Electric JetBoards Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 4.3 Billion by 2030, growing at a CAGR of 16.8% from 2024 to 2030.
The global Electric JetBoards market was valued at approximately USD 18.2 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 12.7% during the forecast period from 2023 to 2030. This growth is driven by increasing consumer interest in water sports, along with advancements in battery technology that enhance performance and sustainability. Electric jetboards, which offer an eco-friendly alternative to traditional fuel-powered watercraft, have seen increasing demand, particularly in regions with a strong focus on tourism and outdoor activities. Key markets for electric jetboards include North America, Europe, and Asia-Pacific, which collectively represent a significant portion of global sales, driven by affluent consumers and a rising interest in recreational water activities.The increasing environmental concerns and stricter emission regulations are also fostering growth opportunities within the electric jetboards market. As more consumers shift towards sustainable recreational options, the demand for electric-powered boards continues to rise. Innovations such as lightweight materials, enhanced battery life, and superior performance capabilities are expected to fuel further market expansion. Additionally, the growth of adventure tourism and leisure activities in emerging markets like the Middle East and Southeast Asia provides potential for market penetration, offering untapped opportunities for manufacturers to expand their reach. The market's upward trajectory is also bolstered by increasing investments in product development and growing awareness of eco-friendly alternatives in water sports.
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Onean
Radinn
Awake
Jetsurf
EWave
Jobe
Lift
MERTEK
OLO BOARDS
Torque
Waydoo
Lampuga
Fliteboard
Mo-Jet
Mako Boardsports
MagicSurf
YuJet
AEDRA
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Electric JetBoards Market
Amateur
Professional Player
Others
Based on Types the Market is categorized into Below types that held the largest Electric JetBoards market share In 2023.
Inflatable
Solid
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Electric JetBoards Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Electric JetBoards Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Electric JetBoards Market, By Type
6. Global Electric JetBoards Market, By Application
7. Global Electric JetBoards Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Electric JetBoards Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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