[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.
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| Attributes | Details |
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| Forecast period | 2022-2032 |
| Historical data available for | 2012-2020 |
| Market analysis | USD Million for Value |
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| By Seat Capacity |
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| By Hull Type |
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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
