Info-link: U.S. Yacht Market Snapshot

US_Yacht_Market_Snapshot

Yachts are fiberglass stern drive, inboard, and more recently outboard powered boats 33’ and larger in length. They offer extensive amenities and comfortable living accommodations for extended cruising. They are found in both salt and larger freshwater environments. This segment includes trawler style boats but does not include houseboats or offshore fishing boats.


  • There are currently just over 140,000 yachts registered in the U.S., half (50%) of which were purchased new or pre-owned during the past 5 years.
  • The average yacht is 22 years old and roughly 2,700 of them are being retired from the fleet each year.
  • Last year, 89% of all yachts were purchased pre-owned (11% New).
  • 18% of the people that purchased yachts in 2019 were first-time-boat buyers and over half (52%) of them own another boat (including PWC).
  • Yacht buyers tend to be well established. 91% of them are over 40 years-old; almost all own their home; and they have usually lived there for a while.

Boating Industry Insider Podcast Talks About National Safe Boating Week with Jim Emmons

Joining Boating Industry content director David Gee in this episode is Jim Emmons to discuss the latest boating safety statistics, the impact on boating safety with a rise in the number of first-time boaters, and the part the entire boating industry can play when it comes to boating safety education.

Read More

12 Top Boating Safety Tips for the Busy Summer Boating Season

With new and used boat sales soaring to record highs in 2020 to first-time boat buyers, boating safety stakeholders are taking extra measures to communicate and promote safe boating practices in advance of the busy summer boating season.

Read More

All About Engine Cut-Off Switches: The $20 Device that Saves Boater’s Lives Is Now Required By Federal Law

An engine cut-off switch is one of the most essential boating safety devices. Also called a “safety lanyard” or “engine kill switch,” it’s designed to shut off a boat’s engine if the operator is thrown from the helm.

Read More