Europe Luxury Yacht Market Share

Market Share of Europe Luxury Yacht Industry

The European luxury yacht market is fragmented. A few prominent companies include Fr. Lürssen Werft GmbH & Co.KG, Ferretti S.p.A., Sanlorenzo, Azimut Benetti, and Feadship. A few companies in the market are focusing on improving their product portfolios to widen their customer base. Some other key players aim to expand their presence in the market through product launches, offerings expansion, manufacturing expansion, and collaborations with other companies. For instance,

• In January 2024, Sanlorenzo announced a partnership with Volvo Penta, a collaboration that aims to pool efforts to reduce the environmental impact of the marine industry through the continuous drive for innovation.

• In November 2023, Benetti S.p.A recently launched AMANTIS, a superyacht that measures 49.9 m, is the eighth vessel in the popular B. Now 50 range. The yacht's design features a steel hull and aluminum superstructure with a nearly vertical bow. In contrast to other yachts in the series, the AMANTIS has a traditional aft deck and beach area.

• In November 2023, Azimut unveiled the Grande 30m and Seadeck 9 in its first collaboration with the shipyard Matteo Thun, Antonio Rodriguez, and Alberto Mancini.

Europe Luxury Yacht Market Leaders

1. Fr. Lürssen Werft GmbH & Co.KG

2. Ferretti S.p.A.

3. Sanlorenzo

4. Azimut Benetti

5. Feadship

*Disclaimer: Major Players sorted in no particular order