No one quite agrees on just how to parse the differences between a superyacht, megayacht, or even the emerging gigayacht, but everyone’s pretty sure it’s a booming market.

Estimates suggest there were around 4,500 100-ft-or-longer superyachts in the world at the end of 2015 with another 700 or so on order, with some of the best going for billions.

The people who own one are the so-called Ultra High Net Worth Individuals–with $30m or more on hand, and an average $10m-plus boat (leaving nearly $20m for snacks). For a long time, bigger was just a hell of a lot better, but yachts are changing to better handle adventure, with luxurious appointments and room for lots of toys to play with once you finally drop anchor.

Which is probably why there’s just as much happening with smaller watercraft too, as motor yachts, speedboats, sports yachts, or whatever-the-fuck else you’d like to call them get reinvented and mashed up with more power, good looks, and IQ. We take a look at the year’s finest.

1— Superyachts are going from ambling to adventurous, and that’s where the striking SeaHawk ice-breaking yachts come in handy. At 338 feet long with a Polar Class 6 hull for cracking 2.5 feet of ice, room for three months of food, and a 12,000 nautical mile range, the SeaHawk is also gorgeously designed inside and out.

2— Bugatti did boats in the 1930s before ultra luxury cars, and now they’ve teamed with yacht builder Palmer Johnson to create Niniette, an open carbon-fibre “sport yacht” that comes in three models starting at $2 million. The styling, color scheme, and rich touches such as the titanium and exotic wood highlights are all classic Bugatti.

3— Silver Arrows Marine’s 45-foot ARROW460-Granturismo springs from a 4-year design partnership with Mercedes-Benz — and it shows. The sculptural Granturismo re-imagines the luxury “motor yacht” by blending outdoor/indoor living with smart glass, retractable stern terrace, built-in sun deck, and double-console cockpit. All fitted out with Yanmar diesel engines for that quick getaway.

4— Cigarette Racing’s slogan “Why own a boat when you can own a legend?” sums up the $1 million-plus 50-foot Marauder SS powerboat. Blending over-the-top racing performance with impeccably sleek looks, it’s touted as the most powerful production twin-engine performance boat on the market, with 3,100 horses that can push this craft to an estimated 135mph.

5— Vanquish Yachts just launched the stunning VQ 48 motorboat that takes the company’s reputation for agility and luxury to the next level. Built by hand, the VQ 48’s distinctive hull design, high-tech engineering, ultramodern dashboard, and tailored high-end audio systems constitute the next generation in boating.