South Korea PERSONAL WATERCRAFT Market to 2032
Overview
The South Korea PERSONAL WATERCRAFT Market is expected to reach a 117.35 USD Million by 2032 and is projected to grow at a CAGR of 8.04% from 2025 to 2032.
Revenue, 2024 (USD Million)
75.33
Forecast, 2032 (USD Million)
117.35
CAGR, 2024 - 2032
8.04%
Report Coverage
South Korea
South Korea PERSONAL WATERCRAFT Market 2018-2032 USD Million
South Korea PERSONAL WATERCRAFT Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 75.33 USD Million
- Projected Market Size (2032): 117.35 USD Million
- CAGR (2025-2032): 8.04%
Key Findings of South Korea PERSONAL WATERCRAFT Market
- The South Korea PERSONAL WATERCRAFT Market was valued at 75.33 USD Million in 2024.
- The South Korea PERSONAL WATERCRAFT Market is likely to grow at a CAGR of 8.04% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Composite in Hull Type Segment accounted for the largest share of the market with a revenue of 75.33 USD Million
- The fastest growing segment Engine in Components Segment grew Fastest with a CAGR of 12.10% during the forecast period from 2024 to 2032.
South Korea PERSONAL WATERCRAFT Market Scope
South Korea PERSONAL WATERCRAFT Market Segmentation & Scope
Type
- Stand-Up Model
- Sit-Down Model
Components
- Others
- Safety Switch
- Speedometer
- Steering Control
- Steering Nozzle
- Impeller
- Intake Grate
- Drive Shift
- Engine
Propulsion Type
- Electric
- IC Engines
Functionality
- Ride
- Others
- Optional Audio Speakers
- Foot Chocks
- Custom-Tuned Electric TRIM
- Connext Screen
- Auto Trim
- Accessory Package
Hull Type
- Composite
- Plastic
End-User
- Government
- Individual
- Rental
Series
- REC Lite
- Recreation
- Freestyle
- Performance
- Luxury
Distribution Channel
- Indirect Channel
- Direct Channel
Seat Model
- Others
- Triple
- Single
- Double
South Korea PERSONAL WATERCRAFT Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 75.33 USD Million |
| Market Value in 2032 | 117.35 USD Million |
| CAGR (2025-2032) | 8.04% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Type,Components,Propulsion Type,Functionality,Hull Type,End-User,Series,Distribution Channel,Seat Model |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 75.33 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 75.33 USD Million in 2024.
Segments and Scope
-
South Korea PERSONAL WATERCRAFT Market to 2032, By Type
- Sit-Down Model is the largest segment in South Korea PERSONAL WATERCRAFT Market to 2032 with a revenue of 49.08 USD Million in the year 2024.
- Sit-Down Model is the Fastest growing segment in South Korea PERSONAL WATERCRAFT Market to 2032 with a Growth rate of 8.52 % in forecast period 2025-2032.
-
South Korea PERSONAL WATERCRAFT Market to 2032, By Components
- Engine is the largest segment in South Korea PERSONAL WATERCRAFT Market to 2032 with a revenue of 16.08 USD Million in the year 2024.
- Engine is the Fastest growing segment in South Korea PERSONAL WATERCRAFT Market to 2032 with a Growth rate of 12.10 % in forecast period 2025-2032.
-
South Korea PERSONAL WATERCRAFT Market to 2032, By Propulsion Type
- IC Engines is the largest segment in South Korea PERSONAL WATERCRAFT Market to 2032 with a revenue of 48.14 USD Million in the year 2024.
- IC Engines is the Fastest growing segment in South Korea PERSONAL WATERCRAFT Market to 2032 with a Growth rate of 8.59 % in forecast period 2025-2032.
-
South Korea PERSONAL WATERCRAFT Market to 2032, By Functionality
- Accessory Package is the largest segment in South Korea PERSONAL WATERCRAFT Market to 2032 with a revenue of 20.17 USD Million in the year 2024.
- Accessory Package is the Fastest growing segment in South Korea PERSONAL WATERCRAFT Market to 2032 with a Growth rate of 9.69 % in forecast period 2025-2032.
-
South Korea PERSONAL WATERCRAFT Market to 2032, By Hull Type
- Composite is the largest segment in South Korea PERSONAL WATERCRAFT Market to 2032 with a revenue of 75.33 USD Million in the year 2024.
- Composite is the Fastest growing segment in South Korea PERSONAL WATERCRAFT Market to 2032 with a Growth rate of 8.04 % in forecast period 2025-2032.
