Global Water Bikes Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Water Bikes Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Water bike is recreational watercraft that the rider sits or stands on, rather than inside of, as in a boat. Meanwhile, water bike is also a new angle for waterfront fun. Essentially, a water bike is exactly what it sounds like-- a bike that rides on the water. Water bikes combine the athleticism of biking with the versatility of boating, which together creates a once-in-a-lifetime experience on the river or lack, which is a long-lasting, premier quality family fun and fitness on the water.

Market Overview:

The latest research study on the global Water Bikes market finds that the global Water Bikes market reached a value of USD 112.99 million in 2022. It’s expected that the market will achieve USD 453.41 million by 2028, exhibiting a CAGR of 26.06% during the forecast period.

Eco-Friendly

Water Bikes have no motor, create no pollution, leave no carbon footprint, and are whisper quiet. In addition, they are easy to ride with no skill required. They are faster than kayaks and better than fishing kayaks for catching fish. Users won't disturb wild, or aquatic life. With premier quality, water bikes are for family fun, fitness, and environment. The eco-friendliness of water bikes brings opportunities to industry participants and has a positive impact on the development of the industry.

Unsaturated market

The water bikes market is estimated to witness a globally unsaturated market, as only a few companies produce water bikes. The shift from manufacturing to developing economies has created a concerning situation for the developed markets. These economic downturns may also have a significant impact on the water bikes industry over the coming years; and can act as a significant restraint to market growth.

Region Overview:

Europe is projected to account for a considerable share of the Water Bikes market and is expected to become the largest region by 2027.

Company Overview:

Hydrobikes is one of the major players operating in the Water Bikes market, holding a share of 18.9% in 2020.

Hydrobikes

Hydrobikes have been synonymous with fun & fitness on the water in 74 countries now since the founder invented our pedal-powered water bike over 25 years ago. Hydrobikes are USA-built-pedal powered watercraft that have been gracing waterways worldwide since 1990. HydroBike is the worldwide premier water bike. The Hydrobike is the ultimate human-powered watercraft. With little effort, you can cruise at 5 miles per hour. They can easily be ridden in even the windiest and waviest conditions. They are virtually impossible to tip over and they are GREAT for fishing.

Schiller

Manufacturer of water bikes designed to deliver an unparalleled cycling experience on oceans, lakes, rivers, and canals around the world. Schiller was founded on the daring belief that a blue planet is meant for biking. Schiller wants to give people of all athletic abilities the most exhilarating and dynamic cycling experience by riding the world's most advanced water bike. Schiller's commitment to design, technology, safety and engineering, matched with a passion for all things aquatic, is what guides us every day.

Segmentation Overview:

Among different product types, One-Seater Type segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Water Sports Center segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Water Bikes market covered in Chapter 3:

Manta5
LA NORIA
Seacycle
Schiller
Hydrobikes
Red Shark Bikes

In Chapter 4 and Chapter 14.2, on the basis of types, the Water Bikes market from 2018 to 2029 is primarily split into:

Solo Type
Two-Seater Type
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Water Bikes market from 2018 to 2029 covers:

Water Sports Center
Beach Resorts & Hotel
Active Tourism
Yacht /Yacht Services
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)