Personal Watercraft Market Report Overview
The research draws upon predictions from prominent organizations and market statistics. Within the Personal Watercraft Market research, there’s an intricate examination at global, regional, and country levels, accompanied by a competitive outlook throughout the forecast timeframe and evaluations of individual company worth. The Personal Watercraft market report comprehensively addresses growth factors, existing market shares, technological advancements, applications, and the extent of regional presence, all projected until 2029.
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Personal Watercraft Market Value
The Global Personal Watercraft Market size is valued at approximately USD 1.8 billion in 2022 and the total market is expected to grow at a CAGR of 6.5% from 2023 to 2029, reaching nearly USD 2.8 billion
Personal Watercraft Market Report Scope and Research Methodology
The report concerning the Personal Watercraft market presents both qualitative and quantitative analyses of market development factors, constraints, opportunities, and challenges within the global market landscape. The Personal Watercraft market research was executed by segmenting the market into primary categories, further divided into various sub-segments. The report provides an analysis of the market on a regional basis, encompassing dynamics and the size of the Personal Watercraft market.
The research conducted by MMR in the Personal Watercraft industry integrates primary and secondary research methods, lending authenticity to the report. Employing a bottom-up approach, the estimation of both global and regional Personal Watercraft market sizes was undertaken. MMR’s report emerges from a comprehensive study that utilized a range of methodologies including PESTLE, PORTER, and SWOT analyses. These models were employed to illuminate the vital financial considerations that Personal Watercraft market players should prioritize when formulating marketing strategies for both consumer and industrial markets.
Personal Watercraft Market Regional Analysis
The Personal Watercraft market report encompasses an examination of various regions, including Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. The research delves into the primary geographic landscape, offering analyses of segments and sub-segments within the report. The current status of each regional market is detailed within the report, encompassing aspects like market size, share, and volume.
Market dynamics for personal watercrafts:
Market drivers: Personal watercrafts are seeing a rise in popularity all around the world. Numerous reasons, including the rise in outdoor recreational activities, growing public awareness of the health advantages of exercise and being outdoors, and the influence of social media and popular culture, are driving the market’s expansion. Because four-stroke engines are more ecologically friendly and efficient than two-stroke engines, their development has also aided in the growth of the market. The need for personal watercraft equipment has increased as a result of these technical improvements, which have also helped to maintain and draw in new clients. The Asia-Pacific region’s growing tourism economy is the primary driver of the significant increase in sales of personal watercraft.
Personal Watercraft Market Segmentation
by Type
1.Standing
2.Sitting
by Seating Capacity
1.One seat
2.Two seats
3.Three seats
by Hull Type
1. Plastics
2.Composites
by Engine Type
1.IC engine
2.Electric engine
by Engine Displacement
1.Below 800cc
2.800-1000cc
3.1000-1500 cc
4.Above 1500 cc
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Personal Watercraft Key Players
1.BRP Inc. (Bombardier Recreational Products), (Canada)
2.Yamaha Motors (Japan)
3.Honda Motors (Japan)
4.Sea Doo (Canada)
5.Kawasaki Motors Corporation (Japan)
6. Polaris Industries (USA)
7.Jiujiang Poseidon Motorboat Manufacturing Co., Limited (China)
8.Arctic Cat Inc. (Germany)
9.Hubei Sanjiang Boats Science & Technology Co., Ltd (China)
10.HISON (China)
11. Lampuga (Germany)
12. Meyer Bootswerft (Germany)
13. SLVH s.r.o (Czech Republic)
14.Avon Marine (India)
15. Azimut Benetti group (Italy)
16. Baja Marine (USA)
17.Bavaria Yachtbau GmbH (Germany)
18.Brunswick Corporation (USA)
19. Chaparral Boats, Inc. (USA)
20.Farr Yacht Design, Ltd. (USA)
21.Ferretti S.P.A. (Italy)
22.Fountain Powerboats, Inc. (USA)
23. Pure Watercraft (US
Table of content for the Personal Watercraft Market includes:
Part 01: Executive Summary
Part 02: Scope of the Personal Watercraft Market Report
Part 03: Personal Watercraft Market Landscape
Part 04: Personal Watercraft Market Sizing
Part 05: Personal Watercraft Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Key Questions answered in the Personal Watercraft Market Report are:
- What is Personal Watercraft?
- What is the expected CAGR of the Personal Watercraft market during the forecast period?
- Which factor is expected to create growth opportunities for the Personal Watercraft Market?
- What factors are affecting the Personal Watercraft market growth?
- Which region held the largest share of the Personal Watercraft market?
- What key trends are expected to emerge in the Personal Watercraft market during the forecast?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2023-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation- A detailed analysis of each segment and their sub-segments
- Competitive Landscape – Leading key players and other prominent key players.
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