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Report
APAC Personal Watercraft Market - Industry Trends and Forecast to 2030
Market Report I 2023-02-01 I 273 Pages I Data Bridge Market Research
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.
TABLE OF CONTENTS
1 INTRODUCTION 58
1.1 OBJECTIVES OF THE STUDY 58
1.2 MARKET DEFINITION 58
1.3 OVERVIEW OF THE ASIA-PACIFIC PERSONAL WATERCRAFT MARKET 58
1.4 CURRENCY AND PRICING 60
1.5 LIMITATIONS 60
1.6 MARKETS COVERED 60
2 MARKET SEGMENTATION 64
2.1 MARKETS COVERED 64
2.2 YEARS CONSIDERED FOR THE STUDY 65
2.3 GEOGRAPHIC SCOPE 66
2.4 DBMR TRIPOD DATA VALIDATION MODEL 67
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 70
2.6 DBMR MARKET POSITION GRID 71
2.7 VENDOR SHARE ANALYSIS 73
2.8 MULTIVARIATE MODELLING 74
2.9 TYPE TIMELINE CURVE 75
2.10 END-USER COVERAGE GRID 76
2.11 SECONDARY SOURCES 77
2.12 ASSUMPTIONS 77
3 EXECUTIVE SUMMARY 78
4 PREMIUM INSIGHTS 81
4.1 PORTER'S FIVE FORCES 82
4.2 PATENT ANALYSIS 83
4.3 COMPANY COMPARATIVE ANALAYSIS 84
4.4 CASE STUDY 85
4.5 VALUE CHAIN ANALYSIS 86
4.5.1 OVERVIEW OF VALUE CHAIN ANALYSIS OF THE ASIA-PACIFIC PERSONAL WATERCRAFT MARKET 86
4.5.2 PRIMARY ACTIVITIES 86
4.5.3 SUPPORTING ACTIVITIES 87
4.6 TECHNOLOGY TREND ANALYSIS 88
4.7 REGULATORY FRAMEWORK 89
5 MARKET OVERVIEW 92
5.1 DRIVERS 94
5.1.1 RAPID GROWTH IN SURFACE WATER SPORTS CHAMPIONSHIPS AND EVENTS 94
5.1.2 INCREASE IN THE NUMBER OF ADVENTURE SPORTS PARTICIPATION 94
5.1.3 UPSURGE IN THE ADVANCEMENT OF TECHNOLOGY AND ADOPTION OF CLEAN AND QUITTER WATERCRAFT 96
5.1.4 RISE IN THE DEVELOPMENT OF THE RENTAL BUSINESS 96
5.2 RESTRAINT 97
5.2.1 LACK OF SKILLED AND EXPERIENCED PROFESSIONALS 97
5.3 OPPORTUNITIES 97
5.3.1 INCREASE IN RECOGNITION OF WATER SPORTS IN INTERNATIONAL SPORTS 97
5.3.2 CHANGE IN THE LIFESTYLES AND DEMOGRAPHICS OF PEOPLE 98
5.3.3 INCREASE IN THE ADOPTION OF ASIA-PACIFIC TRENDS AMONG YOUNGSTERS 98
5.4 CHALLENGE 99
5.4.1 HIGH COSTS ASSOCIATED WITH PERSONAL WATERCRAFTS 99
6 ASIA-PACIFIC PERSONAL WATERCRAFT MARKET, BY TYPE 102
6.1 OVERVIEW 103
6.2 SIT-DOWN MODEL 104
6.3 STAND-UP MODEL 105
7 ASIA-PACIFIC PERSONAL WATERCRAFT MARKET, BY COMPONENTS 106
7.1 OVERVIEW 107
7.2 ENGINE 108
7.3 DRIVE SHIFT 109
7.4 INTAKE GRATE 109
7.5 IMPELLER 110
7.6 STEERING NOZZLE 111
7.7 STEERING CONTROL 111
7.8 SPEEDOMETER 112
