American jet skiing equipment market, APAC jet ski equipment market-Ken Research

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Global Jet Ski Equipment is Expected To Reach USD
4530 Million by 2022 Owing to Rise in Popularity
of Jet Skiing as a Sport and Increase in Jet
Skiing Championships Tournaments Worldwide Ken
Research Industry Analysis
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The report provides a comprehensive analysis of
Global Jet ski Equipment market introduction,
market size, value chain and market segmentations
by Equipments (PWCs, Protective Gear, Clothing,
Telescoping Paddle and Other Accessories), by
Region (Americas, Europe, APAC MEA), by New
Existing Demand and by Distribution Channel
(Company Stores and Specialty Stores, Online,
Hypermarkets, Department Stores Supermarkets
and Others). The report extensively covers
competition scenario, market share and
competitive landscape of major players including
sea-Doo, Dongguan Eyson Lifesaving Equipment,
Jettribe, OBrien, Yamaha and Kawasaki, SWOT
analysis and analyst recommendations. Analysts
at Ken Research in their latest publication
Global Jet Ski Equipment Market by Equipments
(PWCs, Protective Gear, Clothing, Telescoping
Paddle and Other Accessories), by Region
(Americas, Europe, APAC MEA), by New Existing
Demand and by Distribution Channel (Company
Stores and Specialty Stores, Hypermarkets,
Department Stores Supermarkets, Online and
Others) - Outlook to 2022 have anticipated that
owing to the sustained efforts towards better
brand product marketing by rafting equipment
manufacturers and rising popularity of rafting as
a professional sport in different regions will
aid the global jet ski equipment market. Rise in
technological advancements innovations by
leading market players have led to the evolution
of this sport into a much safer and controlled
event. Technologies like iBR, iTC, speed-limiting
systems and engine enhancement are being adopted,
contributing in making the sport more people
friendly. This has and shall continue to attract
major recreational as well as professional
audience.
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US is the market leader in terms of manufacturing
and consumption demand of jet ski equipments
worldwide. Major players operating in the region
include Sea-doo, Kawasaki, Yamaha Motors and
Jettribe. These players would dominate the
competition landscape even in the forecast period
due to higher investments done towards new
product launches and brand marketing
activities. Owing to the rising popularity of
the sport and its inclusion in various worldwide
sporting events most notably in the recently
concluded Asian Games 2018, the popularity of the
sport is set to rise. Supported by the growing
popularity of the jet skiing as a sport and
rising awareness among people regarding the
health benefits associated with jet skiing, the
global Jet Ski equipment market is expected grow
at a CAGR of close to 12 during the forecast
period 2018E-2022E. The presence of large number
of water bodies across the world would be prime
sites for jet skiing activities in future. The
market is expected to be dominated by the regions
including Americas Europe owing to growing
participation rates and health concerns. In the
recent years the APAC region is also witnessing
an increase in the participation rates. The
rising interest in recreational activities is
expected to drive the market forward. Moreover,
major manufacturers usually release new products
in their niche markets, which usually comprises
of countries such as the US, Canada, Italy, Spain
and others.
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With the passage of time, more people have been
opting for jet skiing professionally. This has
given rise to increase in the number of Jet Ski
championships and tournaments. Americas has been
a major hotspot for such events. For instance,
the P1 Aqua X Championships is the most important
rafting competition in the Americas and Europe.
The International Jet Sports Boating Association
(IJSBA) oversees these championships and works in
collaboration with the local governance. These
championships not only help the countries at
selecting its international competitive team, but
have also helped the countries develop proper
infrastructure to help the growth of the sport.
Hence, these events encourage youngsters to opt
for jet skiing as a profession and would thus,
help the market to grow further in the forecast
period. Spreading awareness across the regions
like APAC and MEA regarding water tourism by the
national governments and tourism
operators/boards, would lead to an increase in
the inbound tourism rates. These inflating
tourism rates shall be a major positive
influencing factor for growth in the rafting
equipment market. Various countries including
Japan, Thailand, UAE, Kenya, South Africa,
Cambodia and Indonesia have excellent jet skiing
sites. With rise in tourism, rental stores
supplying jet skiing equipments and jet skiing
camps would further mushroom. High cost of the
PWCs is expected to raise the preference for
rentals during the forecast period. The rental
stores are expected to gain popularity among the
people as they offer additional services like
professional advice in choosing the PWCs for the
customers. This may attract the amateur customers
who do not frequently engage in jet skiing.
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For more information on the research report,
refer to below link https//www.kenresearch.com/c
onsumer-products-and-retail/sporting-equipments/gl
obal-jet-ski-equipment-market/149542-95.html   Rel
ated Reports https//www.kenresearch.com/consumer
-products-and-retail/sporting-equipments/global-ra
fting-equipment-market/149103-95.html The report
provides a comprehensive analysis of global
rafting market introduction, market size and
market segmentation by Equipments (Protective
Rafting Gear, Rafting Accessories Inflatable
Rafting Boats), by Region (Americas, Europe, APAC
MEA), by New Existing Demand, by Distribution
Channel (Company Stores and Specialty Stores,
Online, Hypermarkets, Department Stores
Supermarkets and Others) and by Equipment
Price.   https//www.kenresearch.com/consumer-prod
ucts-and-retail/sporting-equipments/global-surfing
-equipment-market/149478-95.html The report
covers introduction, value chain and market size
on the basis of consumer expenditure, market
segmentation by Equipments (Surf Board and Surf
Gear Accessories), by Region (Americas, Europe,
APAC MEA), by New Existing Demand and by
Distribution Channel (Company Stores and
Specialty Stores, Online, Hypermarkets and
Others).
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91-9015378249
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