AP NEWS

2018 Study of the Middle East Yacht Market - Featuring Sunseeker International, Fraser, Ferretti Group, Azimut Benetti, Princess Yachts International, and Gulf Craft - ResearchAndMarkets.com

December 4, 2018

DUBLIN--(BUSINESS WIRE)--Dec 4, 2018--The “Studying the Middle East Yacht Market 2018” report has been added to ResearchAndMarkets.com’s offering.

According to research, 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 super yachting. 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.

Key Topics Covered

1. Analyst Opinion

2. Global Yacht Market

2.1 Overview

2.2 Performance & Market Statistics

2.3 Market Drivers

2.4 Outlook

3. Middle East Yacht Market

3.1 Overview

3.2 Performance & Market Statistics

3.3 Market Drivers

3.4 Challenges

3.5 Outlook

4. Competitive Landscape

4.1 Sunseeker International

4.1.1 Business Description

4.1.2 Recent Developments

4.2 Fraser

4.3 Ferretti Group

4.4 Azimut Benetti

4.5 Princess Yachts International PLC

4.6 Gulf Craft Inc.

5. Other Key Yacht Markets - China

6. Industry Speak

For more information about this report visit https://www.researchandmarkets.com/research/cp6gk2/2018_study_of_the?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181204005539/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Maritime

KEYWORD: MIDDLE EAST

INDUSTRY KEYWORD: YACHTING SPORTS

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/04/2018 06:56 AM/DISC: 12/04/2018 06:55 AM

http://www.businesswire.com/news/home/20181204005539/en

AP RADIO
Update hourly