The Saxdor 400's debut at the Cannes Yachting Festival 2023 left the yachting community in awe, thanks to its incredible engine modification. This seemed so groundbreaking that it appeared almost unnecessary. The need for a weekender over 40 ft, specifically designed for cruising speed, calls for an impressive speed range of 40-50 knots. This perfectly aligns with the brand's distinct sporty nature. Coupled with a flexible space design that's suitable for various weather conditions, it's nearly unbelievable that this flagship's starting price is just over 200,000 euros. Fully equipped, it's estimated to cost 500,000 euros upon arrival in Vietnam!
Join Tam Son Yachting as we review the Saxdor 400's remarkable features and evaluate whether the brand's decision to enter the larger yacht segment was the correct move.
Since 2020, Saxdor Yachts has emerged as a promising player in the yacht industry, demonstrating potential and extraordinary growth. The company has successfully produced and distributed over 1,000 high-end boats globally. The brand's revenue has seen a significant 15-fold increase since its establishment. This accomplishment can be attributed to their standout products and the experienced hand of Mattila at the helm, who also happens to be the founder of four other international brands: Axopar, XO-boats, Paragon, and Aquador. Finnish yachts like these are known for their elegant and distinctive designs, not to mention their stellar performance. They're designed to be as functional as they are beautiful, and every detail is carefully constructed with a clear focus and undeniable passion.
Based on a report from Business Wire, we can anticipate that the revenue of the 40 ft motor boat market will likely rise from $1.70 billion in 2022 to $4.90 billion by 2030. This equates to an estimated annual growth rate of 14.6% from 2023 to 2030. This growth is likely to be fuelled by an escalating interest in coastal tourism and sea travel more broadly.
The company's success is attributed to overcoming obstacles and seizing opportunities to broaden the market. This showcases Mattila and his team's broad vision, sharp market insight, and adaptability. With a robust base of over 10,000 square meters and plans for doubling expansion, the company is well-positioned for growth. Further, the trust and support from customers motivate the company to continually enhance its products.
The Saxdor 400 GTO version, launched at the Cannes Yachting Festival in September 2023, signifies a considerable step forward in Saxdor Yachts' mission to create versatile, aesthetically pleasing, and multi-functional boats that offer excellent value for money.
Since its introduction, Saxdor 400 has effectively showcased to the boating community that 1) Saxdor's leadership can identify trends; 2) a yacht brand focusing on the under 40 ft segment can successfully venture into larger models. The launch of the Saxdor 400 represents not just a new direction for the company but also a strategic move to cater to various preferences and geographical origins. The company also offers sporty weekenders measuring 40-45 ft, merging comfort and convenience in a sporty design characterized by bold lines, that suggest conquest capabilities and vast experience.
Merely three months after introducing the flagship 400 GTO at the Cannes Yachting Festival, Saxdor Yachts promptly unveiled the 400 GTC version, featuring an enclosed cabin design that lengthens the boat. Both versions maintain the intelligent walkway running halfway along the boat, creating a unique space with an extended balcony that augments the cockpit area and enhances the connection with the water surface.
The GTC version mainly focuses on comfort and privacy thanks to the advantage of having a closed cabin equipped with large glass panels on both sides, offering a different experience compared to the Saxdor 400 GTO which is an open space; however, it can easily be quickly converted into an open cabin with just a few operations. Although different in the main cockpit, the GTC version shares the same cabin architecture as the 400 GTO, providing a living space that exceeds expectations compared to 40 ft long boat models: 01 cabin with a private bathroom, 01 storage cabinet, and 01 integrated folding bed under the sofa.
The Saxdor 400 GTC will soon be introduced to the Vietnamese market. As the official distributor, Tam Son Yachting takes immense pride in this product line and is confident about its success among Vietnamese customers.
