[250 Pages Report] The personal watercraft market size is anticipated to grow at a moderate CAGR of 6% during 2022-2032.
“The personal watercraft market is predicted to expand as demand for personal watercraft increases in applications, such as marine or water police, to ensure safety and security among individuals engaged in water sports, as well as high utilisation as a recreational and sporting alternative.”
With stringent emission regulations, the personal watercraft manufacturers are focusing on developing technologically advanced personal watercraft, which cause less pollution.
Since the personal watercrafts were invented, these have been equipped with two stroke engines, but with changing technology, the personal watercrafts are now powered with state-of-the-art four stroke engines. Such personal watercraft boats are extensively used for sports and leisure activities.
| Attributes | Details |
|---|---|
| Personal Watercraft Market Size (2020) | USD 1.6 Bn |
| Personal Watercraft Market CAGR (2022-2032) | 6% |
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“For a better development of the personal watercraft sector, advanced technologies are taken into account. Eclectic personal watercraft has been introduced as an environmental-friendly alternative.”
Technological advancements in the personal watercraft have led to the introduction of quieter and cleaner personal watercraft. In the previous decade, these water vessels were powered with two stroke engines, as a result of which they caused a lot of pollution. But with stringent emission regulations coming into play, personal watercrafts are now powered by four stroke engines.
This would increase the demand for personal watercraft and promote the growth of the personal watercraft market over the assessment period. Moreover, now the manufacturers are launching multi-passenger personal watercraft in the market, which offer state of the art features and functions. This will further ramp up the personal watercraft market over the assessment period.
Moreover, the personal watercraft market is anticipated to further augment over the assessment period owing to increase in leisure spending and increasing demand of personal watercraft for utilization in sports. Multi-passenger personal watercraft are trending in the market. Due to this, personal watercraft manufacturers have focused their designs on today’s consumer base, i.e. families, thus continuing to manufacture more of three person models.
Their increasing demand will further drive the anticipated growth of the personal watercraft market over the assessment period. Stringent emission norms and safety regulations derail the growth of the personal watercraft market. Owing to many speed and emission regulations, the manufacturers are investing in implementing new technologies in their products.
This will increase the initial cost of the personal watercraft, which would have a negative impact on the sales. Moreover, apart from recreational and sports applications, personal watercraft cannot be used for transport of goods and passengers. This could further restrain the growth of the market over the assessment period.
“Personal watercraft (PWC) definitions vary by state, although they are commonly defined as a vessel with an inboard motor driving a water jet pump as its principal source of propulsion.”
North America is anticipated to hold a significant market share in the global personal watercraft market, owing to the presence of many original equipment manufacturers and anticipated increase in demand for personal watercraft in the said region. The European personal watercraft market is driven by increasing investment in sports and recreation.
Moreover, growing tourism in developing economies of the Asia-Pacific region, such as China and India, will create opportunities for the OEM’s to boost up their sales in the region. This trend is anticipated to remain the same in the MEA region, due to which the region will witness a steady growth in the sales of personal watercraft over the assessment period.
Principal Consultant
| Attributes | Details |
|---|---|
| Forecast period | 2022-2032 |
| Historical data available for | 2012-2020 |
| Market analysis | USD Million for Value |
| By Type |
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| By Seat Capacity |
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| By Hull Type |
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| By Region |
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| Key Players |
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The global personal watercraft market is expected to register a CAGR of 6.0% from 2022 to 2032.
BRP Inc., dominates the global personal watercraft market.
The size of the global personal watercraft market is projected to reach about US$ 2.7 Bn by 2022.
North America is expected to grow fastest in the personal watercraft market.
The personal watercraft market is projected to be valued at US$ 4.82 Bn by 2032.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Personal Watercraft Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Personal Watercraft Market Analysis 2017-2021 and Forecast 2022-2032, By Engine Displacement
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Engine Displacement, 2017-2021
5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Engine Displacement, 2022-2032
5.3.1. Less than 800 cc
5.3.2. 800 cc to 1000 cc
5.3.3. 1000 cc to 1400 cc
5.3.4. More than 1400 cc
5.4. Y-o-Y Growth Trend Analysis By Engine Displacement, 2017-2021
5.5. Absolute $ Opportunity Analysis By Engine Displacement, 2022-2032
Deep-dive segmentation will be available in the sample on request
6. Global Personal Watercraft Market Analysis 2017-2021 and Forecast 2022-2032, By Seat Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Seat Type, 2017-2021
6.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Seat Type, 2022-2032
6.3.1. Single Seat
6.3.2. Double Seat
6.3.3. Three Seat
6.3.4. Standing Type
6.4. Y-o-Y Growth Trend Analysis By Seat Type, 2017-2021
6.5. Absolute $ Opportunity Analysis By Seat Type, 2022-2032
Deep-dive segmentation will be available in the sample on request
7. Global Personal Watercraft Market Analysis 2017-2021 and Forecast 2022-2032, By Hull Type
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Hull Type, 2017-2021
7.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Hull Type, 2022-2032
7.3.1. Composites
7.3.2. Plastic
7.4. Y-o-Y Growth Trend Analysis By Hull Type, 2017-2021
7.5. Absolute $ Opportunity Analysis By Hull Type, 2022-2032
Deep-dive segmentation will be available in the sample on request
8. Global Personal Watercraft Market Analysis 2017-2021 and Forecast 2022-2032, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Region, 2017-2021
