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Global Jet Skiing Equipment Market 2017-2021

Global Jet Skiing Equipment Market 2017-2021

About Jet Skiing Equipment

Jet skiing is a popular recreational activity as it is immensely enjoyable and participants require no special training before hitting the waves. As with most water-based sports, there is more to hitting the waves than simply leaping onto the machine. In jet skiing safety is of paramount importance, and therefore, the participants should consider using life jackets and other equipment before getting started. Jet ski is the activity of riding a shallow-draft and highly maneuverable, water-jet-propelled, aquatic craft. It is also known as personal watercraft and is one of the quickest and easiest ways to get that adrenaline buzz on water. Jet skiing can be done on both inland and coastal waters and either sitting or standing depending on the type of craft.

Technavio’s analysts forecast the global jet skiing equipment market to grow at a CAGR of 12.12% during the period 2017-2021.Covered in this report

The report covers the present scenario and the growth prospects of the global jet skiing equipment market for 2017-2021. To calculate the market size, the report analyses business dimensions with an eye on individual growth trends and contribution of upcoming market segments

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • Europe
  • ROW
Technavio's report, Global Jet Skiing Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Dongguan Eyson Lifesaving Equipment
  • Jettribe
  • Kawasaki Motors
  • O’Brien
  • Sea-Doo
  • Yamaha Motor
Other prominent vendors
  • BELLASI
  • Billabong
  • BODY GLOVE
  • BomBoard
  • Cressi
  • Dive Rite
  • Jetpilot
  • Quadrofoil
  • Rave Sports
Market driver
  • Increasing number of water sporting facilities worldwide.
  • For a full, detailed list, view our report
Market challenge
  • Consumer shift to jet ski equipment rentals.
  • For a full, detailed list, view our report
Market trend
  • Increase in the number of female participation in water sports.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Jet Skiing Equipment Market 2017-2021

Technavio recognizes the following companies as the key players in the Global Jet Skiing Equipment Market: Dongguan Eyson Lifesaving Equipment, Jettribe, Kawasaki Motors, O’Brien, Sea-Doo, and Yamaha Motor.

Other Prominent Vendors in the market are: BELLASI, Billabong, BODY GLOVE, BomBoard, Cressi, Dive Rite, Jetpilot, Quadrofoil, and Rave Sports.

Commenting on the report, an analyst from Technavio’s team said: “One trend in market is advent of technological innovations. A rise in the launch of innovative water sports equipment including jet skiing equipment is expected to contribute to the growth of the market during the forecast period. The key competitors in the market are innovating their products in terms of design, color, shape, and weight to meet the needs of individual consumers. The demand for water sports equipment is increasing as the number of beginners transitioning to seasoned recreational water sports enthusiasts is rising. Thus, many water sports equipment manufacturers are launching new lightweight and advanced equipment to cater to their requirements. The jet skiing industry is one of those industries that is witnessing many advancements in technology since its inception.”

According to the report, one driver in market is growth in soft adventure sports enthusiasts. In 2016, a growing number of sports enthusiasts showed interest in alternative physical activities like outdoor and adventure sports including backpacking, scuba diving, rafting, snorkeling, stand-up paddle boarding, wakeboarding, jet skiing, and leaf peeping. This growth is mainly because of the increased participation of health-conscious people who prefer to stay fit and healthy. The popularity of such activities is owed to the need for leisure with increasing hectic lifestyle of today's global population, especially in urban areas. On a global scale, the need for leisure is especially evident among people who fall under the age bracket of 25-44 years. For instance, in 2016, over 56% of the US population who participated in such outdoor activities belonged to this age group.

Further, the report states that one challenge in market is consumer shift to jet ski equipment rentals. High costs of jet skiing equipment are leading to an increase in preference for rented equipment. PWCs and the related protective gears are high priced, and this associated price with jet skiing tends to restrict potential market growth, especially among people engaging in jet skiing as a recreational activity. The total average cost of quality PWCs and protective gears are more than $7,000; however, PWCs and protective gears are available for rent for just $200 and $15, respectively, for two hours. This high cost of new PWCs and protective gears offered by global competitors results in a significant challenge to the renowned global jet skiing equipment market. This is because of most of the end-users, especially in the developing regions, are reluctant to use such high-priced equipment, which, in turn, affects the revenue of the global jet skiing equipment market. Moreover, casual jet skiing enthusiasts tend to rent above-mentioned equipment rather than buying it, which further hampers the growth. Southern California Jet Skis is one of the sites that sell these products on rent. On this website, the equipment is available at a very low price than the price of the new ones.

