Global Luxury Yacht Market & Wealth Distribution

Total Fleet

13,075

Yachts Over 30m

6,235

Average Fleet Length

33.6m

1,922

Sailing Yachts

11,153

Motor Yachts

2024 Market Insights

Brokerage Average Length

37m

Average Asking Price

€11.8M

Yachts Sold (2024)

328

11.4% over 50m

High Net Worth Individual Statistics

People with a net worth over $10 million:

2,341,378 people (2024)

People with a net worth over $100 million:

104,060 people (2024)

In some markets, the number of USD millionaires will increase by up to 50% over next 5 years, according to UBS Global

Market Evolution: Full-Custom vs Semi-Custom

2015 Breakdown

24-30m: 80% Semi-custom, 20% Full-custom

31-45m: 68% Semi-custom, 32% Full-custom

46-75m: 40% Semi-custom, 60% Full-custom

76m+: 13% Semi-custom, 87% Full-custom

2025 Projection

24-30m: 92% Semi-custom, 8% Full-custom

31-45m: 82% Semi-custom, 18% Full-custom

46-75m: 50% Semi-custom, 50% Full-custom

76m+: 72% Semi-custom, 28% Full-custom

Market shift towards semi-custom yachts across all size categories, with the most dramatic change in superyacht segment (76m+)

Data compiled from global yacht industry reports, Boat International, and Smart Yachts analysis, 2024

Heading

Average yacht length (37m) and asking price (€11.8M) Sales data (328 average GT, 11.4% over 50m)

Shift from full-custom to semi-custom across different yacht sizes 24-30m: Semi-custom increased from 80% to 92% 31-45m: Semi-custom increased from 68% to 82% 46-75m: Full-custom decreased from 60% to 50% 76m+: Full-custom decreased from 87% to 72%

Global Order Book Propulsion breakdown: Diesel: 1,049 projects (86%) Hybrid: 45 projects Diesel/Electric: 36 projects Electric: 8 projects Note: Only 14% use eco-friendly alternatives

Statistics on Explorer Yachts (786 fleet, +35.5% growth) and Multihulls/Catamarans (218 fleet, +98.2% growth)