8.3. Current Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Region, 2022-2032
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. East Asia
8.3.5. South Asia & Pacific
8.3.6. MEA
8.4. Market Attractiveness Analysis By Region
9. North America Personal Watercraft Market Analysis 2017-2021 and Forecast 2022-2032, By Country
9.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
9.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
9.2.1. By Country
9.2.1.1. U.S.
9.2.1.2. Canada
9.2.2. By Engine Displacement
9.2.3. By Seat Type
9.2.4. By Hull Type
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Engine Displacement
9.3.3. By Seat Type
9.3.4. By Hull Type
9.4. Key Takeaways
10. Latin America Personal Watercraft Market Analysis 2017-2021 and Forecast 2022-2032, By Country
10.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
10.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
10.2.1. By Country
10.2.1.1. Mexico
10.2.1.2. Brazil
10.2.1.3. Rest of Latin America
10.2.2. By Engine Displacement
10.2.3. By Seat Type
10.2.4. By Hull Type
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Engine Displacement
10.3.3. By Seat Type
10.3.4. By Hull Type
10.4. Key Takeaways
11. Europe Personal Watercraft Market Analysis 2017-2021 and Forecast 2022-2032, By Country
11.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
11.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. Italy
11.2.1.3. France
11.2.1.4. U.K.
11.2.1.5. Spain
11.2.1.6. BENELUX
11.2.1.7. Russia
11.2.1.8. Rest of Europe
11.2.2. By Engine Displacement
11.2.3. By Seat Type
11.2.4. By Hull Type
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Engine Displacement
11.3.3. By Seat Type
11.3.4. By Hull Type
11.4. Key Takeaways
12. East Asia Personal Watercraft Market Analysis 2017-2021 and Forecast 2022-2032, By Country
12.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
12.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.2. By Engine Displacement
