in prestigious art collections, both private and corporative. The Handler family, founders of Mattel, of course had to have one of her creations, but also the King of Morocco, Victor Emmanuel of Savoy, Joe Malone CEO of her eponymous brand and the Ecclestone Family among others.

In 2016 her Nun & Baby was auctioned at Christies’s Paris for of $14,100. In 2018 PHOTO Magazine awarded her with the “Prix Photo” and put her work on cover.

French photographer has great respect for all religions, but none of them should promote physical and moral disrespectful behavior, dictated by some form of patriarchy. To her “there is no religion that can justify flouting women’s rights. Women should be equal to men and should be free to do whatever they want with their image and their bodies.” She uses her art to encourage women to take their freedom back, no matter where they live or what their religion may be. In her photographs, the nun’s cloak or the burqa hide a sexy and provocative woman. She explores the different roles that women play both publicly and privately and every action they take should be their exclusive decision. Despite the differences in cultures, clothes and fashion, al women around the world aspire to be free and to live fully and intensely in their lives.

In her series “La Bella Vita” her dolls are photographed on yachts, at sea, while sunbathing and having fun in the summer weather. They are so perfectly integrated with the environment that the line between fantasy and reality is blurred. The viewer questions whether the dolls are playing the role of a real-life model, or the model is playing the role of the glamorous dolls. Barbies appear to be alive and posing.

A single image was not enough for Plaisance to deliver the complex idea and nature of a multifaceted woman, so she superimposes two different images, with the same subject but in different poses or clothes, that appear to transform into each other. Barbie seems to undress depending on the viewer’s position in front of the photograph. Plaisance started using holograms, or lenticular lens, in 2010, becoming her predominant form of art ever since, to better explore the various aspects of a woman: how she sees herself, vs how others see her, the public persona she shows and the more private, intimate and secret one she keeps to herself. By using this technique, the French photographer animates a static image, making it dynamic and surprising to viewers that do not expect the photograph to change or move as the image is viewed from different angles.

Plaisance is one of the few artist in the world to dare to use the so-called lenticular printing. Lenticular printing was firstly used in marketing to promote and advertise products and now has become part of the world of fine art. It gives artist an incredible opportunity to explore depth and interact with the viewer. Even Pop Art artist Roy Lichtenstein, one of Plaisance’s source of inspiration, employed the lenticular printing technique.

Plaisance claims that lenticular printing could be very time consuming, hard and extremely expensive. She also adds that the whole process could be quite stressing because the results are not always perfect. Also, there are only 3 labs that produce these lenses in the world: in the US, in China and Ireland. That is why this technique is only for the most daring, and Cécile Plaisance definitely is one of them.

In 2016 she turned to real-life models after five years of working with Barbies. Plaisance explained she was strolling through Instagram and saw some photos of Olga Kent. Their collaboration started to culminate this year with a project dedicated to animal conservation and environmental issues: in the black and white “Planet Earth” series, Plaisance uses the photomontage technique, superimposing endangered habitats and animals. A very important subject for future generations, with the woman always at the centre, perfect to deliver strong messages.

During quarantine this year, Plaisance shot a new series called Bubble Gum, the protagonist, Barbie of course, is blowing a big bubble gum while wearing a pair of wide sunglasses.

Q&A WITH ARTIST CÉCILE PLAISANCE

SD: “Your works are not just any regular photos, where you take a picture, you Photoshop it and then you print it out. It is rather a long and time-consuming job, where there result is not always perfect at just, How long does it take you to create one work, start to finish, using the lenticular approach?

CP: “I have used the lenticular technique for ten years now and I have found that it allows me to deliver a stronger message. The shooting is already very complex as the model must not move from one pose (dressed) to another (undressed). Then the work consists of superposing the 2 images so that some parts are not moving, for example the face, the eyes. It takes me between 20 to 50 hours to finish an artwork. But I love the result. So to make a complete series takes some time, several months. The production time is also very consuming. There are very few labels that are able to produce lenticular prints and even less manufacturers of lenticular sheets. At present, there are only 2 left in the world. I need to control every production as the sheets are no originally meant for art.

My latest series about the protection of the species, is not lenticular. It is printed on Ultrasmooth Hahnemühle paper, but I am using the same technique as I am superimposing a few images: the model, the specie, the climate change or the environmental issue... and the frame.”

SD: “You started your career photographing Barbie dolls, plastic and static objects. Later to turned to real life models, made of flesh and bones that move. What is the reason behind this choice and what is your preference?”

