PUBLISHER: Polaris Market Research | PRODUCT CODE: 1463152
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1463152
Jet Boats Market Share, Size, Trends, Industry Analysis Report, By Product Type (<11m, 11-18m, 19-24m, >24m); By End-Use; By Region; Segment Forecast, 2024- 2032
The global jet boats market size is expected to reach USD 3.10 billion by 2032, according to a new study by Polaris Market Research. The report "Jet Boats Market Share, Size, Trends, Industry Analysis Report, By Product Type (<11m, 11-18m, 19-24m, >24m); By End-Use; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Jet boats are becoming more common as a result of their speed, flexibility, and capacity for navigating in shallow seas. Recreational sailors are showing interest in jet boats due to their ease of use and maintenance. Jet boats are also getting at lower cost, making them a sensible choice for individuals on a tight budget. The growing popularity of water-dependent sports like wakeboarding is fueling the demand for jet boats in the future. Key market players are collaborating with competitors to gain a competitive advantage. Whirlpool Jet Boat Tours and the Niagara River are remodeling and acquiring more waterfront properties. The rise of businesses in waterfront areas can open up new opportunities for jet boat excursions and other leisure activities, which will further fuel the jet boat sector as a whole, driving the expansion of the global market.
Demand for boats with the necessary facilities has increased as river racing and whitewater rafting have become more popular. There are numerous potentials for this market worldwide due to expanding marine industries and leisure activities. Growing innovations in the global market are fueling new product launches in the marketplace. William Jet Tenders, a manufacturer of high-quality jet-powered tenders and boats, unveiled two new dieseljet models, the Dieseljet 565 and the Dieseljet 625. Products like these can draw the interest of boating enthusiasts, boosting the industry and giving customers more options for jet-powered watercraft.
Growing collaborations by industrial players to facilitate environmentally friendly fuels in the marine sector are supporting the transition to eco-friendly products. A wide variety of watercraft, including jet boats, may be impacted by changes in the marine sector, including improvements in fuel technology and the launch of new products. For instance, At the 2023 Miami International Boat Show, the Yamaha maritime U.S. The Business Unit also announced a collaborative initiative for biofuel testing with the National Marine Manufacturing Association in addition to introducing new maritime products. The effectiveness, efficiency, and environmental characteristics of jet boats and other maritime vessels may be impacted by these shows and products in the future.
Jet Boats Market Report Highlights
<11m segment is anticipated to witness the highest growth in the coming years due to its suitability for use in wider applications.
In 2023, the entertainment segment held the largest market share, owing to the growing consumer preferences for customized experiences.
In 2023, the North American region dominated the largest market share, owing to the rising demand for recreational activities.
Europe is expected to witness the fastest growth rate owing to the presence of water-based tourist places in the region.
The global players include Alamarin-Jet, Bean Marine Fabrication (BMF), Chaparral Boats, Glastron Boats, HamiltonJet, Scarab Boats, Smoky Mountain Jet boats, etc.
Polaris Market Research has segmented the jet boats market report based on product type, end-use and region:
Jet Boats, Product Type Outlook (Revenue - USD Billion, 2019 - 2032)
- <11m
- 11-18m
- 19-24m
- >24m
Jet Boats, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)
- Transportation
- Competition
- Entertainment
Jet Boats, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Australia
- Rest of APAC
- Latin America
- Argentina
- Brazil
- Mexico
- Rest of LA
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
- Rest of MEA
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
- 2.1. Market Highlights
3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Jet Boats Market Insights
- 4.1. Jet Boats Market - Industry Snapshot
- 4.2. Jet Boats Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising demand for recreational activities is expected to fuel the need for jet boats.
- 4.2.1.2. Innovations in Jet Propulsion Technology
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High Initial & Maintenance Costs
- 4.2.1. Drivers and Opportunities
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Jet Boats Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Jet Boats Market, by Product Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Jet Boats, by Product Type, 2019-2032 (USD Billion)
- 5.3. <11m
- 5.3.1. Global Jet Boats Market, by <11m, by Region, 2019-2032 (USD Billion)
- 5.4. 11-18m
- 5.4.1. Global Jet Boats Market, by 11-18m, by Region, 2019-2032 (USD Billion)
- 5.5. 19-24m
- 5.5.1. Global Jet Boats Market, by 19-24m, by Region, 2019-2032 (USD Billion)
- 5.6. >24m
- 5.6.1. Global Jet Boats Market, by >24m, by Region, 2019-2032 (USD Billion)
6. Global Jet Boats Market, by End-Use
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 6.3. Transportation
- 6.3.1. Global Jet Boats Market, by Transportation, by Region, 2019-2032 (USD Billion)
- 6.4. Competition
- 6.4.1. Global Jet Boats Market, by Competition, by Region, 2019-2032 (USD Billion)
- 6.5. Entertainment
- 6.5.1. Global Jet Boats Market, by Entertainment, by Region, 2019-2032 (USD Billion)
7. Global Jet Boats Market, by Geography
- 7.1. Key findings
- 7.2. Introduction
- 7.2.1. Jet Boats Market Assessment, By Geography, 2019-2032 (USD Billion)
- 7.3. Jet Boats Market - North America
- 7.3.1. North America: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.3.2. North America: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.3.3. Jet Boats Market - U.S.
