Market Overview:
The global recreational water riding car market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing popularity of water sports and rising disposable income of consumers across the globe. In terms of type, the one-seater type segment is expected to dominate the market during the forecast period, owing to its low cost and easy portability. However, in terms of revenue share, the two-seater type segment is projected to register a higher CAGR as compared to other segments during 2018-2030.
Product Definition:
Recreational water riding cars are specially designed vehicles that allow people to enjoy a ride on the water. These cars can be used in swimming pools, lakes, and oceans. They are typically very large and can accommodate up to 10 people. Recreational water riding cars are a great way for people to have fun and cool off on a hot day.
One-Seater Type:
One-seater is a device that can be used by an individual to enjoy water riding with no additional passenger. It is also known as personal watercraft or jet ski, it's type of propulsion depends on the engine power and design of the craft. The one-seater market has been growing at a significant rate owing to its increasing demand among people who have just entered into the recreational waters riding activity or those who want to practice but lack proper training and experience.
Two-Seater Type:
The two-seater type is used for water riding cars. It has a seating position in front of the steering wheel and behind the driving seat. The two-seater can be either traditional or modern in design, depending on preference and application.
Traditional ones are designed with permanent seats; whereas modern variants have removable seats that can be washed off after each ride, keeping things clean and dry between uses.
Application Insights:
Riding cars are primarily used for two purposes, namely, touring and racing. The former is considered a more laid-back form of the sport as compared to the latter. Touring involves spending several days in the saddle on open roads while traveling from one place to another. On the other hand, racing is an all-out effort between two competitors or teams of riders with only one objective—to finish first and second respectively.
The others application segment includes waterskiing, wakeboarding and tubing among others which have become increasingly popular across various regions owing to their accessibility and low cost as compared to traditional sports such as skiing or snowboarding.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position throughout the forecast period owing to increasing popularity of water recreational activities, such as wakeboarding and waterskiing. Furthermore, presence of a large number of lakes and rivers in Canada and U.S., which are managed by local authorities for public use, is anticipated to increase awareness regarding availability of these vehicles among buyers over the next eight years.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period due to rising disposable income among middle-class population groups coupled with growing tourism industry in countries like China, Australia, Thailand and India. In addition, government initiatives encouraging tourists from across Asia Pacific region are likely boost product demand further over this period (2018 - 2030).
Growth Factors:
- Increasing disposable income of people: The increasing disposable income of people is one of the major growth drivers for the recreational water riding car market. With the rise in per capita income, there is a shift in consumer spending towards discretionary items such as recreational water vehicles. This is expected to boost the demand for recreational water vehicles in the coming years.
- Growing popularity of aquatic sports: The growing popularity of aquatic sports is another key factor driving the growth of this market. Aquatic sports are gaining immense popularity among all age groups, which is resulting in an increase in demand for recreational water vehicles such as cars and boats.
- Proliferation of adventure tourism: Adventure tourism has been gaining traction over the past few years, with more and more people seeking adventure experiences away from their homes or offices. This has led to an increase in demand for various types of recreation water vehicles that can be used for exploring new places and enjoying different adventures underwater or on land alike..
Scope Of The Report
Report Attributes
Report Details
Report Title
Recreational Water Riding Car Market Research Report
By Type
One-Seater Type, Two-Seater Type, Others
By Application
Touring, Racing, Fishing, Others
By Companies
Hydrobikes, Manta5, Redsharkbikes, SBK ENGINEERING SRL, Schiller, THE WATER BIKE COMPANY, itCreations Corporation Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Recreational Water Riding Car Market Report Segments:
The global Recreational Water Riding Car market is segmented on the basis of:
Types
One-Seater Type, Two-Seater Type, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Touring, Racing, Fishing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hydrobikes
- Manta5
- Redsharkbikes
- SBK ENGINEERING SRL
- Schiller
- THE WATER BIKE COMPANY
- itCreations Corporation Inc
Highlights of The Recreational Water Riding Car Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- One-Seater Type
- Two-Seater Type
- Others
- By Application:
- Touring
- Racing
- Fishing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Recreational Water Riding Car Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Recreational water riding cars are typically small, open-air vehicles that are used for recreation purposes such as fishing, boating, and swimming.