CP: “It was a natural move. After having shot Barbies for half of a decade, I wanted some change.. It happens that the beautiful Olga Kent (also on the picture of your cover) contacted me via Instagram. We decided to work together and we still are. She is so natural and so beautiful. Everything is easy with her. I can say that I truly enjoy shooting with real models. Each time I have a great connection with them. They come to my studio that is part of my place and we share some time together. Every series I do, I build it with them. They have to agree to every step. And of course the final image. I can say that my Barbies helped me very much and cam back during confinement, but I have much more pleasure working with humans.”

SD: “Behind all your works there is a clear message, whether it is the defense of women’s rights, stereotypes and injustice or climate change and environmental issues. Do you think good art should always have social implications?”

CP: “I think that it is my responsibility to do so. I can’t stay inactive. I am aware that it is a very small drop in the sea (French quote), but I try to help some causes. I am not sure though that it makes a good art. But it definitely makes a difference.

Q&A WITH ART GALLEY, ART ANGELS

SD: “Very few artists in the world use the lenticular approach, and Cécile is one of them, making her work one of a kind, unique and unexpected. What is the public general reaction to Cécile's works?”

AA: ‘Cécile’s pieces effortlessly make a statement that captures the attention of all of our collectors. Completely unexpected at first glance, she has become one of the most sought after artists at the gallery given the uniqueness of her works.”

SD: “Why did you choose to exhibit Cécile’s works? Do you share her values?”

AA: “We choose to exhibit Cécile as we strongly admired her as a female artist and the uniqueness of her artwork that continues to push boundaries and provoke thought.”

SD: “What do Cécile's works have in common with the others exhibited at your gallery?”

AA: “Cécile's works like this by all of artists breathe life, diversity, humor and uniqueness into each of our collectors homes. It is a pleasure to continuously hear how much joy works like Cécile's continue to bring to our collectors when their pieces enter into their collections.”

[agnesblogs-blog]

Superyacht Market Trends Shaping The Future of The Industry

Superyacht industry has gained significant traction during the recent past, owing to increasing number of tourism in across key European countries, which includes Italy, UK, and Spain. Tourism plays vital role in superyacht industry, as tourism is a key contributor to the social development, economic growth, and employment of many emerging economies across the globe. Furthermore, the countries in European region such as Italy, France, Spain, and Greece attract more tourists across the globe, as these countries allow tourists to purchase duty-free luxury goods.

Download PDF To explore detail study @ https://www.coherentmarketinsights.com/insight/request-pdf/2333

Global superyacht market is expected to witness significant growth during the forecast period (2018–2026). This growth is majorly attributed to the increase in number of adventure tourism and recreational activities in the emerging countries of Europe and Asia Pacific.

Increasing number of tourists in Europe and Asia Pacific region is turning to be the major driving factor for growth of the superyacht market

Growing tourism sector is one of the key driving factors for growth of the superyacht market in developed countries of Europe such as UK and Italy. For instance, according to World Travel and Tourism Council, the U.K. Travel & Tourism sector’s contribution to GDP was estimated around 6.2% in 2017, which is US$ 272.9 billion (GBP 214 billion) contribution to the overall GDP of UK.

Additionally, the rising spending in water-sports and recreational activities by international tourist and visitors, and high net-worth individuals in the UK has accelerated growth of the UK travel & tourism industry. According to World Travel and Tourism Council, in 2017, the international tourist and visitors’ spending increased by 7.9% from the spending of 2016. Hence, this growing tourism industry has accelerated demand for superyachts, which is expected to aid in growth of the superyacht market.

Global Superyacht Market Share By Region

North America is expected to hold the largest market share in the superyacht market followed by Europe, while Asia Pacific is expected to witness the fastest growth during the forecast period. Presence of large number of prominent boat manufacturers and boat maintenance & service providers in North America and increasing demand of 40-80 meter sailing and motor superyachts are some of the key factors driving growth of the market. In Asia Pacific, the highest growth can be attributed to the increasing number of tourists from emerging economies of Asia Pacific such as China and India.

The luxury superyacht market is characterized by the presence of well-diversified and established boat builders in the North America and Europe. Boat builders engaged in custom and semi-custom boat segments are planning to expand its regional footprint and product portfolio, especially regarding its product quality, services, technology, and price. This competitive environment among prominent superyacht manufactures such as Beretta yachts and Royal Huisman is expected to intensify during the forecast period. Boat manufacturers are majorly focusing towards developing new technologies and upgrading its product portfolio in order to maintain its dominance in this highly competitive marketplace.