7.9 SAFETY SWITCH 113
7.10 OTHERS 114
8 ASIA-PACIFIC PERSONAL WATERCRAFT MARKET, BY PROPULSION TYPE 115
8.1 OVERVIEW 116
8.2 IC ENGINES 117
8.2.1 LESS THAN 100 HP 118
8.2.2 100-250 HP 118
8.2.3 ABOVE 250 HP 118
8.3 ELECTRIC 118
9 ASIA-PACIFIC PERSONAL WATERCRAFT MARKET, BY HULL TYPE 120
9.1 OVERVIEW 121
9.2 PLASTIC 122
9.2.1 SIT-DOWN MODEL 123
9.2.2 STAND-UP MODEL 123
9.3 COMPOSITE 123
9.3.1 SIT-DOWN MODEL 124
9.3.2 STAND-UP MODEL 124
10 ASIA-PACIFIC PERSONAL WATERCRAFT MARKET, BY FUNCTIONALITY 125
10.1 OVERVIEW 126
10.2 ACCESSORY PACKAGE 127
10.3 AUTO TRIM 128
10.4 CONNEXT SCREEN 128
10.5 CUSTOM-TUNED ELECTRIC TRIM 129
10.6 FOOT CHOCKS 130
10.7 OPTIONAL AUDIO SPEAKERS 130
10.8 RIDE 131
10.9 OTHERS 132
11 ASIA-PACIFIC PERSONAL WATERCRAFT MARKET, BY SERIES 133
11.1 OVERVIEW 134
11.2 REC LITE 135
11.2.1 SIT-DOWN MODEL 136
11.2.2 STAND-UP MODEL 136
11.3 RECREATION 136
11.3.1 SIT-DOWN MODEL 137
11.3.2 STAND-UP MODEL 137
11.4 FREESTYLE 137
11.4.1 SIT-DOWN MODEL 138
11.4.2 STAND-UP MODEL 138
11.5 PERFORMANCE 138
11.5.1 SIT-DOWN MODEL 139
11.5.2 STAND-UP MODEL 139
11.6 LUXURY 139
11.6.1 SIT-DOWN MODEL 140
11.6.2 STAND-UP MODEL 140
12 ASIA-PACIFIC PERSONAL WATERCRAFT MARKET, BY SEAT MODEL 141
12.1 OVERVIEW 142
12.2 DOUBLE 143
12.3 SINGLE 144
12.4 TRIPLE 145
12.5 OTHERS 146
13 ASIA-PACIFIC PERSONAL WATERCRAFT MARKET, BY DISTRIBUTION CHANNEL 147
13.1 OVERVIEW 148
13.2 DIRECT CHANNEL 149
13.2.1 COMPANY WEBSITE 150
13.2.2 E-COMMERCE WEBSITE 150
13.3 INDIRECT CHANNEL 150
13.3.1 RETAILER 151
13.3.2 DISTRIBUTER 151
13.3.3 OTHERS 151
14 ASIA-PACIFIC PERSONAL WATERCRAFT MARKET, BY END-USER 152
14.1 OVERVIEW 153
14.2 RENTAL 154
14.3 INDIVIDUAL 155
14.4 GOVERNMENT 156
15 ASIA-PACIFIC PERSONAL WATERCRAFT MARKET, BY REGION 157
15.1 ASIA-PACIFIC 158
15.1.1 CHINA 169
15.1.2 JAPAN 175
15.1.3 SOUTH KOREA 181
15.1.4 AUSTRALIA 187
15.1.5 INDIA 193
15.1.6 SINGAPORE 198
15.1.7 MALAYSIA 204
15.1.8 THAILAND 210
15.1.9 INDONESIA 215
15.1.10 PHILIPPINES 220
15.1.11 NEW ZEALAND 226
15.1.12 VIETNAM 231
15.1.13 TAIWAN 236
15.1.14 REST OF ASIA-PACIFIC 241
16 ASIA-PACIFIC PERSONAL WATERCRAFT MARKET, COMPANY LANDSCAPE 242
16.1 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 242
17 SWOT ANALYSIS 243
18 COMPANY PROFILE 244
18.1 BRP 244
18.1.1 COMPANY SNAPSHOT 244
18.1.2 REVENUE ANALYSIS 244
