Luxury yacht builders combine high performance with opulence and comfort, something only a few can achieve, not to mention the personal touch that aligns with the client’s vision.
The demand for luxury yachts has increased, with the Luxury Yacht Market valued at U.S dollars 9.43 billion in 2024. It is estimated to reach U.S. dollars 14.07 billion by 2032, growing at a CAGR of 5.8% in this period.
Several factors are responsible for this increase in demand. After the COVID-19 pandemic, buyers sought a different travel experience, coupled with solitude and social distancing which led to a surge in demand for superyachts.
Luxury Yacht builders have levelled up their game to stand out from their competitors. Right from carving unique and functional designs, using light but sturdy materials and smart onboard energy systems to marine conservation funding, builders are adopting different approaches to deliver eco-friendly yachts.
Let us look at the top 10 Luxury Yacht Builders in this article.
1. Fincantieri, Italy
One of the world’s biggest shipbuilding companies, Fincantieri has a history spanning over 230 years in which it constructed more than 7000 ships. It has 18 shipyards in 4 continents, 2 design centres and a research centre.
Based in Italy, the company has 10,000 employees and manufactures cruise ships, ferries, naval ships, mega yachts, and offshore vessels and also undertakes repairs and maintenance.
The mega yachts are designed and built in the Muggiano shipyard in La Spezia. The yard can construct ships over 70 m long to 200 m and has a network of suppliers who can meet the specific requirements of the clients. Another shipyard, the Arsenale Triestino San Marco (Trieste), focuses on repairs and conversions.
The builder has an array of projects including the 70 m luxury motor yacht, the Blanche. Fincantieri is also behind the world’s biggest and finest yachts including the MY Serene and MY Ocean Victory. These custom mega yachts are one of the largest yachts ever built.
2. Lürssen, Germany
Lurrsen is one of the leading shipyards for luxury yacht building, focussing on custom-built superyachts. Based in Germany, it has built over 13,000 ships since 1875. It is a family-owned business which has been in operation for four centuries.
The company is credited with building the world’s first motor yacht in 1886 and also the world’s current biggest superyacht, the Azzam which is 180 m long.
It has 8 shipyards in the northern part of Germany, each specialising in a specific size of yacht ranging from 60 m to 200 m in length. These facilities provide a combined space of 1,125,000 square metres for new builds, refits, repairs and maintenance.
The company also strives to reduce the environmental impact of its yachts. For instance, Lurssen is the first yacht builder to utilize waste engine heat to operate a vessel’s onboard desalination system for drinking water.
It is also a contributor to the marine biodiversity conservation organization, the Blue Marine Foundation.
3. Feadship, the Netherlands
Recognised as one of the few builders specialising in pure custom luxury yachts, Feadship has built superyachts including the 92 m Aquarius and the Symphony, the longest yacht built in the Netherlands at the time of its completion in 2015.
Feadship has worked with owners of superyachts since the 19th century to create unique and one-of-a-kind yachts, tailor-made for the buyer.
It has 4 shipyards in the Netherlands and to date, 250 of its yachts are in operation. The company was founded in 1949, though it traces its roots back to another century.
The company promises to deliver the most technically advanced yachts in the world, including Project 817 which has been delivered as Viva.
The yacht is eco-friendly and boasts an advanced hybrid propulsion system, allowing it to sail at 12 knots on diesel-electric power. It has a smart hull which reduces the energy needed to travel in the water.
4. Benetti, Italy
This Italian Shipbuilding company owned by Azimut Benetti S.p.A is known for designing and building …
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