Browse More About the Market Study @ https://www.coherentmarketinsights.com/market-insight/superyacht-market-2333

Some of the key players operating in the global superyacht market include Amels, Blohm+Voss, Christensen Shipyards, Feadship, Fincanteri, Heesen Yachts, Lurssen, Nobiskrug, Oceanco, Perini Navi, Sunseeker Yachts, Holland Jachtbouw, Royal Huisman, Moonen Shipyards, Mulder Shipyards, and Benetti Yachts.

#Superyacht Market #Superyacht Market Share #Superyacht Market Size

[mood-report]

This Is Not Euphoria

When the top performing IPO of the “best year for IPOs since 2000″ is from a fake meat company, it’s time for Mood Report to dig deeper.

At first Beyond Meat’s moonshot seemed like a joke. Now it’s a phenomenon.

I had long thought that UBER’s IPO would mark the top of the market, but it flopped.

Good.

UBER is a regulatory nightmare. From its labor and privacy practices, its disregard for local taxicab livery laws, to its cash burning expansion into side hustles such as UBER ASSIST, UBER BIKES, UBER BLACK, UBER EATS, UBER FLASH, UBER MOTO, UBER POOL UBER X, UBER XL that lose money just as fast as its core business, the company is a no touch for me.

Its Wiki page reads like a rap sheet.

Perhaps UBER’s IPO flop is a sign that investors haven’t quite lost their collective minds yet.

Perhaps they realize there should be more to a business model than just disruption. Improvement, for starters.

Perhaps Beyond Meat (BYND) has gone parabolic because so many investors shorted it thinking it would flop because there really isn’t anything new there.

Doomed shorts have been the booster fuel for BYND’s rocket ship.

Maybe all this is a good sign that markets are still sober enough to be cynical.

Or maybe there’s another message.

As stated here previously, the main ingredient in Beyond Meat is soy protein isolate which has been around since 1936.

Why is BYND so hot now?

Psychology. The main ingredient of social mood.

For those who want all the pleasures of eating meat with none of the perceived downside, BYND feeds the same desire as that of a naive investor who wants all the pleasures of profit without any loss.

You can’t not have meat and eat it too. You can’t profit without risk of loss. You can’t get something for nothing.

When enough people believe they can, however, and gain confidence in their beliefs based on others sharing that confidence and reflecting it back to them, then such shared mental states become social mood trends, no matter how obtuse they are.

In the meantime, in my opinion, a bullish trend is still being built that might not peak for possibly 1-3 years.

Why?

Because there’s not enough euphoria yet.

This is not euphoria.

This is HBO’s smash hit Euphoria. It’s anything but.

“Euphoria” follows a group of high school students as they “navigate love and friendships in a world of drugs, sex, trauma and social media.”

As one writer said, it sounds a lot like Trainspotting for the digital age.

Remember Trainspotting? Addiction, violence, theft, and death neatly packaged in a black comedy with a rocking soundtrack.

The Trainspotting comparison may be our most important clue as to where we are in current social moodland: Trainspotting debuted in 1996 during the epic bull run that became the “internet boom.”

In other words, Trainspotting’s dark message with a smile was a reverberation of the previous negative mood extreme (late 80s hangover, early 90s recession).

It was showing us what we left behind.

Could Euphoria be sending a similar message?

The latest data from the BofAML Global Fund Manager Survey seems to say yes.

Average cash balances in June jumped to 5.6% from 4.6%, the biggest jump since the US debt ceiling crisis in 2011 -- 60% above the level that BofAML considers to be a contrarian buy for equities.

Fund managers also reduced global equity allocations to the lowest allocation since March 2009 -- 21% net underweight.

Allocation to bonds rose to the highest allocation since September 2011.

Put this together with the latest AAII investor sentiment readings which were as bearish as the recent Christmas lows, the 2016 lows, and the 2002 lows, and you have a clear message.

Mixed social mood.

That is, just like 1996, it’s gonna take some more time for the crest of the wave to build, especially if some of the more complex, corrective wave patterns play out.

In the meantime, some cues Mood Report will be looking for: surging popularity of any new feel-good pop music, record-setting superyacht builds and transactions, record-setting real estate builds and transactions, the mainstreaming of social decadence and excess, and any other expressions of extreme positive social mood.

If you see something that looks good, let me know.

