Statistics & Facts about the Yacht Industry

The yacht industry continues to surprise us. Here are all the interesting facts and statistics you need to know:

The superyacht market was worth $7.4 billion in 2020,
The superyacht market is projected to reach $10.8 billion by 2026
The total luxury yacht market will be worth $11.91 billion by 2026 and $14.58 billion by 2030
The size of the U.S. yacht market was $2.7 billion in 2021
The size of the Chinese yacht market will reach $1.2 billion by 2026
The total value of the Monaco fleet of superyachts was €3.1 billion in 2021

The 24 to 45-meter yacht segment is expected to grow at a CAGR of 5% until 2027
The motor propulsion segment dominates the yacht market, achieving an 80% share in 2020
The flybridge yacht segment is the primary driver of the rapid 6.1% luxury yacht market growth in the U.S., Canada, Japan, China, and Europe.
Between 2010 and 2020, 100 new yachts were launched every year
There are now more than 5,000 luxury yachts over 24 meters in length sailing the world’s oceans
€2 billion worth of yachts attend the Monaco Formula 1 Grand Prix every year

Luxury yachts provide employment for 148,000 to 163,000 people
A captain of a superyacht gets paid between $84,000 and $156,000 per year, depending on the size of the boat and experience
Regular deckhands get paid between $42,000 and $54,000 per year
The average superyacht needs between 15 and 20 crew to provide patrons with adequate service
Regular yachts require crews of 1 to 6 people

Dutch shipyard and yacht builder, Oceano, plans on implementing a 100% renewable energy and waste-free facility by 2030
Two-thirds of the 8,000 metric tons of CO2 produced in a year by the top 20 billionaires came from their superyachts.
Some manufacturers, such as Feadship, want to build the first emission-free yachts by 2025
German shipyard Lürssen is building an emissions-free hydrogen-powered ship expected to launch in 2025
Ferretti Group plans on reducing its shipyard’s electricity use by 79% by using solar power and switching to energy-saving LED lamps.

https://www.roamingexpert-yachts.com/news/infographic-the-true-power-of-the-superyacht-industry
https://trulyexperiences.com/blog/yacht-statistics-facts/
https://www.fortunebusinessinsights.com/infographics/yacht-charter-market-105123
https://www.gminsights.com/industry-analysis/yacht-market
https://www.globenewswire.com/news-release/2022/01/19/2369123/0/en/Global-Yacht-Industry-Market-to-Reach-US-10-8-Billion-by-the-Year-2026.html
https://www.grandviewresearch.com/industry-analysis/yacht-market
https://www.statista.com/statistics/1255274/global-luxury-yacht-market-size-forecast/
https://maritime.solent.ac.uk/maritime-industry/superyachts
https://www.crewfinders.com/yachtcrewsalaries.shtml
https://time.com/6208632/celebrities-climate-impact-private-jets-yachts/
https://www.dockwalk.com/features/how-superyachts-are-increasing-sustainability
https://www.monacoyachtshow.com/media-file/748/monaco-yacht-show-market-report-2021.pdf
https://yachtharbour.com/news/over-%E2%82%AC2-billion-worth-of-yachts-attend-formula-1-in-monaco-1738?src=