12.2.3. By Seat Type
12.2.4. By Hull Type
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Engine Displacement
12.3.3. By Seat Type
12.3.4. By Hull Type
12.4. Key Takeaways
13. South Asia & Pacific Personal Watercraft Market Analysis 2017-2021 and Forecast 2022-2032, By Country
13.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
13.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
13.2.1. By Country
13.2.1.1. India
13.2.1.2. ASEAN
13.2.1.3. Australia and New Zealand
13.2.1.4. Rest of South Asia & Pacific
13.2.2. By Engine Displacement
13.2.3. By Seat Type
13.2.4. By Hull Type
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Engine Displacement
13.3.3. By Seat Type
13.3.4. By Hull Type
13.4. Key Takeaways
14. MEA Personal Watercraft Market Analysis 2017-2021 and Forecast 2022-2032, By Country
14.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
14.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. Turkey
14.2.1.3. South Africa
14.2.1.4. Rest of MEA
14.2.2. By Engine Displacement
14.2.3. By Seat Type
14.2.4. By Hull Type
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Engine Displacement
14.3.3. By Seat Type
14.3.4. By Hull Type
14.4. Key Takeaways
15. Key Countries Personal Watercraft Market Analysis
15.1. U.S.
15.1.1. Pricing Analysis
15.1.2. Market Share Analysis, 2021
15.1.2.1. By Engine Displacement
15.1.2.2. By Seat Type
15.1.2.3. By Hull Type
15.2. Canada
15.2.1. Pricing Analysis
15.2.2. Market Share Analysis, 2021
15.2.2.1. By Engine Displacement
15.2.2.2. By Seat Type
15.2.2.3. By Hull Type
15.3. Mexico
15.3.1. Pricing Analysis
15.3.2. Market Share Analysis, 2021
15.3.2.1. By Engine Displacement
15.3.2.2. By Seat Type
15.3.2.3. By Hull Type
15.4. Brazil
15.4.1. Pricing Analysis
15.4.2. Market Share Analysis, 2021
15.4.2.1. By Engine Displacement
15.4.2.2. By Seat Type
15.4.2.3. By Hull Type
15.5. Germany
15.5.1. Pricing Analysis
15.5.2. Market Share Analysis, 2021
15.5.2.1. By Engine Displacement
15.5.2.2. By Seat Type
15.5.2.3. By Hull Type
15.6. Italy
15.6.1. Pricing Analysis
15.6.2. Market Share Analysis, 2021
15.6.2.1. By Engine Displacement
15.6.2.2. By Seat Type
15.6.2.3. By Hull Type
15.7. France
15.7.1. Pricing Analysis
15.7.2. Market Share Analysis, 2021
15.7.2.1. By Engine Displacement
15.7.2.2. By Seat Type
15.7.2.3. By Hull Type
15.8. U.K.
15.8.1. Pricing Analysis
15.8.2. Market Share Analysis, 2021
15.8.2.1. By Engine Displacement
15.8.2.2. By Seat Type
15.8.2.3. By Hull Type
15.9. Spain
15.9.1. Pricing Analysis
15.9.2. Market Share Analysis, 2021
15.9.2.1. By Engine Displacement
15.9.2.2. By Seat Type
15.9.2.3. By Hull Type
15.10. BENELUX
15.10.1. Pricing Analysis
15.10.2. Market Share Analysis, 2021
15.10.2.1. By Engine Displacement
15.10.2.2. By Seat Type
15.10.2.3. By Hull Type
15.11. Russia
15.11.1. Pricing Analysis
15.11.2. Market Share Analysis, 2021
15.11.2.1. By Engine Displacement
15.11.2.2. By Seat Type
15.11.2.3. By Hull Type
15.12. China
15.12.1. Pricing Analysis
15.12.2. Market Share Analysis, 2021
15.12.2.1. By Engine Displacement
15.12.2.2. By Seat Type
15.12.2.3. By Hull Type
15.13. Japan
15.13.1. Pricing Analysis
15.13.2. Market Share Analysis, 2021
15.13.2.1. By Engine Displacement
15.13.2.2. By Seat Type
15.13.2.3. By Hull Type
15.14. South Korea
15.14.1. Pricing Analysis
15.14.2. Market Share Analysis, 2021
15.14.2.1. By Engine Displacement
15.14.2.2. By Seat Type
15.14.2.3. By Hull Type
15.15. India
15.15.1. Pricing Analysis
15.15.2. Market Share Analysis, 2021
15.15.2.1. By Engine Displacement
15.15.2.2. By Seat Type
15.15.2.3. By Hull Type
15.16. ASEAN
15.16.1. Pricing Analysis
15.16.2. Market Share Analysis, 2021
15.16.2.1. By Engine Displacement
15.16.2.2. By Seat Type
15.16.2.3. By Hull Type
15.17. Australia and New Zealand
15.17.1. Pricing Analysis
15.17.2. Market Share Analysis, 2021
15.17.2.1. By Engine Displacement
15.17.2.2. By Seat Type
15.17.2.3. By Hull Type
15.18. GCC Countries
15.18.1. Pricing Analysis
15.18.2. Market Share Analysis, 2021
15.18.2.1. By Engine Displacement
15.18.2.2. By Seat Type
15.18.2.3. By Hull Type
15.19. Turkey
15.19.1. Pricing Analysis
15.19.2. Market Share Analysis, 2021
15.19.2.1. By Engine Displacement
15.19.2.2. By Seat Type
15.19.2.3. By Hull Type
15.20. South Africa
15.20.1. Pricing Analysis
15.20.2. Market Share Analysis, 2021
15.20.2.1. By Engine Displacement
15.20.2.2. By Seat Type
15.20.2.3. By Hull Type
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Engine Displacement
16.3.3. By Seat Type
16.3.4. By Hull Type
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. BRP Inc
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.1.5.2. Product Strategy
17.1.1.5.3. Channel Strategy
17.1.2. Yamaha Motors Co., Ltd.
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.2.5.2. Product Strategy
17.1.2.5.3. Channel Strategy
17.1.3. Kawasaki Motors Corp.
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.3.5.2. Product Strategy
17.1.3.5.3. Channel Strategy
17.1.4. Honda Motors. Co., Ltd.
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.4.5.2. Product Strategy
17.1.4.5.3. Channel Strategy
17.1.5. Polaris Industries
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.5.5.2. Product Strategy
17.1.5.5.3. Channel Strategy
17.1.6. Arctic cat Inc.
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.6.5.2. Product Strategy
17.1.6.5.3. Channel Strategy
17.1.7. Meyer Bootswerft
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.7.5.2. Product Strategy
17.1.7.5.3. Channel Strategy
17.1.8. Hubei Sanjiang Boats Science & Technology Co., Ltd
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.8.5.2. Product Strategy
17.1.8.5.3. Channel Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
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Personal Watercraft Market
