Middle East and Africa Personal Watercraft Market Size, Growth 4.85%, Industry Analysis, Trends, Major Players and Forecast 2022-2030

The data, information, statistics, facts and figures covered in the significant Middle East and Africa Personal Watercraft Market report lends a hand to THIS industry in maximizing or minimizing the production of goods depending on the conditions of demand. Unsurpassed and well established tools and techniques such as SWOT analysis and Porter's Five Forces analysis have been used in the whole report for the purpose of forecasting, analysis and estimations. The estimations of CAGR 4.85% values are quite significant which aids businesses to decide upon the investment value over the time period. Thus, the transparent, consistent and extensive market information of Image Recognition in Consumer Packaged Goods (C.P.G.)business report will definitely develop the business and perks up return on investment (ROI).

Middle East and Africa Personal Watercraft Market Marketing report puts light on several factors such as market size in various countries around the world, projected CAGR of the market to grow in the forecast period 2022-2029, base year calculated in the report, key factors driving the market, most influencing segment growing in the market, top companies that hold the market share in the market, region to provide more business opportunities in the coming years and more. This business document delivers the best analytics through exhaustive research methodologies. A detailed qualitative analysis of the factors responsible for driving and restraining growth of the market opportunities have also been discussed in the realistic Middle East and Africa Personal Watercraft Market report.

In a global economy, a significant change in the industry makes it essential for professionals to keep themselves updated with the recent market situations. Middle East and Africa Personal Watercraft Market research report aims of helping them to take prominent decisions. Such report not only guides to different individuals, industries, associations, and organizations but also to management consultants, investment bankers, distributors, suppliers, and regulatory authorities. With the market size and forecast determination efforts, an extensive secondary research was initially completed to gain a good perspective of the market in each region. Several secondary sources such as encyclopedia, directories, and databases have been used to identify and collect information useful for this extensive techno-commercial study.

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Key Players Mentioned in the Middle East and Africa Personal Watercraft market Research Report:

BRP
Yamaha Motor Co., Ltd.
Kawasaki Heavy Industries, Ltd.
NARKE
Gibbs Sports Amphibians, Inc.
BELASSI GmbH
X Scream Inc
Mackinnon Marine Technologies
VQ yachts
Krash Industries
Nikola Corporation
Strand Craft Design LLC.
E-DOLPHIN
Jiujiang Hison Motor Boat Manufacturing Co., Ltd
Pro Watercraft
Short Block Technologies, Inc.
TAIGA MOTORS INC.
Middle East and Africa Personal Watercraft Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail below:

Drivers

Rapid growth in surface water sports championships and events

People across the globe have gained importance for such sports, which has further resulted in organizing many local and regional championships and events. Personal watercraft events and championships have been conducted every month in one or the other region or country. This has been clear that there is a rise in such events and sports activities, which has helped to drive the sales of the PWC across the globe.

Increase in the number of adventure sports participation                     

Sports involve multiple motivations such as goal achievement, risk-taking, social motivation, escape from boredom, pushing personal boundaries, overcoming fear, and connection with the natural environment. Moreover, adventure sports experience the near-death experience, which helps accelerate the adrenaline and provides health benefits. This has helped to motivate people across the globe to adopt adventure sports. People across the globe are willing to adopt adventure sports due to various health benefits. This will help to increase interest in water sports activities. In accordance, this will help to drive the market.

Opportunity

Increase in recognition of water sports in international sports

People across the globe and most countries are participating in international championships. This has created a demand for such adventurous water sports. The rise in demand for such sports will boost the sales of sports equipment and gear. Thus, an increase in recognition of water sports in international sports will attract people to adopt such sports and thus provide a great opportunity for market growth.

Restraint/Challenge

High costs associated with personal watercrafts

The personal watercraft costs are very high in terms of owning the jet skis. Moreover, it includes various costs such as maintenance, fuel, and many others. These factors will add up the expenses, which are expected to restrain the personal watercraft market.

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Middle East and Africa Personal Watercraft market Regional Analysis:

North America: (United States, Canada, Europe, Germany, France, U.K., Italy, Russia)

Asia-Pacific: (China, Japan, South Korea, Australia, Taiwan, Indonesia, Thailand, Malaysia)

Latin America: (Mexico, Brazil, Argentina, Colombia)

Middle East & Africa: (Turkey, Saudi Arabia, UAE)

Market Key Benefits over Competitors:

The report provides a qualitative and quantitative analysis of the Middle East and Africa Personal Watercraft market trends, forecasts, and market size to determine new opportunities.
Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
Top impacting factors & major investment pockets are highlighted in the research.
The major countries in each region are analysed and their revenue contribution is mentioned.
The market player positioning segment provides an understanding of the current position of the market players active in the Middle East and Africa Personal Watercraft industry.