18.1.3 COMPANY SHARE ANALYSIS 245
18.1.4 PRODUCT PORTFOLIO 245
18.1.5 RECENT DEVELOPMENTS 245
18.2 KAWASAKI HEAVY INDUSTRIES, LTD. 247
18.2.1 COMPANY SNAPSHOT 247
18.2.2 REVENUE ANALYSIS 247
18.2.3 COMPANY SHARE ANALYSIS 248
18.2.4 PRODUCT PORTFOLIO 248
18.2.5 RECENT DEVELOPMENT 248
18.3 YAMAHA MOTOR CO., LTD. 249
18.3.1 COMPANY SNAPSHOT 249
18.3.2 REVENUE ANALYSIS 249
18.3.3 COMPANY SHARE ANALYSIS 250
18.3.4 PRODUCT PORTFOLIO 250
18.3.5 RECENT DEVELOPMENT 250
18.4 JIUJIANG HISON MOTOR BOAT MANUFACTURING CO., LTD 251
18.4.1 COMPANY SNAPSHOT 251
18.4.2 COMPANY SHARE ANALYSIS 251
18.4.3 PRODUCT PORTFOLIO 252
18.4.4 RECENT DEVELOPMENT 252
18.5 SHORT BLOCK TECHNOLOGIES, INC. 253
18.5.1 COMPANY SNAPSHOT 253
18.5.2 COMPANY SHARE ANALYSIS 253
18.5.3 PRODUCT PORTFOLIO 254
18.5.4 RECENT DEVELOPMENT 254
18.6 BELASSI GMBH 255
18.6.1 COMPANY SNAPSHOT 255
18.6.2 PRODUCT PORTFOLIO 255
18.6.3 RECENT DEVELOPMENTS 255
18.7 E-DOLPHIN 256
18.7.1 COMPANY SNAPSHOT 256
18.7.2 PRODUCT PORTFOLIO 256
18.7.3 RECENT DEVELOPMENT 256
18.8 GIBBS SPORTS AMPHIBIANS, INC. 257
18.8.1 COMPANY SNAPSHOT 257
18.8.2 PRODUCT PORTFOLIO 257
18.8.3 RECENT DEVELOPMENT 257
18.9 KRASH INDUSTRIES 258
18.9.1 COMPANY SNAPSHOT 258
18.9.2 PRODUCT PORTFOLIO 258
18.9.3 RECENT DEVELOPMENT 258
18.10 MACKINNON MARINE TECHNOLOGIES 259
18.10.1 COMPANY SNAPSHOT 259
18.10.2 PRODUCT PORTFOLIO 259
18.10.3 RECENT DEVELOPMENTS 259
18.11 NARKE 260
18.11.1 COMPANY SNAPSHOT 260
18.11.2 PRODUCT PORTFOLIO 260
18.11.3 RECENT DEVELOPMENT 260
18.12 NIKOLA CORPORATION 261
18.12.1 COMPANY SNAPSHOT 261
18.12.2 PRODUCT PORTFOLIO 261
18.12.3 RECENT DEVELOPMENT 261
18.13 PRO WATERCRAFT 262
18.13.1 COMPANY SNAPSHOT 262
18.13.2 PRODUCT PORTFOLIO 262
18.13.3 RECENT DEVELOPMENT 263
18.14 STRAND CRAFT DESIGN LLC. 264
18.14.1 COMPANY SNAPSHOT 264
18.14.2 PRODUCT PORTFOLIO 264
18.14.3 RECENT DEVELOPMENT 264
18.15 TAIGA MOTORS INC. 265
18.15.1 COMPANY SNAPSHOT 265
18.15.2 PRODUCT PORTFOLIO 265
18.15.3 RECENT DEVELOPMENTS 266
18.16 VQ YACHTS 267
18.16.1 COMPANY SNAPSHOT 267
18.16.2 PRODUCT PORTFOLIO 267
18.16.3 RECENT DEVELOPMENT 267
18.17 X SCREAM INC 268
18.17.1 COMPANY SNAPSHOT 268
18.17.2 PRODUCT PORTFOLIO 268
18.17.3 RECENT DEVELOPMENT 268
19 QUESTIONNAIRE 269
20 RELATED REPORTS 273
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