Research and Markets: China Yacht Industry Report, 2013

DUBLIN--(BUSINESSWIRE)-- Research and Markets (http://www.researchandmarkets.com/research/4xr6jq/china_yacht) has announced the addition of the "China Yacht Industry Report, 2013" report to their offering.

China's yacht market has just started and it is still in the phase of rapid development. Before 2011 there were merely about 3,000 yachts in China, the ownership per capita remained far below the international level.

International yacht brands occupy the medium- and high-end markets; the majority of Chinese enterprises are involved in the low and medium end market.

With respect to the scale of production, China has become the world's eighth largest yacht producing country with a complete yacht manufacturing industry chain, covering yacht research, design, the whole yacht manufacturing, spare parts manufacturing, outfitting and so forth. Currently, there are 374 composite shipyards in China, more than 30 with annual sales of above RMB10 million, of which, 320 are chiefly occupied in the production of work boats and spare parts, about 50 deal with the overall yacht manufacturing, with products mainly exported to Europe and the United States.

Meanwhile, Chinese enterprises still rely on the resources provided by European and American companies from yacht design to key components and manufacturing processes, e.g. employment of European and American designers and senior technicians, procurement of U.S. engines. Many companies have been playing the role of foundries, and very few own independent R&D capabilities.

China's yacht market scale shows an obviously swelling trend. The successive emergence of yacht club projects all over China have increasingly caught the eye of domestic and foreign companies to the broad space for the development of China's yacht market. In 2012, Weichai Power Co., Ltd. that had never before been engaged in yacht production acquired Italy's Ferretti Yachts in the forefront worldwide.

Key Topics Covered

1. Definition and Classification of Yacht

2. Overview of China Yacht Market

2.1 Market Environment

2.2 Market Outlook

2.3 Operating Mode

2.4 Related Policies

2.5 Regional Policies

2.6 Constraints

3. China Yacht Club

4. Global Yacht Enterprises

4.1 Brunswick Boat Group

4.2 Ferretti Group

4.3 Azimut-Benetti

4.4 Sunseeker

5. China Yacht Enterprises

Companies Mentioned

- Azimut-Benetti

- BESTWAY

- Brunswick Boat Group

- Cheoy LEE

- Double Happiness Yacht

- Ferretti Group

- Hansheng

- Heysea Yachts

- Jet Tern Marine

- King'O Yachts

- Millennium Marine

- Sea-Stella

- Shanghai Baodao Yachts

- Sunbird

- Sunseeker

- Tangrong

- Weichai Power

For more information visit http://www.researchandmarkets.com/research/4xr6jq/china_yacht

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