The 88,300 units is the estimate by Power Research of the number of Personal Watercraft (PWC) to be produced in North America (Canada, Mexico and the United States) in 2020.
This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers.
Market Share: With combined plant total of 56.5% Yamaha leads in production of PWC in North America. In second position is Bombardier with 37.5%; third, is Kawasaki with 8%.
Exports: Up to 30% worldwide.
Trends: In 2019, production of PWC in North America increased 1.2% over 2018. Production is expected to remain flat, with a slight decrease of 3% in 2020 over 2019. Sales of these recreational vehicles depend on disposable income and leisure time.
Industry revenue dropped during the recession and is still low; over the next five years continued disposable income growth will bring revenue back to its prerecession level. Expect the production of Personal Watercraft to gain up to 5% by 2025. PSR
Carol Turner is Senior Analyst, Global Operations, at Power Systems Research
