Water Bikes Market

Water Bikes Market to Witness Rising Trend of Rental Water Bikes during 2021-2031

Key Takeaways from Market Study

– Hydrofoil water bikes are expected to remain the most attractive and likely to offer an absolute dollar opportunity of US$ 51.3 Mn during 2021 – 2031. – Based on ownership, rental water bikes are estimated to be the most lucrative, increasing 480 BPS by 2031. – Together, North America and Europe represented over 70% of global market share in 2020. – Based on product type, demand for electric water bikes is expected to grow 15X during the projection period. – The market in North America is expected to gain 940 BPS from 2021 to 2031, and offer an absolute dollar opportunity of US$ 92.9 Mn over the decade.

Analyst's Point of View

“Attributable to a captivating product, demand for water bikes is expected to gain prominent growth over the coming years. The market is emerging and expected to see optimistic outcomes in terms of sales, revenue generation, and new innovative products,” says a Fact.MR analyst.

Key Segments

– By Technology Pontoon Hydrofoil Surfboard – By Product Type Manual Water Bikes Electric Water Bikes – By Ownership Personal Water Bikes Rental Water Bikes

Key Players

– Schiller Waterbikes – Manta5 – Hydrobikes Inc. – Aurea Bike – SBK ENGINEERING SRL – Redsharkbikes – Waterbike Italia S.R.L – QINGDAO HAOYANG BOAT Co., Ltd. – Wuxi Funsor Marin Equipment Co., Ltd – Guangzhou Powerful Toys Co., Ltd.

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