- 7.3.3.1. U.S.: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.3.3.2. U.S.: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.3.4. Jet Boats Market - Canada
- 7.3.4.1. Canada: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.3.4.2. Canada: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.4. Jet Boats Market - Europe
- 7.4.1. Europe: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.4.2. Europe: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.4.3. Jet Boats Market - UK
- 7.4.3.1. UK: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.4.3.2. UK: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.4.4. Jet Boats Market - France
- 7.4.4.1. France: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.4.4.2. France: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.4.5. Jet Boats Market - Germany
- 7.4.5.1. Germany: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.4.5.2. Germany: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.4.6. Jet Boats Market - Italy
- 7.4.6.1. Italy: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.4.6.2. Italy: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.4.7. Jet Boats Market - Spain
- 7.4.7.1. Spain: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.4.7.2. Spain: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.4.8. Jet Boats Market - Netherlands
- 7.4.8.1. Netherlands: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.4.8.2. Netherlands: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.4.9. Jet Boats Market - Russia
- 7.4.9.1. Russia: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.4.9.2. Russia: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.5. Jet Boats Market - Asia Pacific
- 7.5.1. Asia Pacific: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.5.2. Asia Pacific: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.5.3. Jet Boats Market - China
- 7.5.3.1. China: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.5.3.2. China: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.5.4. Jet Boats Market - India
- 7.5.4.1. India: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.5.4.2. India: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.5.5. Jet Boats Market - Malaysia
- 7.5.5.1. Malaysia: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.5.5.2. Malaysia: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.5.6. Jet Boats Market - Japan
- 7.5.6.1. Japan: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.5.6.2. Japan: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.5.7. Jet Boats Market - Indonesia
- 7.5.7.1. Indonesia: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.5.7.2. Indonesia: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.5.8. Jet Boats Market - South Korea
- 7.5.8.1. South Korea: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.5.8.2. South Korea: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.6. Jet Boats Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.6.2. Middle East & Africa: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.6.3. Jet Boats Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.6.3.2. Saudi Arabia: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.6.4. Jet Boats Market - UAE
- 7.6.4.1. UAE: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.6.4.2. UAE: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.6.5. Jet Boats Market - Israel
- 7.6.5.1. Israel: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.6.5.2. Israel: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.6.6. Jet Boats Market - South Africa
- 7.6.6.1. South Africa: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.6.6.2. South Africa: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.7. Jet Boats Market - Latin America
- 7.7.1. Latin America: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.7.2. Latin America: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.7.3. Jet Boats Market - Mexico
- 7.7.3.1. Mexico: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.7.3.2. Mexico: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.7.4. Jet Boats Market - Brazil
- 7.7.4.1. Brazil: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.7.4.2. Brazil: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- 7.7.5. Jet Boats Market - Argentina
- 7.7.5.1. Argentina: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- 7.7.5.2. Argentina: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. Alamarin-Jet
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Bean Marine Fabrication (BMF)
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. Chaparral Boats
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. Glastron Boats
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. HamiltonJet
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. Scarab Boats
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. Smoky Mountain Jet boats
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. Snake River Boats Ltd.
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. Williams Jet Tenders
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. Yamaha Boats
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
List of Tables
- Table 1 Global Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 2 Global Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 3 Jet Boats Market Assessment, By Geography, 2019-2032 (USD Billion)
- Table 4 North America: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 5 North America: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 6 U.S.: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 7 U.S.: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 8 Canada: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 9 Canada: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 10 Europe: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 11 Europe: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 12 UK: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 13 UK: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 14 France: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 15 France: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 16 Germany: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 17 Germany: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 18 Italy: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 19 Italy: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 20 Spain: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 21 Spain: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 22 Netherlands: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 23 Netherlands: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 24 Russia: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 25 Russia: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 26 Asia Pacific: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 27 Asia Pacific: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 28 China: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 29 China: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 30 India: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 31 India: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 32 Malaysia: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 33 Malaysia: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 34 Japan: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 35 Japan: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 36 Indonesia: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 37 Indonesia: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 38 South Korea: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 39 South Korea: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 40 Middle East & Africa: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 41 Middle East & Africa: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 42 Saudi Arabia: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 43 Saudi Arabia: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 44 UAE: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 45 UAE: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 46 Israel: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 47 Israel: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 48 South Africa: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 49 South Africa: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 50 Latin America: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 51 Latin America: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 52 Mexico: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 53 Mexico: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 54 Brazil: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 55 Brazil: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
- Table 56 Argentina: Jet Boats Market, by End-Use, 2019-2032 (USD Billion)
- Table 57 Argentina: Jet Boats Market, by Product Type, 2019-2032 (USD Billion)
List of Figures
- Figure 1 Global Jet Boats Market, 2019-2032 (USD Billion)
- Figure 2 Integrated Ecosystem
- Figure 3 Research Methodology: Top-Down & Bottom-Up Approach
- Figure 4 Market by Geography
- Figure 5 Porter's Five Forces
- Figure 6 Market by End-Use
- Figure 7 Global Jet Boats Market, by End-Use, 2022 & 2032 (USD Billion)
- Figure 8 Market by Product Type
- Figure 9 Global Jet Boats Market, by Product Type, 2022 & 2032 (USD Billion)
- Figure 10 Jet Boats Market Assessment, By Geography, 2019-2032 (USD Billion)
- Figure 11 Strategic Analysis - Jet Boats Market
