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Revenues over US$ 17 Bn will be Accounted by Yacht Charter Market by 2027-End

January 25, 2019 by Newswire

Future Market Insights (FMI) delivers key insights and presents a revised forecast of the global yacht charter market in its upcoming outlook titled “Yacht Charter Market: Global Industry Analysis (2012–2016) and Opportunity Assessment (2017–2027).” In terms of value, the global yacht charter market is expected to expand at a CAGR of 5.1% during the forecast period due to various factors, which FMI offers vital insights in detail.

Global Yacht Charter Market: Segmentation Analysis

On the basis of yacht type, the global yacht charter market has been segmented into motor yacht and sailing yacht. Motor yacht segment is further sub segmented into Displacement Type, Semi-Displacement, Planing, Catamaran, and Trimaran. Whereas, sailing yacht is sub segmented into sloop, schooner, catamaran, and ketch. Motor yacht segment is estimated to account for the largest share by 2017 end.

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This report discusses trends driving growth of each segment and offers analysis and insights of the potential of the global yacht charter market in specific regions that include Caribbean, Mediterranean, Rest of EMEA, Americas and APAC. Among all these regions, the yacht charter market in the Mediterranean has been estimated to dominate the overall market in terms of value. In terms of value, yacht charter market in the region is expected to expand at a CAGR of 4.3% over the forecast period. The market in Mediterranean is expected to remain dominant over the forecast period.

By consumer type, retail segment is the largest with a high market valuation. It is estimated to reach a value of around US$ 15 Bn by the end of the year of assessment. The corporate segment is poised to grow at a high CAGR throughout the period of forecast.

By yacht size, small (<30M) segment is expected to dominate the global market by the end of the year of assessment. The medium (30-50M) segment is projected to grow at a stellar CAGR of 7.6% throughout the period of assessment.

Global Yacht Charter Market: Dynamics Influencing Growth

Rising number of promotional events showcasing yachts, technological advancements, growing number of online yacht service providers, increasing number of yachts available on rent are some of the factors which will drives the growth of global yacht charter market during the forecast period. Moreover, Yacht charter service market has witnessed significant adoption from younger audiences who want to experience sailing holidays. Majority of young customers are first-time boaters, who often celebrate events such as birthday and weekend parties in the form of yacht vacations. Currently, the number of offline yacht charter bookings is substantially high; however, emergence of online yacht charter service providers have proved to be a useful marketing platform for providers in the market, and is expected to attract an increasingly larger number of young customers over the forecast period.

Customers in Americas prefer to visit charter destinations in large groups. This is primarily to avail group discounts offered by various yacht charter companies and also to reduce individual spending by sharing expenses among the group. In the Florida, consumers are more inclined towards yachts that provide comfort rather than performance. Moreover, as most consumers in the region are tech savvy, yacht charter companies focus on providing customers with yachts equipped with the latest technology.

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Global Yacht Charter Market: Competitive Assessment

This report covers detailed profiles of key players in yacht charter market, which includes key strategies, key developments, product offerings and others. Key companies profiled in this report are Yachtico Inc, Boatbookings (Enitiative.biz, Ltd.), Sailogy S.A, Antlos S.r.l., Collaborative Boating Inc., Fraser Escape Bareboat Charters, Princess Yacht Charter, TUI Group, Zizooboats GmbH.

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Filed Under: Press Release Tagged With: Americas, Automotive Cabin Insulation Material Market, CAGR, charter, FMI, For Report Table, Marketing, Mediterranean, segmented, Yacht Charter Market, yachts

Smart Airports Market Forecast

December 17, 2018 by Newswire

The global smart airports market report provides an analysis of the market for the next five years. It discusses industry and technological trends that are currently prevailing in the smart airports market, along with the drivers, restraints, challenges, and opportunities. The smart airports market is projected to grow from USD 11.31 billion in 2016 to USD 14.87 billion by 2021, at a CAGR of 5.64% from 2016 to 2021.

The rise in air passenger traffic across the globe, increasing use of smartphones, enhanced internet connectivity, rise in prominence of self-service technologies, and growing need of the passengers for real-time information are expected to drive the market during the forecast period.

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Based on technology, the smart airports market is segmented into security systems, communication systems, passenger, cargo & baggage ground handling control, air/ground traffic control, endpoint devices, and other technologies. Communication systems is anticipated to be the fastest-growing segment in the smart airports market. The increasing concept of wireless airports, near field communication, social media, and smartphones are the key factors to drive the communications segment in the smart airports market.

