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Personal Watercraft/Jet-ski Market Trends

Report ID: GMI6189
Published Date: Jul 2023
Report Format: PDF

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Personal Watercraft/Jet-ski Market Trends

Manufacturers are investing in research & development to introduce advanced features and technologies in jet-skis. These include improved stability systems, advanced control interfaces, GPS navigation, intelligent braking systems, and enhanced safety features. These functionalities aim to develop the overall performance, safety, and user experience of jet-skis. Connectivity features, such as Bluetooth, smartphone integration, and touchscreen displays, are being incorporated into new jet-ski models. These features enable riders to access navigation systems, music streaming, and other connected services while on the water, enhancing convenience and entertainment options.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of personal watercraft/jet-ski was reached USD 1489.9 million in 2022 and is projected to expand at a CAGR of over 5% between 2023 and 2032, owing to the availability of high-performance jet-skis with innovative features that attract sports enthusiasts.

The sports segment is generating high demand for jet-ski due to the rise of professional jet skiing competitions and events.

North America market accounted for 60% of revenue share in 2022, attributed to the presence of a large number of water bodies, coastal regions, and a strong water sports culture.

Kawasaki Motors Corp., USA, BRP, Polaris Industries, Yamaha Motor Corporation, Honda Motor Co., Ltd., AquaXtreme, Krash Industries, Gibbs Sports Amphibians Inc., Vortex Jet Boats, Kymco, Mar Sea, Redline Performance Products, Falkensteiner Boote, and Dart Jet Skis.