APAC Personal Watercraft Market - Industry Trends and Forecast to 2030
Asia-Pacific personal watercraft market is projected to register a CAGR of 6.4% in the forecast period of 2023 to 2030. The new market report contains data for the historic year 2022, the base year of calculation is 2022, and the forecast period is 2023 to 2030
Market Segmentation:
Asia-Pacific Personal Watercraft Market, By Offering (Sit-Down Model and Stand-Up Model), Components (Engine, Drive Shaft, Intake Grate, Impeller, Steering Nozzle, Steering Control, Speedometer, Safety Switch, and Others), Propulsion Type (IC Engines and Electric), Hull Type (Plastic and Composite), Functionality (Accessory Package, Auto Trim, Connext Screen, Custom-Tuned Electric TRIM, Foot Chocks, Optional Audio Speakers, Ride, and Others), Series (REC Lite, Recreation, Freestyle, Performance, and Luxury), Seating Model (Double, Single, Triple, and Others), Distribution Channel (Direct Channel and Indirect Channel), End-User (Rental, Government, and Individual), Country (China, Japan, India, Philippines, South Korea, Australia, New Zealand, Singapore, Thailand, Indonesia, Malaysia, Vietnam, Taiwan, and the rest of Asia-Pacific) Industry Trends and Forecast to 2030
Some of the major factors contributing to the growth of the Asia-Pacific personal watercraft market are:
• Rapid growth in surface water sports championships and events
• Increase in the number of adventure sports participation
Market Players:
Some of the major players operating in the Asia-Pacific personal watercraft market:
• BRP
• Yamaha Motor Co., Ltd.
• Kawasaki Heavy Industries, Ltd.
• BELASSI GmbH
• X Scream Inc
• Krash Industries
• Nikola Corporation
• Strand Craft Design LLC.
• Jiujiang Hison Motor Boat Manufacturing Co., Ltd
• TAIGA MOTORS INC.
• Pro Watercraft
• Short Block Technologies, Inc.
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