Personal Watercraft Market, By Product Type, By Engine Type, By Application, By Geography

Description

Global personal watercraft market is estimated to be valued at USD 2.83 billion in 2024 and is expected to reach USD 4.46 billion by 2031, exhibiting a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 2.83 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 to 2031
Forecast Period 2024 to 2031 CAGR:	6.70%	2031 Value Projection:	US$ 4.46 Bn

Figure. Personal Watercraft Market Share (%), By Region, 2024

Personal watercraft, also known as sea-doos or wave runners, are marine vehicles that are used recreationally for water sports activities. These work like motorcycles of the sea, providing the thrill of speed and acceleration. Personal watercraft comes with just enough seating space for 1-3 riders and requires minimal supervision for operation. Their nimbleness and maneuverability makes them a popular choice for activities like slalom riding and dock jumping. Technological advances have made modern personal watercraft easier and safer to operate, thus, attracting more first-time buyers into the market.

Market Dynamics:

Global personal watercraft market growth is driven by rising recreational boating and watersports activities. Growing interest of young adults in thrilling outdoor sports coupled with rising disposable incomes can drive the market growth. However, stringent safety regulations impose certain restraints on deployment of personal watercrafts in mass recreational activities. High insurance costs for personal watercraft can also hamper the market growth. Meanwhile, development of eco-friendly personal watercraft with reduced emissions can offer lucrative growth opportunities. Introduction of electric personal watercraft could accelerate their adoption in the near future.

Key features of the study:

This report provides in-depth analysis of the global personal watercraft market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global personal watercraft market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Avon Marine, BRP Inc. (Bombardier Recreational Products), Gibbs Sports Amphibians, Inc., HISON, Honda Motors, Jiujiang Poseidon Motorboat Manufacturing Co., Limited, Kawasaki Motors Corporation, Lampuga, Meyer Bootswerft, NARKE, Polaris Industries, Sea Doo, SLVH s.r.o, Yamaha Motors, and Zodiac Nautic

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

Global personal watercraft market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global personal watercraft market

Detailed Segmentation-

By Product Type Insights (Revenue, USD Bn, 2019 - 2031)
- Sit-Down Personal Watercraft
- Stand-Up Personal Watercraft
By Engine Type Insights (Revenue, USD Bn, 2019 - 2031)
- Four-Stroke Engines
- Two-Stroke Engines
By Application Insights (Revenue, USD Bn, 2019 - 2031)
- Recreational
- Racing
- Touring
- Others
Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- Avon Marine
- BRP Inc. (Bombardier Recreational Products)
- Gibbs Sports Amphibians, Inc.
- HISON
- Honda Motors
- Jiujiang Poseidon Motorboat Manufacturing Co., Limited
- Kawasaki Motors Corporation
- Lampuga
- Meyer Bootswerft
- NARKE
- Polaris Industries
- Sea Doo
- SLVH s.r.o
- Yamaha Motors
- Zodiac Nautic.

Product Code: CMI7413

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Engine Type
- Market Snippet, By Application
- Market Snippet, By Region

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
Impact of COVID-19 Pandemic

4. Global Personal Watercraft Market, By Product Type, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Sit-Down Personal Watercraft
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Stand-Up Personal Watercraft
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)

5. Global Personal Watercraft Market, By Engine Type, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Four-Stroke Engines
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Two-Stroke Engines
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)

6. Global Personal Watercraft Market, By Application, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Recreational
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Racing
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Touring
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)

7. Global Personal Watercraft Market, By Region, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
North America
- Regional Trends
- Market Size and Forecast, By Product Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Engine Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - U.S.
  - Canada
Europe
- Regional Trends
- Market Size and Forecast, By Product Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Engine Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Regional Trends
- Market Size and Forecast, By Product Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Engine Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Latin America
- Regional Trends
- Market Size and Forecast, By Product Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Engine Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Middle East
- Regional Trends
- Market Size and Forecast, By Product Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Engine Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - Israel
  - GCC Countries
  - Rest of the Middle East
Africa
- Regional Trends
- Market Size and Forecast, By Product Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Engine Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country/Region, 2019-2031, (US$ Bn)
  - South Africa
  - North Africa
  - Central Africa

8. Competitive Landscape

Company Profiles
- Avon Marine
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- BRP Inc. (Bombardier Recreational Products)
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Gibbs Sports Amphibians, Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- HISON
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Honda Motors
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Jiujiang Poseidon Motorboat Manufacturing Co., Limited
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Kawasaki Motors Corporation
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Lampuga
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Meyer Bootswerft
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- NARKE
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Polaris Industries
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Sea Doo
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- SLVH s.r.o
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Yamaha Motors
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Zodiac Nautic.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Research Methodology

References
Research Methodology
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