Companies Mentioned

Dongguan Eyson Lifesaving Equipment, Jettribe, Kawasaki Motors, O’Brien, Sea-Doo, Yamaha Motor, BELLASI, Billabong, BODY GLOVE, BomBoard, Cressi, Dive Rite, Jetpilot, Quadrofoil, Rave Sports.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
  • Market landscape
    • Global water sports equipment market: Overview
      • Table Global water sports equipment market scenario 2016
      • Table Global water sports equipment market: Segmentation by sports type
      • Table Global water sports equipment market: By revenue 2016-2021 ($ billions)
    • Global on-the-water sports equipment market
      • Table Global on-the-water sports equipment market: By revenue 2016-2021 ($ billions)
    • Global jet skiing equipment market
      • Table Global jet skiing equipment market: By revenue 2016-2021 ($ billions)
    • Five forces analysis
      • Table Global jet skiing equipment market: Five forces analysis
    • PESTLE analysis
      • Table Global jet skiing equipment market: PESTLE analysis
  • Market segmentation by product
    • Global jet skiing equipment market by product segmentation
      • Table Global jet skiing equipment market: Product segmentation by revenue in 2016 and 2021
    • Global jet skiing PWCs market
      • Table Global jet skiing PWCs market: By revenue 2016-2021 ($ billions)
    • Global jet skiing protective gear market
      • Table Global jet skiing protective gear market: By revenue 2016-2021 ($ millions)
    • Global jet skiing clothing market
      • Table Global jet skiing clothing market: By revenue 2016-2021 ($ millions)
    • Global jet skiing telescoping paddle market
      • Table Global jet skiing telescoping paddle market: By revenue 2016-2021 ($ millions)
    • Global jet skiing other accessories market
      • Table Global jet skiing other accessories market: By revenue 2016-2021 ($ millions)
  • Market segmentation by distribution channel
    • Global jet skiing equipment market by distribution channel
      • Table Global jet skiing equipment market: Distribution channel segmentation
      • Table Global jet skiing equipment market: Distribution channel segmentation by revenue 2016 and 2021 ($ millions)
      • Table Global jet skiing equipment market: Analysis of distribution channel based on key parameters 2016
  • Geographical segmentation
    • Global jet skiing equipment market by geographical segmentation
      • Table Global jet skiing equipment market: Geographical segmentation by revenue in 2016 and 2021
    • Jet skiing equipment market in Americas
      • Table Jet skiing equipment market in the Americas: By revenue 2016-2021 ($ billions)
    • Jet skiing equipment market in Europe
      • Table Jet skiing equipment market in Europe: By revenue 2016-2021 ($ millions)
    • Jet skiing equipment market in APAC
      • Table Jet skiing equipment market in APAC: By revenue 2016-2021 ($ millions)
    • Jet skiing equipment market in ROW
      • Table Jet skiing equipment market in ROW: By revenue 2016-2021 ($ millions)
  • Key leading countries
    • Table Global jet skiing equipment market: Key leading countries by revenue 2016
    • Jet skiing equipment market in the US
      • Table Jet skiing equipment market in the US: By revenue 2016-2021 ($ millions)
    • Jet skiing equipment market in Italy
      • Table Jet skiing equipment market in Italy: By revenue 2016-2021 ($ millions)
    • Jet skiing equipment market in Canada
      • Table Jet skiing equipment market in Canada: By revenue 2016-2021 ($ millions)
    • Jet skiing equipment market in Spain
      • Table Jet skiing equipment market in Spain: By revenue 2016-2021 ($ millions)
    • Jet skiing equipment market in China
      • Table Jet skiing equipment market in China: By revenue 2016-2021 ($ millions)
  • Market drivers
    • Rise in popularity and adoption of jet skiing
    • Growth in soft adventure sports enthusiasts
    • Increasing number of water sporting facilities worldwide
    • Introduction of eco-friendly jet skiing equipment
  • Impact of drivers
    • Table Global jet skiing equipment market: Impact of drivers
  • Market challenges
    • High degree of accidental risks
    • Consumer shift to jet ski equipment rentals
    • Unfavorable weather conditions
      • Table Uncertain weather conditions and their adverse effects
    • High flexibility in raw material prices
  • Impact of drivers and challenges
    • Table Global jet skiing equipment market: Impact of drivers and challenges
  • Market trends
    • Debut of World Beach Games in 2017
    • Advent of technological innovations
    • Increase in the number of female participation in water sports
    • More preference to fitness due to changing lifestyle
  • Competitor landscape
    • Competitive landscape
      • Table Global jet skiing equipment market: Key competitors
      • Table Global jet skiing equipment market: Key competitors' analysis based on key parameters
      • Table Global jet skiing equipment market: Competitive analysis of market competitors
  • Key competitor analysis
    • Dongguan Eyson Lifesaving Equipment
      • Table Dongguan Eyson Lifesaving Equipment: Product overview
    • Jettribe
      • Table Jettribe: Product overview
    • Kawasaki Motors
      • Table Kawasaki Motors: Segmentation by net sales in 2015
    • O'Brien
      • Table O'Brien: Product overview
    • Sea-Doo
      • Table See Doo: Recent highlights
    • Yamaha Motor
      • Table Yamaha Motor: Product overview
      • Table Yamaha Motor: Recent highlights
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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