PERSONAL WATERCRAFT MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In January 2024, Searider, a Monaco-based startup focusing on innovative marine solutions, launched its all-electric personal watercrafts, the Searacer and Seacruiser. These zero-emission watercrafts are inspired by motorcycle and Vespa-style designs, showcasing a modern aesthetic and commitment to sustainability.
• In June 2023, Float On, an Austin-based boat rental company, established itself as an official Taiga Service Provider (TSP), enabling Taiga to introduce sustainable water exploration to the state of Texas
• In August 2023, Yamaha Watercraft Group, a prominent manufacturer of personal watercraft, launched its new ‘four-stroke SuperJet’, a personal watercraft featuring advanced capabilities. This revamped model is designed to deliver enhanced performance and stability for riders.
• In May 2023, BRP Inc. (Bombardier Recreational Products), a global leader in powersports products, received recognition for design and innovation in its Sea-Doo lineup. This acknowledgment enhances consumer trust and attracts new customers, reflecting the company's commitment to excellence in the personal watercraft market.
• In February 2023, Kawasaki Motors, Ltd., a leading manufacturer of motorcycles and personal watercraft, launched its 2023 series of jet skis, including the Jet Ski Ultra 160LX and Jet Ski Ultra 160LX-S. These models are equipped with features such as smart reverse, accent lights, a rearview camera, easy access storage and pockets, and integrated audio systems, all designed to enhance performance, comfort, and luxury styling.