A yacht charter is a contract in which the owner of a yacht agrees to allow another person to use the yacht for a specified period of time. The contract may also specify the terms under which the yacht will be used, such as for pleasure or racing.
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Key Trends
The key trends in yacht charter technology are:
1. The use of GPS tracking and other tracking devices to help yacht owners and charter companies keep track of their vessels.
2. The use of online booking platforms to make it easier for customers to book yacht charters.
3. The use of mobile apps to help customers find and book yacht charters.
4. The use of social media to promote yacht charters and to connect with potential customers.
Key Drivers
The key drivers of the yacht charter market are the increasing popularity of yacht vacations and the growing number of yacht owners. The yacht charter market has seen significant growth in recent years, as more people are discovering the benefits of chartering a yacht for their vacation. Chartering a yacht allows vacationers to enjoy the luxury and privacy of their own yacht, as well as the opportunity to explore new destinations and experience the world in a different way. Yacht owners are also increasingly choosing to charter their yachts, as it provides them with a way to offset the cost of ownership and maintenance.
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Restraints & Challenges
The key restraints and challenges in Yacht Charter market are as follows:
– The high cost of yacht chartering is a major challenge faced by the industry.
– The lack of awareness about yacht chartering among the general public is another challenge faced by the industry.
– The availability of only a limited number of yacht chartering companies is another challenge faced by the industry.
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Key Market Segments
The yacht charter market bifurcated on the basis of type, size, application, and region. On the basis of type, it is segmented into motorized yacht, sailing yacht, and others. By size, it is divided into small (up to 30m), medium(30m-50m), and large (over 50m). By application, it is analyzed across vacation/ leisure, sailing, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Key Market Players
The yacht charter market report includes players such as Burgess, Ionian Catamarans, IYC, Royal Yacht International, Princess Yacht Charter, Yachtico Inc., Sailogy S.A., Northrop & Johnson, Argo Nautical Ltd, Beneteau S.A.
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Research Scope
- Scope – Highlights, Trends, Insights. Attractiveness, Forecast
- Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
- Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
- Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
- Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
- Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.
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