Free press releases distribution network?

Agency / Source: TechSci Research

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



China Yacht Market Set to Grow at 13% CAGR During 2012-2017 Says TechSci Research - Increasing number of high net worth Individuals, favorable government policies, and low cost of production contributing to the growth of yacht market in China - TechSciResearch.com
China Yacht Market Set to Grow at 13% CAGR During 2012-2017 Says TechSci Research

 

PRZOOM - /newswire/ - Burnaby, British Columbia, Canada, 2013/08/29 - Increasing number of high net worth Individuals, favorable government policies, and low cost of production contributing to the growth of yacht market in China - TechSciResearch.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Boat/Yacht/Sailboat Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

China is counted among the major yacht manufacturing countries of the world and is witnessing an increase in the number of yacht manufacturing units, which can be attributed to the low cost of production in the country. The cost of manufacturing yachts in China is 20-30% lower than European and North American countries.

Several foreign players are now manufacturing yachts in China to lower their costs of production. Kingship Marine and Yantai Raffles are some of the key foreign players having manufacturing facilities in China.

The increasing number of high net worth individuals in China is also contributing to the growth of luxury goods market. The demand for yachts in China is growing faster than the global average. The market for yachts is concentrated around southern, eastern and northern China with the southern region accounting for the largest share.

Majority of the yacht manufacturers are located in Qingdao, Yantai, and Weihai in Shandong province and many of the foreign players are located in Shenzhen and Zhuhai.

In China, the demand for small and medium size yachts is higher than large size yachts. Mid- size yachts have contributed the maximum to the growth of Chinese yacht market. The demand for super yachts in China is quite less, yet they account for a reasonable share in terms of value. The yacht industry in China also provides tremendous growth opportunities for other related industries, such as coatings, new materials, meters, and power & propulsion systems.

The central and the local governments are encouraging the development of yacht industry to promote tourism. The regulations with respect to yacht registration, licensing and sailing were enacted in January 2009, prior to which there were no such regulations.

According to the recently published report of TechSci Research,“China Yacht Market Forecast & Opportunities, 2017”, the market is anticipated to grow at a CAGR of over 13% during 2012-2017.

The market is witnessing the entry of new types of yachts, such as solar yachts and hybrid yachts that are expected to contribute to the growing market for yachts in China. The development of yacht clubs is also enhancing the industry’s potential as several yacht clubs and marinas are promoting yachting services.
“Yachting is still a nascent sporting activity in China and it is expected that the development of more yacht clubs and marinas during the forecasted period would drive the market for yachts in China,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

‘China Yacht Market Forecast & Opportunities, 2017’ has evaluated the future growth potential of China yacht market and provides statistics and information on China’s yacht market structure, and the trends and opportunities in the yacht industry.

The report includes segmental market projections and demand forecasting. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with essential drivers, challenges and opportunities available in China yacht market.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Boat/Yacht/Sailboat Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: TechSci Research

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Boat/Yacht/Sailboat articles,
CATCH Visitors via Your Competitors Announcements!


China Yacht Market Set to Grow at 13% CAGR During 2012-2017 Says TechSci Research

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Ken Mathews - TechSciResearch.com 
+91 12 04316223 ken.mathews[.]techsciresearch.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any TechSci Research securities in any jurisdiction including any other companies listed or named in this release.

Boat/Yacht/Sailboat via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From TechSci Research / Company Profile


Read Boat/Yacht/Sailboat Most Recent Related Press Releases:

BRP Extends its Evinrude Network of Boat Builders in Europe
GE Completes Upgrade Service to One of the World’s Most Famous Ocean Liners, Queen Mary 2
MAN Diesel Engines As Basis for Innovative Hybrid Drive System on MS Vision of The Fjords
European Premiere in Cannes for MAN's Internationally Acclaimed Yacht Engine i6-800
World’s First LNG-Powered Bulker with ME-GI Prime Mover Announced
BRP’s Evinrude Engines and Zodiac Boats Reach Agreement
The First MAN D2676 Engine for Work Boats Now Ready to Launch for Salmon Fishing in Alaska
Evinrude E-link Virtual Dashboard Offers Direct Control of Engine Features from A Mobile Device
BRP Expands New Era of Outboard Engines to New Power Range
Thales Signs OFSV Contract with Seaspan’s Vancouver Shipyards

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  Triggr & Bloom

Visit  JobsWare.com

Visit  BizJobs.com







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today