[yesrebeccamorganworld-blog]

ENG1 Certificate - Identify The Simple Facts About Them

Working with a superyacht may be a unique, rewarding, and potentially long-term career, but it may also be an intimidating area to break into and that is where SuperYacht Crew Agency comes from. Securing a job on a superyacht is your best aim, but if you are unsure where to begin, it is important to know what kind of yacht projects are on the market and that places are a great match for your skills, abilities, and personality. You then must know what you can do to maximize your likelihood of getting signed , and we have the knowledge, experience and skill that will help you do that. There are loads of yacht tasks readily available, and it is the task of Superyacht Crew Agency to allow you to find and secure the perfect job for you. We provide the professional aid, you provide the enthusiasm and determination, and collectively we prepare one for an exciting profession from your dream job. The tasks available and the crew hierarchy remain the same whether that the yacht is powered by motor or sail. The most important difference is living and work space, with crew accommodation it's usually more packed on a sailing yacht. Browse the below mentioned website, if you're searching for additional information on eng1 medical.

More frequently than nota deck crew aboard a sailing yacht will have recreational sailing experience behind them, but many choose to operate on both motor and sail yachts. It's a common preference that yacht crew looking to function on a sail pool has angling experience or is genuinely enthusiastic about sailing. People who prefer to stick with sail power have a tendency to do this for the adventure of sailing silently across open seas beneath the power of nature, and people who prefer engine electricity frequently prefer the conveniences of living and functioning in a bigger space. Crew accommodation isn't quite as salubrious as guest lodging, and depending on the design, the total size of this vessel, and crew place, you may be sharing a family room or have your own cabin. Most superyachts possess well-kitted crew kitchens and the crew wreck that's a space where superyacht crew can relax with TVs, unlimited bites, etc.. If you're lucky, some of the larger superyachts even have dedicated crew health clubs or from time to time are permitted to use the principal gym off charter. Space is of a premium in common cabins, which means you will need to get prepared to travel light.

Bulky hard suitcases take up too much space, so you're going to have to contend with soft, cushioned bag which can be stowed away. In addition, you have to enter the practice of staying tidy, clean and being quiet when your cabin-mate is resting. The absolute most crucial thing to consider in terms of living space is that crew can live, eat, sleep and work together in relatively close quarters for the whole season. You're supplied with uniforms so you have zero clothing expenses, you still have a crew cabin so that you have no monthly lodging charge, superyacht chefs cook to the crew onboard and have drawers of infinite stash of goodies, if you're lucky sometimes you have a fitness center to use onboard therefore no memberships to be concerned about and the list continues. Life at sea is practically expense-free. What you earn is yours to save -- and everything you do with your savings is all up to you. And, obviously, there will be the memories. The sunsets at anchor, and the gourmet meals, as well as the day excursions in excellent locations -- all these are the perks that become stories you'll share for a long time to come and producing life long friendships.

[bestcompanynews]

How are superyacht crew affected by mental health issues?

Mental health has become a hot topic across all industries, including the yachting industry. An increasing number of crew members are beginning to share their problems, and the yachting industry is finally opening up the floor for possible solutions. The formerly taboo topic no longer has such a significant stigma linked to it, thanks to the rise of social media and more attention in the mainstream media. Mental health disorders can affect anybody at any moment; according to WHO studies, one in every four individuals will have a mental condition at some point in their lives.

Mental health and well-being have never been more crucial because of the added pressure and uncertainty that the pandemic has placed on the crew in the last two years. Unlike in most other industries, whereby support is more readily available, superyacht crews are heavily restricted and isolated when working abroad.

The results of Quay Crew’s mental health crew survey in collaboration with MHSS, which included feedback from 1,019 crewmembers of various ages, experiences, and countries, were released recently. According to the study, over half of superyacht crew members believe their mental health has deteriorated since working in the industry. One in five experienced poor mental health while on board, and a third previously did so.

Burnout and exhaustion, crew friction and politics, and inadequate sleep onboard induce stress, anxiety, and loneliness among crew members across all departments. You’re at sea, hundreds of miles from home, and without reliable internet connectivity as a crewmember. You can’t always contact loved ones when you want to, and there isn’t always a lot of spare time to go away from work and relax. There also appears to be a link between the length of time a crew member has worked in the yachting sector, the quantity of leave they receive, and their mental health.

The study’s findings have the potential to be disastrous for the industry, as they could lead to sad individual outcomes and a mass exodus of personnel and long-term recruitment issues in an already candidate-short market.

The superyacht sector has to take immediate action because 62% of respondents say they are unaware of any rules or practices to address mental health concerns. Yet, nearly three quarters say they would want dedicated assistance and services.

