Understanding where the yacht market is heading requires a look at innovation as much as demand. The market stood at USD 10.03 billion in 2024, with USD 10.59 billion projected for 2025 and USD 17.59 billion by 2034, reflecting a CAGR of 5.8% across the 2025–2034 period. The report identifies continuous technological innovation in yacht design, automation, and eco-friendly propulsion...
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