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About Simpson Marine

Simpson Marine is a full-service company that specializes in luxury yacht charters, yacht management, pre-delivery and after sales services. The company is located in Hong Kong.

Simpson Marine Headquarter Location

Shum Wan Road Aberdeen Unit 6, G/F, Aberdeen Marina Tower

Hong Kong,

Hong Kong

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Latest Simpson Marine News

Yacht Charter Market to Grow into USD 144.21 Billion Market at CAGR of 6.7% during 2021-2027 | Facility Expansion by Fraser Yachts and Worldwide Boat to Create Promising Growth Opportunities

Apr 20, 2021

| Facility Expansion by Fraser Yachts and Worldwide Boat to Create Promising Growth Opportunities Yacht Charter Market Key Players Studied in this Report are Dream Yacht Charter (Maryland, USA), Worldwide Boat (Florida, USA), Fraser Yachts (Monaco, Europe), NORTHROP & JOHNSON (Florida, USA), Nicholson Yachts (New Port, USA), Simpson Marine Limited (Hong Kong, China), Ocean Independence (Zurich, Switzerland), MasterCraft Boat Holdings, Inc. (Tennessee, USA). April 20, 2021 09:34 ET Pune INDIA Pune, India, April 20, 2021 (GLOBE NEWSWIRE) -- According to the report, Yacht Charter Market size is projected to reach USD 10.82 Billion value by 2027, exhibiting a CAGR of 6.6%. The global yacht charter market size is expected to reach USD 10.82 billion by 2027 backed by the growing number of HNWI and the increasing number of intermediaries that is likely to boost the demand for yacht charter services globally. The market report provides in-depth analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will further contribute to the market growth in the forthcoming years. Moreover, the research analyst has adopted several research methodologies to obtain information about the current trends and industry developments that will drive the market growth between 2020 and 2027                 Growing Number of High-Net-Worth Individuals to Augment Growth According to the World Report 2020 by Capgemini, the number of high-net-worth individuals (HNWI) grew by about 9% in 2019 despite economic slowdown, geopolitical slowdown, and international trade wars. Moreover, North America with 11%, followed by Europe with 9% rise in the income of HNWI, surpassed Asia-Pacific for the first time since 2012. The growing number of such individuals is likely to propel the demand for yacht charter services for leisure and recreational purposes. Moreover, the active participation of intermediaries as a medium between boat charter companies and customers to negotiate sales terms is anticipated to boost the global yacht charter market growth in the forthcoming years. Motor Yacht to Hold Largest Market Share Based on yacht type, the motor yacht segment is expected to hold the largest yacht charter market share in terms of revenue owing to the growing demand for such type yachts for recreational and personal purposes across the globe. Click here to get the short-term and long-term impacts of COVID-19 on this Market. Please visit: Increasing Number of Water Sports in Europe to Promote Growth Among all the regions, Europe is expected to remain dominant and hold the highest position in the global market in the forthcoming years. This dominance is attributable to the increasing number of water-based sport activities that is likely to thrive the number of yacht charter services in the region between 2020 and 2027. Europe stood at USD 8.01 billion in 2019. On the other hand, North America is expected to hold the second position in the market during the forecast period. This is ascribable to factors such as presence of diverse coastline, along with the option of several cruising destinations in countries such as the U.S. Quick Buy -  Yacht Charter Market Research Report: Facility Expansion by Major Companies to Intensify Industry Competition The global market comprises small, medium, and large companies striving to maintain a stronghold by focusing on expanding their facilities to develop advanced yachts to cater to the growing marine tourism industry. Moreover, the adoption of strategies such as collaboration, the introduction of new products, and merger and acquisition is expected to bode well for the growth of the market in the forthcoming years. Have Any Query? Ask Our Experts: Global Yacht Charter Market Segmentation: By Yacht Type: Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe) Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific) Latin America (Brazil, Mexico, and Rest of Latin America) Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa) Get your Customized Research Report: Have a Look at Related Reports: Used Vehicle Market Size, Share & COVID-19 Impact Analysis, By Vehicle Type (Passenger Car, Commercial Vehicle), By Vehicle Age (0 to 05 Years, 06 Years to 10 Years, 10 Years and above), By Vendor Type (Organized, Unorganized), By Propulsion Type (ICE, Electric), By Market Type (Offline, Online), and Regional Forecast, 2020-2027 Vehicle Access Control Market Size , Share & COVID-19 Impact Analysis, By Type (Biometric System, Non-Biometric System), By Technology (RFID, NFC, Bluetooth, Others), By Vehicle Type (Passenger Car, Commercial Vehicle) and Regional Forecast, 2020-2027 Autonomous Trucks Market Size, Share & COVID-19 Impact Analysis, By Level of Autonomy (Level 1, Level 2, Level 3, Level 4), By Sensor Type (Ultrasonic, Radar, Camera, LiDAR), By Propulsion (Diesel, Electric, Others), By Truck Type (Light Duty Truck, Medium Duty Truck, Heavy Duty Truck), By ADAS Features (Adaptive Cruise Control, Lane Keep Assist, Automatic Emergency Braking, Blind Spot Detection, Intelligent Park Assist, Highway Pilot, Traffic Jam Assist) and Regional Forecast, 2020-2027 Automotive Radar Market Size, Share & Industry Analysis, By Range (short-range, medium-range, long-range), By Application (Adaptive Cruise Control (ACC), Automatic Emergency Braking (AEB), Forward-Collision Warning System (FCWS), Blind Spot Detection (BSD), Intelligent Parking Assistance), and Regional Forecasts, 2019-2026 Electric Bike ( E-Bike ) Market Size, Share & Industry Analysis, By Propulsion Type (Pedal Assist, Throttle), By Battery Type (Lead Acid, Lithium-Ion, Nickle Metal Hydride, and Others) and Regional Forecasts, 2019-2026 About Us: Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges. Contact Us: 308, Supreme Headquarters,

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Simpson Marine Rank

  • When was Simpson Marine founded?

    Simpson Marine was founded in 1984.

  • Where is Simpson Marine's headquarters?

    Simpson Marine's headquarters is located at Shum Wan Road Aberdeen, Hong Kong.

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