Working as a crew member is stressful, regardless of how much you enjoy your job or how well you get along with your coworkers. Crew members operate under challenging conditions, such as cramped quarters, isolation from friends and family, and long hours, and they are aware that this is part of the job. Unlike in a normal corporate environment, superyachts do not have a designated HR department, making it difficult for staff to know who to go to in difficult situations.

Yachting isn’t the only profession where people deal with mental health. And while the industry has unique challenges, there’s no excuse for employers not to change the way they’ve traditionally done things. It is the industry’s duty to seek to improve attitudes, practices, cultures, policies, and ways of doing things so that mental health ‘problems’ are no longer triggered by industry ‘norms’ because they no longer exist.

It should also be noted that approaches to mental health issues need to be reactive when someone needs help and should also be preventative. Crew need to be more equipped from their initial training and induction on the yacht. By investing more in the initial training and induction process, longevity and productivity abroad will also improve.

What can you do to protect your mental health and welfare 1000s of kms away from your home and family? To whom can you turn for help? More so now than ever, captains and other stakeholders need to be providing more support to crew members and putting structures in place to ensure the wellbeing of everyone on board.

When deciding if yachting life is for you, it’s essential to learn about the job’s obstacles, assess whether you’re mentally equipped for such a demanding lifestyle, and, if you are, figure out how you’ll overcome the problems that lie ahead. By training with Super Yachting South Africa, you have access to mentors that can assist you in navigating the mental challenges you are likely to experience onboard. With their years of expertise, our staff guide you so that you can learn from their mistakes and make the most of your life onboard.

[esglatestmarketnews]

Yacht Charter Industry Procurement Intelligence, Supplier Intelligence, Supplier Ranking | Analysis Report, 2020-2027

Yacht chartering is renting or chartering a motor yacht and traveling to various destinations for a vacation activity or a business event. Yachts can be categorized into the following types:

Mega yachts: It is above 50 meters in length and designed for exceptionally big groups and larger families. Mega yachts are attended by professional crews of several full-time members.

Superyachts: A superyacht is above 30 meters in length. They are usually equipped with an array of amenities such as audio-visual entertainment and water sports equipment.

Luxury yachts: Luxury yachts are ~24 meters in length and are suitable for small families and groups. They are habitually crewed by permanent or seasonal crews from two to four members.

Sports cruisers: These are boats less than 18 meters in length. These models are suitable one to two persons for relatively short day cruising.

Read report summary or request a free sample copy of the report “Yacht Charter 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 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 due to growing preference among travelers for luxury marine tourism and personalized services. Europe is the largest regional market with more than 40% share and is expected to continue leading during the forecast period as countries, such as Greece, Croatia, and Turkey are among the most popular tourist destinations. 24-69 meter yacht segment has the highest market share owing to factors such as availability of variants, which also includes a vessel having wind sailing capabilities that help save fuel and ensure traveling in favorable wind direction. Moreover, its low maintenance cost, shallow draft for water anchorages capability, and lower moorage cost makes it the most preferred choice for customers.

Cost Drivers

The major cost components of yacht charter services include the cost of crew members, food and drinks costs, fuel costs, dockage, communication costs, etc. These components together accounted for more than 80% of the overall cost of service. Other cost drivers include VAT and insurance costs.

Browse our other Reports:

Aircraft Tires Industry Procurement Intelligence: The global aircraft tires market was valued at USD 1.6 billion in 2020 and it is expected to grow at a CAGR of 4-5% from 2020 to 2027.

Employee Assistance Program Market Procurement Intelligence: The North American market for employee assistance programs was valued at USD 3.5 billion in 2020 and is expected to grow at a modest CAGR of 1.8% till 2025.

Conveyor Belts Market Procurement Intelligence: The global market for conveyor belts was valued at USD 4.5 billion in 2020 and is expected to grow at a steady CAGR of 3.36% to reach USD 5.3 billion by 2025.

Key Players:

Beneteau S.A

Sunseeker International Ltd.

The Moorings Limited

Camper &Nicholsons International Ltd.

Sunsail Worldwide Sailing Ltd.

Argo Nautical Limited

Kiriacoulis Mediterranean Cruises Shipping S.A.

Boat International Media Ltd.

Yachtico Inc.

Fraser Yachts Florida Inc.

The global yacht charter market features a moderately fragmented landscape as the industry leaders contribute less than 30% of the overall market share. Leading suppliers are strengthening their presence through multiple mergers and acquisitions.

Check out the featured Add-on Services offered with Yacht Charter Market 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 

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Grand View Research, Inc.

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