Some of the major companies in the recreational water riding car market are Hydrobikes, Manta5, Redsharkbikes, SBK ENGINEERING SRL, Schiller, THE WATER BIKE COMPANY, itCreations Corporation Inc.
The recreational water riding car market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Recreational Water Riding Car Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Recreational Water Riding Car Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Recreational Water Riding Car Market - Supply Chain
4.5. Global Recreational Water Riding Car Market Forecast
4.5.1. Recreational Water Riding Car Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Recreational Water Riding Car Market Size (000 Units) and Y-o-Y Growth
4.5.3. Recreational Water Riding Car Market Absolute $ Opportunity
5. Global Recreational Water Riding Car Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Recreational Water Riding Car Market Size and Volume Forecast by Type
5.3.1. One-Seater Type
5.3.2. Two-Seater Type
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Recreational Water Riding Car Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Recreational Water Riding Car Market Size and Volume Forecast by Application
6.3.1. Touring
6.3.2. Racing
6.3.3. Fishing
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Recreational Water Riding Car Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Recreational Water Riding Car Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Recreational Water Riding Car Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Recreational Water Riding Car Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Recreational Water Riding Car Demand Share Forecast, 2019-2026
9. North America Recreational Water Riding Car Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Recreational Water Riding Car Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Recreational Water Riding Car Market Size and Volume Forecast by Application
9.4.1. Touring
9.4.2. Racing
9.4.3. Fishing
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Recreational Water Riding Car Market Size and Volume Forecast by Type
9.7.1. One-Seater Type
9.7.2. Two-Seater Type
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Recreational Water Riding Car Demand Share Forecast, 2019-2026
10. Latin America Recreational Water Riding Car Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Recreational Water Riding Car Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Recreational Water Riding Car Market Size and Volume Forecast by Application
10.4.1. Touring
10.4.2. Racing
10.4.3. Fishing
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Recreational Water Riding Car Market Size and Volume Forecast by Type
10.7.1. One-Seater Type
10.7.2. Two-Seater Type
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Recreational Water Riding Car Demand Share Forecast, 2019-2026
11. Europe Recreational Water Riding Car Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Recreational Water Riding Car Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Recreational Water Riding Car Market Size and Volume Forecast by Application
11.4.1. Touring
11.4.2. Racing
11.4.3. Fishing
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Recreational Water Riding Car Market Size and Volume Forecast by Type
11.7.1. One-Seater Type
11.7.2. Two-Seater Type
11.7.3. Others
11.8. asis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Recreational Water Riding Car Demand Share, 2019-2026
12. Asia Pacific Recreational Water Riding Car Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Recreational Water Riding Car Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Recreational Water Riding Car Market Size and Volume Forecast by Application
12.4.1. Touring
12.4.2. Racing
12.4.3. Fishing
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Recreational Water Riding Car Market Size and Volume Forecast by Type
12.7.1. One-Seater Type
12.7.2. Two-Seater Type
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Recreational Water Riding Car Demand Share, 2019-2026
13. Middle East & Africa Recreational Water Riding Car Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Recreational Water Riding Car Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Recreational Water Riding Car Market Size and Volume Forecast by Application
13.4.1. Touring
13.4.2. Racing
13.4.3. Fishing
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Recreational Water Riding Car Market Size and Volume Forecast by Type
13.7.1. One-Seater Type
13.7.2. Two-Seater Type
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Recreational Water Riding Car Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Recreational Water Riding Car Market: Market Share Analysis
14.2. Recreational Water Riding Car Distributors and Customers
14.3. Recreational Water Riding Car Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hydrobikes
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Manta5
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Redsharkbikes
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SBK ENGINEERING SRL
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Schiller
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. THE WATER BIKE COMPANY
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. itCreations Corporation Inc
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook