Electric Jet Ski Market | Exactitude Consultancy Reports
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Electric Jet Ski Market By Product Type (Stand-Up Electric Jet Skis And Sit-Down Electric Jet Skis), By Battery Type (Lead-Acid Batteries, Lithium-Ion Batteries, And Others), By End-Use (Commercial And Personal Use) And Region, Global Trends And Forecast From 2022 To 2029.
The global electric jet ski market is expected to grow at 6.2% CAGR from 2020 to 2029. It is expected to reach above USD 2.4 billion by 2029 from USD 1.6 billion in 2020.
Segment Analysis
Global electric jet ski market by product type is divided into stand-up electric jet skis and sit-down electric jet skis.
Stand-up electric jet skis are personal watercrafts that are built for one person to stand on while operating. These environmentally friendly, electric-powered jet skis are quieter than conventional gas-powered ones and emit no pollution. They are a popular option for recreational usage and for people with limited storage space because they are very small and simple to store. The rise in demand for electric personal watercraft and the movement toward environmentally responsible recreation have both contributed to the popularity of stand-up electric jet skis in recent years.
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