Global Personal Watercraft Market is expected to grow at a CAGR of 4.85% in the forecast period of 2021 to 2028. The increase within the rate of participation within the water sports activities across the world acts joined of the key factors driving the expansion of non- personal watercraft market.
However, the presence of strict regulations regarding emission from personal watercraft is expected to hinder the market growth.
Global Personal Watercraft Market Scenario
According to Data Bridge Market Research, the market for personal watercraft is expected to grow because the rise in demand for personal watercraft in the police organizations such as marine or water police for ensuring safety and security among the people participating in watersports and high usage as alternative for recreational purposes and sports accelerate the market growth. The several initiatives by manufacturers for offering personal watercraft products equipped with enhanced features and technology with safety features and rise in the number of fatalities and accidents during participation in water sports further influence the market
Now the question is which are the other regions that personal watercraft market is targeting? Data Bridge Market Research has estimated Asia-Pacific, the growing region of the market due to the upsurge in the prevalence of water sports globally is escalating the growth of personal watercraft market.
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Personal Watercraft Market Scope
Personal Watercraft market is segmented on the basis of countries into the U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa.
- All country based analysis of email marketing market is further analyzed based on maximum granularity into further segmentation On the basis of product, the personal watercraft market is segmented into recreational watercraft, muscle watercraft, luxury watercraft, performance watercraft, and sports watercraft, On the basis of type, the personal watercraft market is segmented into stand up, one seater, two seater, and three seater, On the basis of hull type, the personal watercraft market is segmented into plastics and composite, On the basis of engine displacement, the personal watercraft market is segmented into below 800 CC, 800-1000 CC, 1000-1500 CC, and above 1500 CC, On the basis of sales channel, the personal watercraft market is segmented into independent dealers, brand authorized dealers, a brand owned e-commerce and third party e-commerce.
- Personal watercraft (PWC) varies from state to state, but they are generally recognized as a vessel which uses an inboard motor powering a water jet pump as its primary source of motive power. The vessels are designed to be operated by a person sitting, standing or kneeling.
Key Pointers Covered in the Personal Watercraft Market Industry Trends and Forecast to 2028
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market Installed Base
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Cost of Care Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
Key Market Competitors Covered in the Report
- Yamaha Motor Co Ltd
- BRP
- Honda Motor Co, Ltd
- LAMPUGA GMBH
- Kawasaki Motors Corp
- U.S.A
- Border Roads Organisation
- Jiujiang Hison Motor Boat Manufacturing Co
- Ltd, Polaris Inc
- Arctic Cat Inc., SLVH s.r.o
- Hubei Sanjiang Boats Science & Technology Co
- Ltd, Bootswerft Meyer
- Brunswick Corporation
- Groupe Beneteau
- Azimut Benetti S.p.A.
- Sunseeker
- Marine Products CorporationInc
- FERRETTI S.P.A
- MAHINDRA ODYSSEA
Above are the key players covered in the report, to know about more and exhaustive list of personal watercraft companies’ contact us, https://www.databridgemarketresearch.com/de/toc/?dbmr=global-personal-watercraft-market
Research Methodology of Global Personal Watercraft Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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