Japan Electric Stand-up Paddle-board Market was valued at USD 0.15 Billion in 2022 and is projected to reach USD 0.45 Billion by 2030, growing at a CAGR of 14.8% from 2024 to 2030.
The Electric Stand-Up Paddle-Board Market Has Witnessed Remarkable Growth, Attracting Water Sports Enthusiasts Seeking A More Effortless Way To Glide Through The Water. Unlike Traditional Paddle Boards, Which Require Physical Effort, Electric-Powered Boards Come With Built-In Motors That Provide Propulsion, Making It Easier For Users To Navigate Across Lakes, Rivers, And Oceans With Minimal Physical Exertion. The Innovation Behind These Electric Boards Is Transforming The Paddleboarding Experience, Opening Doors To People Of Various Ages And Skill Levels To Enjoy Water Sports.
One Of The Key Drivers Behind This Growing Interest Is The Convenience That Electric Paddle Boards Offer. With Speeds Reaching Up To 20 Mph, These Boards Are Not Only Faster But Also Allow Paddlers To Cover Greater Distances Without Tiring. Whether You'Re A Beginner Or An Experienced Paddler, Electric Boards Offer An Accessible Entry Point Into The Sport And The Ability To Explore New Locations Without The Hassle Of Paddling For Long Hours.
From A Market Perspective, The Electric Stand-Up Paddle-Board Industry Is On The Rise Due To The Growing Demand For Alternative Watercrafts And The Rise In Outdoor Recreational Activities. In 2023, The Global Market Was Valued At Over $100 Million, And It Is Projected To Grow At A Compound Annual Growth Rate (Cagr) Of More Than 10% Over The Next Decade. Key Players In The Industry Are Capitalizing On The Potential By Offering A Variety Of Designs, Sizes, And Power Options, Catering To A Wide Range Of Consumer Preferences.
The Appeal Of Electric Paddle Boards Extends Beyond Just Their Convenience. They Also Cater To Environmentally Conscious Consumers. As These Boards Are Powered By Batteries, They Provide A More Eco-Friendly Option Compared To Gasoline-Powered Boats Or Jet Skis. The Introduction Of Lithium-Ion Batteries, In Particular, Has Improved The Performance And Efficiency Of These Boards, Making Them More Reliable And Reducing The Overall Environmental Impact Of Water Sports.
As The Market Evolves, More Brands Are Innovating To Enhance Performance, Incorporating Technology Such As Gps, Remote Controls, And Mobile Apps To Offer A Smarter And More Customizable Experience. From Novice Paddleboarders To Thrill-Seekers, Electric Paddle Boards Are Becoming An Exciting And Sustainable Option For Exploring Waterways.
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Electric Stand-Up Paddle-Board Market
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CabraTec
Sipaboards
Next Blue Tech
Takuma
Flite Board
Tahe Outdoors
Fujian ONESUN Sports Technology
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 Stand-up Paddle-board Market
Adult
Child
Based on Types the Market is categorized into Below types that held the largest Electric Stand-up Paddle-board market share In 2023.
Inflatable Board
Solid Board
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 Stand-up Paddle-board 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 Stand-up Paddle-board Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Electric Stand-up Paddle-board Market, By Type
6. Global Electric Stand-up Paddle-board Market, By Application
7. Global Electric Stand-up Paddle-board Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Electric Stand-up Paddle-board Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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