The TechSci Research report, “Water Sports Vehicles Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027”, predicts that the global water sports vehicles market will grow at a significant rate in the forecasted period, 2023-2027. The global water sports vehicles market is driven by the increased use of water scooters for underwater exploration and adventure activities and the rise in the disposable income of middle-class families. Water sports vehicles are used for recreational purposes and adventure activities on the sea and ocean coasts. The most common water sports vehicles are water scooters and bikes, as they are easily available at affordable rates. Deep propulsion vehicles and water jet bikes are some of the common types of water scooters, and they are operated by fuel or battery-powered systems. Water scooters are also widely used by the coastguards to ensure the safety of beaches.
Water sports vehicles are generally light in weight and help the divers to increase their range for underwater exploration. However, safety issues underwater may hamper the market growth in the forecasted period. The global water sports vehicles market is segmented into vehicle type, distribution channel, location, regional distribution, and competitive landscape. Based on vehicle type, the market is divided into speed boat, watercraft, skiing boat, deck boat, rowing boat and others. The skiing boat segment is expected to hold a significant market share in the forecasted period, as it is one of the most thrilling water sports and provides several health benefits to the user. Water skiing improves the core strength and tones the leg and muscles of the body. Based on location, the market is divided into river water sports, sea water sports, and others. River water sports are expected to capture the highest market share in the forecasted period. Riding on the water on river waves is a different and unique experience than on the sea waves, which is a major reason for their popularity among water sports enthusiasts. Rafting, sculling, fishing, and yachting are some of the other common activities that take place on the river and require the use of water sports vehicles.
Browse (Water Sports Vehicles Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Vehicle Type (Speed Boat, Watercraft, Skiing Boat, Deck Boat, Rowing Boat, Others), By Distribution Channel (Dealer, Direct from Manufacturer, Online), By Location (River Water Sports, Sea Water Sports, Others), and By Region) – https://www.techsciresearch.com/report/water-sports-vehicles-market/13085.html
| Attribute | Details |
| Base Year | 2021 |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Vehicle Type · Distribution Channel · Location |
| Regional scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
| Country scope | United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Columbia; South Africa; UAE; Saudi Arabia; Egypt |
| Key companies profiled | Porter, Inc., Sea Sport Boats Inc., Brunswick Corporation, The MasterCraft Boat Company, Malibu Inc., Polaris Inc., Bombardier Recreational Products Inc. |
Major operating companies operating in global water sports vehicles market are:
- Porter, Inc.
- Sea Sport Boats Inc.
- Brunswick Corporation
- The MasterCraft Boat Company
- Malibu Inc.
- Polaris Inc.
- Bombardier Recreational Products Inc.
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“The emergence of the online platforms and availability of the water sports vehicle for rental purposes is expected to have a significant impact on the global water sports vehicle market. Market players provide water sports vehicles at rent to the tourist and generally include the cost in the tourist package. The rise in the number of market players providing water sports vehicles at affordable rates is garnering customer attraction. The growing popularity of water sports and adventure activities and the launch of advanced water sports vehicles providing higher comfort and safety to riders are expected to propel the growth of the global water sports vehicle market till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Water Sports Vehicles Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Vehicle Type (Speed Boat, Watercraft, Skiing Boat, Deck Boat, Rowing Boat, Others), By Distribution Channel (Dealer, Direct from Manufacturer, Online), By Location (River Water Sports, Sea Water Sports, Others), and By Region”, has evaluated the future growth potential of global water sports vehicles and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global water sports vehicles market.
Table Of Content –
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Impact of COVID-19 on Global Water Sports Vehicles Market
5. Voice of Customer
5.1. Factors Influencing Purchase Decision
5.2. Aided Brand Recall and Unaided Brand Recall
5.3. Challenges/Unmet Needs
6. Global Water Sports Vehicles Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Vehicle Type (Speed Boat, Watercraft, Skiing Boat, Deck Boat, Rowing Boat, Others)
6.2.2. By Distribution Channel (Dealer, Direct from Manufacturer, Online)
6.2.3. By Location (River Water Sports, Sea Water Sports, Others)
6.2.4. By Region (North America; Europe & CIS; Asia Pacific; South America and Middle East & Africa)
6.2.5. By Company (2021)
6.3. Product Market Map (By Vehicle Type, By Region)
7. North America Water Sports Vehicles Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.2. By Distribution Channel
7.2.3. By Location
7.2.4. By Country (United States; Canada; Mexico)
7.3. Product Market Map (By Vehicle Type, By Country)
7.4. North America: Country Analysis
7.4.1. United States Water Sports Vehicles Market Outlook
7.4.1.1. Market Size & Forecast
7.4.1.1.1. By Value
7.4.1.2. Market Share & Forecast
7.4.1.2.1. By Vehicle Type
7.4.1.2.2. By Distribution Channel
7.4.1.2.3. By Location
7.4.2. Canada Water Sports Vehicles Market Outlook
7.4.2.1. Market Size & Forecast
7.4.2.1.1. By Value
7.4.2.2. Market Share & Forecast
7.4.2.2.1. By Vehicle Type
7.4.2.2.2. By Distribution Channel
7.4.2.2.3. By Location
7.4.3. Mexico Water Sports Vehicles Market Outlook
7.4.3.1. Market Size & Forecast
7.4.3.1.1. By Value
7.4.3.2. Market Share & Forecast
7.4.3.2.1. By Vehicle Type
7.4.3.2.2. By Distribution Channel
7.4.3.2.3. By Location
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