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Personal Watercraft Market is Booming At a highest CAGR through 2022 | Top Players - BRP Inc.,Yahama Motors Co., Ltd.,Kawasaki Motors Corp.
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Personal watercraft market demand will continue to rise among law enforcement agencies like the marine or water police because to the growing requirement for safety and security among those who participate in watersports. Sales of personal watercraft are also predicted to increase globally due to rising demand for patrolling the water to protect the safety of watersports enthusiasts. These elements will continue to support the expansion of the personal watercraft sector on a global scale.
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Product Innovation to Impact Global Market Growth
Major companies are mainly focusing on product innovation and development in order to gain a competitive edge over the other market players. However, small companies are catering to the demands of the personal watercraft at a local level, due to which these players are mainly offering their products to a small section of the population.
In addition, the manufacturing companies operating in the global are further focusing on incorporating advanced technological features such as GPS and sensors. Bound to these factors, growth of the global personal watercraft market is expected to witness significant growth.
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Market Taxonomy: (Personal Watercraft Market)
Personal Watercraft Market By Region
North America
Latin America
Europe
Japan
APEJ
MEA
Personal Watercraft Market By Product Type
Stand Up
One Seater
Two Seater
Three Seater
Personal Watercraft Market By Engine Displacement
Below 800 CC
800-1000 CC
1000-1500 CC
Above 1500 CC
Personal Watercraft Market By Sales Channel
Independent Dealers
Brand Authorized Dealers
Brand Owned E-commerce
Third Party E-commerce
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The Consumer Goods team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs by offering expert analysis, actionable insights, and strategic recommendations. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the consumer goods industry lucidly in 50+ countries for over a decade. We provide end-to-end research and consulting services; reach out to explore how we can help.
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