-
South Korea PERSONAL WATERCRAFT Market to 2032, By End-User
- Rental is the largest segment in South Korea PERSONAL WATERCRAFT Market to 2032 with a revenue of 36.78 USD Million in the year 2024.
- Rental is the Fastest growing segment in South Korea PERSONAL WATERCRAFT Market to 2032 with a Growth rate of 8.80 % in forecast period 2025-2032.
-
South Korea PERSONAL WATERCRAFT Market to 2032, By Series
- REC Lite is the largest segment in South Korea PERSONAL WATERCRAFT Market to 2032 with a revenue of 75.33 USD Million in the year 2024.
- REC Lite is the Fastest growing segment in South Korea PERSONAL WATERCRAFT Market to 2032 with a Growth rate of 8.04 % in forecast period 2025-2032.
-
South Korea PERSONAL WATERCRAFT Market to 2032, By Distribution Channel
- Direct Channel is the largest segment in South Korea PERSONAL WATERCRAFT Market to 2032 with a revenue of 40.81 USD Million in the year 2024.
- Direct Channel is the Fastest growing segment in South Korea PERSONAL WATERCRAFT Market to 2032 with a Growth rate of 9.06 % in forecast period 2025-2032.
-
South Korea PERSONAL WATERCRAFT Market to 2032, By Seat Model
- Double is the largest segment in South Korea PERSONAL WATERCRAFT Market to 2032 with a revenue of 35.74 USD Million in the year 2024.
- Single is the Fastest growing segment in South Korea PERSONAL WATERCRAFT Market to 2032 with a Growth rate of 8.09 % in forecast period 2025-2032.
South Korea PERSONAL WATERCRAFT Market Company Share Analysis
| Company Name |
|
||
| Yamaha Motor Co., Ltd. | |||
| Kawasaki Heavy Industries, Ltd. | |||
| BRP | |||
| Jiujiang Hison Motor Boat Manufacturing Co., Ltd | |||
| ShopSBT.com | |||
South Korea PERSONAL WATERCRAFT Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea PERSONAL WATERCRAFT Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea PERSONAL WATERCRAFT Market is segmented based on Segmentation Type,Components,Propulsion Type,Functionality,Hull Type,End-User,Series,Distribution Channel,Seat Model.
South Korea PERSONAL WATERCRAFT Market was valued at USD 75.33(Revenue in USD Million) in 2021.
South Korea PERSONAL WATERCRAFT Market is projected to grow at a CAGR of 8.04% during the forecast period of 2024 to 2032.
The Composite segment is expected to dominate the South Korea PERSONAL WATERCRAFT Market, holding a largest market share of 75.33 USD Million in 2024
South Korea PERSONAL WATERCRAFT Market Scope
South Korea PERSONAL WATERCRAFT Market Segmentation & Scope
Type
- Stand-Up Model
- Sit-Down Model
Components
- Others
- Safety Switch
- Speedometer
- Steering Control
- Steering Nozzle
- Impeller
- Intake Grate
- Drive Shift
- Engine
Propulsion Type
- Electric
- IC Engines
Functionality
- Ride
- Others
- Optional Audio Speakers
- Foot Chocks
- Custom-Tuned Electric TRIM
- Connext Screen
- Auto Trim
- Accessory Package
Hull Type
- Composite
- Plastic
End-User
- Government
- Individual
- Rental
Series
- REC Lite
- Recreation
- Freestyle
- Performance
- Luxury
Distribution Channel
- Indirect Channel
- Direct Channel
Seat Model
- Others
- Triple
- Single
- Double
Frequently Asked Questions
The South Korea PERSONAL WATERCRAFT Market is segmented based on Segmentation Type,Components,Propulsion Type,Functionality,Hull Type,End-User,Series,Distribution Channel,Seat Model.
South Korea PERSONAL WATERCRAFT Market was valued at USD 75.33(Revenue in USD Million) in 2021.
South Korea PERSONAL WATERCRAFT Market is projected to grow at a CAGR of 8.04% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea PERSONAL WATERCRAFT Market for final year is USD 117.35 (USD Million).
South Korea PERSONAL WATERCRAFT Market Company Profiling
Frequently Asked Questions
The South Korea PERSONAL WATERCRAFT Market is segmented based on Segmentation Type,Components,Propulsion Type,Functionality,Hull Type,End-User,Series,Distribution Channel,Seat Model.
South Korea PERSONAL WATERCRAFT Market was valued at USD 75.33(Revenue in USD Million) in 2021.
South Korea PERSONAL WATERCRAFT Market is projected to grow at a CAGR of 8.04% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea PERSONAL WATERCRAFT Market for final year is USD 117.35 (USD Million).
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