Based on the Middle East and Africa Personal Watercraft Industry Market Segmentations:

TYPE

SIT-DOWN MODEL
STAND-UP MODEL

On the basis of type, the Middle East and Africa personal watercraft market is segmented into sit-down model and stand-up model.

COMPONENTS

ENGINE
DRIVE SHIFT
INTAKE GRATE
IMPELLER
STEERING NOZZLE
STEERING CONTROL
SPEEDOMETER
SAFETY SWITCH
OTHERS

On the basis of components, the Middle East and Africa personal watercraft market is segmented into engine, drive shift, intake grate, impeller, steering nozzle, steering control, speedometer, safety switch and others.

PROPULSION TYPE

IC ENGINES
ELECTRIC

On the basis of propulsion type, the Middle East and Africa personal watercraft market is segmented into IC engines and electric.

HULL TYPE

PLASTIC
COMPOSITE

On the basis of hull type, the Middle East and Africa personal watercraft market is segmented into plastic and composite.

FUNCTIONALITY

ACCESSORY PACKAGE
AUTO TRIM
CONNEXT SCREEN
CUSTOM-TUNED ELECTRIC TRIM
FOOT CHOCKS
OPTIONAL AUDIO SPEAKERS
RIDE
OTHERS

On the basis of functionality, the Middle East and Africa personal watercraft market is segmented into accessory package, auto trim, connext screen, custom-tuned electric TRIM, foot chocks, optional audio speakers, ride and others.

SERIES

REC LITE
RECREATION
FREESTYLE
PERFORMANCE
LUXURY

On the basis of the series, the Middle East and Africa personal watercraft market is segmented into REC lite, recreation, freestyle, performance and luxury.

SEAT MODEL

DOUBLE
SINGLE
TRIPLE
OTHERS

On the basis of the seat model, the Middle East and Africa personal watercraft market is segmented into double, single, triple and others.

DISTRIBUTION CHANNEL

DIRECT CHANNEL
INDIRECT CHANNEL

On the basis of distribution channel, the Middle East and Africa personal watercraft market is segmented into direct channel and indirect channel.

END-USER

RENTAL
INDIVIDUAL
GOVERNMENT

On the basis of end-user, the Middle East and Africa personal watercraft market is segmented into rental, individual and government.

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Recent Developments

In October 2021, BRP announced that the company had been recognized as Good Design Japan for design and innovations related to Sea-Doo. This recognition has ensured trust in the products and attracted new customers to accelerate revenue growth for the company.
In November 2018, Kawasaki Heavy Industries, Ltd. announced an investment of USD 3 million in Motorcycle Mechanics Institute (MMI) education. This will include the development of personal watercraft models and help to support the training programs, which has further helped to accelerate the sales of personal watercraft.

 Table of Contents

Report Overview: It includes major players of the Middle East and Africa Personal Watercraft market covered in the research study, research scope, and Market segments by type, market segments by application, years considered for the research study, and objectives of the report.

 Growth Trends: This section focuses on industry trends where market drivers and top market trends are shed light upon. It also provides growth rates of key producers operating in the Middle East and Africa Personal Watercraft market. Furthermore, it offers production and capacity analysis where marketing pricing trends, capacity, production, and production value of the Middle East and Africa Personal Watercraft market are discussed.

Market Share by Manufacturers: Here, the report provides details about revenue by manufacturers, production and capacity by manufacturers, price by manufacturers, expansion plans, mergers and acquisitions, and products, market entry dates, distribution, and market areas of key manufacturers.

Market Size by Type: This section concentrates on product type segments where production value market share, price, and production market share by product type are discussed.

Market Size by Application: Besides an overview of the Middle East and Africa Personal Watercraft market by application, it gives a study on the consumption in the Middle East and Africa Personal Watercraft market by application.

Production by Region: Here, the production value growth rate, production growth rate, import and export, and key players of each regional market are provided.

Consumption by Region: This section provides information on the consumption in each regional market studied in the report. The consumption is discussed on the basis of country, application, and product type.

Company Profiles: Almost all leading players of the Middle East and Africa Personal Watercraft market are profiled in this section. The analysts have provided information about their recent developments in the Middle East and Africa Personal Watercraft market, products, revenue, production, business, and company.

Market Forecast by Production: The production and production value forecasts included in this section are for the Middle East and Africa Personal Watercraft market as well as for key regional markets.

Market Forecast by Consumption: The consumption and consumption value forecasts included in this section are for the Middle East and Africa Personal Watercraft market as well as for key regional markets.

Value Chain and Sales Analysis: It deeply analyzes customers, distributors, sales channels, and value chain of the Middle East and Africa Personal Watercraft market.

Key Findings: This section gives a quick look at important findings of the research study.

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