The motor yachting industry is constantly evolving and there are a few key trends that are currently shaping the market.
Increased demand for larger yachts
As the economy continues to improve, there is a growing demand for larger yachts, with many buyers looking for vessels in the 80-100+ foot range.
Focus on sustainability
With increased awareness of environmental issues, many yacht manufacturers are now focusing on developing more sustainable and eco-friendly yachts. This includes the use of alternative fuel sources and energy-efficient systems.
Advancements in technology
Technology is playing a bigger role in the motor yachting industry, with many new yachts now featuring advanced systems such as automated navigation, remote monitoring, and virtual reality interfaces.
Many yacht buyers are looking for a more personalized experience and are opting for bespoke designs and custom features.
Yacht buyers are looking for more luxury amenities such as spas, gyms, and private cinemas on board.
Increased focus on safety
With the growing popularity of yachting, the industry is placing more emphasis on safety, including the use of advanced navigation systems, improved communications technology, and better safety equipment.
Increased popularity of superyachts
The superyacht market continues to grow, with many buyers looking for yachts over 100ft in length, with high-end luxury amenities, and advanced technology.
The trend is towards more connected yachts, with systems that allow owners to control and monitor their yachts remotely, and access to data such as weather and navigation information.
Overall the trend is towards larger, more luxurious, more advanced and more sustainable yachts. As the industry continues to grow and evolve, we can expect to see even more innovative designs and technologies that push the boundaries of what is possible in the world of motor yachting.