Based on landside, vehicular parking is anticipated to be the fastest-growing segment during the forecast period. The increasing need to efficiently manage traffic flows at the airport, rising safety of vehicles, and providing ease and convenience to the passengers in vehicle parking areas are the key drivers for investments in the vehicular parking segment.

On the basis of airside, air traffic management is projected to be the fastest-growing segment during the forecast period.  Increasing number of Greenfield airport projects and runway extension projects in existing airports are driving the growth of air traffic management.

In terms of terminal side, check-in systems is projected to be fastest-growing segment during the forecast period. The low installation cost involved in upgrading self-check-in systems as compared to other installations in the terminal side segment such as automated baggage handling system, building operations, is the key factor to drive the check-in systems segment.

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Based on application, the non-aeronautical operations segment is projected to grow at a higher during the forecast period. The non-aeronautical operations include real-time services, intelligent transport services, smart supply chain management, smart traveler services, and smart cities integration.

Based on region, North America, Europe, Asia-Pacific, the Middle East, South America, and Africa are considered for the study. The smart airports market in Asia-Pacific is expected to grow at the highest CAGR from 2016 to 2021. New greenfield airport projects and extension of existing airports are the key factors driving the market in this region. In addition, huge investments made on airport infrastructure development in India and China is also one of the key factors expected to propel the market growth in next five years.

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Marketsandmarkets™ INC.
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USA : +1-888-600-6441
Email: [email protected]mnm.jpg

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Filed Under: Press Release, Travel & Tourism Tagged With: application Business & Financial Services Tags: Airside Cargo & Baggage Handling communication Endpoint Devices Landside security Smart Airports Market Terminal Side traffic control, CAGR, Customization, Greenfield, Know More, Market, North, report, segmented, smart, USD

CCTV Camera Market to Grow at CAGR of 15.7% through 2025

December 6, 2018 by Newswire

According to a recent market report published by Research Report Insights titled, “CCTV Camera Market by 2025” the global CCTV Cameramarket was valued at US$ 8,340.0Mn in 2016, and is expected to register a CAGR of 15.7% from 2017 to 2025.Demand for CCTV Camera is expected to be driven by increasing security concerns and government regulations.

CCTV Closed-Circuit Television (CCTV) is the use of video cameras to transmit signal to a specific place on a designated device. It may employ point to point (P2P), point to multipoint or mesh wireless links. Applicable for surveillance in areas that may need monitoring such as banks, casinos, airports, military installations and convenience stores. CCTV systems may operate continuously or only as required to monitor/capture a particular event.

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Global CCTV Camera market is categorized on the basis of Type of CCTV Camera, End-user and Technology. On the basis of Type of CCTV Camera, the market is segmented as Dome Camera, Bullet Camera, Box Camera, PTZ Camera and others. The Dome Camera segment is anticipated to register a CAGR of 17.1% during the forecast period. The end-user segment is segmented into Residential, Commercial, Industrial and Government.

On the basis of technology, the market is segmented as Analog CCTV Camera, IP/Network CCTV Camera and HD CCTV Camera. Analog CCTV Camera segment accounted for highest market share and was valued at US$ 4,589.9 Mn in 2016. Moreover, advancements in high definition (HD) and megapixel cameras globally is going to contribute primarily to the growth of CCTV Camera market. IP/Network Camera segment is expected to register a healthy CAGR of 19.3% during the forecast period.

Request For Report [email protected] https://www.researchreportinsights.com/report/discount/110114923/CCTV-Camera-Market

This report also covers drivers, restraints and trends driving each segment and offers analysis and insights regarding the potential of CCTV Camera market in regions including North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. Among the regions, Asia Pacific was the largest market for CCTV Camera accounted for over 35.9% of the market share in 2016. Also, demand for CCTV Camera is increasing in the markets in North America and Europe.
Key competitors in CCTV Camera market are:Hangzhou Hikvision Digital Technology Co., Ltd, Dahua Technology Co., Ltd., Bosch Security Systems, Hanwha Techwin Co. Ltd., FLIR Systems, Inc, Honeywell International Inc., CP PLUS International, Axis Communications AB, Digital Watchdog and Sony Corporation.

Report [email protected] https://www.researchreportinsights.com/report/rd/110114923/CCTV-Camera-Market

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Filed Under: Press Release, Travel & Tourism Tagged With: CAGR, cameras, CCTV, CCTV Camera Market, Dome Camera, International Inc, Latin Pacific, markets, report, segmented, Type

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