Tools commonly used in the Wave Runners (Retail) industry for day-to-day tasks and operations.

• Personal watercraft trailers
• Life jackets
• Wetsuits
• Wakeboards
• Water skis
• Tow ropes
• Anchors
• Dock lines
• Fenders
• GPS navigation systems
• Marine radios
• Fuel stabilizers
• Oil extractors
• Battery chargers
• Spark plug wrenches
• Impeller removal tools
• Jet pump rebuild kits
• Hull cleaners
• Wax and polish

Common products and services typical of NAICS Code 459110-71, illustrating the main business activities and contributions to the market.

• Wave runners for fishing
• Wave runners for racing
• Wave runners for cruising
• Wave runners for towing
• Wave runners for exploring
• Wave runners for family fun
• Wave runners for water sports
• Wave runners for adventure
• Wave runners for thrill seekers
• Wave runners for beginners

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Personal Watercraft Certification: This certification is required for individuals who operate personal watercraft, such as wave runners, in the US. It covers topics such as safety, operation, and regulations. The certification is provided by the National Association of State Boating Law Administrators (NASBLA).
• Boating Safety Certificate: In some states, individuals operating personal watercraft are required to have a boating safety certificate. This certificate covers topics such as navigation rules, safety equipment, and emergency procedures. The requirements for obtaining this certificate vary by state.
• Environmental Compliance Certificate: Retailers of wave runners must comply with environmental regulations, such as those related to fuel and oil spills. An environmental compliance certificate can demonstrate that a retailer is aware of and compliant with these regulations. The requirements for obtaining this certificate vary by state.
• Sales Tax Permit: Retailers of wave runners must collect sales tax on their sales. A sales tax permit is required to do so. The requirements for obtaining this permit vary by state.
• Business License: Retailers of wave runners must obtain a business license to operate legally. The requirements for obtaining this license vary by state and local jurisdiction.

A concise historical narrative of NAICS Code 459110-71 covering global milestones and recent developments within the United States.

• The Wave Runners (Retail) industry has a relatively short history, with the first personal watercraft (PWC) being introduced in the 1960s. Kawasaki was the first company to produce a PWC, the Jet Ski, in 1972. Yamaha followed suit in 1986 with the WaveRunner, which became the industry standard. In the 1990s, the industry experienced a boom, with sales of PWCs reaching over 200,000 units in 1995. However, the industry was hit hard by the recession in the late 2000s, with sales dropping to around 50,000 units in 2010. In recent years, the industry has seen a resurgence, with sales increasing to over 70,000 units in 2019. In the United States, the Wave Runners (Retail) industry has a similar history to the global industry. The first PWCs were introduced in the 1960s, and the industry experienced a boom in the 1990s. However, the industry was hit hard by the recession in the late 2000s, with sales dropping to around 20,000 units in 2010. In recent years, the industry has seen a resurgence, with sales increasing to over 30,000 units in 2019. The industry has also seen advancements in technology, with manufacturers introducing new features such as electronic throttle control and intelligent brake and reverse systems.

The anticipated future trajectory of the NAICS 459110-71 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Growing

  The future outlook for the Wave Runners (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing popularity of water sports and outdoor recreational activities. The rise in disposable income and the growing interest in adventure sports are also expected to contribute to the growth of the industry. The industry is also expected to benefit from the increasing demand for eco-friendly and sustainable products. However, the industry may face challenges due to the increasing competition from online retailers and the impact of the COVID-19 pandemic on consumer spending.

Recent groundbreaking advancements and milestones in the Wave Runners (Retail) industry, reflecting notable innovations that have reshaped its landscape.

• Electric Wave Runners: Electric Wave Runners are becoming increasingly popular due to their eco-friendliness and low noise levels. These Wave Runners are powered by rechargeable batteries and are emission-free, making them an attractive option for environmentally conscious consumers.
• Self-Driving Wave Runners: Self-driving Wave Runners are equipped with advanced sensors and GPS technology that allow them to navigate waterways autonomously. These Wave Runners are expected to revolutionize the industry by making water sports more accessible and safer for consumers.
• Wave Runner Sharing Services: Wave Runner sharing services are similar to bike-sharing services and allow consumers to rent Wave Runners on an hourly or daily basis. These services are becoming increasingly popular in coastal cities and tourist destinations, where consumers may not want to invest in purchasing a Wave Runner.
• Advanced Safety Features: Wave Runner manufacturers are incorporating advanced safety features such as collision avoidance systems, automatic shut-off switches, and emergency stop buttons to make Wave Runners safer for consumers.
• Hybrid Wave Runners: Hybrid Wave Runners are powered by a combination of gasoline and electric motors, making them more fuel-efficient and eco-friendly than traditional Wave Runners. These Wave Runners are expected to become increasingly popular as consumers become more environmentally conscious.