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

Market Overview

of Global Jet Skiing Equipment market:
The latest research study on the global Jet Skiing Equipment market finds that the global Jet Skiing Equipment market reached a value of USD 2614.63 million in 2022. It’s expected that the market will achieve USD 4011.63 million by 2028, exhibiting a CAGR of 7.4% during the forecast period.

Jet skiing is a private water sport, mainly used for popular recreational activities. It's a pleasant sport. Participants don't need any special training before hitting the waves. Almost all water sports, waves hit additional water sports machines. However, in jet skiing, safety is critical, so participants must use life jackets, helmet and other equipment before starting.

Market Opportunities and Driver
With the promotion of the Olympic Games and national fitness for skiing, more and more people have joined the skiing sports. The upsurge of skiing sports drives the demand for skiing equipment, which can better protect people from injury in skiing.

Big brand companies provide customized services to better meet customer needs and provide better skiing equipment. In addition, manufacturers are strengthening their distribution channels to increase sales. To a certain extent, this has led to the rise of skiing equipment market.

For example, China, Japan are developing their industries, with the progress of economy and technology, the increasing demand of downstream, such as the increase of water sport industry, the market of Jet Skiing Equipment has great market potential in the future.

Market Challenges
For the upstream of the skiing equipment industry, the change of raw material price affects the increase of the manufacturing cost of jet skiing equipment in the manufacturing process, which leads to the high selling price. For the middle stream, with the growing number of jet skiing enthusiasts, the number of companies entering the jet skiing equipment market is increasing. The market competition incentive is difficult for new entrants to compete with large brands, and for the downstream. Although more and more people like jet skiing, and it is still a high-risk sport. Non-standard protective measures lead to rising mortality.

Region Overview:
From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:
The top three companies are Yahama Motors, BRP Inc. and Kawasaki Motors with the revenue market share of 36.07%, 33.33% and 6.66% in 2018.

Yamaha Motor Co., Ltd., together with its subsidiaries, develops, produces, and sells motorcycles, marine products, power products, and industrial machinery and robots, and other products in Japan, North America, Europe, other Asian countries, and internationally. It offers commuter vehicles; recreational vehicles comprising allterrain vehicles, off-highway vehicles, and snowmobiles; and cruising, fishing, and wakeboard towing boats. The company also provides marine engines comprises outboard motors; personal watercrafts; electrically power assisted bicycles; automobile engines; unmanned helicopters; and golf and land cars. In addition, it offers power products, which include generators, multipurpose engines, and snow throwers; school pools; intelligent machinery, such as industrial robots and surface mounters; electric power units for wheelchairs, assist type electric power units, and lightweight electric wheelchairs; and parts and accessories.

RP Inc., together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles and propulsion systems worldwide. The company offers all-terrain, sideby-side, and spyder vehicles; seasonal products consisting of snowmobiles and personal watercraft; and propulsion systems comprising engines for outboard and jet boats, karts, motorcycles, and recreational aircrafts. It sells its products through a network of independent dealers and distributors, as well as to original equipment manufacturers under the Can-Am, Ski-Doo, Lynx, SeaDoo, Evinrude, and Rotax brand names. The company also provides parts, accessories, and clothing, as well as other services.

Segmentation Overview:
Among different product types, PWCs segment is anticipated to contribute the largest market share in 2028.

Application Overview:
By application, the Online Retail segment occupied the biggest share from 2018 to 2022.

The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Jet Skiing Equipment market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Research Scope
This report provides an overview of the global Jet Skiing Equipment market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Jet Skiing Equipment and its sub-markets in an intuitive way.

Key Companies in the global Jet Skiing Equipment market covered in Chapter 3:
Yahama Motors
Dongguan Eyson Lifesaving Equipment
Boardriders Inc.
Quadrofoil
BRP Inc.
Jettribe
Kawasaki Motors
Jetpilot
Cressi
O'Brien

In Chapter 4 and Chapter 14.2, on the basis of types, the Jet Skiing Equipment market from 2018 to 2029 is primarily split into:
Protective Gear
PWCs
Clothing
Other

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Jet Skiing Equipment market from 2018 to 2029 covers:
Sporting Goods Retailers
Supermarkets
Online Retail
Other

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)

Key Factors Considered

COVID-19
Amid the COVID-19 crisis, the Jet Skiing Equipment market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.

Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

Chapter Outline

Chapter 1 starts the report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.

Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.

Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.

Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.

Chapter 5 segments the market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.

Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.

Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.

Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.

Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented.

Chapter 14 forecasts the future trend of the market not only as a whole but also from the perspective of all segments.

Years considered for this report:

Historical Years:

2018-2022

Base Year:

2022

Estimated Year:

2023

Forecast Period:

2023-2029

Frequently Asked Questions